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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.3% APRnext payment $0.29 per $10,000 · paid last 24h −0.010%
Price spread now: Aster against edgeX+0.209%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$180.175% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days−0.191%−$19 · spread now +0.209%, 7d avg +0.105%
Together, before fees−0.238%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.104% dearer against edgeX than usual: you sell high and buy low (spread +0.209% now, against its 7-day average of +0.105%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 7 days (−0.047% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,354.20.0057pay 0.0029% / 4h3h 07m$30.3M$60.3M50x
ShortAster XAUUSD14,363.30get 0.0000% / 4h3h 07m$70.3M$212.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
−$12.02
Price spread: +0.209% → +0.105%
$10.36
Slippage, 4 orders
−$0.51
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$19.17
Costs to cover
0.175%
Break-even
never at this rate
Slippage from edgeX: 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 2 min ago0.23 bp4.7 bp −$54.8 bp −$487.6 bp −$76033.7 bp −$16.9K
Sell Aster live order book, 2 min ago0.01 bp4.0 bp −$44.0 bp −$409.7 bp −$967doesn't fit

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
Aster XAUUSD1short0.0000%4h4,363.3+0.209%$70.3M$212.9M20x
Gate XAU_USDT0.0000%4h4,363.1+0.205%$265.5M$422.0M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,359.4+0.120%$4.0M$36.7M15xas long as short
SunX XAU-USDT0.0000%4h4,366.4+0.280%$93K$10.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,358.1+0.090%$269K250xas long as short
Variational Omni XAU+0.0022%4h4,358.7+0.103%$48.4M$28.5Mas long as short
Extended XAU-USD+0.0032%1h4,358.1+0.089%$13.5M$43.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.086%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,362.7+0.196%$3.8M$4.7M40xas long as short
MEXC XAU_USDT+0.0042%4h4,362.2+0.185%$371.9M$330.9M1000xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAUUSDT+0.0045%4h4,362.7+0.195%$411.6M$2.15B100xas long as short
QFEX GOLD-USD+0.0045%1h4,361.2+0.161%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,395.7+0.954%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,362.2+0.185%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,358.5+0.099%$294.0M$51.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,357.7+0.082%$14.7M$57.2M25xas long as short
Phoenix GOLD+0.0055%1h4,357.7+0.081%$48K$64K25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,358.5+0.099%$33K25xas long as short
edgeX XAUUSDClong+0.0057%4h4,354.2long leg$30.3M$60.3M50x
Lighter XAU+0.0072%1h4,361.8+0.175%$20.6M$44.4M25xas long as short
Paradex XAU-USD-PERP+0.0085%8h4,361.8+0.176%$19K$5K5xas long as short
Aevo XAU-PERP+0.0088%1h4,361.3+0.164%$162K$8710xas long as short
Bitget XAUUSDT+0.0094%4h4,362.5+0.190%$69.0M$112.3M100xas long as short
Lighter RH XAU+0.0096%1h4,364.2+0.230%$20.2M$41.4M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,359.8+0.129%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,359.5+0.122%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,357.9+0.085%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,355.1+0.020%$26K$22K20xas long as short
Polymarket Perps GOLD-USD+0.0119%1h4,361+0.157%$4.3M$1.8M20xas long as short
GRVT XAU_USDT_Perp+0.0136%4h4,361.6+0.171%$1.4M$3.1M25xas long as short
BloFin XAU-USDT+0.0179%4h4,362.2+0.185%$15.4M$4.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0186%1h4,360.8+0.152%$235K$658K25xas long as short
Bybit XAUUSDT+0.0199%4h4,363.5+0.215%$83.8M$144.9M150xas long as short
OKX XAU-USDT-SWAP+0.0211%8h4,363.8+0.221%$164.2M$288.9M100xas long as short
Bullet GOLD-USD+0.0212%1h4,362.2+0.185%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,359.5+0.121%$595K$141K25xas long as short
Phemex XAUUSDT+0.0275%4h4,363.8+0.221%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,362.2+0.185%$252K111xas long as short
HTX XAU-USDT+0.0558%4h4,367.1+0.296%$2.9M$3.9M75xas long as short