After costs, if the gap returns to its 7d average, $10k−$3
spread now−0.017%7d average−0.122%fees + slippage, in and out−$14spread needed0.138%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAU_USDT | 4,348.7 | 0.0128 | pay 0.0064% / 4h | 3h 11m | $368.9M | $386.5M | 1000x |
| Short | Deribit GOLD_USDC-PERPETUAL | 4,348 | 0.0302 | get 0.0038% / 1h | 11m 41s | $214K | $975K | 25x |
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
- −$1.7
- Funding while held
- $5.23
- Slippage, 4 orders
- −$2.8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$10.27
- Spread needed to break even
- 0.138%
Slippage from MEXC: live order book, 4 min ago; Deribit: live order book, 64 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0174%
- Per $10,000 a day
- +$5.23
- 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, 4 min ago | 0.02 bp | 2.0 bp −$2 | 2.0 bp −$20 | 2.2 bp −$222 | 21.6 bp −$10.8K |
| Sell Deribit live order book, 64 min ago | 0.12 bp | 6.1 bp −$6 | 8.5 bp −$85 | doesn't fit | 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 | −0.143% | +0.8000% | 1h | $26K | $23K | 20x | as long as short |
| Kalshi KXGOLDPERP | −0.114% | +0.0068% | 24h | $4.2M | $30.3M | 15x | as long as short |
| ApeX Omni XAUUSDT | −0.093% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Phoenix GOLD | −0.093% | +0.0061% | 1h | $43K | $55K | 25x | as long as short |
| Ondo Perps XAU-USD.P | −0.092% | +0.0050% | 1h | $14.8M | $46.3M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.086% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Extended XAU-USD | −0.084% | +0.0136% | 1h | $13.3M | $52.2M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.075% | −0.0040% | 1h | $33K | — | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.070% | +0.0064% | 1h | $1.9M | $5.1M | 25x | as long as short |
| RISEx XAU/USDC | −0.067% | 0.0000% | 1h | $3.9M | $12.9M | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | −0.063% | +0.0050% | 1h | $294.4M | $60.3M | 25x | as long as short |
| edgeX XAUUSDC | −0.059% | +0.0138% | 4h | $30.2M | $56.2M | 50x | as long as short |
| Pacifica XAU | −0.056% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Kraken Futures PF_XAUUSD | −0.049% | +0.0185% | 1h | $587K | $110K | 25x | as long as short |
| BloFin XAU-USDT | −0.030% | +0.0369% | 4h | $14.9M | $4.4M | 100x | as long as short |
| QFEX GOLD-USD | −0.026% | +0.0029% | 1h | $5.4M | $2.0M | 20x | as long as short |
| StandX XAU-USD | −0.022% | +0.0040% | 1h | $3.8M | $1.9M | 40x | as long as short |
| Deribit GOLD_USDC-PERPETUALshort | −0.017% | +0.0302% | 1h | $214K | $975K | 25x | |
| Aevo XAU-PERP | −0.017% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bitget XAUUSDT | −0.013% | +0.0266% | 4h | $70.3M | $102.3M | 100x | as long as short |
| Bullet GOLD-USD | −0.012% | +0.0100% | 1h | $58K | $77K | 10x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.010% | L +0.0370% / S −0.0189% | 1h | $221K | — | 111x | as long as short |
| Polymarket Perps GOLD-USD | −0.008% | +0.0201% | 1h | $4.2M | $1.9M | 20x | as long as short |
| Lighter XAU | −0.003% | +0.0096% | 1h | $20.7M | $44.9M | 25x | as long as short |
| Binance XAUUSDT | 0.000% | +0.0130% | 4h | $417.4M | $2.06B | 100x | as long as short |
| MEXC XAU_USDTlong | 0.000% | +0.0128% | 4h | $368.9M | $386.5M | 1000x | |
| Aster XAUUSD1 | +0.004% | +0.0098% | 4h | $69.1M | $239.6M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.007% | +0.0065% | 8h | $19K | $6K | 5x | as long as short |
| Bybit XAUUSDT | +0.014% | +0.0134% | 4h | $83.3M | $134.5M | 150x | as long as short |
| Gate XAU_USDT | +0.017% | +0.0006% | 4h | $275.2M | $390.7M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.020% | +0.0231% | 8h | $157.4M | $261.0M | 100x | as long as short |
| Phemex XAUUSDT | +0.023% | +0.0393% | 4h | $2.2M | $1.0M | 100x | as long as short |
| Injective XAU/USDC PERP | +0.039% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Variational Omni XAU | +0.043% | +0.0108% | 4h | $48.0M | $43.2M | — | as long as short |
| HTX XAU-USDT | +0.047% | +0.0294% | 4h | $2.4M | $2.4M | 75x | as long as short |
| Lighter RH XAU | +0.063% | +0.0144% | 1h | $19.9M | $41.4M | 25x | as long as short |
| SunX XAU-USDT | +0.092% | 0.0000% | 4h | $93K | $11.4M | 20x | as long as short |
| Vest GC-PERP | +0.779% | +0.0046% | 1h | — | $953K | 25x | as long as short |
MEXC XAU_USDT
Deribit GOLD_USDC-PERPETUAL
Bluefin
ApeX Omni
Phoenix
gTrade (Gains Network)
Extended
Coinbase International
RISEx
tradeXYZ
Pacifica
Kraken Futures
BloFin
StandX
Bitget
Bullet
GMX
Polymarket Perps
Lighter
Binance
Aster
Paradex
Bybit
Gate
OKX
Phemex
Injective
Variational Omni
HTX
Lighter RH
SunX