Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.022%
Price spread now: Coinbase International against RISEx−0.093%7-day average −0.112% · 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−$17as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 3 days (all we have)+0.395%+$40 on $10k
+Price spread, last 3 days (all we have)+0.008%+$1 · spread now −0.093%, 7d avg −0.112%
=The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAU/USDC | 4,362.5 | 0.0048 | pay 0.0006% / 1h | 59m 50s | $3.4M | $12.4M | 25x |
| Short | Coinbase International GOLD-PERP-INTX | 4,358.5 | 0.0096 | get 0.0012% / 1h | 59m 50s | $2.0M | $5.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against RISEx. 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
- $10.14
- Price spread: −0.093% → −0.112%
- $1.94
- Slippage, 4 orders
- −$2.82
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$6.74
- Costs to cover
- 0.188%
- Break-even
- 11.6 days
Slippage from RISEx: live order book, 4 min ago; Coinbase International: live order book, 4 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 RISEx live order book, 4 min ago | 0.01 bp | 3.5 bp −$4 | 4.1 bp −$41 | 30.7 bp −$3,075 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 1.03 bp | 6.2 bp −$6 | 7.1 bp −$71 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,364.1 | +0.035% | $69.9M | $239.2M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,364.4 | +0.043% | $265.3M | $423.5M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,359.7 | −0.065% | $4.0M | $36.7M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,367.3 | +0.108% | $93K | $10.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,358.4 | −0.096% | $269K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,358.7 | −0.088% | $13.5M | $43.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.278% | $619 | $54 | 52x | as long as short |
| Variational Omni XAU | +0.0040% | 4h | 4,362 | −0.013% | $48.4M | $28.5M | — | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,363.9 | +0.031% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,362.9 | +0.008% | $5.6M | $1.9M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,395.9 | +0.765% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDClong | +0.0048% | 1h | 4,362.5 | long leg | $3.4M | $12.4M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,358.8 | −0.086% | $294.2M | $51.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,358.5 | −0.092% | $14.8M | $57.2M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,359.6 | −0.067% | $48K | $64K | 25x | as long as short |
| MEXC XAU_USDT | +0.0056% | 4h | 4,362.9 | +0.009% | $372.8M | $331.7M | 1000x | as long as short |
| Binance XAUUSDT | +0.0059% | 4h | 4,363.8 | +0.028% | $411.7M | $2.14B | 100x | as long as short |
| edgeX XAUUSDC | +0.0063% | 4h | 4,356.5 | −0.137% | $30.3M | $60.4M | 50x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,361.4 | −0.027% | $20.6M | $44.6M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0088% | 8h | 4,362.9 | +0.007% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,364 | +0.034% | $20.2M | $41.5M | 25x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,361.7 | −0.019% | $162K | $87 | 10x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | +0.0096% | 1h | 4,358.5 | −0.093% | $2.0M | $5.0M | 25x | |
| Pacifica XAU | +0.0100% | 1h | 4,360 | −0.058% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,359.2 | −0.078% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,355.2 | −0.169% | $26K | $22K | 20x | as long as short |
| Bitget XAUUSDT | +0.0110% | 4h | 4,364.3 | +0.040% | $69.7M | $112.2M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0116% | 1h | 4,361.5 | −0.024% | $4.3M | $1.8M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0128% | 1h | 4,358.3 | −0.097% | $33K | — | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0142% | 4h | 4,362.6 | +0.002% | $1.4M | $3.1M | 25x | as long as short |
| Bybit XAUUSDT | +0.0197% | 4h | 4,364.4 | +0.043% | $83.7M | $144.8M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0209% | 1h | 4,360.6 | −0.044% | $235K | $658K | 25x | as long as short |
| Bullet GOLD-USD | +0.0214% | 1h | 4,362.9 | +0.008% | $59K | $82K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0216% | 8h | 4,364.8 | +0.052% | $164.3M | $287.6M | 100x | as long as short |
| BloFin XAU-USDT | +0.0225% | 4h | 4,362.7 | +0.005% | $15.4M | $4.6M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,359.7 | −0.065% | $595K | $141K | 25x | as long as short |
| Phemex XAUUSDT | +0.0323% | 4h | 4,365.5 | +0.068% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,362.9 | +0.009% | $254K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0559% | 4h | 4,367.1 | +0.105% | $2.9M | $3.9M | 75x | as long as short |
RISEx XAU/USDC
Coinbase International GOLD-PERP-INTX
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
Phoenix GOLD
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Lighter XAU
Paradex XAU-USD-PERP
Lighter RH XAU
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Bitget XAUUSDT
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT