Spread before costs (cost unknown: a leg has no order-book sample)−0.039%
7d average−0.095%if it closes, per $10,000$4funding while held, a day−$4.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAU | 4,353.3 | 0.0156 | pay 0.0078% / 4h | 27m 12s | $47.3M | $42.0M | — |
| Short | gTrade (Gains Network) XAU/USD | 4,351.6 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 27m 12s | $187K | — | 250x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.91
- Funding while held
- −$4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$15.56
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 63 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0155%
- Per $10,000 a day
- −$4.65
- Average in range /8h
- —
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 Variational Omni RFQ quote, 3 min ago | 1.55 bp | doesn't fit | 1.5 bp −$15 | 3.0 bp −$295 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 63 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | doesn't fit |
XAU price on every exchange
against the cheapest. Click to use as the short leg.XAU on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.131% | −0.0277% | 1h | $26K | $23K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.093% | +0.0050% | 1h | $14.8M | $42.9M | 25x | as long as short |
| edgeX XAUUSDC | −0.077% | +0.0176% | 4h | $30.3M | $53.0M | 50x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.066% | +0.0104% | 1h | $1.9M | $4.9M | 25x | as long as short |
| Injective XAU/USDC PERP | −0.066% | +0.0033% | 1h | $619 | $72K | 52x | as long as short |
| Phoenix GOLD | −0.062% | +0.0107% | 1h | $53K | $54K | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.041% | +0.0050% | 1h | $294.2M | $55.4M | 25x | as long as short |
| gTrade (Gains Network) XAU/USDshort | −0.039% | L +0.0002% / S −0.0001% | 1h | $187K | — | 250x | |
| Hotstuff GOLD-PERP | −0.039% | +0.0136% | 1h | $33K | — | 25x | as long as short |
| Extended XAU-USD | −0.035% | +0.0056% | 1h | $13.3M | $52.1M | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XAU | −0.032% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Kalshi KXGOLDPERP | −0.029% | +0.0115% | 24h | $4.2M | $29.3M | 15x | as long as short |
| Kraken Futures PF_XAUUSD | −0.025% | +0.0301% | 1h | $589K | $106K | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.024% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Variational Omni XAUlong | 0.000% | +0.0156% | 4h | $47.3M | $42.0M | — | |
| RISEx XAU/USDC | +0.009% | 0.0000% | 1h | $3.7M | $12.2M | 25x | as long as short |
| QFEX GOLD-USD | +0.017% | +0.0051% | 1h | $5.4M | $1.9M | 20x | as long as short |
| Aevo XAU-PERP | +0.020% | +0.0120% | 1h | $161K | $87 | 10x | as long as short |
| Paradex XAU-USD-PERP | +0.023% | +0.0068% | 8h | $19K | $6K | 5x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.028% | +0.0187% | 1h | $219K | $951K | 25x | as long as short |
| Binance XAUUSDT | +0.031% | +0.0167% | 4h | $416.1M | $1.96B | 100x | as long as short |
| Bullet GOLD-USD | +0.038% | +0.0109% | 1h | $59K | $78K | 10x | as long as short |
| Lighter XAU | +0.039% | +0.0088% | 1h | $20.7M | $44.8M | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.039% | L +0.0363% / S −0.0176% | 1h | $221K | — | 111x | as long as short |
| BloFin XAU-USDT | +0.039% | +0.0407% | 4h | $15.4M | $4.3M | 100x | as long as short |
| StandX XAU-USD | +0.044% | +0.0040% | 1h | $3.8M | $1.6M | 40x | as long as short |
| OKX XAU-USDT-SWAP | +0.046% | +0.0248% | 8h | $158.9M | $255.1M | 100x | as long as short |
| Bitget XAUUSDT | +0.049% | +0.0290% | 4h | $71.6M | $92.9M | 100x | as long as short |
| Aster XAUUSD1 | +0.051% | +0.0151% | 4h | $69.2M | $161.9M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.053% | +0.0199% | 1h | $4.1M | $1.8M | 20x | as long as short |
| MEXC XAU_USDT | +0.054% | +0.0168% | 4h | $370.6M | $378.5M | 1000x | as long as short |
| Phemex XAUUSDT | +0.061% | 0.0000% | 4h | $2.2M | $1.0M | 100x | as long as short |
| Bybit XAUUSDT | +0.064% | +0.0096% | 4h | $82.3M | $128.4M | 150x | as long as short |
| Gate XAU_USDT | +0.066% | +0.0044% | 4h | $282.3M | $371.3M | 100x | as long as short |
| Lighter RH XAU | +0.090% | +0.0080% | 1h | $19.7M | $39.3M | 25x | as long as short |
| HTX XAU-USDT | +0.106% | +0.0371% | 4h | $2.4M | $2.1M | 75x | as long as short |
| SunX XAU-USDT | +0.127% | 0.0000% | 4h | $93K | $11.2M | 20x | as long as short |
| Vest GC-PERP | +0.853% | +0.0046% | 1h | — | $789K | 25x | as long as short |
Variational Omni XAU
gTrade (Gains Network) XAU/USD
Bluefin
Coinbase International
Injective
Phoenix
tradeXYZ
Extended
Pacifica
Kraken Futures
ApeX Omni
RISEx
Paradex
Deribit
Binance
Bullet
Lighter
GMX
BloFin
StandX
OKX
Bitget
Aster
Polymarket Perps
MEXC
Phemex
Bybit
Gate
Lighter RH
HTX
SunX