XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h +0.026%

Price spread now: Bybit against SunX−0.066%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$680.683% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.066%, 7d avg −0.078%

Together, before fees+0.109%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAU-USDT	4,338.1	0	get 0.0000% / 4h	1h 29m	$92K	$5.8M	20x
Short	Bybit XAUUSDT	4,335.2	0.0126	get 0.0063% / 4h	1h 29m	$82.8M	$169.6M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.066%Rate

Funding earned: $26.53
Price spread: −0.066% → −0.078%: $1.26
Slippage, 4 orders: −$49.25
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$40.47
Costs to cover: 0.683%
Break-even: 17.7 days

Slippage from SunX: live order book, 12 min ago; Bybit: live order book, 2 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, 12 min ago	23.57 bp	27.6 bp −$28	40.5 bp −$405	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.01 bp	5.5 bp −$6	6.2 bp −$62	10.6 bp −$1,058	33.2 bp −$16.6K

XAU on 39 exchanges

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	−3.2000%	1h	4,318.3	−0.456%	$32K	—	25x	as long as short
SunX XAU-USDTlong	0.0000%	4h	4,338.1	long leg	$92K	$5.8M	20x
Coinbase International GOLD-PERP-INTX	0.0000%	1h	4,330	−0.186%	$2.1M	$5.0M	25x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,330.1	−0.185%	$304K	—	250x	as long as short
Bluefin GOLD-PERP	+0.0028%	1h	4,328.1	−0.231%	$25K	$1K	20x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.284%	$619	$54	52x	as long as short
Aster XAUUSD1	+0.0037%	4h	4,335	−0.071%	$72.2M	$276.1M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,335.2	−0.067%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,331.8	−0.145%	$6.7M	$3.2M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,367.6	+0.680%	—	$1.0M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,330.9	−0.166%	$292.4M	$51.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,329	−0.210%	$15.1M	$59.5M	25x	as long as short
Paradex XAU-USD-PERP	+0.0053%	8h	4,332.8	−0.122%	$2K	$13K	5x	as long as short
Variational Omni XAU	+0.0064%	4h	4,333.5	−0.106%	$47.3M	$28.7M	—	as long as short
Gate XAU_USDT	+0.0078%	4h	4,335.7	−0.056%	$298.6M	$447.3M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0078%	4h	4,333.9	−0.096%	$1.4M	$3.1M	25x	as long as short
Lighter XAU	+0.0080%	1h	4,333.4	−0.109%	$20.1M	$30.4M	25x	as long as short
MEXC XAU_USDT	+0.0080%	4h	4,334.1	−0.093%	$367.5M	$355.1M	1000x	as long as short
Binance XAUUSDT	+0.0081%	4h	4,334	−0.095%	$441.4M	$2.43B	100x	as long as short
Lighter RH XAU	+0.0096%	1h	4,335.8	−0.052%	$19.7M	$40.0M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0096%	1h	4,333	−0.117%	$135K	$707K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,330.5	−0.174%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,332.2	−0.137%	$287K	$227K	50x	as long as short
edgeX XAUUSDC	+0.0100%	4h	4,329.9	−0.189%	$30.3M	$66.9M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,333.1	−0.116%	$160K	$87	10x	as long as short
Polymarket Perps GOLD-USD	+0.0112%	1h	4,334.4	−0.085%	$4.3M	$1.7M	20x	as long as short
Bybit XAUUSDTshort	+0.0126%	4h	4,335.2	−0.066%	$82.8M	$169.6M	150x
Phoenix GOLD	+0.0127%	1h	4,331	−0.163%	$43K	$71K	25x	as long as short
Extended XAU-USD	+0.0136%	1h	4,330.5	−0.175%	$12.5M	$34.5M	25x	as long as short
Kalshi KXGOLDPERP	+0.0139%	24h	4,335.4	−0.062%	$3.5M	$51.2M	15x	as long as short
Bullet GOLD-USD	+0.0158%	1h	4,334.4	−0.085%	$59K	$76K	10x	as long as short
Bitget XAUUSDT	+0.0200%	4h	4,334.4	−0.085%	$72.9M	$139.7M	100x	as long as short
RISEx XAU/USDC	+0.0205%	1h	4,334.3	−0.087%	$4.7M	$13.2M	25x	as long as short
Phemex XAUUSDT	+0.0214%	4h	4,336.5	−0.036%	$2.3M	$777K	100x	as long as short
OKX XAU-USDT-SWAP	+0.0233%	8h	4,335.2	−0.067%	$170.7M	$361.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0253%	1h	4,331.4	−0.154%	$583K	$167K	25x	as long as short
BloFin XAU-USDT	+0.0322%	4h	4,334.6	−0.080%	$16.4M	$5.3M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0461% / S −0.0308%	1h	4,334.4	−0.085%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.1049%	4h	4,341.1	+0.070%	$3.2M	$7.1M	75x	as long as short