Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: RISEx against Phoenix+0.017%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix GOLD | 4,370.3 | −0.0004 | get 0.0000% / 1h | 15m 21s | $48K | $65K | 25x |
| Short | RISEx XAU/USDC | 4,371 | 0 | get 0.0000% / 1h | 15m 21s | $3.4M | $12.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Phoenix. 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
- $0.77
- Price spread: +0.017% → 0.000%
- $1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$10.57
- Costs to cover
- 0.130%
- Break-even
- 103.0 days
Slippage unknown: Phoenix: no order-book sample; RISEx: live order book, 4 min ago. Net counts fees only.
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 4 min ago | 0.27 bp | 3.3 bp −$3 | 4.5 bp −$45 | 65.1 bp −$6,508 | doesn't fit |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0230% | 1h | 4,363.3 | −0.161% | $26K | $22K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0008% | 1h | 4,366.9 | −0.078% | $33K | — | 25x | as long as short |
| Phoenix GOLDlong | −0.0004% | 1h | 4,370.3 | long leg | $48K | $65K | 25x | |
| Aster XAUUSD1 | 0.0000% | 4h | 4,371.1 | +0.018% | $71.9M | $224.9M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,370.6 | +0.006% | $410.8M | $2.14B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,371.2 | +0.021% | $82.7M | $142.6M | 150x | as long as short |
| RISEx XAU/USDCshort | 0.0000% | 1h | 4,371 | +0.017% | $3.4M | $12.3M | 25x | |
| Gate XAU_USDT | 0.0000% | 4h | 4,371.3 | +0.022% | $267.4M | $417.7M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,370.5 | +0.005% | $375.3M | $324.1M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,370.4 | +0.002% | $69.6M | $113.4M | 100x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XAU | 0.0000% | 4h | 4,370.5 | +0.004% | $48.5M | $29.3M | — | as long as short |
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,371 | +0.017% | $1.4M | $3.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,368 | −0.053% | $4.0M | $36.2M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,375.3 | +0.115% | $93K | $10.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,366.5 | −0.087% | $268K | — | 250x | as long as short |
| edgeX XAUUSDC | +0.0009% | 4h | 4,365.9 | −0.101% | $30.4M | $59.4M | 50x | as long as short |
| QFEX GOLD-USD | +0.0032% | 1h | 4,370 | −0.007% | $5.4M | $1.9M | 20x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.455% | $619 | $54 | 52x | as long as short |
| Lighter XAU | +0.0040% | 1h | 4,369.7 | −0.014% | $20.7M | $44.9M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,371.8 | +0.034% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,404.8 | +0.789% | — | $1.0M | 25x | as long as short |
| Lighter RH XAU | +0.0048% | 1h | 4,372.2 | +0.043% | $20.2M | $42.3M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,366.6 | −0.085% | $294.2M | $52.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,367 | −0.076% | $14.7M | $57.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0054% | 8h | 4,370.5 | +0.005% | $19K | $5K | 5x | as long as short |
| Extended XAU-USD | +0.0056% | 1h | 4,366.8 | −0.081% | $13.1M | $45.5M | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,370.1 | −0.004% | $162K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,367.4 | −0.066% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,368.6 | −0.040% | $277K | $204K | 50x | as long as short |
| Polymarket Perps GOLD-USD | +0.0104% | 1h | 4,370 | −0.007% | $4.3M | $1.8M | 20x | as long as short |
| Bullet GOLD-USD | +0.0111% | 1h | 4,370.7 | +0.009% | $59K | $81K | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0152% | 1h | 4,370.1 | −0.005% | $2.0M | $5.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0162% | 8h | 4,371.3 | +0.023% | $158.6M | $274.4M | 100x | as long as short |
| HTX XAU-USDT | +0.0181% | 4h | 4,377 | +0.154% | $2.8M | $3.8M | 75x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0219% | 1h | 4,367.7 | −0.058% | $602K | $137K | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,371 | +0.017% | $14.8M | $4.5M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0254% | 1h | 4,369.1 | −0.027% | $235K | $736K | 25x | as long as short |
| Phemex XAUUSDT | +0.0317% | 4h | 4,370.3 | −0.001% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0389% / S −0.0197% | 1h | 4,370.7 | +0.009% | $252K | — | 111x | as long as short |
Phoenix GOLD
RISEx XAU/USDC
Bluefin GOLD-PERP
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
edgeX XAUUSDC
Injective XAU/USDC PERP
Lighter XAU
StandX XAU-USD
Lighter RH XAU
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
Extended XAU-USD
Pacifica XAU
ApeX Omni XAUUSDT
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Coinbase International GOLD-PERP-INTX
OKX XAU-USDT-SWAP
HTX XAU-USDT
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]