After costs, if the gap returns to its 7d average, $10k−$22
spread now+0.080%7d average+0.107%fees + slippage, in and out−$20spread needed0.197%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XAUUSDC | 4,349.5 | 0.0141 | pay 0.0070% / 4h | 1h 06m | $30.3M | $56.1M | 50x |
| Short | OKX XAU-USDT-SWAP | 4,353 | 0.0287 | get 0.0287% / 8h | 5h 06m | $156.5M | $263.5M | 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
- $8.01
- Funding while held
- $4.38
- Slippage, 4 orders
- −$0.69
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$7.29
- Spread needed to break even
- 0.197%
Slippage from edgeX: live order book, 5 min ago; OKX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0146%
- Per $10,000 a day
- +$4.38
- 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 edgeX live order book, 5 min ago | 0.23 bp | 4.7 bp −$5 | 4.7 bp −$47 | 7.9 bp −$791 | 36.6 bp −$18.3K |
| Sell OKX live order book, 4 min ago | 0.12 bp | 5.1 bp −$5 | 5.1 bp −$51 | 6.6 bp −$657 | 13.5 bp −$6,771 |
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 | −0.094% | −0.0069% | 1h | $26K | $21K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.043% | +0.0050% | 1h | $14.8M | $49.3M | 25x | as long as short |
| Extended XAU-USD | −0.026% | +0.0184% | 1h | $13.3M | $51.0M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.024% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Kalshi KXGOLDPERP | −0.023% | +0.0039% | 24h | $4.2M | $30.7M | 15x | as long as short |
| ApeX Omni XAUUSDT | −0.007% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.007% | +0.0064% | 1h | $2.0M | $5.2M | 25x | as long as short |
| Pacifica XAU | −0.003% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| edgeX XAUUSDClong | 0.000% | +0.0141% | 4h | $30.3M | $56.1M | 50x | |
| tradeXYZ xyz:GOLD | +0.007% | +0.0050% | 1h | $294.5M | $61.2M | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | +0.007% | +0.0080% | 1h | $33K | — | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.008% | +0.0310% | 1h | $588K | $108K | 25x | as long as short |
| Phoenix GOLD | +0.020% | +0.0088% | 1h | $43K | $65K | 25x | as long as short |
| Injective XAU/USDC PERP | +0.021% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.036% | +0.0279% | 1h | $223K | $963K | 25x | as long as short |
| Variational Omni XAU | +0.041% | +0.0125% | 4h | $47.7M | $34.5M | — | as long as short |
| MEXC XAU_USDT | +0.046% | +0.0136% | 4h | $383.6M | $333.1M | 1000x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.046% | L +0.0444% / S −0.0270% | 1h | $251K | — | 111x | as long as short |
| Bullet GOLD-USD | +0.047% | +0.0108% | 1h | $59K | $77K | 10x | as long as short |
| RISEx XAU/USDC | +0.049% | 0.0000% | 1h | $3.5M | $12.1M | 25x | as long as short |
| Lighter XAU | +0.050% | +0.0088% | 1h | $20.8M | $45.9M | 25x | as long as short |
| BloFin XAU-USDT | +0.050% | +0.0377% | 4h | $14.9M | $4.1M | 100x | as long as short |
| Binance XAUUSDT | +0.053% | +0.0137% | 4h | $414.3M | $2.05B | 100x | as long as short |
| QFEX GOLD-USD | +0.053% | +0.0049% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Aster XAUUSD1 | +0.054% | +0.0158% | 4h | $70.1M | $240.0M | 20x | as long as short |
| Aevo XAU-PERP | +0.054% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bitget XAUUSDT | +0.057% | +0.0268% | 4h | $69.3M | $108.5M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.062% | +0.0201% | 1h | $4.4M | $2.3M | 20x | as long as short |
| StandX XAU-USD | +0.064% | +0.0040% | 1h | $3.8M | $4.2M | 40x | as long as short |
| Paradex XAU-USD-PERP | +0.067% | +0.0075% | 8h | $19K | $6K | 5x | as long as short |
| Bybit XAUUSDT | +0.074% | +0.0146% | 4h | $83.8M | $138.9M | 150x | as long as short |
| OKX XAU-USDT-SWAPshort | +0.080% | +0.0287% | 8h | $156.5M | $263.5M | 100x | |
| Gate XAU_USDT | +0.091% | +0.0046% | 4h | $274.8M | $403.4M | 100x | as long as short |
| Phemex XAUUSDT | +0.108% | +0.0321% | 4h | $2.2M | $1.1M | 100x | as long as short |
| Lighter RH XAU | +0.114% | +0.0168% | 1h | $20.3M | $45.1M | 25x | as long as short |
| HTX XAU-USDT | +0.130% | +0.0299% | 4h | $2.9M | $3.3M | 75x | as long as short |
| SunX XAU-USDT | +0.144% | 0.0000% | 4h | $93K | $11.0M | 20x | as long as short |
| Vest GC-PERP | +0.857% | +0.0046% | 1h | — | $995K | 25x | as long as short |
OKX XAU-USDT-SWAP
Bluefin
Extended
gTrade (Gains Network)
ApeX Omni
Coinbase International
Pacifica
tradeXYZ
Kraken Futures
Phoenix
Injective
Deribit
Variational Omni
MEXC
GMX
Bullet
RISEx
Lighter
BloFin
Binance
Aster
Bitget
Polymarket Perps
StandX
Paradex
Bybit
Gate
Phemex
Lighter RH
HTX
SunX