XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0286%/8h= −31.3% APRnext payment −$1.43 per $10,000 · paid last 24h −0.094%

Price spread now: Gate against BloFin+0.029%48s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as 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−$270.271% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.467%−$47 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.029%, 7d avg +0.021%

Together, before fees−0.516%−$52 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 48 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	BloFin XAU-USDT	4,341.7	0.0362	pay 0.0181% / 4h	3h 28m	$15.7M	$4.4M	100x
Short	Gate XAU_USDT	4,343	0.0076	get 0.0038% / 4h	3h 28m	$268.7M	$416.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now +0.029%Rate

Funding earned: −$60.06
Price spread: +0.029% → +0.021%: $0.81
Slippage, 4 orders: −$0.09
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$86.34
Costs to cover: 0.271%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Gate: 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 BloFin live order book, 6 min ago	0.01 bp	6.1 bp −$6	6.1 bp −$61	7.6 bp −$760	doesn't fit
Sell Gate live order book, 6 min ago	0.01 bp	7.5 bp −$8	8.5 bp −$85	12.5 bp −$1,248	14.2 bp −$7,108

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
SunX XAU-USDT	0.0000%	4h	4,345.6	+0.089%	$92K	$8.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,337.3	−0.102%	$271K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,340.6	−0.027%	$3.5M	$12.0M	25x	as long as short
Bybit XAUUSDT	+0.0015%	4h	4,342.1	+0.007%	$80.0M	$152.5M	150x	as long as short
Extended XAU-USD	+0.0032%	1h	4,337.2	−0.105%	$13.3M	$37.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.200%	$619	$54	52x	as long as short
Bluefin GOLD-PERP	+0.0033%	1h	4,335.6	−0.142%	$25K	$14K	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,342.5	+0.018%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,340.3	−0.033%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,373.8	+0.739%	—	$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
Lighter XAU	+0.0048%	1h	4,340.2	−0.035%	$20.7M	$34.5M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,338	−0.086%	$293.5M	$49.3M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,338.6	−0.072%	$15.1M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,338.6	−0.072%	$4.2M	$37.4M	15x	as long as short
Lighter RH XAU	+0.0056%	1h	4,342.7	+0.021%	$20.2M	$39.9M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,339.5	−0.051%	$2.1M	$4.8M	25x	as long as short
Paradex XAU-USD-PERP	+0.0061%	8h	4,340.8	−0.021%	$19K	$5K	5x	as long as short
Gate XAU_USDTshort	+0.0076%	4h	4,343	+0.029%	$268.7M	$416.3M	100x
Aster XAUUSD1	+0.0090%	4h	4,343.2	+0.035%	$71.5M	$332.2M	20x	as long as short
Variational Omni XAU	+0.0100%	4h	4,341.1	−0.013%	$48.3M	$27.6M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,337.7	−0.093%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,337.5	−0.097%	$274K	$203K	50x	as long as short
Hotstuff GOLD-PERP	+0.0104%	1h	4,338.1	−0.084%	$33K	—	25x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,338	−0.085%	$30.2M	$58.5M	50x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,340.7	−0.023%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0114%	4h	4,341.5	−0.005%	$371.1M	$320.0M	1000x	as long as short
Binance XAUUSDT	+0.0115%	4h	4,341.4	−0.008%	$417.6M	$2.09B	100x	as long as short
Phoenix GOLD	+0.0136%	1h	4,338.4	−0.077%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0198%	4h	4,341.4	−0.008%	$1.4M	$2.9M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0211%	1h	4,339.7	−0.047%	$204K	$828K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,341.3	−0.010%	$4.3M	$1.9M	20x	as long as short
Bullet GOLD-USD	+0.0216%	1h	4,341.4	−0.007%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,338.3	−0.078%	$592K	$132K	25x	as long as short
Bitget XAUUSDT	+0.0260%	4h	4,341.8	+0.002%	$71.0M	$109.2M	100x	as long as short
Phemex XAUUSDT	+0.0272%	4h	4,344.4	+0.061%	$2.2M	$967K	100x	as long as short
OKX XAU-USDT-SWAP	+0.0324%	8h	4,342.7	+0.022%	$166.9M	$281.7M	100x	as long as short
BloFin XAU-USDTlong	+0.0362%	4h	4,341.7	long leg	$15.7M	$4.4M	100x
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,341.5	−0.006%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0597%	4h	4,345.8	+0.093%	$2.8M	$4.6M	75x	as long as short