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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0017%/8h= −1.9% APRnext payment $0.08 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against edgeX+0.191%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 7 days−0.122%−$12 · spread now +0.191%, 7d avg +0.134%
Together, before fees−0.264%+ Points / potential airdropedgeX: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.057% dearer against edgeX than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of +0.134%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.142% in total) that is about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,331.60.0127pay 0.0063% / 4h3h 02m$30.3M$64.7M50x
ShortGate XAU_USDT4,339.80.0110get 0.0055% / 4h3h 02m$299.7M$446.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$3.55
Price spread: +0.191% → +0.134%
$5.69
Slippage, 4 orders
−$0.72
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$22.58
Costs to cover
0.247%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago0.35 bp4.8 bp −$54.9 bp −$497.8 bp −$78234.8 bp −$17.4K
Sell Gate live order book, 1 min ago0.01 bp7.5 bp −$88.7 bp −$8715.9 bp −$1,59523.2 bp −$11.6K

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%4h4,341.2+0.221%$92K$6.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,332.5+0.021%$275K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.435%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,333.3+0.040%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,368.4+0.850%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,333.6+0.047%$6.7M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,334+0.056%$292.6M$55.3M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,334.8+0.075%$4.3M$1.7M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,330.4−0.027%$15.1M$57.2M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,332.6+0.024%$2.0M$5.2M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0059%8h4,335.3+0.085%$2K$13K5xas long as short
Aster XAUUSD1+0.0061%4h4,339+0.172%$74.5M$273.0M20xas long as short
Lighter XAU+0.0080%1h4,336.9+0.122%$20.2M$30.7M25xas long as short
Phoenix GOLD+0.0095%1h4,331.9+0.008%$43K$86K25xas long as short
Lighter RH XAU+0.0096%1h4,339.1+0.175%$19.9M$41.4M25xas long as short
Extended XAU-USD+0.0096%1h4,333.4+0.043%$12.7M$36.1M25xas long as short
Hotstuff GOLD-PERP+0.0096%1h4,332.4+0.019%$32K25xas long as short
Variational Omni XAU+0.0099%4h4,336.1+0.105%$47.2M$30.1Mas long as short
Pacifica XAU+0.0100%1h4,332.5+0.021%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,334.7+0.072%$285K$232K50xas long as short
Gate XAU_USDTshort+0.0110%4h4,339.8+0.191%$299.7M$446.4M100x
Aevo XAU-PERP+0.0112%1h4,335.2+0.083%$161K$8710xas long as short
Binance XAUUSDT+0.0118%4h4,337.2+0.131%$438.2M$2.34B100xas long as short
Kalshi KXGOLDPERP+0.0119%24h4,338.5+0.160%$3.5M$48.4M15xas long as short
MEXC XAU_USDT+0.0120%4h4,338.4+0.158%$352.5M$358.8M1000xas long as short
Bybit XAUUSDT+0.0122%4h4,338.2+0.154%$81.7M$167.7M150xas long as short
RISEx XAU/USDC+0.0126%1h4,336.2+0.106%$4.6M$13.6M25xas long as short
edgeX XAUUSDClong+0.0127%4h4,331.6long leg$30.3M$64.7M50x
GRVT XAU_USDT_Perp+0.0154%4h4,335.1+0.082%$1.4M$3.0M25xas long as short
Bullet GOLD-USD+0.0181%1h4,335.8+0.098%$59K$77K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0188%1h4,335.7+0.095%$134K$779K25xas long as short
Phemex XAUUSDT+0.0189%4h4,337.4+0.134%$2.2M$961K100xas long as short
Bitget XAUUSDT+0.0200%4h4,338.2+0.154%$72.4M$132.8M100xas long as short
OKX XAU-USDT-SWAP+0.0245%8h4,338.2+0.153%$171.2M$354.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0326%1h4,333.3+0.039%$582K$149K25xas long as short
BloFin XAU-USDT+0.0360%4h4,337+0.126%$16.2M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0313%1h4,336.8+0.122%$256K111xas long as short
HTX XAU-USDT+0.1105%4h4,342+0.241%$3.2M$6.9M75xas long as short
Bluefin GOLD-PERP+0.1442%1h4,330.2−0.032%$25K$1K20xas long as short