Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.049%
Price spread now: Binance against gTrade (Gains Network)+0.092%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2772.770% of the position
Funding, last 3 days (all we have)+0.049%+$5 on $10k
+Price spread, last 1 day (all we have)+0.018%+$2 · spread now +0.092%, 7d avg +0.093%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAU/USD | 4,366.8 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 12m 18s | $268K | — | 250x |
| Short | Binance XAUUSDT | 4,370.9 | 0 | get 0.0000% / 4h | 12m 18s | $410.8M | $2.14B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against gTrade (Gains Network). 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
- −$0.48
- Price spread: +0.092% → +0.093%
- −$0.08
- Slippage, 4 orders
- −$260.04
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$277.59
- Costs to cover
- 2.770%
- Break-even
- never at this rate
Slippage from gTrade (Gains Network): virtual book (oracle venue), 32 min ago; Binance: live order book, 2 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 gTrade (Gains Network) virtual book (oracle venue), 32 min ago | 130.01 bp | 133.5 bp −$134 | 196.7 bp −$1,967 | 1352.9 bp −$135.3K | 5907.8 bp −$2.95M |
| Sell Binance live order book, 2 min ago | 0.01 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.8 bp −$582 | doesn't fit |
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 | −0.0246% | 1h | 4,363.2 | −0.084% | $26K | $22K | 20x | as long as short |
| Phoenix GOLD | −0.0004% | 1h | 4,370.3 | +0.079% | $48K | $65K | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,371 | +0.096% | $71.9M | $224.5M | 20x | as long as short |
| Binance XAUUSDTshort | 0.0000% | 4h | 4,370.9 | +0.092% | $410.8M | $2.14B | 100x | |
| Bybit XAUUSDT | 0.0000% | 4h | 4,371.4 | +0.104% | $82.7M | $142.5M | 150x | as long as short |
| RISEx XAU/USDC | 0.0000% | 1h | 4,370.9 | +0.093% | $3.4M | $12.3M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,371.6 | +0.109% | $267.7M | $418.0M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,370.9 | +0.093% | $376.2M | $324.3M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,371.1 | +0.098% | $69.6M | $113.3M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,370.5 | +0.083% | $48.5M | $29.3M | — | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,371 | +0.096% | $1.4M | $3.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,368.1 | +0.029% | $4.0M | $36.2M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,375.1 | +0.190% | $93K | $10.5M | 20x | as long as short |
| edgeX XAUUSDC | +0.0001% | 4h | 4,365.2 | −0.037% | $30.4M | $59.4M | 50x | as long as short |
| gTrade (Gains Network) XAU/USDlong | L +0.0002% / S −0.0003% | 1h | 4,366.8 | long leg | $268K | — | 250x | |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,367.6 | +0.017% | $33K | — | 25x | as long as short |
| QFEX GOLD-USD | +0.0032% | 1h | 4,370.4 | +0.082% | $5.4M | $1.9M | 20x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.376% | $619 | $54 | 52x | as long as short |
| Lighter XAU | +0.0040% | 1h | 4,370 | +0.071% | $20.7M | $44.9M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,371.9 | +0.116% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,405.2 | +0.878% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,367.2 | +0.008% | $294.2M | $52.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,367 | +0.003% | $14.7M | $57.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0056% | 8h | 4,370.7 | +0.089% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0056% | 1h | 4,372.5 | +0.130% | $20.2M | $42.3M | 25x | as long as short |
| Extended XAU-USD | +0.0072% | 1h | 4,366.8 | −0.002% | $13.1M | $45.3M | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,370.1 | +0.075% | $162K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,367.9 | +0.024% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,368.2 | +0.030% | $277K | $204K | 50x | as long as short |
| Polymarket Perps GOLD-USD | +0.0107% | 1h | 4,370.4 | +0.082% | $4.3M | $1.8M | 20x | as long as short |
| Bullet GOLD-USD | +0.0116% | 1h | 4,371 | +0.095% | $59K | $81K | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0152% | 1h | 4,369.3 | +0.056% | $2.0M | $5.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0163% | 8h | 4,371.8 | +0.114% | $158.6M | $274.3M | 100x | as long as short |
| HTX XAU-USDT | +0.0198% | 4h | 4,374.9 | +0.185% | $2.9M | $3.8M | 75x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0219% | 1h | 4,368.2 | +0.031% | $603K | $137K | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,371.6 | +0.110% | $14.8M | $4.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0320% | 4h | 4,373.6 | +0.155% | $2.2M | $1.1M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0345% | 1h | 4,370 | +0.072% | $235K | $736K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0389% / S −0.0197% | 1h | 4,370.9 | +0.092% | $252K | — | 111x | as long as short |
gTrade (Gains Network) XAU/USD
Binance XAUUSDT
Bluefin GOLD-PERP
Phoenix GOLD
Aster XAUUSD1
Bybit XAUUSDT
RISEx XAU/USDC
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
SunX XAU-USDT
edgeX XAUUSDC
Injective XAU/USDC PERP
Lighter XAU
StandX XAU-USD
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
Lighter RH XAU
Extended XAU-USD
Pacifica XAU
ApeX Omni XAUUSDT
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Coinbase International GOLD-PERP-INTX
OKX XAU-USDT-SWAP
HTX XAU-USDT
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Phemex XAUUSDT
Deribit GOLD_USDC-PERPETUAL
GMX GOLD/USD [ETH-USDC]