Funding you earn now, next payment 11:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.040%
Price spread now: edgeX against Deribit−0.014%75s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.194% of the position
Funding, last 4 days (all we have)−0.686%−$69 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.014%, 7d avg −0.050%
=Together, before fees−0.805%+ Points / potential airdropedgeX: Active · farm board−$80 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.036% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.050%. Mind the row above: over the last 4 days funding on this pair cost −0.686%, so the current rate has only just turned in your favour. The two prices were read 75 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 | Deribit GOLD_USDC-PERPETUAL | 4,334.5 | 0.0073 | pay 0.0009% / 1h | 43m 58s | $135K | $707K | 25x |
| Short | edgeX XAUUSDC | 4,333.9 | 0.0117 | get 0.0058% / 4h | 1h 43m | $30.3M | $67.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Deribit. 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
- $9.14
- Price spread: −0.014% → −0.050%
- $3.61
- Slippage, 4 orders
- −$3.44
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$6.68
- Costs to cover
- 0.194%
- Break-even
- 12.1 days
Slippage from Deribit: live order book, 3 min ago; edgeX: live order book, 3 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 Deribit live order book, 3 min ago | 0.12 bp | 4.3 bp −$4 | 5.6 bp −$56 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 0.35 bp | 4.8 bp −$5 | 4.9 bp −$49 | 7.9 bp −$794 | 35.5 bp −$17.8K |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −3.2000% | 1h | 4,318.3 | −0.374% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,338.7 | +0.097% | $92K | $5.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | 0.0000% | 1h | 4,330.5 | −0.092% | $2.1M | $5.2M | 25x | as long as short |
| Bluefin GOLD-PERP | +0.0002% | 1h | 4,328.9 | −0.130% | $25K | $1K | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,331.8 | −0.063% | $304K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.367% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,335.5 | +0.023% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,333.7 | −0.018% | $6.7M | $3.2M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,368.2 | +0.777% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,332.4 | −0.048% | $292.5M | $51.6M | 25x | as long as short |
Show all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,330.5 | −0.093% | $15.1M | $59.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0054% | 8h | 4,334.2 | −0.007% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0056% | 4h | 4,336.1 | +0.036% | $72.4M | $276.0M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUALlong | +0.0073% | 1h | 4,334.5 | long leg | $135K | $707K | 25x | |
| Variational Omni XAU | +0.0074% | 4h | 4,333.5 | −0.022% | $47.3M | $29.2M | — | as long as short |
| Polymarket Perps GOLD-USD | +0.0074% | 1h | 4,334.2 | −0.007% | $4.3M | $1.7M | 20x | as long as short |
| Gate XAU_USDT | +0.0078% | 4h | 4,336.9 | +0.056% | $298.2M | $444.9M | 100x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,335.1 | +0.013% | $20.2M | $30.4M | 25x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,337.3 | +0.065% | $19.7M | $40.0M | 25x | as long as short |
| MEXC XAU_USDT | +0.0094% | 4h | 4,334.4 | −0.001% | $367.0M | $353.2M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0094% | 4h | 4,336.8 | +0.053% | $1.4M | $3.1M | 25x | as long as short |
| Binance XAUUSDT | +0.0094% | 4h | 4,334.4 | −0.002% | $442.6M | $2.43B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,331 | −0.081% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,334.5 | 0.000% | $284K | $223K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,334.3 | −0.005% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDCshort | +0.0117% | 4h | 4,333.9 | −0.014% | $30.3M | $67.7M | 50x | |
| Extended XAU-USD | +0.0120% | 1h | 4,331 | −0.081% | $12.5M | $34.6M | 25x | as long as short |
| Bybit XAUUSDT | +0.0121% | 4h | 4,335.9 | +0.032% | $82.8M | $172.2M | 150x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,334.2 | −0.007% | $43K | $71K | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0137% | 24h | 4,336.4 | +0.044% | $3.5M | $51.1M | 15x | as long as short |
| Bullet GOLD-USD | +0.0165% | 1h | 4,335.2 | +0.015% | $59K | $76K | 10x | as long as short |
| RISEx XAU/USDC | +0.0205% | 1h | 4,334.8 | +0.007% | $4.7M | $13.2M | 25x | as long as short |
| Bitget XAUUSDT | +0.0212% | 4h | 4,335 | +0.011% | $72.8M | $139.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0227% | 4h | 4,338.4 | +0.090% | $2.3M | $772K | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0237% | 8h | 4,336.1 | +0.037% | $170.7M | $361.6M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0253% | 1h | 4,332.3 | −0.051% | $583K | $169K | 25x | as long as short |
| BloFin XAU-USDT | +0.0336% | 4h | 4,334.8 | +0.008% | $16.3M | $5.3M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0308% | 1h | 4,334.8 | +0.008% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1076% | 4h | 4,341.1 | +0.153% | $3.2M | $7.1M | 75x | as long as short |
Deribit GOLD_USDC-PERPETUAL
edgeX XAUUSDC
SunX XAU-USDT
Coinbase International GOLD-PERP-INTX
Bluefin GOLD-PERP
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
Aster XAUUSD1
Variational Omni XAU
Polymarket Perps GOLD-USD
Gate XAU_USDT
Lighter XAU
Lighter RH XAU
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Extended XAU-USD
Bybit XAUUSDT
Phoenix GOLD
Kalshi KXGOLDPERP
Bullet GOLD-USD
RISEx XAU/USDC
Bitget XAUUSDT
Phemex XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT