Funding you earn now, next payment 04:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.032%
Price spread now: GRVT against SunX−0.081%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.662% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.081%, 7d avg −0.102%
=Together, before fees+0.123%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.021% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XAU-USDT | 4,355 | 0 | get 0.0000% / 4h | 24m 36s | $93K | $8.9M | 20x |
| Short | GRVT XAU_USDT_Perp | 4,351.4 | 0.0086 | get 0.0043% / 4h | 24m 36s | $1.4M | $2.9M | 25x |
SunX XAU-USDT
GRVT XAU_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against SunX. 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
- $18.06
- Price spread: −0.081% → −0.102%
- $2.11
- Slippage, 4 orders
- −$49.24
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$46.07
- Costs to cover
- 0.662%
- Break-even
- 24.9 days
Slippage from SunX: live order book, 4 min ago; GRVT: live order book, 4 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 SunX live order book, 4 min ago | 23.63 bp | 27.6 bp −$28 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 0.01 bp | 4.5 bp −$5 | 4.8 bp −$48 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,350.9 | −0.092% | $3.4M | $12.3M | 25x | as long as short |
| SunX XAU-USDTlong | 0.0000% | 4h | 4,355 | long leg | $93K | $8.9M | 20x | |
| Gate XAU_USDT | +0.0002% | 4h | 4,351.9 | −0.070% | $266.5M | $414.3M | 100x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,347.5 | −0.172% | $271K | — | 250x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,349.8 | −0.118% | $20.8M | $38.1M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,347.1 | −0.180% | $13.2M | $38.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.104% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,352.1 | −0.067% | $20.1M | $39.3M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.7 | −0.098% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,350.4 | −0.105% | $5.7M | $2.0M | 20x | as long as short |
RISEx XAU/USDC
Gate XAU_USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,383.8 | +0.662% | — | $1.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0046% | 24h | 4,349.7 | −0.121% | $4.2M | $37.3M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,347.6 | −0.169% | $2.0M | $4.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347.8 | −0.164% | $293.9M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,347.1 | −0.180% | $15.1M | $56.9M | 25x | as long as short |
| Aster XAUUSD1 | +0.0066% | 4h | 4,352.1 | −0.066% | $71.1M | $333.8M | 20x | as long as short |
| Variational Omni XAU | +0.0078% | 4h | 4,351 | −0.091% | $48.4M | $27.9M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0084% | 8h | 4,350.9 | −0.094% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perpshort | +0.0086% | 4h | 4,351.4 | −0.081% | $1.4M | $2.9M | 25x | |
| MEXC XAU_USDT | +0.0092% | 4h | 4,351.1 | −0.090% | $372.9M | $318.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0093% | 4h | 4,351 | −0.091% | $413.5M | $2.09B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,347.6 | −0.169% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,348.2 | −0.156% | $275K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,345.7 | −0.213% | $25K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,350.5 | −0.103% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0108% | 4h | 4,344.5 | −0.240% | $30.2M | $58.0M | 50x | as long as short |
| Hotstuff GOLD-PERP | +0.0136% | 1h | 4,347.8 | −0.164% | $33K | — | 25x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,348.4 | −0.151% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0157% | 1h | 4,350.6 | −0.100% | $4.3M | $2.0M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,348.1 | −0.158% | $593K | $132K | 25x | as long as short |
| Bullet GOLD-USD | +0.0194% | 1h | 4,350.9 | −0.093% | $59K | $82K | 10x | as long as short |
| Phemex XAUUSDT | +0.0201% | 4h | 4,351.4 | −0.083% | $2.2M | $967K | 100x | as long as short |
| Bitget XAUUSDT | +0.0236% | 4h | 4,351.2 | −0.087% | $69.9M | $109.3M | 100x | as long as short |
| Bybit XAUUSDT | +0.0244% | 4h | 4,352.3 | −0.062% | $85.3M | $144.8M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0292% | 8h | 4,352.8 | −0.050% | $165.8M | $281.5M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0302% | 1h | 4,350.2 | −0.109% | $206K | $823K | 25x | as long as short |
| BloFin XAU-USDT | +0.0335% | 4h | 4,351.3 | −0.083% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0415% / S −0.0234% | 1h | 4,351.1 | −0.089% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0624% | 4h | 4,356.2 | +0.028% | $2.9M | $4.3M | 75x | as long as short |
Vest GC-PERP
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Aevo XAU-PERP
edgeX XAUUSDC
Hotstuff GOLD-PERP
Phoenix GOLD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
Phemex XAUUSDT
Bitget XAUUSDT
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Deribit GOLD_USDC-PERPETUAL
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT