Spread before costs (cost unknown: a leg has no order-book sample)+0.117%
7d average+0.056%if it closes, per $10,000$12funding while held, a day+$6.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAU | 4,354.6 | 0.0150 | pay 0.0075% / 4h | 24m 11s | $47.6M | $42.6M | — |
| Short | HTX XAU-USDT | 4,359.7 | 0.0366 | get 0.0183% / 4h | 24m 11s | $2.4M | $2.1M | 75x |
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
- $11.72
- Funding while held
- $6.49
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $6.21
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; HTX: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0216%
- Per $10,000 a day
- +$6.49
- 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, 1 min ago | 1.55 bp | doesn't fit | 2.0 bp −$20 | 4.4 bp −$442 | doesn't fit |
| Sell HTX live order book, 1 min ago | 0.01 bp | 7.2 bp −$7 | 9.9 bp −$99 | 13.7 bp −$1,366 | 26.5 bp −$13.2K |
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 | |
|---|---|---|---|---|---|---|---|
| edgeX XAUUSDC | −0.108% | +0.0176% | 4h | $30.3M | $53.0M | 50x | as long as short |
| Bluefin GOLD-PERP | −0.105% | −0.0288% | 1h | $26K | $23K | 20x | as long as short |
| Injective XAU/USDC PERP | −0.096% | +0.0033% | 1h | $619 | $72K | 52x | as long as short |
| Phoenix GOLD | −0.092% | +0.0107% | 1h | $53K | $54K | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.064% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Ondo Perps XAU-USD.P | −0.052% | +0.0050% | 1h | $14.8M | $43.1M | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.030% | +0.0050% | 1h | $294.4M | $55.5M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.030% | +0.0104% | 1h | $1.9M | $4.9M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.028% | +0.0128% | 1h | $33K | — | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.013% | L +0.0002% / S −0.0001% | 1h | $187K | — | 250x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended XAU-USD | −0.012% | +0.0048% | 1h | $13.3M | $52.0M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.000% | +0.0111% | 24h | $4.2M | $29.3M | 15x | as long as short |
| Variational Omni XAUlong | 0.000% | +0.0150% | 4h | $47.6M | $42.6M | — | |
| Pacifica XAU | +0.004% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.006% | +0.0301% | 1h | $590K | $106K | 25x | as long as short |
| BloFin XAU-USDT | +0.032% | +0.0406% | 4h | $15.4M | $4.3M | 100x | as long as short |
| QFEX GOLD-USD | +0.032% | +0.0051% | 1h | $5.4M | $1.9M | 20x | as long as short |
| StandX XAU-USD | +0.039% | +0.0040% | 1h | $3.8M | $1.6M | 40x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.039% | +0.0140% | 1h | $219K | $951K | 25x | as long as short |
| RISEx XAU/USDC | +0.048% | 0.0000% | 1h | $3.7M | $12.2M | 25x | as long as short |
| Aster XAUUSD1 | +0.051% | +0.0147% | 4h | $69.2M | $161.9M | 20x | as long as short |
| Phemex XAUUSDT | +0.055% | 0.0000% | 4h | $2.2M | $1.0M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.060% | +0.0245% | 8h | $158.9M | $256.4M | 100x | as long as short |
| Aevo XAU-PERP | +0.060% | +0.0120% | 1h | $161K | $87 | 10x | as long as short |
| Bullet GOLD-USD | +0.061% | +0.0107% | 1h | $59K | $78K | 10x | as long as short |
| Paradex XAU-USD-PERP | +0.064% | +0.0066% | 8h | $19K | $6K | 5x | as long as short |
| MEXC XAU_USDT | +0.065% | +0.0164% | 4h | $370.9M | $379.1M | 1000x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.065% | L +0.0363% / S −0.0177% | 1h | $221K | — | 111x | as long as short |
| Lighter XAU | +0.066% | +0.0088% | 1h | $20.7M | $44.9M | 25x | as long as short |
| Bitget XAUUSDT | +0.066% | +0.0288% | 4h | $71.9M | $93.1M | 100x | as long as short |
| Binance XAUUSDT | +0.068% | +0.0165% | 4h | $416.4M | $1.96B | 100x | as long as short |
| Gate XAU_USDT | +0.078% | +0.0038% | 4h | $283.1M | $373.1M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.078% | +0.0197% | 1h | $4.1M | $1.8M | 20x | as long as short |
| Bybit XAUUSDT | +0.080% | +0.0092% | 4h | $82.3M | $128.5M | 150x | as long as short |
| HTX XAU-USDTshort | +0.117% | +0.0366% | 4h | $2.4M | $2.1M | 75x | |
| Lighter RH XAU | +0.120% | +0.0080% | 1h | $19.8M | $39.6M | 25x | as long as short |
| SunX XAU-USDT | +0.158% | 0.0000% | 4h | $93K | $11.2M | 20x | as long as short |
| Vest GC-PERP | +0.873% | +0.0046% | 1h | — | $789K | 25x | as long as short |
Variational Omni XAU
HTX XAU-USDT
Bluefin
Injective
Phoenix
ApeX Omni
tradeXYZ
Coinbase International
gTrade (Gains Network)
Extended
Pacifica
Kraken Futures
BloFin
StandX
Deribit
RISEx
Aster
Phemex
OKX
Bullet
Paradex
MEXC
GMX
Lighter
Bitget
Binance
Gate
Polymarket Perps
Bybit
Lighter RH
SunX