XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.031%

Price spread now: Bitget against Bybit−0.020%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$240.238% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.020%, 7d avg −0.013%

Together, before fees+0.096%+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XAUUSDT	4,361.1	0.0174	pay 0.0087% / 4h	2h 18m	$84.1M	$143.8M	150x
Short	Bitget XAUUSDT	4,360.3	0.0180	get 0.0090% / 4h	2h 18m	$69.5M	$109.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.020%Rate

Funding earned: $1.21
Price spread: −0.020% → −0.013%: −$0.7
Slippage, 4 orders: −$0.77
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$23.26
Costs to cover: 0.238%
Break-even: 141.1 days

Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 Bybit live order book, 5 min ago	0.01 bp	5.5 bp −$6	6.3 bp −$63	10.7 bp −$1,069	31.2 bp −$15.6K
Sell Bitget live order book, 5 min ago	0.01 bp	6.0 bp −$6	7.2 bp −$72	10.9 bp −$1,093	doesn't fit

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
Gate XAU_USDT	0.0000%	4h	4,361.5	+0.009%	$263.6M	$412.9M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,364	+0.065%	$93K	$9.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,354.5	−0.152%	$270K	—	250x	as long as short
Aster XAUUSD1	+0.0025%	4h	4,361	−0.003%	$70.7M	$293.5M	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,355.9	−0.121%	$13.5M	$42.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.246%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0034%	24h	4,357	−0.095%	$4.1M	$35.9M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,359.3	−0.042%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,392.1	+0.710%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,356	−0.118%	$33K	—	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,356.8	−0.100%	$294.4M	$48.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,355.6	−0.127%	$14.9M	$58.0M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,358.6	−0.058%	$5.6M	$1.9M	20x	as long as short
Lighter XAU	+0.0056%	1h	4,359	−0.049%	$20.7M	$43.7M	25x	as long as short
Lighter RH XAU	+0.0056%	1h	4,361.4	+0.007%	$20.2M	$40.9M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0068%	1h	4,358.2	−0.067%	$4.3M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,355.1	−0.138%	$2.0M	$5.0M	25x	as long as short
Variational Omni XAU	+0.0078%	4h	4,359	−0.048%	$48.3M	$28.1M	—	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,359.4	−0.041%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0094%	4h	4,353.4	−0.178%	$30.3M	$59.8M	50x	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,359.9	−0.028%	$376.1M	$323.5M	1000x	as long as short
Binance XAUUSDT	+0.0099%	4h	4,360	−0.027%	$409.2M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,356.8	−0.100%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.1	−0.094%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,352	−0.209%	$26K	$14K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,358.6	−0.059%	$161K	$87	10x	as long as short
GRVT XAU_USDT_Perp	+0.0110%	4h	4,360	−0.026%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,356.9	−0.097%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,359.5	−0.038%	$3.4M	$12.4M	25x	as long as short
Bullet GOLD-USD	+0.0162%	1h	4,359	−0.049%	$59K	$83K	10x	as long as short
Bybit XAUUSDTlong	+0.0174%	4h	4,361.1	long leg	$84.1M	$143.8M	150x
Bitget XAUUSDTshort	+0.0180%	4h	4,360.3	−0.020%	$69.5M	$109.6M	100x
Deribit GOLD_USDC-PERPETUAL	+0.0209%	1h	4,357.8	−0.077%	$243K	$671K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0235%	8h	4,361.3	+0.004%	$164.9M	$282.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,356.4	−0.108%	$594K	$139K	25x	as long as short
Phemex XAUUSDT	+0.0335%	4h	4,362	+0.019%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,358.8	−0.055%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.0538%	4h	4,363.9	+0.064%	$2.9M	$3.9M	75x	as long as short