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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Vest against Extended+0.859%7-day average +0.918% · 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 3 days (all we have)−0.001%$0 on $10k
Price spread, last 7 days+0.019%+$2 · spread now +0.859%, 7d avg +0.918%
Together, before fees+0.018%+ Points / potential airdropExtended: Active · Vest: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.059% cheaper against Extended than usual: you would sell low and buy high (spread +0.859% now, against its 7-day average of +0.918%). If the spread goes back, that is −$6 on $10k: about 14 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,350.10.0032pay 0.0004% / 1h29m 29s$13.6M$39.3M25x
ShortVest GC-PERP4,387.50.0046get 0.0006% / 1h29m 29s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$2.87
Price spread: +0.859% → +0.918%
−$5.86
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$9.99
Costs to cover
0.070%
Break-even
31.3 days
Slippage unknown: Extended: live order book, 5 min ago; Vest: 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 bp3.4 bp −$35.4 bp −$548.4 bp −$84326.5 bp −$13.2K
Sell Vest no order-book sample
Vest: 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 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
SunX XAU-USDT0.0000%4h4,359.8+0.222%$93K$9.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,350.1−0.001%$267K250xas long as short
Gate XAU_USDT+0.0006%4h4,355.1+0.115%$265.0M$411.4M100xas long as short
RISEx XAU/USDC+0.0010%1h4,353.2+0.070%$3.4M$12.4M25xas long as short
Extended XAU-USDlong+0.0032%1h4,350.1long leg$13.6M$39.3M25x
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.007%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0038%24h4,353.2+0.071%$4.1M$36.9M15xas long as short
StandX XAU-USD+0.0040%1h4,356+0.135%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0043%4h4,354.5+0.102%$70.5M$333.6M20xas long as short
Vest GC-PERPshort+0.0046%1h4,387.5+0.859%$1.0M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,351.6+0.034%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,350.6+0.011%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,350.6+0.011%$293.9M$48.7M25xas long as short
GRVT XAU_USDT_Perp+0.0050%4h4,354.7+0.106%$1.4M$3.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,349.6−0.013%$15.1M$57.4M25xas long as short
Lighter XAU+0.0056%1h4,353.4+0.075%$20.6M$42.2M25xas long as short
Variational Omni XAU+0.0057%4h4,353+0.065%$48.3M$27.8Mas long as short
Lighter RH XAU+0.0072%1h4,355.3+0.119%$20.1M$39.7M25xas long as short
MEXC XAU_USDT+0.0074%4h4,354.2+0.093%$372.7M$318.3M1000xas long as short
Binance XAUUSDT+0.0074%4h4,353.9+0.087%$412.8M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0082%8h4,353.7+0.082%$19K$5K5xas long as short
edgeX XAUUSDC+0.0092%4h4,347.3−0.065%$30.3M$58.9M50xas long as short
Aevo XAU-PERP+0.0096%1h4,354.4+0.099%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,351.4+0.029%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,351+0.020%$275K$202K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,348−0.049%$25K$14K20xas long as short
Polymarket Perps GOLD-USD+0.0129%1h4,353.2+0.071%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,350.3+0.004%$47K$77K25xas long as short
Phemex XAUUSDT+0.0140%4h4,356+0.134%$2.2M$1.1M100xas long as short
Hotstuff GOLD-PERP+0.0176%1h4,350.9+0.018%$33K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0187%1h4,354.2+0.094%$258K$706K25xas long as short
Bybit XAUUSDT+0.0196%4h4,355.1+0.115%$84.5M$145.4M150xas long as short
Bitget XAUUSDT+0.0212%4h4,353.8+0.085%$70.2M$109.5M100xas long as short
Bullet GOLD-USD+0.0214%1h4,354+0.090%$59K$83K10xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,354.8+0.108%$164.7M$282.1M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,352.7+0.059%$594K$133K25xas long as short
BloFin XAU-USDT+0.0295%4h4,354.1+0.091%$15.5M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0404% / S −0.0215%1h4,354+0.090%$251K111xas long as short
HTX XAU-USDT+0.0564%4h4,360.3+0.235%$2.9M$4.2M75xas long as short