Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h +0.108%
Price spread now: BloFin against GRVT+0.141%462s7-day average +0.009% · 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—prices read too far apart to compare
costs, in and out, $10k−$210.212% of the position
Funding, last 7 days+0.369%+$37 on $10k
+Price spread, last 3 days (all we have)−0.113%−$11 · spread now +0.141%, 7d avg +0.009%
=Together, before fees+0.257%+ Points / potential airdropGRVT: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.132% dearer against GRVT than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 462 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 | GRVT XAU_USDT_Perp | 4,358.7 | 0.0138 | pay 0.0069% / 4h | 2h 40m | $1.4M | $3.0M | 25x |
| Short | BloFin XAU-USDT | 4,364.8 | 0.0286 | get 0.0143% / 4h | 2h 40m | $15.5M | $4.6M | 100x |
GRVT XAU_USDT_Perp
BloFin XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $31.06
- Price spread: +0.141% → +0.009%
- $13.19
- Slippage, 4 orders
- −$0.25
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $23.01
- Costs to cover
- 0.212%
- Break-even
- 1.8 days
Slippage from GRVT: live order book, 3 min ago; BloFin: live order book, 8 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, 3 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 5.9 bp −$592 | doesn't fit |
| Sell BloFin live order book, 8 min ago | 0.01 bp | 6.0 bp −$6 | 6.1 bp −$61 | 7.7 bp −$767 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0318% | 1h | 4,348.4 | −0.236% | $25K | $14K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0104% | 1h | 4,352 | −0.153% | $33K | — | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,357.4 | −0.029% | $69.7M | $282.3M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,358.7 | +0.001% | $263.2M | $406.9M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,353.1 | −0.128% | $4.1M | $36.5M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,361.1 | +0.056% | $93K | $9.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,352.5 | −0.142% | $269K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,353.3 | −0.123% | $13.6M | $43.1M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.189% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,358.2 | −0.011% | $3.8M | $4.7M | 40x | as long as short |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,389.1 | +0.698% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,356.9 | −0.041% | $20.7M | $43.5M | 25x | as long as short |
| Lighter RH XAU | +0.0048% | 1h | 4,358.8 | +0.002% | $20.1M | $40.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,354.2 | −0.102% | $293.8M | $48.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,352.8 | −0.135% | $15.0M | $57.5M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,354.6 | −0.093% | $5.6M | $1.9M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.0060% | 1h | 4,354.8 | −0.089% | $4.3M | $1.9M | 20x | as long as short |
| Variational Omni XAU | +0.0061% | 4h | 4,355.7 | −0.068% | $48.3M | $28.4M | — | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,350.6 | −0.185% | $2.0M | $5.0M | 25x | as long as short |
| MEXC XAU_USDT | +0.0080% | 4h | 4,357.2 | −0.034% | $372.4M | $321.4M | 1000x | as long as short |
| Binance XAUUSDT | +0.0082% | 4h | 4,357.9 | −0.018% | $410.4M | $2.11B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,355 | −0.084% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0098% | 4h | 4,351.9 | −0.155% | $30.3M | $60.4M | 50x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,353.7 | −0.114% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,353.3 | −0.122% | $275K | $204K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,355.8 | −0.065% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,354.7 | −0.091% | $48K | $64K | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,355.2 | −0.080% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perplong | +0.0138% | 4h | 4,358.7 | long leg | $1.4M | $3.0M | 25x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0140% | 1h | 4,355.2 | −0.079% | $234K | $661K | 25x | as long as short |
| Bitget XAUUSDT | +0.0144% | 4h | 4,357.3 | −0.032% | $69.3M | $109.8M | 100x | as long as short |
| Bullet GOLD-USD | +0.0156% | 1h | 4,355.5 | −0.072% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0183% | 4h | 4,359.2 | +0.011% | $84.2M | $143.5M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0224% | 8h | 4,359.9 | +0.028% | $164.9M | $284.9M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,353.1 | −0.127% | $594K | $141K | 25x | as long as short |
| BloFin XAU-USDTshort | +0.0286% | 4h | 4,364.8 | +0.141% | $15.5M | $4.6M | 100x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,355.5 | −0.072% | $253K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0411% | 4h | 4,360.9 | +0.051% | $2.2M | $1.1M | 100x | as long as short |
| HTX XAU-USDT | +0.0530% | 4h | 4,361 | +0.054% | $2.9M | $3.9M | 75x | as long as short |
Vest GC-PERP
Lighter XAU
Lighter RH XAU
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
QFEX GOLD-USD
Polymarket Perps GOLD-USD
Variational Omni XAU
Coinbase International GOLD-PERP-INTX
MEXC XAU_USDT
Binance XAUUSDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
Phoenix GOLD
RISEx XAU/USDC
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
Bullet GOLD-USD
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT