XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.008%

Price spread now: Coinbase International against Extended+0.044%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs+$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$170.173% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.462%+$46 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.044%, 7d avg −0.038%

Together, before fees+0.446%+ Points / potential airdropExtended: Active · farm board+$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.082% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAU-USD	4,346.7	0.0032	pay 0.0004% / 1h	45m 02s	$13.2M	$37.3M	25x
Short	Coinbase International GOLD-PERP-INTX	4,348.6	0.0072	get 0.0009% / 1h	45m 02s	$2.1M	$4.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now +0.044%Rate

Funding earned: $8.4
Price spread: +0.044% → −0.038%: $8.19
Slippage, 4 orders: −$2.32
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$0.73
Costs to cover: 0.173%
Break-even: 7.6 days

Slippage from Extended: live order book, 4 min ago; Coinbase International: live order book, 4 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 Extended live order book, 4 min ago	0.12 bp	3.4 bp −$3	4.5 bp −$45	7.7 bp −$765	27.3 bp −$13.6K
Sell Coinbase International live order book, 4 min ago	0.12 bp	5.7 bp −$6	7.9 bp −$79	doesn't fit	doesn't fit

XAU on 39 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-PERP	−0.0046%	1h	4,344.4	−0.052%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,354.9	+0.189%	$93K	$8.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,346.7	+0.001%	$272K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0008%	1h	4,347.4	+0.016%	$33K	—	25x	as long as short
Extended XAU-USDlong	+0.0032%	1h	4,346.7	long leg	$13.2M	$37.3M	25x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.086%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,351.3	+0.106%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,348.9	+0.051%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,383.4	+0.844%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,346.9	+0.005%	$293.7M	$49.5M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,346.9	+0.005%	$15.1M	$56.7M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,351.2	+0.103%	$3.7M	$12.5M	25x	as long as short
Kalshi KXGOLDPERP	+0.0055%	24h	4,349.5	+0.064%	$4.2M	$39.4M	15x	as long as short
Lighter XAU	+0.0056%	1h	4,349.7	+0.068%	$20.7M	$30.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0070%	8h	4,350.5	+0.087%	$19K	$5K	5x	as long as short
Bybit XAUUSDT	+0.0071%	4h	4,351.4	+0.107%	$80.2M	$151.7M	150x	as long as short
Gate XAU_USDT	+0.0072%	4h	4,351.8	+0.116%	$271.8M	$397.6M	100x	as long as short
Coinbase International GOLD-PERP-INTXshort	+0.0072%	1h	4,348.6	+0.044%	$2.1M	$4.7M	25x
Pacifica XAU	+0.0100%	1h	4,346.9	+0.004%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,347	+0.006%	$277K	$204K	50x	as long as short
Aster XAUUSD1	+0.0105%	4h	4,352.2	+0.127%	$71.6M	$331.2M	20x	as long as short
Variational Omni XAU	+0.0107%	4h	4,349.4	+0.062%	$48.5M	$27.6M	—	as long as short
Lighter RH XAU	+0.0112%	1h	4,352.1	+0.125%	$20.1M	$38.2M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,349.5	+0.064%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,350.5	+0.088%	$370.1M	$318.0M	1000x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0118%	1h	4,349.2	+0.058%	$203K	$822K	25x	as long as short
Binance XAUUSDT	+0.0118%	4h	4,350.2	+0.081%	$418.8M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0119%	4h	4,346.1	−0.013%	$30.2M	$58.2M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0120%	4h	4,350.4	+0.086%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0127%	1h	4,347.4	+0.016%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0158%	1h	4,350.5	+0.088%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0168%	1h	4,350.3	+0.083%	$4.3M	$2.0M	20x	as long as short
Phemex XAUUSDT	+0.0197%	4h	4,352.9	+0.143%	$2.2M	$967K	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0246%	1h	4,347.4	+0.015%	$591K	$128K	25x	as long as short
HTX XAU-USDT	+0.0261%	4h	4,352.4	+0.130%	$2.8M	$4.6M	75x	as long as short
Bitget XAUUSDT	+0.0280%	4h	4,350.9	+0.098%	$71.6M	$107.9M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0336%	8h	4,351.9	+0.120%	$168.3M	$282.3M	100x	as long as short
BloFin XAU-USDT	+0.0370%	4h	4,349.3	+0.059%	$15.9M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0428% / S −0.0252%	1h	4,350.6	+0.090%	$251K	—	111x	as long as short