After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.057%7d average+0.091%fees + slippage, in and out−$39spread needed0.386%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOLD-PERP-INTX | 4,350.5 | 0.0064 | pay 0.0008% / 1h | 47m 06s | $2.0M | $5.1M | 25x |
| Short | Aevo XAU-PERP | 4,353 | 0.0112 | get 0.0014% / 1h | 47m 06s | $161K | $87 | 10x |
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
- $5.73
- Funding while held
- $1.44
- Slippage, 4 orders
- −$12.64
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$31.47
- Spread needed to break even
- 0.386%
Slippage from Coinbase International: live order book, 3 min ago; Aevo: live order book, 53 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- 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 Coinbase International live order book, 3 min ago | 0.12 bp | 5.1 bp −$5 | 7.7 bp −$77 | 51.7 bp −$5,175 | doesn't fit |
| Sell Aevo live order book, 53 min ago | 4.56 bp | 14.0 bp −$14 | 24.8 bp −$248 | doesn't fit | doesn't fit |
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 | −0.086% | −0.0164% | 1h | $26K | $21K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.033% | +0.0050% | 1h | $14.8M | $47.8M | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.033% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| edgeX XAUUSDC | −0.031% | +0.0127% | 4h | $30.3M | $56.8M | 50x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.029% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Extended XAU-USD | −0.026% | +0.0048% | 1h | $13.3M | $51.0M | 25x | as long as short |
| Pacifica XAU | −0.005% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Injective XAU/USDC PERP | −0.002% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Coinbase International GOLD-PERP-INTXlong | 0.000% | +0.0064% | 1h | $2.0M | $5.1M | 25x | |
| Kalshi KXGOLDPERP | +0.005% | +0.0045% | 24h | $4.1M | $30.4M | 15x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.007% | +0.0050% | 1h | $294.3M | $61.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.014% | +0.0048% | 1h | $33K | — | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.017% | +0.0310% | 1h | $588K | $108K | 25x | as long as short |
| Phoenix GOLD | +0.025% | +0.0088% | 1h | $43K | $65K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.039% | +0.0233% | 1h | $223K | $991K | 25x | as long as short |
| Variational Omni XAU | +0.042% | +0.0112% | 4h | $47.8M | $35.1M | — | as long as short |
| MEXC XAU_USDT | +0.046% | +0.0122% | 4h | $377.2M | $325.9M | 1000x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.046% | L +0.0431% / S −0.0251% | 1h | $251K | — | 111x | as long as short |
| BloFin XAU-USDT | +0.050% | +0.0369% | 4h | $14.8M | $4.1M | 100x | as long as short |
| Bitget XAUUSDT | +0.052% | +0.0240% | 4h | $69.3M | $107.2M | 100x | as long as short |
| Lighter XAU | +0.054% | +0.0080% | 1h | $20.7M | $45.4M | 25x | as long as short |
| Binance XAUUSDT | +0.055% | +0.0123% | 4h | $416.1M | $2.03B | 100x | as long as short |
| Aevo XAU-PERPshort | +0.057% | +0.0112% | 1h | $161K | $87 | 10x | |
| StandX XAU-USD | +0.060% | +0.0040% | 1h | $3.8M | $3.6M | 40x | as long as short |
| RISEx XAU/USDC | +0.061% | 0.0000% | 1h | $3.6M | $12.0M | 25x | as long as short |
| Bullet GOLD-USD | +0.062% | +0.0083% | 1h | $58K | $78K | 10x | as long as short |
| QFEX GOLD-USD | +0.069% | +0.0049% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.073% | +0.0064% | 8h | $19K | $6K | 5x | as long as short |
| Polymarket Perps GOLD-USD | +0.076% | +0.0211% | 1h | $4.4M | $2.2M | 20x | as long as short |
| Aster XAUUSD1 | +0.076% | +0.0117% | 4h | $70.0M | $239.3M | 20x | as long as short |
| OKX XAU-USDT-SWAP | +0.080% | +0.0254% | 8h | $156.3M | $263.2M | 100x | as long as short |
| Bybit XAUUSDT | +0.082% | +0.0043% | 4h | $83.9M | $137.9M | 150x | as long as short |
| Gate XAU_USDT | +0.087% | +0.0040% | 4h | $274.3M | $398.1M | 100x | as long as short |
| Phemex XAUUSDT | +0.107% | +0.0273% | 4h | $2.2M | $1.1M | 100x | as long as short |
| Lighter RH XAU | +0.111% | +0.0144% | 1h | $20.1M | $42.8M | 25x | as long as short |
| HTX XAU-USDT | +0.135% | +0.0262% | 4h | $2.8M | $3.2M | 75x | as long as short |
| SunX XAU-USDT | +0.165% | 0.0000% | 4h | $93K | $11.0M | 20x | as long as short |
| Vest GC-PERP | +0.871% | +0.0046% | 1h | — | $974K | 25x | as long as short |
Coinbase International GOLD-PERP-INTX
Bluefin
ApeX Omni
gTrade (Gains Network)
Extended
Pacifica
Injective
tradeXYZ
Kraken Futures
Phoenix
Deribit
Variational Omni
MEXC
GMX
BloFin
Bitget
Lighter
Binance
StandX
RISEx
Bullet
Paradex
Polymarket Perps
Aster
OKX
Bybit
Gate
Phemex
Lighter RH
HTX
SunX