Spread before costs (cost unknown: a leg has no order-book sample)−0.052%
7d average−0.012%if it closes, per $10,000$5funding while held, a day−$3.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XAU-USDT-SWAP | 4,349.3 | 0.0237 | pay 0.0237% / 8h | 6h 30m | $156.8M | $263.4M | 100x |
| Short | Variational Omni XAU | 4,347 | 0.0105 | get 0.0052% / 4h | 2h 30m | $48.1M | $41.2M | — |
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
- −$5.23
- Funding while held
- −$3.96
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$19.19
- Spread needed to break even
- 0.100%
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0132%
- Per $10,000 a day
- −$3.96
- 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, 5 min ago | 0.12 bp | 5.1 bp −$5 | 5.1 bp −$51 | 6.2 bp −$616 | 14.6 bp −$7,310 |
| Sell Variational Omni RFQ quote, just now | 1.54 bp | doesn't fit | 1.7 bp −$17 | 4.3 bp −$430 | 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 | −0.169% | +0.0100% | 1h | $26K | $23K | 20x | as long as short |
| edgeX XAUUSDC | −0.167% | +0.0127% | 4h | $30.3M | $56.8M | 50x | as long as short |
| ApeX Omni XAUUSDT | −0.149% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Phoenix GOLD | −0.147% | +0.0101% | 1h | $43K | $65K | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.136% | +0.0016% | 1h | $33K | — | 25x | as long as short |
| Ondo Perps XAU-USD.P | −0.122% | +0.0050% | 1h | $14.7M | $47.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.108% | +0.0054% | 24h | $4.2M | $30.2M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.094% | +0.0056% | 1h | $1.9M | $5.1M | 25x | as long as short |
| Pacifica XAU | −0.092% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.086% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended XAU-USD | −0.084% | +0.0064% | 1h | $13.3M | $52.1M | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.076% | +0.0050% | 1h | $294.5M | $60.8M | 25x | as long as short |
| BloFin XAU-USDT | −0.071% | +0.0394% | 4h | $15.0M | $4.2M | 100x | as long as short |
| RISEx XAU/USDC | −0.061% | 0.0000% | 1h | $3.7M | $13.0M | 25x | as long as short |
| StandX XAU-USD | −0.060% | +0.0040% | 1h | $3.8M | $2.6M | 40x | as long as short |
| Kraken Futures PF_XAUUSD | −0.058% | +0.0252% | 1h | $587K | $110K | 25x | as long as short |
| Variational Omni XAUshort | −0.052% | +0.0105% | 4h | $48.1M | $41.2M | — | |
| Deribit GOLD_USDC-PERPETUAL | −0.021% | +0.0302% | 1h | $214K | $981K | 25x | as long as short |
| Bitget XAUUSDT | −0.020% | +0.0234% | 4h | $69.5M | $106.0M | 100x | as long as short |
| Aevo XAU-PERP | −0.016% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bullet GOLD-USD | −0.014% | +0.0104% | 1h | $58K | $77K | 10x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.014% | L +0.0375% / S −0.0194% | 1h | $221K | — | 111x | as long as short |
| MEXC XAU_USDT | −0.014% | +0.0122% | 4h | $378.7M | $360.7M | 1000x | as long as short |
| Lighter XAU | −0.012% | +0.0080% | 1h | $20.7M | $44.6M | 25x | as long as short |
| Binance XAUUSDT | −0.011% | +0.0123% | 4h | $418.4M | $2.05B | 100x | as long as short |
| Paradex XAU-USD-PERP | −0.011% | +0.0066% | 8h | $19K | $6K | 5x | as long as short |
| QFEX GOLD-USD | −0.007% | +0.0044% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Polymarket Perps GOLD-USD | −0.005% | +0.0145% | 1h | $4.2M | $2.1M | 20x | as long as short |
| Bybit XAUUSDT | −0.001% | +0.0088% | 4h | $83.0M | $135.0M | 150x | as long as short |
| OKX XAU-USDT-SWAPlong | 0.000% | +0.0237% | 8h | $156.8M | $263.4M | 100x | |
| Phemex XAUUSDT | +0.009% | +0.0235% | 4h | $2.2M | $1.0M | 100x | as long as short |
| Gate XAU_USDT | +0.011% | +0.0018% | 4h | $273.5M | $392.4M | 100x | as long as short |
| Aster XAUUSD1 | +0.015% | +0.0100% | 4h | $69.5M | $240.2M | 20x | as long as short |
| Injective XAU/USDC PERP | +0.026% | +0.0033% | 1h | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.035% | +0.0128% | 1h | $20.1M | $41.3M | 25x | as long as short |
| HTX XAU-USDT | +0.040% | +0.0272% | 4h | $2.4M | $2.4M | 75x | as long as short |
| SunX XAU-USDT | +0.053% | 0.0000% | 4h | $92K | $11.2M | 20x | as long as short |
| Vest GC-PERP | +0.782% | +0.0046% | 1h | — | $974K | 25x | as long as short |
OKX XAU-USDT-SWAP
Variational Omni XAU
Bluefin
ApeX Omni
Phoenix
Coinbase International
Pacifica
gTrade (Gains Network)
Extended
tradeXYZ
BloFin
RISEx
StandX
Kraken Futures
Deribit
Bitget
Bullet
GMX
MEXC
Lighter
Binance
Paradex
Polymarket Perps
Bybit
Phemex
Gate
Aster
Injective
Lighter RH
HTX
SunX