XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.036%

Price spread now: GRVT against Bitget−0.046%7-day average 0.000% · 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−$26as in the Price arb table

costs, in and out, $10k−$220.217% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.046%, 7d avg 0.000%

Together, before fees−0.031%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.046% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,324.2	0.0228	pay 0.0114% / 4h	1h 33m	$67.9M	$118.6M	100x
Short	GRVT XAU_USDT_Perp	4,322.2	0.0082	get 0.0041% / 4h	1h 33m	$1.4M	$3.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$30.66
Price spread: −0.046% → 0.000%: −$4.64
Slippage, 4 orders: −$0.73
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$57.03
Costs to cover: 0.217%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; GRVT: live order book, 5 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	6.0 bp −$6	6.6 bp −$66	10.1 bp −$1,007	doesn't fit
Sell GRVT live order book, 5 min ago	0.01 bp	4.5 bp −$5	4.5 bp −$45	6.3 bp −$631	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	−0.0095%	1h	4,316.7	−0.173%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,328	+0.087%	$92K	$7.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319	−0.121%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0003%	4h	4,325.1	+0.022%	$77.5M	$155.2M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.606%	$619	$54	52x	as long as short
Hotstuff GOLD-PERP	+0.0040%	1h	4,319.1	−0.118%	$32K	—	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.2	−0.023%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,322.4	−0.042%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,356	+0.735%	—	$1.0M	25x	as long as short
Extended XAU-USD	+0.0048%	1h	4,320.2	−0.092%	$12.9M	$37.0M	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	4,320.3	−0.090%	$291.5M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,320.5	−0.087%	$15.0M	$55.6M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,323.4	−0.018%	$20.3M	$30.4M	25x	as long as short
Aster XAUUSD1	+0.0069%	4h	4,325.7	+0.034%	$72.5M	$278.8M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.2	−0.116%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0073%	8h	4,323.6	−0.014%	$2K	$13K	5x	as long as short
Kalshi KXGOLDPERP	+0.0074%	24h	4,323.8	−0.009%	$3.8M	$43.6M	15x	as long as short
GRVT XAU_USDT_Perpshort	+0.0082%	4h	4,322.2	−0.046%	$1.4M	$3.0M	25x
Variational Omni XAU	+0.0092%	4h	4,321.3	−0.066%	$47.3M	$28.9M	—	as long as short
Gate XAU_USDT	+0.0096%	4h	4,326.1	+0.045%	$282.6M	$415.5M	100x	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,324.1	−0.002%	$365.3M	$330.3M	1000x	as long as short
Binance XAUUSDT	+0.0097%	4h	4,324.1	−0.002%	$416.1M	$2.13B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,320.2	−0.093%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320.2	−0.092%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,318.3	−0.137%	$272K	$208K	50x	as long as short
edgeX XAUUSDC	+0.0101%	4h	4,316.8	−0.172%	$30.0M	$61.1M	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,326.1	+0.043%	$19.8M	$38.7M	25x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,323.3	−0.021%	$160K	$87	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,321.5	−0.063%	$584K	$134K	25x	as long as short
Bullet GOLD-USD	+0.0177%	1h	4,324.1	−0.002%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,327	+0.066%	$4.2M	$12.8M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0190%	1h	4,322.5	−0.039%	$192K	$834K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0210%	1h	4,324.2	0.000%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDTlong	+0.0228%	4h	4,324.2	long leg	$67.9M	$118.6M	100x
HTX XAU-USDT	+0.0233%	4h	4,328.6	+0.101%	$2.8M	$4.9M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0309%	8h	4,325	+0.019%	$171.3M	$297.7M	100x	as long as short
BloFin XAU-USDT	+0.0337%	4h	4,324.1	−0.002%	$16.1M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0343%	4h	4,324.6	+0.009%	$2.2M	$967K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,322.4	−0.043%	$252K	—	111x	as long as short