XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.016%

Price spread now: Aevo against Polymarket Perps−0.030%7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$600.596% of the position

Long on Polymarket Perps Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.030%, 7d avg +0.047%

Together, before fees+0.277%+$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aevo is 0.077% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.047%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.069%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOLD-USD	4,324.8	0.0122	pay 0.0015% / 1h	55m 22s	$4.3M	$1.7M	20x
Short	Aevo XAU-PERP	4,323.5	0.0112	get 0.0014% / 1h	55m 22s	$160K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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 Polymarket PerpsbpFee AevobpOrdersPrice spread, now −0.030%Rate

Funding earned: −$2.15
Price spread: −0.030% → +0.047%: −$7.74
Slippage, 4 orders: −$35.63
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$69.52
Costs to cover: 0.596%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; Aevo: live order book, 38 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 Polymarket Perps live order book, 4 min ago	0.92 bp	4.9 bp −$5	5.7 bp −$57	6.7 bp −$669	doesn't fit
Sell Aevo live order book, 38 min ago	15.69 bp	25.4 bp −$25	doesn't fit	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
SunX XAU-USDT	0.0000%	4h	4,328.8	+0.092%	$92K	$6.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,330.7	+0.136%	$275K	—	250x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0024%	1h	4,325.1	+0.007%	$2.0M	$5.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.592%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0038%	1h	4,325.1	+0.007%	$6.6M	$3.0M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,328.5	+0.086%	$3.8M	$4.5M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,358.2	+0.772%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,321.8	−0.069%	$292.0M	$55.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,321.4	−0.078%	$15.1M	$57.4M	25x	as long as short
RISEx XAU/USDC	+0.0056%	1h	4,325.6	+0.018%	$4.6M	$13.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XAU-USD-PERP	+0.0058%	8h	4,325.2	+0.009%	$2K	$13K	5x	as long as short
Aster XAUUSD1	+0.0060%	4h	4,326.2	+0.033%	$74.3M	$273.1M	20x	as long as short
Hotstuff GOLD-PERP	+0.0080%	1h	4,323.2	−0.037%	$32K	—	25x	as long as short
Extended XAU-USD	+0.0088%	1h	4,320.4	−0.101%	$12.7M	$35.7M	25x	as long as short
Variational Omni XAU	+0.0094%	4h	4,326.7	+0.044%	$47.1M	$29.9M	—	as long as short
Phoenix GOLD	+0.0095%	1h	4,328.1	+0.076%	$43K	$72K	25x	as long as short
Lighter RH XAU	+0.0096%	1h	4,327.5	+0.062%	$19.9M	$38.6M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,322.3	−0.057%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,327.6	+0.064%	$284K	$232K	50x	as long as short
Gate XAU_USDT	+0.0106%	4h	4,326.7	+0.044%	$302.7M	$429.7M	100x	as long as short
Lighter XAU	+0.0112%	1h	4,325.4	+0.014%	$20.2M	$29.3M	25x	as long as short
Aevo XAU-PERPshort	+0.0112%	1h	4,323.5	−0.030%	$160K	$87	10x
MEXC XAU_USDT	+0.0114%	4h	4,324.6	−0.004%	$352.9M	$348.2M	1000x	as long as short
Binance XAUUSDT	+0.0116%	4h	4,324.4	−0.009%	$435.3M	$2.36B	100x	as long as short
Kalshi KXGOLDPERP	+0.0121%	24h	4,329.2	+0.102%	$3.5M	$48.6M	15x	as long as short
Polymarket Perps GOLD-USDlong	+0.0122%	1h	4,324.8	long leg	$4.3M	$1.7M	20x
edgeX XAUUSDC	+0.0123%	4h	4,325.6	+0.018%	$30.2M	$65.1M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0130%	4h	4,329.2	+0.102%	$1.4M	$3.0M	25x	as long as short
Bybit XAUUSDT	+0.0142%	4h	4,325.2	+0.008%	$81.6M	$170.1M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0167%	1h	4,321.9	−0.067%	$134K	$783K	25x	as long as short
Bullet GOLD-USD	+0.0186%	1h	4,324.8	0.000%	$58K	$77K	10x	as long as short
Bitget XAUUSDT	+0.0196%	4h	4,324.1	−0.017%	$71.9M	$132.9M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0244%	8h	4,325.2	+0.009%	$170.7M	$355.8M	100x	as long as short
BloFin XAU-USDT	+0.0355%	4h	4,329.7	+0.113%	$16.2M	$5.5M	100x	as long as short
Phemex XAUUSDT	+0.0395%	4h	4,331.6	+0.157%	$2.2M	$961K	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0412%	1h	4,321.6	−0.074%	$582K	$150K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0460% / S −0.0306%	1h	4,324.8	−0.001%	$252K	—	111x	as long as short
HTX XAU-USDT	+0.1112%	4h	4,334.7	+0.228%	$3.2M	$7.0M	75x	as long as short
Bluefin GOLD-PERP	+0.4360%	1h	4,318.3	−0.150%	$25K	$1K	20x	as long as short