Funding you earn now, next payment 03:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: gTrade (Gains Network) against tradeXYZ−0.008%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2852.854% of the position
Funding, last 3 days (all we have)−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.008%, 7d avg −0.027%
=Together, before fees−0.018%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GOLD | 4,354.9 | 0.0050 | pay 0.0006% / 1h | 24m 14s | $294.2M | $48.7M | 25x |
| Short | gTrade (Gains Network) XAU/USD | 4,354.6 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 24m 14s | $267K | — | 250x |
tradeXYZ xyz:GOLD
gTrade (Gains Network) XAU/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against tradeXYZ. 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
- −$9.84
- Price spread: −0.008% → −0.027%
- $1.9
- Slippage, 4 orders
- −$260.44
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$293.38
- Costs to cover
- 2.854%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 5 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 tradeXYZ live order book, 5 min ago | 0.12 bp | 9.1 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,363.2 | +0.190% | $93K | $9.2M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | L +0.0002% / S −0.0003% | 1h | 4,354.6 | −0.008% | $267K | — | 250x | |
| Gate XAU_USDT | +0.0006% | 4h | 4,359.5 | +0.106% | $264.7M | $413.0M | 100x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,358.4 | +0.081% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,354.6 | −0.008% | $13.6M | $38.8M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.103% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0039% | 24h | 4,356.4 | +0.034% | $4.1M | $37.0M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,358.9 | +0.092% | $3.8M | $4.6M | 40x | as long as short |
| Aster XAUUSD1 | +0.0043% | 4h | 4,358.3 | +0.078% | $70.6M | $334.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,392.1 | +0.854% | — | $1.0M | 25x | as long as short |
SunX XAU-USDT
Gate XAU_USDT
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USD
Aster XAUUSD1
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0046% | 1h | 4,357.2 | +0.053% | $5.6M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,355.7 | +0.018% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLDlong | +0.0050% | 1h | 4,354.9 | long leg | $294.2M | $48.7M | 25x | |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,355 | +0.001% | $15.1M | $57.2M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,357.1 | +0.050% | $1.4M | $3.0M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,356.7 | +0.041% | $20.7M | $42.3M | 25x | as long as short |
| Variational Omni XAU | +0.0057% | 4h | 4,355.6 | +0.017% | $48.3M | $27.9M | — | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,359 | +0.093% | $20.2M | $39.7M | 25x | as long as short |
| Binance XAUUSDT | +0.0074% | 4h | 4,357.9 | +0.068% | $412.1M | $2.10B | 100x | as long as short |
| MEXC XAU_USDT | +0.0074% | 4h | 4,357.9 | +0.069% | $372.1M | $318.9M | 1000x | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,358.8 | +0.090% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0093% | 4h | 4,349.4 | −0.126% | $30.3M | $58.3M | 50x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,357.8 | +0.066% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,355.1 | +0.006% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,353.9 | −0.023% | $275K | $203K | 50x | as long as short |
| Phemex XAUUSDT | +0.0119% | 4h | 4,357.8 | +0.065% | $2.2M | $1.1M | 100x | as long as short |
| Hotstuff GOLD-PERP | +0.0120% | 1h | 4,355.2 | +0.007% | $33K | — | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0124% | 1h | 4,357.8 | +0.067% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,350.3 | −0.106% | $47K | $77K | 25x | as long as short |
| Bybit XAUUSDT | +0.0199% | 4h | 4,359.3 | +0.100% | $84.5M | $145.4M | 150x | as long as short |
| Bullet GOLD-USD | +0.0200% | 1h | 4,358.4 | +0.080% | $60K | $83K | 10x | as long as short |
| Bitget XAUUSDT | +0.0212% | 4h | 4,358 | +0.071% | $70.2M | $109.4M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0232% | 1h | 4,356.9 | +0.046% | $278K | $727K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0253% | 8h | 4,359.1 | +0.096% | $165.2M | $282.7M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,355.5 | +0.014% | $594K | $133K | 25x | as long as short |
| BloFin XAU-USDT | +0.0296% | 4h | 4,356.2 | +0.030% | $15.5M | $4.6M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0401% / S −0.0213% | 1h | 4,358.4 | +0.080% | $249K | — | 111x | as long as short |
| Bluefin GOLD-PERP | +0.0463% | 1h | 4,351.3 | −0.084% | $25K | $14K | 20x | as long as short |
| HTX XAU-USDT | +0.0566% | 4h | 4,364.4 | +0.218% | $2.9M | $4.2M | 75x | as long as short |
QFEX GOLD-USD
Coinbase International GOLD-PERP-INTX
Ondo Perps XAU-USD.P
GRVT XAU_USDT_Perp
Lighter XAU
Variational Omni XAU
Lighter RH XAU
Binance XAUUSDT
MEXC XAU_USDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Phemex XAUUSDT
Hotstuff GOLD-PERP
Polymarket Perps GOLD-USD
Phoenix GOLD
Bybit XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
HTX XAU-USDT