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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Injective against Extended+0.159%80s7-day average · you sell dearer than you buy
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 4 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.159% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,343.50.0032pay 0.0004% / 1h5m 56s$13.2M$50.9M25x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h5m 56s$619$5452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$0.28
Price spread: +0.159% → 0.000%
$15.88
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$11.14
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 min ago; Injective: 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, 3 min ago0.12 bp2.6 bp −$33.9 bp −$397.3 bp −$73427.4 bp −$13.7K
Sell Injective no order-book sample
Injective: 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
Bluefin GOLD-PERP−0.0500%1h4,334.7−0.203%$26K$21K20xas long as short
Aster XAUUSD10.0000%4h4,344.6+0.024%$71.1M$241.0M20xas long as short
Binance XAUUSDT0.0000%4h4,341.7−0.042%$411.2M$2.12B100xas long as short
Bybit XAUUSDT0.0000%4h4,342−0.034%$82.7M$144.9M150xas long as short
Gate XAU_USDT0.0000%4h4,342.8−0.017%$273.1M$413.5M100xas long as short
MEXC XAU_USDT0.0000%4h4,340.8−0.062%$372.3M$350.7M1000xas long as short
Bitget XAUUSDT0.0000%4h4,342.4−0.026%$67.1M$114.1M100xas long as short
GRVT XAU_USDT_Perp0.0000%4h4,342.1−0.033%$1.4M$3.3M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,340.5−0.070%$3.9M$34.1M15xas long as short
Bullet GOLD-USD0.0000%1h4,342−0.035%$59K$84K10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XAU-USDT0.0000%4h4,346.1+0.059%$92K$10.9M20xas long as short
HTX XAU-USDT0.0000%4h4,345.4+0.042%$2.8M$3.8M75xas long as short
Variational Omni XAU+0.0016%4h4,342−0.034%$47.8M$34.0Mas long as short
edgeX XAUUSDC+0.0017%4h4,338.3−0.121%$30.2M$58.0M50xas long as short
Lighter XAU+0.0032%1h4,340.7−0.065%$20.7M$46.8M25xas long as short
Lighter RH XAU+0.0032%1h4,343.3−0.006%$20.2M$45.1M25xas long as short
Extended XAU-USDlong+0.0032%1h4,343.5long leg$13.2M$50.9M25x
Injective XAU/USDC PERPshort+0.0033%1h4,350.4+0.159%$619$5452x
StandX XAU-USD+0.0040%1h4,343.2−0.007%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,382+0.886%$995K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,339.5−0.093%$293.0M$52.6M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,341.3−0.051%$4.3M$2.3M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,341.1−0.056%$14.4M$54.6M25xas long as short
Paradex XAU-USD-PERP+0.0051%8h4,342.1−0.034%$19K$6K5xas long as short
QFEX GOLD-USD+0.0052%1h4,342.5−0.024%$5.5M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,338.1−0.125%$2.0M$5.2M25xas long as short
Aevo XAU-PERP+0.0080%1h4,341.7−0.042%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,341.2−0.054%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,343.2−0.007%$272K$204K50xas long as short
BloFin XAU-USDT+0.0108%4h4,342.1−0.033%$14.8M$4.3M100xas long as short
Phoenix GOLD+0.0109%1h4,343.4−0.003%$47K$69K25xas long as short
Hotstuff GOLD-PERP+0.0152%1h4,339.5−0.093%$33K25xas long as short
OKX XAU-USDT-SWAP+0.0187%8h4,341.8−0.040%$157.9M$275.1M100xas long as short
RISEx XAU/USDC+0.0190%1h4,342−0.034%$3.4M$12.6M25xas long as short
Kraken Futures PF_XAUUSD+0.0333%1h4,338.9−0.107%$598K$140K25xas long as short
Phemex XAUUSDT+0.0413%4h4,344.8+0.030%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0496% / S −0.0311%1h4,341.7−0.041%$251K29xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0650%1h4,339.1−0.102%$221K$883K25xas long as short