Funding you earn now, next payment 08:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.062%
Price spread now: Deribit against Vest−0.794%7-day average −0.964% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.736%+$74 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.794%, 7d avg −0.964%
=Together, before fees+0.612%+ Points / potential airdropVest: Active · farm board+$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Deribit is 0.170% dearer against Vest than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.964%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,359.5 | 0.0046 | pay 0.0006% / 1h | 36m 17s | — | $1.0M | 25x |
| Short | Deribit GOLD_USDC-PERPETUAL | 4,324.9 | 0.0236 | get 0.0029% / 1h | 36m 17s | $163K | $870K | 25x |
Vest GC-PERP
Deribit GOLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $39.93
- Price spread: −0.794% → −0.964%
- $17.01
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $47.93
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 3 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 Deribit live order book, 3 min ago | 0.12 bp | 8.4 bp −$8 | 9.4 bp −$94 | 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 | −0.0150% | 1h | 4,320.5 | −0.894% | $25K | $1K | 20x | as long as short |
| Hotstuff GOLD-PERP | 0.0000% | 1h | 4,322.7 | −0.844% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,331.2 | −0.650% | $92K | $7.3M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,322.7 | −0.844% | $270K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.208% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,327.8 | −0.727% | $3.8M | $4.5M | 40x | as long as short |
| Bybit XAUUSDT | +0.0044% | 4h | 4,326.7 | −0.752% | $77.6M | $153.1M | 150x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,324.6 | −0.801% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,359.5 | long leg | — | $1.0M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,323.2 | −0.833% | $291.8M | $51.5M | 25x | as long as short |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
Bybit XAUUSDT
QFEX GOLD-USD
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 | 4,322.4 | −0.852% | $15.0M | $55.7M | 25x | as long as short |
| Aster XAUUSD1 | +0.0057% | 4h | 4,327.1 | −0.743% | $72.9M | $272.1M | 20x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,324.7 | −0.798% | $20.4M | $29.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0066% | 8h | 4,325.7 | −0.774% | $2K | $14K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,322.9 | −0.840% | $2.1M | $4.8M | 25x | as long as short |
| Variational Omni XAU | +0.0091% | 4h | 4,327 | −0.746% | $47.2M | $29.3M | — | as long as short |
| Kalshi KXGOLDPERP | +0.0091% | 24h | 4,327.9 | −0.725% | $3.8M | $44.5M | 15x | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,323.8 | −0.819% | $47K | $79K | 25x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,325.7 | −0.775% | $363.6M | $327.1M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0098% | 4h | 4,326.6 | −0.755% | $1.4M | $3.1M | 25x | as long as short |
| Binance XAUUSDT | +0.0099% | 4h | 4,325.7 | −0.775% | $425.6M | $2.13B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,322.9 | −0.840% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,324.3 | −0.808% | $272K | $208K | 50x | as long as short |
| Gate XAU_USDT | +0.0104% | 4h | 4,328.9 | −0.702% | $281.8M | $414.6M | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,325.9 | −0.771% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0113% | 4h | 4,323.5 | −0.826% | $30.1M | $59.5M | 50x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,327.3 | −0.740% | $20.0M | $39.0M | 25x | as long as short |
| Extended XAU-USD | +0.0136% | 1h | 4,322.8 | −0.843% | $13.2M | $36.7M | 25x | as long as short |
| Bitget XAUUSDT | +0.0194% | 4h | 4,326.5 | −0.758% | $70.2M | $118.6M | 100x | as long as short |
| Bullet GOLD-USD | +0.0204% | 1h | 4,326.8 | −0.750% | $58K | $81K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0218% | 1h | 4,327 | −0.745% | $4.3M | $2.0M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,323.5 | −0.825% | $578K | $135K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUALshort | +0.0236% | 1h | 4,324.9 | −0.794% | $163K | $870K | 25x | |
| OKX XAU-USDT-SWAP | +0.0277% | 8h | 4,326.4 | −0.759% | $173.8M | $299.4M | 100x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,326.7 | −0.753% | $16.4M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0359% | 4h | 4,328.5 | −0.711% | $2.2M | $974K | 100x | as long as short |
| HTX XAU-USDT | +0.0405% | 4h | 4,331.9 | −0.634% | $3.2M | $5.9M | 75x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,326.7 | −0.753% | $253K | — | 111x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,326.7 | −0.751% | $4.6M | $13.3M | 25x | as long as short |
Ondo Perps XAU-USD.P
Aster XAUUSD1
Lighter XAU
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Variational Omni XAU
Kalshi KXGOLDPERP
Phoenix GOLD
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Gate XAU_USDT
Aevo XAU-PERP
edgeX XAUUSDC
Lighter RH XAU
Extended XAU-USD
Bitget XAUUSDT
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
HTX XAU-USDT
GMX GOLD/USD [ETH-USDC]
RISEx XAU/USDC