Funding you earn now, next payment 02:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.020%
Price spread now: edgeX against Coinbase International−0.092%77s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as 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−$220.220% of the position
Funding, last 7 days−0.347%−$35 on $10k
+Price spread, last 4 days (all we have)−0.114%−$11 · spread now −0.092%, 7d avg −0.063%
=Together, before fees−0.460%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.029% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.063%). If the spread goes back, that is −$3 on $10k: about 2.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.347%, so the current rate has only just turned in your favour. The two prices were read 77 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 | Coinbase International GOLD-PERP-INTX | 4,347.5 | 0.0048 | pay 0.0006% / 1h | 8m 10s | $2.0M | $4.9M | 25x |
| Short | edgeX XAUUSDC | 4,343.5 | 0.0084 | get 0.0042% / 4h | 1h 08m | $30.2M | $58.4M | 50x |
Coinbase International GOLD-PERP-INTX
edgeX XAUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- $7.47
- Price spread: −0.092% → −0.063%
- −$2.89
- Slippage, 4 orders
- −$2.96
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$17.38
- Costs to cover
- 0.220%
- Break-even
- 23.3 days
Slippage from Coinbase International: live order book, 1 min ago; edgeX: 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 Coinbase International live order book, 1 min ago | 0.34 bp | 7.2 bp −$7 | 8.4 bp −$84 | 42.3 bp −$4,226 | doesn't fit |
| Sell edgeX live order book, 1 min ago | 0.23 bp | 4.7 bp −$5 | 4.8 bp −$48 | 7.7 bp −$769 | 33.5 bp −$16.7K |
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 | 4,352.4 | +0.113% | $264.4M | $416.7M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.9 | +0.171% | $93K | $9.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,346.7 | −0.019% | $267K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,350.4 | +0.067% | $3.4M | $12.4M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,347.3 | −0.005% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,346.6 | −0.021% | $13.4M | $38.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.067% | $619 | $54 | 52x | as long as short |
| Aster XAUUSD1 | +0.0040% | 4h | 4,350.8 | +0.076% | $70.9M | $334.1M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.1 | +0.060% | $3.8M | $4.6M | 40x | as long as short |
| Kalshi KXGOLDPERP | +0.0040% | 24h | 4,348.5 | +0.023% | $4.1M | $37.1M | 15x | as long as short |
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Hotstuff GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
Aster XAUUSD1
StandX XAU-USD
Kalshi KXGOLDPERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,383.5 | +0.828% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,350.1 | +0.060% | $5.7M | $2.0M | 20x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,349.1 | +0.036% | $20.6M | $42.6M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTXlong | +0.0048% | 1h | 4,347.5 | long leg | $2.0M | $4.9M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347.8 | +0.007% | $294.0M | $48.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,347.1 | −0.010% | $15.1M | $56.8M | 25x | as long as short |
| Variational Omni XAU | +0.0053% | 4h | 4,347.3 | −0.004% | $48.5M | $27.8M | — | as long as short |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,349.5 | +0.045% | $1.4M | $2.9M | 25x | as long as short |
| Lighter RH XAU | +0.0056% | 1h | 4,351 | +0.081% | $20.1M | $39.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0072% | 4h | 4,350.2 | +0.062% | $371.2M | $320.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0073% | 4h | 4,349.9 | +0.054% | $410.7M | $2.10B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0078% | 8h | 4,350.6 | +0.072% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDCshort | +0.0084% | 4h | 4,343.5 | −0.092% | $30.2M | $58.4M | 50x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0095% | 1h | 4,348.1 | +0.014% | $254K | $752K | 25x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,349.6 | +0.048% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,347 | −0.011% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,347.5 | −0.001% | $275K | $203K | 50x | as long as short |
| Polymarket Perps GOLD-USD | +0.0116% | 1h | 4,350.2 | +0.062% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,350.4 | +0.067% | $47K | $77K | 25x | as long as short |
| Phemex XAUUSDT | +0.0186% | 4h | 4,353.7 | +0.141% | $2.2M | $1.1M | 100x | as long as short |
| Bullet GOLD-USD | +0.0191% | 1h | 4,350.8 | +0.077% | $60K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0204% | 4h | 4,351.2 | +0.086% | $84.4M | $145.5M | 150x | as long as short |
| Bitget XAUUSDT | +0.0214% | 4h | 4,350.3 | +0.063% | $70.3M | $109.5M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0258% | 8h | 4,349.9 | +0.055% | $165.4M | $283.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,347.6 | +0.003% | $593K | $133K | 25x | as long as short |
| BloFin XAU-USDT | +0.0291% | 4h | 4,350.1 | +0.060% | $15.5M | $4.6M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0405% / S −0.0219% | 1h | 4,350.9 | +0.077% | $248K | — | 111x | as long as short |
| Bluefin GOLD-PERP | +0.0473% | 1h | 4,344.3 | −0.074% | $25K | $14K | 20x | as long as short |
| HTX XAU-USDT | +0.0585% | 4h | 4,356 | +0.196% | $2.9M | $4.2M | 75x | as long as short |
Vest GC-PERP
QFEX GOLD-USD
Lighter XAU
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Variational Omni XAU
GRVT XAU_USDT_Perp
Lighter RH XAU
MEXC XAU_USDT
Binance XAUUSDT
Paradex XAU-USD-PERP
Deribit GOLD_USDC-PERPETUAL
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Polymarket Perps GOLD-USD
Phoenix GOLD
Phemex XAUUSDT
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
HTX XAU-USDT