XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0247%/8h= +27.1% APRnext payment +$0.31 per $10,000 · paid last 24h +0.019%

Price spread now: GMX against RISEx−0.001%7-day average −0.005% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.087%+$9 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.001%, 7d avg −0.005%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAU/USDC	4,344.2	0.0005	pay 0.0001% / 1h	16m 44s	$3.8M	$12.5M	25x
Short	GMX GOLD/USD [ETH-USDC]	4,344.1	L +0.0427% / S −0.0252%	get 0.0032% / 1h	16m 44s	$250K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.001%Rate

Funding earned: $51.93
Price spread: −0.001% → −0.005%: $0.31
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: $34.24
Costs to cover: 0.180%
Break-even: 2.4 days

Slippage unknown: RISEx: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.

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, 2 min ago	0.01 bp	3.2 bp −$3	3.7 bp −$37	30.8 bp −$3,075	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	4,348.1	+0.091%	$92K	$8.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,340.3	−0.090%	$272K	—	250x	as long as short
RISEx XAU/USDClong	+0.0005%	1h	4,344.2	long leg	$3.8M	$12.5M	25x
Bluefin GOLD-PERP	+0.0016%	1h	4,337.7	−0.150%	$25K	$14K	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,340.4	−0.087%	$13.3M	$37.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.144%	$619	$54	52x	as long as short
Bybit XAUUSDT	+0.0034%	4h	4,345.4	+0.028%	$80.0M	$152.2M	150x	as long as short
StandX XAU-USD	+0.0040%	1h	4,344.2	0.000%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,343.6	−0.013%	$5.6M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,376.7	+0.748%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,340.9	−0.076%	$293.6M	$49.2M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,341.5	−0.063%	$15.0M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,341	−0.073%	$4.3M	$37.4M	15x	as long as short
Lighter XAU	+0.0056%	1h	4,343.3	−0.020%	$20.7M	$34.7M	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,340.6	−0.083%	$33K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,339.3	−0.112%	$2.1M	$4.8M	25x	as long as short
Paradex XAU-USD-PERP	+0.0061%	8h	4,344	−0.004%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0072%	1h	4,345.9	+0.039%	$20.2M	$40.1M	25x	as long as short
Gate XAU_USDT	+0.0084%	4h	4,345.6	+0.033%	$268.2M	$418.0M	100x	as long as short
Aster XAUUSD1	+0.0094%	4h	4,345	+0.018%	$71.5M	$331.8M	20x	as long as short
Pacifica XAU	+0.0100%	1h	4,340.5	−0.085%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,341.2	−0.070%	$274K	$203K	50x	as long as short
Variational Omni XAU	+0.0104%	4h	4,343.9	−0.006%	$48.3M	$27.5M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,343.4	−0.019%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,344.4	+0.006%	$371.6M	$320.9M	1000x	as long as short
Binance XAUUSDT	+0.0119%	4h	4,344.4	+0.004%	$418.4M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0129%	4h	4,340.2	−0.092%	$30.2M	$58.2M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,340.5	−0.085%	$47K	$77K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0165%	1h	4,342.7	−0.034%	$205K	$826K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0182%	4h	4,344.6	+0.009%	$1.4M	$2.9M	25x	as long as short
Phemex XAUUSDT	+0.0185%	4h	4,347	+0.064%	$2.2M	$967K	100x	as long as short
Polymarket Perps GOLD-USD	+0.0211%	1h	4,343.8	−0.009%	$4.3M	$2.0M	20x	as long as short
Bullet GOLD-USD	+0.0211%	1h	4,344.1	−0.001%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,340.9	−0.075%	$592K	$132K	25x	as long as short
Bitget XAUUSDT	+0.0268%	4h	4,345	+0.019%	$71.1M	$109.2M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0327%	8h	4,345.4	+0.028%	$167.2M	$282.7M	100x	as long as short
BloFin XAU-USDT	+0.0359%	4h	4,344.2	+0.001%	$15.7M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]short	L +0.0427% / S −0.0252%	1h	4,344.1	−0.001%	$250K	—	111x
HTX XAU-USDT	+0.0528%	4h	4,346.8	+0.060%	$2.8M	$4.6M	75x	as long as short