Funding you earn now, next payment 06:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h +0.012%
Price spread now: Coinbase International against Vest−0.863%46s7-day average −0.955% · 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)+0.439%+$44 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.863%, 7d avg −0.955%
=Together, before fees+0.442%+ Points / potential airdropVest: Active · farm board+$44 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 Coinbase International is 0.092% dearer against Vest than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.955%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,355.5 | 0.0046 | pay 0.0006% / 1h | 28m 27s | — | $1.0M | 25x |
| Short | Coinbase International GOLD-PERP-INTX | 4,317.9 | 0.0072 | get 0.0009% / 1h | 28m 27s | $2.1M | $4.9M | 25x |
Vest GC-PERP
Coinbase International GOLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $5.53
- Price spread: −0.863% → −0.955%
- $9.21
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $2.73
- Costs to cover
- 0.120%
- Break-even
- 3.5 days
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago | 0.12 bp | 6.6 bp −$7 | 8.7 bp −$87 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0095% | 1h | 4,316.9 | −0.885% | $25K | $10K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,326.1 | −0.676% | $92K | $7.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,319.8 | −0.820% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0009% | 4h | 4,323.8 | −0.729% | $77.4M | $155.1M | 150x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.117% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,323.2 | −0.742% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,322 | −0.769% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,355.5 | long leg | — | $1.0M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.8 | −0.820% | $291.5M | $51.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,319.2 | −0.833% | $15.0M | $55.5M | 25x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.PShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XAU | +0.0064% | 1h | 4,323.7 | −0.730% | $20.3M | $30.5M | 25x | as long as short |
| Extended XAU-USD | +0.0064% | 1h | 4,319.2 | −0.834% | $12.9M | $36.9M | 25x | as long as short |
| Aster XAUUSD1 | +0.0067% | 4h | 4,324.2 | −0.719% | $72.5M | $277.6M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0072% | 1h | 4,320.2 | −0.810% | $32K | — | 25x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | +0.0072% | 1h | 4,317.9 | −0.863% | $2.1M | $4.9M | 25x | |
| Paradex XAU-USD-PERP | +0.0074% | 8h | 4,323.1 | −0.743% | $2K | $13K | 5x | as long as short |
| Kalshi KXGOLDPERP | +0.0076% | 24h | 4,324.2 | −0.719% | $3.8M | $43.7M | 15x | as long as short |
| GRVT XAU_USDT_Perp | +0.0080% | 4h | 4,323 | −0.745% | $1.4M | $3.0M | 25x | as long as short |
| Variational Omni XAU | +0.0090% | 4h | 4,322.5 | −0.757% | $47.4M | $28.8M | — | as long as short |
| MEXC XAU_USDT | +0.0096% | 4h | 4,323.2 | −0.743% | $362.2M | $330.7M | 1000x | as long as short |
| Binance XAUUSDT | +0.0097% | 4h | 4,323.2 | −0.742% | $416.4M | $2.13B | 100x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,319.8 | −0.820% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,320.3 | −0.807% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,319.9 | −0.818% | $272K | $208K | 50x | as long as short |
| edgeX XAUUSDC | +0.0102% | 4h | 4,319.5 | −0.827% | $30.0M | $61.3M | 50x | as long as short |
| Gate XAU_USDT | +0.0102% | 4h | 4,325.5 | −0.689% | $280.7M | $417.3M | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.4 | −0.761% | $160K | $87 | 10x | as long as short |
| Lighter RH XAU | +0.0112% | 1h | 4,326.5 | −0.666% | $19.8M | $38.7M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0154% | 1h | 4,319.4 | −0.829% | $584K | $135K | 25x | as long as short |
| Bullet GOLD-USD | +0.0177% | 1h | 4,323.2 | −0.741% | $59K | $82K | 10x | as long as short |
| RISEx XAU/USDC | +0.0184% | 1h | 4,326 | −0.678% | $4.2M | $12.8M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0209% | 1h | 4,323.3 | −0.739% | $4.3M | $1.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0224% | 4h | 4,322.7 | −0.752% | $67.8M | $118.2M | 100x | as long as short |
| HTX XAU-USDT | +0.0241% | 4h | 4,326.3 | −0.671% | $2.8M | $4.9M | 75x | as long as short |
| OKX XAU-USDT-SWAP | +0.0305% | 8h | 4,323.5 | −0.735% | $171.7M | $298.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0336% | 4h | 4,322.5 | −0.759% | $16.1M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0342% | 4h | 4,324.6 | −0.709% | $2.2M | $967K | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0375% | 1h | 4,321.3 | −0.785% | $192K | $835K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,323.3 | −0.740% | $252K | — | 111x | as long as short |
Lighter XAU
Extended XAU-USD
Aster XAUUSD1
Hotstuff GOLD-PERP
Paradex XAU-USD-PERP
Kalshi KXGOLDPERP
GRVT XAU_USDT_Perp
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
edgeX XAUUSDC
Gate XAU_USDT
Aevo XAU-PERP
Lighter RH XAU
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
RISEx XAU/USDC
Polymarket Perps GOLD-USD
Bitget XAUUSDT
HTX XAU-USDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
Deribit GOLD_USDC-PERPETUAL
GMX GOLD/USD [ETH-USDC]