Funding you earn now, next payment 12:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.050%
Price spread now: OKX against StandX−0.123%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.123%, 7d avg −0.005%
=Together, before fees+0.152%+ Points / potential airdropStandX: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.117% cheaper against StandX than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.005%). If the spread goes back, that is −$12 on $10k: about 2.1 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.053% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX XAU-USD | 4,322.1 | 0.0040 | pay 0.0005% / 1h | 49m 09s | $3.8M | $4.5M | 40x |
| Short | OKX XAU-USDT-SWAP | 4,316.8 | 0.0225 | get 0.0225% / 8h | 4h 49m | $170.9M | $364.3M | 100x |
StandX XAU-USD
OKX XAU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against StandX. 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
- $38.84
- Price spread: −0.123% → −0.005%
- −$11.72
- Slippage, 4 orders
- −$6.9
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $2.22
- Costs to cover
- 0.249%
- Break-even
- 6.6 days
Slippage from StandX: live order book, 3 min ago; OKX: live order book, 3 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 StandX live order book, 3 min ago | 3.01 bp | 7.0 bp −$7 | 7.5 bp −$75 | 10.0 bp −$996 | 11.7 bp −$5,868 |
| Sell OKX live order book, 3 min ago | 0.12 bp | 5.1 bp −$5 | 5.6 bp −$56 | 7.4 bp −$737 | 14.1 bp −$7,038 |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOLD-PERP-INTX | −0.0032% | 1h | 4,310.2 | −0.275% | $2.1M | $5.1M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,319.1 | −0.069% | $92K | $5.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0002% | 1h | 4,309.7 | −0.288% | $306K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,319.6 | −0.058% | $35K | $3K | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.655% | $619 | $54 | 52x | as long as short |
| StandX XAU-USDlong | +0.0040% | 1h | 4,322.1 | long leg | $3.8M | $4.5M | 40x | |
| QFEX GOLD-USD | +0.0042% | 1h | 4,312.7 | −0.217% | $6.6M | $3.3M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,349.6 | +0.636% | — | $1.0M | 25x | as long as short |
| Aster XAUUSD1 | +0.0046% | 4h | 4,317 | −0.118% | $71.2M | $277.3M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,311.9 | −0.237% | $15.2M | $59.1M | 25x | as long as short |
Coinbase International GOLD-PERP-INTX
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
Injective XAU/USDC PERP
QFEX GOLD-USD
Vest GC-PERP
Aster XAUUSD1
Ondo Perps XAU-USD.PShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0057% | 8h | 4,314.7 | −0.172% | $2K | $13K | 5x | as long as short |
| RISEx XAU/USDC | +0.0062% | 1h | 4,316.1 | −0.139% | $4.7M | $13.4M | 25x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,314.1 | −0.186% | $20.0M | $30.3M | 25x | as long as short |
| Variational Omni XAU | +0.0070% | 4h | 4,319.1 | −0.069% | $47.0M | $28.1M | — | as long as short |
| tradeXYZ xyz:GOLD | +0.0075% | 1h | 4,312.4 | −0.224% | $291.4M | $46.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0076% | 4h | 4,317.4 | −0.108% | $303.0M | $434.8M | 100x | as long as short |
| MEXC XAU_USDT | +0.0084% | 4h | 4,314.9 | −0.166% | $350.0M | $352.5M | 1000x | as long as short |
| edgeX XAUUSDC | +0.0084% | 4h | 4,319.5 | −0.060% | $30.2M | $66.6M | 50x | as long as short |
| Binance XAUUSDT | +0.0085% | 4h | 4,315.2 | −0.159% | $441.5M | $2.44B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0098% | 4h | 4,320 | −0.047% | $1.4M | $3.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,312.4 | −0.224% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,317.3 | −0.111% | $286K | $227K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,309.1 | −0.301% | $25K | $1K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,312.7 | −0.216% | $160K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0124% | 1h | 4,315.8 | −0.146% | $43K | $71K | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0146% | 24h | 4,316.2 | −0.137% | $3.5M | $52.0M | 15x | as long as short |
| Lighter RH XAU | +0.0152% | 1h | 4,316.4 | −0.131% | $19.5M | $39.3M | 25x | as long as short |
| Bybit XAUUSDT | +0.0160% | 4h | 4,317.5 | −0.106% | $82.7M | $167.9M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0191% | 1h | 4,313.3 | −0.204% | $135K | $659K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0198% | 1h | 4,311.6 | −0.243% | $581K | $166K | 25x | as long as short |
| Bitget XAUUSDT | +0.0202% | 4h | 4,315.3 | −0.158% | $72.8M | $141.7M | 100x | as long as short |
| Extended XAU-USD | +0.0224% | 1h | 4,310.7 | −0.263% | $12.5M | $34.1M | 25x | as long as short |
| Bullet GOLD-USD | +0.0225% | 1h | 4,315.6 | −0.151% | $59K | $77K | 10x | as long as short |
| OKX XAU-USDT-SWAPshort | +0.0225% | 8h | 4,316.8 | −0.123% | $170.9M | $364.3M | 100x | |
| Polymarket Perps GOLD-USD | +0.0234% | 1h | 4,316.3 | −0.134% | $4.3M | $1.7M | 20x | as long as short |
| Phemex XAUUSDT | +0.0242% | 4h | 4,317.9 | −0.098% | $2.2M | $733K | 100x | as long as short |
| BloFin XAU-USDT | +0.0326% | 4h | 4,316.3 | −0.134% | $16.4M | $5.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0424% / S −0.0257% | 1h | 4,314.2 | −0.182% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1028% | 4h | 4,322.5 | +0.009% | $3.2M | $7.1M | 75x | as long as short |
Paradex XAU-USD-PERP
RISEx XAU/USDC
Lighter XAU
Variational Omni XAU
tradeXYZ xyz:GOLD
Gate XAU_USDT
MEXC XAU_USDT
edgeX XAUUSDC
Binance XAUUSDT
GRVT XAU_USDT_Perp
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Aevo XAU-PERP
Phoenix GOLD
Kalshi KXGOLDPERP
Lighter RH XAU
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Extended XAU-USD
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Phemex XAUUSDT
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT