XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0153%/8h= −16.8% APRnext payment −$0.19 per $10,000 · paid last 24h −0.058%

Price spread now: StandX against Deribit+0.053%47s7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.246% of the position

Long on Deribit Short on StandX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.722%−$72 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.053%, 7d avg +0.120%

Together, before fees−0.652%+ Points / potential airdropStandX: Active · farm board−$65 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and StandX is 0.067% cheaper against Deribit than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.120%). Swap the legs. The two prices were read 47 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	Deribit GOLD_USDC-PERPETUAL	4,314.1	0.0237	pay 0.0030% / 1h	13m 20s	$161K	$877K	25x
Short	StandX XAU-USD	4,316.4	0.0084	get 0.0010% / 1h	13m 20s	$3.8M	$4.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Deribit. 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 DeribitbpFee StandXbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$32.2
Price spread: +0.053% → +0.120%: −$6.72
Slippage, 4 orders: −$9.62
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee StandX: 4 bp × 2 orders: −$8
Net: −$63.54
Costs to cover: 0.246%
Break-even: never at this rate

Slippage from Deribit: live order book, 26 min ago; StandX: live order book, 1 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 Deribit live order book, 26 min ago	0.12 bp	3.6 bp −$4	4.8 bp −$48	doesn't fit	doesn't fit
Sell StandX live order book, 1 min ago	0.12 bp	8.5 bp −$8	9.8 bp −$98	10.5 bp −$1,047	11.6 bp −$5,803

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
Hotstuff GOLD-PERP	−0.0136%	1h	4,310.3	−0.088%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,319.4	+0.123%	$92K	$7.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,314.5	+0.010%	$269K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.842%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,316.2	+0.049%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,349.3	+0.816%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,314.4	+0.007%	$290.9M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,312.6	−0.035%	$15.0M	$55.4M	25x	as long as short
Aster XAUUSD1	+0.0058%	4h	4,319.6	+0.127%	$72.9M	$271.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0063%	8h	4,315	+0.021%	$2K	$14K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin GOLD-PERP	+0.0064%	1h	4,311.1	−0.070%	$25K	$1K	20x	as long as short
Bybit XAUUSDT	+0.0067%	4h	4,319.8	+0.133%	$77.9M	$153.7M	150x	as long as short
Lighter XAU	+0.0072%	1h	4,314.7	+0.013%	$20.3M	$30.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,309.1	−0.116%	$2.0M	$5.0M	25x	as long as short
StandX XAU-USDshort	+0.0084%	1h	4,316.4	+0.053%	$3.8M	$4.5M	40x
Phoenix GOLD	+0.0096%	1h	4,314.7	+0.014%	$42K	$79K	25x	as long as short
Kalshi KXGOLDPERP	+0.0097%	24h	4,316.3	+0.051%	$3.7M	$44.8M	15x	as long as short
Variational Omni XAU	+0.0098%	4h	4,314	−0.003%	$47.1M	$29.0M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,312.5	−0.037%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,311.4	−0.062%	$271K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,317.4	+0.076%	$20.0M	$39.9M	25x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,318.3	+0.097%	$363.3M	$335.5M	1000x	as long as short
Binance XAUUSDT	+0.0111%	4h	4,318.3	+0.097%	$429.7M	$2.14B	100x	as long as short
Gate XAU_USDT	+0.0112%	4h	4,320.1	+0.140%	$287.3M	$426.1M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0112%	4h	4,315.1	+0.022%	$1.4M	$3.0M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,314.6	+0.013%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,309.9	−0.097%	$30.0M	$60.5M	50x	as long as short
Extended XAU-USD	+0.0120%	1h	4,312	−0.049%	$13.2M	$36.7M	25x	as long as short
Bitget XAUUSDT	+0.0192%	4h	4,318.3	+0.098%	$70.5M	$120.1M	100x	as long as short
Bullet GOLD-USD	+0.0204%	1h	4,318.3	+0.097%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0223%	1h	4,318.8	+0.109%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,313	−0.025%	$574K	$138K	25x	as long as short
Deribit GOLD_USDC-PERPETUALlong	+0.0237%	1h	4,314.1	long leg	$161K	$877K	25x
OKX XAU-USDT-SWAP	+0.0268%	8h	4,318.7	+0.107%	$175.2M	$302.4M	100x	as long as short
BloFin XAU-USDT	+0.0349%	4h	4,314.3	+0.005%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0418%	4h	4,319.3	+0.121%	$2.2M	$949K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0311%	1h	4,314.2	+0.001%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0520%	4h	4,321.8	+0.178%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,317	+0.067%	$4.5M	$13.3M	25x	as long as short