XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.214%

Price spread now: Bluefin against RISEx−0.134%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bluefin is 0.134% cheaper against RISEx than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAU/USDC	4,352.9	0.0135	pay 0.0017% / 1h	13m 28s	$3.4M	$12.4M	25x
Short	Bluefin GOLD-PERP	4,347	0.0100	get 0.0013% / 1h	13m 28s	$25K	$14K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against RISEx. 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 RISExbpFee BluefinbpOrdersPrice spread, now −0.134%Rate

Funding earned: −$7.38
Price spread: −0.134% → 0.000%: −$13.44
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$33.82
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 6 min ago; Bluefin: no order-book sample. 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 RISEx live order book, 6 min ago	0.01 bp	4.1 bp −$4	4.3 bp −$43	33.9 bp −$3,392	doesn't fit
Sell Bluefin no order-book sample	—	—	—	—	—

Bluefin: 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 38 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
Gate XAU_USDT	0.0000%	4h	4,354	+0.025%	$263.4M	$414.1M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,358.7	+0.133%	$93K	$9.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,347.9	−0.114%	$269K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,351.2	−0.039%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,350.1	−0.065%	$13.5M	$41.8M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.057%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0034%	24h	4,352	−0.020%	$4.1M	$36.1M	15x	as long as short
Aster XAUUSD1	+0.0035%	4h	4,353	+0.001%	$70.4M	$301.0M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,358.7	+0.133%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,386.7	+0.777%	—	$1.0M	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,349.7	−0.073%	$294.0M	$48.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,349.7	−0.073%	$14.9M	$58.0M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,353.6	+0.016%	$5.6M	$1.9M	20x	as long as short
Lighter XAU	+0.0056%	1h	4,352.9	0.000%	$20.6M	$43.7M	25x	as long as short
Lighter RH XAU	+0.0064%	1h	4,355.4	+0.058%	$20.1M	$41.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,349.1	−0.087%	$2.0M	$5.0M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0076%	1h	4,352.2	−0.016%	$4.3M	$1.9M	20x	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,353.8	+0.022%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0086%	4h	4,356	+0.072%	$48.2M	$28.1M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,351.4	−0.034%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,352.6	−0.006%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERPshort	+0.0100%	1h	4,347	−0.134%	$25K	$14K	20x
MEXC XAU_USDT	+0.0104%	4h	4,352.6	−0.006%	$375.4M	$324.1M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,351.8	−0.025%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0105%	4h	4,352	−0.020%	$408.9M	$2.10B	100x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,351.9	−0.023%	$30.3M	$60.0M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0120%	4h	4,355.1	+0.051%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,356.9	+0.092%	$48K	$64K	25x	as long as short
RISEx XAU/USDClong	+0.0135%	1h	4,352.9	long leg	$3.4M	$12.4M	25x
Bullet GOLD-USD	+0.0168%	1h	4,352.7	−0.003%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0180%	4h	4,353.1	+0.004%	$83.7M	$144.2M	150x	as long as short
Bitget XAUUSDT	+0.0186%	4h	4,352.4	−0.011%	$69.5M	$109.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,353.7	+0.019%	$250K	$679K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0239%	8h	4,353.7	+0.019%	$164.8M	$281.5M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,351.7	−0.028%	$593K	$139K	25x	as long as short
Phemex XAUUSDT	+0.0373%	4h	4,357.9	+0.116%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0391% / S −0.0197%	1h	4,352.4	−0.011%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0557%	4h	4,359.9	+0.162%	$2.9M	$3.9M	75x	as long as short