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−0.0011%/8h= −1.2% APRnext payment $0.06 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against Binance+0.032%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$180.182% 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−0.028%−$3 · spread now +0.032%, 7d avg −0.002%
Together, before fees−0.054%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.034% dearer against Binance than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.002%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUUSDT4,328.50.0112pay 0.0056% / 4h2h 16m$413.9M$2.17B100x
ShortAster XAUUSD14,329.90.0101get 0.0050% / 4h2h 16m$72.1M$331.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
−$2.38
Price spread: +0.032% → −0.002%
$3.43
Slippage, 4 orders
−$0.16
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$17.11
Costs to cover
0.182%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; Aster: 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 Binance live order book, 13 min ago0.01 bp5.0 bp −$55.2 bp −$527.8 bp −$778doesn't fit
Sell Aster live order book, 3 min ago0.01 bp4.0 bp −$44.0 bp −$4018.8 bp −$1,875doesn'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−0.0037%1h4,323.1−0.126%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,332.2+0.085%$92K$8.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,324.7−0.088%$271K250xas long as short
Bybit XAUUSDT+0.0014%4h4,329.3+0.018%$78.0M$156.6M150xas long as short
Extended XAU-USD+0.0032%1h4,324.9−0.083%$13.1M$37.1M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,325.1−0.079%$32K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.506%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,330+0.034%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,329.7+0.027%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,361.3+0.757%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAU+0.0048%1h4,326.9−0.038%$20.5M$31.5M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,325.2−0.077%$291.5M$51.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,326.1−0.057%$15.0M$56.8M25xas long as short
RISEx XAU/USDC+0.0054%1h4,330.7+0.051%$3.9M$12.5M25xas long as short
Kalshi KXGOLDPERP+0.0061%24h4,328.50.000%$4.0M$41.7M15xas long as short
Paradex XAU-USD-PERP+0.0071%8h4,330.3+0.042%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,326−0.058%$2.0M$4.8M25xas long as short
Gate XAU_USDT+0.0078%4h4,329.9+0.032%$273.2M$414.2M100xas long as short
Lighter RH XAU+0.0080%1h4,331.4+0.065%$19.9M$38.9M25xas long as short
Pacifica XAU+0.0100%1h4,326.6−0.043%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,322.1−0.148%$272K$208K50xas long as short
Aster XAUUSD1short+0.0101%4h4,329.9+0.032%$72.1M$331.5M20x
GRVT XAU_USDT_Perp+0.0104%4h4,326.7−0.041%$1.4M$2.9M25xas long as short
Variational Omni XAU+0.0105%4h4,322.2−0.146%$46.8M$28.6Mas long as short
MEXC XAU_USDT+0.0112%4h4,328.8+0.007%$363.4M$328.5M1000xas long as short
Aevo XAU-PERP+0.0112%1h4,327.8−0.016%$160K$8710xas long as short
Binance XAUUSDTlong+0.0112%4h4,328.5long leg$413.9M$2.17B100x
Phoenix GOLD+0.0127%1h4,319.7−0.204%$47K$77K25xas long as short
edgeX XAUUSDC+0.0130%4h4,320.7−0.180%$30.0M$60.1M50xas long as short
Bullet GOLD-USD+0.0157%1h4,328.8+0.006%$58K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0173%1h4,329+0.011%$4.2M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0236%1h4,326.7−0.042%$196K$834K25xas long as short
HTX XAU-USDT+0.0236%4h4,332.3+0.086%$2.7M$4.9M75xas long as short
Kraken Futures PF_XAUUSD+0.0248%1h4,325.6−0.067%$589K$130K25xas long as short
Bitget XAUUSDT+0.0262%4h4,328.3−0.006%$68.0M$119.5M100xas long as short
OKX XAU-USDT-SWAP+0.0334%8h4,329.4+0.020%$170.4M$300.4M100xas long as short
BloFin XAU-USDT+0.0366%4h4,328.8+0.005%$16.1M$4.5M100xas long as short
Phemex XAUUSDT+0.0444%4h4,328−0.012%$2.2M$962K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0454% / S −0.0294%1h4,328.50.000%$250K111xas long as short