XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: StandX against QFEX+0.116%7-day average +0.057% · 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−$24as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on QFEX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.043%+$4 on $10k

Price spread, last 7 days−0.080%−$8 · spread now +0.116%, 7d avg +0.057%

Together, before fees−0.036%+ Points / potential airdropStandX: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.059% dearer against QFEX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOLD-USD	4,328.5	0.0044	pay 0.0005% / 1h	1m 58s	$5.4M	$2.1M	20x
Short	StandX XAU-USD	4,333.5	0.0040	get 0.0005% / 1h	1m 58s	$3.8M	$4.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.116%Rate

Funding earned: −$0.81
Price spread: +0.116% → +0.057%: $5.88
Slippage, 4 orders: −$11.38
Fee QFEX: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$24.31
Costs to cover: 0.294%
Break-even: never at this rate

Slippage from QFEX: live order book, 7 min ago; StandX: 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	2.88 bp	7.9 bp −$8	7.9 bp −$79	9.6 bp −$961	doesn't fit
Sell StandX live order book, 2 min ago	0.12 bp	9.5 bp −$9	10.0 bp −$100	10.3 bp −$1,030	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
Bybit XAUUSDT	0.0000%	4h	4,329.9	+0.033%	$78.2M	$156.6M	150x	as long as short
SunX XAU-USDT	0.0000%	4h	4,332.6	+0.094%	$92K	$8.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,325.4	−0.072%	$271K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,325.3	−0.075%	$13.1M	$36.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.506%	$619	$54	52x	as long as short
StandX XAU-USDshort	+0.0040%	1h	4,333.5	+0.116%	$3.8M	$4.5M	40x
QFEX GOLD-USDlong	+0.0044%	1h	4,328.5	long leg	$5.4M	$2.1M	20x
Vest GC-PERP	+0.0046%	1h	4,362.1	+0.776%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,328.1	−0.009%	$20.4M	$31.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,325.6	−0.067%	$291.7M	$51.6M	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	4,325.4	−0.072%	$15.0M	$56.4M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,330.4	+0.043%	$3.8M	$12.5M	25x	as long as short
Gate XAU_USDT	+0.0060%	4h	4,330.7	+0.050%	$269.7M	$420.4M	100x	as long as short
Hotstuff GOLD-PERP	+0.0064%	1h	4,328.8	+0.007%	$32K	—	25x	as long as short
Kalshi KXGOLDPERP	+0.0065%	24h	4,329.8	+0.030%	$4.0M	$42.3M	15x	as long as short
Paradex XAU-USD-PERP	+0.0069%	8h	4,329.4	+0.020%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0072%	1h	4,330.3	+0.042%	$19.8M	$39.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,325.1	−0.079%	$2.0M	$4.8M	25x	as long as short
Aster XAUUSD1	+0.0088%	4h	4,329.7	+0.027%	$72.3M	$329.6M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0098%	4h	4,336.1	+0.175%	$1.4M	$3.0M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,325.9	−0.061%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,330.6	+0.049%	$273K	$208K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,322.8	−0.131%	$25K	$14K	20x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,327.5	−0.023%	$413.7M	$2.12B	100x	as long as short
Variational Omni XAU	+0.0101%	4h	4,334.6	+0.141%	$46.8M	$28.7M	—	as long as short
MEXC XAU_USDT	+0.0102%	4h	4,328.4	−0.001%	$364.3M	$331.7M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,328.3	−0.005%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,330.1	+0.038%	$30.1M	$60.5M	50x	as long as short
Phoenix GOLD	+0.0127%	1h	4,332.8	+0.099%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0157%	1h	4,329	+0.011%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0173%	1h	4,328.9	+0.009%	$4.2M	$2.0M	20x	as long as short
HTX XAU-USDT	+0.0200%	4h	4,331.9	+0.079%	$2.8M	$5.0M	75x	as long as short
Bitget XAUUSDT	+0.0240%	4h	4,328.8	+0.006%	$68.0M	$118.9M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0248%	1h	4,325.9	−0.060%	$589K	$130K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0282%	1h	4,328.1	−0.009%	$195K	$826K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0322%	8h	4,329.5	+0.023%	$170.5M	$297.2M	100x	as long as short
BloFin XAU-USDT	+0.0363%	4h	4,328.9	+0.009%	$16.0M	$4.5M	100x	as long as short
Phemex XAUUSDT	+0.0393%	4h	4,331.6	+0.071%	$2.2M	$962K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0306%	1h	4,328.8	+0.008%	$253K	—	111x	as long as short