XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.076%

Price spread now: Bitget against gTrade (Gains Network)+0.093%7-day average +0.096% · 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−$280as in the Price arb table

costs, in and out, $10k−$2792.794% of the position

Long on gTrade (Gains Network)Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.076%+$8 on $10k

Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.093%, 7d avg +0.096%

Together, before fees+0.010%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAU/USD	4,364.9	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	21m 52s	$268K	—	250x
Short	Bitget XAUUSDT	4,369	0	get 0.0000% / 4h	21m 52s	$69.7M	$113.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$0.48
Price spread: +0.093% → +0.096%: −$0.24
Slippage, 4 orders: −$260.36
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$280.08
Costs to cover: 2.794%
Break-even: never at this rate

Slippage from gTrade (Gains Network): virtual book (oracle venue), 22 min ago; Bitget: live order book, 2 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), 22 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 Bitget live order book, 2 min ago	0.01 bp	6.3 bp −$6	7.7 bp −$77	11.9 bp −$1,187	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
Bluefin GOLD-PERP	−0.0210%	1h	4,360.8	−0.094%	$26K	$22K	20x	as long as short
Hotstuff GOLD-PERP	−0.0016%	1h	4,361	−0.089%	$33K	—	25x	as long as short
Phoenix GOLD	−0.0004%	1h	4,360.3	−0.105%	$48K	$65K	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,369	+0.095%	$71.7M	$225.6M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,369.3	+0.101%	$407.3M	$2.13B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,369.7	+0.110%	$82.6M	$142.2M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,367.3	+0.056%	$3.4M	$12.3M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,369.7	+0.109%	$269.1M	$414.0M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,368.8	+0.090%	$376.8M	$323.0M	1000x	as long as short
Bitget XAUUSDTshort	0.0000%	4h	4,369	+0.093%	$69.7M	$113.3M	100x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XAU	0.0000%	4h	4,362.9	−0.047%	$48.4M	$30.2M	—	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,362.9	−0.046%	$1.4M	$3.1M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,365.8	+0.021%	$4.1M	$36.0M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,373.2	+0.190%	$93K	$10.6M	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,364.9	long leg	$268K	—	250x
edgeX XAUUSDC	+0.0013%	4h	4,358.6	−0.145%	$30.3M	$58.6M	50x	as long as short
QFEX GOLD-USD	+0.0032%	1h	4,366.3	+0.032%	$5.4M	$1.9M	20x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.332%	$619	$54	52x	as long as short
Lighter XAU	+0.0040%	1h	4,367.8	+0.066%	$20.7M	$44.7M	25x	as long as short
Extended XAU-USD	+0.0040%	1h	4,365	+0.002%	$13.1M	$45.5M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,365.5	+0.014%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,400.8	+0.823%	—	$1.0M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,370.1	+0.119%	$20.3M	$42.1M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,363.9	−0.023%	$293.8M	$52.3M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,363.7	−0.027%	$14.5M	$56.7M	25x	as long as short
Paradex XAU-USD-PERP	+0.0053%	8h	4,367.1	+0.050%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,367.7	+0.064%	$162K	$87	10x	as long as short
Polymarket Perps GOLD-USD	+0.0096%	1h	4,367.4	+0.058%	$4.3M	$1.8M	20x	as long as short
Bullet GOLD-USD	+0.0099%	1h	4,368.2	+0.077%	$59K	$81K	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,364	−0.020%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,360.7	−0.097%	$277K	$204K	50x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0152%	1h	4,361.7	−0.073%	$2.0M	$5.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0159%	8h	4,369.8	+0.112%	$159.0M	$273.8M	100x	as long as short
HTX XAU-USDT	+0.0167%	4h	4,371.5	+0.152%	$2.8M	$3.7M	75x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0185%	1h	4,367.2	+0.053%	$235K	$736K	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0220%	1h	4,365.5	+0.014%	$602K	$136K	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,364.7	−0.003%	$14.8M	$4.5M	100x	as long as short
Phemex XAUUSDT	+0.0330%	4h	4,368.7	+0.088%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,368.9	+0.091%	$252K	—	111x	as long as short