XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.044%

Price spread now: BloFin against Bitget+0.040%65s7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs+$3as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.245% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.277%+$28 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.040%, 7d avg −0.001%

Together, before fees+0.263%+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.041% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,326.3	0.0236	pay 0.0118% / 4h	1h 58m	$68.0M	$119.1M	100x
Short	BloFin XAU-USDT	4,328	0.0335	get 0.0168% / 4h	1h 58m	$16.0M	$4.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.040%Rate

Funding earned: $20.81
Price spread: +0.040% → −0.001%: $4.09
Slippage, 4 orders: −$0.53
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $0.37
Costs to cover: 0.245%
Break-even: 6.9 days

Slippage from Bitget: live order book, 1 min ago; BloFin: 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 Bitget live order book, 1 min ago	0.01 bp	6.1 bp −$6	6.9 bp −$69	11.2 bp −$1,122	doesn't fit
Sell BloFin live order book, 6 min ago	0.01 bp	6.0 bp −$6	6.2 bp −$62	6.9 bp −$692	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	−0.0017%	1h	4,320.4	−0.136%	$25K	$14K	20x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,326.8	+0.013%	$78.1M	$156.6M	150x	as long as short
SunX XAU-USDT	0.0000%	4h	4,330.4	+0.095%	$92K	$8.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,322.5	−0.087%	$270K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,322.7	−0.083%	$13.1M	$36.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.558%	$619	$54	52x	as long as short
Lighter XAU	+0.0040%	1h	4,325.4	−0.021%	$20.4M	$30.0M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,329.5	+0.075%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,326.1	−0.004%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,359.4	+0.766%	—	$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
Hotstuff GOLD-PERP	+0.0048%	1h	4,323.4	−0.066%	$32K	—	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,322.6	−0.085%	$291.6M	$51.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,323	−0.075%	$15.0M	$56.2M	25x	as long as short
Kalshi KXGOLDPERP	+0.0066%	24h	4,327.4	+0.026%	$3.9M	$42.5M	15x	as long as short
Gate XAU_USDT	+0.0068%	4h	4,328.1	+0.043%	$270.0M	$403.1M	100x	as long as short
Paradex XAU-USD-PERP	+0.0069%	8h	4,327.4	+0.027%	$19K	$5K	5x	as long as short
GRVT XAU_USDT_Perp	+0.0070%	4h	4,328.6	+0.055%	$1.4M	$3.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,323.6	−0.061%	$2.0M	$4.8M	25x	as long as short
Lighter RH XAU	+0.0080%	1h	4,327.6	+0.032%	$19.8M	$38.2M	25x	as long as short
Aster XAUUSD1	+0.0081%	4h	4,327.8	+0.035%	$72.3M	$322.8M	20x	as long as short
Variational Omni XAU	+0.0086%	4h	4,328.3	+0.048%	$46.8M	$28.8M	—	as long as short
MEXC XAU_USDT	+0.0094%	4h	4,326.1	−0.003%	$364.4M	$323.6M	1000x	as long as short
Binance XAUUSDT	+0.0095%	4h	4,326.3	0.000%	$412.9M	$2.12B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,323.7	−0.060%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,327.3	+0.025%	$272K	$208K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,325.3	−0.022%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0108%	4h	4,325.5	−0.017%	$30.1M	$60.7M	50x	as long as short
Phoenix GOLD	+0.0127%	1h	4,327.4	+0.026%	$47K	$76K	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,323.4	−0.065%	$589K	$130K	25x	as long as short
Bullet GOLD-USD	+0.0182%	1h	4,326.7	+0.011%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,327.9	+0.037%	$3.8M	$12.5M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0196%	1h	4,326.7	+0.010%	$4.2M	$1.9M	20x	as long as short
HTX XAU-USDT	+0.0201%	4h	4,330	+0.087%	$2.8M	$5.0M	75x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0213%	1h	4,325.4	−0.020%	$194K	$828K	25x	as long as short
Bitget XAUUSDTlong	+0.0236%	4h	4,326.3	long leg	$68.0M	$119.1M	100x
OKX XAU-USDT-SWAP	+0.0319%	8h	4,326.5	+0.006%	$170.4M	$296.6M	100x	as long as short
BloFin XAU-USDTshort	+0.0335%	4h	4,328	+0.040%	$16.0M	$4.5M	100x
Phemex XAUUSDT	+0.0388%	4h	4,328.9	+0.061%	$2.2M	$961K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,326.8	+0.013%	$253K	—	111x	as long as short