Funding arb · Price arb /

XAU

RWAall XAU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0029%/8h= −3.1% APRpaid last 24h −0.009%

Price spread now: Vest against Aster+0.699%47s7-day average +0.818% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.010%−$1 on $10k

Price spread, last 7 days+0.117%+$12 · spread now +0.699%, 7d avg +0.818%

Together, before fees+0.107%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.120% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.818%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAUUSD1	4,340.2	0.0074	pay 0.0037% / 4h	1h 56m	$72.8M	$275.9M	20x
Short	Vest GC-PERP	4,370.5	0.0046	get 0.0006% / 1h	56m 39s	—	$1.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee AsterbpFee VestbpOrdersPrice spread, now +0.699%Rate

Funding earned: −$5.99
Price spread: +0.699% → +0.818%: −$11.96
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$27.95
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 6 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 6 min ago	0.01 bp	4.0 bp −$4	4.1 bp −$41	29.6 bp −$2,963	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 39 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff GOLD-PERP	−3.0304%	1h	4,318.3	−0.504%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,341.3	+0.027%	$92K	$6.0M	20x	as long as short
Coinbase International GOLD-PERP-INTX	0.0000%	1h	4,332	−0.188%	$2.1M	$5.3M	25x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,332.7	−0.172%	$279K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.236%	$619	$54	52x	as long as short
Bluefin GOLD-PERP	+0.0035%	1h	4,331.2	−0.207%	$25K	$1K	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,340.9	+0.017%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,336.3	−0.089%	$6.7M	$3.2M	20x	as long as short
Vest GC-PERPshort	+0.0046%	1h	4,370.5	+0.699%	—	$1.0M	25x
tradeXYZ xyz:GOLD	+0.0050%	1h	4,334.9	−0.122%	$292.6M	$53.0M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,333.9	−0.145%	$15.1M	$59.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0055%	8h	4,337.5	−0.062%	$2K	$13K	5x	as long as short
Aster XAUUSD1long	+0.0074%	4h	4,340.2	long leg	$72.8M	$275.9M	20x
Phoenix GOLD	+0.0076%	1h	4,337.4	−0.064%	$43K	$70K	25x	as long as short
Variational Omni XAU	+0.0091%	4h	4,335.3	−0.112%	$47.3M	$29.3M	—	as long as short
Polymarket Perps GOLD-USD	+0.0092%	1h	4,335.8	−0.101%	$4.3M	$1.7M	20x	as long as short
Pacifica XAU	+0.0100%	1h	4,334.5	−0.130%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,336.8	−0.079%	$285K	$223K	50x	as long as short
Lighter XAU	+0.0104%	1h	4,337.6	−0.059%	$20.3M	$30.1M	25x	as long as short
Gate XAU_USDT	+0.0104%	4h	4,340.2	0.000%	$300.9M	$440.2M	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,336.3	−0.090%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0105%	4h	4,338.3	−0.042%	$443.4M	$2.43B	100x	as long as short
MEXC XAU_USDT	+0.0106%	4h	4,338.2	−0.045%	$365.9M	$349.5M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0112%	4h	4,340.2	+0.002%	$1.4M	$3.1M	25x	as long as short
edgeX XAUUSDC	+0.0115%	4h	4,330.4	−0.225%	$30.3M	$67.2M	50x	as long as short
Bybit XAUUSDT	+0.0125%	4h	4,339.7	−0.011%	$82.7M	$173.8M	150x	as long as short
Kalshi KXGOLDPERP	+0.0134%	24h	4,339.4	−0.018%	$3.5M	$51.0M	15x	as long as short
Lighter RH XAU	+0.0136%	1h	4,340	−0.004%	$19.7M	$39.3M	25x	as long as short
Extended XAU-USD	+0.0144%	1h	4,334.2	−0.137%	$12.6M	$34.8M	25x	as long as short
Bullet GOLD-USD	+0.0189%	1h	4,337.1	−0.071%	$59K	$76K	10x	as long as short
RISEx XAU/USDC	+0.0205%	1h	4,338.7	−0.034%	$4.7M	$13.3M	25x	as long as short
Bitget XAUUSDT	+0.0220%	4h	4,338.5	−0.039%	$72.9M	$139.0M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0235%	1h	4,335.7	−0.103%	$135K	$707K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0241%	8h	4,339.3	−0.020%	$170.8M	$360.5M	100x	as long as short
Phemex XAUUSDT	+0.0243%	4h	4,340	−0.003%	$2.3M	$784K	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0253%	1h	4,333.5	−0.155%	$584K	$166K	25x	as long as short
BloFin XAU-USDT	+0.0347%	4h	4,337.5	−0.061%	$16.3M	$5.3M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0460% / S −0.0308%	1h	4,337.1	−0.071%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.1112%	4h	4,343.9	+0.085%	$3.2M	$7.1M	75x	as long as short