XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.018%

Price spread now: Extended against gTrade (Gains Network)−0.001%7-day average +0.001% · you buy dearer than you sell

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−$2722.723% of the position

Long on gTrade (Gains Network)Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.046%+$5 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.001%, 7d avg +0.001%

Together, before fees−0.026%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$1 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	4,339.4	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	46m 05s	$271K	—	250x
Short	Extended XAU-USD	4,339.4	0.0032	get 0.0004% / 1h	46m 05s	$13.3M	$37.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.001%Rate

Funding earned: $6.23
Price spread: −0.001% → +0.001%: −$0.25
Slippage, 4 orders: −$260.26
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$266.27
Costs to cover: 2.723%
Break-even: 306.1 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 38 min ago; Extended: live order book, 3 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), 38 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 Extended live order book, 3 min ago	0.12 bp	2.6 bp −$3	3.2 bp −$32	8.4 bp −$844	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	−0.0020%	1h	4,336.3	−0.073%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,347.5	+0.186%	$92K	$8.7M	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,339.4	long leg	$271K	—	250x
RISEx XAU/USDC	+0.0005%	1h	4,342.5	+0.071%	$3.5M	$12.1M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,344	+0.105%	$20.0M	$39.2M	25x	as long as short
Extended XAU-USDshort	+0.0032%	1h	4,339.4	−0.001%	$13.3M	$37.9M	25x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.253%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,343.7	+0.098%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,342.1	+0.062%	$5.7M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,375.8	+0.838%	—	$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
Lighter XAU	+0.0048%	1h	4,341.8	+0.054%	$20.8M	$34.5M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,340.2	+0.018%	$293.5M	$49.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,339.6	+0.003%	$15.1M	$56.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,340.4	+0.022%	$4.3M	$37.5M	15x	as long as short
Gate XAU_USDT	+0.0052%	4h	4,344.8	+0.123%	$267.9M	$412.1M	100x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,340.1	+0.015%	$33K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,340.1	+0.015%	$2.1M	$4.8M	25x	as long as short
Bybit XAUUSDT	+0.0074%	4h	4,344.5	+0.116%	$80.5M	$150.6M	150x	as long as short
Aster XAUUSD1	+0.0076%	4h	4,344.4	+0.114%	$71.5M	$332.4M	20x	as long as short
Paradex XAU-USD-PERP	+0.0082%	8h	4,343.2	+0.086%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0087%	4h	4,342.7	+0.076%	$48.3M	$27.7M	—	as long as short
MEXC XAU_USDT	+0.0098%	4h	4,343.4	+0.091%	$372.5M	$317.5M	1000x	as long as short
Pacifica XAU	+0.0100%	1h	4,339.5	+0.002%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,337	−0.056%	$274K	$203K	50x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,343.6	+0.096%	$415.1M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0101%	4h	4,336.2	−0.075%	$30.2M	$58.3M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,342.6	+0.073%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0136%	1h	4,338.3	−0.026%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0166%	4h	4,341.6	+0.051%	$1.4M	$2.9M	25x	as long as short
Phemex XAUUSDT	+0.0177%	4h	4,343.9	+0.104%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0211%	1h	4,341.8	+0.055%	$205K	$826K	25x	as long as short
Bullet GOLD-USD	+0.0214%	1h	4,343.6	+0.096%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0220%	1h	4,343.4	+0.091%	$4.3M	$2.0M	20x	as long as short
Bitget XAUUSDT	+0.0244%	4h	4,344	+0.104%	$71.1M	$109.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,340.3	+0.020%	$592K	$132K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0317%	8h	4,344.8	+0.124%	$166.3M	$281.6M	100x	as long as short
BloFin XAU-USDT	+0.0352%	4h	4,343.4	+0.091%	$15.6M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0426% / S −0.0252%	1h	4,343.5	+0.094%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0549%	4h	4,347.6	+0.188%	$2.8M	$4.6M	75x	as long as short