XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0107%/8h= −11.7% APRnext payment −$0.53 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against Binance+0.025%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$210.215% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days−0.009%−$1 · spread now +0.025%, 7d avg +0.015%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAUUSDT	4,332.1	0.0107	pay 0.0053% / 4h	2h 04m	$414.2M	$2.12B	100x
Short	Bybit XAUUSDT	4,333.2	0	get 0.0000% / 4h	2h 04m	$78.4M	$156.4M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$22.46
Price spread: +0.025% → +0.015%: $1.06
Slippage, 4 orders: −$0.47
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$42.87
Costs to cover: 0.215%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 5 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, 10 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	6.7 bp −$667	doesn't fit
Sell Bybit live order book, 5 min ago	0.01 bp	5.5 bp −$6	6.2 bp −$62	12.4 bp −$1,242	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
Bybit XAUUSDTshort	0.0000%	4h	4,333.2	+0.025%	$78.4M	$156.4M	150x
SunX XAU-USDT	0.0000%	4h	4,336.1	+0.093%	$92K	$8.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,329	−0.072%	$271K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,328.1	−0.092%	$13.1M	$36.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.424%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,334.9	+0.066%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,331.2	−0.020%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,365.2	+0.765%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,330.7	−0.032%	$20.4M	$31.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,328.7	−0.078%	$291.9M	$51.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,327.6	−0.102%	$15.0M	$56.4M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,333.2	+0.026%	$3.8M	$12.5M	25x	as long as short
Gate XAU_USDT	+0.0062%	4h	4,333.8	+0.039%	$270.7M	$419.7M	100x	as long as short
Hotstuff GOLD-PERP	+0.0064%	1h	4,328.8	−0.075%	$32K	—	25x	as long as short
Kalshi KXGOLDPERP	+0.0064%	24h	4,334.5	+0.056%	$4.0M	$42.3M	15x	as long as short
Paradex XAU-USD-PERP	+0.0070%	8h	4,331.9	−0.003%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0072%	1h	4,333.4	+0.031%	$19.9M	$39.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,332	−0.001%	$2.0M	$4.8M	25x	as long as short
Aster XAUUSD1	+0.0091%	4h	4,333.2	+0.027%	$72.4M	$329.7M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0098%	4h	4,336.1	+0.093%	$1.4M	$3.0M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,328.3	−0.087%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,333.2	+0.025%	$273K	$208K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,326.3	−0.134%	$25K	$14K	20x	as long as short
Variational Omni XAU	+0.0101%	4h	4,334.6	+0.058%	$46.8M	$28.7M	—	as long as short
Binance XAUUSDTlong	+0.0107%	4h	4,332.1	long leg	$414.2M	$2.12B	100x
MEXC XAU_USDT	+0.0108%	4h	4,332	−0.002%	$364.5M	$331.4M	1000x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,332.5	+0.010%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0121%	4h	4,331.7	−0.009%	$30.1M	$60.5M	50x	as long as short
Phoenix GOLD	+0.0127%	1h	4,332.8	+0.017%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0158%	1h	4,332.3	+0.006%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0174%	1h	4,332	−0.001%	$4.2M	$2.0M	20x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0212%	1h	4,331.3	−0.018%	$195K	$826K	25x	as long as short
HTX XAU-USDT	+0.0222%	4h	4,336.6	+0.105%	$2.8M	$5.0M	75x	as long as short
Bitget XAUUSDT	+0.0246%	4h	4,332.2	+0.003%	$68.1M	$119.0M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0247%	1h	4,329.6	−0.056%	$590K	$130K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0326%	8h	4,332.5	+0.010%	$170.5M	$297.2M	100x	as long as short
Phemex XAUUSDT	+0.0370%	4h	4,334.2	+0.050%	$2.2M	$962K	100x	as long as short
BloFin XAU-USDT	+0.0381%	4h	4,332.4	+0.007%	$16.0M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0305%	1h	4,332.4	+0.007%	$253K	—	111x	as long as short