Funding you earn now, next payment 02:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.020%
Price spread now: tradeXYZ against Aevo+0.023%55s7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.023%, 7d avg −0.074%
=Together, before fees−0.171%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.097% dearer against Aevo than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.074%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 7 days (−0.053% in total) that is about 13 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAU-PERP | 4,353.2 | 0.0104 | pay 0.0013% / 1h | 36m 25s | $161K | $87 | 10x |
| Short | tradeXYZ xyz:GOLD | 4,354.2 | 0.0050 | get 0.0006% / 1h | 36m 25s | $294.0M | $48.4M | 25x |
Aevo XAU-PERP
tradeXYZ xyz:GOLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Aevo. 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
- −$11.34
- Price spread: +0.023% → −0.074%
- $9.74
- Slippage, 4 orders
- −$18.18
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$53.78
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 32 min ago; tradeXYZ: live order book, 13 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, 32 min ago | 6.00 bp | 15.2 bp −$15 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 13 min ago | 0.12 bp | 12.3 bp −$12 | 13.1 bp −$131 | 14.9 bp −$1,487 | 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 | −0.0316% | 1h | 4,348.2 | −0.115% | $25K | $14K | 20x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,357 | +0.089% | $70.1M | $293.1M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,358.8 | +0.130% | $263.5M | $408.2M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,352.3 | −0.020% | $4.1M | $36.5M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,357.9 | +0.108% | $93K | $9.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,353.5 | +0.008% | $270K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,352.9 | −0.007% | $13.6M | $43.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0032% | 1h | 4,352.8 | −0.009% | $33K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.064% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,356 | +0.065% | $3.8M | $4.7M | 40x | as long as short |
Bluefin GOLD-PERP
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Hotstuff GOLD-PERP
Injective XAU/USDC PERP
StandX XAU-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,390.7 | +0.862% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,356 | +0.064% | $20.7M | $43.5M | 25x | as long as short |
| Lighter RH XAU | +0.0048% | 1h | 4,356.8 | +0.082% | $20.1M | $40.8M | 25x | as long as short |
| tradeXYZ xyz:GOLDshort | +0.0050% | 1h | 4,354.2 | +0.023% | $294.0M | $48.4M | 25x | |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,354.3 | +0.026% | $14.9M | $57.8M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,356.7 | +0.081% | $5.6M | $1.9M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.0060% | 1h | 4,356.4 | +0.074% | $4.3M | $1.9M | 20x | as long as short |
| Variational Omni XAU | +0.0061% | 4h | 4,355.7 | +0.058% | $48.3M | $28.4M | — | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,350.9 | −0.052% | $2.0M | $5.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0083% | 8h | 4,357 | +0.089% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0084% | 4h | 4,350.2 | −0.069% | $30.3M | $60.6M | 50x | as long as short |
| MEXC XAU_USDT | +0.0084% | 4h | 4,357.4 | +0.096% | $374.2M | $322.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0086% | 4h | 4,357.5 | +0.100% | $409.6M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,352.7 | −0.011% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,353.9 | +0.016% | $275K | $204K | 50x | as long as short |
| Aevo XAU-PERPlong | +0.0104% | 1h | 4,353.2 | long leg | $161K | $87 | 10x | |
| Phoenix GOLD | +0.0121% | 1h | 4,355.1 | +0.044% | $48K | $64K | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,357 | +0.088% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0136% | 4h | 4,357.5 | +0.099% | $1.4M | $2.9M | 25x | as long as short |
| Bitget XAUUSDT | +0.0152% | 4h | 4,358.3 | +0.116% | $69.2M | $109.7M | 100x | as long as short |
| Bullet GOLD-USD | +0.0156% | 1h | 4,357.4 | +0.097% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0190% | 4h | 4,359.1 | +0.136% | $84.1M | $143.6M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0226% | 8h | 4,359.2 | +0.138% | $165.0M | $284.2M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0256% | 1h | 4,353.1 | −0.002% | $234K | $661K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,351.2 | −0.047% | $593K | $141K | 25x | as long as short |
| BloFin XAU-USDT | +0.0286% | 4h | 4,364.8 | +0.267% | $15.5M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0382% | 4h | 4,358.5 | +0.123% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,354 | +0.020% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0525% | 4h | 4,358.9 | +0.132% | $2.9M | $3.9M | 75x | as long as short |
Vest GC-PERP
Lighter XAU
Lighter RH XAU
Ondo Perps XAU-USD.P
QFEX GOLD-USD
Polymarket Perps GOLD-USD
Variational Omni XAU
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
edgeX XAUUSDC
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
RISEx XAU/USDC
GRVT XAU_USDT_Perp
Bitget XAUUSDT
Bullet GOLD-USD
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT