Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.021%
Price spread now: Bybit against Vest−0.716%7-day average −0.804% · 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)+0.020%+$2 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now −0.716%, 7d avg −0.804%
=Together, before fees−0.082%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.087% dearer against Vest than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.804%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,368.5 | 0.0046 | pay 0.0006% / 1h | 29m 58s | — | $1.0M | 25x |
| Short | Bybit XAUUSDT | 4,337.2 | 0.0065 | get 0.0033% / 4h | 2h 29m | $79.1M | $154.4M | 150x |
Vest GC-PERP
Bybit XAUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $4.15
- Price spread: −0.716% → −0.804%
- $8.72
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$0.13
- Costs to cover
- 0.130%
- Break-even
- 7.2 days
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 4 min ago. 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 Bybit live order book, 4 min ago | 0.01 bp | 5.5 bp −$6 | 6.6 bp −$66 | 12.7 bp −$1,272 | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,340 | −0.652% | $92K | $8.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,332.1 | −0.834% | $271K | — | 250x | as long as short |
| Bluefin GOLD-PERP | +0.0005% | 1h | 4,330 | −0.881% | $25K | $14K | 20x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,332.1 | −0.833% | $13.2M | $37.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.414% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,335.5 | −0.755% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0044% | 1h | 4,334.9 | −0.769% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,368.5 | long leg | — | $1.0M | 25x | |
| Lighter XAU | +0.0048% | 1h | 4,335.2 | −0.762% | $20.7M | $30.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,332.5 | −0.824% | $292.5M | $50.4M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bluefin GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Lighter XAU
tradeXYZ xyz:GOLDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,333.4 | −0.803% | $15.0M | $56.7M | 25x | as long as short |
| RISEx XAU/USDC | +0.0054% | 1h | 4,336.7 | −0.727% | $3.7M | $12.3M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0057% | 24h | 4,336.6 | −0.730% | $4.1M | $40.4M | 15x | as long as short |
| Gate XAU_USDT | +0.0064% | 4h | 4,337.8 | −0.704% | $273.5M | $404.6M | 100x | as long as short |
| Bybit XAUUSDTshort | +0.0065% | 4h | 4,337.2 | −0.716% | $79.1M | $154.4M | 150x | |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,332.1 | −0.833% | $2.1M | $4.7M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0072% | 8h | 4,336.7 | −0.728% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,337.6 | −0.706% | $20.0M | $38.6M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0096% | 1h | 4,325.6 | −0.982% | $32K | — | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,332.8 | −0.817% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,328.3 | −0.921% | $275K | $204K | 50x | as long as short |
| Aster XAUUSD1 | +0.0111% | 4h | 4,337.5 | −0.711% | $71.6M | $331.7M | 20x | as long as short |
| Variational Omni XAU | +0.0111% | 4h | 4,333.1 | −0.809% | $48.3M | $27.5M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,335.4 | −0.757% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0120% | 4h | 4,335.6 | −0.753% | $365.4M | $322.2M | 1000x | as long as short |
| Binance XAUUSDT | +0.0121% | 4h | 4,336.2 | −0.740% | $417.6M | $2.14B | 100x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,333.4 | −0.803% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0132% | 4h | 4,332.3 | −0.828% | $1.4M | $2.9M | 25x | as long as short |
| edgeX XAUUSDC | +0.0138% | 4h | 4,329.7 | −0.887% | $30.1M | $58.7M | 50x | as long as short |
| Bullet GOLD-USD | +0.0161% | 1h | 4,335.7 | −0.750% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0171% | 1h | 4,336 | −0.744% | $4.2M | $2.0M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0235% | 1h | 4,334.7 | −0.774% | $202K | $820K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0247% | 1h | 4,333.2 | −0.808% | $590K | $130K | 25x | as long as short |
| HTX XAU-USDT | +0.0260% | 4h | 4,339 | −0.676% | $2.8M | $4.8M | 75x | as long as short |
| Bitget XAUUSDT | +0.0284% | 4h | 4,335.7 | −0.750% | $72.8M | $112.2M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0338% | 8h | 4,336.8 | −0.726% | $169.9M | $291.4M | 100x | as long as short |
| Phemex XAUUSDT | +0.0339% | 4h | 4,336.9 | −0.725% | $2.2M | $960K | 100x | as long as short |
| BloFin XAU-USDT | +0.0379% | 4h | 4,334.4 | −0.782% | $15.9M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0451% / S −0.0286% | 1h | 4,336 | −0.744% | $250K | — | 111x | as long as short |
Ondo Perps XAU-USD.P
RISEx XAU/USDC
Kalshi KXGOLDPERP
Gate XAU_USDT
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Lighter RH XAU
Hotstuff GOLD-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Aster XAUUSD1
Variational Omni XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
GRVT XAU_USDT_Perp
edgeX XAUUSDC
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
HTX XAU-USDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Phemex XAUUSDT
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]