Funding you earn now, next payment 06:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.259%
Price spread now: Bluefin against SunX−0.240%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bluefin is 0.240% cheaper against SunX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XAU-USDT | 4,354.9 | 0 | get 0.0000% / 4h | 2h 45m | $93K | $8.5M | 20x |
| Short | Bluefin GOLD-PERP | 4,344.4 | −0.0052 | pay 0.0007% / 1h | 45m 55s | $25K | $14K | 20x |
SunX XAU-USDT
Bluefin GOLD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against SunX. 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
- −$10.98
- Price spread: −0.240% → 0.000%
- −$24.04
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$50.02
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 13 min ago; Bluefin: 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 SunX live order book, 13 min ago | 23.60 bp | 27.6 bp −$28 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell Bluefin no order-book sample | — | — | — | — | — |
Bluefin: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERPshort | −0.0052% | 1h | 4,344.4 | −0.240% | $25K | $14K | 20x | |
| SunX XAU-USDTlong | 0.0000% | 4h | 4,354.9 | long leg | $93K | $8.5M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,346.3 | −0.198% | $272K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,346.8 | −0.186% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,346.1 | −0.203% | $13.2M | $37.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.103% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,351.5 | −0.078% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0044% | 1h | 4,348.9 | −0.138% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,383.2 | +0.650% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,346.7 | −0.188% | $293.7M | $49.5M | 25x | as long as short |
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLDShow 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 | 4,347.3 | −0.175% | $15.1M | $56.7M | 25x | as long as short |
| RISEx XAU/USDC | +0.0054% | 1h | 4,350.8 | −0.094% | $3.7M | $12.6M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0054% | 24h | 4,349.3 | −0.129% | $4.2M | $39.4M | 15x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,349 | −0.136% | $20.7M | $30.4M | 25x | as long as short |
| Bybit XAUUSDT | +0.0067% | 4h | 4,351.1 | −0.087% | $80.2M | $151.6M | 150x | as long as short |
| Paradex XAU-USD-PERP | +0.0070% | 8h | 4,350.6 | −0.098% | $19K | $5K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,348.6 | −0.145% | $2.1M | $4.7M | 25x | as long as short |
| Gate XAU_USDT | +0.0074% | 4h | 4,351.7 | −0.074% | $271.8M | $397.5M | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,346.9 | −0.184% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,346.9 | −0.183% | $277K | $204K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,351.4 | −0.080% | $20.1M | $38.1M | 25x | as long as short |
| Aster XAUUSD1 | +0.0106% | 4h | 4,352.4 | −0.058% | $71.6M | $331.2M | 20x | as long as short |
| Variational Omni XAU | +0.0107% | 4h | 4,349.4 | −0.127% | $48.5M | $27.6M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,349.5 | −0.124% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,350.5 | −0.100% | $370.2M | $318.0M | 1000x | as long as short |
| Binance XAUUSDT | +0.0118% | 4h | 4,350.5 | −0.101% | $418.8M | $2.09B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0124% | 4h | 4,350 | −0.112% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,347.7 | −0.165% | $47K | $77K | 25x | as long as short |
| edgeX XAUUSDC | +0.0132% | 4h | 4,345.7 | −0.211% | $30.2M | $58.1M | 50x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0141% | 1h | 4,348.6 | −0.145% | $203K | $822K | 25x | as long as short |
| Bullet GOLD-USD | +0.0158% | 1h | 4,350.1 | −0.109% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0167% | 1h | 4,350 | −0.113% | $4.3M | $2.0M | 20x | as long as short |
| Phemex XAUUSDT | +0.0200% | 4h | 4,352.9 | −0.047% | $2.2M | $967K | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0246% | 1h | 4,347.2 | −0.177% | $591K | $128K | 25x | as long as short |
| HTX XAU-USDT | +0.0266% | 4h | 4,352.4 | −0.058% | $2.8M | $4.6M | 75x | as long as short |
| Bitget XAUUSDT | +0.0278% | 4h | 4,350.9 | −0.093% | $71.5M | $107.9M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0335% | 8h | 4,351.6 | −0.076% | $168.1M | $282.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0371% | 4h | 4,349.2 | −0.130% | $15.8M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0428% / S −0.0252% | 1h | 4,350.1 | −0.109% | $251K | — | 111x | as long as short |
Ondo Perps XAU-USD.P
RISEx XAU/USDC
Kalshi KXGOLDPERP
Lighter XAU
Bybit XAUUSDT
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Gate XAU_USDT
Pacifica XAU
ApeX Omni XAUUSDT
Lighter RH XAU
Aster XAUUSD1
Variational Omni XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
Phoenix GOLD
edgeX XAUUSDC
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Phemex XAUUSDT
Kraken Futures PF_XAUUSD
HTX XAU-USDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]