Funding you earn now, next payment 02:00 UTC−0.0348%/8h= −38.1% APRnext payment −$0.43 per $10,000 · paid last 24h −0.089%
Price spread now: Vest against GMX+0.796%7-day average +0.860% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.298%−$30 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.796%, 7d avg +0.860%
=Together, before fees−0.332%+ Points / potential airdropVest: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Vest is 0.064% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.860%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX GOLD/USD [ETH-USDC] | 4,361.5 | L +0.0394% / S −0.0199% | pay 0.0049% / 1h | 59m 05s | $254K | — | 111x |
| Short | Vest GC-PERP | 4,396.2 | 0.0046 | get 0.0006% / 1h | 59m 05s | — | $1.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against GMX. 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
- −$73.07
- Price spread: +0.796% → +0.860%
- −$6.37
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$93.43
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Vest: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
GMX and Vest: 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-PERP | −0.0167% | 1h | 4,355.4 | −0.139% | $26K | $22K | 20x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,361.8 | +0.007% | $69.8M | $241.9M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,361.3 | −0.005% | $264.7M | $400.2M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,360 | −0.034% | $4.0M | $36.4M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,365.4 | +0.089% | $93K | $10.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,357.4 | −0.094% | $269K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,357.5 | −0.091% | $13.5M | $43.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.253% | $619 | $54 | 52x | as long as short |
| Variational Omni XAU | +0.0040% | 4h | 4,362 | +0.012% | $48.4M | $28.5M | — | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,363 | +0.035% | $3.8M | $4.7M | 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 | +0.0045% | 1h | 4,362.7 | +0.028% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERPshort | +0.0046% | 1h | 4,396.2 | +0.796% | — | $1.0M | 25x | |
| Hotstuff GOLD-PERP | +0.0048% | 1h | 4,359.9 | −0.036% | $33K | — | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,357 | −0.103% | $294.0M | $51.8M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,361 | −0.011% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,358.8 | −0.061% | $14.8M | $57.3M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,359.6 | −0.043% | $48K | $64K | 25x | as long as short |
| MEXC XAU_USDT | +0.0058% | 4h | 4,361 | −0.011% | $372.3M | $318.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0060% | 4h | 4,361.4 | −0.001% | $411.5M | $2.13B | 100x | as long as short |
| edgeX XAUUSDC | +0.0063% | 4h | 4,356.5 | −0.113% | $30.3M | $60.4M | 50x | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,361.6 | +0.004% | $20.2M | $40.5M | 25x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,359.9 | −0.037% | $20.6M | $43.2M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,358.6 | −0.066% | $2.0M | $5.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0088% | 8h | 4,363.3 | +0.043% | $19K | $5K | 5x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,360.8 | −0.015% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,360.1 | −0.031% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,359.2 | −0.053% | $275K | $204K | 50x | as long as short |
| Bitget XAUUSDT | +0.0112% | 4h | 4,360.1 | −0.032% | $69.5M | $111.5M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0117% | 1h | 4,359.8 | −0.038% | $235K | $659K | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,362.9 | +0.032% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0152% | 4h | 4,362.3 | +0.018% | $1.4M | $3.1M | 25x | as long as short |
| Bullet GOLD-USD | +0.0155% | 1h | 4,362.6 | +0.025% | $59K | $82K | 10x | as long as short |
| Bybit XAUUSDT | +0.0195% | 4h | 4,361.1 | −0.009% | $83.6M | $145.1M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0216% | 8h | 4,361.7 | +0.005% | $164.2M | $286.6M | 100x | as long as short |
| BloFin XAU-USDT | +0.0241% | 4h | 4,362.7 | +0.029% | $15.4M | $4.6M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,358.7 | −0.063% | $594K | $141K | 25x | as long as short |
| Phemex XAUUSDT | +0.0291% | 4h | 4,364.2 | +0.061% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC]long | L +0.0394% / S −0.0199% | 1h | 4,361.5 | long leg | $254K | — | 111x | |
| HTX XAU-USDT | +0.0558% | 4h | 4,368 | +0.149% | $2.9M | $3.9M | 75x | as long as short |
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Variational Omni XAU
StandX XAU-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Phoenix GOLD
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Lighter RH XAU
Lighter XAU
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
RISEx XAU/USDC
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Bybit XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
HTX XAU-USDT