XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0161%/8h= +17.6% APRnext payment +$0.20 per $10,000 · paid last 24h +0.032%

Price spread now: Bullet against Injective−0.051%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Bullet is 0.051% cheaper against Injective than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 25 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XAU/USDC PERP	4,350.4	0.0033	pay 0.0004% / 1h	51m 20s	$619	$54	52x
Short	Bullet GOLD-USD	4,348.2	0.0194	get 0.0024% / 1h	51m 20s	$59K	$83K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee BulletbpOrdersPrice spread, now −0.051%Rate

Funding earned: $33.78
Price spread: −0.051% → 0.000%: −$5.1
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bullet: 4 bp × 2 orders: −$8
Net: $20.66
Costs to cover: 0.080%
Break-even: 2.7 days

Slippage unknown: Injective: no order-book sample; Bullet: 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 Injective no order-book sample	—	—	—	—	—
Sell Bullet no order-book sample	—	—	—	—	—

Injective and Bullet: 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 38 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
Bluefin GOLD-PERP	−0.0103%	1h	4,343.3	−0.164%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	0.0000%	1h	4,347.9	−0.058%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,350.1	−0.009%	$264.3M	$405.5M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,356.8	+0.147%	$93K	$9.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,344.4	−0.137%	$269K	—	250x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,348.9	−0.036%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,345.4	−0.115%	$13.6M	$40.5M	25x	as long as short
Injective XAU/USDC PERPlong	+0.0033%	1h	4,350.4	long leg	$619	$54	52x
Kalshi KXGOLDPERP	+0.0037%	24h	4,349.3	−0.026%	$4.1M	$36.2M	15x	as long as short
Lighter XAU	+0.0040%	1h	4,348.3	−0.050%	$20.6M	$41.8M	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAU-USD	+0.0040%	1h	4,354.8	+0.101%	$3.8M	$4.6M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,382.1	+0.728%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,348.4	−0.046%	$5.6M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,348.4	−0.046%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344.9	−0.127%	$293.2M	$48.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,345	−0.124%	$15.1M	$57.8M	25x	as long as short
Aster XAUUSD1	+0.0061%	4h	4,349.7	−0.016%	$70.1M	$328.7M	20x	as long as short
Lighter RH XAU	+0.0072%	1h	4,350.3	−0.002%	$20.1M	$39.3M	25x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,349.7	−0.017%	$19K	$5K	5x	as long as short
Pacifica XAU	+0.0100%	1h	4,346.9	−0.081%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,350.6	+0.005%	$275K	$203K	50x	as long as short
Polymarket Perps GOLD-USD	+0.0103%	1h	4,346.7	−0.086%	$4.3M	$1.9M	20x	as long as short
Variational Omni XAU	+0.0107%	4h	4,352.3	+0.043%	$48.3M	$28.1M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,348.1	−0.053%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0116%	4h	4,349	−0.033%	$410.2M	$2.09B	100x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,347.6	−0.066%	$371.4M	$315.5M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0132%	4h	4,353.6	+0.073%	$1.4M	$3.0M	25x	as long as short
edgeX XAUUSDC	+0.0136%	4h	4,348.4	−0.046%	$30.3M	$58.7M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,352	+0.036%	$47K	$77K	25x	as long as short
Bullet GOLD-USDshort	+0.0194%	1h	4,348.2	−0.051%	$59K	$83K	10x
Bybit XAUUSDT	+0.0206%	4h	4,350.2	−0.005%	$84.0M	$145.0M	150x	as long as short
Bitget XAUUSDT	+0.0210%	4h	4,349.5	−0.022%	$69.6M	$109.2M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0249%	8h	4,350.5	+0.002%	$164.6M	$282.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,348.8	−0.037%	$593K	$133K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0279%	1h	4,347.6	−0.065%	$259K	$702K	25x	as long as short
Phemex XAUUSDT	+0.0316%	4h	4,353.3	+0.065%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0398% / S −0.0207%	1h	4,348.7	−0.039%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0612%	4h	4,358.5	+0.186%	$2.9M	$4.2M	75x	as long as short