XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0112%/8h= +12.2% APRnext payment +$0.14 per $10,000 · paid last 24h +0.013%

Price spread now: Polymarket Perps against Aevo+0.013%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$400.401% of the position

Long on Aevo Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.013%, 7d avg −0.050%

Together, before fees−0.181%−$18 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 Polymarket Perps is 0.063% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XAU-PERP	4,319.6	0.0104	pay 0.0013% / 1h	51m 17s	$160K	$87	10x
Short	Polymarket Perps GOLD-USD	4,320.2	0.0216	get 0.0027% / 1h	51m 17s	$4.2M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.013%Rate

Funding earned: $23.42
Price spread: +0.013% → −0.050%: $6.3
Slippage, 4 orders: −$16.07
Fee Aevo: 8 bp × 2 orders: −$16
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$10.35
Costs to cover: 0.401%
Break-even: 10.1 days

Slippage from Aevo: live order book, 58 min ago; Polymarket Perps: live order book, 3 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, 58 min ago	5.21 bp	14.9 bp −$15	29.2 bp −$292	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	0.12 bp	4.6 bp −$5	5.7 bp −$57	6.2 bp −$621	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
Bluefin GOLD-PERP	−0.0037%	1h	4,314.2	−0.126%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,324.4	+0.109%	$92K	$8.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,316.4	−0.076%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0006%	4h	4,321.2	+0.037%	$77.3M	$157.3M	150x	as long as short
Extended XAU-USD	+0.0032%	1h	4,316.4	−0.075%	$13.1M	$36.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.713%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,325	+0.124%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,319.4	−0.005%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,353.3	+0.779%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,318.6	−0.023%	$20.3M	$30.1M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,317.5	−0.049%	$291.3M	$51.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,316.4	−0.074%	$15.0M	$55.9M	25x	as long as short
Hotstuff GOLD-PERP	+0.0064%	1h	4,319.8	+0.004%	$32K	—	25x	as long as short
Kalshi KXGOLDPERP	+0.0069%	24h	4,324.7	+0.117%	$3.9M	$42.9M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,320.4	+0.018%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0072%	8h	4,320.1	+0.010%	$19K	$5K	5x	as long as short
Gate XAU_USDT	+0.0078%	4h	4,322.3	+0.062%	$273.6M	$407.6M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0080%	4h	4,323.7	+0.095%	$1.4M	$3.0M	25x	as long as short
Aster XAUUSD1	+0.0080%	4h	4,321.2	+0.037%	$72.4M	$314.0M	20x	as long as short
Variational Omni XAU	+0.0089%	4h	4,326.3	+0.154%	$47.1M	$29.2M	—	as long as short
MEXC XAU_USDT	+0.0098%	4h	4,320.3	+0.015%	$361.0M	$325.3M	1000x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,320.5	+0.021%	$413.2M	$2.13B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,320.2	+0.013%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,316.2	−0.080%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.8	+0.004%	$272K	$208K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,321.3	+0.039%	$19.8M	$38.3M	25x	as long as short
Aevo XAU-PERPlong	+0.0104%	1h	4,319.6	long leg	$160K	$87	10x
edgeX XAUUSDC	+0.0105%	4h	4,319.3	−0.008%	$30.1M	$60.8M	50x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,317.2	−0.057%	$588K	$130K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,321.8	+0.050%	$4.2M	$12.8M	25x	as long as short
Bullet GOLD-USD	+0.0200%	1h	4,320.5	+0.021%	$59K	$81K	10x	as long as short
HTX XAU-USDT	+0.0211%	4h	4,326.2	+0.153%	$2.8M	$4.9M	75x	as long as short
Polymarket Perps GOLD-USDshort	+0.0216%	1h	4,320.2	+0.013%	$4.2M	$1.9M	20x
Bitget XAUUSDT	+0.0236%	4h	4,320.7	+0.025%	$67.9M	$119.2M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0316%	8h	4,321.2	+0.036%	$170.2M	$296.4M	100x	as long as short
BloFin XAU-USDT	+0.0339%	4h	4,323.3	+0.084%	$16.1M	$4.4M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0375%	1h	4,319.5	−0.003%	$193K	$830K	25x	as long as short
Phemex XAUUSDT	+0.0400%	4h	4,326.8	+0.165%	$2.2M	$961K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,320.5	+0.021%	$252K	—	111x	as long as short