Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.020%
Price spread now: tradeXYZ against Aevo−0.047%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.047%, 7d avg −0.074%
=Together, before fees−0.163%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.026% dearer against Aevo than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.074%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAU-PERP | 4,356.4 | 0.0096 | pay 0.0012% / 1h | 21m 22s | $161K | $87 | 10x |
| Short | tradeXYZ xyz:GOLD | 4,354.3 | 0.0050 | get 0.0006% / 1h | 21m 22s | $294.2M | $48.7M | 25x |
Aevo XAU-PERP
tradeXYZ xyz:GOLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.66
- Price spread: −0.047% → −0.074%
- $2.65
- Slippage, 4 orders
- −$15.91
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$56.92
- Costs to cover
- 0.499%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 42 min ago; tradeXYZ: live order book, 7 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, 42 min ago | 5.99 bp | 15.9 bp −$16 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.12 bp | 9.3 bp −$9 | 10.1 bp −$101 | 11.4 bp −$1,138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,361.9 | +0.127% | $93K | $9.2M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,353.4 | −0.067% | $267K | — | 250x | as long as short |
| Gate XAU_USDT | +0.0004% | 4h | 4,358.8 | +0.055% | $265.1M | $413.6M | 100x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,357.7 | +0.031% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,353.4 | −0.067% | $13.6M | $38.8M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.136% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0039% | 24h | 4,356.8 | +0.010% | $4.1M | $37.1M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,358 | +0.038% | $3.8M | $4.6M | 40x | as long as short |
| Aster XAUUSD1 | +0.0044% | 4h | 4,358.2 | +0.043% | $70.6M | $333.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,391 | +0.795% | — | $1.0M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Gate XAU_USDT
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USD
Aster XAUUSD1
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0046% | 1h | 4,357.2 | +0.019% | $5.6M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,354.8 | −0.036% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLDshort | +0.0050% | 1h | 4,354.3 | −0.047% | $294.2M | $48.7M | 25x | |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,354.4 | −0.045% | $15.1M | $57.1M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,358.9 | +0.058% | $1.4M | $3.0M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,357.3 | +0.023% | $20.7M | $42.3M | 25x | as long as short |
| Variational Omni XAU | +0.0057% | 4h | 4,355.6 | −0.016% | $48.3M | $27.9M | — | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,359.5 | +0.072% | $20.2M | $39.7M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0064% | 1h | 4,355 | −0.031% | $33K | — | 25x | as long as short |
| MEXC XAU_USDT | +0.0072% | 4h | 4,357.4 | +0.024% | $373.3M | $319.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0073% | 4h | 4,357.3 | +0.021% | $412.0M | $2.10B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0079% | 8h | 4,358.3 | +0.044% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0090% | 4h | 4,351.8 | −0.106% | $30.3M | $58.4M | 50x | as long as short |
| Aevo XAU-PERPlong | +0.0096% | 1h | 4,356.4 | long leg | $161K | $87 | 10x | |
| Pacifica XAU | +0.0100% | 1h | 4,354.6 | −0.040% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,357.1 | +0.016% | $275K | $203K | 50x | as long as short |
| Phemex XAUUSDT | +0.0121% | 4h | 4,358.5 | +0.049% | $2.2M | $1.1M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0122% | 1h | 4,356.6 | +0.006% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,356.1 | −0.006% | $48K | $77K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0186% | 1h | 4,355.7 | −0.015% | $254K | $751K | 25x | as long as short |
| Bullet GOLD-USD | +0.0198% | 1h | 4,357.5 | +0.027% | $60K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0201% | 4h | 4,358.9 | +0.058% | $84.5M | $145.4M | 150x | as long as short |
| Bitget XAUUSDT | +0.0212% | 4h | 4,357.6 | +0.029% | $70.3M | $109.5M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0254% | 8h | 4,358.7 | +0.054% | $165.4M | $283.2M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,354.6 | −0.040% | $594K | $133K | 25x | as long as short |
| BloFin XAU-USDT | +0.0292% | 4h | 4,358.7 | +0.053% | $15.6M | $4.6M | 100x | as long as short |
| Bluefin GOLD-PERP | +0.0331% | 1h | 4,351.3 | −0.117% | $25K | $14K | 20x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0401% / S −0.0214% | 1h | 4,357.5 | +0.027% | $249K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0567% | 4h | 4,363.4 | +0.162% | $2.9M | $4.2M | 75x | as long as short |
QFEX GOLD-USD
Coinbase International GOLD-PERP-INTX
Ondo Perps XAU-USD.P
GRVT XAU_USDT_Perp
Lighter XAU
Variational Omni XAU
Lighter RH XAU
Hotstuff GOLD-PERP
MEXC XAU_USDT
Binance XAUUSDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Pacifica XAU
ApeX Omni XAUUSDT
Phemex XAUUSDT
Polymarket Perps GOLD-USD
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Bluefin GOLD-PERP
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT