XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0165%/8h= +18.1% APRnext payment +$0.21 per $10,000 · paid last 24h +0.052%

Price spread now: Kraken Futures against Aevo−0.050%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on Aevo Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 3 days (all we have)−0.019%−$2 · spread now −0.050%, 7d avg −0.053%

Together, before fees+0.115%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAU-PERP	4,353.9	0.0104	pay 0.0013% / 1h	13m 54s	$161K	$87	10x
Short	Kraken Futures PF_XAUUSD	4,351.7	0.0269	get 0.0034% / 1h	13m 54s	$593K	$139K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aevo. 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 AevobpFee Kraken FuturesbpOrdersPrice spread, now −0.050%Rate

Funding earned: $34.67
Price spread: −0.050% → −0.053%: $0.27
Slippage, 4 orders: −$20.87
Fee Aevo: 8 bp × 2 orders: −$16
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$11.92
Costs to cover: 0.469%
Break-even: 9.4 days

Slippage from Aevo: live order book, 55 min ago; Kraken Futures: live order book, 54 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 Aevo live order book, 55 min ago	6.00 bp	15.2 bp −$15	26.7 bp −$267	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 54 min ago	1.57 bp	9.0 bp −$9	17.3 bp −$173	doesn't fit	doesn't fit

XAU on 38 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
Gate XAU_USDT	0.0000%	4h	4,356.2	+0.055%	$263.5M	$414.0M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,358.7	+0.110%	$93K	$9.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,350.8	−0.070%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,350.4	−0.080%	$13.5M	$41.8M	25x	as long as short
Hotstuff GOLD-PERP	+0.0032%	1h	4,350.7	−0.073%	$33K	—	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.079%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0034%	24h	4,352	−0.043%	$4.1M	$36.1M	15x	as long as short
Aster XAUUSD1	+0.0035%	4h	4,355.1	+0.028%	$70.4M	$300.2M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,358.7	+0.111%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,388.1	+0.786%	—	$1.0M	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,351.4	−0.056%	$294.1M	$48.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,350.9	−0.068%	$14.9M	$58.0M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,353	−0.020%	$5.6M	$1.9M	20x	as long as short
Lighter XAU	+0.0056%	1h	4,353.5	−0.008%	$20.6M	$43.7M	25x	as long as short
Lighter RH XAU	+0.0064%	1h	4,356.6	+0.063%	$20.1M	$41.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,349.1	−0.109%	$2.0M	$5.0M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0075%	1h	4,353.4	−0.011%	$4.3M	$1.9M	20x	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,353.1	−0.017%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0086%	4h	4,356	+0.050%	$48.2M	$28.1M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,350.6	−0.075%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,358.5	+0.105%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,348	−0.135%	$25K	$14K	20x	as long as short
MEXC XAU_USDT	+0.0102%	4h	4,354.7	+0.018%	$375.9M	$324.0M	1000x	as long as short
Aevo XAU-PERPlong	+0.0104%	1h	4,353.9	long leg	$161K	$87	10x
Binance XAUUSDT	+0.0104%	4h	4,354.3	+0.010%	$409.2M	$2.10B	100x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,353.3	−0.013%	$30.3M	$59.9M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0116%	4h	4,360	+0.141%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,356.9	+0.070%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,353.6	−0.007%	$3.4M	$12.4M	25x	as long as short
Bullet GOLD-USD	+0.0168%	1h	4,354.6	+0.017%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0180%	4h	4,355.4	+0.035%	$83.7M	$144.1M	150x	as long as short
Bitget XAUUSDT	+0.0184%	4h	4,354.9	+0.024%	$69.5M	$109.7M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,353.7	−0.004%	$250K	$679K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0238%	8h	4,355.5	+0.038%	$164.9M	$281.8M	100x	as long as short
Kraken Futures PF_XAUUSDshort	+0.0269%	1h	4,351.7	−0.050%	$593K	$139K	25x
Phemex XAUUSDT	+0.0373%	4h	4,357.9	+0.094%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0391% / S −0.0197%	1h	4,355	+0.026%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0557%	4h	4,359.9	+0.139%	$2.9M	$3.9M	75x	as long as short