Funding you earn now, next payment 08:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h +0.198%
Price spread now: Bluefin against Bybit−0.161%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Bluefin is 0.161% cheaper against Bybit than usual: you would sell low and buy high (−$16 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 | Bybit XAUUSDT | 4,324 | 0.0026 | pay 0.0013% / 4h | 57m 32s | $76.9M | $154.1M | 150x |
| Short | Bluefin GOLD-PERP | 4,317 | −0.0202 | pay 0.0025% / 1h | 57m 32s | $25K | $1K | 20x |
Bybit XAUUSDT
Bluefin GOLD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against Bybit. 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
- −$47.98
- Price spread: −0.161% → 0.000%
- −$16.12
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$82.1
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Bluefin: 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 Bybit live order book, 2 min ago | 0.01 bp | 5.8 bp −$6 | 6.4 bp −$64 | 11.4 bp −$1,138 | 34.9 bp −$17.4K |
| Sell Bluefin no order-book sample | — | — | — | — | — |
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-PERPshort | −0.0202% | 1h | 4,317 | −0.161% | $25K | $1K | 20x | |
| SunX XAU-USDT | 0.0000% | 4h | 4,327.6 | +0.084% | $92K | $7.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,319.6 | −0.102% | $270K | — | 250x | as long as short |
| Bybit XAUUSDTlong | +0.0026% | 4h | 4,324 | long leg | $76.9M | $154.1M | 150x | |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.612% | $619 | $54 | 52x | as long as short |
| Lighter XAU | +0.0040% | 1h | 4,321.9 | −0.049% | $20.3M | $28.8M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,324.7 | +0.017% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,322.7 | −0.029% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,355.6 | +0.732% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.1 | −0.113% | $291.4M | $51.6M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
Lighter XAU
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,319 | −0.116% | $15.0M | $55.7M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0056% | 1h | 4,320.6 | −0.078% | $32K | — | 25x | as long as short |
| Aster XAUUSD1 | +0.0060% | 4h | 4,324.5 | +0.012% | $72.7M | $273.0M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,320.9 | −0.071% | $2.1M | $4.9M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0073% | 8h | 4,322.6 | −0.032% | $2K | $14K | 5x | as long as short |
| Kalshi KXGOLDPERP | +0.0085% | 24h | 4,324.8 | +0.019% | $3.8M | $44.3M | 15x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,324.8 | +0.019% | $20.0M | $38.5M | 25x | as long as short |
| Variational Omni XAU | +0.0094% | 4h | 4,321.5 | −0.058% | $47.2M | $29.1M | — | as long as short |
| GRVT XAU_USDT_Perp | +0.0098% | 4h | 4,321.8 | −0.050% | $1.4M | $3.0M | 25x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,317.3 | −0.154% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,319.3 | −0.108% | $1.4M | $1.2M | 10x | as long as short |
| MEXC XAU_USDT | +0.0100% | 4h | 4,323.2 | −0.019% | $365.1M | $324.4M | 1000x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,318.8 | −0.120% | $272K | $208K | 50x | as long as short |
| Binance XAUUSDT | +0.0100% | 4h | 4,322.8 | −0.027% | $424.5M | $2.14B | 100x | as long as short |
| Gate XAU_USDT | +0.0102% | 4h | 4,324.4 | +0.010% | $279.2M | $407.6M | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.6 | −0.031% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0110% | 4h | 4,319 | −0.115% | $30.1M | $59.2M | 50x | as long as short |
| Extended XAU-USD | +0.0136% | 1h | 4,319.1 | −0.114% | $12.9M | $36.1M | 25x | as long as short |
| Bullet GOLD-USD | +0.0166% | 1h | 4,323.3 | −0.016% | $59K | $81K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0167% | 1h | 4,322.3 | −0.039% | $163K | $872K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0183% | 1h | 4,323.4 | −0.013% | $4.3M | $2.0M | 20x | as long as short |
| Bitget XAUUSDT | +0.0206% | 4h | 4,322.6 | −0.031% | $67.6M | $117.9M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,320.5 | −0.080% | $577K | $136K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0293% | 8h | 4,323.3 | −0.015% | $173.3M | $300.7M | 100x | as long as short |
| HTX XAU-USDT | +0.0340% | 4h | 4,327.9 | +0.090% | $3.2M | $5.8M | 75x | as long as short |
| BloFin XAU-USDT | +0.0340% | 4h | 4,322.8 | −0.026% | $16.3M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0363% | 4h | 4,325.9 | +0.045% | $2.2M | $975K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,323.6 | −0.008% | $252K | — | 111x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,326.5 | +0.059% | $4.1M | $12.8M | 25x | as long as short |
Ondo Perps XAU-USD.P
Hotstuff GOLD-PERP
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Kalshi KXGOLDPERP
Lighter RH XAU
Variational Omni XAU
GRVT XAU_USDT_Perp
Phoenix GOLD
Pacifica XAU
MEXC XAU_USDT
ApeX Omni XAUUSDT
Binance XAUUSDT
Gate XAU_USDT
Aevo XAU-PERP
edgeX XAUUSDC
Extended XAU-USD
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Polymarket Perps GOLD-USD
Bitget XAUUSDT
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
HTX XAU-USDT
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
RISEx XAU/USDC