XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0103%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h +0.057%

Price spread now: Deribit against StandX−0.023%7-day average −0.119% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on StandX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.724%+$72 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.023%, 7d avg −0.119%

Together, before fees+0.679%+ Points / potential airdropStandX: Active · farm board+$68 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.096% dearer against StandX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.119%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAU-USD	4,331	0.0040	pay 0.0005% / 1h	2m 12s	$3.8M	$4.5M	40x
Short	Deribit GOLD_USDC-PERPETUAL	4,330	0.0143	get 0.0018% / 1h	2m 12s	$135K	$748K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against StandX. 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 StandXbpFee DeribitbpOrdersPrice spread, now −0.023%Rate

Funding earned: $21.58
Price spread: −0.023% → −0.119%: $9.64
Slippage, 4 orders: −$11.43
Fee StandX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $4.79
Costs to cover: 0.264%
Break-even: 5.4 days

Slippage from StandX: live order book, 5 min ago; Deribit: live order book, 49 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 StandX live order book, 5 min ago	3.12 bp	7.1 bp −$7	8.0 bp −$80	11.5 bp −$1,152	doesn't fit
Sell Deribit live order book, 49 min ago	0.12 bp	8.0 bp −$8	9.8 bp −$98	doesn't fit	doesn't fit

XAU on 39 exchanges

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
Hotstuff GOLD-PERP	−2.2880%	1h	4,318.3	−0.293%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,336.6	+0.130%	$92K	$6.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,327.4	−0.083%	$286K	—	250x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0024%	1h	4,327.8	−0.074%	$2.1M	$5.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.448%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0038%	1h	4,332.6	+0.037%	$6.7M	$3.2M	20x	as long as short
StandX XAU-USDlong	+0.0040%	1h	4,331	long leg	$3.8M	$4.5M	40x
Vest GC-PERP	+0.0046%	1h	4,366.2	+0.813%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,329	−0.046%	$292.2M	$52.9M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,328.6	−0.055%	$15.1M	$58.3M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XAU-USD-PERP	+0.0055%	8h	4,333.5	+0.057%	$2K	$13K	5x	as long as short
RISEx XAU/USDC	+0.0056%	1h	4,333.4	+0.056%	$4.7M	$13.4M	25x	as long as short
Aster XAUUSD1	+0.0075%	4h	4,333.8	+0.065%	$73.1M	$275.6M	20x	as long as short
Phoenix GOLD	+0.0076%	1h	4,330.5	−0.012%	$43K	$72K	25x	as long as short
Variational Omni XAU	+0.0090%	4h	4,334.4	+0.077%	$47.3M	$29.4M	—	as long as short
Lighter XAU	+0.0096%	1h	4,331	0.000%	$20.2M	$30.6M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,332.6	+0.037%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,330.9	−0.002%	$284K	$223K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,327.9	−0.071%	$25K	$1K	20x	as long as short
Gate XAU_USDT	+0.0104%	4h	4,334.3	+0.076%	$301.1M	$451.6M	100x	as long as short
Binance XAUUSDT	+0.0109%	4h	4,332	+0.022%	$445.4M	$2.42B	100x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,332	+0.023%	$369.0M	$367.5M	1000x	as long as short
Bybit XAUUSDT	+0.0112%	4h	4,332.7	+0.039%	$80.3M	$172.0M	150x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,332.4	+0.033%	$160K	$87	10x	as long as short
GRVT XAU_USDT_Perp	+0.0116%	4h	4,333.8	+0.066%	$1.4M	$3.1M	25x	as long as short
edgeX XAUUSDC	+0.0117%	4h	4,331.5	+0.011%	$30.3M	$66.8M	50x	as long as short
Kalshi KXGOLDPERP	+0.0133%	24h	4,335.1	+0.095%	$3.5M	$50.8M	15x	as long as short
Polymarket Perps GOLD-USD	+0.0137%	1h	4,332.6	+0.037%	$4.3M	$1.7M	20x	as long as short
Deribit GOLD_USDC-PERPETUALshort	+0.0143%	1h	4,330	−0.023%	$135K	$748K	25x
Lighter RH XAU	+0.0152%	1h	4,334	+0.069%	$19.8M	$41.2M	25x	as long as short
Extended XAU-USD	+0.0152%	1h	4,328.1	−0.066%	$12.6M	$34.9M	25x	as long as short
Bullet GOLD-USD	+0.0197%	1h	4,332.7	+0.040%	$59K	$76K	10x	as long as short
Bitget XAUUSDT	+0.0218%	4h	4,331.9	+0.020%	$73.5M	$136.9M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0242%	8h	4,332.9	+0.044%	$170.7M	$358.9M	100x	as long as short
Phemex XAUUSDT	+0.0252%	4h	4,333.4	+0.056%	$2.2M	$782K	100x	as long as short
BloFin XAU-USDT	+0.0351%	4h	4,335.8	+0.110%	$16.3M	$5.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0411%	1h	4,329.5	−0.034%	$583K	$165K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0460% / S −0.0308%	1h	4,331.9	+0.020%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.1125%	4h	4,339.5	+0.195%	$3.2M	$7.0M	75x	as long as short