XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.018%

Price spread now: Gate against Aster+0.001%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.093%−$9 on $10k

Price spread, last 7 days+0.042%+$4 · spread now +0.001%, 7d avg +0.025%

Together, before fees−0.051%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.024% cheaper against Aster than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.025%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAUUSD1	4,348.7	0.0062	pay 0.0031% / 4h	39m 52s	$71.0M	$333.7M	20x
Short	Gate XAU_USDT	4,348.8	0.0014	get 0.0007% / 4h	39m 52s	$268.1M	$410.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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 AsterbpFee GatebpOrdersPrice spread, now +0.001%Rate

Funding earned: −$10.16
Price spread: +0.001% → +0.025%: −$2.4
Slippage, 4 orders: −$0.05
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.61
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Gate: live order book, 4 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 Aster live order book, 4 min ago	0.01 bp	4.0 bp −$4	4.4 bp −$44	16.8 bp −$1,677	doesn't fit
Sell Gate live order book, 4 min ago	0.01 bp	7.5 bp −$8	8.4 bp −$84	12.7 bp −$1,269	14.3 bp −$7,129

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	4,348.7	−0.002%	$3.4M	$12.3M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,352.3	+0.082%	$92K	$9.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,343.9	−0.110%	$271K	—	250x	as long as short
Gate XAU_USDTshort	+0.0014%	4h	4,348.8	+0.001%	$268.1M	$410.7M	100x
Lighter XAU	+0.0032%	1h	4,346.8	−0.046%	$20.8M	$37.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344.1	−0.108%	$13.3M	$38.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.039%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,348.7	−0.001%	$20.1M	$39.2M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,350.1	+0.031%	$3.8M	$4.6M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,348.1	−0.015%	$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	−0.052%	$4.2M	$37.1M	15x	as long as short
Vest GC-PERP	+0.0046%	1h	4,381.6	+0.756%	—	$1.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,345.7	−0.070%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,345	−0.086%	$293.8M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,345.2	−0.081%	$15.1M	$56.7M	25x	as long as short
Aster XAUUSD1long	+0.0062%	4h	4,348.7	long leg	$71.0M	$333.7M	20x
Variational Omni XAU	+0.0079%	4h	4,348.9	+0.004%	$48.4M	$27.7M	—	as long as short
Hotstuff GOLD-PERP	+0.0080%	1h	4,345.8	−0.068%	$33K	—	25x	as long as short
GRVT XAU_USDT_Perp	+0.0084%	4h	4,348.8	+0.001%	$1.4M	$3.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0086%	8h	4,348.7	−0.001%	$19K	$5K	5x	as long as short
MEXC XAU_USDT	+0.0092%	4h	4,348.1	−0.014%	$372.1M	$317.0M	1000x	as long as short
Binance XAUUSDT	+0.0093%	4h	4,348.1	−0.015%	$414.3M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,346.3	−0.056%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,345.3	−0.079%	$275K	$203K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,347.3	−0.033%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0105%	4h	4,345	−0.086%	$30.2M	$58.2M	50x	as long as short
Phoenix GOLD	+0.0142%	1h	4,346.8	−0.045%	$47K	$77K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0159%	1h	4,347.8	−0.022%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,345.4	−0.078%	$593K	$133K	25x	as long as short
Phemex XAUUSDT	+0.0203%	4h	4,350.7	+0.045%	$2.2M	$967K	100x	as long as short
Bullet GOLD-USD	+0.0210%	1h	4,348.6	−0.002%	$60K	$82K	10x	as long as short
Bitget XAUUSDT	+0.0232%	4h	4,348.4	−0.009%	$70.0M	$109.2M	100x	as long as short
Bybit XAUUSDT	+0.0236%	4h	4,349.4	+0.016%	$85.0M	$144.9M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0279%	1h	4,346.5	−0.052%	$243K	$788K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0282%	8h	4,349.7	+0.022%	$165.6M	$281.7M	100x	as long as short
BloFin XAU-USDT	+0.0341%	4h	4,349.6	+0.019%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0413% / S −0.0229%	1h	4,348.2	−0.012%	$248K	—	111x	as long as short
Bluefin GOLD-PERP	+0.0625%	1h	4,342.6	−0.142%	$25K	$14K	20x	as long as short
HTX XAU-USDT	+0.0629%	4h	4,353.5	+0.110%	$2.9M	$4.3M	75x	as long as short