Funding you earn now, next payment 12:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Bullet against Polymarket Perps+0.005%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
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps GOLD-USD | 4,325.1 | 0.0220 | pay 0.0028% / 1h | 57m 05s | $4.3M | $1.7M | 20x |
| Short | Bullet GOLD-USD | 4,325.3 | 0.0215 | get 0.0027% / 1h | 57m 05s | $59K | $77K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Polymarket Perps. 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
- −$1.13
- Price spread: +0.005% → 0.000%
- $0.52
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$16.61
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 5 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 Polymarket Perps live order book, 5 min ago | 1.04 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.9 bp −$589 | 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 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 | −0.0096% | 1h | 4,321.9 | −0.074% | $35K | $3K | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.0032% | 1h | 4,322.2 | −0.067% | $2.1M | $5.0M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,329.5 | +0.101% | $92K | $5.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0002% | 1h | 4,320.9 | −0.098% | $307K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.585% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,326.5 | +0.032% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,323.7 | −0.032% | $6.7M | $3.3M | 20x | as long as short |
| Aster XAUUSD1 | +0.0042% | 4h | 4,326.9 | +0.043% | $71.5M | $276.6M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,358.1 | +0.763% | — | $1.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,320.7 | −0.101% | $15.2M | $59.3M | 25x | as long as short |
Show all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0055% | 8h | 4,323.6 | −0.034% | $2K | $13K | 5x | as long as short |
| RISEx XAU/USDC | +0.0062% | 1h | 4,324.5 | −0.013% | $4.6M | $13.3M | 25x | as long as short |
| Variational Omni XAU | +0.0066% | 4h | 4,327.9 | +0.064% | $47.2M | $27.9M | — | as long as short |
| Gate XAU_USDT | +0.0068% | 4h | 4,327.1 | +0.045% | $299.2M | $431.1M | 100x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,324.4 | −0.016% | $20.1M | $29.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0080% | 4h | 4,325.6 | +0.012% | $362.8M | $347.8M | 1000x | as long as short |
| Binance XAUUSDT | +0.0081% | 4h | 4,326 | +0.021% | $441.0M | $2.42B | 100x | as long as short |
| tradeXYZ xyz:GOLD | +0.0084% | 1h | 4,322.2 | −0.067% | $292.0M | $51.9M | 25x | as long as short |
| edgeX XAUUSDC | +0.0089% | 4h | 4,323.4 | −0.040% | $30.2M | $66.2M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0090% | 4h | 4,329.2 | +0.096% | $1.4M | $3.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,321.9 | −0.074% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,325.8 | +0.015% | $287K | $227K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,320.7 | −0.101% | $25K | $1K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,323.7 | −0.032% | $160K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,324.1 | −0.023% | $43K | $71K | 25x | as long as short |
| Lighter RH XAU | +0.0144% | 1h | 4,327.2 | +0.047% | $19.5M | $38.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0145% | 24h | 4,325.3 | +0.005% | $3.5M | $51.5M | 15x | as long as short |
| Bybit XAUUSDT | +0.0154% | 4h | 4,327 | +0.044% | $83.0M | $166.9M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0190% | 1h | 4,323.4 | −0.039% | $135K | $659K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0197% | 1h | 4,322 | −0.073% | $582K | $166K | 25x | as long as short |
| Bitget XAUUSDT | +0.0198% | 4h | 4,325.8 | +0.017% | $73.0M | $140.3M | 100x | as long as short |
| Extended XAU-USD | +0.0200% | 1h | 4,321.4 | −0.085% | $12.5M | $34.1M | 25x | as long as short |
| Phemex XAUUSDT | +0.0212% | 4h | 4,328.8 | +0.085% | $2.3M | $733K | 100x | as long as short |
| Bullet GOLD-USDshort | +0.0215% | 1h | 4,325.3 | +0.005% | $59K | $77K | 10x | |
| Polymarket Perps GOLD-USDlong | +0.0220% | 1h | 4,325.1 | long leg | $4.3M | $1.7M | 20x | |
| OKX XAU-USDT-SWAP | +0.0226% | 8h | 4,326.3 | +0.028% | $171.0M | $361.7M | 100x | as long as short |
| BloFin XAU-USDT | +0.0321% | 4h | 4,325.5 | +0.009% | $16.5M | $5.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0426% / S −0.0258% | 1h | 4,325.3 | +0.005% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1028% | 4h | 4,332.5 | +0.170% | $3.2M | $7.1M | 75x | as long as short |
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Coinbase International GOLD-PERP-INTX
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
Aster XAUUSD1
Paradex XAU-USD-PERP
RISEx XAU/USDC
Variational Omni XAU
Gate XAU_USDT
Lighter XAU
MEXC XAU_USDT
Binance XAUUSDT
tradeXYZ xyz:GOLD
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Phoenix GOLD
Lighter RH XAU
Kalshi KXGOLDPERP
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Extended XAU-USD
Phemex XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT