data as of
Settings8H · net · $10k
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Price arb /

XAU

RWAall XAU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$16
spread now−0.012%7d average+0.039%fees + slippage, in and out−$11spread needed0.112%
Long on LighterShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XAU4,341.30.0088pay 0.0011% / 1h24m 50s$20.6M$42.9M25x
ShortBinance XAUUSDT4,340.80.0150get 0.0075% / 4h1h 24m$441.8M$1.78B100x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$1.19
Funding while held
$1.85
Slippage, 4 orders
−$1.19
Fee Lighter: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$10.53
Spread needed to break even
0.112%
Slippage from Lighter: live order book, 5 min ago; Binance: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
+0.0062%
Per $10,000 a day
+$1.85
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago0.40 bp0.6 bp −$12.3 bp −$238.8 bp −$87619.4 bp −$9,722
Sell Binance live order book, 6 min ago0.01 bp5.0 bp −$55.0 bp −$506.0 bp −$604doesn't fit

XAU price on every exchange

against the cheapest. Click to use as the short leg.
Bluefin4,336.5cheapestExtended4,336.7+0.006%tradeXYZ4,337+0.012%gTrade (Gains Network)4,338.1+0.038%ApeX Omni4,339.6+0.073%Coinbase International4,339.9+0.079%Kraken Futures4,340.7+0.096%Ondo Perps4,340.7+0.098%Deribit4,340.8+0.100%
Binance4,340.8+0.100%
OKX4,341.1+0.107%Bitget4,341.2+0.109%
Lighter4,341.3+0.112%
MEXC4,341.3+0.112%Bybit4,341.6+0.118%Phoenix4,341.7+0.120%edgeX4,341.8+0.123%Gate4,342.1+0.131%Aster4,342.2+0.132%Hotstuff4,342.4+0.137%Aevo4,342.5+0.138%Variational Omni4,342.8+0.146%Pacifica4,342.8+0.146%BloFin4,342.9+0.147%Kalshi4,343.1+0.153%RISEx4,343.1+0.153%GMX4,343.1+0.153%QFEX4,343.6+0.164%Bullet4,343.7+0.166%Lighter RH4,343.8+0.169%Paradex4,344.5+0.186%Polymarket Perps4,344.6+0.187%Phemex4,344.7+0.189%StandX4,346.4+0.229%SunX4,347.2+0.248%HTX4,348.1+0.268%Injective4,350.4+0.321%Vest4,378+0.957%

XAU on 38 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bluefin GOLD-PERP−0.112%+0.4600%1h$26K$23K20xas long as short
Extended XAU-USD−0.106%+0.0040%1h$13.3M$52.8M25xas long as short
tradeXYZ xyz:GOLD−0.100%+0.0050%1h$293.7M$52.8M25xas long as short
gTrade (Gains Network) XAU/USD−0.073%L +0.0002% / S −0.0001%1h$186K—250xas long as short
ApeX Omni XAUUSDT−0.039%+0.0100%1h$272K$203K50xas long as short
Coinbase International GOLD-PERP-INTX−0.033%+0.0120%1h$2.0M$4.7M25xas long as short
Kraken Futures PF_XAUUSD−0.015%+0.0274%1h$588K$104K25xas long as short
Ondo Perps XAU-USD.P−0.014%+0.0050%1h$14.7M$40.1M25xas long as short
Deribit GOLD_USDC-PERPETUAL−0.012%+0.0234%1h$202K$907K25xas long as short
Binance XAUUSDTshort−0.012%+0.0150%4h$441.8M$1.78B100x
Show all 38 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX XAU-USDT-SWAP−0.005%+0.0264%8h$156.6M$240.6M100xas long as short
Bitget XAUUSDT−0.003%+0.0250%4h$66.8M$86.5M100xas long as short
Lighter XAUlong0.000%+0.0088%1h$20.6M$42.9M25x
MEXC XAU_USDT0.000%+0.0146%4h$369.7M$361.9M1000xas long as short
Bybit XAUUSDT+0.006%+0.0091%4h$81.5M$123.3M150xas long as short
Phoenix GOLD+0.009%+0.0123%1h$52K$53K25xas long as short
edgeX XAUUSDC+0.012%+0.0157%4h$30.2M$47.6M50xas long as short
Gate XAU_USDT+0.019%+0.0054%4h$262.2M$341.7M100xas long as short
Aster XAUUSD1+0.020%+0.0152%4h$68.3M$158.9M20xas long as short
Hotstuff GOLD-PERP+0.025%0.0000%1h$33K—25xas long as short
Aevo XAU-PERP+0.026%+0.0120%1h$161K$4310xas long as short
Variational Omni XAU+0.034%+0.0133%4h$47.1M$43.0M—as long as short
Pacifica XAU+0.034%+0.0100%1h$1.4M$1.3M10xas long as short
BloFin XAU-USDT+0.035%+0.0390%4h$15.0M$4.1M100xas long as short
Kalshi KXGOLDPERP+0.041%+0.0167%24h$4.0M$22.2M15xas long as short
RISEx XAU/USDC+0.041%0.0000%1h$3.8M$10.9M25xas long as short
GMX GOLD/USD [ETH-USDC]+0.041%L +0.0352% / S −0.0166%1h$219K—111xas long as short
QFEX GOLD-USD+0.052%+0.0040%1h$5.4M$2.1M20xas long as short
Bullet GOLD-USD+0.055%+0.0226%1h$58K$78K10xas long as short
Lighter RH XAU+0.057%+0.0088%1h$19.6M$38.8M25xas long as short
Paradex XAU-USD-PERP+0.074%+0.0063%8h$19K$6K5xas long as short
Polymarket Perps GOLD-USD+0.075%+0.0294%1h$4.1M$1.8M20xas long as short
Phemex XAUUSDT+0.077%+0.0194%4h$2.2M$961K100xas long as short
StandX XAU-USD+0.117%+0.0040%1h$3.7M$1.4M40xas long as short
SunX XAU-USDT+0.136%0.0000%4h$92K$10.2M20xas long as short
HTX XAU-USDT+0.156%+0.0400%4h$2.4M$1.9M75xas long as short
Injective XAU/USDC PERP+0.209%+0.0033%1h$619$146K52xas long as short
Vest GC-PERP+0.845%+0.0046%1h—$631K25xas long as short