Funding you earn now, next payment 07:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h −0.014%
Price spread now: Kalshi against Vest−0.675%7-day average −0.928% · 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)−0.061%−$6 on $10k
+Price spread, last 7 days−0.270%−$27 · spread now −0.675%, 7d avg −0.928%
=Together, before fees−0.332%+ Points / potential airdropVest: Active · farm board−$33 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 Kalshi is 0.253% dearer against Vest than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.928%. Mind the row above: over the last 3 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,353.9 | 0.0046 | pay 0.0006% / 1h | 39m 19s | — | $1.0M | 25x |
| Short | Kalshi KXGOLDPERP | 4,324.5 | 0.0072 | get 0.0217% / 24h | 7h 39m | $3.8M | $43.4M | 15x |
Vest GC-PERP
Kalshi KXGOLDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- $5.6
- Price spread: −0.675% → −0.928%
- $25.28
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- $18.88
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Kalshi: 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 Kalshi live order book, 5 min ago | 0.12 bp | 6.0 bp −$6 | 6.6 bp −$66 | 10.6 bp −$1,055 | 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 | −0.0097% | 1h | 4,315.9 | −0.873% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,324.9 | −0.667% | $92K | $7.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,317.2 | −0.842% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0005% | 4h | 4,321.8 | −0.737% | $77.3M | $155.8M | 150x | as long as short |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,319.6 | −0.788% | $32K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,317.3 | −0.842% | $13.1M | $36.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.080% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,324.9 | −0.666% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,320.2 | −0.774% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,353.9 | long leg | — | $1.0M | 25x |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Hotstuff GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,317.9 | −0.827% | $291.4M | $51.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,316.5 | −0.858% | $15.0M | $55.6M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,320.4 | −0.770% | $20.3M | $30.4M | 25x | as long as short |
| Aster XAUUSD1 | +0.0072% | 4h | 4,322.7 | −0.717% | $72.4M | $298.7M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,318.8 | −0.806% | $2.1M | $4.9M | 25x | as long as short |
| Kalshi KXGOLDPERPshort | +0.0072% | 24h | 4,324.5 | −0.675% | $3.8M | $43.4M | 15x | |
| Paradex XAU-USD-PERP | +0.0073% | 8h | 4,320.6 | −0.764% | $2K | $13K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0080% | 4h | 4,322.9 | −0.711% | $1.4M | $3.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0086% | 4h | 4,323 | −0.710% | $281.8M | $413.7M | 100x | as long as short |
| Variational Omni XAU | +0.0093% | 4h | 4,322.9 | −0.712% | $47.4M | $29.0M | — | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,322.7 | −0.718% | $19.8M | $38.5M | 25x | as long as short |
| Binance XAUUSDT | +0.0098% | 4h | 4,321.1 | −0.754% | $415.4M | $2.14B | 100x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,321 | −0.755% | $363.8M | $329.0M | 1000x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,321 | −0.756% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,317.5 | −0.835% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,319.9 | −0.780% | $272K | $208K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,320.4 | −0.768% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0119% | 4h | 4,319.5 | −0.790% | $30.0M | $61.0M | 50x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0154% | 1h | 4,318.4 | −0.815% | $584K | $134K | 25x | as long as short |
| Bullet GOLD-USD | +0.0178% | 1h | 4,321.1 | −0.754% | $59K | $82K | 10x | as long as short |
| RISEx XAU/USDC | +0.0184% | 1h | 4,323.4 | −0.700% | $4.2M | $12.8M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0207% | 1h | 4,321.2 | −0.751% | $4.3M | $1.9M | 20x | as long as short |
| HTX XAU-USDT | +0.0221% | 4h | 4,326.6 | −0.627% | $2.8M | $4.9M | 75x | as long as short |
| Bitget XAUUSDT | +0.0230% | 4h | 4,321.2 | −0.750% | $67.9M | $118.9M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0236% | 1h | 4,320.4 | −0.769% | $192K | $832K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0311% | 8h | 4,322.3 | −0.726% | $170.5M | $297.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,323.3 | −0.703% | $16.1M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0372% | 4h | 4,325.8 | −0.644% | $2.2M | $967K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0463% / S −0.0307% | 1h | 4,322.8 | −0.714% | $252K | — | 111x | as long as short |
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Lighter XAU
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
Gate XAU_USDT
Variational Omni XAU
Lighter RH XAU
Binance XAUUSDT
MEXC XAU_USDT
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
RISEx XAU/USDC
Polymarket Perps GOLD-USD
HTX XAU-USDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]