Funding you earn now, next payment 10:00 UTC+0.0218%/8h= +23.8% APRnext payment +$0.27 per $10,000 · paid last 24h +0.045%
Price spread now: GMX against Extended+0.149%7-day average +0.068% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.149%, 7d avg +0.068%
=Together, before fees+0.146%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.081% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAU-USD | 4,318.3 | 0.0088 | pay 0.0011% / 1h | 54m 26s | $12.7M | $35.7M | 25x |
| Short | GMX GOLD/USD [ETH-USDC] | 4,324.8 | L +0.0460% / S −0.0306% | get 0.0038% / 1h | 54m 26s | $252K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $45.69
- Price spread: +0.149% → +0.068%
- $8.13
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $36.82
- Costs to cover
- 0.170%
- Break-even
- 1.4 days
Slippage unknown: Extended: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 5 min ago | 0.12 bp | 2.6 bp −$3 | 3.6 bp −$36 | 7.0 bp −$698 | 26.4 bp −$13.2K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAU on 39 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,328.8 | +0.242% | $92K | $6.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,330.7 | +0.286% | $275K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0024% | 1h | 4,325.1 | +0.157% | $2.0M | $5.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.743% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0038% | 1h | 4,321.5 | +0.074% | $6.6M | $3.0M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,328.5 | +0.236% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,355.4 | +0.859% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.9 | +0.037% | $291.8M | $54.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,318.2 | −0.003% | $15.1M | $57.4M | 25x | as long as short |
| RISEx XAU/USDC | +0.0056% | 1h | 4,323.3 | +0.115% | $4.6M | $13.5M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0058% | 8h | 4,321.6 | +0.076% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,324.2 | +0.135% | $74.3M | $273.2M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0080% | 1h | 4,319.7 | +0.032% | $32K | — | 25x | as long as short |
| Extended XAU-USDlong | +0.0088% | 1h | 4,318.3 | long leg | $12.7M | $35.7M | 25x | |
| Variational Omni XAU | +0.0094% | 4h | 4,326.7 | +0.194% | $47.1M | $29.9M | — | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,328.1 | +0.226% | $43K | $72K | 25x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,323.9 | +0.128% | $19.9M | $38.6M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,319.1 | +0.018% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,327.6 | +0.214% | $284K | $232K | 50x | as long as short |
| Lighter XAU | +0.0104% | 1h | 4,321.5 | +0.074% | $20.1M | $29.4M | 25x | as long as short |
| Gate XAU_USDT | +0.0106% | 4h | 4,325 | +0.153% | $302.2M | $430.2M | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,323.5 | +0.120% | $160K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0114% | 4h | 4,323.3 | +0.116% | $352.0M | $348.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0116% | 4h | 4,323.2 | +0.113% | $435.2M | $2.36B | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0119% | 1h | 4,322.6 | +0.099% | $4.3M | $1.7M | 20x | as long as short |
| Kalshi KXGOLDPERP | +0.0121% | 24h | 4,326.4 | +0.187% | $3.5M | $48.6M | 15x | as long as short |
| edgeX XAUUSDC | +0.0123% | 4h | 4,325.6 | +0.168% | $30.2M | $65.1M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0130% | 4h | 4,329.2 | +0.252% | $1.4M | $3.0M | 25x | as long as short |
| Bybit XAUUSDT | +0.0145% | 4h | 4,324.3 | +0.138% | $81.5M | $170.3M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0167% | 1h | 4,321.9 | +0.083% | $134K | $783K | 25x | as long as short |
| Bullet GOLD-USD | +0.0190% | 1h | 4,322.9 | +0.105% | $58K | $77K | 10x | as long as short |
| Bitget XAUUSDT | +0.0196% | 4h | 4,323 | +0.108% | $71.5M | $133.0M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0244% | 8h | 4,323.8 | +0.127% | $170.6M | $356.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0356% | 4h | 4,325 | +0.155% | $16.2M | $5.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0412% | 1h | 4,321.6 | +0.076% | $582K | $150K | 25x | as long as short |
| Phemex XAUUSDT | +0.0427% | 4h | 4,327 | +0.200% | $2.2M | $961K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC]short | L +0.0460% / S −0.0306% | 1h | 4,324.8 | +0.149% | $252K | — | 111x | |
| HTX XAU-USDT | +0.1110% | 4h | 4,330.9 | +0.291% | $3.2M | $7.0M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.3386% | 1h | 4,316.7 | −0.038% | $25K | $1K | 20x | as long as short |
Extended XAU-USD
GMX GOLD/USD [ETH-USDC]
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Coinbase International GOLD-PERP-INTX
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
RISEx XAU/USDC
Paradex XAU-USD-PERP
Aster XAUUSD1
Variational Omni XAU
Phoenix GOLD
Lighter RH XAU
Pacifica XAU
ApeX Omni XAUUSDT
Lighter XAU
Gate XAU_USDT
MEXC XAU_USDT
Binance XAUUSDT
Polymarket Perps GOLD-USD
Kalshi KXGOLDPERP
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP