Funding you earn now, next payment 07:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.189%
Price spread now: Bluefin against Coinbase International−0.031%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
Funding pays, the price is against you. Bluefin is 0.031% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 10 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOLD-PERP-INTX | 4,303.4 | 0.0072 | pay 0.0009% / 1h | 4m 05s | $2.0M | $5.1M | 25x |
| Short | Bluefin GOLD-PERP | 4,302.1 | 0.0082 | get 0.0010% / 1h | 4m 05s | $25K | $1K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against Coinbase International. 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
- $2.15
- Price spread: −0.031% → 0.000%
- −$3.14
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$17.99
- Costs to cover
- 0.170%
- Break-even
- 65.7 days
Slippage unknown: Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago | 0.58 bp | 8.0 bp −$8 | 9.6 bp −$96 | 63.7 bp −$6,371 | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,310.6 | +0.168% | $92K | $7.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,302.7 | −0.015% | $268K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +1.093% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,305.2 | +0.042% | $6.6M | $3.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,338.4 | +0.813% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,302.9 | −0.012% | $289.7M | $52.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,302.9 | −0.012% | $15.0M | $55.3M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0056% | 1h | 4,303.4 | 0.000% | $32K | — | 25x | as long as short |
| Aster XAUUSD1 | +0.0057% | 4h | 4,307.9 | +0.104% | $72.8M | $271.9M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0062% | 8h | 4,305.6 | +0.051% | $2K | $14K | 5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUUSDT | +0.0071% | 4h | 4,307.2 | +0.088% | $77.2M | $155.6M | 150x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,305.6 | +0.050% | $20.2M | $30.2M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTXlong | +0.0072% | 1h | 4,303.4 | long leg | $2.0M | $5.1M | 25x | |
| Bluefin GOLD-PERPshort | +0.0082% | 1h | 4,302.1 | −0.031% | $25K | $1K | 20x | |
| Phoenix GOLD | +0.0096% | 1h | 4,305.5 | +0.049% | $42K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,303.2 | −0.005% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,304 | +0.013% | $269K | $214K | 50x | as long as short |
| Kalshi KXGOLDPERP | +0.0100% | 24h | 4,308.3 | +0.114% | $3.7M | $45.5M | 15x | as long as short |
| Variational Omni XAU | +0.0101% | 4h | 4,306.5 | +0.073% | $46.7M | $29.3M | — | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,308.1 | +0.109% | $19.9M | $40.3M | 25x | as long as short |
| Extended XAU-USD | +0.0104% | 1h | 4,302.4 | −0.024% | $13.1M | $36.7M | 25x | as long as short |
| MEXC XAU_USDT | +0.0110% | 4h | 4,306.7 | +0.076% | $367.7M | $342.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0111% | 4h | 4,306.5 | +0.072% | $428.9M | $2.16B | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,306.1 | +0.062% | $159K | $87 | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0114% | 4h | 4,308 | +0.106% | $1.4M | $3.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0116% | 4h | 4,308.6 | +0.120% | $287.4M | $432.3M | 100x | as long as short |
| edgeX XAUUSDC | +0.0130% | 4h | 4,304.2 | +0.018% | $29.9M | $60.3M | 50x | as long as short |
| StandX XAU-USD | +0.0149% | 1h | 4,310 | +0.153% | $3.8M | $4.5M | 40x | as long as short |
| Bitget XAUUSDT | +0.0190% | 4h | 4,306.5 | +0.073% | $70.4M | $121.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0192% | 1h | 4,305.2 | +0.042% | $136K | $865K | 25x | as long as short |
| Bullet GOLD-USD | +0.0199% | 1h | 4,306.8 | +0.078% | $59K | $81K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0222% | 1h | 4,306.8 | +0.079% | $4.3M | $1.8M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0229% | 1h | 4,304.1 | +0.016% | $572K | $138K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0260% | 8h | 4,306 | +0.060% | $174.2M | $307.7M | 100x | as long as short |
| BloFin XAU-USDT | +0.0369% | 4h | 4,306.5 | +0.071% | $16.6M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0464% / S −0.0311% | 1h | 4,306.5 | +0.073% | $253K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0497% | 4h | 4,311.4 | +0.185% | $2.2M | $951K | 100x | as long as short |
| HTX XAU-USDT | +0.0545% | 4h | 4,312.6 | +0.214% | $3.2M | $6.1M | 75x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,306.6 | +0.074% | $4.5M | $13.1M | 25x | as long as short |
Coinbase International GOLD-PERP-INTX
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
tradeXYZ xyz:GOLD
Aster XAUUSD1
Paradex XAU-USD-PERP
Bybit XAUUSDT
Lighter XAU
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Kalshi KXGOLDPERP
Variational Omni XAU
Lighter RH XAU
Extended XAU-USD
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
Gate XAU_USDT
edgeX XAUUSDC
StandX XAU-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
RISEx XAU/USDC