XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%

Price spread now: StandX against QFEX+0.109%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on QFEX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.043%+$4 on $10k

Price spread, last 7 days−0.061%−$6 · spread now +0.109%, 7d avg +0.057%

Together, before fees−0.017%+ Points / potential airdropStandX: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and StandX is 0.052% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOLD-USD	4,305.2	0.0045	pay 0.0006% / 1h	3m 18s	$6.6M	$3.1M	20x
Short	StandX XAU-USD	4,309.9	0.0161	get 0.0020% / 1h	3m 18s	$3.8M	$4.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against QFEX. 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 QFEXbpFee StandXbpOrdersPrice spread, now +0.109%Rate

Funding earned: $24.51
Price spread: +0.109% → +0.057%: $5.17
Slippage, 4 orders: −$10.64
Fee QFEX: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: $1.04
Costs to cover: 0.286%
Break-even: 6.7 days

Slippage from QFEX: live order book, 6 min ago; StandX: live order book, 1 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 QFEX live order book, 6 min ago	2.78 bp	7.8 bp −$8	7.8 bp −$78	9.3 bp −$932	doesn't fit
Sell StandX live order book, 1 min ago	0.12 bp	8.7 bp −$9	10.4 bp −$104	11.3 bp −$1,133	12.6 bp −$6,283

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	4,311	+0.134%	$92K	$7.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,303	−0.051%	$268K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+1.050%	$619	$54	52x	as long as short
QFEX GOLD-USDlong	+0.0045%	1h	4,305.2	long leg	$6.6M	$3.1M	20x
Vest GC-PERP	+0.0046%	1h	4,338.8	+0.780%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,303.4	−0.042%	$289.7M	$52.9M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,303.6	−0.037%	$15.0M	$55.2M	25x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,308.5	+0.076%	$72.8M	$271.9M	20x	as long as short
Paradex XAU-USD-PERP	+0.0062%	8h	4,306.1	+0.021%	$2K	$14K	5x	as long as short
Bybit XAUUSDT	+0.0071%	4h	4,307.7	+0.058%	$77.3M	$155.6M	150x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAU	+0.0072%	1h	4,305.5	+0.007%	$20.2M	$30.2M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,301.8	−0.079%	$2.0M	$5.1M	25x	as long as short
Bluefin GOLD-PERP	+0.0086%	1h	4,301.9	−0.076%	$25K	$1K	20x	as long as short
Phoenix GOLD	+0.0096%	1h	4,305.5	+0.007%	$42K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,303	−0.051%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,304	−0.029%	$269K	$214K	50x	as long as short
Kalshi KXGOLDPERP	+0.0100%	24h	4,308.9	+0.086%	$3.6M	$45.5M	15x	as long as short
Variational Omni XAU	+0.0101%	4h	4,306.5	+0.031%	$46.7M	$29.3M	—	as long as short
Lighter RH XAU	+0.0104%	1h	4,308	+0.065%	$19.9M	$40.3M	25x	as long as short
Extended XAU-USD	+0.0104%	1h	4,303.1	−0.048%	$13.1M	$36.7M	25x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,307.1	+0.045%	$365.6M	$342.8M	1000x	as long as short
Binance XAUUSDT	+0.0112%	4h	4,307.1	+0.043%	$429.0M	$2.16B	100x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,306.6	+0.032%	$159K	$87	10x	as long as short
GRVT XAU_USDT_Perp	+0.0114%	4h	4,308	+0.064%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0118%	4h	4,309.2	+0.093%	$287.8M	$432.7M	100x	as long as short
Hotstuff GOLD-PERP	+0.0120%	1h	4,303.9	−0.030%	$32K	—	25x	as long as short
edgeX XAUUSDC	+0.0130%	4h	4,304.2	−0.024%	$29.9M	$60.3M	50x	as long as short
StandX XAU-USDshort	+0.0161%	1h	4,309.9	+0.109%	$3.8M	$4.5M	40x
Deribit GOLD_USDC-PERPETUAL	+0.0191%	1h	4,305.8	+0.014%	$136K	$866K	25x	as long as short
Bitget XAUUSDT	+0.0192%	4h	4,307.1	+0.045%	$70.7M	$121.8M	100x	as long as short
Bullet GOLD-USD	+0.0199%	1h	4,307	+0.042%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0222%	1h	4,307.2	+0.046%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0229%	1h	4,304.6	−0.013%	$573K	$138K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0259%	8h	4,306	+0.019%	$172.8M	$311.4M	100x	as long as short
BloFin XAU-USDT	+0.0373%	4h	4,307.1	+0.043%	$16.6M	$4.9M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0464% / S −0.0311%	1h	4,307	+0.043%	$253K	—	111x	as long as short
Phemex XAUUSDT	+0.0496%	4h	4,311.5	+0.147%	$2.2M	$951K	100x	as long as short
HTX XAU-USDT	+0.0547%	4h	4,314.1	+0.207%	$3.2M	$6.2M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,307.4	+0.052%	$4.5M	$13.1M	25x	as long as short