Funding you earn now, next payment 09:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.013%
Price spread now: Bullet against edgeX+0.342%67s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bullet is 0.342% dearer against edgeX than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 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 | edgeX XAUUSDC | 4,294.8 | 0.0118 | pay 0.0059% / 4h | 3h 21m | $29.9M | $62.3M | 50x |
| Short | Bullet GOLD-USD | 4,309.5 | 0.0197 | get 0.0025% / 1h | 21m 51s | $58K | $77K | 10x |
edgeX XAUUSDC
Bullet GOLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against edgeX. 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
- $16.77
- Price spread: +0.342% → 0.000%
- $34.18
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $33.95
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 2 min ago; Bullet: 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 edgeX live order book, 2 min ago | 0.35 bp | 4.8 bp −$5 | 4.8 bp −$48 | 7.6 bp −$757 | 35.2 bp −$17.6K |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,313.5 | +0.435% | $92K | $6.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,305.5 | +0.250% | $273K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +1.295% | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,340.1 | +1.054% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,308.3 | +0.314% | $6.6M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,306 | +0.260% | $290.8M | $54.5M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,305.5 | +0.249% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,305.1 | +0.239% | $15.0M | $55.9M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,300.9 | +0.142% | $2.0M | $5.1M | 25x | as long as short |
| Aster XAUUSD1 | +0.0058% | 4h | 4,309.7 | +0.346% | $73.5M | $271.5M | 20x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
Vest GC-PERP
QFEX GOLD-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Ondo Perps XAU-USD.P
Coinbase International GOLD-PERP-INTX
Aster XAUUSD1Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAU-USD | +0.0058% | 1h | 4,302.9 | +0.188% | $3.8M | $4.5M | 40x | as long as short |
| Paradex XAU-USD-PERP | +0.0061% | 8h | 4,308.9 | +0.329% | $2K | $13K | 5x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,308.7 | +0.323% | $20.2M | $29.6M | 25x | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,298.2 | +0.079% | $42K | $86K | 25x | as long as short |
| Variational Omni XAU | +0.0095% | 4h | 4,295.8 | +0.023% | $46.6M | $29.4M | — | as long as short |
| Extended XAU-USD | +0.0096% | 1h | 4,306.5 | +0.272% | $12.9M | $36.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,305.2 | +0.243% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,297.8 | +0.069% | $273K | $219K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,311.2 | +0.382% | $19.8M | $40.5M | 25x | as long as short |
| Bybit XAUUSDT | +0.0111% | 4h | 4,311.3 | +0.384% | $78.0M | $160.8M | 150x | as long as short |
| MEXC XAU_USDT | +0.0112% | 4h | 4,310.4 | +0.363% | $360.1M | $346.8M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,307 | +0.284% | $160K | $87 | 10x | as long as short |
| Kalshi KXGOLDPERP | +0.0113% | 24h | 4,310.2 | +0.358% | $3.6M | $47.1M | 15x | as long as short |
| edgeX XAUUSDClong | +0.0118% | 4h | 4,294.8 | long leg | $29.9M | $62.3M | 50x | |
| Binance XAUUSDT | +0.0119% | 4h | 4,310.1 | +0.355% | $437.1M | $2.26B | 100x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,308.8 | +0.325% | $4.5M | $13.4M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0136% | 1h | 4,302.9 | +0.188% | $32K | — | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0142% | 4h | 4,299.3 | +0.104% | $1.4M | $3.1M | 25x | as long as short |
| Gate XAU_USDT | +0.0180% | 4h | 4,311.9 | +0.397% | $302.1M | $435.8M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0191% | 1h | 4,308.5 | +0.319% | $133K | $853K | 25x | as long as short |
| Bullet GOLD-USDshort | +0.0197% | 1h | 4,309.5 | +0.342% | $58K | $77K | 10x | |
| Bitget XAUUSDT | +0.0198% | 4h | 4,310.8 | +0.373% | $70.1M | $127.3M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0250% | 8h | 4,310.7 | +0.370% | $170.6M | $341.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,307.4 | +0.294% | $573K | $139K | 25x | as long as short |
| BloFin XAU-USDT | +0.0412% | 4h | 4,305.5 | +0.249% | $16.3M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0464% / S −0.0312% | 1h | 4,305.8 | +0.256% | $254K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0547% | 4h | 4,312.5 | +0.412% | $2.2M | $987K | 100x | as long as short |
| HTX XAU-USDT | +0.1185% | 4h | 4,313.5 | +0.435% | $3.2M | $6.8M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.2566% | 1h | 4,303.2 | +0.194% | $25K | $1K | 20x | as long as short |
StandX XAU-USD
Paradex XAU-USD-PERP
Lighter XAU
Phoenix GOLD
Variational Omni XAU
Extended XAU-USD
Pacifica XAU
ApeX Omni XAUUSDT
Lighter RH XAU
Bybit XAUUSDT
MEXC XAU_USDT
Aevo XAU-PERP
Kalshi KXGOLDPERP
Binance XAUUSDT
RISEx XAU/USDC
Hotstuff GOLD-PERP
GRVT XAU_USDT_Perp
Gate XAU_USDT
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP