Spread before costs (cost unknown: a leg has no order-book sample)−0.176%
7d average−0.172%if it closes, per $10,000$18funding while held, a day−$6.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,348.5 | 0.0270 | pay 0.0135% / 4h | 2h 27m | $2.4M | $2.4M | 75x |
| Short | Ondo Perps XAU-USD.P | 4,340.8 | 0.0050 | get 0.0006% / 1h | 27m 29s | $14.7M | $47.1M | 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
- −$17.62
- Funding while held
- −$6.6
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$41.21
- Spread needed to break even
- 0.170%
Slippage unknown: HTX: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0220%
- Per $10,000 a day
- −$6.60
- 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, 3 min ago | 0.01 bp | 8.7 bp −$9 | 11.7 bp −$117 | 14.3 bp −$1,426 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 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 | −0.225% | +0.0100% | 1h | $26K | $23K | 20x | as long as short |
| tradeXYZ xyz:GOLD | −0.176% | +0.0050% | 1h | $294.1M | $60.9M | 25x | as long as short |
| Ondo Perps XAU-USD.Pshort | −0.176% | +0.0050% | 1h | $14.7M | $47.1M | 25x | |
| Extended XAU-USD | −0.152% | +0.0056% | 1h | $13.3M | $51.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.151% | +0.0053% | 24h | $4.2M | $30.2M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.151% | +0.0056% | 1h | $1.9M | $5.1M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.147% | L +0.0002% / S −0.0003% | 1h | $266K | — | 250x | as long as short |
| Phoenix GOLD | −0.142% | +0.0101% | 1h | $43K | $65K | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.140% | +0.0072% | 1h | $33K | — | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.134% | +0.0252% | 1h | $587K | $109K | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XAU | −0.130% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Bitget XAUUSDT | −0.120% | +0.0232% | 4h | $69.3M | $106.2M | 100x | as long as short |
| MEXC XAU_USDT | −0.117% | +0.0122% | 4h | $377.6M | $361.2M | 1000x | as long as short |
| RISEx XAU/USDC | −0.112% | 0.0000% | 1h | $3.7M | $12.9M | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.110% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Polymarket Perps GOLD-USD | −0.110% | +0.0146% | 1h | $4.2M | $2.1M | 20x | as long as short |
| Bullet GOLD-USD | −0.106% | +0.0103% | 1h | $58K | $78K | 10x | as long as short |
| Bybit XAUUSDT | −0.105% | +0.0077% | 4h | $82.9M | $135.1M | 150x | as long as short |
| OKX XAU-USDT-SWAP | −0.098% | +0.0237% | 8h | $157.0M | $263.8M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.094% | +0.0234% | 1h | $223K | $991K | 25x | as long as short |
| Binance XAUUSDT | −0.093% | +0.0122% | 4h | $417.7M | $2.05B | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.078% | L +0.0375% / S −0.0194% | 1h | $221K | — | 111x | as long as short |
| Lighter XAU | −0.077% | +0.0080% | 1h | $20.6M | $44.6M | 25x | as long as short |
| edgeX XAUUSDC | −0.076% | +0.0137% | 4h | $30.3M | $55.9M | 50x | as long as short |
| QFEX GOLD-USD | −0.075% | +0.0044% | 1h | $5.4M | $2.1M | 20x | as long as short |
| StandX XAU-USD | −0.073% | +0.0040% | 1h | $3.8M | $2.7M | 40x | as long as short |
| Aevo XAU-PERP | −0.069% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Paradex XAU-USD-PERP | −0.062% | +0.0066% | 8h | $19K | $6K | 5x | as long as short |
| Aster XAUUSD1 | −0.056% | +0.0100% | 4h | $69.4M | $240.1M | 20x | as long as short |
| Gate XAU_USDT | −0.049% | +0.0020% | 4h | $273.3M | $393.2M | 100x | as long as short |
| Lighter RH XAU | −0.035% | +0.0128% | 1h | $20.0M | $41.3M | 25x | as long as short |
| Variational Omni XAU | −0.033% | +0.0105% | 4h | $48.1M | $41.2M | — | as long as short |
| BloFin XAU-USDT | −0.023% | +0.0395% | 4h | $15.0M | $4.2M | 100x | as long as short |
| Phemex XAUUSDT | −0.004% | +0.0246% | 4h | $2.2M | $1.0M | 100x | as long as short |
| HTX XAU-USDTlong | 0.000% | +0.0270% | 4h | $2.4M | $2.4M | 75x | |
| SunX XAU-USDT | +0.018% | 0.0000% | 4h | $92K | $11.2M | 20x | as long as short |
| Injective XAU/USDC PERP | +0.045% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.711% | +0.0046% | 1h | — | $974K | 25x | as long as short |
HTX XAU-USDT
Bluefin
tradeXYZ
Extended
Coinbase International
gTrade (Gains Network)
Phoenix
Kraken Futures
Pacifica
Bitget
MEXC
RISEx
ApeX Omni
Polymarket Perps
Bullet
Bybit
OKX
Deribit
Binance
GMX
Lighter
StandX
Paradex
Aster
Gate
Lighter RH
Variational Omni
BloFin
Phemex
SunX
Injective