XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%

Price spread now: QFEX against StandX−0.037%7-day average −0.057% · 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−$27as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on StandX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.043%−$4 on $10k

Price spread, last 7 days−0.012%−$1 · spread now −0.037%, 7d avg −0.057%

Together, before fees−0.055%+ Points / potential airdropStandX: Active · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.020% dearer against StandX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAU-USD	4,323.2	0.0040	pay 0.0005% / 1h	51m 01s	$3.8M	$4.5M	40x
Short	QFEX GOLD-USD	4,321.6	0.0045	get 0.0006% / 1h	51m 01s	$5.4M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0.96
Price spread: −0.037% → −0.057%: $2.04
Slippage, 4 orders: −$10.69
Fee StandX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$25.69
Costs to cover: 0.287%
Break-even: 194.8 days

Slippage from StandX: live order book, 3 min ago; QFEX: live order book, 8 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, 3 min ago	0.12 bp	4.1 bp −$4	4.8 bp −$48	9.0 bp −$896	11.2 bp −$5,623
Sell QFEX live order book, 8 min ago	2.43 bp	7.4 bp −$7	7.4 bp −$74	9.4 bp −$939	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
Hotstuff GOLD-PERP	−0.0040%	1h	4,316.6	−0.153%	$32K	—	25x	as long as short
Bluefin GOLD-PERP	−0.0026%	1h	4,315	−0.189%	$25K	$1K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,326.4	+0.074%	$92K	$7.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,317.8	−0.126%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0027%	4h	4,322.8	−0.008%	$76.9M	$153.2M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.630%	$619	$54	52x	as long as short
StandX XAU-USDlong	+0.0040%	1h	4,323.2	long leg	$3.8M	$4.5M	40x
QFEX GOLD-USDshort	+0.0045%	1h	4,321.6	−0.037%	$5.4M	$2.0M	20x
Vest GC-PERP	+0.0046%	1h	4,354.1	+0.715%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,318	−0.120%	$291.5M	$51.6M	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	4,317.8	−0.124%	$15.0M	$55.6M	25x	as long as short
Aster XAUUSD1	+0.0059%	4h	4,323.6	+0.009%	$72.7M	$272.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0071%	8h	4,321.5	−0.038%	$2K	$14K	5x	as long as short
Lighter XAU	+0.0072%	1h	4,320.8	−0.055%	$20.3M	$28.9M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,317.8	−0.125%	$2.1M	$4.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0087%	24h	4,323.3	+0.002%	$3.8M	$44.4M	15x	as long as short
Variational Omni XAU	+0.0094%	4h	4,323.8	+0.013%	$47.3M	$29.1M	—	as long as short
Phoenix GOLD	+0.0096%	1h	4,320.8	−0.056%	$47K	$79K	25x	as long as short
Gate XAU_USDT	+0.0098%	4h	4,323.4	+0.005%	$279.5M	$410.1M	100x	as long as short
MEXC XAU_USDT	+0.0098%	4h	4,321.8	−0.032%	$364.1M	$324.9M	1000x	as long as short
Binance XAUUSDT	+0.0099%	4h	4,321.8	−0.031%	$425.3M	$2.14B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,318.3	−0.113%	$1.4M	$1.2M	10x	as long as short
GRVT XAU_USDT_Perp	+0.0100%	4h	4,323.9	+0.017%	$1.4M	$3.0M	25x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,316.9	−0.146%	$272K	$208K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,317.9	−0.124%	$30.0M	$59.5M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,321	−0.050%	$160K	$87	10x	as long as short
Lighter RH XAU	+0.0136%	1h	4,323.6	+0.009%	$20.0M	$38.7M	25x	as long as short
Extended XAU-USD	+0.0160%	1h	4,317.9	−0.122%	$13.1M	$36.8M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0167%	1h	4,320.5	−0.062%	$163K	$864K	25x	as long as short
Bitget XAUUSDT	+0.0202%	4h	4,322	−0.028%	$70.1M	$118.9M	100x	as long as short
Bullet GOLD-USD	+0.0208%	1h	4,322.1	−0.025%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0222%	1h	4,322	−0.028%	$4.3M	$2.0M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,319.4	−0.088%	$577K	$136K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0289%	8h	4,322.1	−0.025%	$173.4M	$300.2M	100x	as long as short
BloFin XAU-USDT	+0.0339%	4h	4,322.3	−0.020%	$16.4M	$4.6M	100x	as long as short
HTX XAU-USDT	+0.0364%	4h	4,327.2	+0.093%	$3.2M	$5.8M	75x	as long as short
Phemex XAUUSDT	+0.0384%	4h	4,325.8	+0.060%	$2.2M	$975K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,321.5	−0.039%	$252K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,323.1	−0.002%	$4.5M	$13.2M	25x	as long as short