XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0219%/8h= −24.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.062%

Price spread now: StandX against Kraken Futures+0.088%46s7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.319% of the position

Long on Kraken Futures Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.238%−$24 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.088%, 7d avg +0.079%

Together, before fees−0.276%+ Points / potential airdropStandX: Active · farm board−$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XAUUSD	4,338.1	0.0259	pay 0.0032% / 1h	37m 33s	$592K	$132K	25x
Short	StandX XAU-USD	4,341.9	0.0040	get 0.0005% / 1h	37m 33s	$3.8M	$4.5M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Kraken Futures. 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 Kraken FuturesbpFee StandXbpOrdersPrice spread, now +0.088%Rate

Funding earned: −$46.03
Price spread: +0.088% → +0.079%: $0.92
Slippage, 4 orders: −$13.92
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$77.04
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 15 min ago; StandX: live order book, 2 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 Kraken Futures live order book, 15 min ago	2.36 bp	8.4 bp −$8	12.2 bp −$122	doesn't fit	doesn't fit
Sell StandX live order book, 2 min ago	2.65 bp	8.2 bp −$8	8.9 bp −$89	11.1 bp −$1,109	12.3 bp −$6,130

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	4,345.2	+0.164%	$92K	$8.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,337.1	−0.023%	$271K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,341.2	+0.071%	$3.5M	$12.1M	25x	as long as short
Bluefin GOLD-PERP	+0.0009%	1h	4,335.4	−0.061%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,338.7	+0.014%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,337.9	−0.005%	$13.2M	$37.4M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.284%	$619	$54	52x	as long as short
Gate XAU_USDT	+0.0038%	4h	4,343.6	+0.126%	$267.9M	$414.5M	100x	as long as short
Lighter RH XAU	+0.0040%	1h	4,343	+0.112%	$20.1M	$39.3M	25x	as long as short
StandX XAU-USDshort	+0.0040%	1h	4,341.9	+0.088%	$3.8M	$4.5M	40x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0041%	4h	4,343.2	+0.117%	$80.3M	$151.8M	150x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,340.3	+0.051%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,375.1	+0.853%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,340.7	+0.061%	$20.8M	$34.5M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,338.7	+0.014%	$293.5M	$49.2M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,338.7	+0.013%	$15.1M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,338.4	+0.007%	$4.3M	$37.4M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,338.5	+0.009%	$2.1M	$4.8M	25x	as long as short
Aster XAUUSD1	+0.0081%	4h	4,343.5	+0.125%	$71.4M	$332.3M	20x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,341.7	+0.083%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0087%	4h	4,340.5	+0.054%	$48.3M	$27.7M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,338.1	0.000%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,337.5	−0.013%	$274K	$203K	50x	as long as short
MEXC XAU_USDT	+0.0104%	4h	4,342.1	+0.093%	$370.2M	$319.3M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,340.2	+0.050%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0107%	4h	4,342.8	+0.107%	$417.6M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,336.6	−0.033%	$30.2M	$58.3M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,339.8	+0.039%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0178%	4h	4,341.1	+0.070%	$1.4M	$2.9M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,340.8	+0.062%	$4.3M	$1.9M	20x	as long as short
Bullet GOLD-USD	+0.0217%	1h	4,341.2	+0.071%	$59K	$82K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0234%	1h	4,339.6	+0.035%	$205K	$828K	25x	as long as short
Bitget XAUUSDT	+0.0250%	4h	4,342.4	+0.098%	$71.0M	$109.3M	100x	as long as short
Kraken Futures PF_XAUUSDlong	+0.0259%	1h	4,338.1	long leg	$592K	$132K	25x
OKX XAU-USDT-SWAP	+0.0319%	8h	4,343.9	+0.134%	$166.8M	$281.9M	100x	as long as short
Phemex XAUUSDT	+0.0337%	4h	4,344.5	+0.148%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0372%	4h	4,341.7	+0.084%	$15.6M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,341.1	+0.070%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0624%	4h	4,345.7	+0.176%	$2.8M	$4.6M	75x	as long as short