Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.35 per $10,000 · paid last 24h −0.024%
Price spread now: edgeX against Bitget0.000%114s7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 7 days−0.032%−$3 · spread now 0.000%, 7d avg −0.113%
Together, before fees−0.081%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.112% dearer against Bitget than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.113%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.049% in total) that is about 16 days. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUUSDT4,311.70.0194pay 0.0097% / 4h3h 45m$70.3M$123.8M100x
ShortedgeX XAUUSDC4,311.60.0124get 0.0062% / 4h3h 45m$30.0M$61.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
−$14.81
Price spread: 0.000% → −0.113%
$11.24
Slippage, 4 orders
−$1.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$25.63
Costs to cover
0.221%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; edgeX: 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 Bitget live order book, 3 min ago0.01 bp6.4 bp −$67.3 bp −$7312.3 bp −$1,226doesn't fit
Sell edgeX live order book, 3 min ago0.35 bp4.8 bp −$54.9 bp −$497.9 bp −$79135.8 bp −$17.9K

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
Hotstuff GOLD-PERP0.0000%1h4,309.8−0.043%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,318.2+0.151%$92K$6.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,310.5−0.026%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.899%$619$5452xas long as short
Vest GC-PERP+0.0046%1h4,346.1+0.799%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,312.3+0.015%$6.6M$3.2M20xas long as short
Extended XAU-USD+0.0048%1h4,308.4−0.076%$13.0M$36.1M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,308.6−0.071%$291.3M$54.4M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,310.4−0.029%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,308.2−0.080%$15.0M$55.8M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOLD-PERP-INTX+0.0056%1h4,309.8−0.043%$2.0M$5.1M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,311.4−0.006%$2K$13K5xas long as short
Aster XAUUSD1+0.0067%4h4,312.9+0.028%$73.4M$271.9M20xas long as short
Lighter RH XAU+0.0072%1h4,313.8+0.049%$19.7M$39.5M25xas long as short
Bybit XAUUSDT+0.0079%4h4,313.2+0.036%$77.2M$157.3M150xas long as short
Lighter XAU+0.0080%1h4,311.3−0.010%$20.3M$28.6M25xas long as short
Phoenix GOLD+0.0095%1h4,311.6−0.001%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,308.5−0.074%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,310.9−0.017%$273K$216K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,308.6−0.071%$25K$1K20xas long as short
Variational Omni XAU+0.0106%4h4,313.8+0.051%$46.8M$29.1Mas long as short
Kalshi KXGOLDPERP+0.0106%24h4,316.3+0.108%$3.7M$46.2M15xas long as short
Aevo XAU-PERP+0.0112%1h4,312.8+0.027%$160K$8710xas long as short
MEXC XAU_USDT+0.0116%4h4,312.2+0.013%$358.2M$334.1M1000xas long as short
Binance XAUUSDT+0.0117%4h4,312.2+0.012%$437.6M$2.21B100xas long as short
edgeX XAUUSDCshort+0.0124%4h4,311.60.000%$30.0M$61.7M50x
RISEx XAU/USDC+0.0126%1h4,311.5−0.004%$4.4M$13.1M25xas long as short
Gate XAU_USDT+0.0132%4h4,313.4+0.040%$295.0M$423.2M100xas long as short
StandX XAU-USD+0.0135%1h4,313.9+0.052%$3.8M$4.5M40xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0168%1h4,313.2+0.036%$134K$879K25xas long as short
GRVT XAU_USDT_Perp+0.0178%4h4,314.5+0.065%$1.4M$3.1M25xas long as short
Bitget XAUUSDTlong+0.0194%4h4,311.7long leg$70.3M$123.8M100x
Bullet GOLD-USD+0.0208%1h4,314.5+0.066%$58K$81K10xas long as short
OKX XAU-USDT-SWAP+0.0252%8h4,312.5+0.019%$170.3M$327.0M100xas long as short
Phemex XAUUSDT+0.0281%4h4,317.1+0.126%$2.2M$951K100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,311.6−0.002%$573K$138K25xas long as short
BloFin XAU-USDT+0.0398%4h4,314+0.055%$16.4M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0467% / S −0.0314%1h4,314.2+0.058%$255K111xas long as short
HTX XAU-USDT+0.1257%4h4,321.7+0.233%$3.2M$6.2M75xas long as short