XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0231%/8h= +25.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.015%

Price spread now: GMX against RISEx+0.006%7-day average −0.005% · you sell dearer than you buy

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

Long on RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.084%+$8 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.006%, 7d avg −0.005%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAU/USDC	4,347.6	0	get 0.0000% / 1h	33m 15s	$3.4M	$12.3M	25x
Short	GMX GOLD/USD [ETH-USDC]	4,347.8	L +0.0413% / S −0.0231%	get 0.0029% / 1h	33m 15s	$248K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against RISEx. 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 RISExbpFee GMXbpOrdersPrice spread, now +0.006%Rate

Funding earned: $48.54
Price spread: +0.006% → −0.005%: $1.08
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: $31.62
Costs to cover: 0.180%
Break-even: 2.4 days

Slippage unknown: RISEx: live order book, 1 min ago; GMX: no order-book sample. 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 RISEx live order book, 1 min ago	0.01 bp	4.3 bp −$4	5.1 bp −$51	35.0 bp −$3,495	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
RISEx XAU/USDClong	0.0000%	1h	4,347.6	long leg	$3.4M	$12.3M	25x
SunX XAU-USDT	0.0000%	4h	4,352	+0.102%	$92K	$9.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,343.8	−0.088%	$271K	—	250x	as long as short
Gate XAU_USDT	+0.0006%	4h	4,348.7	+0.027%	$267.8M	$412.2M	100x	as long as short
Lighter XAU	+0.0032%	1h	4,346.1	−0.033%	$20.8M	$37.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,343.8	−0.087%	$13.3M	$38.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.066%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,348.4	+0.018%	$20.1M	$39.2M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,347.3	−0.006%	$3.8M	$4.6M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,347.4	−0.004%	$5.7M	$2.0M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXGOLDPERP	+0.0045%	24h	4,345.8	−0.041%	$4.2M	$37.2M	15x	as long as short
Vest GC-PERP	+0.0046%	1h	4,380.8	+0.764%	—	$1.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,345.1	−0.057%	$2.0M	$4.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344.4	−0.073%	$293.7M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,344.4	−0.073%	$15.1M	$56.8M	25x	as long as short
Aster XAUUSD1	+0.0064%	4h	4,348.3	+0.017%	$71.0M	$333.7M	20x	as long as short
Variational Omni XAU	+0.0080%	4h	4,346.7	−0.020%	$48.5M	$27.8M	—	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,347.8	+0.006%	$19K	$5K	5x	as long as short
GRVT XAU_USDT_Perp	+0.0086%	4h	4,346.6	−0.021%	$1.4M	$2.9M	25x	as long as short
MEXC XAU_USDT	+0.0092%	4h	4,347.6	0.000%	$373.2M	$317.7M	1000x	as long as short
Binance XAUUSDT	+0.0093%	4h	4,347.6	+0.001%	$413.9M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,343.8	−0.087%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,343.5	−0.094%	$274K	$203K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,347	−0.013%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0110%	4h	4,341.5	−0.141%	$30.2M	$58.3M	50x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0118%	1h	4,345.6	−0.045%	$243K	$789K	25x	as long as short
Phoenix GOLD	+0.0142%	1h	4,347.3	−0.006%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0144%	1h	4,344.4	−0.073%	$33K	—	25x	as long as short
Polymarket Perps GOLD-USD	+0.0151%	1h	4,347.2	−0.008%	$4.3M	$1.9M	20x	as long as short
Bluefin GOLD-PERP	+0.0171%	1h	4,340.5	−0.164%	$25K	$14K	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,344.5	−0.069%	$592K	$132K	25x	as long as short
Bullet GOLD-USD	+0.0199%	1h	4,347.8	+0.006%	$59K	$82K	10x	as long as short
Phemex XAUUSDT	+0.0212%	4h	4,350.2	+0.060%	$2.2M	$967K	100x	as long as short
Bitget XAUUSDT	+0.0234%	4h	4,347.8	+0.005%	$70.0M	$109.2M	100x	as long as short
Bybit XAUUSDT	+0.0240%	4h	4,348.9	+0.030%	$85.0M	$144.8M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0286%	8h	4,348.9	+0.031%	$165.6M	$281.8M	100x	as long as short
BloFin XAU-USDT	+0.0340%	4h	4,347.7	+0.003%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]short	L +0.0413% / S −0.0231%	1h	4,347.8	+0.006%	$248K	—	111x
HTX XAU-USDT	+0.0624%	4h	4,352	+0.102%	$2.9M	$4.3M	75x	as long as short