After costs, if the gap returns to its 7d average, $10k−$280
spread now−0.111%7d average−0.129%fees + slippage, in and out−$282spread needed2.820%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XAU_USDT | 4,345.2 | 0.0020 | pay 0.0010% / 4h | 2h 27m | $273.2M | $393.3M | 100x |
| Short | gTrade (Gains Network) XAU/USD | 4,340.4 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 27m 09s | $266K | — | 250x |
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
- −$11.07
- Funding while held
- −$0.51
- Slippage, 4 orders
- −$260.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$293.63
- Spread needed to break even
- 2.820%
Slippage from Gate: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 53 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0017%
- Per $10,000 a day
- −$0.51
- 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 Gate live order book, 3 min ago | 0.01 bp | 7.5 bp −$8 | 8.3 bp −$83 | 12.8 bp −$1,279 | 14.3 bp −$7,135 |
| Sell gTrade (Gains Network) virtual book (oracle venue), 53 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | doesn't fit |
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 | −0.161% | +0.0100% | 1h | $26K | $23K | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | −0.111% | L +0.0002% / S −0.0003% | 1h | $266K | — | 250x | |
| Extended XAU-USD | −0.108% | +0.0056% | 1h | $13.3M | $51.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | −0.102% | +0.0050% | 1h | $14.7M | $47.1M | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.100% | +0.0050% | 1h | $294.1M | $60.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.086% | +0.0053% | 24h | $4.2M | $30.2M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.084% | +0.0056% | 1h | $1.9M | $5.2M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.079% | +0.0252% | 1h | $587K | $109K | 25x | as long as short |
| Phoenix GOLD | −0.068% | +0.0101% | 1h | $43K | $65K | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.065% | +0.0072% | 1h | $33K | — | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XAU | −0.056% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.052% | +0.0211% | 1h | $223K | $991K | 25x | as long as short |
| Bitget XAUUSDT | −0.044% | +0.0232% | 4h | $69.3M | $106.2M | 100x | as long as short |
| Lighter XAU | −0.042% | +0.0072% | 1h | $20.6M | $44.6M | 25x | as long as short |
| MEXC XAU_USDT | −0.040% | +0.0122% | 4h | $377.4M | $361.2M | 1000x | as long as short |
| Binance XAUUSDT | −0.038% | +0.0122% | 4h | $417.6M | $2.05B | 100x | as long as short |
| RISEx XAU/USDC | −0.037% | 0.0000% | 1h | $3.7M | $12.9M | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.035% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Polymarket Perps GOLD-USD | −0.035% | +0.0146% | 1h | $4.2M | $2.1M | 20x | as long as short |
| BloFin XAU-USDT | −0.035% | +0.0382% | 4h | $15.0M | $4.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.032% | L +0.0375% / S −0.0194% | 1h | $221K | — | 111x | as long as short |
| Bullet GOLD-USD | −0.032% | +0.0103% | 1h | $58K | $78K | 10x | as long as short |
| OKX XAU-USDT-SWAP | −0.026% | +0.0237% | 8h | $156.8M | $263.8M | 100x | as long as short |
| Bybit XAUUSDT | −0.023% | +0.0077% | 4h | $82.9M | $135.2M | 150x | as long as short |
| Aevo XAU-PERP | −0.021% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Aster XAUUSD1 | −0.008% | +0.0100% | 4h | $69.4M | $240.1M | 20x | as long as short |
| edgeX XAUUSDC | −0.001% | +0.0137% | 4h | $30.3M | $55.9M | 50x | as long as short |
| QFEX GOLD-USD | −0.001% | +0.0044% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Gate XAU_USDTlong | 0.000% | +0.0020% | 4h | $273.2M | $393.3M | 100x | |
| StandX XAU-USD | +0.001% | +0.0040% | 1h | $3.8M | $2.7M | 40x | as long as short |
| Paradex XAU-USD-PERP | +0.012% | +0.0066% | 8h | $19K | $6K | 5x | as long as short |
| Lighter RH XAU | +0.013% | +0.0128% | 1h | $20.0M | $41.4M | 25x | as long as short |
| Phemex XAUUSDT | +0.031% | +0.0253% | 4h | $2.2M | $1.0M | 100x | as long as short |
| Variational Omni XAU | +0.041% | +0.0105% | 4h | $48.1M | $41.2M | — | as long as short |
| SunX XAU-USDT | +0.051% | 0.0000% | 4h | $92K | $11.2M | 20x | as long as short |
| HTX XAU-USDT | +0.052% | +0.0268% | 4h | $2.4M | $2.4M | 75x | as long as short |
| Injective XAU/USDC PERP | +0.119% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.786% | +0.0046% | 1h | — | $974K | 25x | as long as short |
Gate XAU_USDT
gTrade (Gains Network) XAU/USD
Bluefin
Extended
tradeXYZ
Coinbase International
Kraken Futures
Phoenix
Pacifica
Deribit
Bitget
Lighter
MEXC
Binance
RISEx
ApeX Omni
Polymarket Perps
BloFin
GMX
Bullet
OKX
Bybit
Aster
StandX
Paradex
Lighter RH
Phemex
Variational Omni
SunX
HTX
Injective