Funding you earn now, next payment 01:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.018%
Price spread now: Bullet against Coinbase International+0.065%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 +$3 a day on $10k at the current rate, and Bullet is 0.065% dearer against Coinbase International than usual: you sell high and buy low: +$6 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 | Coinbase International GOLD-PERP-INTX | 4,354.6 | 0.0072 | pay 0.0009% / 1h | 35m 55s | $2.0M | $5.0M | 25x |
| Short | Bullet GOLD-USD | 4,357.4 | 0.0156 | get 0.0020% / 1h | 35m 55s | $59K | $83K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Coinbase International. 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
- $17.67
- Price spread: +0.065% → 0.000%
- $6.46
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $6.13
- Costs to cover
- 0.180%
- Break-even
- 4.6 days
Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 0.12 bp | 7.8 bp −$8 | 9.5 bp −$95 | 49.2 bp −$4,915 | doesn't fit |
| 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 | −0.0317% | 1h | 4,349.8 | −0.109% | $25K | $14K | 20x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,359 | +0.100% | $70.2M | $293.2M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,360.1 | +0.127% | $263.5M | $408.4M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,354.2 | −0.009% | $4.1M | $36.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,361.3 | +0.153% | $93K | $9.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,353.5 | −0.025% | $270K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,354.5 | −0.001% | $13.6M | $43.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0032% | 1h | 4,352.8 | −0.041% | $33K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.096% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,356 | +0.032% | $3.8M | $4.7M | 40x | 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 | 4,390.7 | +0.829% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,356.9 | +0.052% | $20.7M | $43.5M | 25x | as long as short |
| Lighter RH XAU | +0.0048% | 1h | 4,359.2 | +0.104% | $20.1M | $40.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,354.7 | +0.002% | $294.1M | $48.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,354.3 | −0.006% | $14.9M | $57.8M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,356.7 | +0.048% | $5.6M | $1.9M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.0060% | 1h | 4,356.4 | +0.041% | $4.3M | $1.9M | 20x | as long as short |
| Variational Omni XAU | +0.0069% | 4h | 4,356.5 | +0.044% | $48.3M | $28.4M | — | as long as short |
| Coinbase International GOLD-PERP-INTXlong | +0.0072% | 1h | 4,354.6 | long leg | $2.0M | $5.0M | 25x | |
| Paradex XAU-USD-PERP | +0.0083% | 8h | 4,357 | +0.056% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0084% | 4h | 4,350.2 | −0.101% | $30.3M | $60.6M | 50x | as long as short |
| MEXC XAU_USDT | +0.0084% | 4h | 4,358.2 | +0.084% | $373.8M | $322.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0086% | 4h | 4,358.9 | +0.099% | $409.7M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,352.7 | −0.044% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,353.9 | −0.017% | $275K | $204K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,356.4 | +0.040% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,355.1 | +0.011% | $48K | $64K | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,357 | +0.055% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0136% | 4h | 4,357.5 | +0.066% | $1.4M | $2.9M | 25x | as long as short |
| Bitget XAUUSDT | +0.0152% | 4h | 4,358.8 | +0.096% | $69.2M | $109.7M | 100x | as long as short |
| Bullet GOLD-USDshort | +0.0156% | 1h | 4,357.4 | +0.065% | $59K | $83K | 10x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0186% | 1h | 4,356.3 | +0.039% | $234K | $661K | 25x | as long as short |
| Bybit XAUUSDT | +0.0190% | 4h | 4,360.2 | +0.129% | $84.2M | $143.7M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0226% | 8h | 4,360.4 | +0.133% | $165.0M | $284.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,354.9 | +0.006% | $594K | $141K | 25x | as long as short |
| BloFin XAU-USDT | +0.0286% | 4h | 4,364.8 | +0.234% | $15.5M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0381% | 4h | 4,361.1 | +0.149% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,357.1 | +0.058% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0523% | 4h | 4,362.7 | +0.186% | $2.9M | $3.9M | 75x | as long as short |
Coinbase International GOLD-PERP-INTX
Bullet GOLD-USD
Bluefin GOLD-PERP
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Lighter XAU
Lighter RH XAU
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Variational Omni XAU
Paradex XAU-USD-PERP
edgeX XAUUSDC
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
RISEx XAU/USDC
GRVT XAU_USDT_Perp
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT