XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.61 per $10,000 · paid last 24h −0.008%

Price spread now: Bybit against Binance+0.030%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$210.212% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days−0.015%−$2 · spread now +0.030%, 7d avg +0.014%

Together, before fees−0.045%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAUUSDT	4,352.7	0.0074	pay 0.0037% / 4h	1h 33m	$413.0M	$2.10B	100x
Short	Bybit XAUUSDT	4,354	0.0195	get 0.0098% / 4h	1h 33m	$84.5M	$145.2M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.030%Rate

Funding earned: $25.45
Price spread: +0.030% → +0.014%: $1.52
Slippage, 4 orders: −$0.2
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $5.77
Costs to cover: 0.212%
Break-even: 5.4 days

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 5 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 Binance live order book, 10 min ago	0.01 bp	5.0 bp −$5	5.6 bp −$56	7.2 bp −$719	doesn't fit
Sell Bybit live order book, 5 min ago	0.01 bp	5.7 bp −$6	6.8 bp −$68	11.2 bp −$1,122	34.0 bp −$17.0K

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
SunX XAU-USDT	0.0000%	4h	4,355.9	+0.072%	$93K	$9.3M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,347.5	−0.121%	$267K	—	250x	as long as short
Gate XAU_USDT	+0.0006%	4h	4,353.8	+0.025%	$266.6M	$410.5M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,351.8	−0.021%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,348.8	−0.091%	$13.6M	$39.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.053%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0038%	24h	4,349.7	−0.070%	$4.1M	$36.9M	15x	as long as short
Aster XAUUSD1	+0.0039%	4h	4,353.1	+0.008%	$70.4M	$333.6M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,352.1	−0.015%	$3.8M	$4.6M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,385.9	+0.762%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0046%	1h	4,351.5	−0.028%	$5.6M	$1.9M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0048%	4h	4,351.9	−0.020%	$1.4M	$3.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,347.8	−0.113%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,349.1	−0.084%	$293.8M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,348.8	−0.092%	$15.1M	$57.6M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,351.4	−0.032%	$20.6M	$42.1M	25x	as long as short
Variational Omni XAU	+0.0058%	4h	4,350.5	−0.052%	$48.3M	$27.8M	—	as long as short
MEXC XAU_USDT	+0.0072%	4h	4,352.4	−0.008%	$372.7M	$317.9M	1000x	as long as short
Binance XAUUSDTlong	+0.0074%	4h	4,352.7	long leg	$413.0M	$2.10B	100x
Lighter RH XAU	+0.0080%	1h	4,353.4	+0.016%	$20.1M	$39.7M	25x	as long as short
Paradex XAU-USD-PERP	+0.0084%	8h	4,352.6	−0.004%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0089%	4h	4,346.1	−0.152%	$30.3M	$58.8M	50x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,351.4	−0.032%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,349.5	−0.074%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,348.5	−0.098%	$275K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,344.9	−0.179%	$25K	$14K	20x	as long as short
Polymarket Perps GOLD-USD	+0.0134%	1h	4,351.2	−0.035%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,346.5	−0.143%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0176%	1h	4,349.1	−0.084%	$33K	—	25x	as long as short
Bybit XAUUSDTshort	+0.0195%	4h	4,354	+0.030%	$84.5M	$145.2M	150x
Bitget XAUUSDT	+0.0212%	4h	4,352.7	−0.001%	$70.2M	$109.8M	100x	as long as short
Bullet GOLD-USD	+0.0220%	1h	4,352	−0.017%	$59K	$83K	10x	as long as short
Phemex XAUUSDT	+0.0236%	4h	4,352.9	+0.005%	$2.2M	$1.1M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0252%	8h	4,353.6	+0.020%	$164.9M	$281.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,348.9	−0.088%	$593K	$133K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0279%	1h	4,351.4	−0.031%	$258K	$705K	25x	as long as short
BloFin XAU-USDT	+0.0293%	4h	4,351.2	−0.035%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0403% / S −0.0213%	1h	4,351.6	−0.026%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0558%	4h	4,357.1	+0.100%	$2.9M	$4.2M	75x	as long as short