XAU

Alert

Funding spread now, next payment 16:00 UTC+0.0981%/8h

next payment, per $10,000+$1.23paid, last 24h+0.019%paid, last 5 days−0.105%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.105% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XAUUSD	4,351.1	0.0301	pay 0.0038% / 1h	19m 07s	$589K	$106K	25x
Short	Bluefin GOLD-PERP	4,350.5	0.1282	get 0.0160% / 1h	19m 07s	$26K	$23K	20x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BluefinbpOrdersRate

Funding earned: $205.93
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: $188.93
Break-even: 0.6 days

Slippage unknown: Kraken Futures: live order book, 30 min ago; Bluefin: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.014%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 30 min ago	2.47 bp	8.1 bp −$8	12.1 bp −$121	doesn't fit	doesn't fit
Sell Bluefin no order-book sample	—	—	—	—	—

Bluefin: 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 38 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff GOLD-PERP	−0.0104%	1h	$33K	—	25x	as long as short
RISEx XAU/USDC	0.0000%	1h	$3.7M	$12.2M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	$93K	$11.3M	20x	as long as short
Phemex XAUUSDT	0.0000%	4h	$2.2M	$1.0M	100x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0001%	1h	$187K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	$619	$72K	52x	as long as short
Gate XAU_USDT	+0.0036%	4h	$277.8M	$375.6M	100x	as long as short
StandX XAU-USD	+0.0040%	1h	$3.8M	$1.6M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	—	$909K	25x	as long as short
Extended XAU-USD	+0.0048%	1h	$13.3M	$52.1M	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	$294.2M	$55.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	$14.8M	$43.5M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	$5.4M	$1.9M	20x	as long as short
Paradex XAU-USD-PERP	+0.0065%	8h	$19K	$6K	5x	as long as short
Bybit XAUUSDT	+0.0077%	4h	$82.0M	$129.2M	150x	as long as short
Lighter RH XAU	+0.0080%	1h	$19.7M	$40.1M	25x	as long as short
Lighter XAU	+0.0088%	1h	$20.7M	$44.9M	25x	as long as short
Pacifica XAU	+0.0100%	1h	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	$273K	$203K	50x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0104%	1h	$1.9M	$5.1M	25x	as long as short
Bullet GOLD-USD	+0.0104%	1h	$59K	$77K	10x	as long as short
Kalshi KXGOLDPERP	+0.0106%	24h	$4.2M	$29.4M	15x	as long as short
Phoenix GOLD	+0.0107%	1h	$53K	$54K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0118%	1h	$218K	$954K	25x	as long as short
Aevo XAU-PERP	+0.0120%	1h	$161K	$87	10x	as long as short
Aster XAUUSD1	+0.0139%	4h	$69.1M	$162.2M	20x	as long as short
Variational Omni XAU	+0.0147%	4h	$47.9M	$42.8M	—	as long as short
Binance XAUUSDT	+0.0162%	4h	$416.2M	$1.97B	100x	as long as short
MEXC XAU_USDT	+0.0162%	4h	$370.8M	$380.4M	1000x	as long as short
edgeX XAUUSDC	+0.0181%	4h	$30.3M	$53.4M	50x	as long as short
Polymarket Perps GOLD-USD	+0.0194%	1h	$4.1M	$1.8M	20x	as long as short
OKX XAU-USDT-SWAP	+0.0239%	8h	$157.6M	$258.0M	100x	as long as short
Bitget XAUUSDT	+0.0284%	4h	$71.9M	$93.5M	100x	as long as short
Kraken Futures PF_XAUUSDlong	+0.0301%	1h	$589K	$106K	25x
HTX XAU-USDT	+0.0362%	4h	$2.4M	$2.3M	75x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0363% / S −0.0178%	1h	$221K	—	111x	as long as short
BloFin XAU-USDT	+0.0402%	4h	$15.4M	$4.3M	100x	as long as short
Bluefin GOLD-PERPshort	+0.1282%	1h	$26K	$23K	20x