Funding you earn now, next payment 04:00 UTC+0.0283%/8h= +31.0% APRpaid last 24h +0.062%
Price spread now: OKX against gTrade (Gains Network)+0.133%53s7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2772.773% of the position
Funding, last 3 days (all we have)+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.133%, 7d avg +0.110%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.023% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.110%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.070% in total (about 7.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAU/USD | 4,343 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 33m 36s | $271K | — | 250x |
| Short | OKX XAU-USDT-SWAP | 4,348.8 | 0.0285 | get 0.0285% / 8h | 4h 33m | $165.6M | $281.8M | 100x |
gTrade (Gains Network) XAU/USD
OKX XAU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against gTrade (Gains Network). 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
- $59.39
- Price spread: +0.133% → +0.110%
- $2.31
- Slippage, 4 orders
- −$260.26
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$215.56
- Costs to cover
- 2.773%
- Break-even
- 32.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 55 min ago; OKX: live order book, 5 min ago.
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 gTrade (Gains Network) virtual book (oracle venue), 55 min ago | 130.01 bp | 133.5 bp −$134 | 196.7 bp −$1,967 | 1352.9 bp −$135.3K | 5907.8 bp −$2.95M |
| Sell OKX live order book, 5 min ago | 0.12 bp | 5.1 bp −$5 | 5.1 bp −$51 | 6.3 bp −$629 | 12.5 bp −$6,245 |
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,347.6 | +0.105% | $3.4M | $12.3M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,351.3 | +0.190% | $92K | $9.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDlong | L +0.0002% / S −0.0003% | 1h | 4,343 | long leg | $271K | — | 250x | |
| Gate XAU_USDT | +0.0006% | 4h | 4,348.5 | +0.127% | $267.7M | $412.1M | 100x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,346.4 | +0.079% | $20.8M | $37.8M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.8 | +0.019% | $13.3M | $38.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.171% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,348.6 | +0.129% | $20.1M | $39.2M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,347.3 | +0.099% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,347.4 | +0.101% | $5.7M | $2.0M | 20x | as long as short |
RISEx XAU/USDC
SunX XAU-USDT
Gate XAU_USDT
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | +0.0045% | 24h | 4,345.7 | +0.062% | $4.2M | $37.2M | 15x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,379.8 | +0.847% | — | $1.1M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.1 | +0.002% | $2.0M | $4.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.3 | +0.030% | $293.7M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,344.4 | +0.032% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0064% | 4h | 4,348.4 | +0.123% | $71.0M | $333.7M | 20x | as long as short |
| Variational Omni XAU | +0.0080% | 4h | 4,346.7 | +0.085% | $48.5M | $27.8M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,347.8 | +0.111% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0086% | 4h | 4,346.6 | +0.084% | $1.4M | $2.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0092% | 4h | 4,347.8 | +0.110% | $372.8M | $317.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0093% | 4h | 4,347.8 | +0.111% | $414.0M | $2.09B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,343.8 | +0.018% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,343.5 | +0.010% | $274K | $203K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,346.3 | +0.075% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0110% | 4h | 4,341.5 | −0.036% | $30.2M | $58.3M | 50x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,347.3 | +0.099% | $47K | $77K | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0144% | 1h | 4,344.4 | +0.032% | $33K | — | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0151% | 1h | 4,346.6 | +0.083% | $4.3M | $1.9M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,344 | +0.023% | $592K | $132K | 25x | as long as short |
| Bullet GOLD-USD | +0.0199% | 1h | 4,346.9 | +0.090% | $59K | $82K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0210% | 1h | 4,345.4 | +0.055% | $243K | $789K | 25x | as long as short |
| Phemex XAUUSDT | +0.0217% | 4h | 4,349.8 | +0.157% | $2.2M | $967K | 100x | as long as short |
| Bluefin GOLD-PERP | +0.0227% | 1h | 4,340.1 | −0.067% | $25K | $14K | 20x | as long as short |
| Bitget XAUUSDT | +0.0234% | 4h | 4,348.1 | +0.116% | $70.0M | $109.2M | 100x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,349.2 | +0.143% | $85.0M | $144.8M | 150x | as long as short |
| OKX XAU-USDT-SWAPshort | +0.0285% | 8h | 4,348.8 | +0.133% | $165.6M | $281.8M | 100x | |
| BloFin XAU-USDT | +0.0344% | 4h | 4,346.1 | +0.072% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0413% / S −0.0231% | 1h | 4,347.2 | +0.097% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0625% | 4h | 4,351.6 | +0.198% | $2.9M | $4.3M | 75x | as long as short |
Kalshi KXGOLDPERP
Vest GC-PERP
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Phoenix GOLD
Hotstuff GOLD-PERP
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
Bluefin GOLD-PERP
Bitget XAUUSDT
Bybit XAUUSDT
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT