Funding you earn now, next payment 04:00 UTC+0.0101%/8h= +11.0% APRnext payment +$0.50 per $10,000 · paid last 24h +0.028%
Price spread now: edgeX against Gate−0.105%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.105%, 7d avg −0.133%
=Together, before fees+0.178%+ Points / potential airdropedgeX: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.028% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XAU_USDT | 4,350.9 | 0 | get 0.0000% / 4h | 21m 36s | $265.4M | $415.2M | 100x |
| Short | edgeX XAUUSDC | 4,346.3 | 0.0101 | get 0.0050% / 4h | 21m 36s | $30.2M | $58.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $21.15
- Price spread: −0.105% → −0.133%
- $2.78
- Slippage, 4 orders
- −$0.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$0.79
- Costs to cover
- 0.247%
- Break-even
- 7.3 days
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 3 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 Gate live order book, 2 min ago | 0.01 bp | 7.5 bp −$8 | 8.2 bp −$82 | 12.5 bp −$1,246 | 14.2 bp −$7,117 |
| Sell edgeX live order book, 3 min ago | 0.34 bp | 4.8 bp −$5 | 4.9 bp −$49 | 7.8 bp −$783 | 34.7 bp −$17.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,349.9 | −0.023% | $3.4M | $12.3M | 25x | as long as short |
| Gate XAU_USDTlong | 0.0000% | 4h | 4,350.9 | long leg | $265.4M | $415.2M | 100x | |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.6 | +0.086% | $93K | $8.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,346.5 | −0.102% | $271K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,347.2 | −0.085% | $33K | — | 25x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,348.9 | −0.045% | $20.8M | $38.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,346.2 | −0.108% | $13.2M | $38.4M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.011% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,351.1 | +0.005% | $20.1M | $39.3M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.7 | −0.004% | $3.8M | $4.5M | 40x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0041% | 1h | 4,349.4 | −0.034% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,383.4 | +0.747% | — | $1.0M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0047% | 24h | 4,349 | −0.043% | $4.2M | $37.3M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,348.3 | −0.060% | $2.0M | $4.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347.2 | −0.085% | $293.8M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,346.1 | −0.111% | $15.1M | $56.9M | 25x | as long as short |
| Aster XAUUSD1 | +0.0063% | 4h | 4,351.1 | +0.006% | $71.2M | $333.6M | 20x | as long as short |
| Variational Omni XAU | +0.0078% | 4h | 4,351 | +0.002% | $48.4M | $27.9M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0082% | 8h | 4,350 | −0.022% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0088% | 4h | 4,350.6 | −0.006% | $1.4M | $2.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0090% | 4h | 4,350 | −0.020% | $372.8M | $318.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0091% | 4h | 4,350 | −0.020% | $413.5M | $2.09B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,347.3 | −0.083% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,349.5 | −0.031% | $275K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,344.4 | −0.150% | $25K | $14K | 20x | as long as short |
| edgeX XAUUSDCshort | +0.0101% | 4h | 4,346.3 | −0.105% | $30.2M | $58.1M | 50x | |
| Aevo XAU-PERP | +0.0104% | 1h | 4,349.8 | −0.025% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,348.4 | −0.057% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0158% | 1h | 4,349.9 | −0.023% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0190% | 1h | 4,350.1 | −0.018% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,347.3 | −0.082% | $593K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0208% | 4h | 4,353.2 | +0.052% | $2.2M | $967K | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0233% | 1h | 4,349 | −0.043% | $206K | $822K | 25x | as long as short |
| Bitget XAUUSDT | +0.0234% | 4h | 4,350.6 | −0.007% | $70.0M | $109.4M | 100x | as long as short |
| Bybit XAUUSDT | +0.0244% | 4h | 4,351.4 | +0.011% | $85.3M | $144.8M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0293% | 8h | 4,351.2 | +0.007% | $165.6M | $282.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0333% | 4h | 4,350.9 | 0.000% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0416% / S −0.0235% | 1h | 4,350.3 | −0.013% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0624% | 4h | 4,356.2 | +0.122% | $2.9M | $4.3M | 75x | as long as short |
Gate XAU_USDT
edgeX XAUUSDC
RISEx XAU/USDC
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
Bybit XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT