XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.023%

Price spread now: Bitget against MEXC+0.001%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$160.164% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.001%, 7d avg +0.007%

Together, before fees+0.058%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XAU_USDT	4,362	0.0072	pay 0.0036% / 4h	2h 47m	$373.5M	$320.3M	1000x
Short	Bitget XAUUSDT	4,362	0.0130	get 0.0065% / 4h	2h 47m	$69.6M	$111.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now +0.001%Rate

Funding earned: $12.18
Price spread: +0.001% → +0.007%: −$0.64
Slippage, 4 orders: −$0.4
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$4.85
Costs to cover: 0.164%
Break-even: 9.8 days

Slippage from MEXC: live order book, 7 min ago; Bitget: 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 MEXC live order book, 7 min ago	0.03 bp	2.1 bp −$2	2.4 bp −$24	10.6 bp −$1,057	29.3 bp −$14.7K
Sell Bitget live order book, 2 min ago	0.01 bp	6.0 bp −$6	7.3 bp −$73	11.8 bp −$1,182	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	−0.0370%	1h	4,353.7	−0.190%	$26K	$14K	20x	as long as short
Hotstuff GOLD-PERP	−0.0072%	1h	4,356.2	−0.133%	$33K	—	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,361.1	−0.020%	$69.3M	$271.0M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,361.8	−0.005%	$263.7M	$404.6M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,357.8	−0.096%	$4.1M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,365.6	+0.084%	$93K	$9.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,357.1	−0.112%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,356.8	−0.118%	$13.5M	$43.0M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.265%	$619	$54	52x	as long as short
Lighter XAU	+0.0040%	1h	4,361.1	−0.021%	$20.7M	$43.4M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAU	+0.0040%	1h	4,363.3	+0.030%	$20.2M	$40.7M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,364.8	+0.065%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,394.2	+0.739%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,356.9	−0.116%	$294.1M	$48.4M	25x	as long as short
Variational Omni XAU	+0.0050%	4h	4,366.4	+0.100%	$48.5M	$28.4M	—	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,356	−0.138%	$14.9M	$57.6M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,358.8	−0.073%	$5.6M	$1.9M	20x	as long as short
Polymarket Perps GOLD-USD	+0.0053%	1h	4,358.9	−0.071%	$4.3M	$1.9M	20x	as long as short
MEXC XAU_USDTlong	+0.0072%	4h	4,362	long leg	$373.5M	$320.3M	1000x
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,357.7	−0.098%	$2.0M	$5.0M	25x	as long as short
Binance XAUUSDT	+0.0074%	4h	4,361.8	−0.003%	$410.4M	$2.11B	100x	as long as short
edgeX XAUUSDC	+0.0081%	4h	4,358.8	−0.072%	$30.4M	$60.6M	50x	as long as short
Paradex XAU-USD-PERP	+0.0086%	8h	4,359.2	−0.065%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,359.8	−0.049%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,356.1	−0.135%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,361.3	−0.015%	$275K	$204K	50x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0117%	1h	4,359.4	−0.059%	$235K	$661K	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,363.7	+0.039%	$48K	$64K	25x	as long as short
Bitget XAUUSDTshort	+0.0130%	4h	4,362	+0.001%	$69.6M	$111.0M	100x
RISEx XAU/USDC	+0.0135%	1h	4,359.2	−0.064%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0138%	4h	4,364	+0.045%	$1.4M	$3.0M	25x	as long as short
Bullet GOLD-USD	+0.0152%	1h	4,360.5	−0.034%	$60K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0175%	4h	4,363	+0.023%	$84.4M	$145.3M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0220%	8h	4,363.2	+0.028%	$164.8M	$286.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,357.4	−0.106%	$594K	$141K	25x	as long as short
BloFin XAU-USDT	+0.0286%	4h	4,364.8	+0.065%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,361	−0.023%	$253K	—	111x	as long as short
Phemex XAUUSDT	+0.0399%	4h	4,365.4	+0.079%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0529%	4h	4,364.7	+0.061%	$2.9M	$3.9M	75x	as long as short