XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0247%/8h= −27.0% APRnext payment −$0.31 per $10,000 · paid last 24h +0.187%

Price spread now: Bluefin against Bullet−0.160%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Bluefin

What this pair did over the last

the charts below follow

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

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bluefin is 0.160% cheaper against Bullet than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet GOLD-USD	4,323.4	0.0184	pay 0.0023% / 1h	17m 37s	$59K	$82K	10x
Short	Bluefin GOLD-PERP	4,316.5	−0.0062	pay 0.0008% / 1h	17m 37s	$25K	$1K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against Bullet. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulletbpFee BluefinbpOrdersPrice spread, now −0.160%Rate

Funding earned: −$51.82
Price spread: −0.160% → 0.000%: −$16
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$82.81
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; Bluefin: 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 Bullet no order-book sample	—	—	—	—	—
Sell Bluefin no order-book sample	—	—	—	—	—

Bullet and Bluefin: 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 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-PERPshort	−0.0062%	1h	4,316.5	−0.160%	$25K	$1K	20x
SunX XAU-USDT	0.0000%	4h	4,327.1	+0.086%	$92K	$7.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319.8	−0.084%	$270K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,319.3	−0.095%	$32K	—	25x	as long as short
Bybit XAUUSDT	+0.0022%	4h	4,325.6	+0.050%	$77.3M	$154.4M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.625%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.4	0.000%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,322	−0.033%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,355.1	+0.733%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,320.2	−0.074%	$291.6M	$51.3M	25x	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	4,320	−0.080%	$15.0M	$55.5M	25x	as long as short
Aster XAUUSD1	+0.0065%	4h	4,326.4	+0.070%	$72.5M	$274.4M	20x	as long as short
Lighter XAU	+0.0072%	1h	4,323.8	+0.010%	$20.3M	$30.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.1	−0.100%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0077%	8h	4,324.1	+0.015%	$2K	$14K	5x	as long as short
Kalshi KXGOLDPERP	+0.0079%	24h	4,324	+0.014%	$3.8M	$43.9M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0086%	4h	4,323.2	−0.004%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0093%	4h	4,322.6	−0.019%	$47.3M	$28.8M	—	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.2	−0.097%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320.7	−0.063%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,324.8	+0.031%	$368.0M	$332.2M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.8	−0.084%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,324.8	+0.032%	$423.4M	$2.14B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,322.5	−0.020%	$160K	$87	10x	as long as short
Lighter RH XAU	+0.0112%	1h	4,325.7	+0.053%	$19.9M	$39.1M	25x	as long as short
edgeX XAUUSDC	+0.0116%	4h	4,318.4	−0.116%	$30.0M	$59.7M	50x	as long as short
Gate XAU_USDT	+0.0118%	4h	4,326.1	+0.063%	$282.3M	$421.6M	100x	as long as short
Extended XAU-USD	+0.0120%	1h	4,319.7	−0.085%	$12.9M	$37.0M	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,320.6	−0.065%	$577K	$146K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,325.2	+0.040%	$4.1M	$12.8M	25x	as long as short
Bullet GOLD-USDlong	+0.0184%	1h	4,323.4	long leg	$59K	$82K	10x
Polymarket Perps GOLD-USD	+0.0214%	1h	4,323.2	−0.005%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0222%	4h	4,324.2	+0.019%	$67.6M	$118.3M	100x	as long as short
HTX XAU-USDT	+0.0268%	4h	4,327.7	+0.098%	$3.0M	$5.4M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0302%	8h	4,325.4	+0.046%	$172.7M	$299.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0306%	1h	4,322.3	−0.026%	$191K	$837K	25x	as long as short
Phemex XAUUSDT	+0.0327%	4h	4,325.6	+0.050%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0339%	4h	4,322.9	−0.012%	$16.2M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0461% / S −0.0307%	1h	4,323.6	+0.006%	$252K	—	111x	as long as short