Funding you earn now, next payment 07:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.032%
Price spread now: Bullet against Vest−0.741%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
=Funding pays, the price is against you. Bullet is 0.741% cheaper against Vest than usual: you would sell low and buy high (spread −0.741% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$74 on $10k: about 19 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,355.3 | 0.0046 | pay 0.0006% / 1h | 24m 36s | — | $1.0M | 25x |
| Short | Bullet GOLD-USD | 4,323 | 0.0178 | get 0.0022% / 1h | 24m 36s | $59K | $82K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Vest. 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
- $27.82
- Price spread: −0.741% → 0.000%
- −$74.05
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$56.23
- Costs to cover
- 0.100%
- Break-even
- 21.1 days
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
Vest and 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0087% | 1h | 4,316.6 | −0.890% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,327.2 | −0.645% | $92K | $7.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,318.9 | −0.836% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0011% | 4h | 4,323.6 | −0.729% | $77.3M | $154.9M | 150x | as long as short |
| Hotstuff GOLD-PERP | +0.0032% | 1h | 4,319 | −0.833% | $32K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.112% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,323.4 | −0.732% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,322 | −0.765% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,355.3 | long leg | — | $1.0M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.1 | −0.831% | $291.5M | $51.2M | 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 | 4,318.2 | −0.852% | $15.0M | $55.3M | 25x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,321.8 | −0.769% | $20.3M | $30.6M | 25x | as long as short |
| Aster XAUUSD1 | +0.0067% | 4h | 4,324.7 | −0.702% | $72.5M | $277.1M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,320.3 | −0.804% | $2.1M | $4.9M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0075% | 8h | 4,321.8 | −0.770% | $2K | $13K | 5x | as long as short |
| Kalshi KXGOLDPERP | +0.0077% | 24h | 4,323.9 | −0.721% | $3.8M | $43.7M | 15x | as long as short |
| Extended XAU-USD | +0.0080% | 1h | 4,318.5 | −0.844% | $12.9M | $37.0M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0082% | 4h | 4,323.1 | −0.739% | $1.4M | $3.0M | 25x | as long as short |
| Variational Omni XAU | +0.0090% | 4h | 4,322.1 | −0.761% | $47.3M | $28.9M | — | as long as short |
| MEXC XAU_USDT | +0.0096% | 4h | 4,322.8 | −0.747% | $362.1M | $331.0M | 1000x | as long as short |
| Binance XAUUSDT | +0.0097% | 4h | 4,322.8 | −0.746% | $417.2M | $2.12B | 100x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,319.6 | −0.820% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,318.8 | −0.838% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,319.8 | −0.814% | $272K | $208K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.1 | −0.763% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0108% | 4h | 4,318.8 | −0.839% | $30.0M | $59.5M | 50x | as long as short |
| Gate XAU_USDT | +0.0110% | 4h | 4,324.8 | −0.700% | $281.2M | $418.6M | 100x | as long as short |
| Lighter RH XAU | +0.0112% | 1h | 4,324.4 | −0.709% | $19.8M | $38.9M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0153% | 1h | 4,320 | −0.811% | $584K | $135K | 25x | as long as short |
| Bullet GOLD-USDshort | +0.0178% | 1h | 4,323 | −0.741% | $59K | $82K | 10x | |
| RISEx XAU/USDC | +0.0184% | 1h | 4,325.1 | −0.694% | $4.2M | $12.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0209% | 1h | 4,323.4 | −0.732% | $4.3M | $1.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0222% | 4h | 4,322.5 | −0.753% | $67.7M | $117.9M | 100x | as long as short |
| HTX XAU-USDT | +0.0254% | 4h | 4,328.5 | −0.616% | $2.8M | $4.9M | 75x | as long as short |
| OKX XAU-USDT-SWAP | +0.0304% | 8h | 4,323.3 | −0.735% | $171.8M | $298.0M | 100x | as long as short |
| Phemex XAUUSDT | +0.0330% | 4h | 4,325.7 | −0.679% | $2.2M | $967K | 100x | as long as short |
| BloFin XAU-USDT | +0.0337% | 4h | 4,322.4 | −0.757% | $16.2M | $4.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0352% | 1h | 4,321.8 | −0.769% | $191K | $836K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,323.5 | −0.730% | $252K | — | 111x | as long as short |
Bullet GOLD-USD
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Lighter XAU
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Kalshi KXGOLDPERP
Extended XAU-USD
GRVT XAU_USDT_Perp
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
edgeX XAUUSDC
Gate XAU_USDT
Lighter RH XAU
Kraken Futures PF_XAUUSD
RISEx XAU/USDC
Polymarket Perps GOLD-USD
Bitget XAUUSDT
HTX XAU-USDT
OKX XAU-USDT-SWAP
Phemex XAUUSDT
BloFin XAU-USDT
Deribit GOLD_USDC-PERPETUAL
GMX GOLD/USD [ETH-USDC]