Funding you earn now, next payment 09:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h −0.030%
Price spread now: Deribit against BloFin−0.088%57s7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.241% of the position
Funding, last 4 days (all we have)+0.404%+$40 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.088%, 7d avg −0.113%
=The price spread pays, funding is against you. Deribit is 0.025% dearer against BloFin than usual: you sell high and buy low (spread −0.088% now, against its 7-day average of −0.113%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 4 days funding on this pair paid +0.404%, so the current rate has only just turned against you. The two prices were read 57 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 | BloFin XAU-USDT | 4,309 | 0.0401 | pay 0.0201% / 4h | 3h 43m | $16.2M | $5.0M | 100x |
| Short | Deribit GOLD_USDC-PERPETUAL | 4,305.2 | 0.0168 | get 0.0021% / 1h | 43m 26s | $134K | $881K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$48.97
- Price spread: −0.088% → −0.113%
- $2.49
- Slippage, 4 orders
- −$5.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$70.54
- Costs to cover
- 0.241%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Deribit: live order book, 55 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, 5 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.2 bp −$723 | doesn't fit |
| Sell Deribit live order book, 55 min ago | 0.12 bp | 8.4 bp −$8 | 9.4 bp −$94 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,310.9 | +0.043% | $92K | $6.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,302.1 | −0.162% | $268K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,308.7 | −0.007% | $32K | — | 25x | as long as short |
| Bybit XAUUSDT | +0.0027% | 4h | 4,307.1 | −0.044% | $76.9M | $157.5M | 150x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.961% | $619 | $54 | 52x | as long as short |
| Extended XAU-USD | +0.0040% | 1h | 4,302.5 | −0.152% | $13.0M | $36.2M | 25x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,338.4 | +0.682% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,305.8 | −0.074% | $6.6M | $3.2M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,302.9 | −0.142% | $290.8M | $54.5M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,303.3 | −0.133% | $4.3M | $1.8M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,302.8 | −0.144% | $15.0M | $55.7M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,307.5 | −0.035% | $2.0M | $5.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0061% | 8h | 4,305.6 | −0.080% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0061% | 4h | 4,307.8 | −0.027% | $73.3M | $271.9M | 20x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,305.3 | −0.087% | $20.3M | $28.7M | 25x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,307.8 | −0.028% | $19.8M | $39.7M | 25x | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,305.5 | −0.081% | $42K | $86K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,302.4 | −0.152% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,305.9 | −0.072% | $276K | $218K | 50x | as long as short |
| StandX XAU-USD | +0.0104% | 1h | 4,309.6 | +0.014% | $3.8M | $4.5M | 40x | as long as short |
| Variational Omni XAU | +0.0106% | 4h | 4,313.8 | +0.112% | $46.8M | $29.1M | — | as long as short |
| Kalshi KXGOLDPERP | +0.0106% | 24h | 4,310.9 | +0.044% | $3.7M | $46.3M | 15x | as long as short |
| Binance XAUUSDT | +0.0110% | 4h | 4,306.4 | −0.061% | $433.7M | $2.22B | 100x | as long as short |
| Gate XAU_USDT | +0.0112% | 4h | 4,308.5 | −0.011% | $295.0M | $424.0M | 100x | as long as short |
| MEXC XAU_USDT | +0.0112% | 4h | 4,305.9 | −0.073% | $359.9M | $335.1M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,306.8 | −0.052% | $159K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0118% | 4h | 4,309.9 | +0.022% | $30.0M | $62.1M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0120% | 4h | 4,309.7 | +0.017% | $1.4M | $3.1M | 25x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,306.6 | −0.057% | $4.4M | $13.1M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUALshort | +0.0168% | 1h | 4,305.2 | −0.088% | $134K | $881K | 25x | |
| Bitget XAUUSDT | +0.0190% | 4h | 4,306.5 | −0.058% | $70.2M | $123.9M | 100x | as long as short |
| Bullet GOLD-USD | +0.0203% | 1h | 4,310 | +0.023% | $58K | $81K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0250% | 8h | 4,307.2 | −0.042% | $170.2M | $327.7M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,304 | −0.115% | $572K | $138K | 25x | as long as short |
| BloFin XAU-USDTlong | +0.0401% | 4h | 4,309 | long leg | $16.2M | $5.0M | 100x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0466% / S −0.0314% | 1h | 4,306 | −0.070% | $255K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0699% | 4h | 4,309.8 | +0.018% | $2.2M | $951K | 100x | as long as short |
| HTX XAU-USDT | +0.1153% | 4h | 4,314.9 | +0.137% | $3.2M | $6.2M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.2125% | 1h | 4,345.6 | +0.848% | $25K | $1K | 20x | as long as short |
BloFin XAU-USDT
Deribit GOLD_USDC-PERPETUAL
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Injective XAU/USDC PERP
Extended XAU-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Aster XAUUSD1
Lighter XAU
Lighter RH XAU
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
StandX XAU-USD
Variational Omni XAU
Kalshi KXGOLDPERP
Binance XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
edgeX XAUUSDC
GRVT XAU_USDT_Perp
RISEx XAU/USDC
Bitget XAUUSDT
Bullet GOLD-USD
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP