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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h −0.202%
Price spread now: StandX against Bluefin+0.141%50s7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and StandX is 0.141% dearer against Bluefin than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin GOLD-PERP4,331.1−0.0059get 0.0007% / 1h46m 30s$25K$1K20x
ShortStandX XAU-USD4,337.20.0040get 0.0005% / 1h46m 30s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Bluefin. 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
$20.73
Price spread: +0.141% → 0.000%
$14.11
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
$19.84
Costs to cover
0.150%
Break-even
0.3 days
Slippage unknown: Bluefin: no order-book sample; StandX: live order book, 1 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 Bluefin no order-book sample
Sell StandX live order book, 1 min ago2.08 bp7.6 bp −$88.5 bp −$8510.5 bp −$1,04911.8 bp −$5,878
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAU on 39 exchanges

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-PERP−3.2000%1h4,318.3−0.295%$32K25xas long as short
Bluefin GOLD-PERPlong−0.0059%1h4,331.1long leg$25K$1K20x
SunX XAU-USDT0.0000%4h4,340.7+0.222%$92K$5.9M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,333.4+0.053%$2.1M$5.3M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,333.5+0.055%$304K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.446%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,337.2+0.141%$3.8M$4.5M40x
QFEX GOLD-USD+0.0041%1h4,334.9+0.088%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,369+0.875%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,332.3+0.028%$292.5M$51.5M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,331.2+0.003%$15.1M$59.4M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,335.4+0.098%$2K$13K5xas long as short
Aster XAUUSD1+0.0057%4h4,336.7+0.128%$72.4M$276.0M20xas long as short
Polymarket Perps GOLD-USD+0.0067%1h4,334.7+0.083%$4.3M$1.7M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0073%1h4,335.2+0.095%$135K$707K25xas long as short
Variational Omni XAU+0.0079%4h4,338.5+0.171%$47.3M$29.2Mas long as short
Lighter XAU+0.0080%1h4,335.3+0.098%$20.2M$30.4M25xas long as short
Gate XAU_USDT+0.0080%4h4,337.1+0.139%$298.5M$444.2M100xas long as short
Lighter RH XAU+0.0088%1h4,337.8+0.154%$19.7M$39.9M25xas long as short
GRVT XAU_USDT_Perp+0.0096%4h4,337.9+0.157%$1.4M$3.1M25xas long as short
MEXC XAU_USDT+0.0096%4h4,336+0.113%$368.0M$352.6M1000xas long as short
Binance XAUUSDT+0.0096%4h4,335.3+0.097%$442.7M$2.43B100xas long as short
Pacifica XAU+0.0100%1h4,332.4+0.030%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,336.2+0.117%$285K$223K50xas long as short
Aevo XAU-PERP+0.0104%1h4,335.9+0.112%$161K$8710xas long as short
edgeX XAUUSDC+0.0118%4h4,335.5+0.102%$30.3M$67.5M50xas long as short
Bybit XAUUSDT+0.0120%4h4,336.3+0.121%$82.4M$172.6M150xas long as short
Extended XAU-USD+0.0120%1h4,332.3+0.027%$12.5M$34.7M25xas long as short
Phoenix GOLD+0.0127%1h4,334.2+0.072%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0137%24h4,338.7+0.176%$3.5M$51.1M15xas long as short
Bullet GOLD-USD+0.0166%1h4,335.3+0.097%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,335.8+0.109%$4.7M$13.2M25xas long as short
Bitget XAUUSDT+0.0212%4h4,335.4+0.099%$72.8M$139.6M100xas long as short
Phemex XAUUSDT+0.0214%4h4,339.6+0.197%$2.3M$784K100xas long as short
OKX XAU-USDT-SWAP+0.0238%8h4,336.5+0.125%$170.8M$361.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,333.8+0.063%$584K$169K25xas long as short
BloFin XAU-USDT+0.0338%4h4,337.1+0.138%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0461% / S −0.0308%1h4,336.9+0.134%$254K111xas long as short
HTX XAU-USDT+0.1085%4h4,344.4+0.307%$3.2M$7.1M75xas long as short