XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0082%/8h= −8.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.043%

Price spread now: SunX against Binance+0.094%7-day average +0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$670.673% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.185%−$19 on $10k

Price spread, last 2 days (all we have)+0.004%$0 · spread now +0.094%, 7d avg +0.094%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.094%, so right now this pair is about funding alone: −$2 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	4,357	0.0082	pay 0.0041% / 4h	2h 40m	$410.4M	$2.11B	100x
Short	SunX XAU-USDT	4,361.1	0	get 0.0000% / 4h	2h 40m	$93K	$9.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.094%Rate

Funding earned: −$17.14
Price spread: +0.094% → +0.094%: −$0.06
Slippage, 4 orders: −$49.35
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$84.54
Costs to cover: 0.673%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; SunX: live order book, 8 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, 3 min ago	0.01 bp	5.0 bp −$5	5.1 bp −$51	7.5 bp −$747	doesn't fit
Sell SunX live order book, 8 min ago	23.68 bp	29.6 bp −$30	47.2 bp −$472	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
Bluefin GOLD-PERP	−0.0318%	1h	4,348.4	−0.199%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	−0.0104%	1h	4,352	−0.116%	$33K	—	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,357.7	+0.015%	$69.7M	$281.9M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,358.7	+0.039%	$263.2M	$406.9M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,353.1	−0.090%	$4.1M	$36.5M	15x	as long as short
SunX XAU-USDTshort	0.0000%	4h	4,361.1	+0.094%	$93K	$9.7M	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,352.5	−0.105%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,353.3	−0.086%	$13.6M	$43.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.152%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,358.2	+0.027%	$3.8M	$4.7M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,389.1	+0.736%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,356.3	−0.016%	$20.7M	$43.5M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,358.9	+0.042%	$20.1M	$40.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,354.5	−0.058%	$293.8M	$48.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,352.8	−0.098%	$15.0M	$57.5M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,354.6	−0.056%	$5.6M	$1.9M	20x	as long as short
Polymarket Perps GOLD-USD	+0.0060%	1h	4,354.8	−0.051%	$4.3M	$1.9M	20x	as long as short
Variational Omni XAU	+0.0061%	4h	4,355.7	−0.031%	$48.3M	$28.4M	—	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,350.6	−0.148%	$2.0M	$5.0M	25x	as long as short
MEXC XAU_USDT	+0.0080%	4h	4,357.2	+0.003%	$372.4M	$321.4M	1000x	as long as short
Binance XAUUSDTlong	+0.0082%	4h	4,357	long leg	$410.4M	$2.11B	100x
Paradex XAU-USD-PERP	+0.0085%	8h	4,355	−0.047%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0098%	4h	4,351.9	−0.118%	$30.3M	$60.4M	50x	as long as short
Pacifica XAU	+0.0100%	1h	4,351.7	−0.123%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,353.3	−0.085%	$275K	$204K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,355.8	−0.027%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0121%	1h	4,354.7	−0.054%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,355.2	−0.043%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0138%	4h	4,358.7	+0.037%	$1.4M	$3.0M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0140%	1h	4,355.2	−0.042%	$234K	$661K	25x	as long as short
Bitget XAUUSDT	+0.0144%	4h	4,357.7	+0.014%	$69.3M	$109.7M	100x	as long as short
Bullet GOLD-USD	+0.0156%	1h	4,355.5	−0.034%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0183%	4h	4,358.1	+0.025%	$84.1M	$143.5M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0224%	8h	4,358.9	+0.043%	$164.9M	$284.9M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,353.1	−0.090%	$594K	$141K	25x	as long as short
BloFin XAU-USDT	+0.0286%	4h	4,364.8	+0.178%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,355.5	−0.034%	$253K	—	111x	as long as short
Phemex XAUUSDT	+0.0411%	4h	4,360.9	+0.088%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0530%	4h	4,361	+0.091%	$2.9M	$3.9M	75x	as long as short