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−0.0226%/8h= −24.7% APRnext payment $1.13 per $10,000 · paid last 24h −0.069%
Price spread now: edgeX against BloFin−0.074%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.323%−$32 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now −0.074%, 7d avg −0.164%
Together, before fees−0.492%+ Points / potential airdropedgeX: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.090% dearer against BloFin than usual: you sell high and buy low (spread −0.074% now, against its 7-day average of −0.164%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAU-USDT4,326.70.0339pay 0.0169% / 4h37m 12s$16.4M$4.6M100x
ShortedgeX XAUUSDC4,323.50.0113get 0.0057% / 4h37m 12s$30.1M$59.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
−$47.41
Price spread: −0.074% → −0.164%
$9
Slippage, 4 orders
−$0.97
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$60.38
Costs to cover
0.220%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; edgeX: live order book, 2 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 BloFin live order book, 7 min ago0.02 bp6.0 bp −$66.0 bp −$607.7 bp −$768doesn't fit
Sell edgeX live order book, 2 min ago0.46 bp5.0 bp −$55.0 bp −$508.3 bp −$83437.3 bp −$18.7K

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−0.0156%1h4,320.5−0.143%$25K$1K20xas long as short
Hotstuff GOLD-PERP0.0000%1h4,322.8−0.090%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,330.5+0.089%$92K$7.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,322.4−0.100%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.548%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,328.4+0.040%$3.8M$4.5M40xas long as short
Bybit XAUUSDT+0.0044%4h4,327.8+0.027%$77.6M$153.1M150xas long as short
QFEX GOLD-USD+0.0045%1h4,324.6−0.048%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,359+0.747%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,323.2−0.081%$291.8M$51.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,322.5−0.096%$15.0M$55.7M25xas long as short
Aster XAUUSD1+0.0058%4h4,328.4+0.039%$72.9M$272.1M20xas long as short
Lighter XAU+0.0064%1h4,325.7−0.023%$20.4M$29.1M25xas long as short
Paradex XAU-USD-PERP+0.0066%8h4,325.8−0.021%$2K$14K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,322.8−0.090%$2.1M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0091%24h4,327.8+0.026%$3.8M$44.5M15xas long as short
Variational Omni XAU+0.0091%4h4,327+0.007%$47.2M$29.3Mas long as short
Phoenix GOLD+0.0096%1h4,323.8−0.067%$47K$79K25xas long as short
MEXC XAU_USDT+0.0098%4h4,326.5−0.003%$363.7M$326.9M1000xas long as short
GRVT XAU_USDT_Perp+0.0098%4h4,326.6−0.002%$1.4M$3.1M25xas long as short
Binance XAUUSDT+0.0099%4h4,326.8+0.003%$425.7M$2.13B100xas long as short
Pacifica XAU+0.0100%1h4,322.9−0.088%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,324.3−0.056%$272K$208K50xas long as short
Gate XAU_USDT+0.0104%4h4,328.8+0.049%$280.7M$414.5M100xas long as short
Aevo XAU-PERP+0.0104%1h4,325.4−0.029%$160K$8710xas long as short
edgeX XAUUSDCshort+0.0113%4h4,323.5−0.074%$30.1M$59.5M50x
Lighter RH XAU+0.0120%1h4,328.1+0.033%$20.1M$39.0M25xas long as short
Extended XAU-USD+0.0136%1h4,322.4−0.099%$13.2M$36.7M25xas long as short
Bitget XAUUSDT+0.0194%4h4,326.6−0.003%$70.2M$118.6M100xas long as short
Bullet GOLD-USD+0.0204%1h4,326.3−0.008%$58K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0218%1h4,326.4−0.007%$4.3M$2.0M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,323.6−0.070%$578K$135K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0236%1h4,325.3−0.032%$163K$870K25xas long as short
OKX XAU-USDT-SWAP+0.0278%8h4,326.9+0.005%$173.8M$299.4M100xas long as short
BloFin XAU-USDTlong+0.0339%4h4,326.7long leg$16.4M$4.6M100x
Phemex XAUUSDT+0.0358%4h4,329.5+0.065%$2.2M$974K100xas long as short
HTX XAU-USDT+0.0401%4h4,331.9+0.119%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,326.3−0.008%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,326.4−0.007%$4.6M$13.3M25xas long as short