XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h −0.231%

Price spread now: Coinbase International against Bluefin+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bluefin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.031% dearer against Bluefin than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bluefin GOLD-PERP	4,343.3	−0.0103	get 0.0013% / 1h	50m 50s	$25K	$14K	20x
Short	Coinbase International GOLD-PERP-INTX	4,344.6	0.0048	get 0.0006% / 1h	50m 50s	$2.0M	$4.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bluefin. 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 BluefinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.031%Rate

Funding earned: $31.61
Price spread: +0.031% → 0.000%: $3.06
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $17.67
Costs to cover: 0.170%
Break-even: 3.1 days

Slippage unknown: Bluefin: no order-book sample; Coinbase International: live order book, 3 min ago. Net counts fees only.

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 Bluefin no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 3 min ago	0.46 bp	6.4 bp −$6	7.9 bp −$79	doesn't fit	doesn't fit

Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAU on 38 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-PERPlong	−0.0103%	1h	4,343.3	long leg	$25K	$14K	20x
Hotstuff GOLD-PERP	0.0000%	1h	4,347.9	+0.107%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,350.7	+0.171%	$264.3M	$405.7M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,351.9	+0.199%	$92K	$9.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,344.4	+0.027%	$269K	—	250x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,348.9	+0.128%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,345.2	+0.045%	$13.6M	$40.4M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.165%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0037%	24h	4,346.5	+0.074%	$4.1M	$36.2M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,354.8	+0.265%	$3.8M	$4.6M	40x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,382.1	+0.894%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,348.4	+0.118%	$5.6M	$1.9M	20x	as long as short
Lighter XAU	+0.0048%	1h	4,348.2	+0.114%	$20.6M	$41.9M	25x	as long as short
Coinbase International GOLD-PERP-INTXshort	+0.0048%	1h	4,344.6	+0.031%	$2.0M	$4.9M	25x
tradeXYZ xyz:GOLD	+0.0050%	1h	4,345.9	+0.061%	$293.3M	$48.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,345	+0.040%	$15.1M	$57.8M	25x	as long as short
Aster XAUUSD1	+0.0061%	4h	4,350.1	+0.158%	$70.1M	$329.2M	20x	as long as short
Lighter RH XAU	+0.0072%	1h	4,350.7	+0.171%	$20.1M	$39.3M	25x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,349.7	+0.147%	$19K	$5K	5x	as long as short
Pacifica XAU	+0.0100%	1h	4,346.9	+0.084%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,350.6	+0.169%	$275K	$203K	50x	as long as short
Variational Omni XAU	+0.0102%	4h	4,347.9	+0.106%	$48.3M	$27.9M	—	as long as short
Polymarket Perps GOLD-USD	+0.0103%	1h	4,346.7	+0.079%	$4.3M	$1.9M	20x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,348.1	+0.112%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0116%	4h	4,349.2	+0.136%	$410.2M	$2.10B	100x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,349.2	+0.137%	$371.5M	$315.9M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0132%	4h	4,353.6	+0.238%	$1.4M	$3.0M	25x	as long as short
edgeX XAUUSDC	+0.0136%	4h	4,348.4	+0.118%	$30.3M	$58.7M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,352	+0.201%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0194%	1h	4,348.2	+0.114%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0206%	4h	4,350.3	+0.161%	$83.9M	$145.0M	150x	as long as short
Bitget XAUUSDT	+0.0210%	4h	4,349.2	+0.137%	$69.6M	$109.2M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0249%	8h	4,350.9	+0.176%	$164.7M	$282.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0270%	1h	4,345.4	+0.049%	$593K	$133K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0279%	1h	4,347.6	+0.100%	$259K	$702K	25x	as long as short
Phemex XAUUSDT	+0.0332%	4h	4,352.3	+0.209%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0398% / S −0.0207%	1h	4,348.7	+0.125%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0606%	4h	4,353.1	+0.226%	$2.8M	$4.2M	75x	as long as short