XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0292%/8h= −32.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.094%

Price spread now: Gate against BloFin+0.011%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.467%−$47 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.011%, 7d avg +0.021%

Together, before fees−0.484%−$48 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XAU-USDT	4,333.4	0.0362	pay 0.0181% / 4h	2h 24m	$16.1M	$4.4M	100x
Short	Gate XAU_USDT	4,333.9	0.0070	get 0.0035% / 4h	2h 24m	$273.0M	$407.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now +0.011%Rate

Funding earned: −$61.28
Price spread: +0.011% → +0.021%: −$1.07
Slippage, 4 orders: −$0.98
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$90.34
Costs to cover: 0.280%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Gate: live order book, 4 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 BloFin live order book, 4 min ago	0.01 bp	6.2 bp −$6	6.7 bp −$67	9.7 bp −$972	doesn't fit
Sell Gate live order book, 4 min ago	0.01 bp	7.5 bp −$8	8.3 bp −$83	12.9 bp −$1,288	21.9 bp −$11.0K

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
Hotstuff GOLD-PERP	−0.0056%	1h	4,328.7	−0.108%	$32K	—	25x	as long as short
Bluefin GOLD-PERP	−0.0014%	1h	4,328.2	−0.121%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,339.3	+0.137%	$92K	$8.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,331.5	−0.044%	$271K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,331.2	−0.050%	$13.2M	$37.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.393%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,334.6	+0.028%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,333.8	+0.009%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,367.3	+0.782%	—	$1.0M	25x	as long as short
Bybit XAUUSDT	+0.0046%	4h	4,331.9	−0.035%	$78.8M	$154.8M	150x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAU	+0.0048%	1h	4,331.9	−0.034%	$20.7M	$31.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,329.1	−0.099%	$292.4M	$50.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,331.6	−0.041%	$15.0M	$56.7M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,335.5	+0.048%	$3.7M	$12.2M	25x	as long as short
Kalshi KXGOLDPERP	+0.0059%	24h	4,334.9	+0.035%	$4.0M	$40.9M	15x	as long as short
Gate XAU_USDTshort	+0.0070%	4h	4,333.9	+0.011%	$273.0M	$407.5M	100x
Paradex XAU-USD-PERP	+0.0071%	8h	4,335.3	+0.045%	$19K	$5K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,329.8	−0.083%	$2.1M	$4.7M	25x	as long as short
Lighter RH XAU	+0.0088%	1h	4,334.4	+0.022%	$19.9M	$38.7M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,332	−0.033%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,329.7	−0.086%	$276K	$204K	50x	as long as short
Aster XAUUSD1	+0.0108%	4h	4,332.4	−0.024%	$71.6M	$332.3M	20x	as long as short
Variational Omni XAU	+0.0111%	4h	4,332	−0.033%	$48.3M	$27.4M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,334.2	+0.018%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,332.5	−0.021%	$363.6M	$324.4M	1000x	as long as short
Binance XAUUSDT	+0.0119%	4h	4,331.4	−0.047%	$414.0M	$2.15B	100x	as long as short
edgeX XAUUSDC	+0.0120%	4h	4,324.5	−0.206%	$30.1M	$59.3M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0122%	4h	4,329.6	−0.089%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0127%	1h	4,331.3	−0.048%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0160%	1h	4,335	+0.037%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0172%	1h	4,335.2	+0.042%	$4.2M	$2.0M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0247%	1h	4,331.8	−0.037%	$590K	$130K	25x	as long as short
HTX XAU-USDT	+0.0256%	4h	4,336.5	+0.072%	$2.8M	$4.8M	75x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0258%	1h	4,333.4	0.000%	$199K	$826K	25x	as long as short
Bitget XAUUSDT	+0.0278%	4h	4,332.3	−0.025%	$73.6M	$113.9M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0336%	8h	4,331.9	−0.035%	$170.2M	$292.2M	100x	as long as short
BloFin XAU-USDTlong	+0.0362%	4h	4,333.4	long leg	$16.1M	$4.4M	100x
Phemex XAUUSDT	+0.0369%	4h	4,336.6	+0.073%	$2.2M	$960K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0451% / S −0.0288%	1h	4,335	+0.037%	$250K	—	111x	as long as short