XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h +0.004%

Price spread now: Extended against tradeXYZ−0.031%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

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

costs, in and out, $10k−$250.249% of the position

Long on tradeXYZ Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 7 days+0.042%+$4 · spread now −0.031%, 7d avg −0.004%

Together, before fees−0.027%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.027% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of −0.004%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.069%, 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	tradeXYZ xyz:GOLD	4,321.4	0.0050	pay 0.0006% / 1h	31m 17s	$291.7M	$51.5M	25x
Short	Extended XAU-USD	4,320.1	0.0128	get 0.0016% / 1h	31m 17s	$13.2M	$36.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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 tradeXYZbpFee ExtendedbpOrdersPrice spread, now −0.031%Rate

Funding earned: $16.38
Price spread: −0.031% → −0.004%: −$2.71
Slippage, 4 orders: −$1.91
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$11.24
Costs to cover: 0.249%
Break-even: 11.8 days

Slippage from tradeXYZ: live order book, 9 min ago; Extended: live order book, 3 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 tradeXYZ live order book, 9 min ago	0.12 bp	9.1 bp −$9	9.1 bp −$91	11.1 bp −$1,113	doesn't fit
Sell Extended live order book, 3 min ago	0.12 bp	2.6 bp −$3	3.0 bp −$30	6.9 bp −$691	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
Hotstuff GOLD-PERP	−0.0096%	1h	4,322.5	+0.025%	$32K	—	25x	as long as short
Bluefin GOLD-PERP	−0.0081%	1h	4,318.6	−0.065%	$25K	$1K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,329.1	+0.179%	$92K	$7.2M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,320	−0.034%	$270K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.672%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,327.2	+0.134%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,324.1	+0.062%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,356.6	+0.815%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLDlong	+0.0050%	1h	4,321.4	long leg	$291.7M	$51.5M	25x
Ondo Perps XAU-USD.P	+0.0050%	1h	4,320.3	−0.026%	$15.0M	$55.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0054%	4h	4,325.3	+0.090%	$77.7M	$152.8M	150x	as long as short
Aster XAUUSD1	+0.0058%	4h	4,325.8	+0.103%	$72.9M	$271.9M	20x	as long as short
Lighter XAU	+0.0064%	1h	4,323.5	+0.049%	$20.5M	$29.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0065%	8h	4,324.1	+0.063%	$2K	$14K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,320.5	−0.021%	$2.1M	$4.8M	25x	as long as short
Variational Omni XAU	+0.0089%	4h	4,324.9	+0.081%	$47.2M	$29.3M	—	as long as short
Kalshi KXGOLDPERP	+0.0093%	24h	4,325.7	+0.100%	$3.8M	$44.6M	15x	as long as short
Phoenix GOLD	+0.0096%	1h	4,323.3	+0.044%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,321	−0.008%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,324.6	+0.075%	$362.8M	$327.9M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0100%	4h	4,326.8	+0.124%	$1.4M	$3.0M	25x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,320.9	−0.013%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0101%	4h	4,324.2	+0.065%	$425.0M	$2.13B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,323.8	+0.055%	$160K	$87	10x	as long as short
Gate XAU_USDT	+0.0108%	4h	4,326.5	+0.118%	$286.1M	$416.8M	100x	as long as short
edgeX XAUUSDC	+0.0117%	4h	4,322.9	+0.036%	$30.1M	$59.6M	50x	as long as short
Lighter RH XAU	+0.0120%	1h	4,326.2	+0.110%	$20.0M	$39.2M	25x	as long as short
Extended XAU-USDshort	+0.0128%	1h	4,320.1	−0.031%	$13.2M	$36.8M	25x
Bitget XAUUSDT	+0.0194%	4h	4,323.9	+0.058%	$70.2M	$118.5M	100x	as long as short
Bullet GOLD-USD	+0.0206%	1h	4,324.3	+0.068%	$58K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,324.3	+0.067%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,322.2	+0.018%	$578K	$135K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0236%	1h	4,322.5	+0.025%	$163K	$872K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0276%	8h	4,325	+0.083%	$173.9M	$299.0M	100x	as long as short
BloFin XAU-USDT	+0.0341%	4h	4,324.9	+0.081%	$16.4M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0368%	4h	4,327.3	+0.137%	$2.2M	$975K	100x	as long as short
HTX XAU-USDT	+0.0430%	4h	4,331.1	+0.223%	$3.2M	$5.9M	75x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,324.3	+0.066%	$253K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,324.5	+0.072%	$4.6M	$13.3M	25x	as long as short