XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.062%

Price spread now: Kraken Futures against Extended+0.029%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.272%+$27 on $10k

Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.029%, 7d avg −0.006%

Together, before fees+0.258%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.035% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAU-USD	4,319.2	0.0064	pay 0.0008% / 1h	28m 09s	$12.9M	$36.9M	25x
Short	Kraken Futures PF_XAUUSD	4,320.4	0.0153	get 0.0019% / 1h	28m 09s	$585K	$135K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.029%Rate

Funding earned: $18.79
Price spread: +0.029% → −0.006%: $3.54
Slippage, 4 orders: −$10.3
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$2.96
Costs to cover: 0.253%
Break-even: 8.1 days

Slippage from Extended: live order book, 6 min ago; Kraken Futures: live order book, 15 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, 6 min ago	0.12 bp	3.5 bp −$3	5.2 bp −$52	7.6 bp −$755	doesn't fit
Sell Kraken Futures live order book, 15 min ago	3.15 bp	11.0 bp −$11	20.3 bp −$203	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
Bluefin GOLD-PERP	−0.0095%	1h	4,316.9	−0.051%	$25K	$10K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,327.2	+0.185%	$92K	$7.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319.1	−0.001%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0009%	4h	4,323.8	+0.107%	$77.4M	$155.1M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.724%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.2	+0.094%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,322	+0.066%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,355.5	+0.841%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,319.8	+0.015%	$291.5M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,319.2	+0.001%	$15.0M	$55.5M	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	+0.0064%	1h	4,322.1	+0.068%	$20.3M	$30.5M	25x	as long as short
Extended XAU-USDlong	+0.0064%	1h	4,319.2	long leg	$12.9M	$36.9M	25x
Aster XAUUSD1	+0.0067%	4h	4,324.2	+0.117%	$72.5M	$277.6M	20x	as long as short
Hotstuff GOLD-PERP	+0.0072%	1h	4,320.2	+0.024%	$32K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,320.9	+0.040%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0074%	8h	4,323.1	+0.092%	$2K	$13K	5x	as long as short
Kalshi KXGOLDPERP	+0.0076%	24h	4,324.3	+0.119%	$3.8M	$43.7M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0080%	4h	4,323	+0.090%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0090%	4h	4,322.5	+0.078%	$47.4M	$28.8M	—	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,322.9	+0.088%	$362.2M	$330.7M	1000x	as long as short
Binance XAUUSDT	+0.0097%	4h	4,322.9	+0.087%	$416.4M	$2.13B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.8	+0.015%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320.3	+0.027%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.9	+0.016%	$272K	$208K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,319.5	+0.007%	$30.0M	$61.3M	50x	as long as short
Gate XAU_USDT	+0.0102%	4h	4,325.5	+0.147%	$280.7M	$417.3M	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,322.4	+0.074%	$160K	$87	10x	as long as short
Lighter RH XAU	+0.0112%	1h	4,324.8	+0.129%	$19.8M	$38.8M	25x	as long as short
Kraken Futures PF_XAUUSDshort	+0.0153%	1h	4,320.4	+0.029%	$585K	$135K	25x
Bullet GOLD-USD	+0.0177%	1h	4,323.2	+0.094%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,326	+0.157%	$4.2M	$12.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0209%	1h	4,323.3	+0.096%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0224%	4h	4,322.9	+0.086%	$67.8M	$118.2M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0236%	1h	4,321.5	+0.054%	$192K	$835K	25x	as long as short
HTX XAU-USDT	+0.0243%	4h	4,328.2	+0.208%	$2.8M	$4.9M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0305%	8h	4,323.5	+0.101%	$171.7M	$298.2M	100x	as long as short
Phemex XAUUSDT	+0.0326%	4h	4,324.6	+0.126%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0336%	4h	4,322.5	+0.076%	$16.1M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,323	+0.090%	$252K	—	111x	as long as short