Funding you earn now, next payment 10:00 UTC+0.0237%/8h= +26.0% APRpaid last 24h +0.041%
Price spread now: OKX against Coinbase International+0.143%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.143%, 7d avg +0.118%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.025% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.118%. Mind the row above: over the last 7 days funding on this pair cost −0.376%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOLD-PERP-INTX | 4,330.5 | 0 | get 0.0000% / 1h | 44m 10s | $2.1M | $5.2M | 25x |
| Short | OKX XAU-USDT-SWAP | 4,336.7 | 0.0237 | get 0.0237% / 8h | 5h 44m | $170.7M | $361.6M | 100x |
Coinbase International GOLD-PERP-INTX
OKX XAU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $49.8
- Price spread: +0.143% → +0.118%
- $2.5
- Slippage, 4 orders
- −$0.56
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $31.73
- Costs to cover
- 0.206%
- Break-even
- 2.5 days
Slippage from Coinbase International: live order book, 3 min ago; OKX: live order book, 3 min ago.
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 | 5.2 bp −$5 | 8.4 bp −$84 | 38.6 bp −$3,862 | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.12 bp | 5.1 bp −$5 | 5.7 bp −$57 | 8.4 bp −$845 | 15.2 bp −$7,624 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −3.2000% | 1h | 4,318.3 | −0.282% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,338.7 | +0.189% | $92K | $5.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTXlong | 0.0000% | 1h | 4,330.5 | long leg | $2.1M | $5.2M | 25x | |
| Bluefin GOLD-PERP | +0.0002% | 1h | 4,328.9 | −0.038% | $25K | $1K | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,331.8 | +0.030% | $304K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.460% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,335.5 | +0.115% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,333.7 | +0.074% | $6.7M | $3.2M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,368.2 | +0.871% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,332.4 | +0.044% | $292.5M | $51.6M | 25x | as long as short |
Hotstuff GOLD-PERP
SunX XAU-USDT
Bluefin GOLD-PERP
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLDShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,330.5 | −0.001% | $15.1M | $59.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0054% | 8h | 4,334.2 | +0.086% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0056% | 4h | 4,336.7 | +0.143% | $72.4M | $276.0M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0073% | 1h | 4,334.5 | +0.092% | $135K | $707K | 25x | as long as short |
| Variational Omni XAU | +0.0074% | 4h | 4,333.5 | +0.070% | $47.3M | $29.2M | — | as long as short |
| Polymarket Perps GOLD-USD | +0.0074% | 1h | 4,334.2 | +0.085% | $4.3M | $1.7M | 20x | as long as short |
| Gate XAU_USDT | +0.0078% | 4h | 4,336.9 | +0.148% | $298.2M | $444.9M | 100x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,335.1 | +0.105% | $20.2M | $30.4M | 25x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,337.3 | +0.158% | $19.7M | $40.0M | 25x | as long as short |
| MEXC XAU_USDT | +0.0094% | 4h | 4,335.1 | +0.106% | $367.0M | $353.2M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0094% | 4h | 4,336.8 | +0.145% | $1.4M | $3.1M | 25x | as long as short |
| Binance XAUUSDT | +0.0094% | 4h | 4,335.1 | +0.106% | $442.6M | $2.43B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,331 | +0.011% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,334.5 | +0.092% | $284K | $223K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,334.3 | +0.087% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0117% | 4h | 4,333.9 | +0.078% | $30.3M | $67.7M | 50x | as long as short |
| Extended XAU-USD | +0.0120% | 1h | 4,331.8 | +0.030% | $12.5M | $34.6M | 25x | as long as short |
| Bybit XAUUSDT | +0.0121% | 4h | 4,336.6 | +0.140% | $82.6M | $172.6M | 150x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,334.2 | +0.085% | $43K | $71K | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0137% | 24h | 4,336.4 | +0.136% | $3.5M | $51.1M | 15x | as long as short |
| Bullet GOLD-USD | +0.0165% | 1h | 4,335.2 | +0.108% | $59K | $76K | 10x | as long as short |
| RISEx XAU/USDC | +0.0205% | 1h | 4,334.8 | +0.100% | $4.7M | $13.2M | 25x | as long as short |
| Bitget XAUUSDT | +0.0212% | 4h | 4,335.8 | +0.121% | $72.8M | $139.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0227% | 4h | 4,338.4 | +0.182% | $2.3M | $772K | 100x | as long as short |
| OKX XAU-USDT-SWAPshort | +0.0237% | 8h | 4,336.7 | +0.143% | $170.7M | $361.6M | 100x | |
| Kraken Futures PF_XAUUSD | +0.0253% | 1h | 4,332.3 | +0.041% | $583K | $169K | 25x | as long as short |
| BloFin XAU-USDT | +0.0336% | 4h | 4,334.8 | +0.100% | $16.3M | $5.3M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0308% | 1h | 4,334.8 | +0.100% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1076% | 4h | 4,341.1 | +0.245% | $3.2M | $7.1M | 75x | as long as short |
Ondo Perps XAU-USD.P
Paradex XAU-USD-PERP
Aster XAUUSD1
Deribit GOLD_USDC-PERPETUAL
Variational Omni XAU
Polymarket Perps GOLD-USD
Gate XAU_USDT
Lighter XAU
Lighter RH XAU
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Extended XAU-USD
Bybit XAUUSDT
Phoenix GOLD
Kalshi KXGOLDPERP
Bullet GOLD-USD
RISEx XAU/USDC
Bitget XAUUSDT
Phemex XAUUSDT
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT