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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.032%
Price spread now: Vest against Bullet+0.785%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.785% dearer against Bullet than usual: you sell high and buy low: +$79 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet GOLD-USD4,365.50.0028pay 0.0003% / 1h43m 39s$60K$81K10x
ShortVest GC-PERP4,399.80.0046get 0.0006% / 1h43m 39s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Bullet. 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
$3.8
Price spread: +0.785% → 0.000%
$78.52
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
$72.33
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Bullet: no order-book sample; Vest: no order-book sample. 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 Bullet no order-book sample
Sell Vest no order-book sample
Bullet and Vest: 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 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−0.0305%1h4,359.2−0.144%$26K$21K20xas long as short
Phoenix GOLD−0.0004%1h4,364.9−0.014%$48K$65K25xas long as short
Aster XAUUSD10.0000%4h4,366.3+0.018%$71.6M$228.4M20xas long as short
Binance XAUUSDT0.0000%4h4,365.7+0.003%$407.9M$2.11B100xas long as short
Bybit XAUUSDT0.0000%4h4,366.6+0.024%$82.6M$141.5M150xas long as short
RISEx XAU/USDC0.0000%1h4,364.2−0.031%$3.4M$12.4M25xas long as short
Gate XAU_USDT0.0000%4h4,366.3+0.018%$268.2M$407.2M100xas long as short
MEXC XAU_USDT0.0000%4h4,365.7+0.003%$377.0M$321.0M1000xas long as short
Bitget XAUUSDT0.0000%4h4,366.2+0.016%$67.0M$111.0M100xas long as short
Variational Omni XAU0.0000%4h4,365.9+0.008%$48.5M$30.6Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XAU_USDT_Perp0.0000%4h4,367.4+0.043%$1.4M$3.1M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,362.4−0.071%$4.0M$35.2M15xas long as short
SunX XAU-USDT0.0000%4h4,370.1+0.105%$93K$10.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,362.4−0.072%$268K250xas long as short
edgeX XAUUSDC+0.0007%4h4,361.8−0.085%$30.3M$58.2M50xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0025%1h4,364.1−0.033%$235K$735K25xas long as short
Bullet GOLD-USDlong+0.0028%1h4,365.5long leg$60K$81K10x
QFEX GOLD-USD+0.0032%1h4,362.9−0.060%$5.6M$1.7M20xas long as short
Lighter XAU+0.0032%1h4,365.4−0.003%$20.9M$44.3M25xas long as short
Lighter RH XAU+0.0032%1h4,367.6+0.048%$20.3M$41.6M25xas long as short
Extended XAU-USD+0.0032%1h4,362.7−0.066%$13.0M$46.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.346%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,364.8−0.017%$3.8M$4.7M40xas long as short
Vest GC-PERPshort+0.0046%1h4,399.8+0.785%$1.0M25x
Hotstuff GOLD-PERP+0.0048%1h4,360.2−0.122%$33K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,362.5−0.069%$293.7M$52.3M25xas long as short
Paradex XAU-USD-PERP+0.0050%8h4,365.8+0.006%$19K$6K5xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,362.2−0.076%$14.5M$56.1M25xas long as short
Polymarket Perps GOLD-USD+0.0074%1h4,365.4−0.003%$4.3M$1.8M20xas long as short
Aevo XAU-PERP+0.0080%1h4,364.7−0.019%$162K$8710xas long as short
Pacifica XAU+0.0100%1h4,362.6−0.066%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,363.9−0.037%$277K$204K50xas long as short
HTX XAU-USDT+0.0135%4h4,368.8+0.075%$2.8M$3.8M75xas long as short
Coinbase International GOLD-PERP-INTX+0.0152%1h4,361.6−0.090%$2.0M$5.1M25xas long as short
OKX XAU-USDT-SWAP+0.0154%8h4,366.9+0.032%$158.0M$271.1M100xas long as short
Kraken Futures PF_XAUUSD+0.0220%1h4,362.9−0.059%$602K$138K25xas long as short
BloFin XAU-USDT+0.0240%4h4,364.8−0.017%$14.7M$4.4M100xas long as short
Phemex XAUUSDT+0.0318%4h4,368.9+0.077%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0388% / S −0.0197%1h4,365.50.000%$252K111xas long as short