XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0202%/8h= −22.1% APRnext payment −$1.01 per $10,000 · paid last 24h −0.063%

Price spread now: SunX against Bitget+0.093%50s7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$780.781% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.249%−$25 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.093%, 7d avg +0.091%

Together, before fees−0.231%−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,322.4	0.0202	pay 0.0101% / 4h	50m 27s	$70.1M	$118.8M	100x
Short	SunX XAU-USDT	4,326.4	0	get 0.0000% / 4h	50m 27s	$92K	$7.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$42.42
Price spread: +0.093% → +0.091%: $0.27
Slippage, 4 orders: −$58.13
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$120.28
Costs to cover: 0.781%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago	0.01 bp	6.0 bp −$6	6.8 bp −$68	11.9 bp −$1,193	doesn't fit
Sell SunX live order book, 9 min ago	26.55 bp	35.5 bp −$36	doesn't fit	doesn't fit	doesn't fit

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
Bluefin GOLD-PERP	−0.0026%	1h	4,315	−0.170%	$25K	$1K	20x	as long as short
SunX XAU-USDTshort	0.0000%	4h	4,326.4	+0.093%	$92K	$7.4M	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,317.8	−0.106%	$270K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0024%	1h	4,318	−0.101%	$32K	—	25x	as long as short
Bybit XAUUSDT	+0.0027%	4h	4,323	+0.015%	$76.9M	$153.2M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.649%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.2	+0.019%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,322	−0.008%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,354.5	+0.744%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,318.8	−0.082%	$291.6M	$51.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,318.4	−0.092%	$15.0M	$55.7M	25x	as long as short
Aster XAUUSD1	+0.0060%	4h	4,324	+0.038%	$72.7M	$272.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0071%	8h	4,321.8	−0.014%	$2K	$14K	5x	as long as short
Lighter XAU	+0.0072%	1h	4,321.4	−0.022%	$20.3M	$28.9M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,317.8	−0.105%	$2.1M	$4.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0087%	24h	4,323.3	+0.022%	$3.8M	$44.4M	15x	as long as short
Variational Omni XAU	+0.0092%	4h	4,321	−0.031%	$47.3M	$29.0M	—	as long as short
Phoenix GOLD	+0.0096%	1h	4,320.8	−0.036%	$47K	$79K	25x	as long as short
MEXC XAU_USDT	+0.0098%	4h	4,322.4	+0.001%	$364.1M	$325.0M	1000x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,322.4	+0.001%	$425.3M	$2.14B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,318.7	−0.084%	$1.4M	$1.2M	10x	as long as short
Gate XAU_USDT	+0.0100%	4h	4,323.9	+0.037%	$279.4M	$410.3M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0100%	4h	4,323.9	+0.036%	$1.4M	$3.0M	25x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,316.9	−0.127%	$272K	$208K	50x	as long as short
edgeX XAUUSDC	+0.0102%	4h	4,317.9	−0.104%	$30.0M	$59.5M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,321	−0.030%	$160K	$87	10x	as long as short
Lighter RH XAU	+0.0136%	1h	4,324.1	+0.040%	$20.0M	$38.7M	25x	as long as short
Extended XAU-USD	+0.0160%	1h	4,318.5	−0.090%	$13.1M	$36.8M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0167%	1h	4,320.5	−0.043%	$163K	$864K	25x	as long as short
Bitget XAUUSDTlong	+0.0202%	4h	4,322.4	long leg	$70.1M	$118.8M	100x
Bullet GOLD-USD	+0.0207%	1h	4,322.8	+0.010%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0221%	1h	4,322.6	+0.006%	$4.3M	$2.0M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,319.4	−0.068%	$577K	$136K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0289%	8h	4,322.8	+0.010%	$173.4M	$300.5M	100x	as long as short
BloFin XAU-USDT	+0.0339%	4h	4,322.3	−0.001%	$16.4M	$4.6M	100x	as long as short
HTX XAU-USDT	+0.0364%	4h	4,327.2	+0.112%	$3.2M	$5.8M	75x	as long as short
Phemex XAUUSDT	+0.0384%	4h	4,325.8	+0.079%	$2.2M	$975K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,321.5	−0.020%	$252K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,323.2	+0.019%	$4.5M	$13.2M	25x	as long as short