After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.009%7d average−0.006%fees + slippage, in and out−$16spread needed0.163%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUUSDT | 4,354.4 | 0.0292 | pay 0.0146% / 4h | 32m 53s | $71.4M | $92.6M | 100x |
| Short | MEXC XAU_USDT | 4,354.8 | 0.0172 | get 0.0086% / 4h | 32m 53s | $369.5M | $377.9M | 1000x |
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
- $0.87
- Funding while held
- −$3.6
- Slippage, 4 orders
- −$0.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$19.06
- Spread needed to break even
- 0.163%
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0120%
- Per $10,000 a day
- −$3.60
- 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, 3 min ago | 0.01 bp | 6.3 bp −$6 | 7.4 bp −$74 | 11.4 bp −$1,139 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.03 bp | 2.0 bp −$2 | 2.0 bp −$20 | 2.3 bp −$231 | 15.8 bp −$7,923 |
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 | −0.129% | −0.0268% | 1h | $26K | $23K | 20x | as long as short |
| edgeX XAUUSDC | −0.105% | +0.0176% | 4h | $30.3M | $52.5M | 50x | as long as short |
| Ondo Perps XAU-USD.P | −0.096% | +0.0050% | 1h | $14.8M | $42.5M | 25x | as long as short |
| Injective XAU/USDC PERP | −0.091% | +0.0033% | 1h | $619 | $72K | 52x | as long as short |
| Hotstuff GOLD-PERP | −0.082% | +0.0064% | 1h | $33K | — | 25x | as long as short |
| Extended XAU-USD | −0.080% | +0.0072% | 1h | $13.3M | $52.4M | 25x | as long as short |
| Phoenix GOLD | −0.080% | +0.0107% | 1h | $52K | $54K | 25x | as long as short |
| Phemex XAUUSDT | −0.073% | 0.0000% | 4h | $2.2M | $991K | 100x | as long as short |
| ApeX Omni XAUUSDT | −0.071% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| tradeXYZ xyz:GOLD | −0.066% | +0.0050% | 1h | $294.2M | $55.3M | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | −0.062% | +0.0122% | 24h | $4.2M | $29.3M | 15x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.058% | L +0.0002% / S −0.0001% | 1h | $187K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.055% | +0.0104% | 1h | $2.0M | $4.9M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.040% | +0.0301% | 1h | $589K | $106K | 25x | as long as short |
| Pacifica XAU | −0.034% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Variational Omni XAU | −0.024% | +0.0157% | 4h | $47.1M | $42.0M | — | as long as short |
| Aster XAUUSD1 | −0.010% | +0.0159% | 4h | $69.1M | $161.8M | 20x | as long as short |
| Binance XAUUSDT | −0.007% | +0.0173% | 4h | $419.3M | $1.95B | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.006% | +0.0072% | 1h | $200K | $929K | 25x | as long as short |
| OKX XAU-USDT-SWAP | −0.004% | +0.0254% | 8h | $159.5M | $254.0M | 100x | as long as short |
| Bitget XAUUSDTlong | 0.000% | +0.0292% | 4h | $71.4M | $92.6M | 100x | |
| Bybit XAUUSDT | +0.003% | +0.0109% | 4h | $82.4M | $128.0M | 150x | as long as short |
| QFEX GOLD-USD | +0.003% | +0.0051% | 1h | $5.4M | $1.9M | 20x | as long as short |
| Aevo XAU-PERP | +0.006% | +0.0128% | 1h | $161K | $87 | 10x | as long as short |
| Paradex XAU-USD-PERP | +0.008% | +0.0070% | 8h | $19K | $6K | 5x | as long as short |
| RISEx XAU/USDC | +0.009% | 0.0000% | 1h | $3.7M | $12.0M | 25x | as long as short |
| MEXC XAU_USDTshort | +0.009% | +0.0172% | 4h | $369.5M | $377.9M | 1000x | |
| Lighter XAU | +0.009% | +0.0080% | 1h | $20.7M | $44.7M | 25x | as long as short |
| Bullet GOLD-USD | +0.010% | +0.0121% | 1h | $59K | $78K | 10x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.010% | L +0.0362% / S −0.0175% | 1h | $221K | — | 111x | as long as short |
| BloFin XAU-USDT | +0.011% | +0.0413% | 4h | $15.4M | $4.3M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.030% | +0.0208% | 1h | $4.1M | $1.8M | 20x | as long as short |
| StandX XAU-USD | +0.044% | +0.0040% | 1h | $3.8M | $1.6M | 40x | as long as short |
| Gate XAU_USDT | +0.045% | +0.0048% | 4h | $276.4M | $368.1M | 100x | as long as short |
| Lighter RH XAU | +0.066% | +0.0080% | 1h | $19.7M | $39.3M | 25x | as long as short |
| HTX XAU-USDT | +0.094% | +0.0378% | 4h | $2.4M | $2.1M | 75x | as long as short |
| SunX XAU-USDT | +0.101% | 0.0000% | 4h | $93K | $11.1M | 20x | as long as short |
| Vest GC-PERP | +0.832% | +0.0046% | 1h | — | $789K | 25x | as long as short |
Bitget XAUUSDT
MEXC XAU_USDT
Bluefin
Injective
Extended
Phoenix
Phemex
ApeX Omni
tradeXYZ
gTrade (Gains Network)
Coinbase International
Kraken Futures
Pacifica
Variational Omni
Aster
Binance
Deribit
OKX
Bybit
Paradex
RISEx
Lighter
Bullet
GMX
BloFin
Polymarket Perps
StandX
Gate
Lighter RH
HTX
SunX