XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h −0.004%

Price spread now: Coinbase International against RISEx−0.140%7-day average −0.110% · 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−$24as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.397%+$40 on $10k

Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.140%, 7d avg −0.110%

Together, before fees+0.452%+$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.030% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.110%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.397%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAU/USDC	4,325.2	0.0184	pay 0.0023% / 1h	17m 40s	$4.1M	$12.8M	25x
Short	Coinbase International GOLD-PERP-INTX	4,319.1	0.0072	get 0.0009% / 1h	17m 40s	$2.1M	$4.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. 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 RISExbpFee Coinbase InternationalbpOrdersPrice spread, now −0.140%Rate

Funding earned: −$23.58
Price spread: −0.140% → −0.110%: −$3.01
Slippage, 4 orders: −$5.09
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$47.69
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; Coinbase International: live order book, 1 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 RISEx live order book, 1 min ago	1.02 bp	5.0 bp −$5	6.6 bp −$66	37.7 bp −$3,773	doesn't fit
Sell Coinbase International live order book, 1 min ago	0.12 bp	5.1 bp −$5	7.0 bp −$70	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
Bluefin GOLD-PERP	−0.0062%	1h	4,316.5	−0.200%	$25K	$1K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,327.1	+0.045%	$92K	$7.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319.8	−0.125%	$270K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,319.3	−0.135%	$32K	—	25x	as long as short
Bybit XAUUSDT	+0.0022%	4h	4,325.6	+0.009%	$77.3M	$154.4M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.584%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.4	−0.040%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,322	−0.073%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,355.1	+0.692%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,320.2	−0.114%	$291.6M	$51.3M	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	4,320	−0.120%	$15.0M	$55.5M	25x	as long as short
Aster XAUUSD1	+0.0065%	4h	4,326.4	+0.030%	$72.5M	$274.4M	20x	as long as short
Lighter XAU	+0.0072%	1h	4,323.8	−0.031%	$20.3M	$30.7M	25x	as long as short
Coinbase International GOLD-PERP-INTXshort	+0.0072%	1h	4,319.1	−0.140%	$2.1M	$4.9M	25x
Paradex XAU-USD-PERP	+0.0077%	8h	4,324.1	−0.025%	$2K	$14K	5x	as long as short
Kalshi KXGOLDPERP	+0.0079%	24h	4,324	−0.027%	$3.8M	$43.9M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0086%	4h	4,323.2	−0.045%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0093%	4h	4,322.6	−0.059%	$47.3M	$28.8M	—	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.2	−0.138%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320.7	−0.103%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,324.8	−0.009%	$368.0M	$332.2M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.8	−0.124%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,324.8	−0.009%	$423.4M	$2.14B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,322.5	−0.061%	$160K	$87	10x	as long as short
Lighter RH XAU	+0.0112%	1h	4,325.7	+0.012%	$19.9M	$39.1M	25x	as long as short
edgeX XAUUSDC	+0.0116%	4h	4,318.4	−0.157%	$30.0M	$59.7M	50x	as long as short
Gate XAU_USDT	+0.0118%	4h	4,326.1	+0.023%	$282.3M	$421.6M	100x	as long as short
Extended XAU-USD	+0.0120%	1h	4,319.7	−0.125%	$12.9M	$37.0M	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,320.6	−0.105%	$577K	$146K	25x	as long as short
RISEx XAU/USDClong	+0.0184%	1h	4,325.2	long leg	$4.1M	$12.8M	25x
Bullet GOLD-USD	+0.0184%	1h	4,323.4	−0.040%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0214%	1h	4,323.2	−0.045%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0222%	4h	4,324.2	−0.022%	$67.6M	$118.3M	100x	as long as short
HTX XAU-USDT	+0.0268%	4h	4,327.7	+0.058%	$3.0M	$5.4M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0302%	8h	4,325.4	+0.006%	$172.7M	$299.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0306%	1h	4,322.3	−0.066%	$191K	$837K	25x	as long as short
Phemex XAUUSDT	+0.0327%	4h	4,325.6	+0.010%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0339%	4h	4,322.9	−0.052%	$16.2M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0461% / S −0.0307%	1h	4,323.6	−0.035%	$252K	—	111x	as long as short