Funding you earn now, next payment 08:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.011%
Price spread now: Bullet against Bybit−0.017%7-day average — · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAUUSDT | 4,327.2 | 0.0049 | pay 0.0024% / 4h | 34m 19s | $77.6M | $153.0M | 150x |
| Short | Bullet GOLD-USD | 4,326.5 | 0.0205 | get 0.0026% / 1h | 34m 19s | $58K | $81K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Bybit. 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
- $32.79
- Price spread: −0.017% → 0.000%
- −$1.69
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $12.1
- Costs to cover
- 0.190%
- Break-even
- 4.4 days
Slippage unknown: Bybit: live order book, 5 min ago; Bullet: 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 Bybit live order book, 5 min ago | 0.01 bp | 5.9 bp −$6 | 7.5 bp −$75 | 10.9 bp −$1,088 | 28.3 bp −$14.1K |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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-PERP | −0.0105% | 1h | 4,320.7 | −0.151% | $25K | $1K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0096% | 1h | 4,322.4 | −0.111% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,330.5 | +0.076% | $92K | $7.3M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,322.7 | −0.103% | $270K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.537% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,327.2 | 0.000% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,324.6 | −0.060% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,358.4 | +0.721% | — | $1.0M | 25x | as long as short |
| Bybit XAUUSDTlong | +0.0049% | 4h | 4,327.2 | long leg | $77.6M | $153.0M | 150x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,323 | −0.097% | $291.8M | $51.5M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,321.5 | −0.133% | $15.0M | $55.6M | 25x | as long as short |
| Aster XAUUSD1 | +0.0056% | 4h | 4,326.9 | −0.007% | $72.9M | $272.0M | 20x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,325.6 | −0.038% | $20.4M | $29.2M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0066% | 8h | 4,325.1 | −0.047% | $2K | $14K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,322 | −0.120% | $2.1M | $4.8M | 25x | as long as short |
| Variational Omni XAU | +0.0089% | 4h | 4,324.9 | −0.053% | $47.2M | $29.3M | — | as long as short |
| Kalshi KXGOLDPERP | +0.0092% | 24h | 4,327.8 | +0.014% | $3.8M | $44.6M | 15x | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,323.8 | −0.078% | $47K | $79K | 25x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,326.3 | −0.021% | $364.0M | $327.3M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0098% | 4h | 4,326.6 | −0.014% | $1.4M | $3.1M | 25x | as long as short |
| Binance XAUUSDT | +0.0100% | 4h | 4,326.1 | −0.024% | $425.2M | $2.13B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,322.4 | −0.111% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,324.5 | −0.063% | $272K | $208K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,325.8 | −0.033% | $160K | $87 | 10x | as long as short |
| Gate XAU_USDT | +0.0106% | 4h | 4,328.5 | +0.030% | $285.1M | $415.9M | 100x | as long as short |
| edgeX XAUUSDC | +0.0117% | 4h | 4,323.1 | −0.095% | $30.1M | $59.6M | 50x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,327.8 | +0.014% | $20.0M | $39.1M | 25x | as long as short |
| Extended XAU-USD | +0.0128% | 1h | 4,322.4 | −0.111% | $13.2M | $36.8M | 25x | as long as short |
| Bitget XAUUSDT | +0.0194% | 4h | 4,326.7 | −0.011% | $70.2M | $118.6M | 100x | as long as short |
| Bullet GOLD-USDshort | +0.0205% | 1h | 4,326.5 | −0.017% | $58K | $81K | 10x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0213% | 1h | 4,325.2 | −0.046% | $163K | $871K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0219% | 1h | 4,326.2 | −0.023% | $4.3M | $1.9M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,324.1 | −0.072% | $578K | $135K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0276% | 8h | 4,326.7 | −0.011% | $173.8M | $299.3M | 100x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,325.8 | −0.033% | $16.4M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0361% | 4h | 4,328.9 | +0.040% | $2.2M | $975K | 100x | as long as short |
| HTX XAU-USDT | +0.0415% | 4h | 4,331.9 | +0.108% | $3.2M | $5.9M | 75x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,326.1 | −0.024% | $253K | — | 111x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,326.1 | −0.025% | $4.6M | $13.3M | 25x | as long as short |
Bybit XAUUSDT
Bullet GOLD-USD
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Aster XAUUSD1
Lighter XAU
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Variational Omni XAU
Kalshi KXGOLDPERP
Phoenix GOLD
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Gate XAU_USDT
edgeX XAUUSDC
Lighter RH XAU
Extended XAU-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
HTX XAU-USDT
GMX GOLD/USD [ETH-USDC]
RISEx XAU/USDC