XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h +0.005%

Price spread now: Bybit against Aster−0.023%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$200.196% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.023%, 7d avg +0.017%

Together, before fees+0.044%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.040% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAUUSD1	4,348	0.0104	pay 0.0052% / 4h	2h 57m	$71.6M	$331.3M	20x
Short	Bybit XAUUSDT	4,347	0.0055	get 0.0028% / 4h	2h 57m	$80.1M	$151.9M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$10.2
Price spread: −0.023% → +0.017%: −$4
Slippage, 4 orders: −$0.58
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$33.78
Costs to cover: 0.196%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Bybit: live order book, 2 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 Aster live order book, 2 min ago	0.01 bp	4.0 bp −$4	4.0 bp −$40	15.3 bp −$1,530	doesn't fit
Sell Bybit live order book, 2 min ago	0.01 bp	5.5 bp −$6	5.9 bp −$59	9.4 bp −$938	30.8 bp −$15.4K

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	−0.0047%	1h	4,339.9	−0.186%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,350.7	+0.063%	$92K	$8.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,343.3	−0.108%	$272K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,343.2	−0.110%	$13.2M	$37.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.056%	$619	$54	52x	as long as short
Hotstuff GOLD-PERP	+0.0040%	1h	4,342.8	−0.120%	$33K	—	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,345.3	−0.062%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,344.5	−0.080%	$5.6M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,379.4	+0.722%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,345.9	−0.048%	$20.7M	$30.1M	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	4,343	−0.115%	$293.7M	$49.3M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,342.9	−0.118%	$15.1M	$56.7M	25x	as long as short
Kalshi KXGOLDPERP	+0.0053%	24h	4,344.9	−0.071%	$4.3M	$39.2M	15x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,347	−0.023%	$3.7M	$12.6M	25x	as long as short
Bybit XAUUSDTshort	+0.0055%	4h	4,347	−0.023%	$80.1M	$151.9M	150x
Gate XAU_USDT	+0.0066%	4h	4,348.6	+0.013%	$268.6M	$394.5M	100x	as long as short
Paradex XAU-USD-PERP	+0.0069%	8h	4,346.3	−0.039%	$19K	$5K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,342.8	−0.120%	$2.1M	$4.7M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0095%	1h	4,345.7	−0.053%	$204K	$825K	25x	as long as short
Lighter RH XAU	+0.0096%	1h	4,347.9	−0.002%	$20.1M	$38.0M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,342.6	−0.123%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,343	−0.114%	$274K	$203K	50x	as long as short
Aster XAUUSD1long	+0.0104%	4h	4,348	long leg	$71.6M	$331.3M	20x
Variational Omni XAU	+0.0106%	4h	4,346	−0.046%	$48.4M	$27.6M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,345.9	−0.048%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,346.2	−0.040%	$370.3M	$316.9M	1000x	as long as short
Binance XAUUSDT	+0.0119%	4h	4,346.3	−0.040%	$419.0M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0124%	4h	4,342.4	−0.130%	$30.2M	$58.1M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0130%	4h	4,346.5	−0.034%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0136%	1h	4,343.3	−0.108%	$47K	$76K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0159%	1h	4,346.5	−0.034%	$4.2M	$2.0M	20x	as long as short
Bullet GOLD-USD	+0.0160%	1h	4,346.7	−0.030%	$59K	$82K	10x	as long as short
Phemex XAUUSDT	+0.0226%	4h	4,349.2	+0.027%	$2.2M	$967K	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0247%	1h	4,343.8	−0.097%	$591K	$128K	25x	as long as short
Bitget XAUUSDT	+0.0276%	4h	4,347.3	−0.016%	$71.1M	$108.1M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0332%	8h	4,347.7	−0.007%	$167.6M	$282.3M	100x	as long as short
HTX XAU-USDT	+0.0339%	4h	4,348.8	+0.018%	$2.8M	$4.6M	75x	as long as short
BloFin XAU-USDT	+0.0364%	4h	4,346.3	−0.038%	$15.8M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,346.9	−0.025%	$250K	—	111x	as long as short