Funding you earn now, next payment 04:00 UTC−0.0296%/8h= −32.5% APRnext payment −$1.48 per $10,000 · paid last 24h −0.115%
Price spread now: SunX against BloFin+0.160%55s7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.695% of the position
Funding, last 7 days−0.530%−$53 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.160%, 7d avg +0.089%
=The price spread pays, funding is against you. SunX is 0.071% dearer against BloFin than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.089%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 19 hours. The two prices were read 55 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 | BloFin XAU-USDT | 4,356.2 | 0.0296 | pay 0.0148% / 4h | 1h 24m | $15.5M | $4.6M | 100x |
| Short | SunX XAU-USDT | 4,363.2 | 0 | get 0.0000% / 4h | 1h 24m | $93K | $9.2M | 20x |
BloFin XAU-USDT
SunX XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. 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
- −$62.24
- Price spread: +0.160% → +0.089%
- $7.08
- Slippage, 4 orders
- −$49.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$124.64
- Costs to cover
- 0.695%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; SunX: live order book, 5 min ago.
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 BloFin live order book, 5 min ago | 0.03 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.7 bp −$668 | doesn't fit |
| Sell SunX live order book, 5 min ago | 23.65 bp | 29.6 bp −$30 | 47.1 bp −$471 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDTshort | 0.0000% | 4h | 4,363.2 | +0.160% | $93K | $9.2M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,354.6 | −0.038% | $267K | — | 250x | as long as short |
| Gate XAU_USDT | +0.0006% | 4h | 4,359.5 | +0.076% | $264.7M | $413.0M | 100x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,358.4 | +0.051% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,354.6 | −0.038% | $13.6M | $38.8M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.133% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0039% | 24h | 4,356.4 | +0.004% | $4.1M | $37.0M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,358.9 | +0.062% | $3.8M | $4.6M | 40x | as long as short |
| Aster XAUUSD1 | +0.0043% | 4h | 4,358.3 | +0.048% | $70.6M | $334.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,392.1 | +0.824% | — | $1.0M | 25x | as long as short |
gTrade (Gains Network) XAU/USD
Gate XAU_USDT
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USD
Aster XAUUSD1
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0046% | 1h | 4,357.2 | +0.023% | $5.6M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,355.7 | −0.012% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,354.9 | −0.030% | $294.2M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,355 | −0.029% | $15.1M | $57.2M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,357.1 | +0.020% | $1.4M | $3.0M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,356.7 | +0.011% | $20.7M | $42.3M | 25x | as long as short |
| Variational Omni XAU | +0.0057% | 4h | 4,355.6 | −0.013% | $48.3M | $27.9M | — | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,359 | +0.063% | $20.2M | $39.7M | 25x | as long as short |
| Binance XAUUSDT | +0.0074% | 4h | 4,357.9 | +0.038% | $412.1M | $2.10B | 100x | as long as short |
| MEXC XAU_USDT | +0.0074% | 4h | 4,357.9 | +0.039% | $372.1M | $318.9M | 1000x | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,358.8 | +0.060% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0093% | 4h | 4,349.4 | −0.156% | $30.3M | $58.3M | 50x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,357.8 | +0.036% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,355.1 | −0.025% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,353.9 | −0.053% | $275K | $203K | 50x | as long as short |
| Phemex XAUUSDT | +0.0119% | 4h | 4,357.8 | +0.035% | $2.2M | $1.1M | 100x | as long as short |
| Hotstuff GOLD-PERP | +0.0120% | 1h | 4,355.2 | −0.023% | $33K | — | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0124% | 1h | 4,357.8 | +0.036% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,350.3 | −0.136% | $47K | $77K | 25x | as long as short |
| Bybit XAUUSDT | +0.0199% | 4h | 4,359.3 | +0.070% | $84.5M | $145.4M | 150x | as long as short |
| Bullet GOLD-USD | +0.0200% | 1h | 4,358.4 | +0.050% | $60K | $83K | 10x | as long as short |
| Bitget XAUUSDT | +0.0212% | 4h | 4,358 | +0.041% | $70.2M | $109.4M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0232% | 1h | 4,356.9 | +0.016% | $278K | $727K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0253% | 8h | 4,359.1 | +0.066% | $165.2M | $282.7M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,355.5 | −0.016% | $594K | $133K | 25x | as long as short |
| BloFin XAU-USDTlong | +0.0296% | 4h | 4,356.2 | long leg | $15.5M | $4.6M | 100x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0401% / S −0.0213% | 1h | 4,358.4 | +0.050% | $249K | — | 111x | as long as short |
| Bluefin GOLD-PERP | +0.0463% | 1h | 4,351.3 | −0.114% | $25K | $14K | 20x | as long as short |
| HTX XAU-USDT | +0.0566% | 4h | 4,364.4 | +0.188% | $2.9M | $4.2M | 75x | as long as short |
QFEX GOLD-USD
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
GRVT XAU_USDT_Perp
Lighter XAU
Variational Omni XAU
Lighter RH XAU
Binance XAUUSDT
MEXC XAU_USDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Phemex XAUUSDT
Hotstuff GOLD-PERP
Polymarket Perps GOLD-USD
Phoenix GOLD
Bybit XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
HTX XAU-USDT