XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h −0.018%

Price spread now: gTrade (Gains Network) against Extended+0.041%7-day average 0.000% · 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−$269as in the Price arb table

costs, in and out, $10k−$2732.730% of the position

Long on Extended Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.045%−$5 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.041%, 7d avg 0.000%

Together, before fees−0.013%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.041% dearer against Extended than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of 0.000%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAU-USD	4,350.1	0.0032	pay 0.0004% / 1h	29m 33s	$13.6M	$39.3M	25x
Short	gTrade (Gains Network) XAU/USD	4,351.9	L +0.0002% / S −0.0003%	get 0.0000% / 1h	29m 33s	$267K	—	250x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Extended. 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 ExtendedbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.041%Rate

Funding earned: −$6.06
Price spread: +0.041% → 0.000%: $4.08
Slippage, 4 orders: −$261.04
Fee Extended: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Net: −$275.02
Costs to cover: 2.730%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 65 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 Extended live order book, 5 min ago	0.12 bp	3.4 bp −$3	5.4 bp −$54	8.4 bp −$843	26.5 bp −$13.2K
Sell gTrade (Gains Network) virtual book (oracle venue), 65 min ago	130.01 bp	133.5 bp −$134	243.0 bp −$2,430	1975.4 bp −$197.5K	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	4,359.8	+0.222%	$93K	$9.3M	20x	as long as short
gTrade (Gains Network) XAU/USDshort	L +0.0002% / S −0.0003%	1h	4,351.9	+0.041%	$267K	—	250x
Gate XAU_USDT	+0.0006%	4h	4,354.3	+0.095%	$265.1M	$411.3M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,353.2	+0.070%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USDlong	+0.0032%	1h	4,350.1	long leg	$13.6M	$39.3M	25x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.007%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0038%	24h	4,353.2	+0.071%	$4.1M	$36.9M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,354.5	+0.101%	$3.8M	$4.6M	40x	as long as short
Aster XAUUSD1	+0.0043%	4h	4,354.7	+0.105%	$70.5M	$333.6M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,388.5	+0.882%	—	$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
QFEX GOLD-USD	+0.0046%	1h	4,351.6	+0.034%	$5.6M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,350.6	+0.011%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,351.9	+0.041%	$294.0M	$48.7M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0050%	4h	4,354.7	+0.106%	$1.4M	$3.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,349.6	−0.013%	$15.1M	$57.4M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,353.4	+0.075%	$20.6M	$42.2M	25x	as long as short
Variational Omni XAU	+0.0057%	4h	4,353	+0.065%	$48.3M	$27.8M	—	as long as short
Lighter RH XAU	+0.0072%	1h	4,355.3	+0.119%	$20.1M	$39.7M	25x	as long as short
MEXC XAU_USDT	+0.0074%	4h	4,354.2	+0.093%	$372.7M	$318.3M	1000x	as long as short
Binance XAUUSDT	+0.0074%	4h	4,353.9	+0.086%	$412.8M	$2.09B	100x	as long as short
Paradex XAU-USD-PERP	+0.0082%	8h	4,353.7	+0.082%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0092%	4h	4,347.3	−0.065%	$30.3M	$58.9M	50x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,354.4	+0.099%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,351.4	+0.029%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,351	+0.020%	$275K	$202K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,348	−0.049%	$25K	$14K	20x	as long as short
Polymarket Perps GOLD-USD	+0.0130%	1h	4,355.2	+0.117%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,350.1	0.000%	$47K	$77K	25x	as long as short
Phemex XAUUSDT	+0.0140%	4h	4,356	+0.134%	$2.2M	$1.1M	100x	as long as short
Hotstuff GOLD-PERP	+0.0176%	1h	4,350.9	+0.018%	$33K	—	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0187%	1h	4,354.2	+0.094%	$258K	$706K	25x	as long as short
Bybit XAUUSDT	+0.0196%	4h	4,355.2	+0.116%	$84.5M	$145.4M	150x	as long as short
Bitget XAUUSDT	+0.0212%	4h	4,353.6	+0.081%	$70.2M	$109.5M	100x	as long as short
Bullet GOLD-USD	+0.0215%	1h	4,355.8	+0.131%	$59K	$83K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0253%	8h	4,355.2	+0.117%	$164.9M	$281.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,352.7	+0.059%	$594K	$133K	25x	as long as short
BloFin XAU-USDT	+0.0295%	4h	4,354.1	+0.091%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0404% / S −0.0215%	1h	4,355.8	+0.131%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0564%	4h	4,360.3	+0.235%	$2.9M	$4.2M	75x	as long as short