After costs, if the gap returns to its 7d average, $10k−$6
spread now+0.056%7d average−0.026%fees + slippage, in and out−$14spread needed0.141%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUUSDT | 4,357.5 | 0.0272 | pay 0.0136% / 4h | 3h 37m | $72.4M | $97.1M | 100x |
| Short | Lighter RH XAU | 4,359.9 | 0.0144 | get 0.0018% / 1h | 37m 38s | $19.9M | $40.4M | 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
- $5.55
- Funding while held
- −$3.84
- Slippage, 4 orders
- −$2.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$12.41
- Spread needed to break even
- 0.141%
Slippage from Bitget: live order book, 8 min ago; Lighter RH: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0128%
- Per $10,000 a day
- −$3.84
- 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 Bitget live order book, 8 min ago | 0.01 bp | 6.0 bp −$6 | 6.4 bp −$64 | 12.0 bp −$1,196 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 0.99 bp | 1.0 bp −$1 | 1.1 bp −$11 | 3.7 bp −$367 | 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 | −0.162% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Bluefin GOLD-PERP | −0.132% | +0.8000% | 1h | $26K | $23K | 20x | as long as short |
| ApeX Omni XAUUSDT | −0.092% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Ondo Perps XAU-USD.P | −0.083% | +0.0050% | 1h | $14.9M | $45.0M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.082% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Extended XAU-USD | −0.075% | +0.0088% | 1h | $13.2M | $52.4M | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.063% | +0.0050% | 1h | $295.9M | $58.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.063% | +0.0056% | 1h | $33K | — | 25x | as long as short |
| edgeX XAUUSDC | −0.060% | +0.0145% | 4h | $30.3M | $55.6M | 50x | as long as short |
| Kraken Futures PF_XAUUSD | −0.055% | +0.0185% | 1h | $590K | $109K | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix GOLD | −0.054% | +0.0061% | 1h | $43K | $55K | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.043% | +0.0077% | 24h | $4.2M | $29.8M | 15x | as long as short |
| Pacifica XAU | −0.038% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| RISEx XAU/USDC | −0.030% | 0.0000% | 1h | $3.7M | $12.9M | 25x | as long as short |
| Variational Omni XAU | −0.025% | +0.0119% | 4h | $48.0M | $44.3M | — | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.024% | +0.0232% | 1h | $216K | $970K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.013% | L +0.0367% / S −0.0185% | 1h | $222K | — | 111x | as long as short |
| Bullet GOLD-USD | −0.013% | +0.0101% | 1h | $58K | $78K | 10x | as long as short |
| Binance XAUUSDT | −0.010% | +0.0139% | 4h | $418.6M | $2.05B | 100x | as long as short |
| MEXC XAU_USDT | −0.010% | +0.0138% | 4h | $374.2M | $381.7M | 1000x | as long as short |
| Lighter XAU | −0.005% | +0.0096% | 1h | $20.7M | $44.6M | 25x | as long as short |
| Phemex XAUUSDT | −0.004% | 0.0000% | 4h | $2.2M | $1.0M | 100x | as long as short |
| QFEX GOLD-USD | −0.004% | +0.0029% | 1h | $5.4M | $2.0M | 20x | as long as short |
| Aevo XAU-PERP | −0.001% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bitget XAUUSDTlong | 0.000% | +0.0272% | 4h | $72.4M | $97.1M | 100x | |
| Paradex XAU-USD-PERP | 0.000% | +0.0063% | 8h | $19K | $6K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.001% | +0.0064% | 1h | $1.9M | $5.2M | 25x | as long as short |
| BloFin XAU-USDT | +0.007% | +0.0380% | 4h | $15.0M | $4.4M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.008% | +0.0191% | 1h | $4.2M | $1.9M | 20x | as long as short |
| Aster XAUUSD1 | +0.014% | +0.0110% | 4h | $66.4M | $217.9M | 20x | as long as short |
| Bybit XAUUSDT | +0.014% | +0.0096% | 4h | $83.2M | $132.9M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.024% | +0.0220% | 8h | $157.0M | $261.4M | 100x | as long as short |
| Gate XAU_USDT | +0.028% | +0.0044% | 4h | $275.2M | $384.1M | 100x | as long as short |
| Lighter RH XAUshort | +0.056% | +0.0144% | 1h | $19.9M | $40.4M | 25x | |
| StandX XAU-USD | +0.056% | +0.0040% | 1h | $3.8M | $1.8M | 40x | as long as short |
| HTX XAU-USDT | +0.061% | +0.0330% | 4h | $2.4M | $2.3M | 75x | as long as short |
| SunX XAU-USDT | +0.077% | 0.0000% | 4h | $93K | $11.5M | 20x | as long as short |
| Vest GC-PERP | +0.825% | +0.0046% | 1h | — | $929K | 25x | as long as short |
Bitget XAUUSDT
Lighter RH XAU
Injective
Bluefin
ApeX Omni
gTrade (Gains Network)
Extended
tradeXYZ
Kraken Futures
Phoenix
Pacifica
RISEx
Variational Omni
Deribit
GMX
Bullet
Binance
MEXC
Lighter
Phemex
Paradex
Coinbase International
BloFin
Polymarket Perps
Aster
Bybit
OKX
Gate
StandX
HTX
SunX