Funding you earn now, next payment 02:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.214%
Price spread now: RISEx against Bluefin+0.135%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.135% dearer against Bluefin than usual: you sell high and buy low: +$13 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 | 4,347 | 0.0100 | pay 0.0013% / 1h | 12m 46s | $25K | $14K | 20x |
| Short | RISEx XAU/USDC | 4,352.9 | 0.0135 | get 0.0017% / 1h | 12m 46s | $3.4M | $12.4M | 25x |
Bluefin GOLD-PERP
RISEx XAU/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $7.38
- Price spread: +0.135% → 0.000%
- $13.46
- Slippage, 4 orders
- no order book: not counted
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $7.84
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Bluefin: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago | 1.50 bp | 4.5 bp −$5 | 5.5 bp −$55 | 73.5 bp −$7,346 | 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 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XAU_USDT | 0.0000% | 4h | 4,354 | +0.160% | $263.4M | $414.4M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,357.1 | +0.232% | $93K | $9.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,347.9 | +0.020% | $269K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,351.2 | +0.096% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,348.7 | +0.038% | $13.5M | $41.8M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.078% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0034% | 24h | 4,350.4 | +0.077% | $4.1M | $36.1M | 15x | as long as short |
| Aster XAUUSD1 | +0.0035% | 4h | 4,353.1 | +0.138% | $70.4M | $301.9M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,358.7 | +0.268% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,386.7 | +0.912% | — | $1.0M | 25x | as long as short |
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
Aster XAUUSD1
StandX XAU-USD
Vest GC-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,349.3 | +0.052% | $294.0M | $48.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,349.7 | +0.061% | $14.9M | $58.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,353.6 | +0.151% | $5.6M | $1.9M | 20x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,351.4 | +0.100% | $20.6M | $43.7M | 25x | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,353.7 | +0.152% | $20.1M | $41.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,349.3 | +0.052% | $2.0M | $5.0M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0076% | 1h | 4,352.2 | +0.119% | $4.3M | $1.9M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0083% | 8h | 4,353.8 | +0.156% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0086% | 4h | 4,356 | +0.207% | $48.2M | $28.1M | — | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,351.4 | +0.100% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,352.6 | +0.129% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERPlong | +0.0100% | 1h | 4,347 | long leg | $25K | $14K | 20x | |
| MEXC XAU_USDT | +0.0104% | 4h | 4,352.6 | +0.128% | $375.3M | $324.1M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,351.8 | +0.110% | $161K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0105% | 4h | 4,352.4 | +0.123% | $409.0M | $2.10B | 100x | as long as short |
| edgeX XAUUSDC | +0.0112% | 4h | 4,351.9 | +0.112% | $30.3M | $60.0M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0120% | 4h | 4,355.1 | +0.186% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,356.9 | +0.227% | $48K | $64K | 25x | as long as short |
| RISEx XAU/USDCshort | +0.0135% | 1h | 4,352.9 | +0.135% | $3.4M | $12.4M | 25x | |
| Bullet GOLD-USD | +0.0168% | 1h | 4,352.7 | +0.131% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0180% | 4h | 4,353 | +0.137% | $83.6M | $144.2M | 150x | as long as short |
| Bitget XAUUSDT | +0.0186% | 4h | 4,352.5 | +0.127% | $69.5M | $109.5M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0233% | 1h | 4,350.7 | +0.084% | $249K | $679K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0239% | 8h | 4,353.7 | +0.153% | $164.8M | $281.6M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,349.8 | +0.064% | $593K | $139K | 25x | as long as short |
| Phemex XAUUSDT | +0.0363% | 4h | 4,355.5 | +0.195% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0391% / S −0.0197% | 1h | 4,352.4 | +0.123% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0563% | 4h | 4,358.7 | +0.269% | $2.9M | $3.9M | 75x | as long as short |
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
QFEX GOLD-USD
Lighter XAU
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Variational Omni XAU
Pacifica XAU
ApeX Omni XAUUSDT
MEXC XAU_USDT
Aevo XAU-PERP
Binance XAUUSDT
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Phoenix GOLD
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT