Funding you earn now, next payment 22:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h +0.012%
Price spread now: Bullet against Aevo+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread pays, funding is against you. Bullet is 0.054% dearer against Aevo than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAU-PERP | 4,342.8 | 0.0080 | pay 0.0010% / 1h | 0m 07s | $161K | $87 | 10x |
| Short | Bullet GOLD-USD | 4,345.1 | 0 | get 0.0000% / 1h | 0m 07s | $59K | $84K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Aevo. 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
- −$16.8
- Price spread: +0.054% → 0.000%
- $5.38
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$35.42
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: live order book, 24 min ago; 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 Aevo live order book, 24 min ago | 4.30 bp | 13.6 bp −$14 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
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 | −0.0575% | 1h | 4,338.1 | −0.107% | $26K | $21K | 20x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,343.9 | +0.027% | $71.1M | $240.4M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,344.6 | +0.043% | $411.5M | $2.11B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,345.9 | +0.072% | $82.6M | $144.7M | 150x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,346.6 | +0.088% | $273.9M | $413.9M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,343.8 | +0.025% | $371.2M | $350.9M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,345.7 | +0.068% | $67.3M | $113.9M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,344.2 | +0.034% | $47.8M | $33.5M | — | as long as short |
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,342 | −0.018% | $1.4M | $3.3M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,343.4 | +0.015% | $3.9M | $34.1M | 15x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet GOLD-USDshort | 0.0000% | 1h | 4,345.1 | +0.054% | $59K | $84K | 10x | |
| SunX XAU-USDT | 0.0000% | 4h | 4,349.2 | +0.149% | $92K | $10.9M | 20x | as long as short |
| HTX XAU-USDT | 0.0000% | 4h | 4,348.7 | +0.138% | $2.8M | $3.8M | 75x | as long as short |
| edgeX XAUUSDC | +0.0010% | 4h | 4,337.8 | −0.115% | $30.2M | $58.0M | 50x | as long as short |
| tradeXYZ xyz:GOLD | +0.0032% | 1h | 4,340.8 | −0.045% | $292.3M | $53.7M | 25x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,342.6 | −0.004% | $20.7M | $46.8M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,344.9 | +0.049% | $20.2M | $45.1M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.2 | +0.009% | $13.2M | $50.6M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.176% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,343.6 | +0.019% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,381.7 | +0.897% | — | $995K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,342.8 | +0.001% | $4.3M | $2.3M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,342.7 | −0.001% | $14.3M | $54.8M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0050% | 8h | 4,344.8 | +0.047% | $19K | $6K | 5x | as long as short |
| QFEX GOLD-USD | +0.0052% | 1h | 4,344 | +0.028% | $5.5M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,340.6 | −0.050% | $2.0M | $5.2M | 25x | as long as short |
| Aevo XAU-PERPlong | +0.0080% | 1h | 4,342.8 | long leg | $161K | $87 | 10x | |
| Pacifica XAU | +0.0100% | 1h | 4,342.2 | −0.012% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,343 | +0.005% | $272K | $204K | 50x | as long as short |
| Phoenix GOLD | +0.0109% | 1h | 4,343.4 | +0.015% | $47K | $69K | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0136% | 1h | 4,339.7 | −0.071% | $33K | — | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0174% | 8h | 4,345.9 | +0.072% | $158.1M | $274.8M | 100x | as long as short |
| RISEx XAU/USDC | +0.0190% | 1h | 4,344.5 | +0.040% | $3.4M | $12.6M | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,344.4 | +0.037% | $14.8M | $4.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0333% | 1h | 4,341.9 | −0.021% | $599K | $160K | 25x | as long as short |
| Phemex XAUUSDT | +0.0386% | 4h | 4,345.4 | +0.060% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0450% / S −0.0246% | 1h | 4,345.2 | +0.056% | $251K | — | 29x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0695% | 1h | 4,344.2 | +0.033% | $221K | $878K | 25x | as long as short |
Bullet GOLD-USD
Bluefin GOLD-PERP
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
SunX XAU-USDT
HTX XAU-USDT
edgeX XAUUSDC
tradeXYZ xyz:GOLD
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
OKX XAU-USDT-SWAP
RISEx XAU/USDC
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
Deribit GOLD_USDC-PERPETUAL