XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.021%

Price spread now: Polymarket Perps against Extended+0.076%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$160.163% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 7 days−0.098%−$10 · spread now +0.076%, 7d avg +0.012%

Together, before fees−0.054%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.065% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAU-USD	4,354.8	0.0072	pay 0.0009% / 1h	21m 48s	$13.5M	$43.7M	25x
Short	Polymarket Perps GOLD-USD	4,358.1	0.0120	get 0.0015% / 1h	21m 48s	$4.3M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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 ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now +0.076%Rate

Funding earned: $10.1
Price spread: +0.076% → +0.012%: $6.45
Slippage, 4 orders: −$3.26
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $0.29
Costs to cover: 0.163%
Break-even: 6.8 days

Slippage from Extended: live order book, 2 min ago; Polymarket Perps: 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 Extended live order book, 2 min ago	0.12 bp	2.6 bp −$3	3.1 bp −$31	9.1 bp −$910	28.6 bp −$14.3K
Sell Polymarket Perps live order book, 2 min ago	0.12 bp	4.4 bp −$4	4.7 bp −$47	5.5 bp −$546	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
Aster XAUUSD1	0.0000%	4h	4,359.1	+0.099%	$71.0M	$200.7M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,360.2	+0.123%	$266.2M	$417.1M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,356.2	+0.032%	$4.0M	$36.7M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,364.2	+0.215%	$93K	$10.2M	20x	as long as short
Variational Omni XAU	0.0000%	4h	4,360.4	+0.130%	$47.8M	$28.1M	—	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,355.1	+0.008%	$267K	—	250x	as long as short
edgeX XAUUSDC	+0.0022%	4h	4,355.1	+0.008%	$30.3M	$60.4M	50x	as long as short
MEXC XAU_USDT	+0.0022%	4h	4,359.5	+0.109%	$373.8M	$328.3M	1000x	as long as short
Binance XAUUSDT	+0.0025%	4h	4,359.4	+0.106%	$411.6M	$2.15B	100x	as long as short
Hotstuff GOLD-PERP	+0.0032%	1h	4,356.9	+0.049%	$33K	—	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.100%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,360.6	+0.134%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,359.3	+0.104%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,393.6	+0.891%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,359.9	+0.118%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,355.6	+0.019%	$293.7M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,354.7	−0.002%	$14.7M	$57.2M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,358.5	+0.085%	$48K	$64K	25x	as long as short
Bitget XAUUSDT	+0.0062%	4h	4,359.8	+0.115%	$69.1M	$113.9M	100x	as long as short
Lighter XAU	+0.0072%	1h	4,358.5	+0.085%	$20.6M	$44.1M	25x	as long as short
Extended XAU-USDlong	+0.0072%	1h	4,354.8	long leg	$13.5M	$43.7M	25x
Paradex XAU-USD-PERP	+0.0080%	8h	4,359	+0.097%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,358.2	+0.079%	$161K	$87	10x	as long as short
BloFin XAU-USDT	+0.0091%	4h	4,361.9	+0.163%	$15.5M	$4.5M	100x	as long as short
Lighter RH XAU	+0.0096%	1h	4,360.2	+0.123%	$20.2M	$41.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,354.3	−0.011%	$2.0M	$5.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,356.5	+0.039%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.8	+0.069%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,352.6	−0.051%	$26K	$22K	20x	as long as short
Bybit XAUUSDT	+0.0112%	4h	4,360.5	+0.130%	$83.5M	$144.4M	150x	as long as short
Polymarket Perps GOLD-USDshort	+0.0120%	1h	4,358.1	+0.076%	$4.3M	$1.8M	20x
GRVT XAU_USDT_Perp	+0.0152%	4h	4,361.1	+0.145%	$1.4M	$3.1M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0163%	1h	4,356.9	+0.049%	$235K	$656K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0199%	8h	4,360.4	+0.129%	$163.8M	$289.3M	100x	as long as short
Bullet GOLD-USD	+0.0211%	1h	4,359.5	+0.108%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,356.2	+0.033%	$594K	$151K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,359	+0.097%	$252K	—	111x	as long as short
Phemex XAUUSDT	+0.0457%	4h	4,361.7	+0.159%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0568%	4h	4,364	+0.212%	$2.9M	$3.9M	75x	as long as short