XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0528%/8h= +57.8% APRnext payment +$2.64 per $10,000 · paid last 24h +0.128%

Price spread now: Phemex against Aster+0.040%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$570.573% of the position

Long on Aster Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.279%+$28 on $10k

Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.040%, 7d avg +0.026%

Together, before fees+0.381%+ Points / potential airdropAster: Stage 5 · farm board+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.279% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAUUSD1	4,309.3	0.0052	pay 0.0026% / 4h	3h 37m	$73.4M	$271.8M	20x
Short	Phemex XAUUSDT	4,311.1	0.0580	get 0.0290% / 4h	3h 37m	$2.2M	$955K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.040%Rate

Funding earned: $110.87
Price spread: +0.040% → +0.026%: $1.33
Slippage, 4 orders: −$37.29
Fee Aster: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: $54.91
Costs to cover: 0.573%
Break-even: 3.5 days

Slippage from Aster: live order book, 6 min ago; Phemex: live order book, 6 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, 6 min ago	0.01 bp	4.0 bp −$4	4.5 bp −$45	18.7 bp −$1,874	doesn't fit
Sell Phemex live order book, 6 min ago	1.08 bp	22.3 bp −$22	doesn't fit	doesn't fit	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
Hotstuff GOLD-PERP	−0.0048%	1h	4,304.9	−0.103%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,312.4	+0.070%	$92K	$6.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,304.6	−0.109%	$278K	—	250x	as long as short
GRVT XAU_USDT_Perp	+0.0018%	4h	4,306	−0.078%	$1.4M	$3.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.953%	$619	$54	52x	as long as short
Vest GC-PERP	+0.0046%	1h	4,339.9	+0.709%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,307	−0.054%	$6.6M	$3.1M	20x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,305.5	−0.089%	$291.0M	$53.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,304.7	−0.108%	$4.3M	$1.8M	20x	as long as short
StandX XAU-USD	+0.0050%	1h	4,309.7	+0.008%	$3.8M	$4.5M	40x	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	4,304.6	−0.111%	$15.0M	$55.8M	25x	as long as short
Aster XAUUSD1long	+0.0052%	4h	4,309.3	long leg	$73.4M	$271.8M	20x
Extended XAU-USD	+0.0056%	1h	4,304.6	−0.110%	$13.1M	$36.3M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,303.6	−0.133%	$2.0M	$5.1M	25x	as long as short
Paradex XAU-USD-PERP	+0.0061%	8h	4,306.8	−0.058%	$2K	$13K	5x	as long as short
Bybit XAUUSDT	+0.0074%	4h	4,309.9	+0.012%	$77.5M	$157.2M	150x	as long as short
Lighter XAU	+0.0080%	1h	4,307.3	−0.048%	$20.3M	$28.8M	25x	as long as short
Variational Omni XAU	+0.0087%	4h	4,306.3	−0.072%	$46.6M	$29.2M	—	as long as short
Phoenix GOLD	+0.0095%	1h	4,303.2	−0.143%	$42K	$86K	25x	as long as short
Lighter RH XAU	+0.0096%	1h	4,309.8	+0.011%	$19.8M	$39.8M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,303.8	−0.129%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,309.1	−0.006%	$361.2M	$336.8M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,304.3	−0.117%	$275K	$218K	50x	as long as short
Binance XAUUSDT	+0.0101%	4h	4,308.5	−0.019%	$434.3M	$2.22B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,307.1	−0.052%	$160K	$87	10x	as long as short
Kalshi KXGOLDPERP	+0.0109%	24h	4,310	+0.015%	$3.7M	$46.4M	15x	as long as short
edgeX XAUUSDC	+0.0121%	4h	4,304.7	−0.108%	$30.0M	$61.4M	50x	as long as short
RISEx XAU/USDC	+0.0126%	1h	4,308.2	−0.027%	$4.4M	$13.1M	25x	as long as short
Gate XAU_USDT	+0.0138%	4h	4,311	+0.039%	$296.1M	$425.9M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0168%	1h	4,307.1	−0.052%	$134K	$884K	25x	as long as short
Bitget XAUUSDT	+0.0190%	4h	4,308.7	−0.015%	$70.3M	$124.4M	100x	as long as short
Bullet GOLD-USD	+0.0200%	1h	4,308.4	−0.021%	$58K	$81K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0249%	8h	4,309.5	+0.004%	$171.0M	$329.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0328%	1h	4,306	−0.079%	$573K	$138K	25x	as long as short
BloFin XAU-USDT	+0.0364%	4h	4,308.3	−0.024%	$16.2M	$5.0M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0466% / S −0.0314%	1h	4,308.7	−0.014%	$255K	—	111x	as long as short
Phemex XAUUSDTshort	+0.0580%	4h	4,311.1	+0.040%	$2.2M	$955K	100x
HTX XAU-USDT	+0.1078%	4h	4,315.7	+0.147%	$3.2M	$6.2M	75x	as long as short
Bluefin GOLD-PERP	+0.5012%	1h	4,302.8	−0.151%	$25K	$1K	20x	as long as short