XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0124%/8h= −13.5% APRnext payment −$0.15 per $10,000 · paid last 24h −0.044%

Price spread now: Aevo against Kraken Futures+0.051%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.146%−$15 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.051%, 7d avg +0.052%

Together, before fees−0.129%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XAUUSD	4,322.9	0.0228	pay 0.0028% / 1h	32m 28s	$578K	$135K	25x
Short	Aevo XAU-PERP	4,325.1	0.0104	get 0.0013% / 1h	32m 28s	$160K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now +0.051%Rate

Funding earned: −$25.97
Price spread: +0.051% → +0.052%: −$0.03
Slippage, 4 orders: −$22.87
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$74.87
Costs to cover: 0.489%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 6 min ago; Aevo: live order book, 6 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 Kraken Futures live order book, 6 min ago	2.53 bp	8.4 bp −$8	12.4 bp −$124	doesn't fit	doesn't fit
Sell Aevo live order book, 6 min ago	5.13 bp	16.9 bp −$17	29.4 bp −$294	doesn't fit	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	−0.0097%	1h	4,320.3	−0.062%	$25K	$1K	20x	as long as short
Hotstuff GOLD-PERP	−0.0096%	1h	4,322.5	−0.010%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,330.1	+0.165%	$92K	$7.3M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,321.6	−0.031%	$270K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.636%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,327.2	+0.099%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,323.3	+0.009%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,356.6	+0.779%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,321	−0.045%	$291.7M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,320.5	−0.056%	$15.0M	$55.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0053%	4h	4,325.1	+0.051%	$77.6M	$152.8M	150x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,325.9	+0.068%	$72.9M	$272.0M	20x	as long as short
Lighter XAU	+0.0064%	1h	4,323.8	+0.021%	$20.5M	$29.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0065%	8h	4,323.9	+0.023%	$2K	$14K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,322.2	−0.017%	$2.1M	$4.8M	25x	as long as short
Variational Omni XAU	+0.0089%	4h	4,324.9	+0.045%	$47.2M	$29.3M	—	as long as short
Kalshi KXGOLDPERP	+0.0092%	24h	4,327.4	+0.103%	$3.8M	$44.6M	15x	as long as short
Phoenix GOLD	+0.0096%	1h	4,323.3	+0.009%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,321	−0.046%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,324.3	+0.031%	$362.9M	$327.8M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0100%	4h	4,326.8	+0.089%	$1.4M	$3.0M	25x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,322.7	−0.005%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0101%	4h	4,324.2	+0.029%	$425.0M	$2.13B	100x	as long as short
Aevo XAU-PERPshort	+0.0104%	1h	4,325.1	+0.051%	$160K	$87	10x
Gate XAU_USDT	+0.0108%	4h	4,326.8	+0.089%	$285.5M	$416.5M	100x	as long as short
edgeX XAUUSDC	+0.0117%	4h	4,323.1	+0.004%	$30.1M	$59.6M	50x	as long as short
Lighter RH XAU	+0.0120%	1h	4,326.4	+0.081%	$20.0M	$39.1M	25x	as long as short
Extended XAU-USD	+0.0128%	1h	4,320.6	−0.054%	$13.2M	$36.8M	25x	as long as short
Bitget XAUUSDT	+0.0194%	4h	4,324.1	+0.028%	$70.1M	$118.5M	100x	as long as short
Bullet GOLD-USD	+0.0206%	1h	4,324.4	+0.034%	$58K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,324.4	+0.034%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSDlong	+0.0228%	1h	4,322.9	long leg	$578K	$135K	25x
Deribit GOLD_USDC-PERPETUAL	+0.0259%	1h	4,324	+0.025%	$163K	$871K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0276%	8h	4,324.9	+0.046%	$173.8M	$299.0M	100x	as long as short
BloFin XAU-USDT	+0.0341%	4h	4,324.9	+0.045%	$16.4M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0364%	4h	4,327.8	+0.113%	$2.2M	$975K	100x	as long as short
HTX XAU-USDT	+0.0418%	4h	4,331.1	+0.188%	$3.2M	$5.9M	75x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,325.9	+0.068%	$253K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,325	+0.048%	$4.6M	$13.3M	25x	as long as short