XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h +0.005%

Price spread now: Extended against QFEX−0.063%7-day average −0.048% · you buy dearer than you sell

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

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

costs, in and out, $10k−$180.184% of the position

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.028%+$3 on $10k

Price spread, last 7 days+0.056%+$6 · spread now −0.063%, 7d avg −0.048%

Together, before fees+0.084%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$1 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	4,353.9	0.0051	pay 0.0006% / 1h	41m 46s	$5.6M	$1.9M	20x
Short	Extended XAU-USD	4,351.2	0.0032	get 0.0004% / 1h	41m 46s	$13.6M	$43.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$4.07
Price spread: −0.063% → −0.048%: −$1.41
Slippage, 4 orders: −$3.41
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$23.88
Costs to cover: 0.184%
Break-even: never at this rate

Slippage from QFEX: live order book, 7 min ago; Extended: 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 QFEX live order book, 7 min ago	1.15 bp	6.1 bp −$6	6.1 bp −$61	9.6 bp −$960	doesn't fit
Sell Extended live order book, 2 min ago	0.12 bp	3.3 bp −$3	4.3 bp −$43	8.0 bp −$798	36.0 bp −$18.0K

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	−0.0323%	1h	4,348.6	−0.122%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	−0.0104%	1h	4,351.6	−0.053%	$33K	—	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,356	+0.048%	$69.7M	$280.3M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,356.8	+0.066%	$263.4M	$406.4M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,353.2	−0.016%	$4.1M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,358.6	+0.109%	$93K	$9.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,351.4	−0.058%	$269K	—	250x	as long as short
Extended XAU-USDshort	+0.0032%	1h	4,351.2	−0.063%	$13.6M	$43.0M	25x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.080%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,358.2	+0.099%	$3.8M	$4.7M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,389	+0.806%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,354.5	+0.014%	$20.6M	$43.5M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,357.1	+0.073%	$20.1M	$40.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,352.5	−0.032%	$293.8M	$48.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,351.5	−0.054%	$14.9M	$57.6M	25x	as long as short
QFEX GOLD-USDlong	+0.0051%	1h	4,353.9	long leg	$5.6M	$1.9M	20x
Variational Omni XAU	+0.0053%	4h	4,360	+0.140%	$48.4M	$28.4M	—	as long as short
Polymarket Perps GOLD-USD	+0.0060%	1h	4,353.9	0.000%	$4.3M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,350.6	−0.076%	$2.0M	$5.0M	25x	as long as short
edgeX XAUUSDC	+0.0076%	4h	4,353.6	−0.006%	$30.3M	$60.7M	50x	as long as short
MEXC XAU_USDT	+0.0078%	4h	4,355.2	+0.030%	$372.2M	$321.2M	1000x	as long as short
Binance XAUUSDT	+0.0080%	4h	4,355.1	+0.027%	$410.2M	$2.11B	100x	as long as short
Paradex XAU-USD-PERP	+0.0086%	8h	4,354.9	+0.023%	$19K	$5K	5x	as long as short
Pacifica XAU	+0.0100%	1h	4,351.5	−0.055%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,359.3	+0.123%	$275K	$204K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,354.3	+0.010%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0121%	1h	4,356.7	+0.064%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,354.6	+0.015%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0138%	4h	4,358.7	+0.109%	$1.4M	$3.0M	25x	as long as short
Bitget XAUUSDT	+0.0142%	4h	4,355.7	+0.042%	$69.5M	$110.1M	100x	as long as short
Bullet GOLD-USD	+0.0156%	1h	4,355.3	+0.032%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0181%	4h	4,356.3	+0.054%	$84.1M	$143.6M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0210%	1h	4,353.8	−0.002%	$234K	$661K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0223%	8h	4,356.7	+0.064%	$164.8M	$284.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,351.8	−0.048%	$593K	$141K	25x	as long as short
BloFin XAU-USDT	+0.0286%	4h	4,364.8	+0.250%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,355.3	+0.032%	$253K	—	111x	as long as short
Phemex XAUUSDT	+0.0422%	4h	4,358.9	+0.114%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0531%	4h	4,360.5	+0.152%	$2.9M	$3.9M	75x	as long as short