XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.258%

Price spread now: Bluefin against gTrade (Gains Network)−0.081%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bluefin is 0.081% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAU/USD	4,324.5	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	24m 08s	$271K	—	250x
Short	Bluefin GOLD-PERP	4,321	−0.0016	pay 0.0002% / 1h	24m 08s	$25K	$14K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin 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 BluefinbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$3.81
Price spread: −0.081% → 0.000%: −$8.09
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$25.9
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 55 min ago; Bluefin: no order-book sample. Net counts fees only.

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), 55 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 Bluefin no order-book sample	—	—	—	—	—

Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-PERPshort	−0.0016%	1h	4,321	−0.081%	$25K	$14K	20x
SunX XAU-USDT	0.0000%	4h	4,331.5	+0.160%	$92K	$8.3M	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,324.5	long leg	$271K	—	250x
Extended XAU-USD	+0.0032%	1h	4,324.1	−0.009%	$13.2M	$37.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.598%	$619	$54	52x	as long as short
Bybit XAUUSDT	+0.0038%	4h	4,325.5	+0.022%	$78.7M	$155.5M	150x	as long as short
Lighter XAU	+0.0040%	1h	4,325	+0.011%	$20.7M	$31.1M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,335	+0.242%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,328.9	+0.101%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,362.4	+0.875%	—	$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
tradeXYZ xyz:GOLD	+0.0050%	1h	4,321.3	−0.075%	$291.3M	$51.2M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,325.2	+0.014%	$15.0M	$56.6M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,329.9	+0.123%	$4.0M	$12.5M	25x	as long as short
Kalshi KXGOLDPERP	+0.0059%	24h	4,329.1	+0.105%	$4.0M	$41.0M	15x	as long as short
Gate XAU_USDT	+0.0064%	4h	4,326.2	+0.037%	$269.2M	$408.2M	100x	as long as short
Paradex XAU-USD-PERP	+0.0071%	8h	4,329.4	+0.113%	$19K	$5K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,325	+0.011%	$2.1M	$4.7M	25x	as long as short
Lighter RH XAU	+0.0088%	1h	4,327.7	+0.073%	$19.9M	$38.7M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,327.9	+0.078%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,329.7	+0.119%	$276K	$204K	50x	as long as short
Aster XAUUSD1	+0.0107%	4h	4,327.1	+0.059%	$71.5M	$332.3M	20x	as long as short
Variational Omni XAU	+0.0111%	4h	4,332	+0.172%	$48.3M	$27.4M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,327.1	+0.060%	$160K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,324.7	+0.004%	$361.8M	$325.3M	1000x	as long as short
Binance XAUUSDT	+0.0119%	4h	4,325.1	+0.012%	$413.4M	$2.15B	100x	as long as short
edgeX XAUUSDC	+0.0120%	4h	4,324.5	−0.001%	$30.1M	$59.3M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0122%	4h	4,329.6	+0.116%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0127%	1h	4,331.3	+0.156%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0152%	1h	4,326.4	+0.043%	$32K	—	25x	as long as short
Bullet GOLD-USD	+0.0158%	1h	4,328.4	+0.089%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0170%	1h	4,328.3	+0.087%	$4.2M	$2.0M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0248%	1h	4,324.3	−0.006%	$589K	$130K	25x	as long as short
HTX XAU-USDT	+0.0253%	4h	4,330	+0.126%	$2.7M	$4.8M	75x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0259%	1h	4,325.9	+0.031%	$199K	$827K	25x	as long as short
Bitget XAUUSDT	+0.0276%	4h	4,324.4	−0.002%	$72.0M	$116.0M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0336%	8h	4,326.1	+0.036%	$170.3M	$293.7M	100x	as long as short
BloFin XAU-USDT	+0.0362%	4h	4,333.4	+0.205%	$16.1M	$4.4M	100x	as long as short
Phemex XAUUSDT	+0.0417%	4h	4,330.5	+0.137%	$2.2M	$961K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0451% / S −0.0289%	1h	4,328.6	+0.093%	$249K	—	111x	as long as short