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−0.0096%/8h= −10.5% APRnext payment $0.48 per $10,000 · paid last 24h −0.024%
Price spread now: Gate against Binance+0.039%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.119%−$12 on $10k
Price spread, last 7 days+0.011%+$1 · spread now +0.039%, 7d avg +0.023%
Together, before fees−0.108%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUUSDT4,341.10.0096pay 0.0048% / 4h3h 54m$414.1M$2.09B100x
ShortGate XAU_USDT4,342.80get 0.0000% / 4h3h 54m$267.4M$409.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$20.21
Price spread: +0.039% → +0.023%
$1.59
Slippage, 4 orders
−$0.4
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$44.03
Costs to cover
0.254%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago0.01 bp5.0 bp −$55.2 bp −$526.7 bp −$670doesn't fit
Sell Gate live order book, 4 min ago0.01 bp7.5 bp −$88.9 bp −$8913.1 bp −$1,31014.3 bp −$7,161

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
Gate XAU_USDTshort0.0000%4h4,342.8+0.039%$267.4M$409.4M100x
SunX XAU-USDT0.0000%4h4,344.8+0.084%$92K$8.8M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,336.6−0.105%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,340.6−0.013%$3.5M$12.3M25xas long as short
Lighter RH XAU+0.0032%1h4,341.7+0.013%$20.1M$39.0M25xas long as short
Extended XAU-USD+0.0032%1h4,337−0.095%$13.2M$38.0M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.214%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,342.1+0.022%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,339.8−0.030%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,373.2+0.739%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,338.1−0.070%$293.3M$48.8M25xas long as short
Kalshi KXGOLDPERP+0.0050%24h4,338.4−0.063%$4.3M$37.4M15xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,337.2−0.090%$15.1M$56.7M25xas long as short
Lighter XAU+0.0056%1h4,339.8−0.031%$20.8M$34.4M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,337.1−0.093%$33K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,336.8−0.100%$2.1M$4.8M25xas long as short
Aster XAUUSD1+0.0071%4h4,342.2+0.025%$71.3M$332.5M20xas long as short
Paradex XAU-USD-PERP+0.0081%8h4,340.9−0.004%$19K$5K5xas long as short
Variational Omni XAU+0.0083%4h4,341.1−0.001%$48.4M$27.6Mas long as short
MEXC XAU_USDT+0.0096%4h4,341.2+0.002%$371.4M$316.8M1000xas long as short
Binance XAUUSDTlong+0.0096%4h4,341.1long leg$414.1M$2.09B100x
edgeX XAUUSDC+0.0100%4h4,339.1−0.047%$30.2M$58.0M50xas long as short
Pacifica XAU+0.0100%1h4,337.1−0.092%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,339−0.050%$274K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,334.4−0.156%$25K$14K20xas long as short
Aevo XAU-PERP+0.0104%1h4,339.7−0.032%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,342.5+0.032%$47K$77K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0165%1h4,339−0.049%$205K$826K25xas long as short
Bybit XAUUSDT+0.0168%4h4,341.8+0.017%$82.9M$148.7M150xas long as short
GRVT XAU_USDT_Perp+0.0182%4h4,341−0.002%$1.4M$2.9M25xas long as short
Polymarket Perps GOLD-USD+0.0205%1h4,340.4−0.017%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0211%1h4,340.8−0.007%$59K$82K10xas long as short
Bitget XAUUSDT+0.0240%4h4,341.6+0.010%$71.0M$109.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,337.5−0.084%$592K$132K25xas long as short
OKX XAU-USDT-SWAP+0.0309%8h4,342.9+0.041%$165.8M$281.5M100xas long as short
BloFin XAU-USDT+0.0344%4h4,341.8+0.014%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0424% / S −0.0248%1h4,340.6−0.013%$250K111xas long as short
HTX XAU-USDT+0.0546%4h4,344.3+0.073%$2.8M$4.6M75xas long as short
Phemex XAUUSDT+0.0950%4h4,344.6+0.081%$2.2M$967K100xas long as short