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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.017%
Price spread now: StandX against gTrade (Gains Network)+0.067%54s7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2812.806% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.056%+$6 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.067%, 7d avg +0.120%
Together, before fees+0.031%+ Points / potential airdropStandX: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.054% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread +0.067% now, against its 7-day average of +0.120%). If the spread goes back, that is −$5 on $10k: about 2.4 days of funding at the current rate (+$2 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAU/USD4,313.2L +0.0002% / S −0.0003%pay 0.0000% / 1h17m 19s$274K250x
ShortStandX XAU-USD4,316.10.0078get 0.0010% / 1h17m 19s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against gTrade (Gains Network). 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
$15.98
Price spread: +0.067% → +0.120%
−$5.37
Slippage, 4 orders
−$265.62
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$270
Costs to cover
2.806%
Break-even
125.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 47 min ago; StandX: live order book, 2 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 gTrade (Gains Network) virtual book (oracle venue), 47 min ago130.01 bp133.5 bp −$134196.7 bp −$1,9671352.9 bp −$135.3K5907.8 bp −$2.95M
Sell StandX live order book, 2 min ago0.12 bp8.0 bp −$88.6 bp −$8610.7 bp −$1,07014.5 bp −$7,232

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%4h4,322.6+0.216%$92K$6.7M20xas long as short
gTrade (Gains Network) XAU/USDlongL +0.0002% / S −0.0003%1h4,313.2long leg$274K250x
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.862%$619$5452xas long as short
Vest GC-PERP+0.0046%1h4,352.6+0.913%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,318.9+0.131%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,317.2+0.092%$291.6M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,321.4+0.189%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,316.7+0.080%$15.0M$56.3M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,312.9−0.008%$2.0M$5.2M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,321+0.181%$2K$13K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAUUSD1+0.0070%4h4,322.4+0.212%$74.0M$271.5M20xas long as short
StandX XAU-USDshort+0.0078%1h4,316.1+0.067%$3.8M$4.5M40x
Lighter XAU+0.0080%1h4,320.5+0.168%$20.3M$29.7M25xas long as short
Extended XAU-USD+0.0088%1h4,317.8+0.105%$12.9M$35.8M25xas long as short
Phoenix GOLD+0.0095%1h4,311.2−0.047%$42K$86K25xas long as short
Lighter RH XAU+0.0096%1h4,322.8+0.222%$19.8M$40.7M25xas long as short
Pacifica XAU+0.0100%1h4,318+0.110%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,308.7−0.106%$277K$223K50xas long as short
Aevo XAU-PERP+0.0112%1h4,317.2+0.093%$160K$8710xas long as short
Kalshi KXGOLDPERP+0.0114%24h4,318.4+0.120%$3.6M$47.4M15xas long as short
Variational Omni XAU+0.0115%4h4,311.4−0.042%$46.9M$29.9Mas long as short
RISEx XAU/USDC+0.0126%1h4,321.9+0.200%$4.5M$13.5M25xas long as short
Hotstuff GOLD-PERP+0.0128%1h4,318.1+0.113%$32K25xas long as short
MEXC XAU_USDT+0.0128%4h4,320.8+0.176%$353.8M$350.4M1000xas long as short
Binance XAUUSDT+0.0129%4h4,321.3+0.186%$438.3M$2.28B100xas long as short
Bybit XAUUSDT+0.0142%4h4,322.8+0.221%$80.3M$162.0M150xas long as short
edgeX XAUUSDC+0.0143%4h4,310.3−0.068%$30.1M$62.9M50xas long as short
Gate XAU_USDT+0.0178%4h4,322.9+0.224%$301.3M$437.9M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,317.7+0.104%$133K$811K25xas long as short
Bullet GOLD-USD+0.0195%1h4,321+0.180%$59K$77K10xas long as short
Bitget XAUUSDT+0.0202%4h4,321.3+0.187%$70.5M$128.1M100xas long as short
GRVT XAU_USDT_Perp+0.0240%4h4,315.1+0.043%$1.4M$3.1M25xas long as short
OKX XAU-USDT-SWAP+0.0250%8h4,322.3+0.210%$171.3M$344.0M100xas long as short
Phemex XAUUSDT+0.0324%4h4,320.6+0.170%$2.2M$961K100xas long as short
Kraken Futures PF_XAUUSD+0.0327%1h4,315.2+0.045%$574K$143K25xas long as short
BloFin XAU-USDT+0.0369%4h4,312.8−0.011%$16.4M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0313%1h4,316.9+0.084%$255K111xas long as short
HTX XAU-USDT+0.1180%4h4,325.4+0.282%$3.2M$6.9M75xas long as short
Bluefin GOLD-PERP+0.2141%1h4,316.8+0.083%$25K$1K20xas long as short