XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.008%

Price spread now: Aevo against Coinbase International+0.028%7-day average +0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$430.427% of the position

Long on Coinbase International Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.335%−$34 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.028%, 7d avg +0.085%

Together, before fees−0.272%−$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.056% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.028% now, against its 7-day average of +0.085%). If the spread goes back, that is −$6 on $10k: about 3.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.335%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International GOLD-PERP-INTX	4,339.5	0.0056	pay 0.0007% / 1h	27m 48s	$2.1M	$4.8M	25x
Short	Aevo XAU-PERP	4,340.7	0.0112	get 0.0014% / 1h	27m 48s	$161K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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 Coinbase InternationalbpFee AevobpOrdersPrice spread, now +0.028%Rate

Funding earned: $11.76
Price spread: +0.028% → +0.085%: −$5.63
Slippage, 4 orders: −$16.74
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$36.61
Costs to cover: 0.427%
Break-even: 28.8 days

Slippage from Coinbase International: live order book, 1 min ago; Aevo: live order book, 26 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 Coinbase International live order book, 1 min ago	0.81 bp	5.9 bp −$6	7.3 bp −$73	45.5 bp −$4,549	doesn't fit
Sell Aevo live order book, 26 min ago	5.96 bp	15.8 bp −$16	28.5 bp −$285	doesn't fit	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
SunX XAU-USDT	0.0000%	4h	4,345.6	+0.140%	$92K	$8.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,337.3	−0.051%	$271K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,340.6	+0.025%	$3.5M	$12.0M	25x	as long as short
Bybit XAUUSDT	+0.0016%	4h	4,342.4	+0.067%	$80.0M	$152.3M	150x	as long as short
Extended XAU-USD	+0.0032%	1h	4,337.4	−0.048%	$13.3M	$37.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.252%	$619	$54	52x	as long as short
Bluefin GOLD-PERP	+0.0033%	1h	4,335.6	−0.091%	$25K	$14K	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,342.5	+0.069%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,340.3	+0.018%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,373.8	+0.790%	—	$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	4,340.5	+0.023%	$20.7M	$34.6M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,338.2	−0.030%	$293.5M	$49.3M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,338.6	−0.021%	$15.1M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,338.6	−0.021%	$4.2M	$37.4M	15x	as long as short
Lighter RH XAU	+0.0056%	1h	4,343	+0.081%	$20.2M	$39.9M	25x	as long as short
Coinbase International GOLD-PERP-INTXlong	+0.0056%	1h	4,339.5	long leg	$2.1M	$4.8M	25x
Paradex XAU-USD-PERP	+0.0061%	8h	4,340.8	+0.030%	$19K	$5K	5x	as long as short
Gate XAU_USDT	+0.0076%	4h	4,343.3	+0.088%	$268.8M	$416.4M	100x	as long as short
Aster XAUUSD1	+0.0090%	4h	4,343.5	+0.092%	$71.5M	$332.2M	20x	as long as short
Variational Omni XAU	+0.0100%	4h	4,341.1	+0.038%	$48.3M	$27.6M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,337.7	−0.041%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,337.5	−0.045%	$274K	$203K	50x	as long as short
Hotstuff GOLD-PERP	+0.0104%	1h	4,338.1	−0.032%	$33K	—	25x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,338	−0.034%	$30.2M	$58.5M	50x	as long as short
Aevo XAU-PERPshort	+0.0112%	1h	4,340.7	+0.028%	$161K	$87	10x
MEXC XAU_USDT	+0.0114%	4h	4,341.8	+0.054%	$371.0M	$320.0M	1000x	as long as short
Binance XAUUSDT	+0.0115%	4h	4,341.7	+0.050%	$417.6M	$2.09B	100x	as long as short
Phoenix GOLD	+0.0136%	1h	4,338.4	−0.025%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0198%	4h	4,341.4	+0.043%	$1.4M	$2.9M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0211%	1h	4,339.7	+0.005%	$204K	$828K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,341.3	+0.041%	$4.3M	$1.9M	20x	as long as short
Bullet GOLD-USD	+0.0216%	1h	4,341.4	+0.044%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,338.3	−0.027%	$592K	$132K	25x	as long as short
Bitget XAUUSDT	+0.0260%	4h	4,342.3	+0.065%	$71.0M	$109.2M	100x	as long as short
Phemex XAUUSDT	+0.0272%	4h	4,344.4	+0.112%	$2.2M	$967K	100x	as long as short
OKX XAU-USDT-SWAP	+0.0324%	8h	4,342.8	+0.076%	$167.0M	$281.7M	100x	as long as short
BloFin XAU-USDT	+0.0362%	4h	4,341.7	+0.051%	$15.7M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,341.5	+0.046%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0597%	4h	4,345.8	+0.144%	$2.8M	$4.6M	75x	as long as short