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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h +0.001%
Price spread now: StandX against Extended+0.150%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 7 days−0.099%−$10 · spread now +0.150%, 7d avg +0.108%
Together, before fees−0.069%+ Points / potential airdropExtended: Active · StandX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.042% dearer against Extended than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of +0.108%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,318.20.0136pay 0.0017% / 1h1m 01s$12.9M$36.4M25x
ShortStandX XAU-USD4,324.70.0040get 0.0005% / 1h1m 01s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$20.16
Price spread: +0.150% → +0.108%
$4.2
Slippage, 4 orders
−$5.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$34.52
Costs to cover
0.186%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; StandX: 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 −$33.2 bp −$326.6 bp −$664doesn't fit
Sell StandX live order book, 3 min ago0.12 bp9.2 bp −$910.2 bp −$10210.7 bp −$1,071doesn'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−0.0040%1h4,315.8−0.056%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,326.5+0.192%$92K$7.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,318.4+0.004%$270K250xas long as short
Hotstuff GOLD-PERP+0.0008%1h4,318.3+0.001%$32K25xas long as short
Bybit XAUUSDT+0.0026%4h4,322.3+0.094%$76.9M$154.2M150xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.745%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,324.7+0.150%$3.8M$4.5M40x
QFEX GOLD-USD+0.0042%1h4,321.7+0.080%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,354.4+0.837%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,318.6+0.008%$291.3M$51.6M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,318.2−0.002%$15.0M$55.7M25xas long as short
Aster XAUUSD1+0.0060%4h4,323.9+0.130%$72.7M$273.2M20xas long as short
Lighter XAU+0.0064%1h4,321.2+0.068%$20.3M$30.8M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,319.7+0.034%$2.1M$4.9M25xas long as short
Paradex XAU-USD-PERP+0.0075%8h4,321.7+0.080%$2K$14K5xas long as short
Kalshi KXGOLDPERP+0.0084%24h4,322.9+0.108%$3.8M$44.2M15xas long as short
Variational Omni XAU+0.0093%4h4,322.6+0.101%$47.2M$29.1Mas long as short
MEXC XAU_USDT+0.0098%4h4,322.2+0.093%$365.0M$336.6M1000xas long as short
GRVT XAU_USDT_Perp+0.0098%4h4,322+0.088%$1.4M$3.0M25xas long as short
edgeX XAUUSDC+0.0100%4h4,317.4−0.019%$30.1M$60.0M50xas long as short
Phoenix GOLD+0.0100%1h4,317.3−0.022%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,318.8+0.013%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,320.4+0.050%$272K$208K50xas long as short
Binance XAUUSDT+0.0101%4h4,322.2+0.091%$423.4M$2.14B100xas long as short
Gate XAU_USDT+0.0104%4h4,323.9+0.131%$279.2M$426.8M100xas long as short
Aevo XAU-PERP+0.0104%1h4,321.2+0.068%$160K$8710xas long as short
Lighter RH XAU+0.0112%1h4,323.7+0.126%$20.0M$39.5M25xas long as short
Extended XAU-USDlong+0.0136%1h4,318.2long leg$12.9M$36.4M25x
Kraken Futures PF_XAUUSD+0.0154%1h4,319.5+0.028%$577K$136K25xas long as short
RISEx XAU/USDC+0.0184%1h4,324.2+0.138%$4.1M$12.8M25xas long as short
Bullet GOLD-USD+0.0188%1h4,322.2+0.092%$59K$82K10xas long as short
Bitget XAUUSDT+0.0210%4h4,322.3+0.093%$67.5M$118.6M100xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,322.2+0.092%$4.3M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0259%1h4,320.7+0.057%$163K$869K25xas long as short
OKX XAU-USDT-SWAP+0.0296%8h4,322.3+0.094%$173.3M$301.1M100xas long as short
HTX XAU-USDT+0.0332%4h4,327.9+0.223%$3.2M$5.8M75xas long as short
BloFin XAU-USDT+0.0341%4h4,322.3+0.095%$16.3M$4.6M100xas long as short
Phemex XAUUSDT+0.0358%4h4,325.7+0.173%$2.2M$976K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,322.4+0.096%$252K111xas long as short