XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.028%

Price spread now: Coinbase International against gTrade (Gains Network)+0.096%7-day average +0.031% · 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−$273as in the Price arb table

costs, in and out, $10k−$2792.790% of the position

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.480%+$48 on $10k

Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.096%, 7d avg +0.031%

Together, before fees+0.453%+$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.065% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAU/USD	4,360.4	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	45m 03s	$267K	—	250x
Short	Coinbase International GOLD-PERP-INTX	4,364.6	0.0152	get 0.0019% / 1h	45m 03s	$2.0M	$5.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.096%Rate

Funding earned: $31.44
Price spread: +0.096% → +0.031%: $6.48
Slippage, 4 orders: −$262.03
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$241.11
Costs to cover: 2.790%
Break-even: 60.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 64 min ago; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago	0.92 bp	6.0 bp −$6	7.5 bp −$75	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
Bluefin GOLD-PERP	−0.0327%	1h	4,359.1	−0.031%	$26K	$21K	20x	as long as short
Phoenix GOLD	−0.0004%	1h	4,364.9	+0.103%	$48K	$65K	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,363.7	+0.075%	$71.5M	$228.5M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,363.2	+0.063%	$408.2M	$2.10B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,363.7	+0.075%	$82.6M	$141.4M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,365	+0.105%	$3.4M	$12.4M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,364	+0.081%	$268.0M	$406.8M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,363.1	+0.062%	$375.9M	$320.4M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,363.4	+0.067%	$66.9M	$111.0M	100x	as long as short
Variational Omni XAU	0.0000%	4h	4,365.9	+0.125%	$48.5M	$30.6M	—	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XAU_USDT_Perp	0.0000%	4h	4,367.4	+0.160%	$1.4M	$3.1M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,362.8	+0.055%	$4.0M	$35.2M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,368.3	+0.181%	$93K	$10.6M	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,360.4	long leg	$267K	—	250x
edgeX XAUUSDC	+0.0007%	4h	4,361.8	+0.032%	$30.3M	$58.2M	50x	as long as short
Bullet GOLD-USD	+0.0021%	1h	4,364	+0.083%	$60K	$81K	10x	as long as short
QFEX GOLD-USD	+0.0032%	1h	4,364.7	+0.098%	$5.6M	$1.7M	20x	as long as short
Lighter XAU	+0.0032%	1h	4,363.1	+0.061%	$20.9M	$44.3M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,365.2	+0.110%	$20.3M	$41.6M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,360.7	+0.005%	$13.0M	$46.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.229%	$619	$54	52x	as long as short
Hotstuff GOLD-PERP	+0.0040%	1h	4,362	+0.036%	$33K	—	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,366.4	+0.137%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,399.4	+0.894%	—	$1.0M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0048%	1h	4,362.1	+0.039%	$235K	$735K	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,360.4	0.000%	$293.5M	$52.3M	25x	as long as short
Paradex XAU-USD-PERP	+0.0050%	8h	4,365.3	+0.112%	$19K	$6K	5x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,361.5	+0.025%	$14.5M	$56.1M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0072%	1h	4,363.6	+0.073%	$4.3M	$1.8M	20x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,363.3	+0.067%	$162K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,362	+0.036%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,363.9	+0.080%	$277K	$204K	50x	as long as short
HTX XAU-USDT	+0.0133%	4h	4,367.4	+0.161%	$2.8M	$3.8M	75x	as long as short
Coinbase International GOLD-PERP-INTXshort	+0.0152%	1h	4,364.6	+0.096%	$2.0M	$5.1M	25x
OKX XAU-USDT-SWAP	+0.0154%	8h	4,365	+0.105%	$157.8M	$270.9M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0220%	1h	4,361.1	+0.017%	$602K	$138K	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,364.8	+0.100%	$14.7M	$4.4M	100x	as long as short
Phemex XAUUSDT	+0.0306%	4h	4,366.6	+0.142%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0388% / S −0.0197%	1h	4,363.8	+0.076%	$252K	—	111x	as long as short