XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0368%/8h= −40.3% APRnext payment −$0.46 per $10,000 · paid last 24h +0.166%

Price spread now: Bluefin against Polymarket Perps−0.150%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bluefin is 0.150% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOLD-USD	4,327	0.0218	pay 0.0027% / 1h	35m 47s	$4.3M	$2.0M	20x
Short	Bluefin GOLD-PERP	4,320.5	−0.0150	pay 0.0019% / 1h	35m 47s	$25K	$1K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee BluefinbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$77.28
Price spread: −0.150% → 0.000%: −$14.98
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$107.26
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 3 min ago; Bluefin: no order-book sample. 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 Polymarket Perps live order book, 3 min ago	0.12 bp	5.2 bp −$5	5.7 bp −$57	6.5 bp −$646	doesn't fit
Sell Bluefin no order-book sample	—	—	—	—	—

Bluefin: 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-PERPshort	−0.0150%	1h	4,320.5	−0.150%	$25K	$1K	20x
Hotstuff GOLD-PERP	0.0000%	1h	4,322.7	−0.099%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,331.2	+0.096%	$92K	$7.3M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,322.7	−0.099%	$270K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.541%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,327.8	+0.018%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,324.6	−0.055%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,359.5	+0.751%	—	$1.0M	25x	as long as short
Bybit XAUUSDT	+0.0047%	4h	4,326.9	−0.003%	$77.6M	$153.2M	150x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,322	−0.116%	$291.7M	$51.5M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,321.4	−0.129%	$15.0M	$55.6M	25x	as long as short
Aster XAUUSD1	+0.0056%	4h	4,326.7	−0.006%	$72.9M	$272.1M	20x	as long as short
Lighter XAU	+0.0064%	1h	4,324.7	−0.053%	$20.4M	$29.1M	25x	as long as short
Paradex XAU-USD-PERP	+0.0066%	8h	4,324.9	−0.048%	$2K	$14K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,322.9	−0.095%	$2.1M	$4.8M	25x	as long as short
Variational Omni XAU	+0.0089%	4h	4,324.9	−0.049%	$47.2M	$29.3M	—	as long as short
Kalshi KXGOLDPERP	+0.0091%	24h	4,327.9	+0.021%	$3.8M	$44.5M	15x	as long as short
Phoenix GOLD	+0.0096%	1h	4,323.8	−0.074%	$47K	$79K	25x	as long as short
MEXC XAU_USDT	+0.0098%	4h	4,325.9	−0.026%	$363.6M	$327.1M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0098%	4h	4,326.6	−0.009%	$1.4M	$3.1M	25x	as long as short
Binance XAUUSDT	+0.0099%	4h	4,325.8	−0.028%	$425.2M	$2.13B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,322	−0.116%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,324.3	−0.063%	$272K	$208K	50x	as long as short
Gate XAU_USDT	+0.0104%	4h	4,328	+0.022%	$284.8M	$415.0M	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,325.9	−0.026%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0113%	4h	4,323.5	−0.081%	$30.1M	$59.5M	50x	as long as short
Lighter RH XAU	+0.0120%	1h	4,327.3	+0.006%	$20.0M	$39.1M	25x	as long as short
Extended XAU-USD	+0.0136%	1h	4,321.6	−0.125%	$13.2M	$36.8M	25x	as long as short
Bitget XAUUSDT	+0.0194%	4h	4,325.6	−0.032%	$70.2M	$118.6M	100x	as long as short
Bullet GOLD-USD	+0.0204%	1h	4,326.8	−0.005%	$58K	$81K	10x	as long as short
Polymarket Perps GOLD-USDlong	+0.0218%	1h	4,327	long leg	$4.3M	$2.0M	20x
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,323.5	−0.080%	$578K	$135K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0236%	1h	4,324.9	−0.049%	$163K	$870K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0277%	8h	4,326.3	−0.016%	$173.8M	$299.3M	100x	as long as short
BloFin XAU-USDT	+0.0339%	4h	4,326.7	−0.007%	$16.4M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0359%	4h	4,328.5	+0.035%	$2.2M	$974K	100x	as long as short
HTX XAU-USDT	+0.0405%	4h	4,331.9	+0.112%	$3.2M	$5.9M	75x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,326.7	−0.007%	$253K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,325.7	−0.030%	$4.6M	$13.3M	25x	as long as short