After costs, if the gap returns to its 7d average, $10k−$19
spread now−0.061%7d average−0.070%fees + slippage, in and out−$20spread needed0.200%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAUUSDT | 4,355.4 | 0.0142 | pay 0.0071% / 4h | 3h 43m | $419.0M | $2.04B | 100x |
| Short | Pacifica XAU | 4,352.8 | 0.0100 | get 0.0013% / 1h | 43m 49s | $1.4M | $1.3M | 10x |
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
- −$6.06
- Funding while held
- −$1.26
- Slippage, 4 orders
- −$1.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$27.28
- Spread needed to break even
- 0.200%
Slippage from Binance: live order book, 2 min ago; Pacifica: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0042%
- Per $10,000 a day
- −$1.26
- 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, 2 min ago | 0.01 bp | 5.0 bp −$5 | 5.0 bp −$50 | 6.2 bp −$622 | doesn't fit |
| Sell Pacifica live order book, 7 min ago | 0.12 bp | 4.9 bp −$5 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Injective XAU/USDC PERP | −0.115% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.074% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Extended XAU-USD | −0.072% | +0.0096% | 1h | $13.2M | $52.4M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.070% | −0.0072% | 1h | $33K | — | 25x | as long as short |
| Ondo Perps XAU-USD.P | −0.070% | +0.0050% | 1h | $14.9M | $44.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.068% | +0.0080% | 24h | $4.2M | $29.7M | 15x | as long as short |
| Pacifica XAUshort | −0.061% | +0.0100% | 1h | $1.4M | $1.3M | 10x | |
| Coinbase International GOLD-PERP-INTX | −0.061% | +0.0064% | 1h | $1.9M | $5.2M | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.051% | +0.0050% | 1h | $295.8M | $57.9M | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.042% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAUUSD | −0.037% | +0.0185% | 1h | $589K | $109K | 25x | as long as short |
| edgeX XAUUSDC | −0.037% | +0.0144% | 4h | $30.3M | $55.3M | 50x | as long as short |
| RISEx XAU/USDC | −0.030% | 0.0000% | 1h | $3.7M | $12.9M | 25x | as long as short |
| Phoenix GOLD | −0.019% | +0.0061% | 1h | $53K | $55K | 25x | as long as short |
| BloFin XAU-USDT | −0.015% | +0.0382% | 4h | $14.9M | $4.4M | 100x | as long as short |
| StandX XAU-USD | −0.012% | +0.0040% | 1h | $3.8M | $1.8M | 40x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.005% | L +0.0366% / S −0.0184% | 1h | $221K | — | 111x | as long as short |
| MEXC XAU_USDT | −0.001% | +0.0140% | 4h | $374.5M | $380.8M | 1000x | as long as short |
| Bullet GOLD-USD | −0.001% | +0.0110% | 1h | $58K | $78K | 10x | as long as short |
| Binance XAUUSDTlong | 0.000% | +0.0142% | 4h | $419.0M | $2.04B | 100x | |
| Bitget XAUUSDT | +0.005% | +0.0274% | 4h | $72.1M | $96.1M | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.006% | +0.0065% | 8h | $19K | $6K | 5x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.006% | +0.0278% | 1h | $216K | $968K | 25x | as long as short |
| Aevo XAU-PERP | +0.006% | +0.0120% | 1h | $161K | $87 | 10x | as long as short |
| QFEX GOLD-USD | +0.008% | +0.0029% | 1h | $5.4M | $2.0M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.017% | +0.0200% | 1h | $4.2M | $1.9M | 20x | as long as short |
| Lighter XAU | +0.020% | +0.0104% | 1h | $20.7M | $44.5M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.022% | +0.0220% | 8h | $157.1M | $261.3M | 100x | as long as short |
| Bybit XAUUSDT | +0.023% | +0.0179% | 4h | $82.9M | $132.5M | 150x | as long as short |
| Aster XAUUSD1 | +0.028% | +0.0114% | 4h | $66.9M | $204.7M | 20x | as long as short |
| Variational Omni XAU | +0.034% | +0.0120% | 4h | $48.0M | $44.3M | — | as long as short |
| Gate XAU_USDT | +0.036% | +0.0084% | 4h | $275.1M | $382.3M | 100x | as long as short |
| Phemex XAUUSDT | +0.042% | +0.0108% | 4h | $2.2M | $1.0M | 100x | as long as short |
| HTX XAU-USDT | +0.055% | +0.0382% | 4h | $2.4M | $2.3M | 75x | as long as short |
| Lighter RH XAU | +0.077% | +0.0168% | 1h | $19.9M | $40.0M | 25x | as long as short |
| SunX XAU-USDT | +0.100% | 0.0000% | 4h | $93K | $11.5M | 20x | as long as short |
| Vest GC-PERP | +0.807% | +0.0046% | 1h | — | $909K | 25x | as long as short |
| Bluefin GOLD-PERP | +0.924% | +0.8000% | 1h | $26K | $23K | 20x | as long as short |
Binance XAUUSDT
Pacifica XAU
Injective
gTrade (Gains Network)
Extended
Coinbase International
tradeXYZ
ApeX Omni
Kraken Futures
RISEx
Phoenix
BloFin
StandX
GMX
MEXC
Bullet
Bitget
Paradex
Deribit
Polymarket Perps
Lighter
OKX
Bybit
Aster
Variational Omni
Gate
Phemex
HTX
Lighter RH
SunX
Bluefin