XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0230%/8h= +25.2% APRnext payment +$1.15 per $10,000 · paid last 24h +0.048%

Price spread now: Bitget against Gate−0.020%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$280.279% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 7 days−0.027%−$3 · spread now −0.020%, 7d avg −0.022%

Together, before fees+0.153%+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAU_USDT	4,347.7	0	get 0.0000% / 4h	15m 16s	$265.2M	$416.4M	100x
Short	Bitget XAUUSDT	4,346.8	0.0230	get 0.0115% / 4h	15m 16s	$70.0M	$109.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now −0.020%Rate

Funding earned: $48.3
Price spread: −0.020% → −0.022%: $0.11
Slippage, 4 orders: −$0.95
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: $20.46
Costs to cover: 0.279%
Break-even: 4.0 days

Slippage from Gate: live order book, 4 min ago; Bitget: 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 Gate live order book, 4 min ago	0.01 bp	7.5 bp −$8	8.0 bp −$80	12.4 bp −$1,243	14.2 bp −$7,110
Sell Bitget live order book, 4 min ago	0.01 bp	6.1 bp −$6	7.9 bp −$79	11.3 bp −$1,126	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
RISEx XAU/USDC	0.0000%	1h	4,346	−0.040%	$3.4M	$12.2M	25x	as long as short
Gate XAU_USDTlong	0.0000%	4h	4,347.7	long leg	$265.2M	$416.4M	100x
SunX XAU-USDT	0.0000%	4h	4,350.8	+0.072%	$92K	$8.9M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,342.8	−0.113%	$272K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,343.8	−0.090%	$33K	—	25x	as long as short
Lighter XAU	+0.0032%	1h	4,345	−0.062%	$20.8M	$38.2M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,342.5	−0.119%	$13.2M	$38.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.063%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,347.1	−0.013%	$20.1M	$39.3M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,350.7	+0.069%	$3.8M	$4.5M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0041%	1h	4,345.7	−0.046%	$5.7M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,380.1	+0.745%	—	$1.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,346	−0.039%	$2.0M	$4.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0048%	24h	4,343.9	−0.087%	$4.2M	$37.4M	15x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344	−0.085%	$293.7M	$48.9M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,342.6	−0.117%	$15.1M	$56.8M	25x	as long as short
Aster XAUUSD1	+0.0060%	4h	4,347.3	−0.008%	$71.2M	$333.2M	20x	as long as short
Variational Omni XAU	+0.0075%	4h	4,349.4	+0.040%	$48.4M	$28.0M	—	as long as short
Paradex XAU-USD-PERP	+0.0080%	8h	4,346.3	−0.032%	$19K	$5K	5x	as long as short
MEXC XAU_USDT	+0.0088%	4h	4,346.1	−0.037%	$371.4M	$319.1M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0088%	4h	4,350.2	+0.057%	$1.4M	$2.9M	25x	as long as short
Binance XAUUSDT	+0.0089%	4h	4,346.1	−0.037%	$413.4M	$2.10B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,342.5	−0.120%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,348.6	+0.021%	$275K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,340.3	−0.170%	$25K	$14K	20x	as long as short
edgeX XAUUSDC	+0.0103%	4h	4,345.6	−0.048%	$30.2M	$58.2M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,345.7	−0.047%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0142%	1h	4,349	+0.030%	$47K	$77K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0158%	1h	4,346.5	−0.028%	$4.3M	$2.0M	20x	as long as short
Bullet GOLD-USD	+0.0185%	1h	4,346.5	−0.028%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,343.2	−0.104%	$592K	$132K	25x	as long as short
Bitget XAUUSDTshort	+0.0230%	4h	4,346.8	−0.020%	$70.0M	$109.4M	100x
Deribit GOLD_USDC-PERPETUAL	+0.0234%	1h	4,344.9	−0.064%	$206K	$824K	25x	as long as short
Phemex XAUUSDT	+0.0234%	4h	4,349.5	+0.040%	$2.2M	$967K	100x	as long as short
Bybit XAUUSDT	+0.0240%	4h	4,347.3	−0.010%	$85.1M	$145.5M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0295%	8h	4,347.8	+0.002%	$165.3M	$282.4M	100x	as long as short
BloFin XAU-USDT	+0.0329%	4h	4,345.8	−0.043%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0417% / S −0.0237%	1h	4,346.5	−0.028%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0621%	4h	4,350.6	+0.067%	$2.8M	$4.5M	75x	as long as short