Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h −0.024%
Price spread now: Gate against Binance+0.039%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.039%, 7d avg +0.023%
=The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$3 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 | 4,341.1 | 0.0096 | pay 0.0048% / 4h | 3h 54m | $414.1M | $2.09B | 100x |
| Short | Gate XAU_USDT | 4,342.8 | 0 | get 0.0000% / 4h | 3h 54m | $267.4M | $409.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$20.21
- Price spread: +0.039% → +0.023%
- $1.59
- Slippage, 4 orders
- −$0.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$44.03
- Costs to cover
- 0.254%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: 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 Binance live order book, 4 min ago | 0.01 bp | 5.0 bp −$5 | 5.2 bp −$52 | 6.7 bp −$670 | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.01 bp | 7.5 bp −$8 | 8.9 bp −$89 | 13.1 bp −$1,310 | 14.3 bp −$7,161 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XAU_USDTshort | 0.0000% | 4h | 4,342.8 | +0.039% | $267.4M | $409.4M | 100x | |
| SunX XAU-USDT | 0.0000% | 4h | 4,344.8 | +0.084% | $92K | $8.8M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,336.6 | −0.105% | $271K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0005% | 1h | 4,340.6 | −0.013% | $3.5M | $12.3M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,341.7 | +0.013% | $20.1M | $39.0M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,337 | −0.095% | $13.2M | $38.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.214% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,342.1 | +0.022% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,339.8 | −0.030% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,373.2 | +0.739% | — | $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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,338.1 | −0.070% | $293.3M | $48.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0050% | 24h | 4,338.4 | −0.063% | $4.3M | $37.4M | 15x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,337.2 | −0.090% | $15.1M | $56.7M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,339.8 | −0.031% | $20.8M | $34.4M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0056% | 1h | 4,337.1 | −0.093% | $33K | — | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,336.8 | −0.100% | $2.1M | $4.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0071% | 4h | 4,342.2 | +0.025% | $71.3M | $332.5M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0081% | 8h | 4,340.9 | −0.004% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0083% | 4h | 4,341.1 | −0.001% | $48.4M | $27.6M | — | as long as short |
| MEXC XAU_USDT | +0.0096% | 4h | 4,341.2 | +0.002% | $371.4M | $316.8M | 1000x | as long as short |
| Binance XAUUSDTlong | +0.0096% | 4h | 4,341.1 | long leg | $414.1M | $2.09B | 100x | |
| edgeX XAUUSDC | +0.0100% | 4h | 4,339.1 | −0.047% | $30.2M | $58.0M | 50x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,337.1 | −0.092% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,339 | −0.050% | $274K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,334.4 | −0.156% | $25K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,339.7 | −0.032% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,342.5 | +0.032% | $47K | $77K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0165% | 1h | 4,339 | −0.049% | $205K | $826K | 25x | as long as short |
| Bybit XAUUSDT | +0.0168% | 4h | 4,341.8 | +0.017% | $82.9M | $148.7M | 150x | as long as short |
| GRVT XAU_USDT_Perp | +0.0182% | 4h | 4,341 | −0.002% | $1.4M | $2.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0205% | 1h | 4,340.4 | −0.017% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0211% | 1h | 4,340.8 | −0.007% | $59K | $82K | 10x | as long as short |
| Bitget XAUUSDT | +0.0240% | 4h | 4,341.6 | +0.010% | $71.0M | $109.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,337.5 | −0.084% | $592K | $132K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0309% | 8h | 4,342.9 | +0.041% | $165.8M | $281.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0344% | 4h | 4,341.8 | +0.014% | $15.6M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0424% / S −0.0248% | 1h | 4,340.6 | −0.013% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0546% | 4h | 4,344.3 | +0.073% | $2.8M | $4.6M | 75x | as long as short |
| Phemex XAUUSDT | +0.0950% | 4h | 4,344.6 | +0.081% | $2.2M | $967K | 100x | as long as short |
Binance XAUUSDT
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Kalshi KXGOLDPERP
Lighter XAU
Coinbase International GOLD-PERP-INTX
Aster XAUUSD1
Paradex XAU-USD-PERP
Variational Omni XAU
MEXC XAU_USDT
edgeX XAUUSDC
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
Bybit XAUUSDT
GRVT XAU_USDT_Perp
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Bitget XAUUSDT
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT
Phemex XAUUSDT