Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.36 per $10,000 · paid last 24h +0.011%
Price spread now: edgeX against GRVT−0.086%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days+0.045%+$5 · spread now −0.086%, 7d avg −0.114%
=Together, before fees+0.068%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.028% dearer against GRVT than usual: you sell high and buy low (spread −0.086% now, against its 7-day average of −0.114%): +$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 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XAU_USDT_Perp | 4,341.8 | 0.0204 | pay 0.0102% / 4h | 3h 23m | $1.4M | $2.9M | 25x |
| Short | edgeX XAUUSDC | 4,338 | 0.0131 | get 0.0066% / 4h | 3h 23m | $30.2M | $58.1M | 50x |
GRVT XAU_USDT_Perp
edgeX XAUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$15.31
- Price spread: −0.086% → −0.114%
- $2.78
- Slippage, 4 orders
- −$0.79
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$31.32
- Costs to cover
- 0.188%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; edgeX: live order book, 5 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, 5 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 175.7 bp −$17.6K | doesn't fit |
| Sell edgeX live order book, 5 min ago | 0.35 bp | 4.8 bp −$5 | 4.9 bp −$49 | 7.9 bp −$791 | 37.5 bp −$18.7K |
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 | 4,345.2 | +0.080% | $92K | $8.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,337.8 | −0.093% | $271K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0005% | 1h | 4,341.3 | −0.011% | $3.9M | $12.4M | 25x | as long as short |
| Bybit XAUUSDT | +0.0022% | 4h | 4,342.9 | +0.027% | $79.9M | $152.1M | 150x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,337.7 | −0.095% | $13.3M | $37.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.199% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,341.6 | −0.004% | $3.8M | $4.5M | 40x | as long as short |
| Bluefin GOLD-PERP | +0.0040% | 1h | 4,335.5 | −0.145% | $25K | $14K | 20x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,340.3 | −0.034% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,373.8 | +0.737% | — | $1.0M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Bybit XAUUSDT
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Bluefin GOLD-PERP
QFEX GOLD-USD
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XAU | +0.0048% | 1h | 4,340.3 | −0.034% | $20.7M | $34.6M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,339.1 | −0.062% | $293.5M | $49.2M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,338.4 | −0.078% | $15.1M | $56.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,338.9 | −0.066% | $4.2M | $37.4M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,339.5 | −0.053% | $2.1M | $4.8M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0056% | 8h | 4,340.7 | −0.026% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,342.9 | +0.027% | $20.2M | $40.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0080% | 1h | 4,338 | −0.087% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | +0.0084% | 4h | 4,343.5 | +0.040% | $269.3M | $416.9M | 100x | as long as short |
| Aster XAUUSD1 | +0.0091% | 4h | 4,343 | +0.029% | $71.5M | $332.0M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,337.2 | −0.106% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,338.1 | −0.086% | $274K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0102% | 4h | 4,340.5 | −0.030% | $48.3M | $27.6M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,340.1 | −0.038% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0116% | 4h | 4,342 | +0.004% | $371.5M | $320.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0117% | 4h | 4,342 | +0.004% | $417.8M | $2.09B | 100x | as long as short |
| edgeX XAUUSDCshort | +0.0131% | 4h | 4,338 | −0.086% | $30.2M | $58.1M | 50x | |
| Phoenix GOLD | +0.0136% | 1h | 4,338.4 | −0.078% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perplong | +0.0204% | 4h | 4,341.8 | long leg | $1.4M | $2.9M | 25x | |
| Polymarket Perps GOLD-USD | +0.0215% | 1h | 4,341.4 | −0.009% | $4.3M | $1.9M | 20x | as long as short |
| Bullet GOLD-USD | +0.0215% | 1h | 4,341.6 | −0.004% | $59K | $82K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0234% | 1h | 4,339.8 | −0.046% | $205K | $826K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,338.1 | −0.084% | $592K | $132K | 25x | as long as short |
| Bitget XAUUSDT | +0.0264% | 4h | 4,343.1 | +0.030% | $71.0M | $109.2M | 100x | as long as short |
| Phemex XAUUSDT | +0.0278% | 4h | 4,344.4 | +0.061% | $2.2M | $967K | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0326% | 8h | 4,343.4 | +0.037% | $167.1M | $282.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0356% | 4h | 4,341.7 | −0.001% | $15.7M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0428% / S −0.0252% | 1h | 4,341.6 | −0.004% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0596% | 4h | 4,345.8 | +0.091% | $2.8M | $4.6M | 75x | as long as short |
Lighter XAU
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Lighter RH XAU
Hotstuff GOLD-PERP
Gate XAU_USDT
Aster XAUUSD1
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Phemex XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT