XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.047%

Price spread now: Gate against Bitget+0.029%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.180%−$18 on $10k

Price spread, last 7 days+0.017%+$2 · spread now +0.029%, 7d avg +0.022%

Together, before fees−0.163%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,360	0.0178	pay 0.0089% / 4h	2h 19m	$69.5M	$109.7M	100x
Short	Gate XAU_USDT	4,361.3	0	get 0.0000% / 4h	2h 19m	$263.5M	$412.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.029%Rate

Funding earned: −$37.38
Price spread: +0.029% → +0.022%: $0.73
Slippage, 4 orders: −$0.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$64.22
Costs to cover: 0.276%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 5 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 Bitget live order book, 5 min ago	0.01 bp	6.5 bp −$7	8.0 bp −$80	12.0 bp −$1,196	doesn't fit
Sell Gate live order book, 5 min ago	0.01 bp	7.5 bp −$8	9.2 bp −$92	13.0 bp −$1,299	14.3 bp −$7,166

XAU on 38 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
Gate XAU_USDTshort	0.0000%	4h	4,361.3	+0.029%	$263.5M	$412.7M	100x
SunX XAU-USDT	0.0000%	4h	4,364	+0.091%	$93K	$9.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,354.5	−0.126%	$270K	—	250x	as long as short
Aster XAUUSD1	+0.0022%	4h	4,360.6	+0.013%	$70.7M	$293.4M	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,354.7	−0.121%	$13.5M	$42.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.220%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0034%	24h	4,357	−0.069%	$4.1M	$35.9M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,359.3	−0.017%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,392.1	+0.736%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,356	−0.092%	$33K	—	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,357.2	−0.065%	$294.4M	$48.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,355.8	−0.097%	$14.9M	$58.0M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,358.6	−0.033%	$5.6M	$1.9M	20x	as long as short
Lighter XAU	+0.0056%	1h	4,358.6	−0.033%	$20.7M	$43.7M	25x	as long as short
Lighter RH XAU	+0.0056%	1h	4,361.1	+0.024%	$20.2M	$40.9M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0068%	1h	4,358.2	−0.042%	$4.3M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,355.1	−0.113%	$2.0M	$5.0M	25x	as long as short
Variational Omni XAU	+0.0078%	4h	4,359	−0.023%	$48.3M	$28.1M	—	as long as short
Paradex XAU-USD-PERP	+0.0082%	8h	4,359.4	−0.014%	$19K	$5K	5x	as long as short
MEXC XAU_USDT	+0.0094%	4h	4,359.5	−0.012%	$376.0M	$323.5M	1000x	as long as short
edgeX XAUUSDC	+0.0094%	4h	4,353.4	−0.152%	$30.3M	$59.8M	50x	as long as short
Binance XAUUSDT	+0.0097%	4h	4,360.2	+0.005%	$409.3M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,356.5	−0.081%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.1	−0.068%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,352	−0.183%	$26K	$14K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,358.6	−0.034%	$161K	$87	10x	as long as short
GRVT XAU_USDT_Perp	+0.0110%	4h	4,360	0.000%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,356.9	−0.072%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,359.5	−0.012%	$3.4M	$12.4M	25x	as long as short
Bullet GOLD-USD	+0.0162%	1h	4,359	−0.023%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0170%	4h	4,361	+0.022%	$84.1M	$143.7M	150x	as long as short
Bitget XAUUSDTlong	+0.0178%	4h	4,360	long leg	$69.5M	$109.7M	100x
Deribit GOLD_USDC-PERPETUAL	+0.0209%	1h	4,357.8	−0.051%	$243K	$671K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0235%	8h	4,361.3	+0.029%	$164.9M	$282.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,356.4	−0.083%	$594K	$139K	25x	as long as short
Phemex XAUUSDT	+0.0335%	4h	4,362	+0.044%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,358.8	−0.029%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.0538%	4h	4,363.9	+0.090%	$2.9M	$3.9M	75x	as long as short