Funding you earn now, next payment 04:00 UTC+0.0199%/8h= +21.8% APRnext payment +$0.25 per $10,000 · paid last 24h +0.006%
Price spread now: Bullet against RISEx−0.003%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAU/USDC | 4,347 | 0 | get 0.0000% / 1h | 34m 22s | $3.4M | $12.3M | 25x |
| Short | Bullet GOLD-USD | 4,346.9 | 0.0199 | get 0.0025% / 1h | 34m 22s | $59K | $82K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against RISEx. 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
- $41.86
- Price spread: −0.003% → 0.000%
- −$0.25
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $27.61
- Costs to cover
- 0.140%
- Break-even
- 2.4 days
Slippage unknown: RISEx: 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 RISEx live order book, 5 min ago | 0.99 bp | 4.0 bp −$4 | 4.7 bp −$47 | 34.2 bp −$3,424 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDClong | 0.0000% | 1h | 4,347 | long leg | $3.4M | $12.3M | 25x | |
| SunX XAU-USDT | 0.0000% | 4h | 4,351.3 | +0.098% | $92K | $9.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,343 | −0.092% | $271K | — | 250x | as long as short |
| Gate XAU_USDT | +0.0008% | 4h | 4,347.9 | +0.020% | $267.7M | $412.0M | 100x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,346 | −0.022% | $20.8M | $37.8M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343 | −0.092% | $13.3M | $38.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.078% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,348 | +0.022% | $20.1M | $39.2M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,347.1 | +0.002% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,346.8 | −0.005% | $5.7M | $2.0M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | +0.0045% | 24h | 4,345.7 | −0.030% | $4.2M | $37.2M | 15x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,379.8 | +0.754% | — | $1.1M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.1 | −0.090% | $2.0M | $4.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,343.7 | −0.076% | $293.7M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,343.7 | −0.077% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0064% | 4h | 4,347.5 | +0.010% | $71.0M | $333.7M | 20x | as long as short |
| Variational Omni XAU | +0.0080% | 4h | 4,346.7 | −0.007% | $48.5M | $27.8M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,347.3 | +0.006% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0088% | 4h | 4,348.2 | +0.028% | $1.4M | $3.0M | 25x | as long as short |
| Binance XAUUSDT | +0.0093% | 4h | 4,347.2 | +0.005% | $413.9M | $2.09B | 100x | as long as short |
| MEXC XAU_USDT | +0.0094% | 4h | 4,347.1 | +0.002% | $372.8M | $317.6M | 1000x | as long as short |
| edgeX XAUUSDC | +0.0095% | 4h | 4,343.4 | −0.083% | $30.2M | $58.3M | 50x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,343.3 | −0.085% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,346.8 | −0.005% | $275K | $203K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,346.3 | −0.017% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,347.3 | +0.007% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0151% | 1h | 4,346.6 | −0.009% | $4.3M | $1.9M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0160% | 1h | 4,343.7 | −0.076% | $33K | — | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,344 | −0.069% | $592K | $132K | 25x | as long as short |
| Bullet GOLD-USDshort | +0.0199% | 1h | 4,346.9 | −0.003% | $59K | $82K | 10x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0210% | 1h | 4,345.4 | −0.037% | $243K | $789K | 25x | as long as short |
| Phemex XAUUSDT | +0.0217% | 4h | 4,349.8 | +0.064% | $2.2M | $967K | 100x | as long as short |
| Bluefin GOLD-PERP | +0.0227% | 1h | 4,340.1 | −0.159% | $25K | $14K | 20x | as long as short |
| Bitget XAUUSDT | +0.0232% | 4h | 4,347.2 | +0.004% | $70.0M | $109.2M | 100x | as long as short |
| Bybit XAUUSDT | +0.0238% | 4h | 4,348.6 | +0.037% | $85.0M | $144.9M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0285% | 8h | 4,348.3 | +0.030% | $165.6M | $281.8M | 100x | as long as short |
| BloFin XAU-USDT | +0.0344% | 4h | 4,346.1 | −0.020% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0413% / S −0.0231% | 1h | 4,347.2 | +0.005% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0625% | 4h | 4,351.6 | +0.106% | $2.9M | $4.3M | 75x | as long as short |
RISEx XAU/USDC
Bullet GOLD-USD
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Gate XAU_USDT
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
Binance XAUUSDT
MEXC XAU_USDT
edgeX XAUUSDC
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
Bluefin GOLD-PERP
Bitget XAUUSDT
Bybit XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT