XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.024%

Price spread now: GMX against Bullet+0.008%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on GMX

What this pair did over the last

the charts below follow

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 57 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	Bullet GOLD-USD	4,323.4	0.0220	pay 0.0028% / 1h	53m 30s	$59K	$77K	10x
Short	GMX GOLD/USD [ETH-USDC]	4,323.8	L +0.0425% / S −0.0258%	get 0.0032% / 1h	53m 30s	$253K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Bullet. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulletbpFee GMXbpOrdersPrice spread, now +0.008%Rate

Funding earned: $8.01
Price spread: +0.008% → 0.000%: $0.84
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$11.15
Costs to cover: 0.200%
Break-even: 16.7 days

Slippage unknown: Bullet: no order-book sample; GMX: 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 Bullet no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Bullet and GMX: 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 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
Coinbase International GOLD-PERP-INTX	−0.0032%	1h	4,319.5	−0.090%	$2.1M	$5.0M	25x	as long as short
Hotstuff GOLD-PERP	0.0000%	1h	4,320.5	−0.067%	$35K	$3K	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,328	+0.105%	$92K	$5.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319.5	−0.091%	$309K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.625%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.9	+0.012%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,320.6	−0.065%	$6.7M	$3.3M	20x	as long as short
Aster XAUUSD1	+0.0045%	4h	4,325.3	+0.044%	$71.5M	$276.6M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,356.1	+0.756%	—	$1.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,319.3	−0.094%	$15.2M	$59.2M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XAU-USD-PERP	+0.0055%	8h	4,321.5	−0.045%	$2K	$13K	5x	as long as short
RISEx XAU/USDC	+0.0062%	1h	4,322.7	−0.016%	$4.6M	$13.3M	25x	as long as short
Variational Omni XAU	+0.0065%	4h	4,322.2	−0.028%	$47.1M	$28.0M	—	as long as short
Gate XAU_USDT	+0.0070%	4h	4,325.4	+0.045%	$299.5M	$432.4M	100x	as long as short
tradeXYZ xyz:GOLD	+0.0075%	1h	4,320.5	−0.067%	$291.9M	$45.4M	25x	as long as short
MEXC XAU_USDT	+0.0082%	4h	4,323.2	−0.005%	$362.4M	$348.9M	1000x	as long as short
Binance XAUUSDT	+0.0084%	4h	4,323.6	+0.005%	$440.8M	$2.42B	100x	as long as short
edgeX XAUUSDC	+0.0084%	4h	4,319.8	−0.084%	$30.2M	$66.4M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0094%	4h	4,323.1	−0.006%	$1.4M	$3.1M	25x	as long as short
Lighter XAU	+0.0096%	1h	4,321.4	−0.046%	$20.1M	$30.0M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,319.9	−0.081%	$1.4M	$1.4M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.7	−0.086%	$286K	$227K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,318.1	−0.122%	$25K	$1K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,322.6	−0.018%	$160K	$87	10x	as long as short
Phoenix GOLD	+0.0124%	1h	4,321.2	−0.051%	$43K	$71K	25x	as long as short
Kalshi KXGOLDPERP	+0.0146%	24h	4,324.2	+0.019%	$3.5M	$51.6M	15x	as long as short
Lighter RH XAU	+0.0152%	1h	4,324.4	+0.023%	$19.5M	$39.0M	25x	as long as short
Bybit XAUUSDT	+0.0154%	4h	4,324.4	+0.023%	$82.9M	$166.7M	150x	as long as short
Kraken Futures PF_XAUUSD	+0.0197%	1h	4,321.2	−0.051%	$582K	$166K	25x	as long as short
Bitget XAUUSDT	+0.0200%	4h	4,323.3	−0.003%	$73.0M	$140.2M	100x	as long as short
Phemex XAUUSDT	+0.0212%	4h	4,326.1	+0.063%	$2.2M	$733K	100x	as long as short
Extended XAU-USD	+0.0216%	1h	4,318.2	−0.119%	$12.5M	$34.0M	25x	as long as short
Bullet GOLD-USDlong	+0.0220%	1h	4,323.4	long leg	$59K	$77K	10x
OKX XAU-USDT-SWAP	+0.0226%	8h	4,323.8	+0.009%	$170.8M	$361.2M	100x	as long as short
Polymarket Perps GOLD-USD	+0.0234%	1h	4,323.4	0.000%	$4.3M	$1.7M	20x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0236%	1h	4,322.1	−0.030%	$135K	$659K	25x	as long as short
BloFin XAU-USDT	+0.0322%	4h	4,325	+0.037%	$16.5M	$5.2M	100x	as long as short
GMX GOLD/USD [ETH-USDC]short	L +0.0425% / S −0.0258%	1h	4,323.8	+0.008%	$253K	—	111x
HTX XAU-USDT	+0.1030%	4h	4,330.4	+0.163%	$3.2M	$7.1M	75x	as long as short