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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.83 per $10,000 · paid last 24h +0.034%
Price spread now: Bitget against Aster−0.054%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 7 days+0.051%+$5 · spread now −0.054%, 7d avg +0.003%
Together, before fees+0.144%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.057% cheaper against Aster than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.003%). If the spread goes back, that is −$6 on $10k: about 27 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.093% in total) that is about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,323.40.0103pay 0.0052% / 4h2h 21m$71.7M$332.4M20x
ShortBitget XAUUSDT4,3210.0270get 0.0135% / 4h2h 21m$68.0M$119.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$35.05
Price spread: −0.054% → +0.003%
−$5.7
Slippage, 4 orders
−$0.56
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$8.79
Costs to cover
0.206%
Break-even
5.2 days
Slippage from Aster: live order book, 3 min ago; Bitget: live order book, 3 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 Aster live order book, 3 min ago0.01 bp4.0 bp −$44.0 bp −$4015.1 bp −$1,507doesn't fit
Sell Bitget live order book, 3 min ago0.01 bp6.4 bp −$67.4 bp −$7411.3 bp −$1,134doesn'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
Bluefin GOLD-PERP−0.0026%1h4,316.8−0.152%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,326.4+0.071%$92K$8.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,319.1−0.098%$270K250xas long as short
Bybit XAUUSDT+0.0027%4h4,322.7−0.015%$78.0M$156.4M150xas long as short
Extended XAU-USD+0.0032%1h4,319.2−0.096%$13.1M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.626%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,327.5+0.096%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,322.8−0.013%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,356.2+0.760%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,321.1−0.053%$20.5M$31.4M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,317.9−0.126%$291.0M$51.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,320.5−0.067%$15.0M$56.6M25xas long as short
RISEx XAU/USDC+0.0054%1h4,324.7+0.031%$3.9M$12.5M25xas long as short
Kalshi KXGOLDPERP+0.0060%24h4,325.1+0.040%$4.0M$41.4M15xas long as short
Gate XAU_USDT+0.0068%4h4,323.4+0.002%$273.2M$411.6M100xas long as short
Paradex XAU-USD-PERP+0.0070%8h4,324.5+0.026%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,321.3−0.048%$2.0M$4.8M25xas long as short
Lighter RH XAU+0.0080%1h4,323.6+0.004%$19.8M$38.8M25xas long as short
Pacifica XAU+0.0100%1h4,320.8−0.060%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,321.3−0.049%$272K$208K50xas long as short
Aster XAUUSD1long+0.0103%4h4,323.4long leg$71.7M$332.4M20x
Variational Omni XAU+0.0111%4h4,332+0.199%$48.3M$27.4Mas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,324.6+0.030%$1.4M$2.9M25xas long as short
Aevo XAU-PERP+0.0112%1h4,321.7−0.038%$160K$8710xas long as short
MEXC XAU_USDT+0.0114%4h4,321.3−0.049%$360.4M$327.0M1000xas long as short
Binance XAUUSDT+0.0115%4h4,321.7−0.039%$413.8M$2.17B100xas long as short
Phoenix GOLD+0.0127%1h4,331.3+0.184%$47K$77K25xas long as short
edgeX XAUUSDC+0.0128%4h4,319.3−0.094%$30.0M$59.9M50xas long as short
Bullet GOLD-USD+0.0156%1h4,323.3−0.001%$59K$81K10xas long as short
Hotstuff GOLD-PERP+0.0168%1h4,320.9−0.057%$32K25xas long as short
Polymarket Perps GOLD-USD+0.0169%1h4,323.4+0.001%$4.2M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0213%1h4,320.9−0.057%$198K$829K25xas long as short
HTX XAU-USDT+0.0244%4h4,326+0.061%$2.7M$4.9M75xas long as short
Kraken Futures PF_XAUUSD+0.0248%1h4,319.7−0.085%$588K$130K25xas long as short
Bitget XAUUSDTshort+0.0270%4h4,321−0.054%$68.0M$119.3M100x
OKX XAU-USDT-SWAP+0.0335%8h4,322.7−0.015%$169.7M$298.3M100xas long as short
BloFin XAU-USDT+0.0355%4h4,323−0.008%$16.1M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0452% / S −0.0292%1h4,322.6−0.019%$250K111xas long as short
Phemex XAUUSDT+0.0529%4h4,325.2+0.042%$2.2M$962K100xas long as short