After costs, if the gap returns to its 7d average, $10k−$6
spread now+0.033%7d average−0.028%fees + slippage, in and out−$12spread needed0.120%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XAU-USDT-SWAP | 4,359.6 | 0.0317 | pay 0.0317% / 8h | 2h 26m | $154.7M | $205.5M | 100x |
| Short | Lighter RH XAU | 4,361.1 | 0.0088 | get 0.0011% / 1h | 26m 26s | $19.9M | $36.7M | 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
- $3.33
- Funding while held
- −$6.87
- Slippage, 4 orders
- −$1.98
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$15.53
- Spread needed to break even
- 0.120%
Slippage from OKX: live order book, 4 min ago; Lighter RH: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0229%
- Per $10,000 a day
- −$6.87
- 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 OKX live order book, 4 min ago | 0.11 bp | 5.1 bp −$5 | 5.1 bp −$51 | 7.2 bp −$720 | 15.7 bp −$7,864 |
| Sell Lighter RH live order book, 4 min ago | 0.49 bp | 0.9 bp −$1 | 0.9 bp −$9 | 5.1 bp −$508 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective XAU/USDC PERP | −0.211% | +0.0033% | 1h | $619 | $146K | 52x | as long as short |
| Bluefin GOLD-PERP | −0.154% | +0.0001% | 1h | $26K | $23K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.127% | +0.0050% | 1h | $14.7M | $35.8M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.120% | L +0.0002% / S −0.0002% | 1h | $201K | — | 250x | as long as short |
| Extended XAU-USD | −0.102% | +0.0032% | 1h | $13.3M | $50.2M | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.096% | +0.0050% | 1h | $296.4M | $48.7M | 25x | as long as short |
| RISEx XAU/USDC | −0.087% | 0.0000% | 1h | $4.1M | $10.5M | 25x | as long as short |
| Pacifica XAU | −0.078% | +0.0100% | 1h | $1.4M | $1.1M | 10x | as long as short |
| Hotstuff GOLD-PERP | −0.060% | +0.0064% | 1h | $33K | — | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.053% | 0.0000% | 24h | $3.1M | $17.2M | 15x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | −0.035% | +0.0063% | 8h | $12K | $2K | 5x | as long as short |
| Aevo XAU-PERP | −0.034% | +0.0120% | 1h | $161K | — | 10x | as long as short |
| Lighter XAU | −0.034% | +0.0080% | 1h | $20.9M | $39.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | −0.032% | +0.0233% | 1h | $4.1M | $1.7M | 20x | as long as short |
| QFEX GOLD-USD | −0.030% | +0.0043% | 1h | $5.4M | $2.0M | 20x | as long as short |
| Binance XAUUSDT | −0.028% | +0.0146% | 4h | $439.6M | $1.53B | 100x | as long as short |
| MEXC XAU_USDT | −0.025% | +0.0146% | 4h | $374.1M | $326.3M | 1000x | as long as short |
| Bitget XAUUSDT | −0.019% | +0.0234% | 4h | $68.1M | $72.7M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.018% | L +0.0343% / S −0.0153% | 1h | $219K | — | 111x | as long as short |
| Bullet GOLD-USD | −0.017% | +0.0195% | 1h | $58K | $78K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | −0.011% | +0.0305% | 1h | $588K | $98K | 25x | as long as short |
| Aster XAUUSD1 | −0.008% | +0.0135% | 4h | $68.6M | $155.6M | 20x | as long as short |
| Bybit XAUUSDT | −0.004% | +0.0165% | 4h | $82.4M | $105.1M | 150x | as long as short |
| OKX XAU-USDT-SWAPlong | 0.000% | +0.0317% | 8h | $154.7M | $205.5M | 100x | |
| Deribit GOLD_USDC-PERPETUAL | +0.011% | +0.0232% | 1h | $249K | $857K | 25x | as long as short |
| Gate XAU_USDT | +0.014% | +0.0088% | 4h | $260.0M | $304.1M | 100x | as long as short |
| ApeX Omni XAUUSDT | +0.031% | +0.0100% | 1h | $278K | $199K | 50x | as long as short |
| Lighter RH XAUshort | +0.033% | +0.0088% | 1h | $19.9M | $36.7M | 25x | |
| edgeX XAUUSDC | +0.057% | +0.0149% | 4h | $30.4M | $41.2M | 50x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.057% | +0.0096% | 1h | $2.1M | $3.7M | 25x | as long as short |
| Phoenix GOLD | +0.064% | +0.0141% | 1h | $52K | $44K | 25x | as long as short |
| StandX XAU-USD | +0.101% | +0.0040% | 1h | $3.7M | $740K | 40x | as long as short |
| BloFin XAU-USDT | +0.111% | +0.0387% | 4h | $15.0M | $3.0M | 100x | as long as short |
| Phemex XAUUSDT | +0.118% | +0.0213% | 4h | $2.2M | $750K | 100x | as long as short |
| SunX XAU-USDT | +0.143% | 0.0000% | 4h | $93K | $8.8M | 20x | as long as short |
| HTX XAU-USDT | +0.161% | +0.0413% | 4h | $2.4M | $1.3M | 75x | as long as short |
| Variational Omni XAU | +0.166% | +0.0137% | 4h | $47.4M | $42.3M | — | as long as short |
| Vest GC-PERP | +0.768% | +0.0046% | 1h | — | $331K | 25x | as long as short |
OKX XAU-USDT-SWAP
Lighter RH XAU
Injective
Bluefin
gTrade (Gains Network)
Extended
tradeXYZ
RISEx
Pacifica
Paradex
Lighter
Polymarket Perps
Binance
MEXC
Bitget
GMX
Bullet
Kraken Futures
Aster
Bybit
Deribit
Gate
ApeX Omni
Coinbase International
Phoenix
StandX
BloFin
Phemex
SunX
HTX
Variational Omni