Funding you earn now, next payment 08:00 UTC−0.0774%/8h= −84.8% APRnext payment −$0.97 per $10,000 · paid last 24h +0.185%
Price spread now: Bluefin against RISEx−0.194%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$23 a day on $10k at the current rate, and Bluefin is 0.194% cheaper against RISEx than usual: you would sell low and buy high (−$19 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 | RISEx XAU/USDC | 4,326.5 | 0.0643 | pay 0.0080% / 1h | 47m 27s | $4.4M | $13.3M | 25x |
| Short | Bluefin GOLD-PERP | 4,318.1 | −0.0132 | pay 0.0016% / 1h | 47m 27s | $25K | $1K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against RISEx. 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
- −$162.62
- Price spread: −0.194% → 0.000%
- −$19.39
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$195.01
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 2 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 RISEx live order book, 2 min ago | 0.01 bp | 5.3 bp −$5 | 6.3 bp −$63 | 36.7 bp −$3,670 | 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 | −0.0132% | 1h | 4,318.1 | −0.194% | $25K | $1K | 20x | |
| SunX XAU-USDT | 0.0000% | 4h | 4,330.2 | +0.084% | $92K | $7.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,322.5 | −0.093% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0027% | 4h | 4,327.3 | +0.017% | $77.0M | $153.2M | 150x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.553% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,326.2 | −0.007% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,323.4 | −0.072% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,358 | +0.728% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,322.2 | −0.100% | $291.8M | $51.6M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,321.4 | −0.119% | $15.0M | $55.7M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | +0.0060% | 4h | 4,327.8 | +0.031% | $72.9M | $272.6M | 20x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,324.8 | −0.041% | $20.3M | $29.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0064% | 1h | 4,321.1 | −0.125% | $32K | — | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0069% | 8h | 4,324.7 | −0.042% | $2K | $14K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,323 | −0.081% | $2.1M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0088% | 24h | 4,325.6 | −0.021% | $3.8M | $44.5M | 15x | as long as short |
| Variational Omni XAU | +0.0092% | 4h | 4,321 | −0.127% | $47.3M | $29.0M | — | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,319.3 | −0.167% | $47K | $79K | 25x | as long as short |
| Gate XAU_USDT | +0.0098% | 4h | 4,327.6 | +0.025% | $279.7M | $411.3M | 100x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,326.2 | −0.008% | $364.9M | $325.4M | 1000x | as long as short |
| Binance XAUUSDT | +0.0100% | 4h | 4,326.3 | −0.005% | $425.7M | $2.14B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,321.6 | −0.113% | $1.4M | $1.2M | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0100% | 4h | 4,323.9 | −0.060% | $1.4M | $3.0M | 25x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,319.8 | −0.154% | $272K | $208K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,324.5 | −0.047% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0106% | 4h | 4,317.6 | −0.207% | $30.0M | $59.6M | 50x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,327.2 | +0.015% | $20.0M | $38.7M | 25x | as long as short |
| Extended XAU-USD | +0.0160% | 1h | 4,321.5 | −0.116% | $13.1M | $36.7M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0166% | 1h | 4,324.1 | −0.056% | $163K | $865K | 25x | as long as short |
| Bitget XAUUSDT | +0.0200% | 4h | 4,325.6 | −0.021% | $70.3M | $118.9M | 100x | as long as short |
| Bullet GOLD-USD | +0.0202% | 1h | 4,326.3 | −0.006% | $59K | $80K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0218% | 1h | 4,325.9 | −0.014% | $4.3M | $2.0M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,322.4 | −0.094% | $578K | $136K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0286% | 8h | 4,326.4 | −0.003% | $173.7M | $300.9M | 100x | as long as short |
| BloFin XAU-USDT | +0.0340% | 4h | 4,323.1 | −0.080% | $16.4M | $4.6M | 100x | as long as short |
| HTX XAU-USDT | +0.0370% | 4h | 4,330.1 | +0.084% | $3.2M | $5.9M | 75x | as long as short |
| Phemex XAUUSDT | +0.0376% | 4h | 4,327 | +0.010% | $2.2M | $974K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,326.3 | −0.004% | $253K | — | 111x | as long as short |
| RISEx XAU/USDClong | +0.0643% | 1h | 4,326.5 | long leg | $4.4M | $13.3M | 25x |
RISEx XAU/USDC
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Aster XAUUSD1
Lighter XAU
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
Variational Omni XAU
Phoenix GOLD
Gate XAU_USDT
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
GRVT XAU_USDT_Perp
ApeX Omni XAUUSDT
edgeX XAUUSDC
Lighter RH XAU
Extended XAU-USD
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
HTX XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]