XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.008%

Price spread now: MEXC against GRVT−0.029%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$140.136% of the position

Long on GRVT Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.029%, 7d avg −0.007%

Together, before fees+0.035%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.022% cheaper against GRVT than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of −0.007%). If the spread goes back, that is −$2 on $10k: about 4.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.001% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XAU_USDT_Perp	4,321.1	0.0082	pay 0.0041% / 4h	1h 47m	$1.4M	$3.0M	25x
Short	MEXC XAU_USDT	4,319.9	0.0100	get 0.0050% / 4h	1h 47m	$361.8M	$326.7M	1000x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against GRVT. 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 GRVTbpFee MEXCbpOrdersPrice spread, now −0.029%Rate

Funding earned: $3.78
Price spread: −0.029% → −0.007%: −$2.16
Slippage, 4 orders: −$0.58
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$11.96
Costs to cover: 0.136%
Break-even: 29.1 days

Slippage from GRVT: live order book, 1 min ago; MEXC: live order book, 2 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 GRVT live order book, 1 min ago	0.01 bp	4.5 bp −$5	4.5 bp −$45	6.0 bp −$599	doesn't fit
Sell MEXC live order book, 2 min ago	0.04 bp	2.0 bp −$2	2.0 bp −$20	2.7 bp −$273	16.8 bp −$8,394

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	−0.0091%	1h	4,313.7	−0.173%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,324.4	+0.076%	$92K	$8.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,316.2	−0.114%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0009%	4h	4,321	−0.004%	$77.4M	$156.9M	150x	as long as short
Extended XAU-USD	+0.0032%	1h	4,316	−0.119%	$13.2M	$36.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.678%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,324.4	+0.076%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,319.3	−0.042%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,353.8	+0.756%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,316.9	−0.098%	$291.3M	$51.7M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,315.8	−0.123%	$15.0M	$55.7M	25x	as long as short
Lighter XAU	+0.0064%	1h	4,319.2	−0.045%	$20.3M	$30.3M	25x	as long as short
Kalshi KXGOLDPERP	+0.0070%	24h	4,324.9	+0.087%	$3.9M	$43.2M	15x	as long as short
Hotstuff GOLD-PERP	+0.0072%	1h	4,317.5	−0.084%	$32K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.3	−0.042%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0073%	8h	4,319.9	−0.028%	$19K	$5K	5x	as long as short
Aster XAUUSD1	+0.0080%	4h	4,321.7	+0.012%	$72.4M	$309.0M	20x	as long as short
GRVT XAU_USDT_Perplong	+0.0082%	4h	4,321.1	long leg	$1.4M	$3.0M	25x
Gate XAU_USDT	+0.0084%	4h	4,322.2	+0.024%	$281.6M	$410.8M	100x	as long as short
Variational Omni XAU	+0.0093%	4h	4,320.2	−0.021%	$47.3M	$29.3M	—	as long as short
Lighter RH XAU	+0.0096%	1h	4,321.3	+0.003%	$19.8M	$38.4M	25x	as long as short
Phoenix GOLD	+0.0100%	1h	4,320.2	−0.021%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,316.2	−0.114%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDTshort	+0.0100%	4h	4,319.9	−0.029%	$361.8M	$326.7M	1000x
ApeX Omni XAUUSDT	+0.0100%	1h	4,320.1	−0.023%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0101%	4h	4,319.9	−0.029%	$414.9M	$2.14B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,319.9	−0.028%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0113%	4h	4,318.4	−0.063%	$30.1M	$61.2M	50x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,317.7	−0.079%	$587K	$131K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,322	+0.021%	$4.2M	$12.8M	25x	as long as short
Bullet GOLD-USD	+0.0196%	1h	4,320.7	−0.009%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,321	−0.003%	$4.2M	$1.9M	20x	as long as short
HTX XAU-USDT	+0.0217%	4h	4,325.6	+0.103%	$2.8M	$4.9M	75x	as long as short
Bitget XAUUSDT	+0.0236%	4h	4,319.9	−0.027%	$68.0M	$119.3M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0236%	1h	4,319.5	−0.038%	$193K	$831K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0315%	8h	4,320.6	−0.012%	$170.1M	$297.0M	100x	as long as short
BloFin XAU-USDT	+0.0342%	4h	4,322.6	+0.034%	$16.2M	$4.4M	100x	as long as short
Phemex XAUUSDT	+0.0391%	4h	4,323.7	+0.059%	$2.2M	$962K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,320.5	−0.014%	$252K	—	111x	as long as short