Funding you earn now, next payment 12:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h +0.031%
Price spread now: Bitget against GRVT+0.029%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.029%, 7d avg −0.001%
=Together, before fees+0.038%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.030% dearer against GRVT than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.001%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XAU_USDT_Perp | 4,309.5 | 0.0250 | pay 0.0125% / 4h | 3h 53m | $1.4M | $3.0M | 25x |
| Short | Bitget XAUUSDT | 4,310.7 | 0.0196 | get 0.0098% / 4h | 3h 53m | $71.1M | $123.5M | 100x |
GRVT XAU_USDT_Perp
Bitget XAUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- −$11.34
- Price spread: +0.029% → −0.001%
- $2.99
- Slippage, 4 orders
- −$1.81
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.15
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; Bitget: 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 GRVT live order book, 6 min ago | 0.01 bp | 4.5 bp −$5 | 5.0 bp −$50 | 4609.7 bp −$461.0K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.01 bp | 6.0 bp −$6 | 6.8 bp −$68 | 12.4 bp −$1,241 | doesn't fit |
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 | 4,314.5 | +0.117% | $92K | $6.9M | 20x | as long as short |
| Phemex XAUUSDT | 0.0000% | 4h | 4,311.8 | +0.054% | $2.2M | $951K | 100x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,305.6 | −0.089% | $268K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.950% | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,341.7 | +0.748% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,309.6 | +0.003% | $6.6M | $3.2M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,306.4 | −0.071% | $291.2M | $54.3M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,306.4 | −0.071% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,306.6 | −0.067% | $15.0M | $55.7M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,305.8 | −0.085% | $2.0M | $5.0M | 25x | as long as short |
SunX XAU-USDT
Phemex XAUUSDT
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-INTXShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0063% | 8h | 4,310.6 | +0.025% | $2K | $14K | 5x | as long as short |
| Aster XAUUSD1 | +0.0066% | 4h | 4,312.2 | +0.064% | $73.2M | $272.1M | 20x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,309.7 | +0.005% | $20.3M | $28.5M | 25x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,312 | +0.060% | $19.8M | $39.2M | 25x | as long as short |
| Extended XAU-USD | +0.0080% | 1h | 4,306.5 | −0.068% | $13.1M | $36.0M | 25x | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,301.8 | −0.178% | $42K | $86K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,306.7 | −0.063% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,305.3 | −0.097% | $269K | $214K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,305.1 | −0.101% | $25K | $1K | 20x | as long as short |
| Kalshi KXGOLDPERP | +0.0103% | 24h | 4,312.6 | +0.073% | $3.7M | $46.0M | 15x | as long as short |
| Variational Omni XAU | +0.0107% | 4h | 4,305.7 | −0.088% | $46.7M | $29.3M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,310.2 | +0.016% | $160K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0116% | 4h | 4,310.8 | +0.030% | $361.1M | $331.9M | 1000x | as long as short |
| Binance XAUUSDT | +0.0119% | 4h | 4,310.8 | +0.031% | $436.5M | $2.20B | 100x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,310.8 | +0.031% | $4.4M | $13.1M | 25x | as long as short |
| edgeX XAUUSDC | +0.0131% | 4h | 4,304.8 | −0.108% | $30.0M | $61.3M | 50x | as long as short |
| StandX XAU-USD | +0.0180% | 1h | 4,310.7 | +0.029% | $3.8M | $4.5M | 40x | as long as short |
| Hotstuff GOLD-PERP | +0.0184% | 1h | 4,305.5 | −0.092% | $32K | — | 25x | as long as short |
| Bitget XAUUSDTshort | +0.0196% | 4h | 4,310.7 | +0.029% | $71.1M | $123.5M | 100x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0214% | 1h | 4,309 | −0.011% | $134K | $874K | 25x | as long as short |
| Bybit XAUUSDT | +0.0221% | 4h | 4,311.6 | +0.051% | $77.1M | $157.1M | 150x | as long as short |
| Bullet GOLD-USD | +0.0227% | 1h | 4,310.8 | +0.031% | $59K | $81K | 10x | as long as short |
| GRVT XAU_USDT_Perplong | +0.0250% | 4h | 4,309.5 | long leg | $1.4M | $3.0M | 25x | |
| OKX XAU-USDT-SWAP | +0.0255% | 8h | 4,311.3 | +0.043% | $170.6M | $325.3M | 100x | as long as short |
| Gate XAU_USDT | +0.0270% | 4h | 4,312.9 | +0.080% | $296.2M | $419.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,307.9 | −0.036% | $573K | $138K | 25x | as long as short |
| BloFin XAU-USDT | +0.0429% | 4h | 4,310.7 | +0.030% | $16.4M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0466% / S −0.0313% | 1h | 4,310.4 | +0.021% | $255K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1308% | 4h | 4,316.9 | +0.172% | $3.2M | $6.2M | 75x | as long as short |
Paradex XAU-USD-PERP
Aster XAUUSD1
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Kalshi KXGOLDPERP
Variational Omni XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
RISEx XAU/USDC
edgeX XAUUSDC
StandX XAU-USD
Hotstuff GOLD-PERP
Deribit GOLD_USDC-PERPETUAL
Bybit XAUUSDT
Bullet GOLD-USD
OKX XAU-USDT-SWAP
Gate XAU_USDT
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT