Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h −0.234%
Price spread now: Coinbase International against Bluefin+0.058%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.058% dearer against Bluefin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin GOLD-PERP | 4,335.3 | 0.0002 | pay 0.0000% / 1h | 39m 06s | $25K | $14K | 20x |
| Short | Coinbase International GOLD-PERP-INTX | 4,337.8 | 0.0056 | get 0.0007% / 1h | 39m 06s | $2.1M | $4.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bluefin. 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
- $11.36
- Price spread: +0.058% → 0.000%
- $5.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $0.19
- Costs to cover
- 0.170%
- Break-even
- 6.9 days
Slippage unknown: Bluefin: no order-book sample; Coinbase International: 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 Bluefin no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 5 min ago | 0.58 bp | 5.7 bp −$6 | 7.6 bp −$76 | doesn't fit | doesn't fit |
Bluefin: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,345.4 | +0.233% | $92K | $8.7M | 20x | as long as short |
| Bluefin GOLD-PERPlong | +0.0002% | 1h | 4,335.3 | long leg | $25K | $14K | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,336.9 | +0.038% | $271K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0005% | 1h | 4,340.4 | +0.118% | $3.5M | $12.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0020% | 4h | 4,342.6 | +0.169% | $267.7M | $414.4M | 100x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,338.5 | +0.075% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,336.9 | +0.038% | $13.2M | $37.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.349% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,342.1 | +0.158% | $20.0M | $39.3M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,342 | +0.155% | $3.8M | $4.5M | 40x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0042% | 1h | 4,338.9 | +0.084% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,373.5 | +0.882% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,340.1 | +0.110% | $20.8M | $34.5M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,338.5 | +0.075% | $293.5M | $49.2M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,337.7 | +0.057% | $15.1M | $56.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,338.4 | +0.072% | $4.3M | $37.4M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | +0.0056% | 1h | 4,337.8 | +0.058% | $2.1M | $4.8M | 25x | |
| Bybit XAUUSDT | +0.0062% | 4h | 4,341.8 | +0.150% | $80.4M | $151.5M | 150x | as long as short |
| Aster XAUUSD1 | +0.0078% | 4h | 4,341.9 | +0.152% | $71.4M | $332.3M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0084% | 8h | 4,341 | +0.133% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0087% | 4h | 4,340.5 | +0.120% | $48.3M | $27.7M | — | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,337.4 | +0.049% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,339.3 | +0.092% | $274K | $203K | 50x | as long as short |
| MEXC XAU_USDT | +0.0104% | 4h | 4,341.1 | +0.134% | $370.4M | $319.3M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,340.5 | +0.120% | $161K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0105% | 4h | 4,341 | +0.133% | $416.9M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0118% | 4h | 4,336.3 | +0.024% | $30.1M | $58.3M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,339.8 | +0.104% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0174% | 4h | 4,341 | +0.133% | $1.4M | $2.9M | 25x | as long as short |
| Bullet GOLD-USD | +0.0216% | 1h | 4,341.2 | +0.137% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0216% | 1h | 4,341 | +0.132% | $4.3M | $1.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0248% | 4h | 4,341.6 | +0.146% | $71.0M | $109.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,338.2 | +0.069% | $592K | $132K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0280% | 1h | 4,339.6 | +0.100% | $205K | $827K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0319% | 8h | 4,341.7 | +0.148% | $166.5M | $281.7M | 100x | as long as short |
| Phemex XAUUSDT | +0.0349% | 4h | 4,344.1 | +0.203% | $2.2M | $967K | 100x | as long as short |
| BloFin XAU-USDT | +0.0372% | 4h | 4,341.7 | +0.149% | $15.6M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0427% / S −0.0252% | 1h | 4,341.1 | +0.136% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0609% | 4h | 4,345.7 | +0.241% | $2.8M | $4.6M | 75x | as long as short |
Bluefin GOLD-PERP
Coinbase International GOLD-PERP-INTX
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Gate XAU_USDT
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
Lighter XAU
tradeXYZ xyz:GOLD
Kalshi KXGOLDPERP
Bybit XAUUSDT
Aster XAUUSD1
Paradex XAU-USD-PERP
Variational Omni XAU
Pacifica XAU
ApeX Omni XAUUSDT
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Phoenix GOLD
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Bitget XAUUSDT
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Phemex XAUUSDT
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT