Funding you earn now, next payment 03:00 UTC−0.0281%/8h= −30.8% APRpaid last 24h −0.088%
Price spread now: Coinbase International against BloFin−0.075%58s7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as 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−$240.237% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.075%, 7d avg −0.106%
=The price spread pays, funding is against you. Coinbase International is 0.031% dearer against BloFin than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.106%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% 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 | BloFin XAU-USDT | 4,349.5 | 0.0329 | pay 0.0165% / 4h | 15m 21s | $15.6M | $4.5M | 100x |
| Short | Coinbase International GOLD-PERP-INTX | 4,346.2 | 0.0048 | get 0.0006% / 1h | 15m 21s | $2.0M | $4.8M | 25x |
BloFin XAU-USDT
Coinbase International GOLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$59.02
- Price spread: −0.075% → −0.106%
- $3.08
- Slippage, 4 orders
- −$1.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$79.65
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Coinbase International: live order book, 4 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 BloFin live order book, 4 min ago | 0.15 bp | 6.1 bp −$6 | 6.2 bp −$62 | 7.7 bp −$771 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 0.46 bp | 5.5 bp −$6 | 7.6 bp −$76 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,346 | −0.081% | $3.4M | $12.2M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,347.7 | −0.041% | $265.2M | $416.4M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.4 | +0.114% | $93K | $8.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,342.8 | −0.154% | $272K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,343.8 | −0.131% | $33K | — | 25x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,345.6 | −0.090% | $20.8M | $38.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,342.3 | −0.164% | $13.2M | $38.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.022% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,346.7 | −0.063% | $20.1M | $39.3M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.7 | +0.028% | $3.8M | $4.5M | 40x | as long as short |
RISEx XAU/USDC
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0041% | 1h | 4,345.7 | −0.087% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,380.1 | +0.704% | — | $1.0M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0048% | 24h | 4,347.8 | −0.039% | $4.2M | $37.3M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | +0.0048% | 1h | 4,346.2 | −0.075% | $2.0M | $4.8M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344 | −0.126% | $293.7M | $48.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,342.6 | −0.158% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0060% | 4h | 4,347.2 | −0.052% | $71.2M | $333.2M | 20x | as long as short |
| Variational Omni XAU | +0.0075% | 4h | 4,349.4 | −0.001% | $48.4M | $28.0M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,346.3 | −0.073% | $19K | $5K | 5x | as long as short |
| MEXC XAU_USDT | +0.0088% | 4h | 4,346.5 | −0.069% | $371.5M | $319.1M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0088% | 4h | 4,350.2 | +0.016% | $1.4M | $2.9M | 25x | as long as short |
| Binance XAUUSDT | +0.0089% | 4h | 4,346.6 | −0.066% | $413.4M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,342.5 | −0.160% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,348.6 | −0.020% | $275K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,340.3 | −0.211% | $25K | $14K | 20x | as long as short |
| edgeX XAUUSDC | +0.0103% | 4h | 4,345.6 | −0.089% | $30.2M | $58.2M | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,345.7 | −0.088% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,349 | −0.011% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0158% | 1h | 4,346.5 | −0.069% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0185% | 1h | 4,346.5 | −0.069% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,347.1 | −0.055% | $593K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0218% | 4h | 4,351.7 | +0.050% | $2.2M | $967K | 100x | as long as short |
| Bitget XAUUSDT | +0.0230% | 4h | 4,347 | −0.056% | $70.0M | $109.4M | 100x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,347.7 | −0.040% | $85.1M | $145.5M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0295% | 8h | 4,347.9 | −0.036% | $165.4M | $282.4M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0302% | 1h | 4,349.1 | −0.009% | $206K | $824K | 25x | as long as short |
| BloFin XAU-USDTlong | +0.0329% | 4h | 4,349.5 | long leg | $15.6M | $4.5M | 100x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0417% / S −0.0237% | 1h | 4,346.5 | −0.069% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0623% | 4h | 4,352.1 | +0.060% | $2.9M | $4.5M | 75x | as long as short |
QFEX GOLD-USD
Vest GC-PERP
Kalshi KXGOLDPERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
edgeX XAUUSDC
Aevo XAU-PERP
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Bitget XAUUSDT
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Deribit GOLD_USDC-PERPETUAL
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT