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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0109%/8h= −11.9% APRnext payment $0.14 per $10,000 · paid last 24h −0.032%
Price spread now: gTrade (Gains Network) against Aevo−0.082%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$2992.992% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.100%−$10 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.082%, 7d avg −0.078%
Together, before fees−0.157%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,305.60.0112pay 0.0014% / 1h42m 30s$159K$8710x
ShortgTrade (Gains Network) XAU/USD4,302.1L +0.0002% / S −0.0003%get 0.0000% / 1h42m 30s$268K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$22.86
Price spread: −0.082% → −0.078%
−$0.44
Slippage, 4 orders
−$276.17
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$322.47
Costs to cover
2.992%
Break-even
never at this rate
Slippage from Aevo: live order book, 56 min ago; gTrade (Gains Network): virtual book (oracle venue), 22 min ago.

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, 56 min ago5.13 bp15.2 bp −$1527.0 bp −$270doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 22 min ago130.01 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn't fit

XAU on 39 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
SunX XAU-USDT0.0000%4h4,309.8+0.098%$92K$6.8M20xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,302.1−0.082%$268K250x
Hotstuff GOLD-PERP+0.0016%1h4,308.7+0.072%$32K25xas long as short
Extended XAU-USD+0.0032%1h4,302−0.084%$13.0M$36.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.041%$619$5452xas long as short
Bybit XAUUSDT+0.0037%4h4,307.2+0.036%$77.0M$157.2M150xas long as short
Vest GC-PERP+0.0046%1h4,338.4+0.762%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,305.2−0.009%$6.6M$3.2M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,302.7−0.067%$290.8M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,303.3−0.053%$4.3M$1.8M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,302.3−0.076%$15.0M$55.7M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,302−0.084%$2.0M$5.1M25xas long as short
Aster XAUUSD1+0.0057%4h4,307.9+0.053%$73.3M$271.8M20xas long as short
Paradex XAU-USD-PERP+0.0060%8h4,305.6+0.001%$2K$13K5xas long as short
Lighter XAU+0.0080%1h4,305.2−0.010%$20.3M$28.7M25xas long as short
Lighter RH XAU+0.0088%1h4,307.6+0.047%$19.8M$39.7M25xas long as short
StandX XAU-USD+0.0090%1h4,308.3+0.063%$3.8M$4.5M40xas long as short
Phoenix GOLD+0.0095%1h4,305.5−0.002%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,302.2−0.078%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,305.9+0.007%$276K$218K50xas long as short
Variational Omni XAU+0.0106%4h4,313.8+0.192%$46.8M$29.1Mas long as short
Kalshi KXGOLDPERP+0.0107%24h4,308.3+0.063%$3.7M$46.3M15xas long as short
Binance XAUUSDT+0.0108%4h4,306.4+0.019%$433.7M$2.22B100xas long as short
MEXC XAU_USDT+0.0108%4h4,306.2+0.014%$361.0M$335.3M1000xas long as short
Aevo XAU-PERPlong+0.0112%1h4,305.6long leg$159K$8710x
edgeX XAUUSDC+0.0118%4h4,309.9+0.101%$30.0M$62.1M50xas long as short
GRVT XAU_USDT_Perp+0.0120%4h4,309.7+0.096%$1.4M$3.1M25xas long as short
Gate XAU_USDT+0.0124%4h4,308.2+0.061%$295.4M$424.4M100xas long as short
RISEx XAU/USDC+0.0126%1h4,306.2+0.015%$4.4M$13.1M25xas long as short
Bitget XAUUSDT+0.0190%4h4,306.4+0.019%$70.2M$124.1M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0192%1h4,304.4−0.028%$134K$882K25xas long as short
Bullet GOLD-USD+0.0201%1h4,306.4+0.019%$58K$81K10xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,307.2+0.037%$170.2M$328.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,303.3−0.054%$572K$138K25xas long as short
BloFin XAU-USDT+0.0398%4h4,306.2+0.014%$16.1M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0314%1h4,306+0.010%$255K111xas long as short
Phemex XAUUSDT+0.0776%4h4,309.8+0.098%$2.2M$951K100xas long as short
HTX XAU-USDT+0.1103%4h4,313.4+0.181%$3.2M$6.2M75xas long as short
Bluefin GOLD-PERP+0.4251%1h4,345.1+0.916%$25K$1K20xas long as short