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+0.0585%/8h= +64.0% APRpaid last 24h 0.000%
Price spread now: RISEx against Aster−0.080%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$150.152% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.023%+$2 on $10k
Price spread, last 7 days+0.073%+$7 · spread now −0.080%, 7d avg −0.003%
Together, before fees+0.096%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.077% cheaper against Aster than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.003%). If the spread goes back, that is −$8 on $10k: about 11 hours of funding at the current rate (+$18 a day). At the pace of the last 4 days (+0.023% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.023% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,320.50.0058pay 0.0029% / 4h12m 47s$72.9M$271.8M20x
ShortRISEx XAU/USDC4,3170.0643get 0.0080% / 1h12m 47s$4.5M$13.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$122.79
Price spread: −0.080% → −0.003%
−$7.73
Slippage, 4 orders
−$1.17
Fee Aster: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$99.88
Costs to cover
0.152%
Break-even
1.3 days
Slippage from Aster: live order book, 1 min ago; RISEx: live order book, 1 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, 1 min ago0.01 bp4.0 bp −$44.2 bp −$4217.3 bp −$1,725doesn't fit
Sell RISEx live order book, 1 min ago0.35 bp3.4 bp −$33.8 bp −$3842.1 bp −$4,214doesn'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
Hotstuff GOLD-PERP−0.0136%1h4,310.3−0.235%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,322.3+0.044%$92K$7.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,314.5−0.137%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.693%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,316.2−0.099%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,349.3+0.668%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,315.9−0.106%$291.0M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,312.6−0.182%$15.0M$55.4M25xas long as short
Aster XAUUSD1long+0.0058%4h4,320.5long leg$72.9M$271.8M20x
Paradex XAU-USD-PERP+0.0063%8h4,315−0.127%$2K$14K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERP+0.0064%1h4,311.1−0.217%$25K$1K20xas long as short
Bybit XAUUSDT+0.0067%4h4,320.7+0.005%$78.0M$153.6M150xas long as short
Lighter XAU+0.0072%1h4,317.6−0.067%$20.3M$30.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,313.9−0.152%$2.0M$5.0M25xas long as short
StandX XAU-USD+0.0084%1h4,316.4−0.094%$3.8M$4.5M40xas long as short
Phoenix GOLD+0.0096%1h4,314.7−0.133%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0098%24h4,318.9−0.036%$3.6M$44.9M15xas long as short
Variational Omni XAU+0.0098%4h4,314−0.150%$47.1M$29.0Mas long as short
Pacifica XAU+0.0100%1h4,312.5−0.184%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,311.4−0.209%$271K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,320.50.000%$20.0M$40.0M25xas long as short
MEXC XAU_USDT+0.0110%4h4,319.5−0.022%$363.4M$335.6M1000xas long as short
Binance XAUUSDT+0.0111%4h4,319.6−0.019%$429.8M$2.14B100xas long as short
Gate XAU_USDT+0.0112%4h4,321.7+0.028%$287.4M$426.4M100xas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,315.1−0.125%$1.4M$3.0M25xas long as short
Aevo XAU-PERP+0.0112%1h4,317.2−0.075%$160K$8710xas long as short
edgeX XAUUSDC+0.0112%4h4,309.9−0.244%$30.0M$60.5M50xas long as short
Extended XAU-USD+0.0120%1h4,315.5−0.114%$13.2M$36.7M25xas long as short
Bitget XAUUSDT+0.0192%4h4,319.7−0.019%$70.5M$120.1M100xas long as short
Bullet GOLD-USD+0.0204%1h4,318.3−0.050%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0223%1h4,318.8−0.038%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,315.8−0.108%$574K$138K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0260%1h4,318−0.057%$161K$878K25xas long as short
OKX XAU-USDT-SWAP+0.0268%8h4,319.8−0.015%$175.3M$302.5M100xas long as short
BloFin XAU-USDT+0.0351%4h4,319.1−0.031%$16.6M$4.9M100xas long as short
Phemex XAUUSDT+0.0415%4h4,320.3−0.005%$2.2M$949K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0311%1h4,314.2−0.146%$254K111xas long as short
HTX XAU-USDT+0.0523%4h4,324+0.082%$3.2M$6.0M75xas long as short
RISEx XAU/USDCshort+0.0643%1h4,317−0.080%$4.5M$13.3M25x