XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%

Price spread now: tradeXYZ against Extended+0.021%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$250.250% of the position

Long on Extended Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.073%+$7 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.021%, 7d avg +0.003%

Together, before fees+0.054%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAU-USD	4,354.8	0.0072	pay 0.0009% / 1h	21m 50s	$13.5M	$43.7M	25x
Short	tradeXYZ xyz:GOLD	4,355.7	0.0050	get 0.0006% / 1h	21m 50s	$293.7M	$51.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$4.62
Price spread: +0.021% → +0.003%: $1.81
Slippage, 4 orders: −$2.04
Fee Extended: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$27.85
Costs to cover: 0.250%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; tradeXYZ: live order book, 8 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, 2 min ago	0.12 bp	2.6 bp −$3	3.1 bp −$31	9.1 bp −$910	28.6 bp −$14.3K
Sell tradeXYZ live order book, 8 min ago	0.12 bp	9.1 bp −$9	9.8 bp −$98	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
Aster XAUUSD1	0.0000%	4h	4,359.2	+0.101%	$71.0M	$200.6M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,360.2	+0.123%	$266.2M	$417.1M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,356.2	+0.032%	$4.0M	$36.7M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,364.2	+0.215%	$93K	$10.2M	20x	as long as short
Variational Omni XAU	0.0000%	4h	4,360.4	+0.130%	$47.8M	$28.1M	—	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,355.1	+0.008%	$267K	—	250x	as long as short
edgeX XAUUSDC	+0.0022%	4h	4,355.1	+0.008%	$30.3M	$60.4M	50x	as long as short
MEXC XAU_USDT	+0.0022%	4h	4,359	+0.096%	$372.8M	$328.2M	1000x	as long as short
Binance XAUUSDT	+0.0024%	4h	4,358.8	+0.093%	$411.6M	$2.15B	100x	as long as short
Hotstuff GOLD-PERP	+0.0032%	1h	4,356.9	+0.049%	$33K	—	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.100%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,360.6	+0.134%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,359.3	+0.104%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,393.6	+0.891%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,359.9	+0.118%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLDshort	+0.0050%	1h	4,355.7	+0.021%	$293.7M	$51.5M	25x
Ondo Perps XAU-USD.P	+0.0050%	1h	4,355.2	+0.008%	$14.7M	$57.3M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,358.5	+0.085%	$48K	$64K	25x	as long as short
Bitget XAUUSDT	+0.0060%	4h	4,359.2	+0.101%	$69.1M	$113.9M	100x	as long as short
Lighter XAU	+0.0072%	1h	4,357.9	+0.072%	$20.6M	$44.1M	25x	as long as short
Extended XAU-USDlong	+0.0072%	1h	4,354.8	long leg	$13.5M	$43.7M	25x
Paradex XAU-USD-PERP	+0.0080%	8h	4,360.4	+0.128%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,358.2	+0.079%	$161K	$87	10x	as long as short
BloFin XAU-USDT	+0.0091%	4h	4,361.9	+0.163%	$15.5M	$4.5M	100x	as long as short
Lighter RH XAU	+0.0096%	1h	4,360.1	+0.122%	$20.2M	$41.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,354.3	−0.011%	$2.0M	$5.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,356.8	+0.045%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.8	+0.069%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,352.6	−0.051%	$26K	$22K	20x	as long as short
Bybit XAUUSDT	+0.0110%	4h	4,359.8	+0.114%	$83.5M	$144.4M	150x	as long as short
Polymarket Perps GOLD-USD	+0.0120%	1h	4,358.1	+0.076%	$4.3M	$1.8M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0152%	4h	4,361.1	+0.145%	$1.4M	$3.1M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0163%	1h	4,356.9	+0.049%	$235K	$656K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0199%	8h	4,359.9	+0.117%	$163.8M	$289.3M	100x	as long as short
Bullet GOLD-USD	+0.0211%	1h	4,359.5	+0.108%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,356.2	+0.033%	$594K	$151K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,359	+0.097%	$252K	—	111x	as long as short
Phemex XAUUSDT	+0.0457%	4h	4,361.7	+0.159%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0568%	4h	4,364	+0.212%	$2.9M	$3.9M	75x	as long as short