XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h −0.022%

Price spread now: QFEX against RISEx−0.028%7-day average −0.043% · 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−$23as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on RISEx Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.073%−$7 on $10k

Price spread, last 7 days−0.011%−$1 · spread now −0.028%, 7d avg −0.043%

Together, before fees−0.084%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAU/USDC	4,340.1	0.0005	pay 0.0001% / 1h	38m 20s	$3.5M	$12.0M	25x
Short	QFEX GOLD-USD	4,338.9	0.0042	get 0.0005% / 1h	38m 20s	$5.7M	$2.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $7.69
Price spread: −0.028% → −0.043%: $1.5
Slippage, 4 orders: −$8.36
Fee RISEx: 3 bp × 2 orders: −$6
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$15.17
Costs to cover: 0.244%
Break-even: 20.8 days

Slippage from RISEx: live order book, 1 min ago; QFEX: live order book, 5 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 RISEx live order book, 1 min ago	0.01 bp	3.0 bp −$3	3.0 bp −$30	34.4 bp −$3,443	doesn't fit
Sell QFEX live order book, 5 min ago	3.68 bp	8.7 bp −$9	8.7 bp −$87	10.5 bp −$1,048	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
SunX XAU-USDT	0.0000%	4h	4,345.2	+0.118%	$92K	$8.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,337.1	−0.070%	$271K	—	250x	as long as short
RISEx XAU/USDClong	+0.0005%	1h	4,340.1	long leg	$3.5M	$12.0M	25x
Bluefin GOLD-PERP	+0.0009%	1h	4,335.4	−0.108%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,338.1	−0.046%	$33K	—	25x	as long as short
Gate XAU_USDT	+0.0026%	4h	4,342.6	+0.056%	$267.8M	$414.4M	100x	as long as short
Extended XAU-USD	+0.0032%	1h	4,336.9	−0.073%	$13.2M	$37.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.238%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,342.5	+0.054%	$20.1M	$39.3M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,341.9	+0.041%	$3.8M	$4.5M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USDshort	+0.0042%	1h	4,338.9	−0.028%	$5.7M	$2.1M	20x
Vest GC-PERP	+0.0046%	1h	4,373.5	+0.769%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,340.3	+0.004%	$20.8M	$34.5M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,338.3	−0.042%	$293.5M	$49.2M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,337.3	−0.065%	$15.1M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,338.4	−0.039%	$4.3M	$37.4M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,338.5	−0.037%	$2.1M	$4.8M	25x	as long as short
Bybit XAUUSDT	+0.0056%	4h	4,342.1	+0.045%	$80.3M	$151.7M	150x	as long as short
Aster XAUUSD1	+0.0079%	4h	4,342.3	+0.051%	$71.4M	$332.3M	20x	as long as short
Paradex XAU-USD-PERP	+0.0084%	8h	4,340.5	+0.009%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0087%	4h	4,340.5	+0.008%	$48.3M	$27.7M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,337.5	−0.060%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,339.3	−0.019%	$274K	$203K	50x	as long as short
MEXC XAU_USDT	+0.0104%	4h	4,341.2	+0.024%	$370.3M	$319.3M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,340.2	+0.003%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0106%	4h	4,341.6	+0.035%	$417.0M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0118%	4h	4,336.3	−0.087%	$30.1M	$58.3M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,339.8	−0.007%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0174%	4h	4,341	+0.022%	$1.4M	$2.9M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,340.8	+0.016%	$4.3M	$1.9M	20x	as long as short
Bullet GOLD-USD	+0.0217%	1h	4,341.2	+0.024%	$59K	$82K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0234%	1h	4,339.6	−0.012%	$205K	$828K	25x	as long as short
Bitget XAUUSDT	+0.0248%	4h	4,341.5	+0.033%	$71.0M	$109.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,338.1	−0.046%	$592K	$132K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0319%	8h	4,342	+0.044%	$166.6M	$281.8M	100x	as long as short
Phemex XAUUSDT	+0.0337%	4h	4,344.5	+0.102%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0372%	4h	4,341.7	+0.038%	$15.6M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,341.1	+0.024%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0624%	4h	4,345.7	+0.129%	$2.8M	$4.6M	75x	as long as short