XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.020%

Price spread now: RISEx against Deribit+0.071%7-day average +0.127% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$180.181% of the position

Long on Deribit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.676%−$68 on $10k

Price spread, last 3 days (all we have)+0.048%+$5 · spread now +0.071%, 7d avg +0.127%

Together, before fees−0.628%−$63 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.056% cheaper against Deribit than usual: you would sell low and buy high (spread +0.071% now, against its 7-day average of +0.127%). If the spread goes back, that is −$6 on $10k: about 10 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.676%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOLD_USDC-PERPETUAL	4,359.8	0.0117	pay 0.0015% / 1h	59m 06s	$235K	$659K	25x
Short	RISEx XAU/USDC	4,362.9	0.0135	get 0.0017% / 1h	59m 06s	$3.4M	$12.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Deribit. 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 DeribitbpFee RISExbpOrdersPrice spread, now +0.071%Rate

Funding earned: $3.79
Price spread: +0.071% → +0.127%: −$5.59
Slippage, 4 orders: −$5.09
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$19.89
Costs to cover: 0.181%
Break-even: 43.8 days

Slippage from Deribit: live order book, 10 min ago; RISEx: 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 Deribit live order book, 10 min ago	0.12 bp	7.9 bp −$8	9.1 bp −$91	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	0.01 bp	3.0 bp −$3	3.5 bp −$35	41.8 bp −$4,184	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
Bluefin GOLD-PERP	−0.0167%	1h	4,355.4	−0.100%	$26K	$22K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,361.8	+0.046%	$69.8M	$241.9M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,361.3	+0.033%	$264.7M	$400.2M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,360	+0.005%	$4.0M	$36.4M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,365.4	+0.128%	$93K	$10.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,357.4	−0.055%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,357.5	−0.053%	$13.5M	$43.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.215%	$619	$54	52x	as long as short
Variational Omni XAU	+0.0040%	4h	4,362	+0.050%	$48.4M	$28.5M	—	as long as short
StandX XAU-USD	+0.0040%	1h	4,363	+0.073%	$3.8M	$4.7M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0045%	1h	4,362.7	+0.067%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,396.2	+0.835%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,359.9	+0.002%	$33K	—	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,357	−0.064%	$294.0M	$51.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,361	+0.028%	$4.3M	$1.8M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,358.8	−0.022%	$14.8M	$57.3M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,359.6	−0.005%	$48K	$64K	25x	as long as short
MEXC XAU_USDT	+0.0058%	4h	4,361	+0.028%	$372.3M	$318.3M	1000x	as long as short
Binance XAUUSDT	+0.0060%	4h	4,361.4	+0.037%	$411.5M	$2.13B	100x	as long as short
edgeX XAUUSDC	+0.0063%	4h	4,356.5	−0.075%	$30.3M	$60.4M	50x	as long as short
Lighter RH XAU	+0.0064%	1h	4,361.6	+0.042%	$20.2M	$40.5M	25x	as long as short
Lighter XAU	+0.0072%	1h	4,359.9	+0.002%	$20.6M	$43.2M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,358.6	−0.028%	$2.0M	$5.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0088%	8h	4,363.3	+0.081%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,360.8	+0.024%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,360.1	+0.007%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,359.2	−0.015%	$275K	$204K	50x	as long as short
Bitget XAUUSDT	+0.0112%	4h	4,360.1	+0.006%	$69.5M	$111.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUALlong	+0.0117%	1h	4,359.8	long leg	$235K	$659K	25x
RISEx XAU/USDCshort	+0.0135%	1h	4,362.9	+0.071%	$3.4M	$12.4M	25x
GRVT XAU_USDT_Perp	+0.0152%	4h	4,362.3	+0.056%	$1.4M	$3.1M	25x	as long as short
Bullet GOLD-USD	+0.0155%	1h	4,362.6	+0.063%	$59K	$82K	10x	as long as short
Bybit XAUUSDT	+0.0195%	4h	4,361.1	+0.030%	$83.6M	$145.1M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0216%	8h	4,361.7	+0.044%	$164.2M	$286.6M	100x	as long as short
BloFin XAU-USDT	+0.0241%	4h	4,362.7	+0.067%	$15.4M	$4.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,358.7	−0.025%	$594K	$141K	25x	as long as short
Phemex XAUUSDT	+0.0291%	4h	4,364.2	+0.100%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,361.5	+0.038%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0558%	4h	4,368	+0.188%	$2.9M	$3.9M	75x	as long as short