ArbiLayer

XAU arbitrage

live

Live Gold price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.08%Variational → Gate · Perp–Perp
Best perp–perp spread+0.08%Variational → Gate
Markets tracked99 venues · 9 perp · 0 spot · 0 DEX
Price range0.10%$4,107.92 – $4,111.93

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Variational logoVariational$4,108.55Gate logoGate$4,111.92 +0.08%-0.08% +0.07%— -0.047%— LS Chart →
Binance logoBinance$4,109.01Gate logoGate$4,111.92 +0.07%-0.09% +0.06%— -0.049%— LS Chart →
MEXC logoMEXC$4,109.02Gate logoGate$4,111.92 +0.07%-0.09% +0.06%— -0.049%— LS Chart →
OKX logoOKX$4,109.10Gate logoGate$4,111.92 +0.07%-0.09% +0.06%— -0.006%— LS Chart →
Aster logoAster$4,109.12Gate logoGate$4,111.92 +0.07%-0.09% +0.06%— -0.052%— LS Chart →
Bitget logoBitget$4,109.29Gate logoGate$4,111.92 +0.06%-0.10% +0.06%— -0.023%— LS Chart →
Variational logoVariational$4,108.55Bybit logoBybit$4,110.73 +0.05%-0.11% +0.05%— -0.034%— LS Chart →
Variational logoVariational$4,108.55HTX logoHTX$4,110.28 +0.04%-0.12% +0.04%— -0.068%— LS Chart →
Binance logoBinance$4,109.01Bybit logoBybit$4,110.73 +0.04%-0.12% +0.04%— -0.036%— LS Chart →
MEXC logoMEXC$4,109.02Bybit logoBybit$4,110.73 +0.04%-0.12% +0.04%— -0.036%— LS Chart →
OKX logoOKX$4,109.10Bybit logoBybit$4,110.73 +0.04%-0.12% +0.03%— +0.007%— LS Chart →
HTX logoHTX$4,110.29Gate logoGate$4,111.92 +0.04%-0.12% +0.04%— +0.021%— LS Chart →
Aster logoAster$4,109.12Bybit logoBybit$4,110.73 +0.04%-0.12% +0.03%— -0.039%— LS Chart →
Bitget logoBitget$4,109.29Bybit logoBybit$4,110.73 +0.04%-0.12% +0.03%— -0.010%— LS Chart →
Binance logoBinance$4,109.01HTX logoHTX$4,110.28 +0.03%-0.13% +0.02%— -0.070%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

XAU price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · XAU_USDTPerpetual $4,111.92$4,111.93$4,111.93+0.07% +0.052%$1.04B
OKX logoOKXPerpetual · XAU-USDT-SWAPPerpetual $4,109.00$4,109.10$4,109.05-0.00% +0.059%$430.59M
MEXC logoMEXCPerpetual · XAU_USDTPerpetual $4,108.99$4,109.02$4,109.01-0.00% +0.101%$416.81M
Bitget logoBitgetPerpetual · XAUUSDTPerpetual $4,109.28$4,109.29$4,109.29+0.00% +0.075%$187.70M
Bybit logoBybitPerpetual · XAUUSDTPerpetual $4,110.73$4,110.74$4,110.74+0.04% +0.065%$161.62M
Variational logoVariationalPerpetual · XAUPerpetual $4,107.28$4,108.55$4,107.92-0.03% +0.099%$33.79M
HTX logoHTXPerpetual · XAU-USDTPerpetual $4,110.28$4,110.29$4,110.29+0.03% +0.032%$6.68M
Binance logoBinancePerpetual · XAUUSDTPerpetual $4,109.00$4,109.01$4,109.01-0.00% +0.101%—
Aster logoAsterPerpetual · XAUUSDTPerpetual $4,109.11$4,109.12$4,109.120.00% +0.104%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

XAU arbitrage explained

Right now Gold (XAU) trades on 9 venues we scan: 9 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $4,108.55 and the highest bid on Gate perp at $4,111.92.

The widest XAU perpetual spread is between Variational and Gate: long XAU on Variational at $4,108.55 and short on Gate at $4,111.92 for +0.08% gross, or -0.08% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.047% per day, which the position pays while it is open.

Small XAU gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: XAU funding rates · XAU spread charts · Gold price · arbitrage scanner for all coins.

Is there a XAU arbitrage opportunity right now?

The best XAU route right now is to buy on Variational → sell on Gate (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest XAU?

Variational (perp) has the lowest XAU ask at $4,108.55, and Gate (perp) the highest bid at $4,111.92. Prices update every 15 seconds on this page.

How many exchanges list XAU?

ArbiLayer tracks 9 XAU markets on 9 venues: 9 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage XAU without transferring coins?

Use two perpetual contracts: go long XAU on the cheaper exchange (Variational now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins