XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Polymarket Perps against Extended+0.100%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

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

costs, in and out, $10k−$150.152% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 7 days−0.128%−$13 · spread now +0.100%, 7d avg +0.016%

Together, before fees−0.072%+ Points / potential airdropExtended: Active · farm board−$7 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 Polymarket Perps is 0.084% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAU-USD	4,313.1	0.0120	pay 0.0015% / 1h	19m 15s	$13.2M	$36.8M	25x
Short	Polymarket Perps GOLD-USD	4,317.4	0.0219	get 0.0027% / 1h	19m 15s	$4.3M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.100%Rate

Funding earned: $20.75
Price spread: +0.100% → +0.016%: $8.35
Slippage, 4 orders: −$2.18
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $13.92
Costs to cover: 0.152%
Break-even: 2.3 days

Slippage from Extended: live order book, 5 min ago; Polymarket Perps: live order book, 5 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	4.2 bp −$4	5.6 bp −$56	9.6 bp −$958	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	0.12 bp	4.3 bp −$4	4.5 bp −$45	5.7 bp −$571	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	4,321.5	+0.195%	$92K	$7.2M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,313.1	0.000%	$269K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.865%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,319.3	+0.144%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,315.5	+0.056%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,349	+0.832%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,314	+0.021%	$32K	—	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,313.4	+0.007%	$290.8M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,313.4	+0.006%	$15.0M	$55.3M	25x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,317.9	+0.111%	$72.9M	$272.1M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0062%	4h	4,318	+0.113%	$77.7M	$154.6M	150x	as long as short
Paradex XAU-USD-PERP	+0.0063%	8h	4,316.4	+0.076%	$2K	$14K	5x	as long as short
Bluefin GOLD-PERP	+0.0066%	1h	4,310.3	−0.065%	$25K	$1K	20x	as long as short
Lighter XAU	+0.0072%	1h	4,316.1	+0.068%	$20.3M	$30.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,313.1	0.000%	$2.0M	$5.0M	25x	as long as short
Variational Omni XAU	+0.0095%	4h	4,317.1	+0.093%	$47.1M	$29.1M	—	as long as short
Kalshi KXGOLDPERP	+0.0096%	24h	4,318.4	+0.123%	$3.6M	$45.0M	15x	as long as short
Phoenix GOLD	+0.0096%	1h	4,315.6	+0.058%	$42K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,313.2	+0.003%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,315.5	+0.056%	$272K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,318	+0.113%	$20.0M	$39.7M	25x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,316.4	+0.076%	$160K	$87	10x	as long as short
MEXC XAU_USDT	+0.0106%	4h	4,317.3	+0.098%	$364.3M	$334.5M	1000x	as long as short
Binance XAUUSDT	+0.0106%	4h	4,317.1	+0.094%	$426.0M	$2.16B	100x	as long as short
GRVT XAU_USDT_Perp	+0.0110%	4h	4,317.2	+0.094%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0110%	4h	4,318.9	+0.134%	$283.4M	$423.4M	100x	as long as short
Extended XAU-USDlong	+0.0120%	1h	4,313.1	long leg	$13.2M	$36.8M	25x
edgeX XAUUSDC	+0.0124%	4h	4,311.9	−0.028%	$30.0M	$60.1M	50x	as long as short
Bitget XAUUSDT	+0.0190%	4h	4,317.1	+0.093%	$70.2M	$120.8M	100x	as long as short
Bullet GOLD-USD	+0.0204%	1h	4,317.4	+0.099%	$59K	$81K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0214%	1h	4,315.5	+0.056%	$162K	$877K	25x	as long as short
Polymarket Perps GOLD-USDshort	+0.0219%	1h	4,317.4	+0.100%	$4.3M	$1.8M	20x
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,314.4	+0.030%	$574K	$138K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0270%	8h	4,317.7	+0.107%	$174.7M	$303.6M	100x	as long as short
BloFin XAU-USDT	+0.0346%	4h	4,317.5	+0.101%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0413%	4h	4,320.3	+0.166%	$2.2M	$977K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0311%	1h	4,316.2	+0.072%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0498%	4h	4,323.7	+0.246%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,317	+0.090%	$4.5M	$13.3M	25x	as long as short