XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.033%

Price spread now: tradeXYZ against RISEx−0.135%7-day average −0.089% · 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−$29as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on RISEx Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.044%−$4 on $10k

Price spread, last 7 days+0.088%+$9 · spread now −0.135%, 7d avg −0.089%

Together, before fees+0.044%+ Points / potential airdroptradeXYZ: Active · farm board+$4 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 tradeXYZ is 0.046% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.089%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAU/USDC	4,362.9	0.0135	pay 0.0017% / 1h	58m 57s	$3.4M	$12.4M	25x
Short	tradeXYZ xyz:GOLD	4,357	0.0050	get 0.0006% / 1h	58m 57s	$294.0M	$51.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$17.88
Price spread: −0.135% → −0.089%: −$4.6
Slippage, 4 orders: −$0.78
Fee RISEx: 3 bp × 2 orders: −$6
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$47.26
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; tradeXYZ: live order book, 11 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, 5 min ago	0.01 bp	3.5 bp −$4	4.1 bp −$41	30.7 bp −$3,075	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.12 bp	9.1 bp −$9	9.5 bp −$95	10.9 bp −$1,092	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	−0.0167%	1h	4,355.4	−0.171%	$26K	$22K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,362.1	−0.018%	$69.8M	$242.7M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,361.3	−0.037%	$264.7M	$400.2M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,360	−0.066%	$4.0M	$36.4M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,365.4	+0.057%	$93K	$10.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,357.4	−0.126%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,358.3	−0.105%	$13.5M	$43.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.286%	$619	$54	52x	as long as short
Variational Omni XAU	+0.0040%	4h	4,362	−0.021%	$48.4M	$28.5M	—	as long as short
StandX XAU-USD	+0.0040%	1h	4,363	+0.003%	$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
QFEX GOLD-USD	+0.0045%	1h	4,362.7	−0.004%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,396.2	+0.764%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,359.9	−0.068%	$33K	—	25x	as long as short
tradeXYZ xyz:GOLDshort	+0.0050%	1h	4,357	−0.135%	$294.0M	$51.8M	25x
Polymarket Perps GOLD-USD	+0.0050%	1h	4,361	−0.043%	$4.3M	$1.8M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,358.8	−0.093%	$14.8M	$57.3M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,359.6	−0.075%	$48K	$64K	25x	as long as short
MEXC XAU_USDT	+0.0058%	4h	4,362.6	−0.006%	$372.4M	$318.3M	1000x	as long as short
Binance XAUUSDT	+0.0060%	4h	4,362.4	−0.011%	$411.6M	$2.13B	100x	as long as short
edgeX XAUUSDC	+0.0063%	4h	4,356.5	−0.145%	$30.3M	$60.4M	50x	as long as short
Lighter RH XAU	+0.0064%	1h	4,361.6	−0.029%	$20.2M	$40.5M	25x	as long as short
Lighter XAU	+0.0072%	1h	4,359.9	−0.069%	$20.6M	$43.2M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,358.6	−0.098%	$2.0M	$5.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0088%	8h	4,363.3	+0.011%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,360.8	−0.047%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,360.1	−0.064%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,359.2	−0.086%	$275K	$204K	50x	as long as short
Bitget XAUUSDT	+0.0112%	4h	4,362.7	−0.005%	$69.5M	$111.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0117%	1h	4,359.8	−0.071%	$235K	$659K	25x	as long as short
RISEx XAU/USDClong	+0.0135%	1h	4,362.9	long leg	$3.4M	$12.4M	25x
GRVT XAU_USDT_Perp	+0.0152%	4h	4,362.3	−0.014%	$1.4M	$3.1M	25x	as long as short
Bullet GOLD-USD	+0.0155%	1h	4,362.6	−0.007%	$59K	$82K	10x	as long as short
Bybit XAUUSDT	+0.0195%	4h	4,363.8	+0.020%	$83.6M	$144.7M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0216%	8h	4,363.8	+0.021%	$164.2M	$286.8M	100x	as long as short
BloFin XAU-USDT	+0.0241%	4h	4,362.7	−0.003%	$15.4M	$4.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,358.7	−0.095%	$594K	$141K	25x	as long as short
Phemex XAUUSDT	+0.0291%	4h	4,364.2	+0.029%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,361.5	−0.032%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0558%	4h	4,368	+0.117%	$2.9M	$3.9M	75x	as long as short