XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.035%

Price spread now: Aevo against gTrade (Gains Network)+0.075%7-day average +0.081% · 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−$299as in the Price arb table

costs, in and out, $10k−$2992.985% of the position

Long on gTrade (Gains Network)Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.075%, 7d avg +0.081%

Together, before fees+0.156%+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAU/USD	4,349.7	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	30m 26s	$267K	—	250x
Short	Aevo XAU-PERP	4,353	0.0096	get 0.0012% / 1h	30m 26s	$161K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AevobpOrdersPrice spread, now +0.075%Rate

Funding earned: $19.68
Price spread: +0.075% → +0.081%: −$0.57
Slippage, 4 orders: −$275.51
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$279.41
Costs to cover: 2.985%
Break-even: 106.4 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 64 min ago; Aevo: live order book, 33 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 gTrade (Gains Network) virtual book (oracle venue), 64 min ago	130.01 bp	133.5 bp −$134	196.7 bp −$1,967	1352.9 bp −$135.3K	5907.8 bp −$2.95M
Sell Aevo live order book, 33 min ago	5.99 bp	15.6 bp −$16	26.1 bp −$261	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
SunX XAU-USDT	0.0000%	4h	4,358.3	+0.197%	$93K	$9.3M	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,349.7	long leg	$267K	—	250x
Gate XAU_USDT	+0.0006%	4h	4,356.6	+0.159%	$265.7M	$411.1M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,354.8	+0.116%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,351.5	+0.041%	$13.6M	$39.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.016%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0038%	24h	4,351.6	+0.043%	$4.1M	$36.9M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,354.5	+0.110%	$3.8M	$4.6M	40x	as long as short
Aster XAUUSD1	+0.0042%	4h	4,356	+0.144%	$70.5M	$333.5M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,388.5	+0.892%	—	$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	4,353	+0.076%	$5.6M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,350.6	+0.020%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,352.3	+0.060%	$294.0M	$48.7M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0050%	4h	4,352.3	+0.059%	$1.4M	$3.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,351.6	+0.043%	$15.1M	$57.5M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,354.4	+0.107%	$20.6M	$42.2M	25x	as long as short
Variational Omni XAU	+0.0057%	4h	4,353	+0.075%	$48.3M	$27.8M	—	as long as short
Lighter RH XAU	+0.0072%	1h	4,356.4	+0.155%	$20.1M	$39.7M	25x	as long as short
MEXC XAU_USDT	+0.0072%	4h	4,355.7	+0.138%	$372.7M	$318.2M	1000x	as long as short
Binance XAUUSDT	+0.0074%	4h	4,355.6	+0.136%	$413.0M	$2.09B	100x	as long as short
Paradex XAU-USD-PERP	+0.0082%	8h	4,355.3	+0.129%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0092%	4h	4,347.3	−0.055%	$30.3M	$58.9M	50x	as long as short
Aevo XAU-PERPshort	+0.0096%	1h	4,353	+0.075%	$161K	$87	10x
Pacifica XAU	+0.0100%	1h	4,351.8	+0.048%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,348.5	−0.028%	$275K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,346.2	−0.080%	$25K	$14K	20x	as long as short
Polymarket Perps GOLD-USD	+0.0130%	1h	4,355.2	+0.126%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,350.1	+0.009%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0144%	1h	4,350.2	+0.011%	$33K	—	25x	as long as short
Phemex XAUUSDT	+0.0147%	4h	4,354.3	+0.105%	$2.2M	$1.1M	100x	as long as short
Bybit XAUUSDT	+0.0196%	4h	4,356.8	+0.163%	$84.5M	$145.1M	150x	as long as short
Bitget XAUUSDT	+0.0212%	4h	4,355.9	+0.142%	$70.2M	$109.5M	100x	as long as short
Bullet GOLD-USD	+0.0215%	1h	4,355.8	+0.141%	$59K	$83K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,352.9	+0.073%	$258K	$706K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0253%	8h	4,356.7	+0.161%	$165.0M	$281.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,351.3	+0.036%	$594K	$133K	25x	as long as short
BloFin XAU-USDT	+0.0295%	4h	4,354.1	+0.100%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0403% / S −0.0214%	1h	4,353.8	+0.095%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0562%	4h	4,359.2	+0.219%	$2.9M	$4.2M	75x	as long as short