XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.060%

Price spread now: Kraken Futures against StandX−0.133%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$300.304% of the position

Long on StandX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.244%+$24 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.133%, 7d avg −0.079%

Together, before fees+0.321%+ Points / potential airdropStandX: Active · farm board+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.054% cheaper against StandX than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.079%). If the spread goes back, that is −$5 on $10k: about 47 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAU-USD	4,310	0.0136	pay 0.0017% / 1h	5m 05s	$3.8M	$4.5M	40x
Short	Kraken Futures PF_XAUUSD	4,304.3	0.0229	get 0.0029% / 1h	5m 05s	$573K	$138K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.133%Rate

Funding earned: $19.39
Price spread: −0.133% → −0.079%: −$5.39
Slippage, 4 orders: −$12.37
Fee StandX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$16.37
Costs to cover: 0.304%
Break-even: 12.9 days

Slippage from StandX: live order book, 4 min ago; Kraken Futures: live order book, 33 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, 4 min ago	0.12 bp	4.1 bp −$4	4.8 bp −$48	9.2 bp −$920	12.0 bp −$5,978
Sell Kraken Futures live order book, 33 min ago	2.53 bp	8.3 bp −$8	17.4 bp −$174	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
SunX XAU-USDT	0.0000%	4h	4,311	+0.024%	$92K	$7.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,302.9	−0.164%	$268K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.938%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,305.2	−0.111%	$6.3M	$3.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,338.9	+0.671%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,303.4	−0.153%	$289.7M	$52.9M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,303.5	−0.152%	$15.0M	$55.3M	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,302.6	−0.172%	$32K	—	25x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,307.2	−0.065%	$72.8M	$272.0M	20x	as long as short
Paradex XAU-USD-PERP	+0.0062%	8h	4,305.5	−0.104%	$2K	$14K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0071%	4h	4,306.7	−0.076%	$77.2M	$155.5M	150x	as long as short
Lighter XAU	+0.0072%	1h	4,305.6	−0.101%	$20.2M	$30.2M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,301.8	−0.190%	$2.0M	$5.1M	25x	as long as short
Bluefin GOLD-PERP	+0.0076%	1h	4,302.3	−0.179%	$25K	$1K	20x	as long as short
Phoenix GOLD	+0.0096%	1h	4,305.5	−0.104%	$42K	$79K	25x	as long as short
Kalshi KXGOLDPERP	+0.0100%	24h	4,308	−0.046%	$3.7M	$45.4M	15x	as long as short
Pacifica XAU	+0.0100%	1h	4,303.3	−0.155%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,304	−0.140%	$269K	$214K	50x	as long as short
Variational Omni XAU	+0.0101%	4h	4,306.5	−0.080%	$46.7M	$29.3M	—	as long as short
Lighter RH XAU	+0.0104%	1h	4,308.1	−0.044%	$19.9M	$40.3M	25x	as long as short
Extended XAU-USD	+0.0104%	1h	4,303	−0.162%	$13.2M	$36.6M	25x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,306.7	−0.077%	$366.2M	$341.8M	1000x	as long as short
Binance XAUUSDT	+0.0111%	4h	4,306.1	−0.091%	$428.9M	$2.16B	100x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,306.5	−0.081%	$159K	$87	10x	as long as short
GRVT XAU_USDT_Perp	+0.0114%	4h	4,308	−0.047%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0116%	4h	4,308.6	−0.034%	$286.2M	$431.4M	100x	as long as short
edgeX XAUUSDC	+0.0130%	4h	4,304.2	−0.135%	$29.9M	$60.3M	50x	as long as short
StandX XAU-USDlong	+0.0136%	1h	4,310	long leg	$3.8M	$4.5M	40x
Bitget XAUUSDT	+0.0190%	4h	4,306.5	−0.081%	$70.4M	$121.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0191%	1h	4,305.8	−0.097%	$136K	$865K	25x	as long as short
Bullet GOLD-USD	+0.0199%	1h	4,307.2	−0.065%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0222%	1h	4,307.2	−0.065%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSDshort	+0.0229%	1h	4,304.3	−0.133%	$573K	$138K	25x
OKX XAU-USDT-SWAP	+0.0261%	8h	4,306	−0.093%	$174.3M	$307.4M	100x	as long as short
BloFin XAU-USDT	+0.0369%	4h	4,306.5	−0.082%	$16.6M	$5.0M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0464% / S −0.0311%	1h	4,306.7	−0.077%	$253K	—	111x	as long as short
Phemex XAUUSDT	+0.0497%	4h	4,311	+0.024%	$2.2M	$951K	100x	as long as short
HTX XAU-USDT	+0.0544%	4h	4,313.3	+0.077%	$3.2M	$6.1M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,306.7	−0.077%	$4.5M	$13.1M	25x	as long as short