Funding you earn now, next payment 03:00 UTC−0.0261%/8h= −28.6% APRpaid last 24h −0.097%
Price spread now: Extended against BloFin−0.100%94s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as 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−$180.178% of the position
Funding, last 7 days−0.438%−$44 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now −0.100%, 7d avg −0.067%
=Together, before fees−0.585%+ Points / potential airdropExtended: Active · farm board−$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.033% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.067%). Swap the legs. The two prices were read 94 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 | 4,348.1 | 0.0293 | pay 0.0147% / 4h | 1h 05m | $15.5M | $4.6M | 100x |
| Short | Extended XAU-USD | 4,343.8 | 0.0032 | get 0.0004% / 1h | 5m 34s | $13.4M | $38.7M | 25x |
BloFin XAU-USDT
Extended XAU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$54.89
- Price spread: −0.100% → −0.067%
- −$3.28
- Slippage, 4 orders
- −$0.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$75.92
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Extended: 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, 3 min ago | 0.26 bp | 6.3 bp −$6 | 6.7 bp −$67 | 8.0 bp −$803 | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.12 bp | 2.6 bp −$3 | 4.3 bp −$43 | 8.9 bp −$887 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XAU_USDT | 0.0000% | 4h | 4,349.7 | +0.035% | $264.3M | $417.2M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,351.7 | +0.082% | $92K | $9.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,342.7 | −0.124% | $266K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,347.1 | −0.023% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USDshort | +0.0032% | 1h | 4,343.8 | −0.100% | $13.4M | $38.7M | 25x | |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.052% | $619 | $54 | 52x | as long as short |
| Aster XAUUSD1 | +0.0040% | 4h | 4,348.3 | +0.003% | $70.8M | $334.0M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,348.4 | +0.006% | $3.8M | $4.6M | 40x | as long as short |
| Kalshi KXGOLDPERP | +0.0041% | 24h | 4,345.6 | −0.058% | $4.1M | $37.1M | 15x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,380.3 | +0.740% | — | $1.0M | 25x | as long as short |
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Injective XAU/USDC PERP
Aster XAUUSD1
StandX XAU-USD
Kalshi KXGOLDPERP
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0046% | 1h | 4,347.3 | −0.019% | $5.7M | $2.0M | 20x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,346.7 | −0.033% | $20.6M | $42.6M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.9 | −0.098% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.7 | −0.079% | $293.8M | $48.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,344 | −0.095% | $15.1M | $56.8M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,350.1 | +0.045% | $1.4M | $2.9M | 25x | as long as short |
| Lighter RH XAU | +0.0056% | 1h | 4,348.8 | +0.015% | $20.1M | $39.9M | 25x | as long as short |
| Variational Omni XAU | +0.0057% | 4h | 4,346 | −0.048% | $48.5M | $27.7M | — | as long as short |
| Hotstuff GOLD-PERP | +0.0064% | 1h | 4,344 | −0.095% | $33K | — | 25x | as long as short |
| MEXC XAU_USDT | +0.0074% | 4h | 4,347.8 | −0.009% | $370.9M | $320.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0074% | 4h | 4,347.7 | −0.010% | $410.5M | $2.10B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0078% | 8h | 4,347.6 | −0.013% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0085% | 4h | 4,343.7 | −0.102% | $30.2M | $58.5M | 50x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,345.9 | −0.052% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,344 | −0.095% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,347 | −0.026% | $275K | $203K | 50x | as long as short |
| Polymarket Perps GOLD-USD | +0.0116% | 1h | 4,346.8 | −0.031% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,348.6 | +0.011% | $47K | $77K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0187% | 1h | 4,345.1 | −0.070% | $253K | $752K | 25x | as long as short |
| Bullet GOLD-USD | +0.0192% | 1h | 4,347.1 | −0.025% | $60K | $83K | 10x | as long as short |
| Phemex XAUUSDT | +0.0199% | 4h | 4,350.6 | +0.056% | $2.2M | $1.1M | 100x | as long as short |
| Bybit XAUUSDT | +0.0208% | 4h | 4,348.8 | +0.015% | $84.4M | $145.4M | 150x | as long as short |
| Bitget XAUUSDT | +0.0216% | 4h | 4,347.9 | −0.005% | $70.2M | $109.3M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0260% | 8h | 4,349 | +0.020% | $165.3M | $283.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,344.1 | −0.093% | $593K | $133K | 25x | as long as short |
| BloFin XAU-USDTlong | +0.0293% | 4h | 4,348.1 | long leg | $15.5M | $4.6M | 100x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0405% / S −0.0220% | 1h | 4,346.9 | −0.029% | $248K | — | 111x | as long as short |
| Bluefin GOLD-PERP | +0.0426% | 1h | 4,342.3 | −0.134% | $25K | $14K | 20x | as long as short |
| HTX XAU-USDT | +0.0588% | 4h | 4,353.1 | +0.114% | $2.9M | $4.2M | 75x | as long as short |
QFEX GOLD-USD
Lighter XAU
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
GRVT XAU_USDT_Perp
Lighter RH XAU
Variational Omni XAU
Hotstuff GOLD-PERP
MEXC XAU_USDT
Binance XAUUSDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Polymarket Perps GOLD-USD
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Phemex XAUUSDT
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
HTX XAU-USDT