After costs, if the gap returns to its 7d average, $10k−$14
spread now−0.021%7d average−0.082%fees + slippage, in and out−$20spread needed0.203%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUUSDT | 4,353.3 | 0.0123 | pay 0.0062% / 4h | 1h 44m | $416.2M | $2.03B | 100x |
| Short | Coinbase International GOLD-PERP-INTX | 4,352.4 | 0.0064 | get 0.0008% / 1h | 44m 35s | $2.0M | $5.1M | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.09
- Funding while held
- −$1.77
- Slippage, 4 orders
- −$0.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$24.11
- Spread needed to break even
- 0.203%
Slippage from Binance: live order book, 16 min ago; Coinbase International: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0059%
- Per $10,000 a day
- −$1.77
- Average in range /8h
- —
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, 16 min ago | 0.01 bp | 5.0 bp −$5 | 5.1 bp −$51 | 7.3 bp −$729 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 0.12 bp | 5.1 bp −$5 | 7.1 bp −$71 | doesn't fit | doesn't fit |
XAU price on every exchange
against the cheapest. Click to use as the short leg.XAU on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.147% | −0.0174% | 1h | $26K | $21K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.099% | +0.0050% | 1h | $14.8M | $48.0M | 25x | as long as short |
| edgeX XAUUSDC | −0.097% | +0.0131% | 4h | $30.3M | $56.9M | 50x | as long as short |
| ApeX Omni XAUUSDT | −0.081% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Extended XAU-USD | −0.075% | +0.0048% | 1h | $13.3M | $51.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.069% | +0.0045% | 24h | $4.1M | $30.4M | 15x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.068% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Injective XAU/USDC PERP | −0.066% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Pacifica XAU | −0.053% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Hotstuff GOLD-PERP | −0.051% | +0.0080% | 1h | $33K | — | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAUUSD | −0.050% | +0.0310% | 1h | $588K | $108K | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.046% | +0.0050% | 1h | $294.3M | $61.0M | 25x | as long as short |
| Phoenix GOLD | −0.030% | +0.0088% | 1h | $43K | $65K | 25x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | −0.021% | +0.0064% | 1h | $2.0M | $5.1M | 25x | |
| Deribit GOLD_USDC-PERPETUAL | −0.007% | +0.0394% | 1h | $223K | $989K | 25x | as long as short |
| RISEx XAU/USDC | −0.006% | 0.0000% | 1h | $3.6M | $12.0M | 25x | as long as short |
| BloFin XAU-USDT | −0.003% | +0.0369% | 4h | $14.9M | $4.1M | 100x | as long as short |
| Lighter XAU | −0.002% | +0.0080% | 1h | $20.8M | $45.4M | 25x | as long as short |
| Bitget XAUUSDT | −0.001% | +0.0240% | 4h | $69.2M | $107.4M | 100x | as long as short |
| Binance XAUUSDTlong | 0.000% | +0.0123% | 4h | $416.2M | $2.03B | 100x | |
| MEXC XAU_USDT | +0.003% | +0.0122% | 4h | $377.3M | $326.1M | 1000x | as long as short |
| Paradex XAU-USD-PERP | +0.006% | +0.0065% | 8h | $19K | $6K | 5x | as long as short |
| Variational Omni XAU | +0.006% | +0.0112% | 4h | $47.8M | $35.1M | — | as long as short |
| Bullet GOLD-USD | +0.007% | +0.0084% | 1h | $58K | $78K | 10x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.009% | L +0.0432% / S −0.0252% | 1h | $251K | — | 111x | as long as short |
| QFEX GOLD-USD | +0.009% | +0.0049% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.011% | +0.0209% | 1h | $4.4M | $2.2M | 20x | as long as short |
| Aevo XAU-PERP | +0.014% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| StandX XAU-USD | +0.020% | +0.0040% | 1h | $3.8M | $3.6M | 40x | as long as short |
| Aster XAUUSD1 | +0.022% | +0.0119% | 4h | $70.0M | $239.4M | 20x | as long as short |
| Bybit XAUUSDT | +0.025% | +0.0057% | 4h | $83.7M | $138.1M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.034% | +0.0256% | 8h | $156.2M | $263.7M | 100x | as long as short |
| Gate XAU_USDT | +0.038% | +0.0042% | 4h | $274.5M | $398.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.043% | +0.0274% | 4h | $2.2M | $1.1M | 100x | as long as short |
| Lighter RH XAU | +0.060% | +0.0136% | 1h | $20.1M | $42.8M | 25x | as long as short |
| HTX XAU-USDT | +0.070% | +0.0264% | 4h | $2.8M | $3.2M | 75x | as long as short |
| SunX XAU-USDT | +0.100% | 0.0000% | 4h | $93K | $11.0M | 20x | as long as short |
| Vest GC-PERP | +0.806% | +0.0046% | 1h | — | $974K | 25x | as long as short |
Binance XAUUSDT
Coinbase International GOLD-PERP-INTX
Bluefin
ApeX Omni
Extended
gTrade (Gains Network)
Injective
Pacifica
Kraken Futures
tradeXYZ
Phoenix
Deribit
RISEx
BloFin
Lighter
Bitget
MEXC
Paradex
Variational Omni
Bullet
GMX
Polymarket Perps
StandX
Aster
Bybit
OKX
Gate
Phemex
Lighter RH
HTX
SunX