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+0.0177%/8h= +19.4% APRnext payment +$0.89 per $10,000 · paid last 24h −0.004%
Price spread now: HTX against edgeX+0.255%7-day average +0.212% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as 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−0.019%−$2 on $10k
Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.255%, 7d avg +0.212%
Together, before fees−0.001%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and HTX is 0.043% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.212%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,365.90.0009pay 0.0004% / 4h15m 14s$30.4M$59.4M50x
ShortHTX XAU-USDT4,3770.0186get 0.0093% / 4h15m 14s$2.8M$3.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$37.19
Price spread: +0.255% → +0.212%
$4.34
Slippage, 4 orders
−$3.67
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
$16.86
Costs to cover
0.247%
Break-even
3.8 days
Slippage from edgeX: live order book, 4 min ago; HTX: live order book, 4 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 ago0.23 bp4.7 bp −$54.9 bp −$498.6 bp −$86139.1 bp −$19.5K
Sell HTX live order book, 4 min ago0.01 bp6.4 bp −$610.4 bp −$10416.4 bp −$1,636doesn'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−0.0230%1h4,363.3−0.060%$26K$22K20xas long as short
Hotstuff GOLD-PERP−0.0008%1h4,366.9+0.024%$33K25xas long as short
Phoenix GOLD−0.0004%1h4,370.3+0.102%$48K$65K25xas long as short
Aster XAUUSD10.0000%4h4,371.3+0.123%$71.9M$224.8M20xas long as short
Binance XAUUSDT0.0000%4h4,371+0.119%$410.8M$2.14B100xas long as short
Bybit XAUUSDT0.0000%4h4,371.7+0.133%$82.8M$142.6M150xas long as short
RISEx XAU/USDC0.0000%1h4,371+0.118%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,371.3+0.124%$267.4M$417.7M100xas long as short
MEXC XAU_USDT0.0000%4h4,370.9+0.116%$376.1M$324.1M1000xas long as short
Bitget XAUUSDT0.0000%4h4,370.6+0.109%$69.6M$113.4M100xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAU0.0000%4h4,370.5+0.106%$48.5M$29.3Mas long as short
GRVT XAU_USDT_Perp0.0000%4h4,371+0.118%$1.4M$3.1M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,368.2+0.053%$4.0M$36.2M15xas long as short
SunX XAU-USDT0.0000%4h4,375+0.208%$93K$10.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,366.5+0.015%$268K250xas long as short
edgeX XAUUSDClong+0.0009%4h4,365.9long leg$30.4M$59.4M50x
QFEX GOLD-USD+0.0032%1h4,370+0.095%$5.4M$1.9M20xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.354%$619$5452xas long as short
Lighter XAU+0.0040%1h4,370.3+0.101%$20.8M$44.9M25xas long as short
StandX XAU-USD+0.0040%1h4,371.8+0.136%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,404.8+0.892%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,366.6+0.017%$294.2M$52.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,367+0.025%$14.7M$57.0M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,370.5+0.106%$19K$5K5xas long as short
Lighter RH XAU+0.0056%1h4,372.9+0.161%$20.2M$42.3M25xas long as short
Extended XAU-USD+0.0064%1h4,366.6+0.018%$13.1M$45.5M25xas long as short
Aevo XAU-PERP+0.0080%1h4,369.9+0.093%$162K$8710xas long as short
Pacifica XAU+0.0100%1h4,367.4+0.035%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,368.6+0.062%$277K$204K50xas long as short
Polymarket Perps GOLD-USD+0.0104%1h4,370+0.095%$4.3M$1.8M20xas long as short
Bullet GOLD-USD+0.0111%1h4,370.7+0.110%$59K$81K10xas long as short
Coinbase International GOLD-PERP-INTX+0.0152%1h4,367.2+0.031%$2.0M$5.1M25xas long as short
OKX XAU-USDT-SWAP+0.0162%8h4,371.3+0.124%$158.6M$274.4M100xas long as short
HTX XAU-USDTshort+0.0186%4h4,377+0.255%$2.8M$3.8M75x
Kraken Futures PF_XAUUSD+0.0219%1h4,368.1+0.051%$603K$137K25xas long as short
BloFin XAU-USDT+0.0240%4h4,370.9+0.115%$14.8M$4.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0254%1h4,369.8+0.090%$235K$736K25xas long as short
Phemex XAUUSDT+0.0320%4h4,370.9+0.115%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,370.7+0.110%$252K111xas long as short