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+0.0103%/8h= +11.3% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: RISEx against Extended+0.107%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.154% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.044%+$4 on $10k
Price spread, last 7 days−0.062%−$6 · spread now +0.107%, 7d avg +0.092%
Together, before fees−0.018%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.092%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,3530.0032pay 0.0004% / 1h16m 05s$13.5M$41.8M25x
ShortRISEx XAU/USDC4,357.60.0135get 0.0017% / 1h16m 05s$3.4M$12.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$21.66
Price spread: +0.107% → +0.092%
$1.52
Slippage, 4 orders
−$4.44
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$7.74
Costs to cover
0.154%
Break-even
4.5 days
Slippage from Extended: live order book, 3 min ago; RISEx: live order book, 3 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 Extended live order book, 3 min ago0.12 bp2.6 bp −$32.9 bp −$295.0 bp −$50221.2 bp −$10.6K
Sell RISEx live order book, 3 min ago0.01 bp3.0 bp −$33.4 bp −$3459.2 bp −$5,924doesn't fit

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%4h4,357.9+0.113%$263.4M$413.4M100xas long as short
SunX XAU-USDT0.0000%4h4,362.2+0.211%$93K$9.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,3530.000%$270K250xas long as short
Hotstuff GOLD-PERP+0.0024%1h4,355.8+0.065%$33K25xas long as short
Aster XAUUSD1+0.0030%4h4,355.5+0.057%$70.4M$296.3M20xas long as short
Extended XAU-USDlong+0.0032%1h4,353long leg$13.5M$41.8M25x
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.059%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,354.8+0.042%$4.1M$35.9M15xas long as short
StandX XAU-USD+0.0040%1h4,358.4+0.125%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,391.7+0.890%$1.0M25xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,353.3+0.007%$294.2M$48.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,354.7+0.039%$14.9M$57.9M25xas long as short
QFEX GOLD-USD+0.0051%1h4,357.3+0.099%$5.6M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,355+0.047%$20.7M$43.7M25xas long as short
Lighter RH XAU+0.0064%1h4,357.5+0.105%$20.1M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,353.8+0.019%$2.0M$5.0M25xas long as short
Polymarket Perps GOLD-USD+0.0073%1h4,357.1+0.095%$4.3M$1.9M20xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,357.3+0.100%$19K$5K5xas long as short
Variational Omni XAU+0.0086%4h4,356+0.070%$48.2M$28.1Mas long as short
Pacifica XAU+0.0100%1h4,355+0.046%$1.4M$1.2M10xas long as short
MEXC XAU_USDT+0.0100%4h4,356.3+0.075%$375.7M$323.6M1000xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,358.5+0.126%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,350.6−0.055%$25K$14K20xas long as short
Binance XAUUSDT+0.0101%4h4,356.2+0.075%$409.3M$2.09B100xas long as short
Aevo XAU-PERP+0.0104%1h4,356.5+0.082%$161K$8710xas long as short
edgeX XAUUSDC+0.0112%4h4,353.3+0.008%$30.3M$59.9M50xas long as short
GRVT XAU_USDT_Perp+0.0116%4h4,360+0.162%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0121%1h4,356.9+0.090%$48K$64K25xas long as short
RISEx XAU/USDCshort+0.0135%1h4,357.6+0.107%$3.4M$12.4M25x
Bullet GOLD-USD+0.0165%1h4,357.7+0.108%$59K$83K10xas long as short
Bybit XAUUSDT+0.0174%4h4,358.9+0.136%$84.0M$143.7M150xas long as short
Bitget XAUUSDT+0.0182%4h4,356.2+0.075%$69.4M$109.6M100xas long as short
OKX XAU-USDT-SWAP+0.0237%8h4,360.2+0.166%$164.8M$282.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,354.4+0.033%$594K$139K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0301%1h4,355.4+0.056%$242K$672K25xas long as short
Phemex XAUUSDT+0.0341%4h4,359.2+0.144%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0391% / S −0.0197%1h4,357.2+0.097%$251K111xas long as short
HTX XAU-USDT+0.0547%4h4,363.9+0.251%$2.9M$3.9M75xas long as short