Funding you earn now, next payment 11:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h +0.040%
Price spread now: Deribit against edgeX+0.105%75s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$220.217% of the position
Funding, last 4 days (all we have)+0.683%+$68 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.105%, 7d avg +0.049%
=Together, before fees+0.726%+ Points / potential airdropedgeX: Active · farm board+$73 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.056% dearer against edgeX than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.049%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 4 days funding on this pair paid +0.683%, so the current rate has only just turned against you. The two prices were read 75 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 | 4,333.8 | 0.0115 | pay 0.0058% / 4h | 1h 51m | $30.3M | $67.1M | 50x |
| Short | Deribit GOLD_USDC-PERPETUAL | 4,338.3 | 0.0027 | get 0.0003% / 1h | 51m 52s | $135K | $707K | 25x |
edgeX XAUUSDC
Deribit GOLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$18.58
- Price spread: +0.105% → +0.049%
- $5.63
- Slippage, 4 orders
- −$5.67
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$34.62
- Costs to cover
- 0.217%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; Deribit: live order book, 60 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 edgeX live order book, 5 min ago | 0.23 bp | 4.7 bp −$5 | 4.8 bp −$48 | 8.0 bp −$800 | 37.8 bp −$18.9K |
| Sell Deribit live order book, 60 min ago | 0.12 bp | 8.0 bp −$8 | 9.8 bp −$98 | doesn't fit | doesn't fit |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −3.0304% | 1h | 4,318.3 | −0.357% | $32K | — | 25x | as long as short |
| Bluefin GOLD-PERP | −0.0058% | 1h | 4,332.6 | −0.028% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,343.9 | +0.234% | $92K | $6.0M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | 0.0000% | 1h | 4,333.3 | −0.011% | $2.1M | $5.3M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,334.1 | +0.007% | $274K | — | 250x | as long as short |
| Deribit GOLD_USDC-PERPETUALshort | +0.0027% | 1h | 4,338.3 | +0.105% | $135K | $707K | 25x | |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.384% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,341.5 | +0.179% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,337.6 | +0.089% | $6.7M | $3.2M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,373.1 | +0.908% | — | $1.0M | 25x | as long as short |
Hotstuff GOLD-PERP
Bluefin GOLD-PERP
SunX XAU-USDT
Coinbase International GOLD-PERP-INTX
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERPShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,336.3 | +0.059% | $292.7M | $51.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,334.6 | +0.020% | $15.1M | $59.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0055% | 8h | 4,338.1 | +0.100% | $2K | $13K | 5x | as long as short |
| Polymarket Perps GOLD-USD | +0.0061% | 1h | 4,338 | +0.098% | $4.3M | $1.7M | 20x | as long as short |
| Aster XAUUSD1 | +0.0066% | 4h | 4,340.3 | +0.151% | $72.6M | $276.0M | 20x | as long as short |
| Variational Omni XAU | +0.0087% | 4h | 4,337.4 | +0.084% | $47.3M | $29.2M | — | as long as short |
| Gate XAU_USDT | +0.0094% | 4h | 4,340.2 | +0.148% | $300.4M | $442.0M | 100x | as long as short |
| Lighter XAU | +0.0096% | 1h | 4,339.8 | +0.139% | $20.2M | $30.3M | 25x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,342 | +0.189% | $19.6M | $39.8M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,334.8 | +0.025% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,337.3 | +0.081% | $285K | $223K | 50x | as long as short |
| Binance XAUUSDT | +0.0101% | 4h | 4,338.9 | +0.120% | $443.9M | $2.43B | 100x | as long as short |
| MEXC XAU_USDT | +0.0102% | 4h | 4,338.8 | +0.116% | $367.7M | $351.7M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,338.9 | +0.118% | $161K | $87 | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0106% | 4h | 4,340.9 | +0.164% | $1.4M | $3.1M | 25x | as long as short |
| edgeX XAUUSDClong | +0.0115% | 4h | 4,333.8 | long leg | $30.3M | $67.1M | 50x | |
| Phoenix GOLD | +0.0127% | 1h | 4,334.6 | +0.019% | $43K | $71K | 25x | as long as short |
| Bybit XAUUSDT | +0.0128% | 4h | 4,340.1 | +0.146% | $82.6M | $173.2M | 150x | as long as short |
| Extended XAU-USD | +0.0128% | 1h | 4,335.7 | +0.046% | $12.5M | $34.5M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0136% | 24h | 4,341 | +0.167% | $3.5M | $51.0M | 15x | as long as short |
| Bullet GOLD-USD | +0.0179% | 1h | 4,340.3 | +0.151% | $59K | $76K | 10x | as long as short |
| RISEx XAU/USDC | +0.0205% | 1h | 4,338.9 | +0.119% | $4.7M | $13.3M | 25x | as long as short |
| Phemex XAUUSDT | +0.0210% | 4h | 4,342.2 | +0.195% | $2.3M | $784K | 100x | as long as short |
| Bitget XAUUSDT | +0.0216% | 4h | 4,339.1 | +0.124% | $73.0M | $139.5M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0240% | 8h | 4,339.7 | +0.137% | $170.5M | $361.2M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0253% | 1h | 4,336.7 | +0.067% | $584K | $167K | 25x | as long as short |
| BloFin XAU-USDT | +0.0345% | 4h | 4,338.2 | +0.103% | $16.3M | $5.3M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0461% / S −0.0308% | 1h | 4,340.3 | +0.152% | $254K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1095% | 4h | 4,344.7 | +0.253% | $3.2M | $7.1M | 75x | as long as short |
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Paradex XAU-USD-PERP
Polymarket Perps GOLD-USD
Aster XAUUSD1
Variational Omni XAU
Gate XAU_USDT
Lighter XAU
Lighter RH XAU
Pacifica XAU
ApeX Omni XAUUSDT
Binance XAUUSDT
MEXC XAU_USDT
Aevo XAU-PERP
GRVT XAU_USDT_Perp
Phoenix GOLD
Bybit XAUUSDT
Extended XAU-USD
Kalshi KXGOLDPERP
Bullet GOLD-USD
RISEx XAU/USDC
Phemex XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT