XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.23 per $10,000 · paid last 24h −0.061%

Price spread now: StandX against Kraken Futures+0.073%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$330.334% of the position

Long on Kraken Futures Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.242%−$24 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.073%, 7d avg +0.079%

Together, before fees−0.258%+ Points / potential airdropStandX: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: −$6 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	4,321.5	0.0228	pay 0.0028% / 1h	55m 37s	$578K	$136K	25x
Short	StandX XAU-USD	4,324.6	0.0040	get 0.0005% / 1h	55m 37s	$3.8M	$4.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$39.42
Price spread: +0.073% → +0.079%: −$0.61
Slippage, 4 orders: −$15.39
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$73.43
Costs to cover: 0.334%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 47 min ago; StandX: 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 Kraken Futures live order book, 47 min ago	3.15 bp	8.2 bp −$8	12.1 bp −$121	doesn't fit	doesn't fit
Sell StandX live order book, 3 min ago	1.97 bp	8.2 bp −$8	8.9 bp −$89	9.8 bp −$981	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	−0.0106%	1h	4,318	−0.079%	$25K	$1K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,328.9	+0.173%	$92K	$7.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,320.3	−0.026%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0025%	4h	4,324.6	+0.072%	$76.9M	$153.7M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.670%	$619	$54	52x	as long as short
StandX XAU-USDshort	+0.0040%	1h	4,324.6	+0.073%	$3.8M	$4.5M	40x
QFEX GOLD-USD	+0.0045%	1h	4,323.2	+0.040%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,356.6	+0.813%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,319.5	−0.045%	$291.4M	$51.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,319.7	−0.041%	$15.0M	$55.7M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAU	+0.0056%	1h	4,322.2	+0.017%	$20.3M	$28.8M	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,320.6	−0.020%	$32K	—	25x	as long as short
Aster XAUUSD1	+0.0060%	4h	4,325.5	+0.093%	$72.7M	$272.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.3	−0.050%	$2.1M	$4.8M	25x	as long as short
Paradex XAU-USD-PERP	+0.0072%	8h	4,323.3	+0.043%	$2K	$14K	5x	as long as short
Kalshi KXGOLDPERP	+0.0086%	24h	4,325.2	+0.087%	$3.8M	$44.2M	15x	as long as short
Variational Omni XAU	+0.0094%	4h	4,323.8	+0.054%	$47.3M	$29.1M	—	as long as short
GRVT XAU_USDT_Perp	+0.0098%	4h	4,324.7	+0.075%	$1.4M	$3.0M	25x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.5	−0.045%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320	−0.034%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,323.7	+0.051%	$365.0M	$324.5M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,318.8	−0.062%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0101%	4h	4,323.9	+0.056%	$424.6M	$2.14B	100x	as long as short
Gate XAU_USDT	+0.0102%	4h	4,325.2	+0.087%	$279.3M	$408.4M	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,323.4	+0.044%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0107%	4h	4,318.6	−0.067%	$30.1M	$59.3M	50x	as long as short
Lighter RH XAU	+0.0120%	1h	4,324.8	+0.077%	$20.0M	$38.5M	25x	as long as short
Extended XAU-USD	+0.0136%	1h	4,319.4	−0.047%	$13.1M	$36.4M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0190%	1h	4,322.6	+0.027%	$163K	$861K	25x	as long as short
Bullet GOLD-USD	+0.0190%	1h	4,324.6	+0.072%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0203%	1h	4,324.4	+0.068%	$4.3M	$2.0M	20x	as long as short
Bitget XAUUSDT	+0.0204%	4h	4,323.3	+0.042%	$68.9M	$118.4M	100x	as long as short
Kraken Futures PF_XAUUSDlong	+0.0228%	1h	4,321.5	long leg	$578K	$136K	25x
OKX XAU-USDT-SWAP	+0.0292%	8h	4,323.9	+0.057%	$173.3M	$299.7M	100x	as long as short
BloFin XAU-USDT	+0.0340%	4h	4,324.8	+0.078%	$16.4M	$4.6M	100x	as long as short
HTX XAU-USDT	+0.0346%	4h	4,330.3	+0.204%	$3.2M	$5.8M	75x	as long as short
Phemex XAUUSDT	+0.0360%	4h	4,325.9	+0.104%	$2.2M	$975K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,324.6	+0.072%	$253K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,325.8	+0.100%	$4.1M	$13.0M	25x	as long as short