XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.232%

Price spread now: gTrade (Gains Network) against Bluefin+0.039%56s7-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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.039% dearer against Bluefin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 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	Bluefin GOLD-PERP	4,317.2	−0.0093	get 0.0012% / 1h	26m 22s	$25K	$1K	20x
Short	gTrade (Gains Network) XAU/USD	4,318.9	L +0.0002% / S −0.0003%	get 0.0000% / 1h	26m 22s	$270K	—	250x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.039%Rate

Funding earned: $20.15
Price spread: +0.039% → 0.000%: $3.89
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Net: $10.04
Costs to cover: 0.140%
Break-even: 3.5 days

Slippage unknown: Bluefin: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 48 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 gTrade (Gains Network) virtual book (oracle venue), 48 min ago	130.01 bp	133.5 bp −$134	243.0 bp −$2,430	1975.4 bp −$197.5K	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
Bluefin GOLD-PERPlong	−0.0093%	1h	4,317.2	long leg	$25K	$1K	20x
SunX XAU-USDT	0.0000%	4h	4,328.3	+0.257%	$92K	$7.7M	20x	as long as short
gTrade (Gains Network) XAU/USDshort	L +0.0002% / S −0.0003%	1h	4,318.9	+0.039%	$270K	—	250x
Bybit XAUUSDT	+0.0009%	4h	4,324.8	+0.177%	$77.4M	$154.9M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.769%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.4	+0.144%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,322	+0.111%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,356	+0.899%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,319.4	+0.051%	$32K	—	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,319	+0.042%	$291.5M	$51.5M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,319.7	+0.058%	$15.0M	$55.5M	25x	as long as short
Lighter XAU	+0.0064%	1h	4,323.2	+0.139%	$20.3M	$30.5M	25x	as long as short
Aster XAUUSD1	+0.0066%	4h	4,324.7	+0.174%	$72.5M	$277.3M	20x	as long as short
Extended XAU-USD	+0.0072%	1h	4,319.8	+0.060%	$12.9M	$36.9M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,321.2	+0.093%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0075%	8h	4,323.1	+0.136%	$2K	$13K	5x	as long as short
Kalshi KXGOLDPERP	+0.0076%	24h	4,324.6	+0.171%	$3.8M	$43.7M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0080%	4h	4,323	+0.135%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0090%	4h	4,322.5	+0.123%	$47.4M	$28.8M	—	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,323.7	+0.149%	$362.1M	$330.9M	1000x	as long as short
Binance XAUUSDT	+0.0096%	4h	4,323	+0.133%	$417.2M	$2.13B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.8	+0.060%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320	+0.064%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.9	+0.063%	$272K	$208K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,322.8	+0.129%	$160K	$87	10x	as long as short
Gate XAU_USDT	+0.0106%	4h	4,326.1	+0.207%	$281.0M	$418.0M	100x	as long as short
edgeX XAUUSDC	+0.0111%	4h	4,318.4	+0.028%	$30.0M	$59.4M	50x	as long as short
Lighter RH XAU	+0.0112%	1h	4,325.7	+0.197%	$19.9M	$38.8M	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,320.5	+0.077%	$585K	$135K	25x	as long as short
Bullet GOLD-USD	+0.0177%	1h	4,323.1	+0.137%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,325.4	+0.191%	$4.2M	$12.9M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0209%	1h	4,323.4	+0.144%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0222%	4h	4,324	+0.158%	$67.8M	$118.0M	100x	as long as short
HTX XAU-USDT	+0.0246%	4h	4,328.2	+0.254%	$2.8M	$4.9M	75x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0282%	1h	4,321.9	+0.109%	$192K	$836K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0305%	8h	4,324.4	+0.167%	$171.7M	$298.2M	100x	as long as short
Phemex XAUUSDT	+0.0329%	4h	4,324.6	+0.171%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0336%	4h	4,323	+0.135%	$16.1M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,323.5	+0.146%	$252K	—	111x	as long as short