Funding arb · Price arb /

XAU

RWAall XAU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%

Price spread now: Aster against Gate−0.037%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 7 days−0.005%$0 · spread now −0.037%, 7d avg −0.026%

Together, before fees+0.085%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAU_USDT	4,348.1	0	get 0.0000% / 4h	2h 30m	$272.9M	$411.0M	100x
Short	Aster XAUUSD1	4,346.5	0	get 0.0000% / 4h	2h 30m	$70.4M	$238.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee AsterbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → −0.026%: −$1.05
Slippage, 4 orders: −$0.68
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$24.72
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Aster: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	0.01 bp	7.5 bp −$8	9.6 bp −$96	13.3 bp −$1,325	14.4 bp −$7,210
Sell Aster live order book, 4 min ago	0.01 bp	4.0 bp −$4	4.0 bp −$40	69.1 bp −$6,913	doesn't fit

XAU on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin GOLD-PERP	−0.0340%	1h	4,338.5	−0.220%	$26K	$21K	20x	as long as short
Aster XAUUSD1short	0.0000%	4h	4,346.5	−0.037%	$70.4M	$238.5M	20x
Bybit XAUUSDT	0.0000%	4h	4,347.5	−0.014%	$82.9M	$142.9M	150x	as long as short
Gate XAU_USDTlong	0.0000%	4h	4,348.1	long leg	$272.9M	$411.0M	100x
Kalshi KXGOLDPERP	0.0000%	24h	4,344.8	−0.076%	$3.9M	$34.0M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,351.2	+0.071%	$92K	$10.9M	20x	as long as short
Lighter XAU	+0.0032%	1h	4,345.6	−0.058%	$20.6M	$46.5M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,348.2	+0.001%	$20.1M	$44.7M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344.7	−0.080%	$13.1M	$50.9M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.053%	$619	$54	52x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XAU_USDT_Perp	+0.0038%	4h	4,345.8	−0.054%	$1.4M	$3.4M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,345.5	−0.060%	$3.8M	$4.7M	40x	as long as short
Bullet GOLD-USD	+0.0040%	1h	4,346.3	−0.041%	$59K	$83K	10x	as long as short
Vest GC-PERP	+0.0046%	1h	4,382	+0.779%	—	$995K	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,343.1	−0.115%	$293.0M	$51.7M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,345.5	−0.060%	$4.3M	$2.2M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,342.7	−0.124%	$14.8M	$52.7M	25x	as long as short
QFEX GOLD-USD	+0.0052%	1h	4,346.2	−0.044%	$5.5M	$1.9M	20x	as long as short
Paradex XAU-USD-PERP	+0.0064%	8h	4,346.5	−0.038%	$19K	$6K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,343.9	−0.097%	$2.0M	$5.2M	25x	as long as short
Variational Omni XAU	+0.0096%	4h	4,346.4	−0.039%	$47.8M	$34.2M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,344.1	−0.092%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,344.8	−0.076%	$273K	$203K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,346.4	−0.039%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0104%	4h	4,346.6	−0.034%	$411.9M	$2.09B	100x	as long as short
MEXC XAU_USDT	+0.0106%	4h	4,346.3	−0.043%	$369.2M	$341.7M	1000x	as long as short
Phoenix GOLD	+0.0109%	1h	4,345.3	−0.065%	$47K	$69K	25x	as long as short
edgeX XAUUSDC	+0.0118%	4h	4,339.9	−0.189%	$30.2M	$57.5M	50x	as long as short
Hotstuff GOLD-PERP	+0.0120%	1h	4,343	−0.118%	$33K	—	25x	as long as short
Bitget XAUUSDT	+0.0142%	4h	4,346.1	−0.047%	$67.7M	$112.6M	100x	as long as short
HTX XAU-USDT	+0.0148%	4h	4,348.6	+0.011%	$2.8M	$3.7M	75x	as long as short
RISEx XAU/USDC	+0.0190%	1h	4,346.7	−0.034%	$3.5M	$12.5M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0256%	8h	4,345.5	−0.060%	$157.7M	$271.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0333%	1h	4,344.1	−0.091%	$587K	$114K	25x	as long as short
BloFin XAU-USDT	+0.0346%	4h	4,347	−0.026%	$14.8M	$4.3M	100x	as long as short
Phemex XAUUSDT	+0.0391%	4h	4,349.4	+0.030%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0496% / S −0.0311%	1h	4,346.6	−0.034%	$251K	—	111x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0810%	1h	4,343.4	−0.109%	$221K	$896K	25x	as long as short