Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.257%
Price spread now: gTrade (Gains Network) against Bluefin+0.073%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.073% dearer against Bluefin than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin GOLD-PERP | 4,355.2 | 0.0100 | pay 0.0013% / 1h | 0m 18s | $26K | $22K | 20x |
| Short | gTrade (Gains Network) XAU/USD | 4,358.4 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 0m 18s | $269K | — | 250x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.33
- Price spread: +0.073% → 0.000%
- $7.35
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$26.99
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Bluefin: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 39 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 gTrade (Gains Network) virtual book (oracle venue), 39 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,363.2 | +0.186% | $69.8M | $236.4M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,363.4 | +0.189% | $265.3M | $423.3M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,360.3 | +0.118% | $4.0M | $36.7M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,367.1 | +0.275% | $93K | $10.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | L +0.0002% / S −0.0003% | 1h | 4,358.4 | +0.073% | $269K | — | 250x | |
| Extended XAU-USD | +0.0032% | 1h | 4,358.4 | +0.075% | $13.5M | $43.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.109% | $619 | $54 | 52x | as long as short |
| Variational Omni XAU | +0.0040% | 4h | 4,362 | +0.157% | $48.4M | $28.5M | — | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,363.9 | +0.201% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,362.9 | +0.178% | $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 | +0.936% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,362.5 | +0.170% | $3.4M | $12.4M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,359 | +0.088% | $294.2M | $51.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,358.5 | +0.077% | $14.8M | $57.2M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,359.6 | +0.102% | $48K | $64K | 25x | as long as short |
| MEXC XAU_USDT | +0.0056% | 4h | 4,362.6 | +0.171% | $372.8M | $331.7M | 1000x | as long as short |
| Binance XAUUSDT | +0.0059% | 4h | 4,362.9 | +0.177% | $411.6M | $2.14B | 100x | as long as short |
| edgeX XAUUSDC | +0.0063% | 4h | 4,356.5 | +0.032% | $30.3M | $60.4M | 50x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,360.2 | +0.116% | $20.6M | $44.5M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0088% | 8h | 4,362.9 | +0.177% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,364.5 | +0.214% | $20.2M | $41.5M | 25x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,361.7 | +0.151% | $162K | $87 | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,359.4 | +0.098% | $2.0M | $5.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,360 | +0.111% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,359.2 | +0.092% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERPlong | +0.0100% | 1h | 4,355.2 | long leg | $26K | $22K | 20x | |
| Bitget XAUUSDT | +0.0110% | 4h | 4,362.7 | +0.173% | $69.7M | $112.2M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0116% | 1h | 4,361.5 | +0.146% | $4.3M | $1.8M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0128% | 1h | 4,358.3 | +0.072% | $33K | — | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0142% | 4h | 4,362.6 | +0.172% | $1.4M | $3.1M | 25x | as long as short |
| Bybit XAUUSDT | +0.0197% | 4h | 4,363 | +0.180% | $83.7M | $144.7M | 150x | as long as short |
| Bullet GOLD-USD | +0.0214% | 1h | 4,362.9 | +0.178% | $59K | $82K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0216% | 8h | 4,363.7 | +0.196% | $164.2M | $287.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0225% | 4h | 4,362.7 | +0.174% | $15.4M | $4.6M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,359.8 | +0.108% | $595K | $141K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0232% | 1h | 4,360.6 | +0.125% | $235K | $658K | 25x | as long as short |
| Phemex XAUUSDT | +0.0301% | 4h | 4,364.9 | +0.223% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,362.9 | +0.179% | $254K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0557% | 4h | 4,367.1 | +0.275% | $2.9M | $3.9M | 75x | as long as short |
Bluefin GOLD-PERP
gTrade (Gains Network) XAU/USD
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
Extended XAU-USD
Injective XAU/USDC PERP
Variational Omni XAU
StandX XAU-USD
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Phoenix GOLD
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Lighter XAU
Paradex XAU-USD-PERP
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Bitget XAUUSDT
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
Bybit XAUUSDT
Bullet GOLD-USD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT