XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h −0.013%

Price spread now: SunX against Gate+0.055%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$810.815% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.055%, 7d avg +0.069%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAU_USDT	4,319.2	0.0108	pay 0.0054% / 4h	20m 07s	$283.5M	$423.0M	100x
Short	SunX XAU-USDT	4,321.5	0	get 0.0000% / 4h	20m 07s	$92K	$7.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$22.68
Price spread: +0.055% → +0.069%: −$1.42
Slippage, 4 orders: −$58.47
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$105.57
Costs to cover: 0.815%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago	0.01 bp	7.5 bp −$8	8.1 bp −$81	13.0 bp −$1,301	22.3 bp −$11.2K
Sell SunX live order book, 9 min ago	26.52 bp	35.0 bp −$35	doesn't fit	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
Hotstuff GOLD-PERP	0.0000%	1h	4,312.8	−0.147%	$32K	—	25x	as long as short
SunX XAU-USDTshort	0.0000%	4h	4,321.5	+0.055%	$92K	$7.2M	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,312	−0.166%	$269K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.724%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,319.3	+0.003%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,315.5	−0.085%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,349.1	+0.693%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,313.8	−0.124%	$290.9M	$51.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,313	−0.142%	$15.0M	$55.3M	25x	as long as short
Aster XAUUSD1	+0.0056%	4h	4,317.4	−0.041%	$72.9M	$272.1M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0062%	4h	4,316.7	−0.056%	$77.6M	$154.6M	150x	as long as short
Paradex XAU-USD-PERP	+0.0064%	8h	4,316.7	−0.057%	$2K	$14K	5x	as long as short
Bluefin GOLD-PERP	+0.0070%	1h	4,310.3	−0.205%	$25K	$1K	20x	as long as short
Lighter XAU	+0.0072%	1h	4,315	−0.097%	$20.3M	$30.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,312.4	−0.156%	$2.1M	$5.0M	25x	as long as short
Variational Omni XAU	+0.0095%	4h	4,317.1	−0.047%	$47.1M	$29.1M	—	as long as short
Kalshi KXGOLDPERP	+0.0096%	24h	4,318	−0.027%	$3.6M	$45.0M	15x	as long as short
Phoenix GOLD	+0.0096%	1h	4,315.6	−0.082%	$42K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,313.3	−0.135%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,315.5	−0.084%	$272K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,317.4	−0.041%	$19.9M	$39.7M	25x	as long as short
MEXC XAU_USDT	+0.0104%	4h	4,316.2	−0.069%	$364.3M	$334.4M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,316.6	−0.060%	$160K	$87	10x	as long as short
Binance XAUUSDT	+0.0106%	4h	4,316.2	−0.068%	$425.9M	$2.16B	100x	as long as short
Gate XAU_USDTlong	+0.0108%	4h	4,319.2	long leg	$283.5M	$423.0M	100x
GRVT XAU_USDT_Perp	+0.0108%	4h	4,315.9	−0.075%	$1.4M	$3.0M	25x	as long as short
Extended XAU-USD	+0.0120%	1h	4,313.2	−0.137%	$13.2M	$36.8M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0121%	1h	4,315.7	−0.080%	$162K	$876K	25x	as long as short
edgeX XAUUSDC	+0.0124%	4h	4,311.9	−0.168%	$30.0M	$60.1M	50x	as long as short
Bitget XAUUSDT	+0.0190%	4h	4,316.1	−0.071%	$70.2M	$120.8M	100x	as long as short
Bullet GOLD-USD	+0.0204%	1h	4,317.6	−0.037%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,317.5	−0.038%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,314.8	−0.100%	$574K	$138K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0271%	8h	4,316.6	−0.059%	$174.6M	$303.5M	100x	as long as short
BloFin XAU-USDT	+0.0346%	4h	4,317.3	−0.043%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0416%	4h	4,316.9	−0.053%	$2.2M	$976K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0311%	1h	4,316.2	−0.068%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0495%	4h	4,323.7	+0.106%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,316.9	−0.052%	$4.5M	$13.3M	25x	as long as short