Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG4,157.9+0.0080pay 0.0040% / 4h39m 36s$1.4M$2.8M25xLong GRVT
SHORT4,153L +0.0108S +0.0023pay 0.0003% / 1h39m 36s$5.5M—200xShort Avantis
Price gap−0.118%
Funding gap−0.0103% /8h

The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 18 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$33−0.0103% /8h now · paid −0.332% over the last 7D
Price+$2spread −0.118% now, avg −0.141% → +0.023% if it goes back
Costsno datano order book for Avantis
Result, before costs−$31−0.31%+ Points / potential airdropGRVT: points · Avantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.118%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XAU on 41 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$400 + $50
    GRVT 25x, Avantis 200x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$3.08Long GRVT: 6 payments, −$2.40; short Avantis: 24 payments, −$0.68.
  • OK: Entry gap works for you−0.118% vs −0.141%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Long leg is thinner$1.4M vs $5.5M OI
    Both legs are deep; GRVT is the smaller one.
  • OK: Points on a legGRVT points · Avantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legGRVT No · Avantis No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0158%/8h × 21 periods−$33.18
Price spread−0.118% → −0.141% (7d avg)+$2.27
Slippage, 4 ordersno data for Avantis—
Fee GRVT bp × 2 orders−$9.00
Fee Avantis bp × 2 orders−$4.00
Net, fees only · 7 days · $10k−$43.91
Costs to cover0.130%Break-evennever at this rate
Slippage: GRVT: live order book, 1 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT0.014.5 bp−$54.9 bp−$49655.5 bp−$65.5Kdoesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

XAU news

posts that mention XAU or Gold, from every exchangeSearch all news →
09-30 18:40HotstuffListingGOLD-PERP no longer reported ($XAU) seen by our collector
09-30 15:36BingXOtherhere’s what could move markets before your next trade 👀 which are you watching: gold, the dollar or AI stocks? 👇 @BingXOfficial on X ↗
09-30 02:07AvantisOtherThe macro backdrop hasn’t changed much, but the reactions across markets have. Yields are pushing back toward multi-decade highs and equities are struggling to get much traction. $XAU is bouncing after getting hit hard, while $BTC has managed to recover toward $84K. That divergence is where this week gets interesting, and the crew is diving in tomorrow at 12:30pm ET 📺 @verantaxyz on X ↗
09-29 13:32GRVTOtherUPDATE: 74 of 109 RWA markets traded in week one. Gold led, Korean semis second, US brokerage third. Makers paid on all of them. @grvt_io on X ↗
09-29 08:55ApeX OmniOtherQuiet tape. S&P -0.8%, NASDAQ -0.9%, gold and oil barely moved. The 10y keeps grinding: 5.240%, another 13bp since Thursday. bitcoin:native $83,983 +1.3%, $ETH $2,712 +2.6%. $31M into spot ETFs, an eighth straight day. Fear and greed 73. @OfficialApeXdex on X ↗
09-28 20:36BingXOtherCore PCE takes center stage Wednesday 👀 A cooler print could lift gold, while a hotter one may boost USD and pressure stocks. Trade $XAU on BingX TradFi 👇 @BingXOfficial on X ↗