After costs, if the gap returns to its 7d average, $10k−$17
spread now+0.002%7d average+0.006%fees + slippage, in and out−$16spread needed0.163%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAU_USDT | 4,353.9 | 0.0172 | pay 0.0086% / 4h | 32m 15s | $369.3M | $378.0M | 1000x |
| Short | Bitget XAUUSDT | 4,354 | 0.0292 | get 0.0146% / 4h | 32m 15s | $71.4M | $92.6M | 100x |
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
- $0.18
- Funding while held
- $3.6
- Slippage, 4 orders
- −$0.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$12.55
- Spread needed to break even
- 0.163%
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0120%
- Per $10,000 a day
- +$3.60
- 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 MEXC live order book, 3 min ago | 0.03 bp | 2.0 bp −$2 | 2.0 bp −$20 | 5.6 bp −$563 | 23.1 bp −$11.6K |
| Sell Bitget live order book, 3 min ago | 0.01 bp | 6.0 bp −$6 | 6.4 bp −$64 | 11.0 bp −$1,097 | 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 | −0.122% | −0.0264% | 1h | $26K | $23K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.104% | +0.0050% | 1h | $14.8M | $42.6M | 25x | as long as short |
| edgeX XAUUSDC | −0.095% | +0.0176% | 4h | $30.3M | $52.5M | 50x | as long as short |
| Kalshi KXGOLDPERP | −0.083% | +0.0122% | 24h | $4.2M | $29.3M | 15x | as long as short |
| tradeXYZ xyz:GOLD | −0.081% | +0.0050% | 1h | $294.2M | $55.3M | 25x | as long as short |
| Injective XAU/USDC PERP | −0.081% | +0.0033% | 1h | $619 | $72K | 52x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.076% | +0.0104% | 1h | $2.0M | $4.9M | 25x | as long as short |
| Extended XAU-USD | −0.073% | +0.0064% | 1h | $13.3M | $52.5M | 25x | as long as short |
| Phoenix GOLD | −0.070% | +0.0107% | 1h | $52K | $54K | 25x | as long as short |
| Phemex XAUUSDT | −0.070% | 0.0000% | 4h | $2.2M | $991K | 100x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XAU/USD | −0.062% | L +0.0002% / S −0.0001% | 1h | $187K | — | 250x | as long as short |
| ApeX Omni XAUUSDT | −0.061% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Kraken Futures PF_XAUUSD | −0.055% | +0.0301% | 1h | $589K | $106K | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.042% | 0.0000% | 1h | $33K | — | 25x | as long as short |
| Pacifica XAU | −0.040% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.021% | L +0.0362% / S −0.0176% | 1h | $221K | — | 111x | as long as short |
| Variational Omni XAU | −0.013% | +0.0157% | 4h | $47.1M | $42.0M | — | as long as short |
| QFEX GOLD-USD | −0.012% | +0.0051% | 1h | $5.4M | $1.9M | 20x | as long as short |
| Aevo XAU-PERP | −0.011% | +0.0120% | 1h | $161K | $87 | 10x | as long as short |
| Polymarket Perps GOLD-USD | −0.008% | +0.0207% | 1h | $4.1M | $1.8M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.005% | +0.0072% | 1h | $200K | $929K | 25x | as long as short |
| RISEx XAU/USDC | −0.005% | 0.0000% | 1h | $3.7M | $12.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | −0.004% | +0.0070% | 8h | $19K | $6K | 5x | as long as short |
| Binance XAUUSDT | −0.003% | +0.0172% | 4h | $419.2M | $1.95B | 100x | as long as short |
| OKX XAU-USDT-SWAP | −0.003% | +0.0253% | 8h | $159.2M | $254.7M | 100x | as long as short |
| Aster XAUUSD1 | −0.002% | +0.0158% | 4h | $69.1M | $161.7M | 20x | as long as short |
| MEXC XAU_USDTlong | 0.000% | +0.0172% | 4h | $369.3M | $378.0M | 1000x | |
| Bullet GOLD-USD | +0.001% | +0.0119% | 1h | $59K | $78K | 10x | as long as short |
| Bitget XAUUSDTshort | +0.002% | +0.0292% | 4h | $71.4M | $92.6M | 100x | |
| Lighter XAU | +0.004% | +0.0088% | 1h | $20.6M | $44.8M | 25x | as long as short |
| Bybit XAUUSDT | +0.008% | +0.0108% | 4h | $82.3M | $128.2M | 150x | as long as short |
| Gate XAU_USDT | +0.014% | +0.0048% | 4h | $276.3M | $368.3M | 100x | as long as short |
| BloFin XAU-USDT | +0.022% | +0.0413% | 4h | $15.4M | $4.3M | 100x | as long as short |
| StandX XAU-USD | +0.050% | +0.0040% | 1h | $3.8M | $1.6M | 40x | as long as short |
| Lighter RH XAU | +0.064% | +0.0080% | 1h | $19.7M | $39.3M | 25x | as long as short |
| HTX XAU-USDT | +0.064% | +0.0377% | 4h | $2.4M | $2.1M | 75x | as long as short |
| SunX XAU-USDT | +0.100% | 0.0000% | 4h | $93K | $11.1M | 20x | as long as short |
| Vest GC-PERP | +0.808% | +0.0046% | 1h | — | $789K | 25x | as long as short |
MEXC XAU_USDT
Bitget XAUUSDT
Bluefin
tradeXYZ
Injective
Coinbase International
Extended
Phoenix
Phemex
gTrade (Gains Network)
ApeX Omni
Kraken Futures
Pacifica
GMX
Variational Omni
Polymarket Perps
Deribit
RISEx
Paradex
Binance
OKX
Aster
Bullet
Lighter
Bybit
Gate
BloFin
StandX
Lighter RH
HTX
SunX