Funding you earn now, next payment 08:00 UTC−0.0597%/8h= −65.4% APRnext payment −$0.75 per $10,000 · paid last 24h −0.015%
Price spread now: Vest against RISEx+0.742%7-day average +0.822% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.025%−$3 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now +0.742%, 7d avg +0.822%
=Together, before fees+0.061%+ Points / potential airdropVest: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Vest is 0.081% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.822%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.025% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAU/USDC | 4,324.5 | 0.0643 | pay 0.0080% / 1h | 31m 30s | $4.6M | $13.3M | 25x |
| Short | Vest GC-PERP | 4,356.6 | 0.0046 | get 0.0006% / 1h | 31m 30s | — | $1.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$125.4
- Price spread: +0.742% → +0.822%
- −$8.06
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$141.45
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; 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 RISEx live order book, 3 min ago | 0.01 bp | 3.0 bp −$3 | 3.9 bp −$39 | 33.6 bp −$3,357 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −0.0096% | 1h | 4,322.5 | −0.047% | $32K | — | 25x | as long as short |
| Bluefin GOLD-PERP | −0.0086% | 1h | 4,318.6 | −0.137% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,328.4 | +0.089% | $92K | $7.3M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,321.6 | −0.068% | $270K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.599% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,327.2 | +0.062% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,324.1 | −0.010% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERPshort | +0.0046% | 1h | 4,356.6 | +0.742% | — | $1.0M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,321.4 | −0.072% | $291.7M | $51.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,320.3 | −0.098% | $15.0M | $55.6M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUUSDT | +0.0054% | 4h | 4,325.6 | +0.024% | $77.7M | $152.8M | 150x | as long as short |
| Aster XAUUSD1 | +0.0058% | 4h | 4,326 | +0.035% | $72.9M | $271.9M | 20x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,323.5 | −0.023% | $20.5M | $29.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0065% | 8h | 4,324.1 | −0.009% | $2K | $14K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,320.5 | −0.093% | $2.1M | $4.8M | 25x | as long as short |
| Variational Omni XAU | +0.0089% | 4h | 4,324.9 | +0.009% | $47.2M | $29.3M | — | as long as short |
| Kalshi KXGOLDPERP | +0.0093% | 24h | 4,325.7 | +0.027% | $3.8M | $44.6M | 15x | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,323.3 | −0.028% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,321 | −0.081% | $1.4M | $1.2M | 10x | as long as short |
| MEXC XAU_USDT | +0.0100% | 4h | 4,324.9 | +0.009% | $362.9M | $327.8M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0100% | 4h | 4,326.8 | +0.052% | $1.4M | $3.0M | 25x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,320.9 | −0.085% | $272K | $208K | 50x | as long as short |
| Binance XAUUSDT | +0.0101% | 4h | 4,324.6 | +0.002% | $425.1M | $2.13B | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,323.7 | −0.019% | $160K | $87 | 10x | as long as short |
| Gate XAU_USDT | +0.0108% | 4h | 4,326.6 | +0.048% | $285.8M | $416.7M | 100x | as long as short |
| edgeX XAUUSDC | +0.0117% | 4h | 4,322.9 | −0.036% | $30.1M | $59.6M | 50x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,326.2 | +0.038% | $20.0M | $39.2M | 25x | as long as short |
| Extended XAU-USD | +0.0128% | 1h | 4,320.6 | −0.090% | $13.2M | $36.8M | 25x | as long as short |
| Bitget XAUUSDT | +0.0194% | 4h | 4,324.4 | −0.004% | $70.1M | $118.5M | 100x | as long as short |
| Bullet GOLD-USD | +0.0206% | 1h | 4,324.4 | −0.003% | $58K | $81K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0219% | 1h | 4,324.3 | −0.005% | $4.3M | $1.9M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,322.1 | −0.056% | $578K | $135K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0236% | 1h | 4,322.4 | −0.049% | $163K | $872K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0276% | 8h | 4,325.3 | +0.018% | $173.9M | $299.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0341% | 4h | 4,324.9 | +0.009% | $16.4M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0370% | 4h | 4,327.2 | +0.062% | $2.2M | $975K | 100x | as long as short |
| HTX XAU-USDT | +0.0424% | 4h | 4,331.1 | +0.151% | $3.2M | $5.9M | 75x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,324.3 | −0.006% | $253K | — | 111x | as long as short |
| RISEx XAU/USDClong | +0.0643% | 1h | 4,324.5 | long leg | $4.6M | $13.3M | 25x |
RISEx XAU/USDC
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Bybit XAUUSDT
Aster XAUUSD1
Lighter XAU
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Variational Omni XAU
Kalshi KXGOLDPERP
Phoenix GOLD
Pacifica XAU
MEXC XAU_USDT
GRVT XAU_USDT_Perp
ApeX Omni XAUUSDT
Binance XAUUSDT
Gate XAU_USDT
edgeX XAUUSDC
Lighter RH XAU
Extended XAU-USD
Bitget XAUUSDT
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
HTX XAU-USDT
GMX GOLD/USD [ETH-USDC]