Spread before costs (cost unknown: a leg has no order-book sample)−0.734%
7d average—if it closes, per $10,000$73funding while held, a day−$0.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest GC-PERP | 4,382.6 | 0.0046 | pay 0.0006% / 1h | 11m 51s | — | $953K | 25x |
| Short | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | get 0.0004% / 1h | 11m 51s | $619 | $54 | 52x |
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
- −$73.43
- Funding while held
- −$0.37
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$75.82
- Spread needed to break even
- 0.020%
Slippage unknown: Vest: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0012%
- Per $10,000 a day
- −$0.37
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Vest and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.915% | +0.8000% | 1h | $26K | $23K | 20x | as long as short |
| Kalshi KXGOLDPERP | −0.885% | +0.0068% | 24h | $4.2M | $30.3M | 15x | as long as short |
| ApeX Omni XAUUSDT | −0.865% | +0.0100% | 1h | $273K | $203K | 50x | as long as short |
| Phoenix GOLD | −0.865% | +0.0061% | 1h | $43K | $55K | 25x | as long as short |
| Ondo Perps XAU-USD.P | −0.863% | +0.0050% | 1h | $14.8M | $46.3M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.858% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| Extended XAU-USD | −0.856% | +0.0136% | 1h | $13.3M | $52.2M | 25x | as long as short |
| Hotstuff GOLD-PERP | −0.847% | −0.0040% | 1h | $33K | — | 25x | as long as short |
| Pacifica XAU | −0.844% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.842% | +0.0064% | 1h | $1.9M | $5.1M | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | −0.839% | 0.0000% | 1h | $3.9M | $12.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.835% | +0.0050% | 1h | $294.4M | $60.3M | 25x | as long as short |
| edgeX XAUUSDC | −0.831% | +0.0138% | 4h | $30.2M | $56.2M | 50x | as long as short |
| Kraken Futures PF_XAUUSD | −0.822% | +0.0185% | 1h | $587K | $110K | 25x | as long as short |
| BloFin XAU-USDT | −0.802% | +0.0369% | 4h | $14.9M | $4.4M | 100x | as long as short |
| QFEX GOLD-USD | −0.799% | +0.0029% | 1h | $5.4M | $2.0M | 20x | as long as short |
| Paradex XAU-USD-PERP | −0.796% | +0.0064% | 8h | $19K | $6K | 5x | as long as short |
| StandX XAU-USD | −0.794% | +0.0040% | 1h | $3.8M | $1.9M | 40x | as long as short |
| Bitget XAUUSDT | −0.789% | +0.0266% | 4h | $70.3M | $102.3M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.789% | +0.0302% | 1h | $214K | $975K | 25x | as long as short |
| Aevo XAU-PERP | −0.789% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bullet GOLD-USD | −0.785% | +0.0100% | 1h | $58K | $77K | 10x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.783% | L +0.0370% / S −0.0189% | 1h | $221K | — | 111x | as long as short |
| MEXC XAU_USDT | −0.781% | +0.0128% | 4h | $368.9M | $386.5M | 1000x | as long as short |
| Polymarket Perps GOLD-USD | −0.780% | +0.0201% | 1h | $4.2M | $1.9M | 20x | as long as short |
| Binance XAUUSDT | −0.780% | +0.0129% | 4h | $417.4M | $2.06B | 100x | as long as short |
| Lighter XAU | −0.776% | +0.0096% | 1h | $20.7M | $44.9M | 25x | as long as short |
| Aster XAUUSD1 | −0.763% | +0.0096% | 4h | $69.1M | $239.6M | 20x | as long as short |
| Bybit XAUUSDT | −0.762% | +0.0129% | 4h | $83.3M | $134.5M | 150x | as long as short |
| Gate XAU_USDT | −0.756% | +0.0006% | 4h | $275.2M | $390.7M | 100x | as long as short |
| OKX XAU-USDT-SWAP | −0.755% | +0.0231% | 8h | $157.4M | $261.1M | 100x | as long as short |
| Phemex XAUUSDT | −0.750% | +0.0393% | 4h | $2.2M | $1.0M | 100x | as long as short |
| Injective XAU/USDC PERPshort | −0.734% | +0.0033% | 1h | $619 | $54 | 52x | |
| Variational Omni XAU | −0.730% | +0.0108% | 4h | $48.0M | $43.2M | — | as long as short |
| HTX XAU-USDT | −0.726% | +0.0294% | 4h | $2.4M | $2.4M | 75x | as long as short |
| Lighter RH XAU | −0.712% | +0.0144% | 1h | $19.9M | $41.4M | 25x | as long as short |
| SunX XAU-USDT | −0.681% | 0.0000% | 4h | $93K | $11.4M | 20x | as long as short |
| Vest GC-PERPlong | 0.000% | +0.0046% | 1h | — | $953K | 25x |
Injective XAU/USDC PERP
Bluefin
ApeX Omni
Phoenix
gTrade (Gains Network)
Extended
Pacifica
Coinbase International
RISEx
tradeXYZ
Kraken Futures
BloFin
Paradex
StandX
Bitget
Deribit
Bullet
GMX
MEXC
Polymarket Perps
Binance
Lighter
Aster
Bybit
Gate
OKX
Phemex
Variational Omni
HTX
Lighter RH
SunX