After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.043%7d average−0.058%fees + slippage, in and out−$32spread needed0.315%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,348.9 | 0.0271 | pay 0.0136% / 4h | 2h 30m | $2.4M | $2.4M | 75x |
| Short | QFEX GOLD-USD | 4,347 | 0.0044 | get 0.0005% / 1h | 30m 57s | $5.4M | $2.1M | 20x |
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
- −$4.3
- Funding while held
- −$6.83
- Slippage, 4 orders
- −$9.52
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$42.65
- Spread needed to break even
- 0.315%
Slippage from HTX: live order book, 4 min ago; QFEX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0228%
- Per $10,000 a day
- −$6.83
- 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, 4 min ago | 0.01 bp | 8.8 bp −$9 | 11.8 bp −$118 | 14.4 bp −$1,440 | doesn't fit |
| Sell QFEX live order book, 4 min ago | 3.11 bp | 8.1 bp −$8 | 8.1 bp −$81 | 10.0 bp −$995 | 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 | −0.211% | +0.0100% | 1h | $26K | $23K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.158% | +0.0050% | 1h | $14.7M | $47.0M | 25x | as long as short |
| edgeX XAUUSDC | −0.157% | +0.0127% | 4h | $30.3M | $56.8M | 50x | as long as short |
| ApeX Omni XAUUSDT | −0.140% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Phoenix GOLD | −0.137% | +0.0101% | 1h | $43K | $65K | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.132% | L +0.0002% / S −0.0003% | 1h | $266K | — | 250x | as long as short |
| Extended XAU-USD | −0.127% | +0.0064% | 1h | $13.3M | $52.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.126% | +0.0054% | 24h | $4.2M | $30.2M | 15x | as long as short |
| tradeXYZ xyz:GOLD | −0.123% | +0.0050% | 1h | $294.4M | $60.8M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.117% | +0.0016% | 1h | $33K | — | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International GOLD-PERP-INTX | −0.117% | +0.0056% | 1h | $1.9M | $5.1M | 25x | as long as short |
| Pacifica XAU | −0.112% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Kraken Futures PF_XAUUSD | −0.104% | +0.0252% | 1h | $587K | $110K | 25x | as long as short |
| RISEx XAU/USDC | −0.089% | 0.0000% | 1h | $3.7M | $13.1M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.073% | +0.0280% | 1h | $214K | $981K | 25x | as long as short |
| Variational Omni XAU | −0.066% | +0.0105% | 4h | $48.0M | $41.2M | — | as long as short |
| Lighter XAU | −0.062% | +0.0080% | 1h | $20.6M | $44.5M | 25x | as long as short |
| MEXC XAU_USDT | −0.062% | +0.0122% | 4h | $378.5M | $360.6M | 1000x | as long as short |
| BloFin XAU-USDT | −0.061% | +0.0394% | 4h | $15.0M | $4.2M | 100x | as long as short |
| Bitget XAUUSDT | −0.060% | +0.0234% | 4h | $69.5M | $106.0M | 100x | as long as short |
| Binance XAUUSDT | −0.057% | +0.0123% | 4h | $418.2M | $2.05B | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.057% | L +0.0374% / S −0.0194% | 1h | $221K | — | 111x | as long as short |
| Aevo XAU-PERP | −0.055% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bullet GOLD-USD | −0.053% | +0.0104% | 1h | $59K | $77K | 10x | as long as short |
| Bybit XAUUSDT | −0.050% | +0.0088% | 4h | $82.9M | $135.0M | 150x | as long as short |
| OKX XAU-USDT-SWAP | −0.050% | +0.0237% | 8h | $156.6M | $263.1M | 100x | as long as short |
| StandX XAU-USD | −0.050% | +0.0040% | 1h | $3.8M | $2.6M | 40x | as long as short |
| Polymarket Perps GOLD-USD | −0.048% | +0.0144% | 1h | $4.2M | $2.1M | 20x | as long as short |
| Paradex XAU-USD-PERP | −0.044% | +0.0066% | 8h | $19K | $6K | 5x | as long as short |
| QFEX GOLD-USDshort | −0.043% | +0.0044% | 1h | $5.4M | $2.1M | 20x | |
| Gate XAU_USDT | −0.029% | +0.0016% | 4h | $273.5M | $392.3M | 100x | as long as short |
| Aster XAUUSD1 | −0.026% | +0.0100% | 4h | $69.5M | $240.2M | 20x | as long as short |
| Lighter RH XAU | −0.010% | +0.0128% | 1h | $20.1M | $41.3M | 25x | as long as short |
| HTX XAU-USDTlong | 0.000% | +0.0271% | 4h | $2.4M | $2.4M | 75x | |
| Phemex XAUUSDT | +0.009% | +0.0240% | 4h | $2.2M | $1.0M | 100x | as long as short |
| SunX XAU-USDT | +0.034% | 0.0000% | 4h | $92K | $11.2M | 20x | as long as short |
| Injective XAU/USDC PERP | +0.036% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.753% | +0.0046% | 1h | — | $974K | 25x | as long as short |
HTX XAU-USDT
Bluefin
ApeX Omni
Phoenix
gTrade (Gains Network)
Extended
tradeXYZ
Coinbase International
Pacifica
Kraken Futures
RISEx
Deribit
Variational Omni
Lighter
MEXC
BloFin
Bitget
Binance
GMX
Bullet
Bybit
OKX
StandX
Polymarket Perps
Paradex
Gate
Aster
Lighter RH
Phemex
SunX
Injective