XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0330%/8h= −36.1% APRnext payment −$0.41 per $10,000 · paid last 24h −0.063%

Price spread now: Vest against Deribit+0.761%7-day average +0.966% · you sell dearer than you buy

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

Long on Deribit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.734%−$73 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now +0.761%, 7d avg +0.966%

Together, before fees−0.601%+ Points / potential airdropVest: Active · farm board−$60 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Vest is 0.205% cheaper against Deribit than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.966%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOLD_USDC-PERPETUAL	4,321.3	0.0375	pay 0.0047% / 1h	28m 42s	$192K	$835K	25x
Short	Vest GC-PERP	4,354.2	0.0046	get 0.0006% / 1h	28m 42s	—	$1.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 DeribitbpFee VestbpOrdersPrice spread, now +0.761%Rate

Funding earned: −$69.2
Price spread: +0.761% → +0.966%: −$20.49
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$98.69
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 15 min ago; Vest: 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 Deribit live order book, 15 min ago	0.12 bp	3.6 bp −$4	4.6 bp −$46	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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-PERP	−0.0090%	1h	4,316.5	−0.112%	$25K	$11K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,326.1	+0.110%	$92K	$7.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319.8	−0.035%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0009%	4h	4,324.6	+0.075%	$77.4M	$155.1M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.674%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,322.5	+0.028%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,321.5	+0.005%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERPshort	+0.0046%	1h	4,354.2	+0.761%	—	$1.0M	25x
tradeXYZ xyz:GOLD	+0.0050%	1h	4,320.3	−0.023%	$291.5M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,317.9	−0.078%	$15.0M	$55.5M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAU-USD	+0.0056%	1h	4,320	−0.030%	$12.9M	$36.9M	25x	as long as short
Lighter XAU	+0.0064%	1h	4,323.7	+0.056%	$20.3M	$30.5M	25x	as long as short
Hotstuff GOLD-PERP	+0.0064%	1h	4,318.9	−0.056%	$32K	—	25x	as long as short
Aster XAUUSD1	+0.0067%	4h	4,324.4	+0.071%	$72.5M	$277.6M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,317.9	−0.079%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0074%	8h	4,321.1	−0.005%	$2K	$13K	5x	as long as short
Kalshi KXGOLDPERP	+0.0076%	24h	4,324.2	+0.067%	$3.8M	$43.7M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0080%	4h	4,323	+0.040%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0090%	4h	4,322.5	+0.028%	$47.4M	$28.8M	—	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,324.2	+0.068%	$362.3M	$330.7M	1000x	as long as short
Binance XAUUSDT	+0.0097%	4h	4,324.6	+0.076%	$416.5M	$2.13B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.8	−0.035%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,318.5	−0.065%	$1.4M	$1.2M	10x	as long as short
Gate XAU_USDT	+0.0100%	4h	4,326.3	+0.115%	$280.9M	$417.1M	100x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.9	−0.033%	$272K	$208K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,319.5	−0.042%	$30.0M	$61.3M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,321.3	+0.001%	$160K	$87	10x	as long as short
Lighter RH XAU	+0.0112%	1h	4,326.5	+0.120%	$19.8M	$38.7M	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,319.4	−0.044%	$584K	$135K	25x	as long as short
Bullet GOLD-USD	+0.0177%	1h	4,322.2	+0.021%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,324.5	+0.073%	$4.2M	$12.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0208%	1h	4,321.8	+0.012%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0224%	4h	4,323.8	+0.058%	$67.8M	$118.4M	100x	as long as short
HTX XAU-USDT	+0.0241%	4h	4,326.3	+0.115%	$2.8M	$4.9M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0305%	8h	4,323.8	+0.058%	$171.6M	$298.2M	100x	as long as short
BloFin XAU-USDT	+0.0336%	4h	4,322.5	+0.027%	$16.1M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0342%	4h	4,324.6	+0.076%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUALlong	+0.0375%	1h	4,321.3	long leg	$192K	$835K	25x
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,323.3	+0.046%	$252K	—	111x	as long as short