After costs, if the gap returns to its 7d average, $10k−$11
spread now+0.076%7d average+0.090%fees + slippage, in and out−$9spread needed0.093%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAU-USD | 4,348.3 | 0.0192 | pay 0.0024% / 1h | 7m 29s | $13.3M | $50.9M | 25x |
| Short | MEXC XAU_USDT | 4,351.6 | 0.0136 | get 0.0068% / 4h | 1h 07m | $383.5M | $333.0M | 1000x |
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
- $7.64
- Funding while held
- −$1.68
- Slippage, 4 orders
- −$0.3
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$3.34
- Spread needed to break even
- 0.093%
Slippage from Extended: live order book, 3 min ago; MEXC: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0056%
- Per $10,000 a day
- −$1.68
- 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 Extended live order book, 3 min ago | 0.12 bp | 2.6 bp −$3 | 3.1 bp −$31 | 6.8 bp −$678 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.03 bp | 2.0 bp −$2 | 2.0 bp −$20 | 5.7 bp −$575 | 25.0 bp −$12.5K |
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 | −0.067% | −0.0066% | 1h | $26K | $21K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.019% | +0.0050% | 1h | $14.8M | $49.3M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.002% | +0.0040% | 24h | $4.2M | $30.7M | 15x | as long as short |
| Extended XAU-USDlong | 0.000% | +0.0192% | 1h | $13.3M | $50.9M | 25x | |
| gTrade (Gains Network) XAU/USD | +0.001% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.017% | +0.0064% | 1h | $2.0M | $5.2M | 25x | as long as short |
| ApeX Omni XAUUSDT | +0.021% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Pacifica XAU | +0.024% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Hotstuff GOLD-PERP | +0.028% | +0.0032% | 1h | $33K | — | 25x | as long as short |
| edgeX XAUUSDC | +0.028% | +0.0141% | 4h | $30.3M | $56.1M | 50x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.030% | +0.0050% | 1h | $294.5M | $61.2M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.034% | +0.0310% | 1h | $588K | $108K | 25x | as long as short |
| Phoenix GOLD | +0.049% | +0.0088% | 1h | $43K | $65K | 25x | as long as short |
| Injective XAU/USDC PERP | +0.049% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.056% | +0.0348% | 1h | $223K | $963K | 25x | as long as short |
| BloFin XAU-USDT | +0.066% | +0.0376% | 4h | $14.9M | $4.1M | 100x | as long as short |
| Variational Omni XAU | +0.070% | +0.0125% | 4h | $47.7M | $34.5M | — | as long as short |
| Lighter XAU | +0.072% | +0.0088% | 1h | $20.8M | $45.9M | 25x | as long as short |
| Aevo XAU-PERP | +0.075% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| RISEx XAU/USDC | +0.076% | 0.0000% | 1h | $3.5M | $12.1M | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.076% | L +0.0444% / S −0.0270% | 1h | $251K | — | 111x | as long as short |
| Binance XAUUSDT | +0.076% | +0.0137% | 4h | $414.3M | $2.05B | 100x | as long as short |
| Bullet GOLD-USD | +0.076% | +0.0108% | 1h | $59K | $77K | 10x | as long as short |
| MEXC XAU_USDTshort | +0.076% | +0.0136% | 4h | $383.5M | $333.0M | 1000x | |
| Aster XAUUSD1 | +0.082% | +0.0157% | 4h | $70.1M | $240.0M | 20x | as long as short |
| Bitget XAUUSDT | +0.083% | +0.0268% | 4h | $69.3M | $108.5M | 100x | as long as short |
| QFEX GOLD-USD | +0.086% | +0.0049% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.091% | +0.0075% | 8h | $19K | $6K | 5x | as long as short |
| StandX XAU-USD | +0.093% | +0.0040% | 1h | $3.8M | $4.2M | 40x | as long as short |
| OKX XAU-USDT-SWAP | +0.097% | +0.0286% | 8h | $156.4M | $263.5M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.097% | +0.0201% | 1h | $4.4M | $2.3M | 20x | as long as short |
| Bybit XAUUSDT | +0.102% | +0.0146% | 4h | $83.8M | $138.9M | 150x | as long as short |
| Gate XAU_USDT | +0.117% | +0.0046% | 4h | $274.8M | $403.2M | 100x | as long as short |
| Phemex XAUUSDT | +0.136% | +0.0324% | 4h | $2.2M | $1.1M | 100x | as long as short |
| Lighter RH XAU | +0.147% | +0.0168% | 1h | $20.3M | $45.1M | 25x | as long as short |
| HTX XAU-USDT | +0.159% | +0.0298% | 4h | $2.9M | $3.3M | 75x | as long as short |
| SunX XAU-USDT | +0.171% | 0.0000% | 4h | $93K | $11.0M | 20x | as long as short |
| Vest GC-PERP | +0.881% | +0.0046% | 1h | — | $995K | 25x | as long as short |
Extended XAU-USD
MEXC XAU_USDT
Bluefin
gTrade (Gains Network)
Coinbase International
ApeX Omni
Pacifica
tradeXYZ
Kraken Futures
Phoenix
Injective
Deribit
BloFin
Variational Omni
Lighter
RISEx
GMX
Binance
Bullet
Aster
Bitget
Paradex
StandX
OKX
Polymarket Perps
Bybit
Gate
Phemex
Lighter RH
HTX
SunX