XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against Binance−0.050%71s7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs+$12as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.220% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.345%+$34 on $10k

Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.050%, 7d avg +0.006%

Together, before fees+0.412%+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.057% cheaper against Binance than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.006%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$7 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAUUSDT	4,325.3	0.0100	pay 0.0050% / 4h	48m 06s	$425.6M	$2.14B	100x
Short	BloFin XAU-USDT	4,323.1	0.0340	get 0.0170% / 4h	48m 06s	$16.4M	$4.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.050%Rate

Funding earned: $50.44
Price spread: −0.050% → +0.006%: −$5.66
Slippage, 4 orders: −$0.05
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $22.73
Costs to cover: 0.220%
Break-even: 3.8 days

Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 6 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 Binance live order book, 11 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	6.6 bp −$657	doesn't fit
Sell BloFin live order book, 6 min ago	0.01 bp	6.0 bp −$6	6.1 bp −$61	7.7 bp −$767	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	−0.0104%	1h	4,317.4	−0.183%	$25K	$1K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,330.2	+0.113%	$92K	$7.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,321.5	−0.088%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0027%	4h	4,326.4	+0.027%	$77.0M	$152.9M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.582%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,324.1	−0.027%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,323.4	−0.043%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,357.1	+0.736%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,321.6	−0.084%	$291.8M	$51.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,321.1	−0.097%	$15.0M	$55.7M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XAUUSD1	+0.0061%	4h	4,326.8	+0.035%	$72.9M	$272.7M	20x	as long as short
Lighter XAU	+0.0064%	1h	4,324.6	−0.015%	$20.3M	$28.9M	25x	as long as short
Hotstuff GOLD-PERP	+0.0064%	1h	4,320.3	−0.114%	$32K	—	25x	as long as short
Paradex XAU-USD-PERP	+0.0070%	8h	4,323.4	−0.043%	$2K	$14K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,323	−0.052%	$2.1M	$4.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0088%	24h	4,325.6	+0.008%	$3.8M	$44.5M	15x	as long as short
Variational Omni XAU	+0.0092%	4h	4,321	−0.098%	$47.3M	$29.0M	—	as long as short
Phoenix GOLD	+0.0096%	1h	4,319.3	−0.138%	$47K	$79K	25x	as long as short
Gate XAU_USDT	+0.0098%	4h	4,326.9	+0.039%	$279.7M	$410.9M	100x	as long as short
MEXC XAU_USDT	+0.0098%	4h	4,325.6	+0.009%	$365.0M	$325.4M	1000x	as long as short
Binance XAUUSDTlong	+0.0100%	4h	4,325.3	long leg	$425.6M	$2.14B	100x
Pacifica XAU	+0.0100%	1h	4,321.1	−0.096%	$1.4M	$1.2M	10x	as long as short
GRVT XAU_USDT_Perp	+0.0100%	4h	4,323.9	−0.031%	$1.4M	$3.0M	25x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,318.5	−0.157%	$272K	$208K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,324.5	−0.018%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0106%	4h	4,317.6	−0.178%	$30.0M	$59.6M	50x	as long as short
Lighter RH XAU	+0.0120%	1h	4,327.3	+0.047%	$20.0M	$38.7M	25x	as long as short
Extended XAU-USD	+0.0160%	1h	4,321.5	−0.087%	$13.1M	$36.7M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0166%	1h	4,324.1	−0.027%	$163K	$865K	25x	as long as short
Bitget XAUUSDT	+0.0202%	4h	4,325.3	+0.001%	$70.3M	$119.1M	100x	as long as short
Bullet GOLD-USD	+0.0205%	1h	4,325.5	+0.006%	$59K	$80K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,325.2	−0.001%	$4.3M	$2.0M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,322.4	−0.065%	$578K	$136K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0287%	8h	4,325.9	+0.015%	$173.7M	$301.2M	100x	as long as short
BloFin XAU-USDTshort	+0.0340%	4h	4,323.1	−0.050%	$16.4M	$4.6M	100x
HTX XAU-USDT	+0.0370%	4h	4,330.1	+0.113%	$3.2M	$5.9M	75x	as long as short
Phemex XAUUSDT	+0.0376%	4h	4,327	+0.039%	$2.2M	$974K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0308%	1h	4,325.7	+0.010%	$253K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,326	+0.017%	$4.4M	$13.3M	25x	as long as short