XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h −0.011%

Price spread now: GRVT against Gate−0.046%96s7-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−$260.263% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.046%, 7d avg −0.020%

Together, before fees+0.132%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.020%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.094% in total) that is about 46 hours. The two prices were read 96 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	4,363.6	0	get 0.0000% / 4h	3h 05m	$265.2M	$422.5M	100x
Short	GRVT XAU_USDT_Perp	4,361.6	0.0136	get 0.0068% / 4h	3h 05m	$1.4M	$3.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.046%Rate

Funding earned: $28.56
Price spread: −0.046% → −0.020%: −$2.59
Slippage, 4 orders: −$2.29
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$0.32
Costs to cover: 0.263%
Break-even: 7.1 days

Slippage from Gate: live order book, 3 min ago; GRVT: 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	9.7 bp −$10	10.8 bp −$108	13.0 bp −$1,304	14.3 bp −$7,158
Sell GRVT live order book, 3 min ago	0.01 bp	4.5 bp −$5	4.5 bp −$45	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
Aster XAUUSD1	0.0000%	4h	4,363.6	−0.001%	$70.3M	$214.9M	20x	as long as short
Gate XAU_USDTlong	0.0000%	4h	4,363.6	long leg	$265.2M	$422.5M	100x
Kalshi KXGOLDPERP	0.0000%	24h	4,359.3	−0.099%	$4.0M	$36.7M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,365.7	+0.047%	$93K	$10.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,358.8	−0.109%	$269K	—	250x	as long as short
Variational Omni XAU	+0.0029%	4h	4,362.2	−0.033%	$48.4M	$28.5M	—	as long as short
Extended XAU-USD	+0.0032%	1h	4,358.9	−0.107%	$13.5M	$43.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.302%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,362.6	−0.023%	$3.8M	$4.7M	40x	as long as short
MEXC XAU_USDT	+0.0044%	4h	4,363	−0.014%	$372.9M	$331.0M	1000x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0045%	1h	4,359.8	−0.087%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,395.9	+0.740%	—	$1.0M	25x	as long as short
Binance XAUUSDT	+0.0047%	4h	4,362.7	−0.022%	$411.6M	$2.15B	100x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,361.8	−0.040%	$3.4M	$12.4M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,359.4	−0.096%	$294.0M	$51.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,358.2	−0.124%	$14.8M	$57.3M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,357.7	−0.135%	$48K	$64K	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,358.8	−0.110%	$33K	—	25x	as long as short
edgeX XAUUSDC	+0.0057%	4h	4,354.2	−0.216%	$30.3M	$60.3M	50x	as long as short
Lighter XAU	+0.0072%	1h	4,361.7	−0.044%	$20.6M	$44.5M	25x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,361.1	−0.058%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,361.6	−0.047%	$162K	$87	10x	as long as short
Lighter RH XAU	+0.0096%	1h	4,364.2	+0.013%	$20.2M	$41.4M	25x	as long as short
Bitget XAUUSDT	+0.0096%	4h	4,363.1	−0.011%	$69.0M	$112.3M	100x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,359.8	−0.087%	$2.0M	$5.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,359.2	−0.101%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.9	−0.131%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,355.4	−0.187%	$26K	$22K	20x	as long as short
Polymarket Perps GOLD-USD	+0.0119%	1h	4,361.6	−0.046%	$4.3M	$1.8M	20x	as long as short
GRVT XAU_USDT_Perpshort	+0.0136%	4h	4,361.6	−0.046%	$1.4M	$3.1M	25x
BloFin XAU-USDT	+0.0179%	4h	4,362.2	−0.031%	$15.4M	$4.6M	100x	as long as short
Bybit XAUUSDT	+0.0195%	4h	4,363.7	+0.002%	$83.8M	$144.9M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0212%	8h	4,363.8	+0.004%	$164.3M	$288.9M	100x	as long as short
Bullet GOLD-USD	+0.0213%	1h	4,362.6	−0.023%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,359.7	−0.091%	$595K	$141K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0232%	1h	4,361.5	−0.048%	$235K	$658K	25x	as long as short
Phemex XAUUSDT	+0.0297%	4h	4,363.8	+0.004%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,362.8	−0.019%	$252K	—	111x	as long as short
HTX XAU-USDT	+0.0558%	4h	4,366.8	+0.072%	$2.9M	$3.9M	75x	as long as short