XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0298%/8h= −32.6% APRnext payment −$0.37 per $10,000 · paid last 24h −0.066%

Price spread now: Aevo against GMX−0.027%7-day average −0.021% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.251%−$25 on $10k

Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.027%, 7d avg −0.021%

Together, before fees−0.231%−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX GOLD/USD [ETH-USDC]	4,361.6	L +0.0394% / S −0.0199%	pay 0.0049% / 1h	57m 21s	$254K	—	111x
Short	Aevo XAU-PERP	4,360.4	0.0096	get 0.0012% / 1h	57m 21s	$161K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GMXbpFee AevobpOrdersPrice spread, now −0.027%Rate

Funding earned: −$62.56
Price spread: −0.027% → −0.021%: −$0.56
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$91.12
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aevo: live order book, 11 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Aevo live order book, 11 min ago	6.00 bp	15.6 bp −$16	32.1 bp −$321	doesn't fit	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0350%	1h	4,353.5	−0.185%	$26K	$22K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,362	+0.008%	$68.5M	$249.3M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,361.9	+0.007%	$265.0M	$400.7M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,360.3	−0.030%	$4.1M	$36.5M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,365.8	+0.097%	$93K	$10.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,357.3	−0.098%	$269K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,357.8	−0.087%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,357.1	−0.103%	$13.5M	$43.4M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.256%	$619	$54	52x	as long as short
Variational Omni XAU	+0.0040%	4h	4,362	+0.009%	$48.4M	$28.5M	—	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAU-USD	+0.0040%	1h	4,365	+0.078%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,395.2	+0.770%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,359.6	−0.046%	$20.6M	$43.2M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,357.3	−0.098%	$294.1M	$51.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,360.2	−0.032%	$4.3M	$1.8M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,358.2	−0.079%	$14.8M	$57.2M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,361.5	−0.002%	$5.6M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0055%	1h	4,358.9	−0.062%	$48K	$64K	25x	as long as short
Lighter RH XAU	+0.0056%	1h	4,362.1	+0.011%	$20.2M	$40.5M	25x	as long as short
MEXC XAU_USDT	+0.0060%	4h	4,361.2	−0.008%	$374.0M	$318.8M	1000x	as long as short
edgeX XAUUSDC	+0.0062%	4h	4,356.3	−0.121%	$30.3M	$60.0M	50x	as long as short
Binance XAUUSDT	+0.0064%	4h	4,361.1	−0.012%	$411.5M	$2.12B	100x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,356.9	−0.108%	$2.0M	$5.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0088%	8h	4,361.5	−0.002%	$19K	$5K	5x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0094%	1h	4,358.7	−0.066%	$235K	$659K	25x	as long as short
Aevo XAU-PERPshort	+0.0096%	1h	4,360.4	−0.027%	$161K	$87	10x
Pacifica XAU	+0.0100%	1h	4,357.5	−0.094%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,358.5	−0.071%	$275K	$204K	50x	as long as short
Bitget XAUUSDT	+0.0114%	4h	4,361.4	−0.004%	$69.4M	$111.3M	100x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,361.8	+0.004%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0154%	4h	4,362.8	+0.028%	$1.4M	$3.1M	25x	as long as short
Bullet GOLD-USD	+0.0179%	1h	4,361.4	−0.004%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0203%	4h	4,361.7	+0.003%	$83.6M	$144.7M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0217%	8h	4,362	+0.009%	$164.1M	$286.3M	100x	as long as short
BloFin XAU-USDT	+0.0241%	4h	4,362.7	+0.026%	$15.4M	$4.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,358.2	−0.077%	$594K	$141K	25x	as long as short
Phemex XAUUSDT	+0.0317%	4h	4,365.3	+0.084%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]long	L +0.0394% / S −0.0199%	1h	4,361.6	long leg	$254K	—	111x
HTX XAU-USDT	+0.0549%	4h	4,365.9	+0.099%	$2.9M	$3.9M	75x	as long as short