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−0.0013%/8h= −1.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.039%
Price spread now: GRVT against edgeX+0.099%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.188% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 7 days−0.047%−$5 · spread now +0.099%, 7d avg +0.111%
Together, before fees−0.093%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.111%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,358.60.0013pay 0.0006% / 4h22m 57s$30.3M$58.6M50x
ShortGRVT XAU_USDT_Perp4,362.90get 0.0000% / 4h22m 57s$1.4M$3.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$2.71
Price spread: +0.099% → +0.111%
−$1.18
Slippage, 4 orders
−$0.79
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$22.68
Costs to cover
0.188%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; GRVT: live order book, 6 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 ago0.34 bp4.8 bp −$54.9 bp −$497.7 bp −$77135.2 bp −$17.6K
Sell GRVT live order book, 6 min ago0.01 bp4.6 bp −$54.7 bp −$476.4 bp −$636doesn'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
Bluefin GOLD-PERP−0.0206%1h4,357.5−0.024%$26K$22K20xas long as short
Hotstuff GOLD-PERP−0.0016%1h4,360.5+0.044%$33K25xas long as short
Phoenix GOLD−0.0004%1h4,360.3+0.040%$48K$65K25xas long as short
Aster XAUUSD10.0000%4h4,365.3+0.155%$71.6M$225.6M20xas long as short
Binance XAUUSDT0.0000%4h4,365.2+0.151%$406.9M$2.13B100xas long as short
Bybit XAUUSDT0.0000%4h4,365.5+0.159%$82.5M$142.3M150xas long as short
RISEx XAU/USDC0.0000%1h4,364.7+0.140%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,365.7+0.164%$269.1M$413.0M100xas long as short
MEXC XAU_USDT0.0000%4h4,365.2+0.152%$376.1M$322.8M1000xas long as short
Bitget XAUUSDT0.0000%4h4,365.1+0.150%$69.6M$113.3M100xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAU0.0000%4h4,362.9+0.098%$48.4M$30.2Mas long as short
GRVT XAU_USDT_Perpshort0.0000%4h4,362.9+0.099%$1.4M$3.1M25x
Kalshi KXGOLDPERP0.0000%24h4,362.9+0.099%$4.1M$36.0M15xas long as short
SunX XAU-USDT0.0000%4h4,369.1+0.242%$93K$10.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,360.7+0.050%$267K250xas long as short
edgeX XAUUSDClong+0.0013%4h4,358.6long leg$30.3M$58.6M50x
QFEX GOLD-USD+0.0032%1h4,364.9+0.145%$5.4M$1.8M20xas long as short
Extended XAU-USD+0.0032%1h4,361.2+0.060%$13.1M$45.6M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.187%$619$5452xas long as short
Lighter XAU+0.0040%1h4,364.1+0.127%$20.7M$44.7M25xas long as short
StandX XAU-USD+0.0040%1h4,364+0.125%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,398.6+0.919%$1.0M25xas long as short
Lighter RH XAU+0.0048%1h4,366.4+0.180%$20.3M$42.1M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,361.3+0.063%$293.6M$52.3M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,360.8+0.051%$14.5M$56.6M25xas long as short
Paradex XAU-USD-PERP+0.0052%8h4,365+0.148%$19K$5K5xas long as short
Aevo XAU-PERP+0.0080%1h4,364+0.124%$162K$8710xas long as short
Polymarket Perps GOLD-USD+0.0095%1h4,364+0.125%$4.3M$1.8M20xas long as short
Bullet GOLD-USD+0.0096%1h4,364.8+0.142%$59K$81K10xas long as short
Pacifica XAU+0.0100%1h4,361.1+0.058%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,360.7+0.048%$277K$204K50xas long as short
Coinbase International GOLD-PERP-INTX+0.0152%1h4,361.7+0.072%$2.0M$5.1M25xas long as short
OKX XAU-USDT-SWAP+0.0159%8h4,366.5+0.182%$158.9M$273.6M100xas long as short
HTX XAU-USDT+0.0165%4h4,368.2+0.221%$2.8M$3.7M75xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0209%1h4,363.1+0.104%$235K$736K25xas long as short
Kraken Futures PF_XAUUSD+0.0220%1h4,361.9+0.076%$602K$136K25xas long as short
BloFin XAU-USDT+0.0240%4h4,364.7+0.142%$14.8M$4.5M100xas long as short
Phemex XAUUSDT+0.0335%4h4,367+0.194%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,364.8+0.142%$252K111xas long as short