XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h +0.021%

Price spread now: Aevo against QFEX+0.012%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$460.462% of the position

Long on QFEX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.088%+$9 on $10k

Price spread, last 4 days (all we have)+0.035%+$4 · spread now +0.012%, 7d avg −0.002%

Together, before fees+0.123%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, 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	QFEX GOLD-USD	4,334.9	0.0044	pay 0.0005% / 1h	30m 13s	$5.4M	$2.1M	20x
Short	Aevo XAU-PERP	4,335.4	0.0112	get 0.0014% / 1h	30m 13s	$161K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against QFEX. 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 QFEXbpFee AevobpOrdersPrice spread, now +0.012%Rate

Funding earned: $14.31
Price spread: +0.012% → −0.002%: $1.43
Slippage, 4 orders: −$20.2
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$30.45
Costs to cover: 0.462%
Break-even: 21.9 days

Slippage from QFEX: live order book, 9 min ago; Aevo: live order book, 19 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 QFEX live order book, 9 min ago	2.42 bp	7.4 bp −$7	7.4 bp −$74	9.3 bp −$930	doesn't fit
Sell Aevo live order book, 19 min ago	5.21 bp	16.4 bp −$16	31.4 bp −$314	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
SunX XAU-USDT	0.0000%	4h	4,340	+0.118%	$92K	$8.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,332.1	−0.066%	$271K	—	250x	as long as short
Bluefin GOLD-PERP	+0.0005%	1h	4,330	−0.113%	$25K	$14K	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,332.2	−0.062%	$13.2M	$37.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.358%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,335.5	+0.014%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USDlong	+0.0044%	1h	4,334.9	long leg	$5.4M	$2.1M	20x
Vest GC-PERP	+0.0046%	1h	4,368.5	+0.775%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,335.2	+0.007%	$20.7M	$30.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,332.1	−0.065%	$292.5M	$50.4M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,333.4	−0.034%	$15.0M	$56.7M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,336.7	+0.042%	$3.7M	$12.3M	25x	as long as short
Kalshi KXGOLDPERP	+0.0057%	24h	4,336.6	+0.039%	$4.1M	$40.4M	15x	as long as short
Gate XAU_USDT	+0.0064%	4h	4,337.7	+0.064%	$273.5M	$404.5M	100x	as long as short
Bybit XAUUSDT	+0.0065%	4h	4,336.8	+0.045%	$79.1M	$154.4M	150x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,332.1	−0.065%	$2.1M	$4.7M	25x	as long as short
Paradex XAU-USD-PERP	+0.0072%	8h	4,336.7	+0.041%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0088%	1h	4,337.6	+0.063%	$20.0M	$38.6M	25x	as long as short
Hotstuff GOLD-PERP	+0.0096%	1h	4,325.6	−0.215%	$32K	—	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,332.8	−0.048%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,328.3	−0.153%	$275K	$204K	50x	as long as short
Aster XAUUSD1	+0.0111%	4h	4,337.1	+0.051%	$71.6M	$331.6M	20x	as long as short
Variational Omni XAU	+0.0111%	4h	4,333.1	−0.041%	$48.3M	$27.5M	—	as long as short
Aevo XAU-PERPshort	+0.0112%	1h	4,335.4	+0.012%	$161K	$87	10x
MEXC XAU_USDT	+0.0120%	4h	4,336	+0.026%	$365.4M	$322.1M	1000x	as long as short
Binance XAUUSDT	+0.0121%	4h	4,335.9	+0.023%	$417.6M	$2.14B	100x	as long as short
Phoenix GOLD	+0.0127%	1h	4,333.4	−0.035%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0132%	4h	4,332.3	−0.059%	$1.4M	$2.9M	25x	as long as short
edgeX XAUUSDC	+0.0138%	4h	4,329.7	−0.119%	$30.1M	$58.7M	50x	as long as short
Bullet GOLD-USD	+0.0161%	1h	4,335.7	+0.019%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0171%	1h	4,336	+0.025%	$4.2M	$2.0M	20x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0235%	1h	4,334.7	−0.005%	$202K	$820K	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0247%	1h	4,333.2	−0.039%	$590K	$130K	25x	as long as short
HTX XAU-USDT	+0.0260%	4h	4,339	+0.094%	$2.8M	$4.8M	75x	as long as short
Bitget XAUUSDT	+0.0284%	4h	4,336.2	+0.031%	$72.9M	$111.8M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0338%	8h	4,336.7	+0.042%	$169.9M	$291.3M	100x	as long as short
Phemex XAUUSDT	+0.0339%	4h	4,336.9	+0.045%	$2.2M	$960K	100x	as long as short
BloFin XAU-USDT	+0.0379%	4h	4,334.4	−0.012%	$15.9M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0451% / S −0.0286%	1h	4,336	+0.026%	$250K	—	111x	as long as short