XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.008%

Price spread now: QFEX against Extended−0.090%7-day average +0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on Extended Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 7 days+0.112%+$11 · spread now −0.090%, 7d avg +0.048%

Together, before fees+0.085%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. QFEX is 0.138% cheaper against Extended than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of +0.048%). If the spread goes back, that is −$14 on $10k: about 23 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAU-USD	4,347.9	0.0032	pay 0.0004% / 1h	59m 01s	$13.1M	$50.6M	25x
Short	QFEX GOLD-USD	4,344	0.0052	get 0.0006% / 1h	59m 01s	$5.5M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.090%Rate

Funding earned: $4.17
Price spread: −0.090% → +0.048%: −$13.79
Slippage, 4 orders: −$5.3
Fee Extended: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$29.93
Costs to cover: 0.203%
Break-even: 57.3 days

Slippage from Extended: live order book, 5 min ago; QFEX: 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	2.6 bp −$3	3.3 bp −$33	7.0 bp −$695	25.7 bp −$12.9K
Sell QFEX live order book, 5 min ago	2.53 bp	7.5 bp −$8	7.5 bp −$75	8.8 bp −$877	13.8 bp −$6,911

XAU on 38 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	−0.0417%	1h	4,343.4	−0.103%	$26K	$21K	20x	as long as short
Kraken Futures PF_XAUUSD	−0.0175%	1h	4,344.9	−0.070%	$599K	$160K	25x	as long as short
tradeXYZ xyz:GOLD	−0.0086%	1h	4,345.9	−0.046%	$292.5M	$53.8M	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,350.5	+0.059%	$71.2M	$240.4M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,350.4	+0.058%	$412.1M	$2.11B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,351.1	+0.073%	$82.6M	$144.5M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,347.9	0.000%	$3.4M	$12.6M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,351.4	+0.079%	$270.0M	$404.8M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,348.8	+0.022%	$372.2M	$346.4M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,350.6	+0.062%	$67.3M	$112.2M	100x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XAU	0.0000%	4h	4,344.2	−0.085%	$47.8M	$33.5M	—	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,343.9	−0.092%	$1.4M	$3.3M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,344.8	−0.071%	$3.9M	$33.9M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,353.8	+0.135%	$93K	$10.9M	20x	as long as short
HTX XAU-USDT	0.0000%	4h	4,353.1	+0.119%	$2.8M	$3.8M	75x	as long as short
edgeX XAUUSDC	+0.0009%	4h	4,339.5	−0.193%	$30.2M	$58.0M	50x	as long as short
Lighter XAU	+0.0032%	1h	4,347.6	−0.007%	$20.7M	$42.9M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,347.6	−0.007%	$20.2M	$40.7M	25x	as long as short
Extended XAU-USDlong	+0.0032%	1h	4,347.9	long leg	$13.1M	$50.6M	25x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.058%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,343.6	−0.099%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,385.1	+0.856%	—	$995K	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,345.8	−0.049%	$14.3M	$55.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0050%	8h	4,347.7	−0.004%	$19K	$6K	5x	as long as short
QFEX GOLD-USDshort	+0.0052%	1h	4,344	−0.090%	$5.5M	$1.9M	20x
Hotstuff GOLD-PERP	+0.0056%	1h	4,340.4	−0.172%	$33K	—	25x	as long as short
Bullet GOLD-USD	+0.0073%	1h	4,349.9	+0.046%	$59K	$84K	10x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,349.2	+0.029%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,343.8	−0.094%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,342.5	−0.124%	$272K	$204K	50x	as long as short
Phoenix GOLD	+0.0109%	1h	4,343.3	−0.106%	$47K	$64K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0111%	1h	4,348.9	+0.023%	$4.3M	$2.3M	20x	as long as short
OKX XAU-USDT-SWAP	+0.0173%	8h	4,350.5	+0.060%	$158.0M	$272.8M	100x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0208%	1h	4,347.9	0.000%	$2.0M	$5.3M	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,349	+0.024%	$14.8M	$4.3M	100x	as long as short
Phemex XAUUSDT	+0.0378%	4h	4,349.7	+0.040%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0450% / S −0.0246%	1h	4,349.6	+0.040%	$251K	—	29x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0717%	1h	4,348.7	+0.018%	$221K	$878K	25x	as long as short