Funding you earn now, next payment 06:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.063%
Price spread now: Bitget against gTrade (Gains Network)+0.092%45s7-day average +0.100% · 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—prices read too far apart to compare
costs, in and out, $10k−$2792.794% of the position
Funding, last 3 days (all we have)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.092%, 7d avg +0.100%
=The price spread sits at its 7-day average of +0.100%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.087% in total (about 9.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAU/USD | 4,346.7 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 44m 45s | $272K | — | 250x |
| Short | Bitget XAUUSDT | 4,350.8 | 0.0280 | get 0.0140% / 4h | 2h 44m | $71.6M | $107.9M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $58.31
- Price spread: +0.092% → +0.100%
- −$0.79
- Slippage, 4 orders
- −$260.37
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$221.86
- Costs to cover
- 2.794%
- Break-even
- 33.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 34 min ago; Bitget: live order book, 4 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), 34 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 Bitget live order book, 4 min ago | 0.01 bp | 6.0 bp −$6 | 7.1 bp −$71 | 12.2 bp −$1,218 | 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 | −0.0046% | 1h | 4,344.4 | −0.053% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.9 | +0.188% | $93K | $8.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDlong | L +0.0002% / S −0.0003% | 1h | 4,346.7 | long leg | $272K | — | 250x | |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,347.4 | +0.015% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,346.3 | −0.010% | $13.2M | $37.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.085% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,351.3 | +0.105% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0044% | 1h | 4,348.9 | +0.050% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,383.4 | +0.843% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347.1 | +0.008% | $293.7M | $49.5M | 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 | 4,346.6 | −0.004% | $15.1M | $56.7M | 25x | as long as short |
| RISEx XAU/USDC | +0.0054% | 1h | 4,350.8 | +0.093% | $3.7M | $12.5M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0055% | 24h | 4,349.5 | +0.063% | $4.2M | $39.4M | 15x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,349.4 | +0.060% | $20.7M | $30.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0070% | 8h | 4,350.2 | +0.080% | $19K | $5K | 5x | as long as short |
| Gate XAU_USDT | +0.0072% | 4h | 4,351.7 | +0.115% | $271.8M | $397.7M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,348.6 | +0.043% | $2.1M | $4.7M | 25x | as long as short |
| Bybit XAUUSDT | +0.0075% | 4h | 4,351.3 | +0.105% | $80.2M | $151.7M | 150x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,346.5 | −0.005% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,347 | +0.005% | $277K | $204K | 50x | as long as short |
| Aster XAUUSD1 | +0.0105% | 4h | 4,352.3 | +0.129% | $71.6M | $331.1M | 20x | as long as short |
| Variational Omni XAU | +0.0107% | 4h | 4,349.4 | +0.061% | $48.5M | $27.6M | — | as long as short |
| Lighter RH XAU | +0.0112% | 1h | 4,351.7 | +0.114% | $20.1M | $38.2M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,349.5 | +0.064% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,350.2 | +0.080% | $370.1M | $318.0M | 1000x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0118% | 1h | 4,349.2 | +0.057% | $203K | $822K | 25x | as long as short |
| Binance XAUUSDT | +0.0118% | 4h | 4,350.2 | +0.080% | $418.8M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0119% | 4h | 4,346.1 | −0.014% | $30.2M | $58.2M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0120% | 4h | 4,350.4 | +0.085% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,347.4 | +0.015% | $47K | $77K | 25x | as long as short |
| Bullet GOLD-USD | +0.0158% | 1h | 4,350.5 | +0.087% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0168% | 1h | 4,350.3 | +0.082% | $4.3M | $2.0M | 20x | as long as short |
| Phemex XAUUSDT | +0.0197% | 4h | 4,352.9 | +0.142% | $2.2M | $967K | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0246% | 1h | 4,347.4 | +0.014% | $591K | $128K | 25x | as long as short |
| HTX XAU-USDT | +0.0261% | 4h | 4,352.4 | +0.129% | $2.8M | $4.6M | 75x | as long as short |
| Bitget XAUUSDTshort | +0.0280% | 4h | 4,350.8 | +0.092% | $71.6M | $107.9M | 100x | |
| OKX XAU-USDT-SWAP | +0.0336% | 8h | 4,351.8 | +0.116% | $168.3M | $282.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0370% | 4h | 4,349.3 | +0.058% | $15.9M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0428% / S −0.0252% | 1h | 4,350.6 | +0.089% | $251K | — | 111x | as long as short |
gTrade (Gains Network) XAU/USD
Bitget XAUUSDT
Bluefin GOLD-PERP
SunX XAU-USDT
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
RISEx XAU/USDC
Kalshi KXGOLDPERP
Lighter XAU
Paradex XAU-USD-PERP
Gate XAU_USDT
Coinbase International GOLD-PERP-INTX
Bybit XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Aster XAUUSD1
Variational Omni XAU
Lighter RH XAU
MEXC XAU_USDT
Deribit GOLD_USDC-PERPETUAL
Binance XAUUSDT
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Phoenix GOLD
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Phemex XAUUSDT
Kraken Futures PF_XAUUSD
HTX XAU-USDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]