Funding you earn now, next payment 10:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: Bullet against Extended+0.097%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bullet is 0.097% dearer against Extended than usual: you sell high and buy low: +$10 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 | Extended XAU-USD | 4,323.6 | 0.0080 | pay 0.0010% / 1h | 56m 31s | $12.7M | $35.8M | 25x |
| Short | Bullet GOLD-USD | 4,327.8 | 0.0188 | get 0.0023% / 1h | 56m 31s | $58K | $77K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Extended. 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
- $22.68
- Price spread: +0.097% → 0.000%
- $9.71
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $19.39
- Costs to cover
- 0.130%
- Break-even
- 1.0 days
Slippage unknown: Extended: 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 Extended live order book, 3 min ago | 0.12 bp | 2.6 bp −$3 | 3.6 bp −$36 | 7.0 bp −$698 | 26.4 bp −$13.2K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,333.7 | +0.234% | $92K | $6.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,330.7 | +0.164% | $275K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0024% | 1h | 4,327.4 | +0.088% | $2.0M | $5.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.621% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0038% | 1h | 4,326.9 | +0.077% | $6.6M | $3.0M | 20x | as long as short |
| Bluefin GOLD-PERP | +0.0039% | 1h | 4,323.5 | −0.002% | $25K | $1K | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,332.7 | +0.211% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,360.5 | +0.854% | — | $1.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0048% | 1h | 4,326.2 | +0.061% | $32K | — | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,324.3 | +0.017% | $292.1M | $55.5M | 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 | 4,323.6 | +0.001% | $15.1M | $57.4M | 25x | as long as short |
| RISEx XAU/USDC | +0.0056% | 1h | 4,329 | +0.125% | $4.6M | $13.6M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0058% | 8h | 4,327 | +0.079% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,329 | +0.126% | $74.4M | $273.1M | 20x | as long as short |
| Extended XAU-USDlong | +0.0080% | 1h | 4,323.6 | long leg | $12.7M | $35.8M | 25x | |
| Variational Omni XAU | +0.0093% | 4h | 4,332 | +0.194% | $47.2M | $30.1M | — | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,333.5 | +0.230% | $43K | $67K | 25x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,329.2 | +0.130% | $19.8M | $38.5M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,323.7 | +0.003% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,330 | +0.149% | $284K | $232K | 50x | as long as short |
| Lighter XAU | +0.0104% | 1h | 4,326.8 | +0.076% | $20.2M | $29.3M | 25x | as long as short |
| Gate XAU_USDT | +0.0104% | 4h | 4,329.6 | +0.138% | $300.4M | $428.9M | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,328.7 | +0.119% | $160K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0114% | 4h | 4,327.4 | +0.089% | $353.4M | $347.9M | 1000x | as long as short |
| Binance XAUUSDT | +0.0115% | 4h | 4,327.7 | +0.095% | $435.6M | $2.36B | 100x | as long as short |
| Kalshi KXGOLDPERP | +0.0120% | 24h | 4,332.4 | +0.204% | $3.5M | $48.6M | 15x | as long as short |
| edgeX XAUUSDC | +0.0127% | 4h | 4,330.2 | +0.153% | $30.3M | $64.9M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0132% | 4h | 4,331.1 | +0.175% | $1.4M | $3.0M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0132% | 1h | 4,327 | +0.079% | $4.3M | $1.7M | 20x | as long as short |
| Bybit XAUUSDT | +0.0140% | 4h | 4,328.8 | +0.120% | $81.6M | $170.1M | 150x | as long as short |
| Bullet GOLD-USDshort | +0.0188% | 1h | 4,327.8 | +0.097% | $58K | $77K | 10x | |
| Bitget XAUUSDT | +0.0196% | 4h | 4,327.5 | +0.091% | $72.0M | $132.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0212% | 1h | 4,327.6 | +0.093% | $134K | $781K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0244% | 8h | 4,328.7 | +0.119% | $171.1M | $355.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0355% | 4h | 4,329.7 | +0.141% | $16.2M | $5.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0361% | 4h | 4,333.1 | +0.219% | $2.2M | $961K | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0411% | 1h | 4,326.6 | +0.071% | $582K | $150K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0306% | 1h | 4,327.8 | +0.097% | $252K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1112% | 4h | 4,337.3 | +0.318% | $3.2M | $7.0M | 75x | as long as short |
Extended XAU-USD
Bullet GOLD-USD
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Coinbase International GOLD-PERP-INTX
Injective XAU/USDC PERP
Bluefin GOLD-PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
RISEx XAU/USDC
Paradex XAU-USD-PERP
Aster XAUUSD1
Variational Omni XAU
Phoenix GOLD
Lighter RH XAU
Pacifica XAU
ApeX Omni XAUUSDT
Lighter XAU
Gate XAU_USDT
MEXC XAU_USDT
Binance XAUUSDT
Kalshi KXGOLDPERP
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Polymarket Perps GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT