Funding you earn now, next payment 01:00 UTC+0.0266%/8h= +29.2% APRnext payment +$0.33 per $10,000 · paid last 24h −0.189%
Price spread now: Deribit against Bluefin+0.106%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Deribit is 0.106% dearer against Bluefin than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin GOLD-PERP | 4,369.4 | −0.0105 | get 0.0013% / 1h | 45m 57s | $26K | $21K | 20x |
| Short | Deribit GOLD_USDC-PERPETUAL | 4,374 | 0.0162 | get 0.0020% / 1h | 45m 57s | $236K | $655K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bluefin. 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
- $55.91
- Price spread: +0.106% → 0.000%
- $10.6
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $52.5
- Costs to cover
- 0.140%
- Break-even
- 0.4 days
Slippage unknown: Bluefin: no order-book sample; Deribit: live order book, 28 min ago. 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 Bluefin no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 28 min ago | 0.11 bp | 9.5 bp −$10 | 10.4 bp −$104 | doesn't fit | doesn't fit |
Bluefin: 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-PERPlong | −0.0105% | 1h | 4,369.4 | long leg | $26K | $21K | 20x | |
| Aster XAUUSD1 | 0.0000% | 4h | 4,375.7 | +0.144% | $71.2M | $207.5M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,376 | +0.152% | $410.2M | $2.15B | 100x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,376.2 | +0.157% | $266.4M | $410.0M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,375.4 | +0.137% | $374.2M | $321.4M | 1000x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,375.1 | +0.131% | $48.7M | $27.7M | — | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,372.2 | +0.065% | $4.0M | $36.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,380.2 | +0.248% | $93K | $10.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,371.6 | +0.050% | $268K | — | 250x | as long as short |
| Bitget XAUUSDT | +0.0006% | 4h | 4,376 | +0.152% | $69.7M | $114.0M | 100x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX XAUUSDC | +0.0018% | 4h | 4,371.2 | +0.041% | $30.4M | $60.2M | 50x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,372.6 | +0.074% | $33K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.434% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,376.4 | +0.161% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,375.1 | +0.131% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,409.6 | +0.921% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,375.8 | +0.148% | $3.4M | $12.3M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,371.9 | +0.058% | $294.7M | $52.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,371.1 | +0.039% | $14.7M | $57.4M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,375.3 | +0.136% | $48K | $64K | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0070% | 8h | 4,375.2 | +0.133% | $19K | $5K | 5x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,374.9 | +0.127% | $20.8M | $43.4M | 25x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,376.5 | +0.164% | $20.3M | $40.9M | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,375 | +0.128% | $162K | $87 | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,372.2 | +0.065% | $2.0M | $5.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,372.5 | +0.072% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,373.2 | +0.088% | $277K | $204K | 50x | as long as short |
| Polymarket Perps GOLD-USD | +0.0108% | 1h | 4,374.6 | +0.120% | $4.3M | $1.8M | 20x | as long as short |
| Extended XAU-USD | +0.0120% | 1h | 4,371.3 | +0.044% | $13.3M | $44.1M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0138% | 4h | 4,376.4 | +0.162% | $1.4M | $3.1M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUALshort | +0.0162% | 1h | 4,374 | +0.106% | $236K | $655K | 25x | |
| Bybit XAUUSDT | +0.0168% | 4h | 4,376.7 | +0.167% | $83.4M | $144.5M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0174% | 8h | 4,377.7 | +0.191% | $166.3M | $287.4M | 100x | as long as short |
| Bullet GOLD-USD | +0.0192% | 1h | 4,375.6 | +0.142% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,373.2 | +0.089% | $596K | $146K | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,374.8 | +0.125% | $15.0M | $4.6M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0390% / S −0.0197% | 1h | 4,376 | +0.151% | $252K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0474% | 4h | 4,378.2 | +0.203% | $2.2M | $1.1M | 100x | as long as short |
| HTX XAU-USDT | +0.0582% | 4h | 4,380.4 | +0.252% | $2.9M | $3.8M | 75x | as long as short |
Bluefin GOLD-PERP
Deribit GOLD_USDC-PERPETUAL
Aster XAUUSD1
Binance XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
Variational Omni XAU
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bitget XAUUSDT
edgeX XAUUSDC
Injective XAU/USDC PERP
StandX XAU-USD
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Phoenix GOLD
Paradex XAU-USD-PERP
Lighter XAU
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Polymarket Perps GOLD-USD
Extended XAU-USD
GRVT XAU_USDT_Perp
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT