XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.5852%/8h= −640.8% APRnext payment −$7.32 per $10,000 · paid last 24h −0.172%

Price spread now: Aevo against Bluefin+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bluefin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.046% dearer against Bluefin than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$176 a day in funding at the current rate, which eats that in about under an hour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bluefin GOLD-PERP	4,302.9	0.5956	pay 0.0745% / 1h	40m 57s	$25K	$1K	20x
Short	Aevo XAU-PERP	4,304.9	0.0104	get 0.0013% / 1h	40m 57s	$159K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bluefin. 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 BluefinbpFee AevobpOrdersPrice spread, now +0.046%Rate

Funding earned: −$1,228.93
Price spread: +0.046% → 0.000%: $4.55
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1,247.38
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Bluefin: no order-book sample; Aevo: live order book, 58 min ago. Net counts fees only.

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 Bluefin no order-book sample	—	—	—	—	—
Sell Aevo live order book, 58 min ago	5.13 bp	16.9 bp −$17	29.4 bp −$294	doesn't fit	doesn't fit

Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	4,310.5	+0.177%	$92K	$6.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,303.6	+0.015%	$268K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,308.7	+0.135%	$32K	—	25x	as long as short
GRVT XAU_USDT_Perp	+0.0018%	4h	4,306	+0.072%	$1.4M	$3.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+1.104%	$619	$54	52x	as long as short
Bybit XAUUSDT	+0.0037%	4h	4,308.3	+0.125%	$77.1M	$157.2M	150x	as long as short
Extended XAU-USD	+0.0040%	1h	4,303.6	+0.016%	$13.1M	$36.3M	25x	as long as short
Vest GC-PERP	+0.0046%	1h	4,338.2	+0.820%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,306	+0.072%	$6.6M	$3.2M	20x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,304.1	+0.028%	$290.9M	$54.5M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps GOLD-USD	+0.0050%	1h	4,303.7	+0.018%	$4.3M	$1.8M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,303.4	+0.010%	$15.0M	$55.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,302.9	0.000%	$2.0M	$5.1M	25x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,307.7	+0.111%	$73.3M	$271.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0060%	8h	4,306.1	+0.074%	$2K	$13K	5x	as long as short
StandX XAU-USD	+0.0074%	1h	4,308.2	+0.123%	$3.8M	$4.5M	40x	as long as short
Lighter XAU	+0.0080%	1h	4,306.2	+0.077%	$20.3M	$28.7M	25x	as long as short
Phoenix GOLD	+0.0095%	1h	4,303.2	+0.007%	$42K	$86K	25x	as long as short
Lighter RH XAU	+0.0096%	1h	4,308.8	+0.137%	$19.8M	$39.7M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,302.7	−0.006%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,305.9	+0.069%	$276K	$218K	50x	as long as short
Binance XAUUSDT	+0.0102%	4h	4,307.1	+0.097%	$433.8M	$2.22B	100x	as long as short
Aevo XAU-PERPshort	+0.0104%	1h	4,304.9	+0.046%	$159K	$87	10x
Variational Omni XAU	+0.0106%	4h	4,313.8	+0.254%	$46.8M	$29.1M	—	as long as short
MEXC XAU_USDT	+0.0106%	4h	4,307.8	+0.113%	$361.9M	$336.1M	1000x	as long as short
Kalshi KXGOLDPERP	+0.0108%	24h	4,308.7	+0.135%	$3.7M	$46.3M	15x	as long as short
edgeX XAUUSDC	+0.0118%	4h	4,309.9	+0.164%	$30.0M	$62.1M	50x	as long as short
RISEx XAU/USDC	+0.0126%	1h	4,307.1	+0.098%	$4.4M	$13.1M	25x	as long as short
Gate XAU_USDT	+0.0128%	4h	4,309.6	+0.156%	$295.3M	$425.1M	100x	as long as short
Bitget XAUUSDT	+0.0188%	4h	4,308.1	+0.120%	$70.2M	$124.2M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0191%	1h	4,305.8	+0.067%	$134K	$882K	25x	as long as short
Bullet GOLD-USD	+0.0203%	1h	4,307	+0.094%	$58K	$81K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0249%	8h	4,308.2	+0.123%	$170.7M	$329.0M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0328%	1h	4,304.5	+0.037%	$573K	$138K	25x	as long as short
BloFin XAU-USDT	+0.0369%	4h	4,307.5	+0.108%	$16.2M	$5.0M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0466% / S −0.0314%	1h	4,306.4	+0.081%	$255K	—	111x	as long as short
Phemex XAUUSDT	+0.0721%	4h	4,310.8	+0.184%	$2.2M	$951K	100x	as long as short
HTX XAU-USDT	+0.1039%	4h	4,313.4	+0.245%	$3.2M	$6.2M	75x	as long as short
Bluefin GOLD-PERPlong	+0.5956%	1h	4,302.9	long leg	$25K	$1K	20x