XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0307%/8h= +33.6% APRnext payment +$0.38 per $10,000 · paid last 24h −0.184%

Price spread now: Deribit against Bluefin+0.174%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bluefin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 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 +$9 a day on $10k at the current rate, and Deribit is 0.174% dearer against Bluefin than usual: you sell high and buy low: +$17 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	4,326.7	−0.0049	get 0.0006% / 1h	9m 35s	$25K	$14K	20x
Short	Deribit GOLD_USDC-PERPETUAL	4,334.2	0.0258	get 0.0032% / 1h	9m 35s	$195K	$826K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bluefin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BluefinbpFee DeribitbpOrdersPrice spread, now +0.174%Rate

Funding earned: $64.37
Price spread: +0.174% → 0.000%: $17.38
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $67.75
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Bluefin: no order-book sample; Deribit: live order book, 39 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 Deribit live order book, 39 min ago	0.12 bp	3.6 bp −$4	4.6 bp −$46	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
Bluefin GOLD-PERPlong	−0.0049%	1h	4,326.7	long leg	$25K	$14K	20x
SunX XAU-USDT	0.0000%	4h	4,337.6	+0.253%	$92K	$8.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,329.9	+0.073%	$271K	—	250x	as long as short
Bybit XAUUSDT	+0.0006%	4h	4,335.3	+0.199%	$78.4M	$156.7M	150x	as long as short
Extended XAU-USD	+0.0032%	1h	4,330.2	+0.080%	$13.1M	$36.8M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.549%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,333.7	+0.162%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,332.7	+0.139%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,367	+0.932%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,332.8	+0.141%	$20.4M	$31.8M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,330.3	+0.084%	$292.0M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,330.4	+0.086%	$15.0M	$56.5M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,335.5	+0.203%	$3.8M	$12.5M	25x	as long as short
Kalshi KXGOLDPERP	+0.0063%	24h	4,334.7	+0.185%	$4.0M	$42.2M	15x	as long as short
Gate XAU_USDT	+0.0064%	4h	4,334.9	+0.191%	$272.0M	$416.9M	100x	as long as short
Lighter RH XAU	+0.0072%	1h	4,335.3	+0.198%	$19.9M	$39.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,330.9	+0.098%	$2.0M	$4.8M	25x	as long as short
Paradex XAU-USD-PERP	+0.0072%	8h	4,334.2	+0.173%	$19K	$5K	5x	as long as short
Aster XAUUSD1	+0.0097%	4h	4,334.9	+0.190%	$72.3M	$330.2M	20x	as long as short
Pacifica XAU	+0.0100%	1h	4,330.5	+0.088%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,330	+0.077%	$273K	$208K	50x	as long as short
Variational Omni XAU	+0.0101%	4h	4,331.5	+0.111%	$46.8M	$28.6M	—	as long as short
Hotstuff GOLD-PERP	+0.0104%	1h	4,331.4	+0.109%	$32K	—	25x	as long as short
GRVT XAU_USDT_Perp	+0.0104%	4h	4,333.5	+0.156%	$1.4M	$3.0M	25x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,333.8	+0.165%	$363.9M	$330.8M	1000x	as long as short
Binance XAUUSDT	+0.0111%	4h	4,334.3	+0.177%	$414.8M	$2.12B	100x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,333.8	+0.166%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0126%	4h	4,327.8	+0.026%	$30.1M	$60.3M	50x	as long as short
Phoenix GOLD	+0.0127%	1h	4,326.6	−0.002%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0160%	1h	4,333.7	+0.162%	$58K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0177%	1h	4,334.4	+0.178%	$4.2M	$2.0M	20x	as long as short
HTX XAU-USDT	+0.0232%	4h	4,336.7	+0.232%	$2.8M	$5.0M	75x	as long as short
Kraken Futures PF_XAUUSD	+0.0247%	1h	4,331.5	+0.111%	$590K	$130K	25x	as long as short
Bitget XAUUSDT	+0.0254%	4h	4,334.3	+0.176%	$68.1M	$118.9M	100x	as long as short
Deribit GOLD_USDC-PERPETUALshort	+0.0258%	1h	4,334.2	+0.174%	$195K	$826K	25x
OKX XAU-USDT-SWAP	+0.0331%	8h	4,334.5	+0.181%	$170.5M	$297.5M	100x	as long as short
BloFin XAU-USDT	+0.0359%	4h	4,333.3	+0.154%	$16.0M	$4.5M	100x	as long as short
Phemex XAUUSDT	+0.0387%	4h	4,335.2	+0.198%	$2.2M	$962K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0460% / S −0.0302%	1h	4,334	+0.169%	$253K	—	111x	as long as short