XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.40 per $10,000 · paid last 24h −0.050%

Price spread now: Gate against Bitget+0.049%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.190%−$19 on $10k

Price spread, last 7 days−0.009%−$1 · spread now +0.049%, 7d avg +0.021%

Together, before fees−0.199%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.028% dearer against Bitget than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,315.3	0.0190	pay 0.0095% / 4h	16m 59s	$70.2M	$120.8M	100x
Short	Gate XAU_USDT	4,317.4	0.0110	get 0.0055% / 4h	16m 59s	$285.8M	$424.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.049%Rate

Funding earned: −$16.8
Price spread: +0.049% → +0.021%: $2.77
Slippage, 4 orders: −$0.2
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$41.23
Costs to cover: 0.272%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 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 Bitget live order book, 2 min ago	0.01 bp	6.0 bp −$6	7.3 bp −$73	10.7 bp −$1,066	doesn't fit
Sell Gate live order book, 2 min ago	0.01 bp	7.6 bp −$8	9.2 bp −$92	13.1 bp −$1,313	14.4 bp −$7,210

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
SunX XAU-USDT	0.0000%	4h	4,319.8	+0.104%	$92K	$7.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,311.4	−0.090%	$269K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.814%	$619	$54	52x	as long as short
Hotstuff GOLD-PERP	+0.0040%	1h	4,313.3	−0.046%	$32K	—	25x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,314.5	−0.019%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,347.8	+0.753%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,311.7	−0.083%	$290.7M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,311.9	−0.078%	$15.0M	$55.3M	25x	as long as short
StandX XAU-USD	+0.0056%	1h	4,319.2	+0.090%	$3.8M	$4.5M	40x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,316.5	+0.027%	$72.9M	$272.1M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin GOLD-PERP	+0.0062%	1h	4,309.4	−0.137%	$25K	$1K	20x	as long as short
Bybit XAUUSDT	+0.0062%	4h	4,316	+0.016%	$77.7M	$154.3M	150x	as long as short
Paradex XAU-USD-PERP	+0.0063%	8h	4,314.8	−0.013%	$2K	$14K	5x	as long as short
Lighter XAU	+0.0072%	1h	4,314.4	−0.021%	$20.3M	$30.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,312.3	−0.070%	$2.0M	$5.1M	25x	as long as short
Variational Omni XAU	+0.0095%	4h	4,317.1	+0.042%	$47.1M	$29.1M	—	as long as short
Kalshi KXGOLDPERP	+0.0096%	24h	4,317	+0.039%	$3.6M	$45.0M	15x	as long as short
Phoenix GOLD	+0.0096%	1h	4,314.7	−0.014%	$42K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,311.6	−0.086%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,315.1	−0.004%	$272K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,316.9	+0.037%	$20.0M	$39.8M	25x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,314.8	−0.012%	$160K	$87	10x	as long as short
MEXC XAU_USDT	+0.0106%	4h	4,315.8	+0.011%	$363.6M	$334.8M	1000x	as long as short
Binance XAUUSDT	+0.0108%	4h	4,315.3	−0.001%	$428.0M	$2.15B	100x	as long as short
GRVT XAU_USDT_Perp	+0.0110%	4h	4,316.3	+0.023%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDTshort	+0.0110%	4h	4,317.4	+0.049%	$285.8M	$424.2M	100x
Extended XAU-USD	+0.0112%	1h	4,311.4	−0.091%	$13.2M	$36.8M	25x	as long as short
edgeX XAUUSDC	+0.0126%	4h	4,311.5	−0.088%	$30.0M	$60.3M	50x	as long as short
Bitget XAUUSDTlong	+0.0190%	4h	4,315.3	long leg	$70.2M	$120.8M	100x
Bullet GOLD-USD	+0.0204%	1h	4,316	+0.016%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,315.6	+0.007%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,313	−0.053%	$574K	$138K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0260%	1h	4,314.4	−0.021%	$162K	$878K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0269%	8h	4,315.6	+0.007%	$174.8M	$303.4M	100x	as long as short
BloFin XAU-USDT	+0.0348%	4h	4,315.9	+0.013%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0418%	4h	4,319.8	+0.103%	$2.2M	$977K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0464% / S −0.0311%	1h	4,315.8	+0.012%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0507%	4h	4,323.7	+0.195%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,315.2	−0.003%	$4.5M	$13.4M	25x	as long as short