XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.007%

Price spread now: Bybit against edgeX+0.065%7-day average +0.126% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$210.213% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days−0.023%−$2 · spread now +0.065%, 7d avg +0.126%

Together, before fees−0.062%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.061% cheaper against edgeX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.126%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XAUUSDC	4,331.6	0.0127	pay 0.0063% / 4h	3h 01m	$30.3M	$64.7M	50x
Short	Bybit XAUUSDT	4,334.4	0.0122	get 0.0061% / 4h	3h 01m	$81.3M	$167.9M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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 edgeXbpFee BybitbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$1.05
Price spread: +0.065% → +0.126%: −$6.09
Slippage, 4 orders: −$1.32
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$28.46
Costs to cover: 0.213%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; Bybit: live order book, 3 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 edgeX live order book, 3 min ago	0.35 bp	4.8 bp −$5	4.9 bp −$49	7.8 bp −$782	34.8 bp −$17.4K
Sell Bybit live order book, 3 min ago	0.01 bp	5.5 bp −$6	6.2 bp −$62	10.5 bp −$1,054	47.0 bp −$23.5K

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	4,340.5	+0.207%	$92K	$6.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,333.5	+0.045%	$275K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.435%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,337.7	+0.142%	$3.8M	$4.5M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,367.6	+0.832%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,333.9	+0.054%	$6.6M	$3.1M	20x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,330.2	−0.032%	$292.3M	$55.3M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,333.1	+0.035%	$4.3M	$1.7M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,330.2	−0.032%	$15.1M	$57.3M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,334	+0.056%	$2.0M	$5.2M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XAU-USD-PERP	+0.0058%	8h	4,335.6	+0.094%	$2K	$13K	5x	as long as short
Aster XAUUSD1	+0.0061%	4h	4,335	+0.079%	$74.4M	$272.9M	20x	as long as short
Lighter XAU	+0.0080%	1h	4,335.7	+0.096%	$20.2M	$30.7M	25x	as long as short
Phoenix GOLD	+0.0095%	1h	4,333.5	+0.045%	$43K	$86K	25x	as long as short
Lighter RH XAU	+0.0096%	1h	4,337.9	+0.147%	$19.9M	$41.4M	25x	as long as short
Extended XAU-USD	+0.0096%	1h	4,332.1	+0.011%	$12.7M	$36.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0096%	1h	4,335.4	+0.088%	$33K	—	25x	as long as short
Gate XAU_USDT	+0.0098%	4h	4,336.2	+0.106%	$299.2M	$447.1M	100x	as long as short
Variational Omni XAU	+0.0099%	4h	4,336.1	+0.105%	$47.2M	$30.1M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,332.6	+0.025%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,334.7	+0.072%	$285K	$232K	50x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,336.4	+0.112%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0118%	4h	4,333.6	+0.047%	$437.9M	$2.34B	100x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,334.7	+0.073%	$351.8M	$359.2M	1000x	as long as short
Kalshi KXGOLDPERP	+0.0119%	24h	4,339.2	+0.176%	$3.5M	$48.4M	15x	as long as short
Bybit XAUUSDTshort	+0.0122%	4h	4,334.4	+0.065%	$81.3M	$167.9M	150x
RISEx XAU/USDC	+0.0126%	1h	4,336.2	+0.106%	$4.6M	$13.6M	25x	as long as short
edgeX XAUUSDClong	+0.0127%	4h	4,331.6	long leg	$30.3M	$64.7M	50x
Deribit GOLD_USDC-PERPETUAL	+0.0142%	1h	4,335.7	+0.095%	$134K	$779K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0154%	4h	4,335.1	+0.082%	$1.4M	$3.0M	25x	as long as short
Bullet GOLD-USD	+0.0179%	1h	4,333.6	+0.048%	$59K	$77K	10x	as long as short
Phemex XAUUSDT	+0.0182%	4h	4,337.7	+0.142%	$2.2M	$961K	100x	as long as short
Bitget XAUUSDT	+0.0198%	4h	4,333.6	+0.046%	$72.4M	$132.5M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0245%	8h	4,334.4	+0.065%	$171.0M	$354.0M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0326%	1h	4,334.8	+0.076%	$583K	$150K	25x	as long as short
BloFin XAU-USDT	+0.0360%	4h	4,337	+0.126%	$16.2M	$5.3M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0466% / S −0.0313%	1h	4,337	+0.125%	$256K	—	111x	as long as short
HTX XAU-USDT	+0.1103%	4h	4,344.8	+0.306%	$3.2M	$6.9M	75x	as long as short
Bluefin GOLD-PERP	+0.1395%	1h	4,331.4	−0.003%	$25K	$1K	20x	as long as short