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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against Aster−0.018%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$130.126% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 7 days+0.010%+$1 · spread now −0.018%, 7d avg −0.004%
Together, before fees+0.035%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,3080.0052pay 0.0026% / 4h3h 34m$73.4M$271.8M20x
ShortMEXC XAU_USDT4,307.30.0102get 0.0051% / 4h3h 34m$361.8M$337.4M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$10.48
Price spread: −0.018% → −0.004%
−$1.32
Slippage, 4 orders
−$0.6
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$3.43
Costs to cover
0.126%
Break-even
9.3 days
Slippage from Aster: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago0.01 bp4.0 bp −$44.2 bp −$4220.8 bp −$2,078doesn't fit
Sell MEXC live order book, 5 min ago0.04 bp2.0 bp −$22.0 bp −$207.0 bp −$69722.3 bp −$11.1K

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
Hotstuff GOLD-PERP−0.0032%1h4,305.5−0.058%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,311.4+0.078%$92K$6.8M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,303.6−0.104%$278K250xas long as short
GRVT XAU_USDT_Perp+0.0012%4h4,308+0.001%$1.4M$3.0M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.984%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,306.8−0.028%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,338.7+0.712%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,306−0.047%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,304.6−0.079%$291.0M$53.9M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,304.2−0.089%$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%1h4,302.7−0.123%$15.0M$55.8M25xas long as short
Aster XAUUSD1long+0.0052%4h4,308long leg$73.4M$271.8M20x
Coinbase International GOLD-PERP-INTX+0.0056%1h4,303.9−0.096%$2.0M$5.1M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,306.6−0.034%$2K$13K5xas long as short
Extended XAU-USD+0.0064%1h4,302.9−0.118%$13.1M$36.2M25xas long as short
Lighter XAU+0.0080%1h4,306.6−0.034%$20.3M$28.9M25xas long as short
Variational Omni XAU+0.0089%4h4,305.9−0.049%$46.6M$29.2Mas long as short
Phoenix GOLD+0.0095%1h4,306.1−0.045%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,303.3−0.109%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,305.2−0.066%$275K$218K50xas long as short
MEXC XAU_USDTshort+0.0102%4h4,307.3−0.018%$361.8M$337.4M1000x
Lighter RH XAU+0.0104%1h4,308.6+0.014%$19.8M$39.9M25xas long as short
Aevo XAU-PERP+0.0104%1h4,306.2−0.043%$159K$8710xas long as short
Binance XAUUSDT+0.0104%4h4,307−0.023%$434.1M$2.22B100xas long as short
Kalshi KXGOLDPERP+0.0109%24h4,309.8+0.041%$3.7M$46.5M15xas long as short
edgeX XAUUSDC+0.0111%4h4,306.8−0.029%$30.0M$61.5M50xas long as short
Bybit XAUUSDT+0.0119%4h4,308−0.001%$77.4M$157.3M150xas long as short
RISEx XAU/USDC+0.0126%1h4,306.7−0.030%$4.4M$13.1M25xas long as short
Gate XAU_USDT+0.0160%4h4,309+0.022%$297.0M$426.8M100xas long as short
Bitget XAUUSDT+0.0190%4h4,307.2−0.020%$70.4M$124.7M100xas long as short
Bullet GOLD-USD+0.0195%1h4,307.2−0.020%$58K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0215%1h4,305.6−0.056%$134K$846K25xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,308.1+0.002%$171.2M$329.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,305.2−0.066%$573K$138K25xas long as short
BloFin XAU-USDT+0.0369%4h4,307.1−0.021%$16.2M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0314%1h4,307.6−0.010%$255K111xas long as short
Phemex XAUUSDT+0.0527%4h4,310+0.046%$2.2M$955K100xas long as short
HTX XAU-USDT+0.1118%4h4,315.8+0.181%$3.2M$6.2M75xas long as short
Bluefin GOLD-PERP+0.4311%1h4,303.3−0.109%$25K$1K20xas long as short