XAU

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexXAUUSDT	4,161.1	+0.1535	pay 0.0767% / 4h	1h 29m	$2.3M	$391K	100x	Long Phemex
SHORT	AvantisXAU/USD	4,154.2	L +0.0108S +0.0023	pay 0.0003% / 1h	29m 03s	$2.1M	—	200x	Short Avantis

Price gap−0.165%

Funding gap−0.1558% /8h

The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $47 a day and eats that in about 4 hours. At the last 7 days' pace that is about 29 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$40−0.1558% /8h now · paid −0.401% over the last 7D

Price+$7spread −0.165% now, avg −0.234% → +0.068% if it goes back

Costsno datano order book for Avantis

Result, before costs−$33−0.33%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.401% in total, about −0.0191%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.165%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XAU on 41 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Avantis: its slippage is not counted.
Note: Margin at max leverage$100 + $50
Phemex 100x, Avantis 200x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$46.73Long Phemex: 6 payments, −$46.05; short Avantis: 24 payments, −$0.68.
OK: Entry gap works for you−0.165% vs −0.234%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Short leg is thinner$2.1M vs $2.3M OI
Both legs are deep; Avantis is the smaller one.
OK: Points on a legAvantis Season 3
Volume here counts toward the points program.
Watch: KYCPhemex Yes · Avantis No
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0191%/8h × 21 periods−$40.06

Price spread−0.165% → −0.234% (7d avg)+$6.84

Slippage, 4 ordersno data for Avantis—

Fee Phemex bp × 2 orders−$12.00

Fee Avantis bp × 2 orders−$4.00

Net, fees only · 7 days · $10k−$49.22

Costs to cover0.160%Break-evennever at this rate

Slippage: Phemex: live order book, 3 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex8.4519.4 bp−$19103.0 bp−$1,030doesn’t fitdoesn’t fit

SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

XAU news

posts that mention XAU or Gold, from every exchangeSearch all news →

09-30 15:36	BingX	Other	here’s what could move markets before your next trade 👀 which are you watching: gold, the dollar or AI stocks? 👇 @BingXOfficial on X ↗
09-30 02:07	Avantis	Other	The macro backdrop hasn’t changed much, but the reactions across markets have. Yields are pushing back toward multi-decade highs and equities are struggling to get much traction. $XAU is bouncing after getting hit hard, while $BTC has managed to recover toward $84K. That divergence is where this week gets interesting, and the crew is diving in tomorrow at 12:30pm ET 📺 @verantaxyz on X ↗
09-29 13:32	GRVT	Other	UPDATE: 74 of 109 RWA markets traded in week one. Gold led, Korean semis second, US brokerage third. Makers paid on all of them. @grvt_io on X ↗
09-29 08:55	ApeX Omni	Other	Quiet tape. S&P -0.8%, NASDAQ -0.9%, gold and oil barely moved. The 10y keeps grinding: 5.240%, another 13bp since Thursday. bitcoin:native $83,983 +1.3%, $ETH $2,712 +2.6%. $31M into spot ETFs, an eighth straight day. Fear and greed 73. @OfficialApeXdex on X ↗
09-28 20:36	BingX	Other	Core PCE takes center stage Wednesday 👀 A cooler print could lift gold, while a hotter one may boost USD and pressure stocks. Trade $XAU on BingX TradFi 👇 @BingXOfficial on X ↗
09-28 15:58	BingX	Other	Gold fell over $115 today to its lowest level since August. Higher bond yields, a stronger dollar, and high oil prices are pushing the market down 👀 @BingXOfficial on X ↗

XAU