XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0241%/8h= +26.4% APRnext payment +$1.21 per $10,000 · paid last 24h +0.072%

Price spread now: BloFin against MEXC+0.001%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs+$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$160.163% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.345%+$34 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.001%, 7d avg +0.010%

Together, before fees+0.414%+$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XAU_USDT	4,347.9	0.0090	pay 0.0045% / 4h	7m 14s	$372.7M	$320.6M	1000x
Short	BloFin XAU-USDT	4,348	0.0331	get 0.0166% / 4h	7m 14s	$15.6M	$4.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.001%Rate

Funding earned: $50.62
Price spread: +0.001% → +0.010%: −$0.88
Slippage, 4 orders: −$0.32
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: $33.42
Costs to cover: 0.163%
Break-even: 2.4 days

Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 7 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 MEXC live order book, 2 min ago	0.04 bp	2.0 bp −$2	2.0 bp −$20	4.5 bp −$452	19.0 bp −$9,512
Sell BloFin live order book, 7 min ago	0.13 bp	6.1 bp −$6	6.1 bp −$61	6.9 bp −$693	doesn't fit

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
RISEx XAU/USDC	0.0000%	1h	4,347.5	−0.010%	$3.4M	$12.3M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,349.2	+0.029%	$266.4M	$417.8M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,352.4	+0.102%	$92K	$8.9M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,344.1	−0.089%	$272K	—	250x	as long as short
Lighter XAU	+0.0032%	1h	4,346.6	−0.029%	$20.8M	$38.2M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344	−0.090%	$13.2M	$38.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.057%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,348.6	+0.017%	$20.1M	$39.5M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,348.3	+0.009%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,347.5	−0.010%	$5.7M	$2.0M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,380.8	+0.756%	—	$1.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,345.2	−0.063%	$2.0M	$4.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0049%	24h	4,345.8	−0.049%	$4.2M	$37.4M	15x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344.6	−0.076%	$293.9M	$48.8M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,344.2	−0.086%	$15.1M	$56.8M	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,344.4	−0.081%	$33K	—	25x	as long as short
Aster XAUUSD1	+0.0064%	4h	4,348.2	+0.006%	$71.3M	$333.1M	20x	as long as short
Variational Omni XAU	+0.0076%	4h	4,345.3	−0.061%	$48.4M	$28.2M	—	as long as short
Paradex XAU-USD-PERP	+0.0081%	8h	4,347.7	−0.006%	$19K	$5K	5x	as long as short
GRVT XAU_USDT_Perp	+0.0090%	4h	4,347	−0.022%	$1.4M	$2.9M	25x	as long as short
MEXC XAU_USDTlong	+0.0090%	4h	4,347.9	long leg	$372.7M	$320.6M	1000x
Binance XAUUSDT	+0.0091%	4h	4,347.9	−0.001%	$413.9M	$2.10B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,344	−0.090%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,343.3	−0.107%	$274K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,340.3	−0.175%	$25K	$14K	20x	as long as short
edgeX XAUUSDC	+0.0101%	4h	4,342.2	−0.131%	$30.2M	$58.0M	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,347	−0.020%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0142%	1h	4,345.2	−0.063%	$47K	$77K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0167%	1h	4,348	+0.002%	$4.3M	$2.0M	20x	as long as short
Bullet GOLD-USD	+0.0186%	1h	4,348.1	+0.004%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,344.8	−0.071%	$593K	$132K	25x	as long as short
Phemex XAUUSDT	+0.0227%	4h	4,349.4	+0.034%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,346.3	−0.037%	$206K	$825K	25x	as long as short
Bitget XAUUSDT	+0.0234%	4h	4,348.2	+0.006%	$70.7M	$109.4M	100x	as long as short
Bybit XAUUSDT	+0.0240%	4h	4,348.9	+0.023%	$85.1M	$145.4M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0300%	8h	4,349.4	+0.034%	$165.4M	$282.0M	100x	as long as short
BloFin XAU-USDTshort	+0.0331%	4h	4,348	+0.001%	$15.6M	$4.5M	100x
GMX GOLD/USD [ETH-USDC]	L +0.0419% / S −0.0240%	1h	4,348.1	+0.004%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0615%	4h	4,351.3	+0.077%	$2.8M	$4.6M	75x	as long as short