Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h 0.000%
Price spread now: GRVT against Vest−0.819%63s7-day average −0.900% · 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)−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.819%, 7d avg −0.900%
=Together, before fees+0.046%+ Points / potential airdropVest: Active · GRVT: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.081% dearer against Vest than usual: you sell high and buy low (spread −0.819% now, against its 7-day average of −0.900%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 3 days (−0.017% in total) that is about 15 days. The two prices were read 63 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 | 4,387.2 | 0.0046 | pay 0.0006% / 1h | 49m 36s | — | $995K | 25x |
| Short | GRVT XAU_USDT_Perp | 4,351.3 | 0 | get 0.0000% / 4h | 1h 49m | $1.4M | $3.3M | 25x |
Vest GC-PERP
GRVT XAU_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$9.59
- Price spread: −0.819% → −0.900%
- $8.11
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$12.49
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; GRVT: 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 GRVT live order book, 4 min ago | 0.01 bp | 4.9 bp −$5 | 5.1 bp −$51 | 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 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAUUSD | −0.0175% | 1h | 4,350.1 | −0.846% | $600K | $160K | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.0080% | 1h | 4,348.2 | −0.889% | $292.8M | $53.5M | 25x | as long as short |
| Bluefin GOLD-PERP | −0.0037% | 1h | 4,346.5 | −0.927% | $26K | $21K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0008% | 1h | 4,347.8 | −0.898% | $33K | — | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,352.8 | −0.785% | $71.3M | $238.7M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,352.5 | −0.790% | $410.0M | $2.09B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,353.3 | −0.774% | $82.5M | $141.8M | 150x | as long as short |
| RISEx XAU/USDC | 0.0000% | 1h | 4,352.8 | −0.785% | $3.4M | $12.6M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,353.8 | −0.761% | $271.4M | $406.6M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,352.8 | −0.785% | $375.8M | $348.9M | 1000x | as long as short |
Kraken Futures PF_XAUUSD
tradeXYZ xyz:GOLD
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
RISEx XAU/USDC
Gate XAU_USDT
MEXC XAU_USDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUUSDT | 0.0000% | 4h | 4,352.5 | −0.791% | $67.3M | $110.7M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,351.3 | −0.818% | $47.9M | $32.5M | — | as long as short |
| GRVT XAU_USDT_Perpshort | 0.0000% | 4h | 4,351.3 | −0.819% | $1.4M | $3.3M | 25x | |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,351.5 | −0.814% | $3.9M | $33.9M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,357 | −0.687% | $93K | $10.8M | 20x | as long as short |
| QFEX GOLD-USD | +0.0002% | 1h | 4,352 | −0.802% | $5.5M | $1.9M | 20x | as long as short |
| edgeX XAUUSDC | +0.0014% | 4h | 4,346.6 | −0.926% | $30.3M | $58.2M | 50x | as long as short |
| HTX XAU-USDT | +0.0022% | 4h | 4,356.8 | −0.693% | $2.8M | $3.7M | 75x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,350.7 | −0.831% | $20.8M | $43.3M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,352.4 | −0.794% | $20.2M | $41.1M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,349.4 | −0.863% | $13.0M | $49.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.838% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.4 | −0.839% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,387.2 | long leg | — | $995K | 25x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0049% | 1h | 4,351.4 | −0.816% | $221K | $855K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,351.4 | −0.816% | $4.3M | $1.7M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0050% | 8h | 4,352.7 | −0.787% | $19K | $6K | 5x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,348.9 | −0.873% | $14.5M | $55.3M | 25x | as long as short |
| Bullet GOLD-USD | +0.0078% | 1h | 4,353 | −0.778% | $59K | $84K | 10x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,352.5 | −0.790% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,349.4 | −0.862% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,347.4 | −0.908% | $273K | $204K | 50x | as long as short |
| Phoenix GOLD | +0.0109% | 1h | 4,348.1 | −0.891% | $47K | $65K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0164% | 8h | 4,353.1 | −0.777% | $158.5M | $268.8M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0208% | 1h | 4,349.8 | −0.852% | $2.0M | $5.1M | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,352.8 | −0.783% | $14.8M | $4.3M | 100x | as long as short |
| Phemex XAUUSDT | +0.0326% | 4h | 4,354.1 | −0.754% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0450% / S −0.0246% | 1h | 4,353 | −0.779% | $251K | — | 29x | as long as short |
Bitget XAUUSDT
Variational Omni XAU
Kalshi KXGOLDPERP
SunX XAU-USDT
QFEX GOLD-USD
edgeX XAUUSDC
HTX XAU-USDT
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Deribit GOLD_USDC-PERPETUAL
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Ondo Perps XAU-USD.P
Bullet GOLD-USD
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
OKX XAU-USDT-SWAP
Coinbase International GOLD-PERP-INTX
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]