XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: QFEX against StandX−0.062%7-day average −0.057% · 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−$26as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on StandX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$5 on $10k

Price spread, last 7 days−0.002%$0 · spread now −0.062%, 7d avg −0.057%

Together, before fees−0.047%+ Points / potential airdropStandX: Active · farm board−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAU-USD	4,324.3	0.0040	pay 0.0005% / 1h	55m 18s	$3.8M	$4.5M	40x
Short	QFEX GOLD-USD	4,321.6	0.0042	get 0.0005% / 1h	55m 18s	$6.7M	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against StandX. 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 StandXbpFee QFEXbpOrdersPrice spread, now −0.062%Rate

Funding earned: $0.35
Price spread: −0.062% → −0.057%: −$0.53
Slippage, 4 orders: −$7.36
Fee StandX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$25.54
Costs to cover: 0.254%
Break-even: 513.7 days

Slippage from StandX: live order book, 2 min ago; QFEX: live order book, 7 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 StandX live order book, 2 min ago	0.12 bp	6.6 bp −$7	7.0 bp −$70	7.6 bp −$764	9.1 bp −$4,563
Sell QFEX live order book, 7 min ago	0.81 bp	5.8 bp −$6	5.8 bp −$58	8.1 bp −$815	doesn't fit

XAU on 39 exchanges

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	−0.0096%	1h	4,321.9	−0.056%	$35K	$3K	25x	as long as short
Coinbase International GOLD-PERP-INTX	−0.0032%	1h	4,319.5	−0.111%	$2.1M	$5.0M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,327.9	+0.083%	$92K	$5.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0002%	1h	4,318.2	−0.142%	$307K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.604%	$619	$54	52x	as long as short
StandX XAU-USDlong	+0.0040%	1h	4,324.3	long leg	$3.8M	$4.5M	40x
QFEX GOLD-USDshort	+0.0042%	1h	4,321.6	−0.062%	$6.7M	$3.3M	20x
Aster XAUUSD1	+0.0043%	4h	4,324.3	+0.001%	$71.4M	$276.6M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,355.9	+0.731%	—	$1.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,318.9	−0.124%	$15.2M	$59.2M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XAU-USD-PERP	+0.0055%	8h	4,322.2	−0.049%	$2K	$13K	5x	as long as short
RISEx XAU/USDC	+0.0062%	1h	4,323.1	−0.028%	$4.6M	$13.3M	25x	as long as short
Variational Omni XAU	+0.0065%	4h	4,322.2	−0.048%	$47.1M	$28.0M	—	as long as short
Gate XAU_USDT	+0.0068%	4h	4,324.7	+0.009%	$299.1M	$431.7M	100x	as long as short
MEXC XAU_USDT	+0.0082%	4h	4,322.7	−0.037%	$361.5M	$348.2M	1000x	as long as short
edgeX XAUUSDC	+0.0082%	4h	4,321.6	−0.063%	$30.2M	$66.3M	50x	as long as short
Binance XAUUSDT	+0.0083%	4h	4,322.8	−0.035%	$440.7M	$2.42B	100x	as long as short
tradeXYZ xyz:GOLD	+0.0086%	1h	4,320.6	−0.086%	$291.9M	$51.9M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0092%	4h	4,325.9	+0.036%	$1.4M	$3.1M	25x	as long as short
Lighter XAU	+0.0096%	1h	4,322.3	−0.047%	$20.1M	$29.9M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320.2	−0.095%	$1.4M	$1.4M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,324.5	+0.004%	$287K	$227K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,317.9	−0.149%	$25K	$1K	20x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,321.7	−0.060%	$160K	$87	10x	as long as short
Phoenix GOLD	+0.0127%	1h	4,324.1	−0.005%	$43K	$71K	25x	as long as short
Lighter RH XAU	+0.0144%	1h	4,324.8	+0.011%	$19.5M	$38.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0145%	24h	4,324.6	+0.007%	$3.5M	$51.5M	15x	as long as short
Bybit XAUUSDT	+0.0154%	4h	4,324.1	−0.005%	$82.9M	$166.9M	150x	as long as short
Kraken Futures PF_XAUUSD	+0.0197%	1h	4,320.4	−0.090%	$582K	$166K	25x	as long as short
Extended XAU-USD	+0.0200%	1h	4,318.6	−0.133%	$12.5M	$34.1M	25x	as long as short
Bitget XAUUSDT	+0.0200%	4h	4,323.3	−0.022%	$73.0M	$140.1M	100x	as long as short
Phemex XAUUSDT	+0.0209%	4h	4,326.6	+0.053%	$2.3M	$733K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0213%	1h	4,321.3	−0.069%	$135K	$659K	25x	as long as short
Bullet GOLD-USD	+0.0219%	1h	4,322.7	−0.037%	$59K	$77K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0226%	8h	4,323.2	−0.025%	$170.8M	$361.4M	100x	as long as short
Polymarket Perps GOLD-USD	+0.0228%	1h	4,322.7	−0.037%	$4.3M	$1.7M	20x	as long as short
BloFin XAU-USDT	+0.0321%	4h	4,325.5	+0.028%	$16.5M	$5.2M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0425% / S −0.0258%	1h	4,322.7	−0.037%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.1028%	4h	4,331.5	+0.166%	$3.2M	$7.1M	75x	as long as short