After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.010%7d average+0.129%fees + slippage, in and out−$23spread needed0.231%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit GOLD_USDC-PERPETUAL | 4,350.9 | 0.0371 | pay 0.0046% / 1h | 10m 51s | $223K | $963K | 25x |
| Short | Bitget XAUUSDT | 4,351.3 | 0.0264 | get 0.0132% / 4h | 1h 10m | $69.3M | $108.5M | 100x |
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
- $0.97
- Funding while held
- −$3.21
- Slippage, 4 orders
- −$4.13
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$25.37
- Spread needed to break even
- 0.231%
Slippage from Deribit: live order book, 55 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0107%
- Per $10,000 a day
- −$3.21
- 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 Deribit live order book, 55 min ago | 0.12 bp | 3.6 bp −$4 | 4.5 bp −$45 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.01 bp | 6.0 bp −$6 | 6.7 bp −$67 | 11.5 bp −$1,152 | 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 | −0.127% | −0.0065% | 1h | $26K | $21K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.099% | +0.0050% | 1h | $14.8M | $49.2M | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.097% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Kalshi KXGOLDPERP | −0.076% | +0.0040% | 24h | $4.2M | $30.7M | 15x | as long as short |
| Extended XAU-USD | −0.071% | +0.0184% | 1h | $13.3M | $50.9M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.069% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.053% | +0.0064% | 1h | $2.0M | $5.2M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.051% | +0.0016% | 1h | $33K | — | 25x | as long as short |
| Pacifica XAU | −0.048% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| tradeXYZ xyz:GOLD | −0.046% | +0.0050% | 1h | $294.4M | $61.3M | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX XAUUSDC | −0.046% | +0.0150% | 4h | $30.3M | $56.1M | 50x | as long as short |
| Phoenix GOLD | −0.041% | +0.0088% | 1h | $43K | $65K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.037% | +0.0310% | 1h | $588K | $108K | 25x | as long as short |
| Variational Omni XAU | −0.012% | +0.0123% | 4h | $47.7M | $34.6M | — | as long as short |
| Injective XAU/USDC PERP | −0.011% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Lighter XAU | −0.004% | +0.0088% | 1h | $20.8M | $45.9M | 25x | as long as short |
| RISEx XAU/USDC | −0.001% | 0.0000% | 1h | $3.5M | $12.1M | 25x | as long as short |
| QFEX GOLD-USD | 0.000% | +0.0049% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUALlong | 0.000% | +0.0371% | 1h | $223K | $963K | 25x | |
| Binance XAUUSDT | 0.000% | +0.0135% | 4h | $414.1M | $2.05B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.004% | +0.0075% | 8h | $19K | $6K | 5x | as long as short |
| MEXC XAU_USDT | +0.004% | +0.0134% | 4h | $383.6M | $332.4M | 1000x | as long as short |
| BloFin XAU-USDT | +0.005% | +0.0375% | 4h | $14.9M | $4.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.007% | L +0.0443% / S −0.0268% | 1h | $251K | — | 111x | as long as short |
| Bullet GOLD-USD | +0.007% | +0.0108% | 1h | $59K | $77K | 10x | as long as short |
| StandX XAU-USD | +0.009% | +0.0040% | 1h | $3.8M | $4.1M | 40x | as long as short |
| Bitget XAUUSDTshort | +0.010% | +0.0264% | 4h | $69.3M | $108.5M | 100x | |
| Aevo XAU-PERP | +0.011% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bybit XAUUSDT | +0.019% | +0.0139% | 4h | $83.7M | $138.8M | 150x | as long as short |
| Aster XAUUSD1 | +0.020% | +0.0151% | 4h | $70.1M | $240.0M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.025% | +0.0201% | 1h | $4.4M | $2.3M | 20x | as long as short |
| OKX XAU-USDT-SWAP | +0.028% | +0.0283% | 8h | $156.4M | $263.3M | 100x | as long as short |
| Gate XAU_USDT | +0.045% | +0.0042% | 4h | $275.2M | $402.8M | 100x | as long as short |
| Lighter RH XAU | +0.066% | +0.0168% | 1h | $20.2M | $44.9M | 25x | as long as short |
| Phemex XAUUSDT | +0.082% | +0.0322% | 4h | $2.2M | $1.1M | 100x | as long as short |
| HTX XAU-USDT | +0.085% | +0.0293% | 4h | $2.9M | $3.3M | 75x | as long as short |
| SunX XAU-USDT | +0.097% | 0.0000% | 4h | $93K | $11.0M | 20x | as long as short |
| Vest GC-PERP | +0.811% | +0.0046% | 1h | — | $995K | 25x | as long as short |
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
Bluefin
ApeX Omni
Extended
gTrade (Gains Network)
Coinbase International
Pacifica
tradeXYZ
Phoenix
Kraken Futures
Variational Omni
Injective
Lighter
RISEx
Binance
Paradex
MEXC
BloFin
GMX
Bullet
StandX
Bybit
Aster
Polymarket Perps
OKX
Gate
Lighter RH
Phemex
HTX
SunX