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+0.0221%/8h= +24.2% APRnext payment +$1.11 per $10,000 · paid last 24h +0.069%
Price spread now: BloFin against edgeX+0.078%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$220.218% 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)+0.183%+$18 · spread now +0.078%, 7d avg +0.168%
Together, before fees+0.506%+ Points / potential airdropedgeX: Active · farm board+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.090% cheaper against edgeX than usual: you would sell low and buy high (spread +0.078% now, against its 7-day average of +0.168%). If the spread goes back, that is −$9 on $10k: about 32 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,338.40.0137pay 0.0069% / 4h3h 20m$30.2M$58.2M50x
ShortBloFin XAU-USDT4,341.80.0358get 0.0179% / 4h3h 20m$15.7M$4.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$46.47
Price spread: +0.078% → +0.168%
−$8.97
Slippage, 4 orders
−$0.84
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$15.66
Costs to cover
0.218%
Break-even
4.6 days
Slippage from edgeX: live order book, 4 min ago; BloFin: 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 edgeX live order book, 4 min ago0.35 bp4.8 bp −$54.8 bp −$487.7 bp −$77435.9 bp −$18.0K
Sell BloFin live order book, 3 min ago0.01 bp6.1 bp −$66.1 bp −$617.3 bp −$734doesn'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
SunX XAU-USDT0.0000%4h4,348.9+0.241%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,340.7+0.053%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,345.1+0.154%$3.9M$12.4M25xas long as short
Bluefin GOLD-PERP+0.0023%1h4,337.8−0.015%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,340.9+0.056%$13.3M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.277%$619$5452xas long as short
Bybit XAUUSDT+0.0036%4h4,345.8+0.170%$79.9M$152.2M150xas long as short
StandX XAU-USD+0.0040%1h4,344.6+0.142%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,344.3+0.135%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,377.4+0.898%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAU+0.0048%1h4,344.1+0.130%$20.7M$34.7M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,341.3+0.066%$293.7M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,342.1+0.085%$15.0M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,341.6+0.073%$4.3M$37.4M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,341.4+0.069%$2.1M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0059%8h4,344.5+0.140%$19K$5K5xas long as short
Lighter RH XAU+0.0072%1h4,346.7+0.190%$20.2M$40.0M25xas long as short
Gate XAU_USDT+0.0092%4h4,346.7+0.191%$269.3M$417.3M100xas long as short
Aster XAUUSD1+0.0092%4h4,346.1+0.178%$71.5M$331.8M20xas long as short
Pacifica XAU+0.0100%1h4,341.2+0.064%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,340.6+0.049%$274K$203K50xas long as short
Hotstuff GOLD-PERP+0.0104%1h4,340.9+0.057%$33K25xas long as short
Variational Omni XAU+0.0104%4h4,343.9+0.127%$48.3M$27.5Mas long as short
Aevo XAU-PERP+0.0112%1h4,343.8+0.125%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,345.1+0.153%$371.7M$320.5M1000xas long as short
Binance XAUUSDT+0.0118%4h4,344.9+0.150%$418.5M$2.09B100xas long as short
Phoenix GOLD+0.0136%1h4,340.5+0.048%$47K$77K25xas long as short
edgeX XAUUSDClong+0.0137%4h4,338.4long leg$30.2M$58.2M50x
Phemex XAUUSDT+0.0183%4h4,345+0.152%$2.2M$967K100xas long as short
GRVT XAU_USDT_Perp+0.0204%4h4,341.2+0.063%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0212%1h4,345+0.152%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0214%1h4,344.6+0.142%$4.3M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,343.1+0.108%$205K$826K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,341.2+0.065%$592K$132K25xas long as short
Bitget XAUUSDT+0.0266%4h4,345.2+0.157%$71.0M$109.2M100xas long as short
OKX XAU-USDT-SWAP+0.0326%8h4,345.7+0.168%$167.2M$282.2M100xas long as short
BloFin XAU-USDTshort+0.0358%4h4,341.8+0.078%$15.7M$4.4M100x
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,345.2+0.155%$250K111xas long as short
HTX XAU-USDT+0.0560%4h4,346.5+0.187%$2.8M$4.6M75xas long as short