After costs, if the gap returns to its 7d average, $10k−$17
spread now−0.017%7d average−0.032%fees + slippage, in and out−$19spread needed0.185%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,353.9 | 0.0286 | pay 0.0143% / 4h | 1h 18m | $2.9M | $3.3M | 75x |
| Short | Lighter RH XAU | 4,353.2 | 0.0160 | get 0.0020% / 1h | 18m 36s | $20.2M | $44.7M | 25x |
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
- −$1.65
- Funding while held
- −$3.79
- Slippage, 4 orders
- −$6.54
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$23.99
- Spread needed to break even
- 0.185%
Slippage from HTX: live order book, 2 min ago; Lighter RH: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0126%
- Per $10,000 a day
- −$3.79
- 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 HTX live order book, 2 min ago | 0.01 bp | 10.5 bp −$11 | 13.7 bp −$137 | 21.8 bp −$2,180 | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.53 bp | 0.6 bp −$1 | 1.3 bp −$13 | 4.8 bp −$482 | 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 | −0.189% | −0.0077% | 1h | $26K | $21K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.168% | +0.0050% | 1h | $14.8M | $48.9M | 25x | as long as short |
| Extended XAU-USD | −0.155% | +0.0160% | 1h | $13.3M | $51.0M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.147% | +0.0041% | 24h | $4.1M | $30.6M | 15x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.144% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| edgeX XAUUSDC | −0.136% | +0.0139% | 4h | $30.3M | $56.2M | 50x | as long as short |
| tradeXYZ xyz:GOLD | −0.136% | +0.0050% | 1h | $294.3M | $61.2M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.136% | +0.0048% | 1h | $33K | — | 25x | as long as short |
| Pacifica XAU | −0.126% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Kraken Futures PF_XAUUSD | −0.119% | +0.0310% | 1h | $588K | $108K | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix GOLD | −0.117% | +0.0088% | 1h | $43K | $65K | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.108% | +0.0064% | 1h | $2.0M | $5.2M | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.093% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| MEXC XAU_USDT | −0.086% | +0.0130% | 4h | $385.2M | $331.4M | 1000x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.085% | +0.0279% | 1h | $223K | $963K | 25x | as long as short |
| Lighter XAU | −0.084% | +0.0088% | 1h | $20.8M | $45.7M | 25x | as long as short |
| Injective XAU/USDC PERP | −0.080% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| RISEx XAU/USDC | −0.080% | 0.0000% | 1h | $3.5M | $12.1M | 25x | as long as short |
| Binance XAUUSDT | −0.079% | +0.0132% | 4h | $414.1M | $2.04B | 100x | as long as short |
| Paradex XAU-USD-PERP | −0.075% | +0.0073% | 8h | $19K | $6K | 5x | as long as short |
| Bitget XAUUSDT | −0.073% | +0.0260% | 4h | $69.3M | $108.4M | 100x | as long as short |
| BloFin XAU-USDT | −0.070% | +0.0371% | 4h | $14.9M | $4.1M | 100x | as long as short |
| QFEX GOLD-USD | −0.069% | +0.0049% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Aster XAUUSD1 | −0.068% | +0.0144% | 4h | $70.0M | $239.9M | 20x | as long as short |
| Bullet GOLD-USD | −0.067% | +0.0106% | 1h | $58K | $77K | 10x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.067% | L +0.0440% / S −0.0264% | 1h | $251K | — | 111x | as long as short |
| Variational Omni XAU | −0.066% | +0.0121% | 4h | $47.7M | $34.7M | — | as long as short |
| Aevo XAU-PERP | −0.065% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bybit XAUUSDT | −0.063% | +0.0124% | 4h | $83.6M | $138.7M | 150x | as long as short |
| StandX XAU-USD | −0.057% | +0.0040% | 1h | $3.8M | $4.1M | 40x | as long as short |
| Polymarket Perps GOLD-USD | −0.053% | +0.0201% | 1h | $4.4M | $2.3M | 20x | as long as short |
| OKX XAU-USDT-SWAP | −0.048% | +0.0277% | 8h | $156.4M | $263.6M | 100x | as long as short |
| Gate XAU_USDT | −0.043% | +0.0038% | 4h | $274.8M | $402.2M | 100x | as long as short |
| Lighter RH XAUshort | −0.017% | +0.0160% | 1h | $20.2M | $44.7M | 25x | |
| HTX XAU-USDTlong | 0.000% | +0.0286% | 4h | $2.9M | $3.3M | 75x | |
| Phemex XAUUSDT | +0.010% | +0.0302% | 4h | $2.2M | $1.1M | 100x | as long as short |
| SunX XAU-USDT | +0.031% | 0.0000% | 4h | $93K | $11.0M | 20x | as long as short |
| Vest GC-PERP | +0.740% | +0.0046% | 1h | — | $995K | 25x | as long as short |
HTX XAU-USDT
Lighter RH XAU
Bluefin
Extended
gTrade (Gains Network)
tradeXYZ
Pacifica
Kraken Futures
Phoenix
Coinbase International
ApeX Omni
MEXC
Deribit
Lighter
Injective
RISEx
Binance
Paradex
Bitget
BloFin
Aster
Bullet
GMX
Variational Omni
Bybit
StandX
Polymarket Perps
OKX
Gate
Phemex
SunX