Funding you earn now, next payment 12:00 UTC+0.0200%/8h= +21.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.057%
Price spread now: Bitget against SunX−0.092%60s7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.691% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.092%, 7d avg −0.090%
=The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 60 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 | SunX XAU-USDT | 4,335.5 | 0 | get 0.0000% / 4h | 1h 04m | $92K | $5.7M | 20x |
| Short | Bitget XAUUSDT | 4,331.5 | 0.0200 | get 0.0100% / 4h | 1h 04m | $72.6M | $139.9M | 100x |
SunX XAU-USDT
Bitget XAUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- $42
- Price spread: −0.092% → −0.090%
- −$0.24
- Slippage, 4 orders
- −$49.09
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$27.34
- Costs to cover
- 0.691%
- Break-even
- 11.6 days
Slippage from SunX: live order book, 8 min ago; Bitget: 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 SunX live order book, 8 min ago | 23.55 bp | 27.5 bp −$28 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.01 bp | 6.0 bp −$6 | 7.0 bp −$70 | 11.8 bp −$1,185 | doesn't fit |
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 | 4,330.6 | −0.113% | $35K | $3K | 25x | as long as short |
| SunX XAU-USDTlong | 0.0000% | 4h | 4,335.5 | long leg | $92K | $5.7M | 20x | |
| Coinbase International GOLD-PERP-INTX | 0.0000% | 1h | 4,329 | −0.150% | $2.1M | $5.0M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,327.1 | −0.194% | $304K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.344% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,332.9 | −0.060% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,331.4 | −0.095% | $6.7M | $3.2M | 20x | as long as short |
| Aster XAUUSD1 | +0.0043% | 4h | 4,333.1 | −0.056% | $71.8M | $276.6M | 20x | as long as short |
| Bluefin GOLD-PERP | +0.0045% | 1h | 4,325.2 | −0.238% | $25K | $1K | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,365.2 | +0.685% | — | $1.0M | 25x | as long as short |
Hotstuff GOLD-PERP
Coinbase International GOLD-PERP-INTX
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Aster XAUUSD1
Bluefin GOLD-PERP
Vest GC-PERPShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,329 | −0.150% | $292.6M | $51.6M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,327.9 | −0.175% | $15.2M | $59.7M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0055% | 8h | 4,331.3 | −0.098% | $2K | $13K | 5x | as long as short |
| Variational Omni XAU | +0.0069% | 4h | 4,331.2 | −0.099% | $47.2M | $28.4M | — | as long as short |
| Gate XAU_USDT | +0.0072% | 4h | 4,332.5 | −0.070% | $299.9M | $452.3M | 100x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,331.2 | −0.099% | $20.1M | $30.6M | 25x | as long as short |
| MEXC XAU_USDT | +0.0082% | 4h | 4,331.7 | −0.088% | $367.2M | $358.2M | 1000x | as long as short |
| Binance XAUUSDT | +0.0083% | 4h | 4,331.3 | −0.097% | $442.0M | $2.42B | 100x | as long as short |
| edgeX XAUUSDC | +0.0086% | 4h | 4,328.1 | −0.171% | $30.3M | $66.5M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0092% | 4h | 4,332.4 | −0.073% | $1.4M | $3.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,328.2 | −0.168% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,330.4 | −0.118% | $287K | $227K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,330.3 | −0.119% | $160K | $87 | 10x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,333.9 | −0.037% | $19.6M | $40.5M | 25x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,329.8 | −0.132% | $43K | $71K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0143% | 1h | 4,329.2 | −0.146% | $135K | $662K | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0144% | 24h | 4,332 | −0.081% | $3.5M | $51.5M | 15x | as long as short |
| Bybit XAUUSDT | +0.0156% | 4h | 4,332.7 | −0.066% | $82.9M | $166.9M | 150x | as long as short |
| Polymarket Perps GOLD-USD | +0.0160% | 1h | 4,331.2 | −0.099% | $4.3M | $1.7M | 20x | as long as short |
| Phemex XAUUSDT | +0.0166% | 4h | 4,333.8 | −0.040% | $2.3M | $775K | 100x | as long as short |
| Bullet GOLD-USD | +0.0179% | 1h | 4,331.5 | −0.094% | $59K | $77K | 10x | as long as short |
| Extended XAU-USD | +0.0192% | 1h | 4,328 | −0.172% | $12.5M | $34.2M | 25x | as long as short |
| Bitget XAUUSDTshort | +0.0200% | 4h | 4,331.5 | −0.092% | $72.6M | $139.9M | 100x | |
| RISEx XAU/USDC | +0.0205% | 1h | 4,331.6 | −0.091% | $4.7M | $13.3M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0228% | 8h | 4,332.2 | −0.076% | $171.2M | $361.9M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0254% | 1h | 4,328.7 | −0.157% | $583K | $166K | 25x | as long as short |
| BloFin XAU-USDT | +0.0324% | 4h | 4,332.8 | −0.062% | $16.4M | $5.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0308% | 1h | 4,332.4 | −0.072% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1035% | 4h | 4,338.4 | +0.066% | $3.2M | $7.1M | 75x | as long as short |
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Paradex XAU-USD-PERP
Variational Omni XAU
Gate XAU_USDT
Lighter XAU
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
Lighter RH XAU
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
Kalshi KXGOLDPERP
Bybit XAUUSDT
Polymarket Perps GOLD-USD
Phemex XAUUSDT
Bullet GOLD-USD
Extended XAU-USD
RISEx XAU/USDC
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT