Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h +0.012%
Price spread now: Bullet against Aevo+0.054%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bullet is 0.054% dearer against Aevo than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,342.80.0080pay 0.0010% / 1h0m 07s$161K$8710x
ShortBullet GOLD-USD4,345.10get 0.0000% / 1h0m 07s$59K$84K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Aevo. 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

Funding earned
−$16.8
Price spread: +0.054% → 0.000%
$5.38
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$35.42
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 24 min ago; Bullet: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 24 min ago4.30 bp13.6 bp −$1433.6 bp −$336doesn't fitdoesn't fit
Sell Bullet no order-book sample
Bullet: 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 on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERP−0.0575%1h4,338.1−0.107%$26K$21K20xas long as short
Aster XAUUSD10.0000%4h4,343.9+0.027%$71.1M$240.4M20xas long as short
Binance XAUUSDT0.0000%4h4,344.6+0.043%$411.5M$2.11B100xas long as short
Bybit XAUUSDT0.0000%4h4,345.9+0.072%$82.6M$144.7M150xas long as short
Gate XAU_USDT0.0000%4h4,346.6+0.088%$273.9M$413.9M100xas long as short
MEXC XAU_USDT0.0000%4h4,343.8+0.025%$371.2M$350.9M1000xas long as short
Bitget XAUUSDT0.0000%4h4,345.7+0.068%$67.3M$113.9M100xas long as short
Variational Omni XAU0.0000%4h4,344.2+0.034%$47.8M$33.5Mas long as short
GRVT XAU_USDT_Perp0.0000%4h4,342−0.018%$1.4M$3.3M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,343.4+0.015%$3.9M$34.1M15xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet GOLD-USDshort0.0000%1h4,345.1+0.054%$59K$84K10x
SunX XAU-USDT0.0000%4h4,349.2+0.149%$92K$10.9M20xas long as short
HTX XAU-USDT0.0000%4h4,348.7+0.138%$2.8M$3.8M75xas long as short
edgeX XAUUSDC+0.0010%4h4,337.8−0.115%$30.2M$58.0M50xas long as short
tradeXYZ xyz:GOLD+0.0032%1h4,340.8−0.045%$292.3M$53.7M25xas long as short
Lighter XAU+0.0032%1h4,342.6−0.004%$20.7M$46.8M25xas long as short
Lighter RH XAU+0.0032%1h4,344.9+0.049%$20.2M$45.1M25xas long as short
Extended XAU-USD+0.0032%1h4,343.2+0.009%$13.2M$50.6M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.176%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,343.6+0.019%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,381.7+0.897%$995K25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,342.8+0.001%$4.3M$2.3M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,342.7−0.001%$14.3M$54.8M25xas long as short
Paradex XAU-USD-PERP+0.0050%8h4,344.8+0.047%$19K$6K5xas long as short
QFEX GOLD-USD+0.0052%1h4,344+0.028%$5.5M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,340.6−0.050%$2.0M$5.2M25xas long as short
Aevo XAU-PERPlong+0.0080%1h4,342.8long leg$161K$8710x
Pacifica XAU+0.0100%1h4,342.2−0.012%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,343+0.005%$272K$204K50xas long as short
Phoenix GOLD+0.0109%1h4,343.4+0.015%$47K$69K25xas long as short
Hotstuff GOLD-PERP+0.0136%1h4,339.7−0.071%$33K25xas long as short
OKX XAU-USDT-SWAP+0.0174%8h4,345.9+0.072%$158.1M$274.8M100xas long as short
RISEx XAU/USDC+0.0190%1h4,344.5+0.040%$3.4M$12.6M25xas long as short
BloFin XAU-USDT+0.0240%4h4,344.4+0.037%$14.8M$4.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0333%1h4,341.9−0.021%$599K$160K25xas long as short
Phemex XAUUSDT+0.0386%4h4,345.4+0.060%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0450% / S −0.0246%1h4,345.2+0.056%$251K29xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0695%1h4,344.2+0.033%$221K$878K25xas long as short