XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0139%/8h= −15.2% APRnext payment −$0.70 per $10,000 · paid last 24h −0.023%

Price spread now: Binance against Bitget−0.013%7-day average −0.001% · you buy dearer than you sell

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

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

costs, in and out, $10k−$230.230% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 7 days+0.011%+$1 · spread now −0.013%, 7d avg −0.001%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, 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	Bitget XAUUSDT	4,349.1	0.0230	pay 0.0115% / 4h	45m 19s	$70.0M	$109.2M	100x
Short	Binance XAUUSDT	4,348.6	0.0091	get 0.0045% / 4h	45m 19s	$414.4M	$2.09B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.013%Rate

Funding earned: −$29.24
Price spread: −0.013% → −0.001%: −$1.2
Slippage, 4 orders: −$1.02
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$53.46
Costs to cover: 0.230%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 14 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 Bitget live order book, 4 min ago	0.01 bp	6.5 bp −$6	8.0 bp −$80	11.5 bp −$1,147	doesn't fit
Sell Binance live order book, 14 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	6.2 bp −$621	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
RISEx XAU/USDC	0.0000%	1h	4,348.5	−0.015%	$3.4M	$12.3M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,352.9	+0.087%	$93K	$9.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,344.8	−0.099%	$271K	—	250x	as long as short
Gate XAU_USDT	+0.0016%	4h	4,350.1	+0.022%	$269.1M	$409.8M	100x	as long as short
Lighter XAU	+0.0032%	1h	4,346.8	−0.053%	$20.8M	$37.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344.7	−0.101%	$13.3M	$38.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.030%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,348.3	−0.019%	$3.8M	$4.6M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,347.3	−0.042%	$5.7M	$2.0M	20x	as long as short
Kalshi KXGOLDPERP	+0.0043%	24h	4,346.5	−0.060%	$4.1M	$37.1M	15x	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	4,381.1	+0.735%	—	$1.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,342.7	−0.148%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,345.5	−0.083%	$293.8M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,345.4	−0.087%	$15.1M	$56.7M	25x	as long as short
Lighter RH XAU	+0.0056%	1h	4,349.6	+0.010%	$20.1M	$39.1M	25x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,349.2	+0.003%	$71.0M	$333.8M	20x	as long as short
Variational Omni XAU	+0.0077%	4h	4,347.1	−0.046%	$48.4M	$27.7M	—	as long as short
Hotstuff GOLD-PERP	+0.0080%	1h	4,344.6	−0.104%	$33K	—	25x	as long as short
GRVT XAU_USDT_Perp	+0.0080%	4h	4,345.1	−0.093%	$1.4M	$3.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0087%	8h	4,348.3	−0.019%	$19K	$5K	5x	as long as short
MEXC XAU_USDT	+0.0090%	4h	4,348.9	−0.006%	$371.5M	$316.7M	1000x	as long as short
Binance XAUUSDTshort	+0.0091%	4h	4,348.6	−0.013%	$414.4M	$2.09B	100x
Pacifica XAU	+0.0100%	1h	4,344.3	−0.111%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,343.7	−0.125%	$274K	$203K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,341.5	−0.175%	$30.2M	$58.5M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,347.9	−0.028%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0142%	1h	4,343	−0.141%	$47K	$77K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0164%	1h	4,348.2	−0.021%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,345.7	−0.080%	$593K	$133K	25x	as long as short
Phemex XAUUSDT	+0.0205%	4h	4,348.8	−0.007%	$2.2M	$972K	100x	as long as short
Bullet GOLD-USD	+0.0219%	1h	4,348.8	−0.009%	$60K	$83K	10x	as long as short
Bitget XAUUSDTlong	+0.0230%	4h	4,349.1	long leg	$70.0M	$109.2M	100x
Bybit XAUUSDT	+0.0233%	4h	4,350.3	+0.026%	$84.9M	$144.9M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0256%	1h	4,347.5	−0.037%	$244K	$787K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0279%	8h	4,350.6	+0.034%	$165.6M	$281.7M	100x	as long as short
BloFin XAU-USDT	+0.0334%	4h	4,348.9	−0.006%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0411% / S −0.0227%	1h	4,348.8	−0.007%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0627%	4h	4,353.5	+0.101%	$2.9M	$4.3M	75x	as long as short
Bluefin GOLD-PERP	+0.1265%	1h	4,341.3	−0.180%	$25K	$14K	20x	as long as short