Funding you earn now, next payment 04:00 UTC+0.0248%/8h= +27.2% APRpaid last 24h +0.062%
Price spread now: OKX against SunX−0.088%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$670.675% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.088%, 7d avg −0.077%
=The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.161% in total (about 8.4% 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 | SunX XAU-USDT | 4,351.7 | 0 | get 0.0000% / 4h | 1h 46m | $92K | $9.4M | 20x |
| Short | OKX XAU-USDT-SWAP | 4,347.9 | 0.0248 | get 0.0248% / 8h | 5h 46m | $164.3M | $282.4M | 100x |
SunX XAU-USDT
OKX XAU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against SunX. 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
- $52.12
- Price spread: −0.088% → −0.077%
- −$1.06
- Slippage, 4 orders
- −$49.47
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$16.41
- Costs to cover
- 0.675%
- Break-even
- 9.2 days
Slippage from SunX: live order book, 13 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 SunX live order book, 13 min ago | 23.65 bp | 27.6 bp −$28 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.12 bp | 5.1 bp −$5 | 5.1 bp −$51 | 6.6 bp −$658 | 12.1 bp −$6,042 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −0.0016% | 1h | 4,344.4 | −0.168% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,348.9 | −0.065% | $264.7M | $407.3M | 100x | as long as short |
| SunX XAU-USDTlong | 0.0000% | 4h | 4,351.7 | long leg | $92K | $9.4M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,342.7 | −0.208% | $266K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,347.2 | −0.104% | $3.4M | $12.4M | 25x | as long as short |
| Bluefin GOLD-PERP | +0.0012% | 1h | 4,341.9 | −0.225% | $25K | $14K | 20x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,342.6 | −0.208% | $13.6M | $39.9M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.030% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0037% | 24h | 4,344.5 | −0.166% | $4.2M | $36.4M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,348.3 | −0.079% | $3.8M | $4.6M | 40x | as long as short |
Hotstuff GOLD-PERP
Gate XAU_USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Bluefin GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,380.1 | +0.652% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,346.8 | −0.113% | $5.6M | $1.9M | 20x | as long as short |
| Aster XAUUSD1 | +0.0047% | 4h | 4,348 | −0.087% | $70.0M | $331.4M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,344.1 | −0.175% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.6 | −0.164% | $293.3M | $48.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,343.8 | −0.182% | $15.1M | $57.7M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,345.7 | −0.138% | $20.6M | $41.9M | 25x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,348.3 | −0.078% | $20.1M | $39.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,346.7 | −0.116% | $19K | $5K | 5x | as long as short |
| Binance XAUUSDT | +0.0098% | 4h | 4,347.3 | −0.102% | $411.2M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,344.1 | −0.175% | $1.4M | $1.2M | 10x | as long as short |
| MEXC XAU_USDT | +0.0100% | 4h | 4,347.3 | −0.102% | $371.2M | $316.6M | 1000x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,344 | −0.177% | $274K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0102% | 4h | 4,347.9 | −0.088% | $48.3M | $27.9M | — | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,346.6 | −0.118% | $161K | $87 | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0118% | 4h | 4,349.4 | −0.052% | $1.4M | $3.0M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0118% | 1h | 4,346.4 | −0.122% | $4.3M | $1.9M | 20x | as long as short |
| edgeX XAUUSDC | +0.0126% | 4h | 4,342.6 | −0.210% | $30.2M | $58.9M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,347.8 | −0.090% | $47K | $77K | 25x | as long as short |
| Bybit XAUUSDT | +0.0201% | 4h | 4,348.5 | −0.074% | $84.4M | $145.1M | 150x | as long as short |
| Bitget XAUUSDT | +0.0208% | 4h | 4,347.5 | −0.097% | $69.6M | $109.3M | 100x | as long as short |
| Bullet GOLD-USD | +0.0210% | 1h | 4,347.4 | −0.099% | $58K | $83K | 10x | as long as short |
| OKX XAU-USDT-SWAPshort | +0.0248% | 8h | 4,347.9 | −0.088% | $164.3M | $282.4M | 100x | |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,343.9 | −0.180% | $593K | $133K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0349% | 1h | 4,345.5 | −0.143% | $259K | $704K | 25x | as long as short |
| Phemex XAUUSDT | +0.0353% | 4h | 4,350.2 | −0.035% | $2.2M | $1.1M | 100x | as long as short |
| BloFin XAU-USDT | +0.0366% | 4h | 4,347.8 | −0.090% | — | $4.7M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0399% / S −0.0209% | 1h | 4,347.4 | −0.100% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0574% | 4h | 4,353 | +0.029% | $2.8M | $4.2M | 75x | as long as short |
Vest GC-PERP
QFEX GOLD-USD
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Lighter XAU
Lighter RH XAU
Paradex XAU-USD-PERP
Binance XAUUSDT
Pacifica XAU
MEXC XAU_USDT
ApeX Omni XAUUSDT
Variational Omni XAU
Aevo XAU-PERP
GRVT XAU_USDT_Perp
Polymarket Perps GOLD-USD
edgeX XAUUSDC
Phoenix GOLD
Bybit XAUUSDT
Bitget XAUUSDT
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT