Funding arb · Price arb /

XAU

RWAall XAU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%

Price spread now: Aster against Bitget+0.015%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.015%, 7d avg −0.004%

Together, before fees−0.102%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,355.1	0	get 0.0000% / 4h	1h 37m	$67.3M	$110.6M	100x
Short	Aster XAUUSD1	4,355.8	0	get 0.0000% / 4h	1h 37m	$71.3M	$236.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.015%Rate

Funding earned: $0
Price spread: +0.015% → −0.004%: $1.86
Slippage, 4 orders: −$0.16
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$18.3
Costs to cover: 0.202%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 2 min ago.

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 Bitget live order book, 2 min ago	0.01 bp	6.0 bp −$6	7.2 bp −$72	11.7 bp −$1,172	doesn't fit
Sell Aster live order book, 2 min ago	0.01 bp	4.0 bp −$4	4.0 bp −$40	37.8 bp −$3,784	doesn't fit

XAU on 39 venues

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
Kraken Futures PF_XAUUSD	−0.0175%	1h	4,352.8	−0.054%	$600K	$141K	25x	as long as short
tradeXYZ xyz:GOLD	−0.0011%	1h	4,351.2	−0.090%	$293.0M	$52.9M	25x	as long as short
Aster XAUUSD1short	0.0000%	4h	4,355.8	+0.015%	$71.3M	$236.9M	20x
Binance XAUUSDT	0.0000%	4h	4,354.8	−0.008%	$410.0M	$2.09B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,355.7	+0.012%	$82.5M	$141.2M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,354.9	−0.006%	$3.4M	$12.4M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,356.2	+0.025%	$271.1M	$408.0M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,354.8	−0.008%	$375.4M	$350.5M	1000x	as long as short
Bitget XAUUSDTlong	0.0000%	4h	4,355.1	long leg	$67.3M	$110.6M	100x
Variational Omni XAU	0.0000%	4h	4,353.9	−0.029%	$48.0M	$32.1M	—	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XAU_USDT_Perp	0.0000%	4h	4,355	−0.004%	$1.4M	$3.2M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,352.1	−0.070%	$4.0M	$34.3M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,358.7	+0.082%	$93K	$10.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,351.9	−0.075%	$267K	—	10x	as long as short
QFEX GOLD-USD	+0.0002%	1h	4,354.6	−0.012%	$5.6M	$1.9M	20x	as long as short
edgeX XAUUSDC	+0.0009%	4h	4,350.2	−0.112%	$30.3M	$58.3M	50x	as long as short
Lighter XAU	+0.0032%	1h	4,354.5	−0.016%	$20.9M	$43.9M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,356.4	+0.029%	$20.2M	$41.6M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,352	−0.073%	$13.0M	$49.2M	25x	as long as short
Hotstuff GOLD-PERP	+0.0032%	1h	4,350.8	−0.100%	$33K	—	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.108%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,355.3	+0.004%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,389.4	+0.787%	—	$1.0M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,354.7	−0.010%	$4.3M	$1.7M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,350.7	−0.102%	$14.4M	$55.5M	25x	as long as short
Paradex XAU-USD-PERP	+0.0051%	8h	4,354.6	−0.012%	$19K	$6K	5x	as long as short
HTX XAU-USDT	+0.0070%	4h	4,359	+0.088%	$2.8M	$3.8M	75x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,354.1	−0.023%	$161K	$87	10x	as long as short
Bullet GOLD-USD	+0.0098%	1h	4,355	−0.003%	$59K	$85K	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,352.1	−0.069%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,351.9	−0.073%	$273K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,348	−0.163%	$26K	$21K	20x	as long as short
Phoenix GOLD	+0.0109%	1h	4,352.4	−0.063%	$48K	$65K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0159%	8h	4,355.8	+0.015%	$158.8M	$267.3M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0187%	1h	4,354.4	−0.017%	$221K	$810K	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0208%	1h	4,353.4	−0.040%	$2.0M	$5.1M	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,354.9	−0.007%	$14.8M	$4.3M	100x	as long as short
Phemex XAUUSDT	+0.0313%	4h	4,357.5	+0.055%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0422% / S −0.0246%	1h	4,354.8	−0.008%	$251K	—	29x	as long as short