Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.029%
Price spread now: GRVT against Aevo+0.123%71s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)−0.138%−$14 · spread now +0.123%, 7d avg +0.012%
=Together, before fees−0.197%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.111% dearer against Aevo than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAU-PERP | 4,360.9 | 0.0096 | pay 0.0012% / 1h | 47m 59s | $161K | $87 | 10x |
| Short | GRVT XAU_USDT_Perp | 4,366.3 | 0.0146 | get 0.0073% / 4h | 2h 47m | $1.4M | $3.1M | 25x |
Aevo XAU-PERP
GRVT XAU_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $10.5
- Price spread: +0.123% → +0.012%
- $11.13
- Slippage, 4 orders
- −$14.82
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$18.19
- Costs to cover
- 0.398%
- Break-even
- 19.1 days
Slippage from Aevo: live order book, 21 min ago; GRVT: live order book, 1 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 Aevo live order book, 21 min ago | 6.00 bp | 15.2 bp −$15 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.01 bp | 4.5 bp −$5 | 4.8 bp −$48 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0382% | 1h | 4,354.1 | −0.155% | $26K | $14K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0072% | 1h | 4,360.5 | −0.009% | $33K | — | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,360.6 | −0.007% | $68.3M | $269.4M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,361.7 | +0.019% | $263.7M | $404.4M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,359.6 | −0.030% | $4.1M | $36.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,367.7 | +0.157% | $93K | $9.8M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,357.5 | −0.078% | $269K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,355.9 | −0.114% | $13.5M | $43.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.240% | $619 | $54 | 52x | as long as short |
| Lighter XAU | +0.0040% | 1h | 4,360.5 | −0.010% | $20.7M | $43.4M | 25x | as long as short |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Lighter XAUShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAU | +0.0040% | 1h | 4,362.9 | +0.046% | $20.2M | $40.7M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,364.8 | +0.090% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,395.8 | +0.800% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,357.5 | −0.078% | $294.1M | $48.4M | 25x | as long as short |
| Variational Omni XAU | +0.0050% | 4h | 4,366.4 | +0.125% | $48.5M | $28.4M | — | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,360.9 | +0.001% | $14.9M | $57.6M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,363.4 | +0.057% | $5.6M | $1.9M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.0054% | 1h | 4,360.3 | −0.014% | $4.3M | $1.9M | 20x | as long as short |
| MEXC XAU_USDT | +0.0070% | 4h | 4,359.3 | −0.038% | $373.1M | $320.1M | 1000x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,359.4 | −0.034% | $2.0M | $5.0M | 25x | as long as short |
| Binance XAUUSDT | +0.0073% | 4h | 4,359.8 | −0.024% | $410.2M | $2.11B | 100x | as long as short |
| edgeX XAUUSDC | +0.0079% | 4h | 4,356.8 | −0.095% | $30.3M | $60.4M | 50x | as long as short |
| Paradex XAU-USD-PERP | +0.0086% | 8h | 4,363.9 | +0.068% | $19K | $5K | 5x | as long as short |
| Aevo XAU-PERPlong | +0.0096% | 1h | 4,360.9 | long leg | $161K | $87 | 10x | |
| Pacifica XAU | +0.0100% | 1h | 4,360.8 | −0.002% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,364 | +0.072% | $276K | $204K | 50x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0117% | 1h | 4,359.5 | −0.032% | $235K | $660K | 25x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,363.7 | +0.064% | $48K | $64K | 25x | as long as short |
| Bitget XAUUSDT | +0.0128% | 4h | 4,359.7 | −0.027% | $69.5M | $111.1M | 100x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,363.7 | +0.065% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perpshort | +0.0146% | 4h | 4,366.3 | +0.123% | $1.4M | $3.1M | 25x | |
| Bullet GOLD-USD | +0.0148% | 1h | 4,361.5 | +0.013% | $60K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0183% | 4h | 4,360.9 | −0.001% | $84.3M | $145.2M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0219% | 8h | 4,361.1 | +0.005% | $164.7M | $286.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,358.5 | −0.055% | $594K | $141K | 25x | as long as short |
| BloFin XAU-USDT | +0.0286% | 4h | 4,364.8 | +0.090% | $15.5M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0330% | 4h | 4,364.7 | +0.087% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0391% / S −0.0197% | 1h | 4,361.5 | +0.013% | $252K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0528% | 4h | 4,366.9 | +0.139% | $2.9M | $3.9M | 75x | as long as short |
Lighter RH XAU
StandX XAU-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Variational Omni XAU
Ondo Perps XAU-USD.P
QFEX GOLD-USD
Polymarket Perps GOLD-USD
MEXC XAU_USDT
Coinbase International GOLD-PERP-INTX
Binance XAUUSDT
edgeX XAUUSDC
Paradex XAU-USD-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Phoenix GOLD
Bitget XAUUSDT
RISEx XAU/USDC
Bullet GOLD-USD
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT