XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.46 per $10,000 · paid last 24h +0.043%

Price spread now: Binance against SunX−0.115%46s7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$670.675% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.185%+$19 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.115%, 7d avg −0.097%

Together, before fees+0.204%+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAU-USDT	4,354.2	0	get 0.0000% / 4h	42m 37s	$93K	$9.0M	20x
Short	Binance XAUUSDT	4,349.2	0.0093	get 0.0046% / 4h	42m 37s	$414.5M	$2.09B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now −0.115%Rate

Funding earned: $19.48
Price spread: −0.115% → −0.097%: −$1.84
Slippage, 4 orders: −$49.49
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$49.85
Costs to cover: 0.675%
Break-even: 24.9 days

Slippage from SunX: live order book, 6 min ago; Binance: live order book, 16 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 SunX live order book, 6 min ago	23.60 bp	27.6 bp −$28	40.5 bp −$405	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	6.2 bp −$621	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	4,349.1	−0.119%	$3.4M	$12.3M	25x	as long as short
SunX XAU-USDTlong	0.0000%	4h	4,354.2	long leg	$93K	$9.0M	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,346.3	−0.183%	$271K	—	250x	as long as short
Gate XAU_USDT	+0.0016%	4h	4,350.5	−0.085%	$268.8M	$410.3M	100x	as long as short
Lighter XAU	+0.0032%	1h	4,348.7	−0.128%	$20.8M	$37.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,345.8	−0.193%	$13.3M	$38.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.088%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,349.2	−0.116%	$3.8M	$4.6M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,349.5	−0.109%	$5.7M	$2.0M	20x	as long as short
Kalshi KXGOLDPERP	+0.0044%	24h	4,348.1	−0.141%	$4.2M	$37.1M	15x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,382.9	+0.658%	—	$1.1M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,350.6	−0.084%	$20.1M	$39.2M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,342.7	−0.265%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,346.7	−0.173%	$293.9M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,346.3	−0.183%	$15.1M	$56.7M	25x	as long as short
Aster XAUUSD1	+0.0060%	4h	4,350	−0.098%	$71.0M	$333.7M	20x	as long as short
Variational Omni XAU	+0.0077%	4h	4,347.1	−0.164%	$48.4M	$27.7M	—	as long as short
GRVT XAU_USDT_Perp	+0.0084%	4h	4,348.8	−0.125%	$1.4M	$3.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0087%	8h	4,349.6	−0.106%	$19K	$5K	5x	as long as short
MEXC XAU_USDT	+0.0092%	4h	4,350	−0.098%	$371.4M	$316.8M	1000x	as long as short
Binance XAUUSDTshort	+0.0093%	4h	4,349.2	−0.115%	$414.5M	$2.09B	100x
Pacifica XAU	+0.0100%	1h	4,346.5	−0.178%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,345.3	−0.205%	$275K	$203K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,341.5	−0.291%	$30.2M	$58.5M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,349.5	−0.109%	$161K	$87	10x	as long as short
Hotstuff GOLD-PERP	+0.0128%	1h	4,346.7	−0.173%	$33K	—	25x	as long as short
Phoenix GOLD	+0.0142%	1h	4,346.7	−0.173%	$47K	$77K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0163%	1h	4,349.6	−0.106%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,347	−0.165%	$593K	$133K	25x	as long as short
Phemex XAUUSDT	+0.0196%	4h	4,350.2	−0.093%	$2.2M	$967K	100x	as long as short
Bullet GOLD-USD	+0.0214%	1h	4,350.2	−0.094%	$60K	$82K	10x	as long as short
Bitget XAUUSDT	+0.0232%	4h	4,350.1	−0.096%	$70.0M	$109.2M	100x	as long as short
Bybit XAUUSDT	+0.0234%	4h	4,350.5	−0.085%	$85.0M	$144.9M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0280%	8h	4,350.7	−0.081%	$165.5M	$281.8M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0302%	1h	4,349.1	−0.118%	$244K	$787K	25x	as long as short
BloFin XAU-USDT	+0.0338%	4h	4,350.2	−0.094%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0412% / S −0.0228%	1h	4,350.2	−0.094%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0628%	4h	4,354.5	+0.006%	$2.9M	$4.3M	75x	as long as short
Bluefin GOLD-PERP	+0.0949%	1h	4,342.7	−0.264%	$25K	$14K	20x	as long as short