XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.031%

Price spread now: Bybit against Bitget+0.022%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$230.235% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.022%, 7d avg +0.013%

Together, before fees−0.097%−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,359.7	0.0166	pay 0.0083% / 4h	2h 25m	$69.5M	$109.5M	100x
Short	Bybit XAUUSDT	4,360.6	0.0170	get 0.0085% / 4h	2h 25m	$84.1M	$144.0M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0.76
Price spread: +0.022% → +0.013%: $0.84
Slippage, 4 orders: −$0.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$21.9
Costs to cover: 0.235%
Break-even: 208.6 days

Slippage from Bitget: live order book, 4 min ago; Bybit: 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 Bitget live order book, 4 min ago	0.01 bp	6.1 bp −$6	7.6 bp −$76	11.0 bp −$1,097	doesn't fit
Sell Bybit live order book, 4 min ago	0.01 bp	5.5 bp −$6	5.8 bp −$58	8.4 bp −$835	30.9 bp −$15.4K

XAU on 38 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
Hotstuff GOLD-PERP	−0.0072%	1h	4,355.3	−0.100%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,360.6	+0.023%	$263.3M	$411.1M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,356.4	−0.075%	$4.1M	$36.0M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,363	+0.076%	$93K	$9.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,355.7	−0.091%	$270K	—	250x	as long as short
Aster XAUUSD1	+0.0011%	4h	4,359.8	+0.002%	$70.6M	$292.2M	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,355.4	−0.097%	$13.5M	$42.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.212%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,357.1	−0.058%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,392.5	+0.754%	—	$1.0M	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAU	+0.0048%	1h	4,358.1	−0.035%	$20.7M	$43.6M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,359.2	−0.010%	$20.1M	$40.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,356.8	−0.065%	$294.3M	$48.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,355.7	−0.091%	$14.9M	$57.9M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,357.8	−0.042%	$5.6M	$1.9M	20x	as long as short
Polymarket Perps GOLD-USD	+0.0058%	1h	4,358.1	−0.036%	$4.3M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,356	−0.084%	$2.0M	$5.0M	25x	as long as short
Variational Omni XAU	+0.0072%	4h	4,356.4	−0.075%	$48.3M	$28.1M	—	as long as short
Paradex XAU-USD-PERP	+0.0081%	8h	4,358.9	−0.017%	$19K	$5K	5x	as long as short
MEXC XAU_USDT	+0.0088%	4h	4,359.5	−0.004%	$376.1M	$323.1M	1000x	as long as short
Binance XAUUSDT	+0.0090%	4h	4,359.5	−0.004%	$409.2M	$2.10B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,355.5	−0.095%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,355	−0.106%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,352	−0.176%	$26K	$14K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,358.4	−0.030%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0104%	4h	4,351.3	−0.192%	$30.3M	$59.7M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0110%	4h	4,357	−0.062%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,357.7	−0.045%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,358.4	−0.029%	$3.4M	$12.4M	25x	as long as short
Bullet GOLD-USD	+0.0156%	1h	4,359.5	−0.004%	$59K	$83K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0163%	1h	4,357.6	−0.047%	$235K	$662K	25x	as long as short
Bitget XAUUSDTlong	+0.0166%	4h	4,359.7	long leg	$69.5M	$109.5M	100x
Bybit XAUUSDTshort	+0.0170%	4h	4,360.6	+0.022%	$84.1M	$144.0M	150x
OKX XAU-USDT-SWAP	+0.0231%	8h	4,361.1	+0.033%	$164.9M	$283.0M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,356.7	−0.067%	$594K	$139K	25x	as long as short
Phemex XAUUSDT	+0.0359%	4h	4,361.1	+0.032%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,359.5	−0.004%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.0525%	4h	4,363.5	+0.089%	$2.9M	$3.9M	75x	as long as short