Funding you earn now, next payment 02:00 UTC−0.0132%/8h= −14.4% APRnext payment −$0.16 per $10,000 · paid last 24h −0.044%
Price spread now: gTrade (Gains Network) against RISEx−0.064%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2742.741% of the position
Funding, last 3 days (all we have)−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.064%, 7d avg −0.092%
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.028% dearer against RISEx than usual: you sell high and buy low (spread −0.064% now, against its 7-day average of −0.092%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 3 days (−0.064% in total) that is about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XAU/USDC | 4,353.6 | 0.0135 | pay 0.0017% / 1h | 14m 22s | $3.4M | $12.4M | 25x |
| Short | gTrade (Gains Network) XAU/USD | 4,350.8 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 14m 22s | $269K | — | 250x |
RISEx XAU/USDC
gTrade (Gains Network) XAU/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$27.71
- Price spread: −0.064% → −0.092%
- $2.77
- Slippage, 4 orders
- −$261.11
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$299.05
- Costs to cover
- 2.741%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 20 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 RISEx live order book, 5 min ago | 0.01 bp | 4.1 bp −$4 | 4.3 bp −$43 | 33.9 bp −$3,392 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 20 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | doesn't fit |
XAU on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XAU_USDT | 0.0000% | 4h | 4,356.4 | +0.066% | $263.4M | $413.8M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,358.7 | +0.117% | $93K | $9.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | L +0.0002% / S −0.0003% | 1h | 4,350.8 | −0.064% | $269K | — | 250x | |
| Extended XAU-USD | +0.0032% | 1h | 4,350.8 | −0.065% | $13.5M | $41.8M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0032% | 1h | 4,350.7 | −0.066% | $33K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.072% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0034% | 24h | 4,352 | −0.036% | $4.1M | $36.1M | 15x | as long as short |
| Aster XAUUSD1 | +0.0035% | 4h | 4,355.4 | +0.042% | $70.4M | $299.3M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,358.7 | +0.118% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,388.1 | +0.793% | — | $1.0M | 25x | as long as short |
Gate XAU_USDT
SunX XAU-USDT
Extended XAU-USD
Hotstuff GOLD-PERP
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
Aster XAUUSD1
StandX XAU-USD
Vest GC-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,351.6 | −0.045% | $294.1M | $48.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,350.9 | −0.061% | $14.9M | $58.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,353 | −0.013% | $5.6M | $1.9M | 20x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,353.5 | −0.002% | $20.6M | $43.7M | 25x | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,356.6 | +0.070% | $20.1M | $41.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,349.1 | −0.103% | $2.0M | $5.0M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0075% | 1h | 4,353.4 | −0.004% | $4.3M | $1.9M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0083% | 8h | 4,353.1 | −0.010% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0086% | 4h | 4,356 | +0.057% | $48.2M | $28.1M | — | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,350.6 | −0.068% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,358.5 | +0.112% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,348 | −0.129% | $25K | $14K | 20x | as long as short |
| MEXC XAU_USDT | +0.0102% | 4h | 4,354.8 | +0.028% | $375.9M | $323.9M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,353.9 | +0.007% | $161K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0104% | 4h | 4,354.7 | +0.027% | $409.2M | $2.10B | 100x | as long as short |
| edgeX XAUUSDC | +0.0112% | 4h | 4,353.3 | −0.006% | $30.3M | $59.9M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0116% | 4h | 4,360 | +0.148% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,356.9 | +0.076% | $48K | $64K | 25x | as long as short |
| RISEx XAU/USDClong | +0.0135% | 1h | 4,353.6 | long leg | $3.4M | $12.4M | 25x | |
| Bullet GOLD-USD | +0.0168% | 1h | 4,354.6 | +0.024% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0180% | 4h | 4,356.3 | +0.063% | $83.8M | $144.1M | 150x | as long as short |
| Bitget XAUUSDT | +0.0184% | 4h | 4,355.6 | +0.047% | $69.5M | $109.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0233% | 1h | 4,353.7 | +0.003% | $250K | $679K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0238% | 8h | 4,356.8 | +0.074% | $164.9M | $281.8M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,351.7 | −0.043% | $593K | $139K | 25x | as long as short |
| Phemex XAUUSDT | +0.0373% | 4h | 4,357.9 | +0.100% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0391% / S −0.0197% | 1h | 4,355 | +0.033% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0557% | 4h | 4,359.9 | +0.146% | $2.9M | $3.9M | 75x | as long as short |
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
QFEX GOLD-USD
Lighter XAU
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Variational Omni XAU
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
MEXC XAU_USDT
Aevo XAU-PERP
Binance XAUUSDT
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Phoenix GOLD
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT