XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%

Price spread now: Injective against gTrade (Gains Network)+0.430%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.430% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAU/USD	4,331.8	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	43m 56s	$304K	—	250x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	43m 56s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee InjectivebpOrdersPrice spread, now +0.430%Rate

Funding earned: $6.5
Price spread: +0.430% → 0.000%: $43.01
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $42.48
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): virtual book (oracle exchange), 3 min ago; Injective: no order-book sample. Net counts fees only.

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 gTrade (Gains Network) virtual book (oracle exchange), 3 min ago	130.00 bp	133.5 bp −$134	196.7 bp −$1,967	1352.9 bp −$135.3K	5907.8 bp −$2.95M
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAU on 39 exchanges

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
Hotstuff GOLD-PERP	−3.2000%	1h	4,318.3	−0.311%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,338.7	+0.160%	$92K	$5.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	0.0000%	1h	4,330.5	−0.030%	$2.1M	$5.2M	25x	as long as short
Bluefin GOLD-PERP	+0.0002%	1h	4,328.9	−0.068%	$25K	$1K	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,331.8	long leg	$304K	—	250x
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	+0.430%	$619	$54	52x
StandX XAU-USD	+0.0040%	1h	4,335.5	+0.086%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,333.7	+0.044%	$6.7M	$3.2M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,368.2	+0.841%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,332.4	+0.014%	$292.5M	$51.6M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,330.5	−0.031%	$15.1M	$59.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0054%	8h	4,334.2	+0.056%	$2K	$13K	5x	as long as short
Aster XAUUSD1	+0.0056%	4h	4,336.1	+0.099%	$72.4M	$276.0M	20x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0073%	1h	4,334.5	+0.063%	$135K	$707K	25x	as long as short
Variational Omni XAU	+0.0074%	4h	4,333.5	+0.041%	$47.3M	$29.2M	—	as long as short
Polymarket Perps GOLD-USD	+0.0074%	1h	4,334.2	+0.056%	$4.3M	$1.7M	20x	as long as short
Gate XAU_USDT	+0.0078%	4h	4,336.9	+0.119%	$298.2M	$444.9M	100x	as long as short
Lighter XAU	+0.0080%	1h	4,335.1	+0.075%	$20.2M	$30.4M	25x	as long as short
Lighter RH XAU	+0.0088%	1h	4,337.3	+0.128%	$19.7M	$40.0M	25x	as long as short
MEXC XAU_USDT	+0.0094%	4h	4,334.4	+0.061%	$367.0M	$353.2M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0094%	4h	4,336.8	+0.115%	$1.4M	$3.1M	25x	as long as short
Binance XAUUSDT	+0.0094%	4h	4,334.4	+0.061%	$442.6M	$2.43B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,331	−0.018%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,334.5	+0.063%	$284K	$223K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,334.3	+0.058%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0117%	4h	4,333.9	+0.048%	$30.3M	$67.7M	50x	as long as short
Extended XAU-USD	+0.0120%	1h	4,331	−0.019%	$12.5M	$34.6M	25x	as long as short
Bybit XAUUSDT	+0.0121%	4h	4,335.9	+0.095%	$82.8M	$172.2M	150x	as long as short
Phoenix GOLD	+0.0127%	1h	4,334.2	+0.056%	$43K	$71K	25x	as long as short
Kalshi KXGOLDPERP	+0.0137%	24h	4,336.4	+0.106%	$3.5M	$51.1M	15x	as long as short
Bullet GOLD-USD	+0.0165%	1h	4,335.2	+0.078%	$59K	$76K	10x	as long as short
RISEx XAU/USDC	+0.0205%	1h	4,334.8	+0.070%	$4.7M	$13.2M	25x	as long as short
Bitget XAUUSDT	+0.0212%	4h	4,335	+0.073%	$72.8M	$139.5M	100x	as long as short
Phemex XAUUSDT	+0.0227%	4h	4,338.4	+0.152%	$2.3M	$772K	100x	as long as short
OKX XAU-USDT-SWAP	+0.0237%	8h	4,336.1	+0.099%	$170.7M	$361.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0253%	1h	4,332.3	+0.011%	$583K	$169K	25x	as long as short
BloFin XAU-USDT	+0.0336%	4h	4,334.8	+0.070%	$16.3M	$5.3M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0460% / S −0.0308%	1h	4,334.8	+0.071%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.1076%	4h	4,341.1	+0.216%	$3.2M	$7.1M	75x	as long as short