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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.240%
Price spread now: Bluefin against Extended−0.062%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Bluefin is 0.062% cheaper against Extended than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.0 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,354.70.0032pay 0.0004% / 1h19m 19s$13.5M$42.1M25x
ShortBluefin GOLD-PERP4,3520.0100get 0.0013% / 1h19m 19s$26K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Extended. 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
$14.28
Price spread: −0.062% → 0.000%
−$6.21
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$3.93
Costs to cover
0.120%
Break-even
8.9 days
Slippage unknown: Extended: live order book, 5 min ago; Bluefin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 5 min ago0.12 bp2.6 bp −$33.9 bp −$397.4 bp −$73625.3 bp −$12.6K
Sell Bluefin no order-book sample
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAU on 38 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
Gate XAU_USDT0.0000%4h4,360.1+0.122%$263.5M$412.6M100xas long as short
SunX XAU-USDT0.0000%4h4,364+0.212%$93K$9.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,354.5−0.005%$270K250xas long as short
Aster XAUUSD1+0.0022%4h4,359.9+0.118%$70.6M$293.3M20xas long as short
Extended XAU-USDlong+0.0032%1h4,354.7long leg$13.5M$42.1M25x
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.099%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,357+0.052%$4.1M$35.9M15xas long as short
StandX XAU-USD+0.0040%1h4,359.3+0.105%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,392.1+0.858%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,356+0.029%$33K25xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,355.2+0.010%$294.3M$48.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,355.8+0.024%$14.9M$58.0M25xas long as short
QFEX GOLD-USD+0.0051%1h4,358.6+0.088%$5.6M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,358.6+0.088%$20.7M$43.7M25xas long as short
Lighter RH XAU+0.0056%1h4,361.1+0.145%$20.2M$40.9M25xas long as short
Polymarket Perps GOLD-USD+0.0068%1h4,358.2+0.079%$4.3M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,355.1+0.008%$2.0M$5.0M25xas long as short
Variational Omni XAU+0.0078%4h4,359+0.098%$48.3M$28.1Mas long as short
Paradex XAU-USD-PERP+0.0082%8h4,359.4+0.108%$19K$5K5xas long as short
MEXC XAU_USDT+0.0094%4h4,358.7+0.090%$376.0M$323.5M1000xas long as short
edgeX XAUUSDC+0.0094%4h4,353.4−0.032%$30.3M$59.8M50xas long as short
Binance XAUUSDT+0.0097%4h4,359.4+0.107%$409.2M$2.09B100xas long as short
Pacifica XAU+0.0100%1h4,356.5+0.040%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,357.1+0.053%$275K$204K50xas long as short
Bluefin GOLD-PERPshort+0.0100%1h4,352−0.062%$26K$14K20x
Aevo XAU-PERP+0.0104%1h4,358.6+0.087%$161K$8710xas long as short
GRVT XAU_USDT_Perp+0.0110%4h4,360+0.121%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0121%1h4,356.9+0.049%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,359.5+0.109%$3.4M$12.4M25xas long as short
Bullet GOLD-USD+0.0162%1h4,359+0.098%$59K$83K10xas long as short
Bybit XAUUSDT+0.0170%4h4,360.8+0.139%$84.1M$143.7M150xas long as short
Bitget XAUUSDT+0.0178%4h4,358.7+0.092%$69.5M$109.7M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0209%1h4,357.8+0.070%$243K$671K25xas long as short
OKX XAU-USDT-SWAP+0.0235%8h4,361+0.144%$164.9M$282.7M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,356.4+0.038%$594K$139K25xas long as short
Phemex XAUUSDT+0.0335%4h4,362+0.166%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,358.8+0.092%$253K111xas long as short
HTX XAU-USDT+0.0538%4h4,363.9+0.211%$2.9M$3.9M75xas long as short