XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.10 per $10,000 · paid last 24h −0.016%

Price spread now: StandX against Phoenix+0.076%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropStandX: Active · farm boardneeds both histories

The price spread pays, funding is against you. StandX is 0.076% dearer against Phoenix than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix GOLD	4,355.1	0.0121	pay 0.0015% / 1h	35m 04s	$48K	$64K	25x
Short	StandX XAU-USD	4,358.4	0.0040	get 0.0005% / 1h	35m 04s	$3.8M	$4.7M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Phoenix. 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 PhoenixbpFee StandXbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$17.03
Price spread: +0.076% → 0.000%: $7.58
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee StandX: 4 bp × 2 orders: −$8
Net: −$24.45
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; StandX: live order book, 4 min ago. Net counts fees only.

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 Phoenix no order-book sample	—	—	—	—	—
Sell StandX live order book, 4 min ago	3.10 bp	7.1 bp −$7	7.2 bp −$72	9.8 bp −$982	11.9 bp −$5,950

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff GOLD-PERP	0.0000%	1h	4,356.8	+0.039%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,361.7	+0.152%	$263.1M	$408.7M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,357.4	+0.053%	$4.1M	$36.3M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,364.1	+0.207%	$93K	$9.7M	20x	as long as short
Aster XAUUSD1	+0.0001%	4h	4,361.3	+0.142%	$70.2M	$292.9M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,356.8	+0.040%	$270K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,356.6	+0.035%	$13.6M	$43.0M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.107%	$619	$54	52x	as long as short
StandX XAU-USDshort	+0.0040%	1h	4,358.4	+0.076%	$3.8M	$4.7M	40x
Vest GC-PERP	+0.0046%	1h	4,393	+0.870%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAU	+0.0048%	1h	4,359.5	+0.100%	$20.7M	$43.5M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,361.8	+0.153%	$20.1M	$40.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,357.1	+0.046%	$294.2M	$48.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,357.4	+0.053%	$14.9M	$57.9M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,358.5	+0.078%	$5.6M	$1.9M	20x	as long as short
Polymarket Perps GOLD-USD	+0.0060%	1h	4,359	+0.090%	$4.3M	$1.9M	20x	as long as short
Variational Omni XAU	+0.0069%	4h	4,356.5	+0.032%	$48.3M	$28.4M	—	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,357.1	+0.046%	$2.0M	$5.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,359.8	+0.108%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0084%	4h	4,350.2	−0.113%	$30.3M	$60.6M	50x	as long as short
MEXC XAU_USDT	+0.0086%	4h	4,360.1	+0.116%	$374.3M	$322.4M	1000x	as long as short
Binance XAUUSDT	+0.0087%	4h	4,360	+0.113%	$409.8M	$2.10B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,356.2	+0.026%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,352.6	−0.058%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,400.4	+1.040%	$26K	$14K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,359.5	+0.102%	$161K	$87	10x	as long as short
Phoenix GOLDlong	+0.0121%	1h	4,355.1	long leg	$48K	$64K	25x
RISEx XAU/USDC	+0.0135%	1h	4,360.3	+0.119%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0136%	4h	4,357.5	+0.055%	$1.4M	$2.9M	25x	as long as short
Bitget XAUUSDT	+0.0154%	4h	4,360.6	+0.127%	$69.3M	$109.8M	100x	as long as short
Bullet GOLD-USD	+0.0156%	1h	4,360	+0.113%	$59K	$83K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0186%	1h	4,358.8	+0.085%	$235K	$662K	25x	as long as short
Bybit XAUUSDT	+0.0193%	4h	4,361.1	+0.138%	$84.2M	$143.7M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0227%	8h	4,361.9	+0.156%	$165.1M	$284.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,358	+0.066%	$594K	$141K	25x	as long as short
BloFin XAU-USDT	+0.0286%	4h	4,364.8	+0.223%	$15.5M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0349%	4h	4,361.3	+0.142%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,360.4	+0.122%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.0521%	4h	4,363.9	+0.202%	$2.9M	$3.9M	75x	as long as short