XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h +0.035%

Price spread now: Binance against gTrade (Gains Network)+0.081%7-day average +0.097% · 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−$279as in the Price arb table

costs, in and out, $10k−$2772.770% of the position

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.053%+$5 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.081%, 7d avg +0.097%

Together, before fees+0.062%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.097%, 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	4,316.6	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	47m 23s	$270K	—	250x
Short	Binance XAUUSDT	4,320.1	0.0101	get 0.0051% / 4h	1h 47m	$415.0M	$2.14B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.081%Rate

Funding earned: $20.79
Price spread: +0.081% → +0.097%: −$1.58
Slippage, 4 orders: −$260.04
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$257.82
Costs to cover: 2.770%
Break-even: 93.8 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 27 min ago; Binance: live order book, 12 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), 27 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 Binance live order book, 12 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	5.8 bp −$581	11.7 bp −$5,849

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	−0.0091%	1h	4,313.7	−0.069%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,324.4	+0.180%	$92K	$8.0M	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,316.6	long leg	$270K	—	250x
Bybit XAUUSDT	+0.0009%	4h	4,321.2	+0.105%	$77.4M	$156.9M	150x	as long as short
Extended XAU-USD	+0.0032%	1h	4,316	−0.015%	$13.2M	$36.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.783%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,324.4	+0.180%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,319.3	+0.062%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,352.7	+0.836%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,316.9	+0.006%	$291.3M	$51.7M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,315.8	−0.019%	$15.0M	$55.7M	25x	as long as short
Lighter XAU	+0.0064%	1h	4,319.2	+0.060%	$20.3M	$30.3M	25x	as long as short
Kalshi KXGOLDPERP	+0.0070%	24h	4,324.9	+0.192%	$3.9M	$43.2M	15x	as long as short
Hotstuff GOLD-PERP	+0.0072%	1h	4,317.5	+0.020%	$32K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.3	+0.062%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0073%	8h	4,319.9	+0.076%	$19K	$5K	5x	as long as short
Aster XAUUSD1	+0.0080%	4h	4,321.7	+0.117%	$72.4M	$309.0M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0082%	4h	4,321.1	+0.104%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0084%	4h	4,322.5	+0.136%	$281.7M	$410.8M	100x	as long as short
Variational Omni XAU	+0.0093%	4h	4,320.2	+0.084%	$47.3M	$29.3M	—	as long as short
Lighter RH XAU	+0.0096%	1h	4,321.3	+0.107%	$19.8M	$38.4M	25x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.8	+0.074%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,316.2	−0.010%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,320.1	+0.079%	$361.8M	$326.7M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,320.1	+0.081%	$272K	$208K	50x	as long as short
Binance XAUUSDTshort	+0.0101%	4h	4,320.1	+0.081%	$415.0M	$2.14B	100x
Aevo XAU-PERP	+0.0104%	1h	4,319.9	+0.076%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0113%	4h	4,318.4	+0.041%	$30.1M	$61.2M	50x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,317.7	+0.025%	$587K	$131K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,322	+0.126%	$4.2M	$12.8M	25x	as long as short
Bullet GOLD-USD	+0.0195%	1h	4,320.6	+0.092%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0214%	1h	4,320.2	+0.083%	$4.2M	$1.9M	20x	as long as short
HTX XAU-USDT	+0.0217%	4h	4,325.6	+0.208%	$2.8M	$4.9M	75x	as long as short
Bitget XAUUSDT	+0.0236%	4h	4,319.9	+0.077%	$68.0M	$119.3M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0236%	1h	4,319.5	+0.067%	$193K	$831K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0315%	8h	4,321.2	+0.106%	$170.1M	$297.1M	100x	as long as short
BloFin XAU-USDT	+0.0342%	4h	4,322.6	+0.139%	$16.2M	$4.4M	100x	as long as short
Phemex XAUUSDT	+0.0391%	4h	4,323.7	+0.163%	$2.2M	$962K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,320.7	+0.093%	$252K	—	111x	as long as short