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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.07 per $10,000 · paid last 24h +0.003%
Price spread now: StandX against Hotstuff+0.229%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · StandX: Active · farm boardneeds both histories
The price spread pays, funding is against you. StandX is 0.229% dearer against Hotstuff than usual: you sell high and buy low (spread +0.229% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,325.60.0096pay 0.0012% / 1h30m 21s$32K25x
ShortStandX XAU-USD4,335.50.0040get 0.0005% / 1h30m 21s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Hotstuff. 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
−$11.76
Price spread: +0.229% → 0.000%
$22.89
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$1.87
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; StandX: live order book, 4 min ago. 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 Hotstuff no order-book sample
Sell StandX live order book, 4 min ago1.62 bp8.7 bp −$99.2 bp −$9211.0 bp −$1,10312.4 bp −$6,181
Hotstuff: 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%4h4,337.8+0.282%$92K$8.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,332.1+0.149%$271K250xas long as short
Bluefin GOLD-PERP+0.0015%1h4,327.8+0.051%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,332.9+0.170%$13.2M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.574%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,335.5+0.229%$3.8M$4.5M40x
QFEX GOLD-USD+0.0044%1h4,334.9+0.215%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,368.5+0.992%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,336+0.240%$20.7M$30.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,332.1+0.150%$292.5M$50.4M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,333.4+0.181%$15.0M$56.7M25xas long as short
RISEx XAU/USDC+0.0054%1h4,336.7+0.258%$3.7M$12.3M25xas long as short
Kalshi KXGOLDPERP+0.0057%24h4,335+0.217%$4.1M$40.3M15xas long as short
Gate XAU_USDT+0.0064%4h4,337.7+0.279%$273.5M$404.5M100xas long as short
Bybit XAUUSDT+0.0065%4h4,336.8+0.258%$79.1M$154.4M150xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,332.1+0.150%$2.1M$4.7M25xas long as short
Paradex XAU-USD-PERP+0.0072%8h4,336.7+0.256%$19K$5K5xas long as short
Lighter RH XAU+0.0088%1h4,338+0.286%$20.0M$38.6M25xas long as short
Hotstuff GOLD-PERPlong+0.0096%1h4,325.6long leg$32K25x
Pacifica XAU+0.0100%1h4,332.8+0.167%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,328.3+0.061%$275K$204K50xas long as short
Aster XAUUSD1+0.0111%4h4,337.2+0.268%$71.6M$331.6M20xas long as short
Variational Omni XAU+0.0111%4h4,333.1+0.174%$48.3M$27.5Mas long as short
Aevo XAU-PERP+0.0112%1h4,335.7+0.233%$161K$8710xas long as short
MEXC XAU_USDT+0.0120%4h4,336+0.241%$365.4M$322.1M1000xas long as short
Binance XAUUSDT+0.0121%4h4,335.9+0.239%$417.6M$2.14B100xas long as short
Phoenix GOLD+0.0127%1h4,333.4+0.180%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0132%4h4,332.3+0.156%$1.4M$2.9M25xas long as short
edgeX XAUUSDC+0.0138%4h4,329.7+0.096%$30.1M$58.7M50xas long as short
Bullet GOLD-USD+0.0161%1h4,335.7+0.234%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0171%1h4,336+0.240%$4.2M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0212%1h4,332.7+0.164%$202K$820K25xas long as short
Kraken Futures PF_XAUUSD+0.0247%1h4,331.2+0.128%$590K$130K25xas long as short
HTX XAU-USDT+0.0261%4h4,337.5+0.274%$2.8M$4.8M75xas long as short
Bitget XAUUSDT+0.0284%4h4,336.5+0.251%$72.7M$111.8M100xas long as short
OKX XAU-USDT-SWAP+0.0338%8h4,337.2+0.268%$169.8M$291.1M100xas long as short
Phemex XAUUSDT+0.0362%4h4,336.9+0.260%$2.2M$960K100xas long as short
BloFin XAU-USDT+0.0379%4h4,334.4+0.203%$15.9M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0451% / S −0.0286%1h4,336+0.241%$250K111xas long as short