Funding you earn now, next payment 12:00 UTC−0.0155%/8h= −17.0% APRpaid last 24h −0.039%
Price spread now: Paradex against Bitget−0.051%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Paradex is 0.051% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUUSDT | 4,323.2 | 0.0210 | pay 0.0105% / 4h | 2h 16m | $74.0M | $134.1M | 100x |
| Short | Paradex XAU-USD-PERP | 4,321 | 0.0055 | get 0.0055% / 8h | 6h 16m | $2K | $13K | 5x |
Bitget XAUUSDT
Paradex XAU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Bitget. 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
- −$32.57
- Price spread: −0.051% → 0.000%
- −$5.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$53.64
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Paradex: no order-book sample. 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 Bitget live order book, 1 min ago | 0.01 bp | 6.1 bp −$6 | 7.3 bp −$73 | 10.6 bp −$1,058 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 exchanges
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 | 4,326.3 | +0.072% | $92K | $6.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,318.9 | −0.100% | $274K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0024% | 1h | 4,316.3 | −0.159% | $2.0M | $5.1M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.630% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0038% | 1h | 4,320.9 | −0.053% | $6.7M | $3.2M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,320.6 | −0.060% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,355.2 | +0.741% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.6 | −0.083% | $291.7M | $52.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,318.1 | −0.118% | $15.0M | $57.5M | 25x | as long as short |
| Paradex XAU-USD-PERPshort | +0.0055% | 8h | 4,321 | −0.051% | $2K | $13K | 5x |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Coinbase International GOLD-PERP-INTX
Injective XAU/USDC PERP
QFEX GOLD-USD
StandX XAU-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.PShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | +0.0056% | 1h | 4,322.1 | −0.024% | $4.7M | $13.5M | 25x | as long as short |
| Aster XAUUSD1 | +0.0068% | 4h | 4,324.7 | +0.034% | $73.6M | $274.4M | 20x | as long as short |
| Phoenix GOLD | +0.0076% | 1h | 4,318.8 | −0.101% | $43K | $72K | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0088% | 1h | 4,317.2 | −0.138% | $32K | — | 25x | as long as short |
| Gate XAU_USDT | +0.0088% | 4h | 4,325 | +0.041% | $300.5M | $444.9M | 100x | as long as short |
| Variational Omni XAU | +0.0090% | 4h | 4,319 | −0.098% | $47.0M | $29.3M | — | as long as short |
| Lighter XAU | +0.0096% | 1h | 4,322.9 | −0.007% | $20.2M | $30.0M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,317.8 | −0.124% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,316.5 | −0.155% | $283K | $223K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,316.1 | −0.163% | $25K | $1K | 20x | as long as short |
| MEXC XAU_USDT | +0.0112% | 4h | 4,322.9 | −0.007% | $359.5M | $360.1M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0112% | 4h | 4,320 | −0.073% | $1.4M | $3.0M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,321.5 | −0.039% | $160K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0113% | 4h | 4,323 | −0.004% | $440.3M | $2.37B | 100x | as long as short |
| Bybit XAUUSDT | +0.0116% | 4h | 4,324 | +0.019% | $80.5M | $170.9M | 150x | as long as short |
| edgeX XAUUSDC | +0.0124% | 4h | 4,315.8 | −0.172% | $30.1M | $66.3M | 50x | as long as short |
| Kalshi KXGOLDPERP | +0.0130% | 24h | 4,323 | −0.004% | $3.5M | $49.7M | 15x | as long as short |
| Polymarket Perps GOLD-USD | +0.0135% | 1h | 4,322.4 | −0.018% | $4.3M | $1.7M | 20x | as long as short |
| Extended XAU-USD | +0.0144% | 1h | 4,318.8 | −0.102% | $12.7M | $34.8M | 25x | as long as short |
| Lighter RH XAU | +0.0152% | 1h | 4,325.9 | +0.064% | $19.9M | $40.4M | 25x | as long as short |
| Bullet GOLD-USD | +0.0200% | 1h | 4,323 | −0.005% | $59K | $76K | 10x | as long as short |
| Bitget XAUUSDTlong | +0.0210% | 4h | 4,323.2 | long leg | $74.0M | $134.1M | 100x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0236% | 1h | 4,321.2 | −0.046% | $135K | $788K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0243% | 8h | 4,324 | +0.019% | $170.6M | $354.1M | 100x | as long as short |
| BloFin XAU-USDT | +0.0353% | 4h | 4,320.5 | −0.063% | $16.2M | $5.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0412% | 1h | 4,319.5 | −0.086% | $581K | $165K | 25x | as long as short |
| Phemex XAUUSDT | +0.0442% | 4h | 4,324.3 | +0.026% | $2.2M | $783K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0459% / S −0.0306% | 1h | 4,321 | −0.051% | $252K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1127% | 4h | 4,328.7 | +0.127% | $3.2M | $7.0M | 75x | as long as short |
RISEx XAU/USDC
Aster XAUUSD1
Phoenix GOLD
Hotstuff GOLD-PERP
Gate XAU_USDT
Variational Omni XAU
Lighter XAU
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Aevo XAU-PERP
Binance XAUUSDT
Bybit XAUUSDT
edgeX XAUUSDC
Kalshi KXGOLDPERP
Polymarket Perps GOLD-USD
Extended XAU-USD
Lighter RH XAU
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT