XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.56 per $10,000 · paid last 24h −0.038%

Price spread now: SunX against edgeX+0.288%7-day average +0.255% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$670.666% of the position

Long on edgeX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.203%−$20 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.288%, 7d avg +0.255%

Together, before fees−0.155%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.032% dearer against edgeX than usual: you sell high and buy low (spread +0.288% now, against its 7-day average of +0.255%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XAUUSDC	4,309.9	0.0112	pay 0.0056% / 4h	13m 14s	$30.0M	$60.5M	50x
Short	SunX XAU-USDT	4,322.3	0	get 0.0000% / 4h	13m 14s	$92K	$7.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.288%Rate

Funding earned: −$23.56
Price spread: +0.288% → +0.255%: $3.25
Slippage, 4 orders: −$49.62
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$86.93
Costs to cover: 0.666%
Break-even: never at this rate

Slippage from edgeX: live order book, 1 min ago; SunX: 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 edgeX live order book, 1 min ago	0.35 bp	4.8 bp −$5	4.9 bp −$49	8.2 bp −$816	36.8 bp −$18.4K
Sell SunX live order book, 6 min ago	23.48 bp	29.4 bp −$29	47.0 bp −$470	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
Hotstuff GOLD-PERP	−0.0136%	1h	4,310.3	+0.009%	$32K	—	25x	as long as short
SunX XAU-USDTshort	0.0000%	4h	4,322.3	+0.288%	$92K	$7.1M	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,314.5	+0.106%	$269K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.939%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,316.2	+0.145%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,349.3	+0.913%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,314.4	+0.104%	$290.9M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,312.6	+0.062%	$15.0M	$55.4M	25x	as long as short
Aster XAUUSD1	+0.0058%	4h	4,320.5	+0.244%	$72.9M	$271.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0063%	8h	4,315	+0.117%	$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	+0.027%	$25K	$1K	20x	as long as short
Bybit XAUUSDT	+0.0067%	4h	4,320	+0.232%	$77.9M	$153.6M	150x	as long as short
Lighter XAU	+0.0072%	1h	4,317.6	+0.177%	$20.3M	$30.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,313.9	+0.092%	$2.0M	$5.0M	25x	as long as short
StandX XAU-USD	+0.0084%	1h	4,316.4	+0.150%	$3.8M	$4.5M	40x	as long as short
Phoenix GOLD	+0.0096%	1h	4,314.7	+0.111%	$42K	$79K	25x	as long as short
Kalshi KXGOLDPERP	+0.0098%	24h	4,318.9	+0.208%	$3.6M	$44.9M	15x	as long as short
Variational Omni XAU	+0.0098%	4h	4,314	+0.094%	$47.1M	$29.0M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,312.5	+0.060%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,311.4	+0.034%	$271K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,320.5	+0.244%	$20.0M	$40.0M	25x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,319.2	+0.214%	$363.4M	$335.5M	1000x	as long as short
Binance XAUUSDT	+0.0111%	4h	4,319	+0.211%	$429.8M	$2.15B	100x	as long as short
Gate XAU_USDT	+0.0112%	4h	4,320.1	+0.237%	$287.3M	$426.1M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0112%	4h	4,315.1	+0.119%	$1.4M	$3.0M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,317.2	+0.169%	$160K	$87	10x	as long as short
edgeX XAUUSDClong	+0.0112%	4h	4,309.9	long leg	$30.0M	$60.5M	50x
Extended XAU-USD	+0.0120%	1h	4,314.5	+0.107%	$13.2M	$36.7M	25x	as long as short
Bitget XAUUSDT	+0.0192%	4h	4,318.7	+0.203%	$70.5M	$120.1M	100x	as long as short
Bullet GOLD-USD	+0.0204%	1h	4,318.3	+0.194%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0223%	1h	4,318.8	+0.206%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,315.8	+0.136%	$574K	$138K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0260%	1h	4,318	+0.187%	$161K	$878K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0268%	8h	4,319.1	+0.213%	$175.3M	$302.4M	100x	as long as short
BloFin XAU-USDT	+0.0351%	4h	4,319.1	+0.213%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0415%	4h	4,320.3	+0.240%	$2.2M	$949K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0311%	1h	4,314.2	+0.098%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0523%	4h	4,324	+0.327%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,317	+0.164%	$4.5M	$13.3M	25x	as long as short