XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.021%

Price spread now: Bybit against Gate−0.020%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

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

costs, in and out, $10k−$270.267% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$10 on $10k

Price spread, last 7 days−0.011%−$1 · spread now −0.020%, 7d avg −0.008%

Together, before fees+0.094%+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAU_USDT	4,345	0.0060	pay 0.0030% / 4h	3h 48m	$267.7M	$411.6M	100x
Short	Bybit XAUUSDT	4,344.1	0.0055	get 0.0028% / 4h	3h 48m	$80.5M	$150.6M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$1
Price spread: −0.020% → −0.008%: −$1.17
Slippage, 4 orders: −$0.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$28.88
Costs to cover: 0.267%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago	0.01 bp	7.5 bp −$8	8.9 bp −$89	12.8 bp −$1,278	14.2 bp −$7,123
Sell Bybit live order book, 1 min ago	0.01 bp	5.5 bp −$6	5.6 bp −$56	7.5 bp −$749	29.8 bp −$14.9K

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
SunX XAU-USDT	0.0000%	4h	4,346.6	+0.038%	$92K	$8.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,338.8	−0.142%	$271K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,341.4	−0.083%	$3.5M	$12.2M	25x	as long as short
Bluefin GOLD-PERP	+0.0012%	1h	4,335.8	−0.212%	$25K	$14K	20x	as long as short
Lighter RH XAU	+0.0032%	1h	4,343.9	−0.025%	$20.0M	$39.2M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,339.2	−0.132%	$13.3M	$37.9M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.125%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,341.7	−0.075%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,340.7	−0.099%	$5.7M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,374.6	+0.682%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,340.4	−0.105%	$293.5M	$49.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,338.8	−0.143%	$15.1M	$56.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,338.8	−0.142%	$4.3M	$37.5M	15x	as long as short
Bybit XAUUSDTshort	+0.0055%	4h	4,344.1	−0.020%	$80.5M	$150.6M	150x
Lighter XAU	+0.0056%	1h	4,342	−0.070%	$20.8M	$34.5M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,340.1	−0.112%	$2.1M	$4.8M	25x	as long as short
Gate XAU_USDTlong	+0.0060%	4h	4,345	long leg	$267.7M	$411.6M	100x
Hotstuff GOLD-PERP	+0.0064%	1h	4,338.2	−0.156%	$33K	—	25x	as long as short
Aster XAUUSD1	+0.0073%	4h	4,344.2	−0.019%	$71.5M	$332.5M	20x	as long as short
Paradex XAU-USD-PERP	+0.0081%	8h	4,342.1	−0.067%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0082%	4h	4,340.8	−0.096%	$48.4M	$27.6M	—	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,343.4	−0.037%	$372.6M	$317.4M	1000x	as long as short
Binance XAUUSDT	+0.0099%	4h	4,343.6	−0.032%	$415.1M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,338.5	−0.149%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,339.2	−0.134%	$274K	$203K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,341.7	−0.075%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,336.5	−0.195%	$30.2M	$58.2M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,338.3	−0.154%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0144%	4h	4,341	−0.092%	$1.4M	$2.9M	25x	as long as short
Phemex XAUUSDT	+0.0196%	4h	4,343.9	−0.024%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0211%	1h	4,341.1	−0.089%	$205K	$826K	25x	as long as short
Bullet GOLD-USD	+0.0212%	1h	4,343	−0.046%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,342.5	−0.057%	$4.3M	$2.0M	20x	as long as short
Bitget XAUUSDT	+0.0242%	4h	4,344	−0.023%	$71.1M	$109.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,339.7	−0.121%	$592K	$132K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0315%	8h	4,344.8	−0.004%	$166.3M	$281.6M	100x	as long as short
BloFin XAU-USDT	+0.0349%	4h	4,341.7	−0.075%	$15.6M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0426% / S −0.0251%	1h	4,343.1	−0.043%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0527%	4h	4,346	+0.023%	$2.8M	$4.6M	75x	as long as short