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−0.0015%/8h= −1.7% APRnext payment $0.08 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against Binance−0.004%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.004%$0 on $10k
Price spread, last 7 days−0.007%−$1 · spread now −0.004%, 7d avg −0.010%
Together, before fees−0.010%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUUSDT4,3410.0097pay 0.0048% / 4h3h 49m$414.0M$2.09B100x
ShortVariational Omni XAU4,340.80.0082get 0.0041% / 4h3h 49m$48.4M$27.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$3.22
Price spread: −0.004% → −0.010%
$0.53
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.68
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

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, 9 min ago0.01 bp5.0 bp −$55.2 bp −$526.7 bp −$670doesn't fit
Sell Variational Omni RFQ quote, 4 min ago1.54 bpdoesn't fit1.5 bp −$152.8 bp −$276doesn'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−0.0006%1h4,335.6−0.125%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,346.7+0.131%$92K$8.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,337.9−0.070%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,341.5+0.012%$3.5M$12.2M25xas long as short
Lighter RH XAU+0.0032%1h4,342+0.023%$20.1M$39.2M25xas long as short
Extended XAU-USD+0.0032%1h4,336.8−0.097%$13.3M$38.0M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.217%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,341.7+0.016%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,340.3−0.016%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,374.7+0.776%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0046%4h4,341.3+0.006%$80.6M$150.5M150xas long as short
Gate XAU_USDT+0.0046%4h4,342.9+0.043%$267.4M$411.1M100xas long as short
Lighter XAU+0.0048%1h4,340.1−0.020%$20.8M$34.4M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,337.5−0.081%$293.2M$48.9M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,338.3−0.062%$15.1M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0050%24h4,339.5−0.035%$4.3M$37.5M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.4−0.037%$2.1M$4.8M25xas long as short
Aster XAUUSD1+0.0074%4h4,342.8+0.041%$71.4M$332.5M20xas long as short
Paradex XAU-USD-PERP+0.0081%8h4,341.6+0.013%$19K$5K5xas long as short
Variational Omni XAUshort+0.0082%4h4,340.8−0.004%$48.4M$27.6M
Hotstuff GOLD-PERP+0.0088%1h4,338.4−0.060%$33K25xas long as short
MEXC XAU_USDT+0.0096%4h4,340.9−0.001%$372.6M$317.3M1000xas long as short
Binance XAUUSDTlong+0.0097%4h4,341long leg$414.0M$2.09B100x
Pacifica XAU+0.0100%1h4,338.1−0.068%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,339.2−0.042%$274K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,341.2+0.005%$161K$8710xas long as short
edgeX XAUUSDC+0.0112%4h4,336.5−0.104%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0136%1h4,339.2−0.041%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0144%4h4,341−0.001%$1.4M$2.9M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0188%1h4,340.3−0.016%$205K$826K25xas long as short
Phemex XAUUSDT+0.0191%4h4,343.9+0.068%$2.2M$967K100xas long as short
Bullet GOLD-USD+0.0210%1h4,342.1+0.025%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0214%1h4,342.6+0.037%$4.3M$2.0M20xas long as short
Bitget XAUUSDT+0.0240%4h4,341+0.001%$71.0M$109.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,339−0.046%$592K$132K25xas long as short
OKX XAU-USDT-SWAP+0.0313%8h4,342.3+0.030%$166.0M$280.9M100xas long as short
BloFin XAU-USDT+0.0345%4h4,341.7+0.017%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0250%1h4,342.1+0.025%$250K111xas long as short
HTX XAU-USDT+0.0505%4h4,346+0.114%$2.8M$4.6M75xas long as short