XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0175%/8h= −19.2% APRnext payment −$0.88 per $10,000 · paid last 24h +0.002%

Price spread now: Aster against Bybit−0.018%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days+0.008%+$1 · spread now −0.018%, 7d avg −0.017%

Together, before fees+0.011%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAUUSDT	4,351.3	0.0234	pay 0.0117% / 4h	43m 28s	$85.0M	$145.0M	150x
Short	Aster XAUUSD1	4,350.5	0.0059	get 0.0030% / 4h	43m 28s	$71.0M	$333.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$36.75
Price spread: −0.018% → −0.017%: −$0.05
Slippage, 4 orders: −$0.75
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$56.56
Costs to cover: 0.197%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; Aster: 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 Bybit live order book, 6 min ago	0.01 bp	5.5 bp −$6	6.8 bp −$68	10.2 bp −$1,015	33.9 bp −$17.0K
Sell Aster live order book, 6 min ago	0.01 bp	4.0 bp −$4	4.2 bp −$42	21.4 bp −$2,141	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
RISEx XAU/USDC	0.0000%	1h	4,349.9	−0.032%	$3.4M	$12.3M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,354	+0.063%	$93K	$9.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,346.3	−0.115%	$271K	—	250x	as long as short
Gate XAU_USDT	+0.0016%	4h	4,351.4	+0.004%	$269.0M	$409.9M	100x	as long as short
Lighter XAU	+0.0032%	1h	4,348.8	−0.057%	$20.8M	$37.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,346.1	−0.119%	$13.3M	$38.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.020%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,349.2	−0.048%	$3.8M	$4.6M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,348.7	−0.059%	$5.7M	$2.0M	20x	as long as short
Kalshi KXGOLDPERP	+0.0043%	24h	4,347.4	−0.089%	$4.1M	$37.1M	15x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,382.9	+0.727%	—	$1.1M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,350.8	−0.010%	$20.1M	$39.2M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,342.7	−0.197%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,346.8	−0.103%	$293.9M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,346.4	−0.111%	$15.1M	$56.8M	25x	as long as short
Aster XAUUSD1short	+0.0059%	4h	4,350.5	−0.018%	$71.0M	$333.8M	20x
Variational Omni XAU	+0.0077%	4h	4,347.1	−0.096%	$48.4M	$27.7M	—	as long as short
GRVT XAU_USDT_Perp	+0.0084%	4h	4,348.8	−0.057%	$1.4M	$3.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0087%	8h	4,349.9	−0.032%	$19K	$5K	5x	as long as short
MEXC XAU_USDT	+0.0092%	4h	4,350	−0.029%	$371.4M	$316.8M	1000x	as long as short
Binance XAUUSDT	+0.0093%	4h	4,349.9	−0.031%	$414.5M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,346.5	−0.110%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,345.3	−0.137%	$275K	$203K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,341.5	−0.224%	$30.2M	$58.5M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,348.7	−0.059%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0142%	1h	4,346.7	−0.105%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0144%	1h	4,346.7	−0.105%	$33K	—	25x	as long as short
Polymarket Perps GOLD-USD	+0.0163%	1h	4,349.6	−0.039%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,346.7	−0.106%	$593K	$133K	25x	as long as short
Phemex XAUUSDT	+0.0201%	4h	4,350.2	−0.025%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0210%	1h	4,348.6	−0.062%	$244K	$787K	25x	as long as short
Bullet GOLD-USD	+0.0214%	1h	4,350.2	−0.026%	$60K	$82K	10x	as long as short
Bitget XAUUSDT	+0.0232%	4h	4,349.9	−0.031%	$70.0M	$109.2M	100x	as long as short
Bybit XAUUSDTlong	+0.0234%	4h	4,351.3	long leg	$85.0M	$145.0M	150x
OKX XAU-USDT-SWAP	+0.0280%	8h	4,351.2	−0.002%	$165.6M	$281.7M	100x	as long as short
BloFin XAU-USDT	+0.0334%	4h	4,348.9	−0.055%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0411% / S −0.0227%	1h	4,350	−0.030%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0628%	4h	4,354.5	+0.074%	$2.9M	$4.3M	75x	as long as short
Bluefin GOLD-PERP	+0.1095%	1h	4,342.3	−0.205%	$25K	$14K	20x	as long as short