XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.029%

Price spread now: Bitget against Bybit−0.007%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$240.238% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$9 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.007%, 7d avg −0.013%

Together, before fees+0.078%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, 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	Bybit XAUUSDT	4,341.5	0.0168	pay 0.0084% / 4h	3h 53m	$81.2M	$150.0M	150x
Short	Bitget XAUUSDT	4,341.2	0.0240	get 0.0120% / 4h	3h 53m	$71.0M	$109.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.007%Rate

Funding earned: $15.23
Price spread: −0.007% → −0.013%: $0.67
Slippage, 4 orders: −$0.76
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$7.86
Costs to cover: 0.238%
Break-even: 10.6 days

Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago	0.01 bp	5.5 bp −$6	6.9 bp −$69	11.0 bp −$1,100	35.8 bp −$17.9K
Sell Bitget live order book, 5 min ago	0.01 bp	6.7 bp −$7	8.0 bp −$80	12.0 bp −$1,200	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
Gate XAU_USDT	0.0000%	4h	4,342.4	+0.022%	$267.4M	$409.7M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,345.2	+0.086%	$92K	$8.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,336.7	−0.109%	$289K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,340.1	−0.031%	$3.5M	$12.3M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,341.3	−0.005%	$20.1M	$39.1M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,336.4	−0.116%	$13.3M	$38.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.207%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,341.6	+0.003%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,338.9	−0.059%	$5.7M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,373.4	+0.736%	—	$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
tradeXYZ xyz:GOLD	+0.0050%	1h	4,337.5	−0.091%	$293.3M	$48.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0050%	24h	4,338.9	−0.059%	$4.2M	$37.4M	15x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,337.1	−0.100%	$15.1M	$56.7M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,339.4	−0.047%	$20.8M	$34.4M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,338.9	−0.059%	$2.1M	$4.8M	25x	as long as short
Aster XAUUSD1	+0.0072%	4h	4,341.9	+0.009%	$71.3M	$332.5M	20x	as long as short
Paradex XAU-USD-PERP	+0.0081%	8h	4,340.3	−0.026%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0083%	4h	4,341.1	−0.008%	$48.4M	$27.6M	—	as long as short
Hotstuff GOLD-PERP	+0.0096%	1h	4,337.9	−0.082%	$33K	—	25x	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,340.7	−0.017%	$371.4M	$316.9M	1000x	as long as short
Binance XAUUSDT	+0.0097%	4h	4,340.8	−0.015%	$414.0M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,336.8	−0.107%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,339.9	−0.036%	$274K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,334.8	−0.153%	$25K	$14K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,340.4	−0.024%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0106%	4h	4,336.4	−0.115%	$30.2M	$58.1M	50x	as long as short
Phoenix GOLD	+0.0142%	1h	4,342.5	+0.024%	$47K	$77K	25x	as long as short
Bybit XAUUSDTlong	+0.0168%	4h	4,341.5	long leg	$81.2M	$150.0M	150x
GRVT XAU_USDT_Perp	+0.0182%	4h	4,341	−0.010%	$1.4M	$2.9M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0206%	1h	4,341	−0.010%	$4.3M	$2.0M	20x	as long as short
Bullet GOLD-USD	+0.0213%	1h	4,341.1	−0.008%	$59K	$82K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0234%	1h	4,339.4	−0.047%	$205K	$826K	25x	as long as short
Bitget XAUUSDTshort	+0.0240%	4h	4,341.2	−0.007%	$71.0M	$109.5M	100x
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,338.4	−0.070%	$592K	$132K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0311%	8h	4,342	+0.013%	$165.8M	$281.5M	100x	as long as short
BloFin XAU-USDT	+0.0344%	4h	4,341.8	+0.007%	$15.6M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0424% / S −0.0249%	1h	4,341	−0.010%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0539%	4h	4,345.2	+0.086%	$2.8M	$4.6M	75x	as long as short
Phemex XAUUSDT	+0.0558%	4h	4,344.4	+0.067%	$2.2M	$967K	100x	as long as short