XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.019%

Price spread now: gTrade (Gains Network) against StandX−0.087%7-day average −0.119% · 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−$278as in the Price arb table

costs, in and out, $10k−$2812.814% of the position

Long on StandX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.052%−$5 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.087%, 7d avg −0.119%

Together, before fees−0.006%+ Points / potential airdropStandX: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.032% dearer against StandX than usual: you sell high and buy low (spread −0.087% now, against its 7-day average of −0.119%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAU-USD	4,349.3	0.0040	pay 0.0005% / 1h	38m 23s	$3.8M	$4.6M	40x
Short	gTrade (Gains Network) XAU/USD	4,345.5	L +0.0002% / S −0.0003%	get 0.0000% / 1h	38m 23s	$271K	—	250x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against StandX. 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 StandXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.087%Rate

Funding earned: −$7.76
Price spread: −0.087% → −0.119%: $3.23
Slippage, 4 orders: −$266.42
Fee StandX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Net: −$285.95
Costs to cover: 2.814%
Break-even: never at this rate

Slippage from StandX: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 51 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 StandX live order book, 1 min ago	2.87 bp	7.3 bp −$7	7.8 bp −$78	10.5 bp −$1,054	11.9 bp −$5,967
Sell gTrade (Gains Network) virtual book (oracle venue), 51 min ago	130.01 bp	133.5 bp −$134	243.0 bp −$2,430	1975.4 bp −$197.5K	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
RISEx XAU/USDC	0.0000%	1h	4,348.8	−0.012%	$3.4M	$12.3M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,353.4	+0.095%	$93K	$9.0M	20x	as long as short
gTrade (Gains Network) XAU/USDshort	L +0.0002% / S −0.0003%	1h	4,345.5	−0.087%	$271K	—	250x
Gate XAU_USDT	+0.0012%	4h	4,350.1	+0.018%	$267.9M	$411.0M	100x	as long as short
Lighter XAU	+0.0032%	1h	4,347.7	−0.036%	$20.8M	$37.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,345.5	−0.088%	$13.3M	$38.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.026%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,349.8	+0.011%	$20.1M	$39.2M	25x	as long as short
StandX XAU-USDlong	+0.0040%	1h	4,349.3	long leg	$3.8M	$4.6M	40x
QFEX GOLD-USD	+0.0041%	1h	4,348.4	−0.021%	$5.7M	$2.0M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXGOLDPERP	+0.0044%	24h	4,346.5	−0.064%	$4.2M	$37.1M	15x	as long as short
Vest GC-PERP	+0.0046%	1h	4,382.2	+0.756%	—	$1.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,345.7	−0.083%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,345.8	−0.080%	$293.9M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,345.5	−0.087%	$15.1M	$56.8M	25x	as long as short
Aster XAUUSD1	+0.0065%	4h	4,349.7	+0.010%	$71.0M	$333.7M	20x	as long as short
Variational Omni XAU	+0.0079%	4h	4,348.9	−0.009%	$48.4M	$27.7M	—	as long as short
GRVT XAU_USDT_Perp	+0.0086%	4h	4,349.1	−0.004%	$1.4M	$3.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0086%	8h	4,348.8	−0.011%	$19K	$5K	5x	as long as short
MEXC XAU_USDT	+0.0092%	4h	4,349.3	0.000%	$372.2M	$317.1M	1000x	as long as short
Binance XAUUSDT	+0.0095%	4h	4,349.4	+0.002%	$414.4M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,345.3	−0.091%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,345.6	−0.086%	$275K	$203K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,348.5	−0.019%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0105%	4h	4,345	−0.099%	$30.2M	$58.2M	50x	as long as short
Phoenix GOLD	+0.0142%	1h	4,346.8	−0.057%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0144%	1h	4,345.7	−0.083%	$33K	—	25x	as long as short
Polymarket Perps GOLD-USD	+0.0156%	1h	4,348.8	−0.011%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,346.1	−0.074%	$593K	$133K	25x	as long as short
Bullet GOLD-USD	+0.0207%	1h	4,349.4	+0.002%	$59K	$82K	10x	as long as short
Phemex XAUUSDT	+0.0209%	4h	4,351.5	+0.050%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,348	−0.030%	$243K	$788K	25x	as long as short
Bitget XAUUSDT	+0.0234%	4h	4,349.6	+0.007%	$70.0M	$109.1M	100x	as long as short
Bybit XAUUSDT	+0.0238%	4h	4,350.5	+0.027%	$85.1M	$144.8M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0283%	8h	4,350.4	+0.025%	$165.6M	$281.8M	100x	as long as short
BloFin XAU-USDT	+0.0343%	4h	4,348.5	−0.018%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0413% / S −0.0229%	1h	4,349.4	+0.002%	$248K	—	111x	as long as short
Bluefin GOLD-PERP	+0.0475%	1h	4,342.6	−0.155%	$25K	$14K	20x	as long as short
HTX XAU-USDT	+0.0629%	4h	4,353.6	+0.098%	$2.9M	$4.3M	75x	as long as short