XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.51 per $10,000 · paid last 24h −0.024%

Price spread now: Gate against Binance+0.059%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.119%−$12 on $10k

Price spread, last 2 days (all we have)−0.034%−$3 · spread now +0.059%, 7d avg +0.030%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.029% dearer against Binance than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.030%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XAUUSDT	4,356.3	0.0101	pay 0.0051% / 4h	2h 16m	$409.3M	$2.09B	100x
Short	Gate XAU_USDT	4,358.9	0	get 0.0000% / 4h	2h 16m	$263.4M	$413.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.059%Rate

Funding earned: −$21.28
Price spread: +0.059% → +0.030%: $2.95
Slippage, 4 orders: −$1.21
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$44.54
Costs to cover: 0.262%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Gate: 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 Binance live order book, 13 min ago	0.01 bp	5.0 bp −$5	5.1 bp −$51	7.1 bp −$711	doesn't fit
Sell Gate live order book, 3 min ago	0.01 bp	7.5 bp −$8	8.3 bp −$83	12.5 bp −$1,246	14.2 bp −$7,094

XAU on 38 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
Gate XAU_USDTshort	0.0000%	4h	4,358.9	+0.059%	$263.4M	$413.4M	100x
SunX XAU-USDT	0.0000%	4h	4,362.2	+0.135%	$93K	$9.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,353	−0.076%	$270K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0024%	1h	4,355.8	−0.011%	$33K	—	25x	as long as short
Aster XAUUSD1	+0.0030%	4h	4,356.4	+0.003%	$70.4M	$295.9M	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,353	−0.076%	$13.5M	$41.8M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.135%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0034%	24h	4,354.8	−0.034%	$4.1M	$35.9M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,358.4	+0.048%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,391.7	+0.813%	—	$1.0M	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,354.9	−0.032%	$294.3M	$48.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,354.7	−0.037%	$14.9M	$57.9M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,357.3	+0.023%	$5.6M	$1.9M	20x	as long as short
Lighter XAU	+0.0056%	1h	4,355	−0.029%	$20.7M	$43.7M	25x	as long as short
Lighter RH XAU	+0.0064%	1h	4,357.5	+0.028%	$20.1M	$41.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,353.8	−0.057%	$2.0M	$5.0M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0073%	1h	4,357.1	+0.019%	$4.3M	$1.9M	20x	as long as short
Variational Omni XAU	+0.0078%	4h	4,359	+0.063%	$48.3M	$28.1M	—	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,357.3	+0.024%	$19K	$5K	5x	as long as short
Pacifica XAU	+0.0100%	1h	4,355	−0.030%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,356.3	−0.001%	$375.7M	$323.6M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,358.5	+0.050%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,350.6	−0.131%	$25K	$14K	20x	as long as short
Binance XAUUSDTlong	+0.0101%	4h	4,356.3	long leg	$409.3M	$2.09B	100x
Aevo XAU-PERP	+0.0104%	1h	4,356.5	+0.006%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,353.3	−0.068%	$30.3M	$59.9M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0116%	4h	4,360	+0.085%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,356.9	+0.014%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,357.6	+0.031%	$3.4M	$12.4M	25x	as long as short
Bullet GOLD-USD	+0.0165%	1h	4,357.7	+0.032%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0174%	4h	4,357.3	+0.023%	$84.0M	$143.7M	150x	as long as short
Bitget XAUUSDT	+0.0182%	4h	4,356.8	+0.011%	$69.4M	$109.6M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0237%	8h	4,358	+0.039%	$164.8M	$281.5M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,354.4	−0.043%	$594K	$139K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0301%	1h	4,355.4	−0.020%	$242K	$672K	25x	as long as short
Phemex XAUUSDT	+0.0341%	4h	4,359.2	+0.068%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0391% / S −0.0197%	1h	4,357.2	+0.021%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0547%	4h	4,363.9	+0.175%	$2.9M	$3.9M	75x	as long as short