XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.025%

Price spread now: Gate against MEXC+0.017%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$190.191% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 7 days+0.027%+$3 · spread now +0.017%, 7d avg +0.029%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, 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	4,358.3	0.0076	pay 0.0038% / 4h	2h 44m	$372.7M	$320.6M	1000x
Short	Gate XAU_USDT	4,359	0	get 0.0000% / 4h	2h 44m	$263.4M	$405.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.017%Rate

Funding earned: −$15.96
Price spread: +0.017% → +0.029%: −$1.23
Slippage, 4 orders: −$0.14
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.33
Costs to cover: 0.191%
Break-even: never at this rate

Slippage from MEXC: live order book, 10 min ago; Gate: live order book, 5 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, 10 min ago	0.03 bp	2.1 bp −$2	2.4 bp −$24	10.6 bp −$1,057	29.3 bp −$14.7K
Sell Gate live order book, 5 min ago	0.01 bp	7.5 bp −$8	8.7 bp −$87	12.8 bp −$1,277	14.3 bp −$7,139

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	−0.0340%	1h	4,351.8	−0.148%	$26K	$14K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,358.6	+0.008%	$69.2M	$275.8M	20x	as long as short
Gate XAU_USDTshort	0.0000%	4h	4,359	+0.017%	$263.4M	$405.7M	100x
Kalshi KXGOLDPERP	0.0000%	24h	4,355.3	−0.068%	$4.1M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,362.3	+0.094%	$93K	$9.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,355.3	−0.068%	$269K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0024%	1h	4,355.3	−0.068%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,354.8	−0.080%	$13.5M	$43.0M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.180%	$619	$54	52x	as long as short
Lighter XAU	+0.0040%	1h	4,357.1	−0.026%	$20.7M	$43.5M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAU-USD	+0.0040%	1h	4,358.6	+0.008%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,391.8	+0.770%	—	$1.0M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,359.4	+0.027%	$20.1M	$40.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,354.9	−0.077%	$293.9M	$48.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,354.8	−0.081%	$14.9M	$57.6M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,357.2	−0.024%	$5.6M	$1.9M	20x	as long as short
Variational Omni XAU	+0.0053%	4h	4,360	+0.040%	$48.4M	$28.4M	—	as long as short
Polymarket Perps GOLD-USD	+0.0059%	1h	4,357.6	−0.015%	$4.3M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,355	−0.075%	$2.0M	$5.0M	25x	as long as short
edgeX XAUUSDC	+0.0076%	4h	4,353.6	−0.106%	$30.3M	$60.7M	50x	as long as short
MEXC XAU_USDTlong	+0.0076%	4h	4,358.3	long leg	$372.7M	$320.6M	1000x
Binance XAUUSDT	+0.0078%	4h	4,358.3	0.000%	$410.5M	$2.11B	100x	as long as short
Paradex XAU-USD-PERP	+0.0086%	8h	4,357.8	−0.010%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,358.1	−0.003%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,354.5	−0.086%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,359.3	+0.023%	$275K	$204K	50x	as long as short
Phoenix GOLD	+0.0121%	1h	4,356.7	−0.036%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,357.6	−0.015%	$3.4M	$12.4M	25x	as long as short
Bitget XAUUSDT	+0.0136%	4h	4,358.2	−0.001%	$69.5M	$110.7M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0138%	4h	4,364	+0.131%	$1.4M	$3.0M	25x	as long as short
Bullet GOLD-USD	+0.0155%	1h	4,358.3	+0.001%	$59K	$83K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0163%	1h	4,356.6	−0.038%	$234K	$661K	25x	as long as short
Bybit XAUUSDT	+0.0180%	4h	4,358.6	+0.008%	$84.2M	$145.3M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0222%	8h	4,359.1	+0.019%	$164.8M	$285.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,355.3	−0.067%	$594K	$141K	25x	as long as short
BloFin XAU-USDT	+0.0286%	4h	4,364.8	+0.150%	$15.5M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0393%	4h	4,361.3	+0.069%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,359.3	+0.023%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.0530%	4h	4,363.1	+0.112%	$2.9M	$3.9M	75x	as long as short