XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.023%

Price spread now: MEXC against Bitget−0.011%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$170.168% of the position

Long on Bitget Short on MEXC

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+0.013%+$1 · spread now −0.011%, 7d avg −0.007%

Together, before fees−0.048%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, 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	Bitget XAUUSDT	4,361.3	0.0128	pay 0.0064% / 4h	2h 48m	$69.5M	$111.0M	100x
Short	MEXC XAU_USDT	4,360.8	0.0070	get 0.0035% / 4h	2h 48m	$373.8M	$319.9M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$12.18
Price spread: −0.011% → −0.007%: −$0.44
Slippage, 4 orders: −$0.76
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$29.38
Costs to cover: 0.168%
Break-even: never at this rate

Slippage from Bitget: live order book, 6 min ago; MEXC: 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, 6 min ago	0.01 bp	6.0 bp −$6	7.9 bp −$79	12.2 bp −$1,222	doesn't fit
Sell MEXC live order book, 6 min ago	0.03 bp	2.0 bp −$2	2.0 bp −$20	2.3 bp −$228	19.8 bp −$9,900

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	−0.0382%	1h	4,354.1	−0.164%	$26K	$14K	20x	as long as short
Hotstuff GOLD-PERP	−0.0072%	1h	4,360.5	−0.018%	$33K	—	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,361.7	+0.009%	$68.4M	$268.6M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,362.6	+0.029%	$263.3M	$404.4M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,362.2	+0.021%	$4.1M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,367.7	+0.148%	$93K	$9.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,357.5	−0.087%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,357.5	−0.086%	$13.5M	$43.0M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.249%	$619	$54	52x	as long as short
Lighter XAU	+0.0040%	1h	4,363.1	+0.042%	$20.7M	$43.4M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAU	+0.0040%	1h	4,365.4	+0.095%	$20.2M	$40.7M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,364.8	+0.080%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,395.8	+0.791%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,357.5	−0.087%	$294.1M	$48.4M	25x	as long as short
Variational Omni XAU	+0.0050%	4h	4,366.4	+0.116%	$48.5M	$28.4M	—	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,360.9	−0.008%	$14.9M	$57.6M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,363.4	+0.048%	$5.6M	$1.9M	20x	as long as short
Polymarket Perps GOLD-USD	+0.0054%	1h	4,360.3	−0.023%	$4.3M	$1.9M	20x	as long as short
MEXC XAU_USDTshort	+0.0070%	4h	4,360.8	−0.011%	$373.8M	$319.9M	1000x
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,359.4	−0.044%	$2.0M	$5.0M	25x	as long as short
Binance XAUUSDT	+0.0073%	4h	4,361.2	−0.002%	$410.3M	$2.11B	100x	as long as short
edgeX XAUUSDC	+0.0079%	4h	4,356.8	−0.104%	$30.3M	$60.4M	50x	as long as short
Paradex XAU-USD-PERP	+0.0086%	8h	4,363.9	+0.059%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,360.9	−0.009%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,360.8	−0.011%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,364	+0.063%	$276K	$204K	50x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0117%	1h	4,359.5	−0.041%	$235K	$660K	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,363.7	+0.055%	$48K	$64K	25x	as long as short
Bitget XAUUSDTlong	+0.0128%	4h	4,361.3	long leg	$69.5M	$111.0M	100x
RISEx XAU/USDC	+0.0135%	1h	4,363.7	+0.056%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0146%	4h	4,366.3	+0.114%	$1.4M	$3.1M	25x	as long as short
Bullet GOLD-USD	+0.0148%	1h	4,361.5	+0.004%	$60K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0183%	4h	4,362.4	+0.026%	$83.9M	$144.8M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0219%	8h	4,362.6	+0.030%	$164.8M	$286.5M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,358.5	−0.064%	$594K	$141K	25x	as long as short
BloFin XAU-USDT	+0.0286%	4h	4,364.8	+0.080%	$15.5M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0324%	4h	4,366.6	+0.122%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0391% / S −0.0197%	1h	4,361.5	+0.004%	$252K	—	111x	as long as short
HTX XAU-USDT	+0.0528%	4h	4,369.6	+0.190%	$2.9M	$3.9M	75x	as long as short