XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.103%

Price spread now: BloFin against Gate−0.013%48s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs+$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.295% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.466%+$47 on $10k

Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.013%, 7d avg −0.020%

Together, before fees+0.526%+$53 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAU_USDT	4,342.6	0	get 0.0000% / 4h	2h 06m	$273.1M	$413.5M	100x
Short	BloFin XAU-USDT	4,342.1	0.0108	get 0.0054% / 4h	2h 06m	$14.8M	$4.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.013%Rate

Funding earned: $22.76
Price spread: −0.013% → −0.020%: $0.71
Slippage, 4 orders: −$2.48
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$6.01
Costs to cover: 0.295%
Break-even: 8.8 days

Slippage from Gate: live order book, 3 min ago; BloFin: 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 Gate live order book, 3 min ago	0.01 bp	8.1 bp −$8	10.6 bp −$106	18.9 bp −$1,889	27.6 bp −$13.8K
Sell BloFin live order book, 3 min ago	0.10 bp	6.1 bp −$6	6.6 bp −$66	doesn't fit	doesn't fit

XAU on 38 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	−0.0500%	1h	4,334.7	−0.183%	$26K	$21K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,344.7	+0.048%	$71.1M	$241.0M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,341.8	−0.019%	$411.2M	$2.12B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,342.1	−0.014%	$82.6M	$144.9M	150x	as long as short
Gate XAU_USDTlong	0.0000%	4h	4,342.6	long leg	$273.1M	$413.5M	100x
MEXC XAU_USDT	0.0000%	4h	4,341.4	−0.029%	$372.3M	$350.7M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,342.4	−0.006%	$67.1M	$114.1M	100x	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,342.1	−0.012%	$1.4M	$3.3M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,340.5	−0.049%	$3.9M	$34.1M	15x	as long as short
Bullet GOLD-USD	0.0000%	1h	4,342	−0.015%	$59K	$84K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XAU-USDT	0.0000%	4h	4,346.2	+0.082%	$92K	$10.9M	20x	as long as short
HTX XAU-USDT	0.0000%	4h	4,346.2	+0.082%	$2.8M	$3.8M	75x	as long as short
Variational Omni XAU	+0.0016%	4h	4,342	−0.014%	$47.8M	$34.0M	—	as long as short
edgeX XAUUSDC	+0.0017%	4h	4,338.3	−0.100%	$30.2M	$58.0M	50x	as long as short
Lighter XAU	+0.0032%	1h	4,340.8	−0.043%	$20.7M	$46.8M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,343.3	+0.016%	$20.2M	$45.1M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,343.6	+0.022%	$13.2M	$50.9M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.179%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,343.2	+0.013%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,382	+0.906%	—	$995K	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,339.5	−0.072%	$293.0M	$52.6M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,341.3	−0.031%	$4.3M	$2.3M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,341.1	−0.036%	$14.4M	$54.6M	25x	as long as short
Paradex XAU-USD-PERP	+0.0051%	8h	4,342.1	−0.013%	$19K	$6K	5x	as long as short
QFEX GOLD-USD	+0.0052%	1h	4,342.5	−0.003%	$5.5M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,338.9	−0.086%	$2.0M	$5.2M	25x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,341.8	−0.020%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,341.2	−0.034%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,343.2	+0.014%	$272K	$204K	50x	as long as short
BloFin XAU-USDTshort	+0.0108%	4h	4,342.1	−0.013%	$14.8M	$4.3M	100x
Phoenix GOLD	+0.0109%	1h	4,343.4	+0.018%	$47K	$69K	25x	as long as short
Hotstuff GOLD-PERP	+0.0152%	1h	4,339.5	−0.072%	$33K	—	25x	as long as short
OKX XAU-USDT-SWAP	+0.0187%	8h	4,341.8	−0.019%	$157.9M	$275.1M	100x	as long as short
RISEx XAU/USDC	+0.0190%	1h	4,342	−0.014%	$3.4M	$12.6M	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0333%	1h	4,339	−0.083%	$599K	$140K	25x	as long as short
Phemex XAUUSDT	+0.0412%	4h	4,344.8	+0.050%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0496% / S −0.0311%	1h	4,341.7	−0.021%	$251K	—	29x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0696%	1h	4,339.7	−0.068%	$221K	$883K	25x	as long as short