Funding you earn now, next payment 01:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.031%
Price spread now: Bullet against Vest−0.758%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Bullet is 0.758% cheaper against Vest than usual: you would sell low and buy high (spread −0.758% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$76 on $10k: about 15 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,396.2 | 0.0046 | pay 0.0006% / 1h | 2m 52s | — | $1.0M | 25x |
| Short | Bullet GOLD-USD | 4,362.9 | 0.0213 | get 0.0027% / 1h | 2m 52s | $59K | $82K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Vest. 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
- $35.16
- Price spread: −0.758% → 0.000%
- −$75.78
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$50.63
- Costs to cover
- 0.100%
- Break-even
- 17.1 days
Slippage unknown: Vest: no order-book sample; Bullet: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
Vest and Bullet: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,364 | −0.734% | $69.9M | $225.5M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,364 | −0.732% | $265.0M | $422.9M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,359.9 | −0.826% | $4.0M | $36.7M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,367.2 | −0.659% | $93K | $10.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,358.1 | −0.866% | $269K | — | 250x | as long as short |
| Variational Omni XAU | +0.0029% | 4h | 4,362.2 | −0.774% | $48.4M | $28.5M | — | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,358.9 | −0.849% | $13.5M | $43.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −1.041% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,363.5 | −0.744% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,362.7 | −0.762% | $5.6M | $1.9M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERPlong | +0.0046% | 1h | 4,396.2 | long leg | — | $1.0M | 25x | |
| RISEx XAU/USDC | +0.0048% | 1h | 4,363 | −0.755% | $3.4M | $12.3M | 25x | as long as short |
| MEXC XAU_USDT | +0.0048% | 4h | 4,363 | −0.754% | $373.2M | $331.4M | 1000x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,359.2 | −0.842% | $294.0M | $51.6M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,358.9 | −0.850% | $14.8M | $57.3M | 25x | as long as short |
| Binance XAUUSDT | +0.0052% | 4h | 4,363.3 | −0.748% | $411.7M | $2.15B | 100x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,359.6 | −0.833% | $48K | $64K | 25x | as long as short |
| edgeX XAUUSDC | +0.0062% | 4h | 4,356 | −0.915% | $30.3M | $60.4M | 50x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,361.3 | −0.793% | $20.6M | $44.5M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0086% | 8h | 4,362.7 | −0.762% | $19K | $5K | 5x | as long as short |
| Hotstuff GOLD-PERP | +0.0088% | 1h | 4,359.4 | −0.837% | $33K | — | 25x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,363.7 | −0.739% | $20.2M | $41.4M | 25x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,361.7 | −0.785% | $162K | $87 | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,359.8 | −0.828% | $2.0M | $5.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,359.6 | −0.833% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,359.4 | −0.837% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,355 | −0.938% | $26K | $22K | 20x | as long as short |
| Bitget XAUUSDT | +0.0102% | 4h | 4,363 | −0.754% | $69.0M | $112.1M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0118% | 1h | 4,361.6 | −0.787% | $4.3M | $1.8M | 20x | as long as short |
| GRVT XAU_USDT_Perp | +0.0142% | 4h | 4,362.6 | −0.764% | $1.4M | $3.1M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0186% | 1h | 4,360.5 | −0.812% | $235K | $658K | 25x | as long as short |
| Bybit XAUUSDT | +0.0197% | 4h | 4,364 | −0.733% | $83.8M | $144.8M | 150x | as long as short |
| BloFin XAU-USDT | +0.0207% | 4h | 4,362.7 | −0.761% | $15.4M | $4.6M | 100x | as long as short |
| Bullet GOLD-USDshort | +0.0213% | 1h | 4,362.9 | −0.758% | $59K | $82K | 10x | |
| OKX XAU-USDT-SWAP | +0.0214% | 8h | 4,364.2 | −0.728% | $164.2M | $288.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,360.2 | −0.820% | $595K | $141K | 25x | as long as short |
| Phemex XAUUSDT | +0.0290% | 4h | 4,363.8 | −0.737% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0393% / S −0.0199% | 1h | 4,362.4 | −0.768% | $254K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0555% | 4h | 4,367.4 | −0.656% | $2.9M | $3.9M | 75x | as long as short |
Bullet GOLD-USD
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Variational Omni XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
RISEx XAU/USDC
MEXC XAU_USDT
tradeXYZ xyz:GOLD
Binance XAUUSDT
Phoenix GOLD
edgeX XAUUSDC
Lighter XAU
Paradex XAU-USD-PERP
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Bitget XAUUSDT
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
Deribit GOLD_USDC-PERPETUAL
Bybit XAUUSDT
BloFin XAU-USDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT