XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.046%

Price spread now: Aevo against Kraken Futures+0.042%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.144%−$14 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.042%, 7d avg +0.052%

Together, before fees−0.116%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.052%, 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	Kraken Futures PF_XAUUSD	4,322.5	0.0153	pay 0.0019% / 1h	13m 03s	$578K	$146K	25x
Short	Aevo XAU-PERP	4,324.3	0.0104	get 0.0013% / 1h	13m 03s	$160K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now +0.042%Rate

Funding earned: −$10.37
Price spread: +0.042% → +0.052%: −$0.95
Slippage, 4 orders: −$24.23
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$61.55
Costs to cover: 0.502%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 30 min ago; Aevo: live order book, 31 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 Kraken Futures live order book, 30 min ago	3.15 bp	8.2 bp −$8	12.1 bp −$121	doesn't fit	doesn't fit
Sell Aevo live order book, 31 min ago	5.71 bp	15.8 bp −$16	30.9 bp −$309	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
Bluefin GOLD-PERP	−0.0074%	1h	4,317.5	−0.117%	$25K	$1K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,329.7	+0.167%	$92K	$7.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,321.5	−0.022%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0024%	4h	4,325.7	+0.074%	$77.0M	$154.5M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.646%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.4	+0.021%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,323.3	+0.019%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,357.3	+0.805%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,321.1	−0.032%	$291.6M	$51.3M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,320.7	−0.042%	$15.0M	$55.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XAUUSD1	+0.0062%	4h	4,326.7	+0.097%	$72.6M	$273.7M	20x	as long as short
Lighter XAU	+0.0064%	1h	4,324.4	+0.045%	$20.3M	$30.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,322	−0.011%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0078%	8h	4,323.7	+0.028%	$2K	$14K	5x	as long as short
Kalshi KXGOLDPERP	+0.0081%	24h	4,326	+0.081%	$3.8M	$44.0M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0094%	4h	4,324.5	+0.046%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0094%	4h	4,322.5	0.000%	$47.3M	$28.7M	—	as long as short
Phoenix GOLD	+0.0100%	1h	4,321.6	−0.021%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320.5	−0.047%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,325.5	+0.070%	$373.7M	$333.4M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,320.8	−0.039%	$272K	$209K	50x	as long as short
Binance XAUUSDT	+0.0101%	4h	4,325.4	+0.067%	$423.2M	$2.14B	100x	as long as short
Aevo XAU-PERPshort	+0.0104%	1h	4,324.3	+0.042%	$160K	$87	10x
edgeX XAUUSDC	+0.0110%	4h	4,319.3	−0.074%	$30.1M	$60.1M	50x	as long as short
Lighter RH XAU	+0.0112%	1h	4,326.8	+0.100%	$20.0M	$39.4M	25x	as long as short
Gate XAU_USDT	+0.0116%	4h	4,326.4	+0.090%	$279.6M	$423.3M	100x	as long as short
Extended XAU-USD	+0.0128%	1h	4,321.3	−0.028%	$12.9M	$36.8M	25x	as long as short
Hotstuff GOLD-PERP	+0.0136%	1h	4,320.5	−0.046%	$32K	—	25x	as long as short
Kraken Futures PF_XAUUSDlong	+0.0153%	1h	4,322.5	long leg	$578K	$146K	25x
RISEx XAU/USDC	+0.0184%	1h	4,327.1	+0.106%	$4.1M	$12.8M	25x	as long as short
Bullet GOLD-USD	+0.0187%	1h	4,325.5	+0.070%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,325.3	+0.065%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0218%	4h	4,325.2	+0.063%	$67.5M	$118.4M	100x	as long as short
HTX XAU-USDT	+0.0276%	4h	4,330	+0.173%	$3.0M	$5.4M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0300%	8h	4,326.1	+0.083%	$172.6M	$300.4M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0305%	1h	4,324.1	+0.037%	$191K	$838K	25x	as long as short
Phemex XAUUSDT	+0.0322%	4h	4,326.5	+0.092%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0341%	4h	4,325.5	+0.070%	$16.2M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,325.6	+0.073%	$253K	—	111x	as long as short