XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.016%

Price spread now: Extended against Aevo−0.106%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on Aevo Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.106%, 7d avg −0.045%

Together, before fees−0.133%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.061% cheaper against Aevo than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.045%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAU-PERP	4,324	0.0104	pay 0.0013% / 1h	54m 54s	$160K	$87	10x
Short	Extended XAU-USD	4,319.4	0.0032	get 0.0004% / 1h	54m 54s	$13.1M	$36.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee ExtendedbpOrdersPrice spread, now −0.106%Rate

Funding earned: −$15.12
Price spread: −0.106% → −0.045%: −$6.13
Slippage, 4 orders: −$15.59
Fee Aevo: 8 bp × 2 orders: −$16
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$57.84
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from Aevo: live order book, 54 min ago; Extended: live order book, 4 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 Aevo live order book, 54 min ago	5.21 bp	14.9 bp −$15	29.2 bp −$292	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.12 bp	2.6 bp −$3	3.7 bp −$37	9.3 bp −$935	doesn't fit

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	−0.0032%	1h	4,319.1	−0.114%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,328.6	+0.105%	$92K	$8.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,320	−0.092%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0008%	4h	4,323.8	−0.004%	$77.8M	$156.8M	150x	as long as short
Extended XAU-USDshort	+0.0032%	1h	4,319.4	−0.106%	$13.1M	$36.6M	25x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.610%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,328.3	+0.099%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,325.3	+0.030%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,357.8	+0.781%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,323.4	−0.014%	$32K	—	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,320.9	−0.072%	$291.4M	$51.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,322	−0.047%	$15.0M	$56.1M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,323.3	−0.017%	$20.3M	$30.0M	25x	as long as short
Kalshi KXGOLDPERP	+0.0068%	24h	4,326.5	+0.057%	$3.9M	$42.7M	15x	as long as short
Paradex XAU-USD-PERP	+0.0070%	8h	4,325.6	+0.036%	$19K	$5K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,322.6	−0.033%	$2.1M	$4.9M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0074%	4h	4,326.5	+0.057%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0076%	4h	4,325	+0.022%	$274.1M	$405.0M	100x	as long as short
Aster XAUUSD1	+0.0081%	4h	4,324.8	+0.018%	$72.3M	$318.6M	20x	as long as short
Variational Omni XAU	+0.0089%	4h	4,326.3	+0.053%	$47.1M	$29.2M	—	as long as short
Lighter RH XAU	+0.0096%	1h	4,325.6	+0.037%	$19.8M	$38.3M	25x	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,323.1	−0.021%	$363.0M	$324.2M	1000x	as long as short
Binance XAUUSDT	+0.0097%	4h	4,323	−0.023%	$413.4M	$2.13B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,321.8	−0.052%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,322.3	−0.039%	$272K	$208K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,324.1	+0.002%	$30.1M	$60.3M	50x	as long as short
Aevo XAU-PERPlong	+0.0104%	1h	4,324	long leg	$160K	$87	10x
Phoenix GOLD	+0.0127%	1h	4,324.8	+0.018%	$47K	$79K	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,322.1	−0.045%	$589K	$130K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,326.7	+0.061%	$3.8M	$12.5M	25x	as long as short
Bullet GOLD-USD	+0.0201%	1h	4,327.1	+0.071%	$59K	$82K	10x	as long as short
HTX XAU-USDT	+0.0206%	4h	4,328.2	+0.096%	$2.8M	$4.9M	75x	as long as short
Polymarket Perps GOLD-USD	+0.0211%	1h	4,325.3	+0.030%	$4.2M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0236%	4h	4,323.2	−0.019%	$67.9M	$119.2M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0305%	1h	4,323.4	−0.014%	$193K	$829K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0318%	8h	4,323.2	−0.019%	$170.1M	$297.2M	100x	as long as short
BloFin XAU-USDT	+0.0337%	4h	4,325	+0.023%	$16.0M	$4.4M	100x	as long as short
Phemex XAUUSDT	+0.0395%	4h	4,327.8	+0.086%	$2.2M	$961K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,324.4	+0.009%	$253K	—	111x	as long as short