After costs, if the gap returns to its 7d average, $10k−$12
spread now+0.028%7d average+0.008%fees + slippage, in and out−$14spread needed0.143%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAU_USDT | 4,350.8 | 0.0138 | pay 0.0069% / 4h | 1h 02m | $384.1M | $333.5M | 1000x |
| Short | OKX XAU-USDT-SWAP | 4,352 | 0.0288 | get 0.0288% / 8h | 5h 02m | $156.4M | $263.4M | 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
- $2.78
- Funding while held
- $4.51
- Slippage, 4 orders
- −$0.3
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$7.01
- Spread needed to break even
- 0.143%
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0150%
- Per $10,000 a day
- +$4.51
- 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 | 2.1 bp −$21 | 9.0 bp −$902 | 25.9 bp −$12.9K |
| Sell OKX live order book, 3 min ago | 0.12 bp | 5.1 bp −$5 | 5.1 bp −$51 | 6.2 bp −$625 | 13.2 bp −$6,601 |
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 | −0.123% | −0.0072% | 1h | $26K | $21K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.093% | +0.0050% | 1h | $14.8M | $49.4M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.071% | +0.0039% | 24h | $4.2M | $30.7M | 15x | as long as short |
| Extended XAU-USD | −0.069% | +0.0192% | 1h | $13.3M | $50.9M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.060% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.046% | +0.0064% | 1h | $2.0M | $5.2M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.039% | +0.0016% | 1h | $33K | — | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.035% | +0.0310% | 1h | $588K | $108K | 25x | as long as short |
| Pacifica XAU | −0.034% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| tradeXYZ xyz:GOLD | −0.032% | +0.0050% | 1h | $294.4M | $61.2M | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni XAUUSDT | −0.024% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| edgeX XAUUSDC | −0.019% | +0.0145% | 4h | $30.3M | $56.2M | 50x | as long as short |
| Phoenix GOLD | −0.014% | +0.0088% | 1h | $43K | $65K | 25x | as long as short |
| Injective XAU/USDC PERP | −0.009% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.004% | +0.0233% | 1h | $223K | $963K | 25x | as long as short |
| Lighter XAU | −0.004% | +0.0088% | 1h | $20.8M | $46.0M | 25x | as long as short |
| Binance XAUUSDT | −0.001% | +0.0139% | 4h | $414.5M | $2.05B | 100x | as long as short |
| MEXC XAU_USDTlong | 0.000% | +0.0138% | 4h | $384.1M | $333.5M | 1000x | |
| QFEX GOLD-USD | 0.000% | +0.0049% | 1h | $5.5M | $2.1M | 20x | as long as short |
| BloFin XAU-USDT | +0.004% | +0.0379% | 4h | $14.9M | $4.1M | 100x | as long as short |
| Bitget XAUUSDT | +0.006% | +0.0270% | 4h | $69.3M | $108.7M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.010% | L +0.0445% / S −0.0271% | 1h | $251K | — | 111x | as long as short |
| Bullet GOLD-USD | +0.010% | +0.0107% | 1h | $58K | $77K | 10x | as long as short |
| RISEx XAU/USDC | +0.011% | 0.0000% | 1h | $3.5M | $12.1M | 25x | as long as short |
| Aevo XAU-PERP | +0.014% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Paradex XAU-USD-PERP | +0.018% | +0.0074% | 8h | $19K | $6K | 5x | as long as short |
| Aster XAUUSD1 | +0.019% | +0.0160% | 4h | $70.1M | $240.0M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.023% | +0.0200% | 1h | $4.4M | $2.3M | 20x | as long as short |
| Bybit XAUUSDT | +0.025% | +0.0150% | 4h | $83.8M | $138.9M | 150x | as long as short |
| OKX XAU-USDT-SWAPshort | +0.028% | +0.0288% | 8h | $156.4M | $263.4M | 100x | |
| Variational Omni XAU | +0.031% | +0.0129% | 4h | $47.8M | $34.7M | — | as long as short |
| Gate XAU_USDT | +0.040% | +0.0046% | 4h | $274.6M | $403.6M | 100x | as long as short |
| StandX XAU-USD | +0.042% | +0.0040% | 1h | $3.8M | $4.2M | 40x | as long as short |
| Phemex XAUUSDT | +0.080% | +0.0332% | 4h | $2.2M | $1.1M | 100x | as long as short |
| Lighter RH XAU | +0.083% | +0.0168% | 1h | $20.3M | $45.1M | 25x | as long as short |
| HTX XAU-USDT | +0.084% | +0.0303% | 4h | $2.9M | $3.3M | 75x | as long as short |
| SunX XAU-USDT | +0.107% | 0.0000% | 4h | $93K | $11.0M | 20x | as long as short |
| Vest GC-PERP | +0.821% | +0.0046% | 1h | — | $995K | 25x | as long as short |
MEXC XAU_USDT
OKX XAU-USDT-SWAP
Bluefin
Extended
gTrade (Gains Network)
Coinbase International
Kraken Futures
Pacifica
tradeXYZ
ApeX Omni
Phoenix
Injective
Deribit
Lighter
Binance
BloFin
Bitget
GMX
Bullet
RISEx
Paradex
Aster
Polymarket Perps
Bybit
Variational Omni
Gate
StandX
Phemex
Lighter RH
HTX
SunX