XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.035%

Price spread now: RISEx against QFEX−0.008%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$230.227% of the position

Long on QFEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.072%+$7 on $10k

Price spread, last 7 days+0.045%+$5 · spread now −0.008%, 7d avg +0.044%

Together, before fees+0.118%+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.052% cheaper against QFEX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOLD-USD	4,362.9	0.0045	pay 0.0006% / 1h	0m 23s	$5.6M	$1.9M	20x
Short	RISEx XAU/USDC	4,362.5	0.0048	get 0.0006% / 1h	0m 23s	$3.4M	$12.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against QFEX. 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 QFEXbpFee RISExbpOrdersPrice spread, now −0.008%Rate

Funding earned: $0.47
Price spread: −0.008% → +0.044%: −$5.18
Slippage, 4 orders: −$6.74
Fee QFEX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$27.44
Costs to cover: 0.227%
Break-even: 412.1 days

Slippage from QFEX: live order book, 8 min ago; RISEx: live order book, 4 min ago.

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 QFEX live order book, 8 min ago	3.10 bp	8.1 bp −$8	8.1 bp −$81	10.3 bp −$1,031	doesn't fit
Sell RISEx live order book, 4 min ago	0.01 bp	3.0 bp −$3	3.5 bp −$35	41.8 bp −$4,184	doesn't fit

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
Aster XAUUSD1	0.0000%	4h	4,363.2	+0.008%	$69.8M	$236.4M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,363.4	+0.011%	$265.3M	$423.3M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,360.3	−0.060%	$4.0M	$36.7M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,367.1	+0.097%	$93K	$10.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,358.4	−0.104%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,358.4	−0.103%	$13.5M	$43.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.286%	$619	$54	52x	as long as short
Variational Omni XAU	+0.0040%	4h	4,362	−0.021%	$48.4M	$28.5M	—	as long as short
StandX XAU-USD	+0.0040%	1h	4,363.9	+0.023%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USDlong	+0.0045%	1h	4,362.9	long leg	$5.6M	$1.9M	20x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,395.9	+0.756%	—	$1.0M	25x	as long as short
RISEx XAU/USDCshort	+0.0048%	1h	4,362.5	−0.008%	$3.4M	$12.4M	25x
tradeXYZ xyz:GOLD	+0.0050%	1h	4,359	−0.089%	$294.2M	$51.8M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,358.5	−0.101%	$14.8M	$57.2M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,359.6	−0.076%	$48K	$64K	25x	as long as short
MEXC XAU_USDT	+0.0056%	4h	4,362.6	−0.007%	$372.8M	$331.7M	1000x	as long as short
Binance XAUUSDT	+0.0059%	4h	4,362.9	−0.001%	$411.6M	$2.14B	100x	as long as short
edgeX XAUUSDC	+0.0063%	4h	4,356.5	−0.146%	$30.3M	$60.4M	50x	as long as short
Lighter XAU	+0.0072%	1h	4,360.2	−0.062%	$20.6M	$44.5M	25x	as long as short
Paradex XAU-USD-PERP	+0.0088%	8h	4,362.9	−0.001%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0088%	1h	4,364.5	+0.036%	$20.2M	$41.5M	25x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,361.7	−0.027%	$162K	$87	10x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,359.4	−0.080%	$2.0M	$5.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,360	−0.066%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,359.2	−0.086%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,355.2	−0.178%	$26K	$22K	20x	as long as short
Bitget XAUUSDT	+0.0110%	4h	4,362.7	−0.005%	$69.7M	$112.2M	100x	as long as short
Polymarket Perps GOLD-USD	+0.0116%	1h	4,361.5	−0.032%	$4.3M	$1.8M	20x	as long as short
Hotstuff GOLD-PERP	+0.0128%	1h	4,358.3	−0.105%	$33K	—	25x	as long as short
GRVT XAU_USDT_Perp	+0.0142%	4h	4,362.6	−0.006%	$1.4M	$3.1M	25x	as long as short
Bybit XAUUSDT	+0.0197%	4h	4,363	+0.003%	$83.7M	$144.7M	150x	as long as short
Bullet GOLD-USD	+0.0214%	1h	4,362.9	0.000%	$59K	$82K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0216%	8h	4,363.7	+0.018%	$164.2M	$287.5M	100x	as long as short
BloFin XAU-USDT	+0.0225%	4h	4,362.7	−0.004%	$15.4M	$4.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,359.8	−0.070%	$595K	$141K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0232%	1h	4,360.6	−0.053%	$235K	$658K	25x	as long as short
Phemex XAUUSDT	+0.0301%	4h	4,364.9	+0.045%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,362.9	+0.001%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0557%	4h	4,367.1	+0.097%	$2.9M	$3.9M	75x	as long as short