Funding you earn now, next payment 01:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h −0.041%
Price spread now: GRVT against RISEx+0.058%55s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$180.176% of the position
Funding, last 3 days (all we have)−0.043%−$4 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.058%, 7d avg +0.007%
=Together, before fees−0.071%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.051% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.043% in total (about -4.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAU/USDC | 4,375.9 | 0.0048 | pay 0.0006% / 1h | 52m 23s | $3.4M | $12.3M | 25x |
| Short | GRVT XAU_USDT_Perp | 4,378.5 | 0.0244 | get 0.0122% / 4h | 3h 52m | $1.4M | $3.1M | 25x |
RISEx XAU/USDC
GRVT XAU_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $41.22
- Price spread: +0.058% → +0.007%
- $5.1
- Slippage, 4 orders
- −$2.63
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $28.69
- Costs to cover
- 0.176%
- Break-even
- 2.1 days
Slippage from RISEx: live order book, 2 min ago; GRVT: live order book, 1 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 RISEx live order book, 2 min ago | 0.42 bp | 4.2 bp −$4 | 4.6 bp −$46 | 35.9 bp −$3,589 | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,376.2 | +0.005% | $72.0M | $212.6M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,375.8 | −0.003% | $410.2M | $2.15B | 100x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,376.8 | +0.019% | $266.8M | $407.8M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,375.8 | −0.004% | $374.5M | $320.9M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,375.5 | −0.009% | $69.7M | $114.5M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,377.8 | +0.042% | $48.7M | $28.0M | — | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,373.7 | −0.051% | $4.0M | $36.5M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,381.2 | +0.121% | $93K | $10.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,372.6 | −0.076% | $268K | — | 250x | as long as short |
| edgeX XAUUSDC | +0.0009% | 4h | 4,367.4 | −0.195% | $30.4M | $59.6M | 50x | as long as short |
Aster XAUUSD1
Binance XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAU
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
edgeX XAUUSDCShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,371.7 | −0.097% | $33K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.583% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,377 | +0.024% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,375.6 | −0.008% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,410.2 | +0.783% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDClong | +0.0048% | 1h | 4,375.9 | long leg | $3.4M | $12.3M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,373 | −0.067% | $294.8M | $52.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,371.1 | −0.111% | $14.7M | $57.1M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,373.6 | −0.054% | $48K | $64K | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0067% | 8h | 4,376.2 | +0.005% | $19K | $5K | 5x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,374.9 | −0.025% | $20.8M | $43.2M | 25x | as long as short |
| Lighter RH XAU | +0.0072% | 1h | 4,377.8 | +0.042% | $20.2M | $40.8M | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,374.4 | −0.035% | $162K | $87 | 10x | as long as short |
| Bluefin GOLD-PERP | +0.0092% | 1h | 4,368.4 | −0.172% | $26K | $22K | 20x | as long as short |
| Extended XAU-USD | +0.0096% | 1h | 4,372 | −0.090% | $13.3M | $44.2M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,374.1 | −0.042% | $2.0M | $5.1M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0099% | 1h | 4,375 | −0.022% | $4.3M | $1.8M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,372.7 | −0.074% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,375.3 | −0.014% | $278K | $204K | 50x | as long as short |
| Bybit XAUUSDT | +0.0119% | 4h | 4,376.4 | +0.009% | $83.1M | $144.3M | 150x | as long as short |
| Phemex XAUUSDT | +0.0126% | 4h | 4,377.1 | +0.026% | $2.2M | $1.1M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0166% | 8h | 4,376.9 | +0.022% | $160.9M | $280.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0184% | 1h | 4,375.1 | −0.019% | $236K | $655K | 25x | as long as short |
| Bullet GOLD-USD | +0.0195% | 1h | 4,376.4 | +0.011% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0224% | 1h | 4,374 | −0.045% | $596K | $154K | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,376.6 | +0.015% | $14.8M | $4.6M | 100x | as long as short |
| GRVT XAU_USDT_Perpshort | +0.0244% | 4h | 4,378.5 | +0.058% | $1.4M | $3.1M | 25x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0390% / S −0.0197% | 1h | 4,376.5 | +0.013% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0567% | 4h | 4,380.6 | +0.106% | $2.9M | $3.8M | 75x | as long as short |
Hotstuff GOLD-PERP
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Phoenix GOLD
Paradex XAU-USD-PERP
Lighter XAU
Lighter RH XAU
Aevo XAU-PERP
Bluefin GOLD-PERP
Extended XAU-USD
Coinbase International GOLD-PERP-INTX
Polymarket Perps GOLD-USD
Pacifica XAU
ApeX Omni XAUUSDT
Bybit XAUUSDT
Phemex XAUUSDT
OKX XAU-USDT-SWAP
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT