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−0.0026%/8h= −2.9% APRnext payment $0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Vest against Hotstuff+0.756%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 · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.756% dearer against Hotstuff than usual: you sell high and buy low (spread +0.756% now, against zero (this spread has no 7-day history yet)): +$76 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,3000.0072pay 0.0009% / 1h28m 08s$32K25x
ShortVest GC-PERP4,332.50.0046get 0.0006% / 1h28m 08s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$5.53
Price spread: +0.756% → 0.000%
$75.58
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$63.05
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Vest no order-book sample
Hotstuff and 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%4h4,303.2+0.075%$91K$6.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,295.1−0.114%$272K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.173%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,304.4+0.102%$3.8M$4.5M40xas long as short
Vest GC-PERPshort+0.0046%1h4,332.5+0.756%$1.0M25x
QFEX GOLD-USD+0.0046%1h4,299.3−0.016%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,296.2−0.088%$290.3M$54.7M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,295.8−0.098%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,295.5−0.105%$15.0M$55.8M25xas long as short
Aster XAUUSD1+0.0055%4h4,300.6+0.015%$73.3M$271.4M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOLD-PERP-INTX+0.0056%1h4,295.9−0.095%$2.0M$5.1M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,301.6+0.036%$2K$13K5xas long as short
Hotstuff GOLD-PERPlong+0.0072%1h4,300long leg$32K25x
Lighter XAU+0.0080%1h4,298.1−0.045%$20.2M$29.2M25xas long as short
Extended XAU-USD+0.0080%1h4,295.9−0.096%$13.0M$36.3M25xas long as short
Variational Omni XAU+0.0092%4h4,306.3+0.147%$46.7M$29.2Mas long as short
Phoenix GOLD+0.0095%1h4,306.2+0.144%$42K$86K25xas long as short
Bybit XAUUSDT+0.0097%4h4,300.8+0.019%$77.6M$159.1M150xas long as short
Pacifica XAU+0.0100%1h4,297.6−0.056%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,303.5+0.080%$275K$218K50xas long as short
MEXC XAU_USDT+0.0108%4h4,298.9−0.025%$362.5M$342.3M1000xas long as short
Binance XAUUSDT+0.0109%4h4,299.8−0.004%$435.3M$2.24B100xas long as short
Kalshi KXGOLDPERP+0.0111%24h4,301+0.023%$3.6M$46.8M15xas long as short
Lighter RH XAU+0.0112%1h4,301+0.023%$19.7M$40.3M25xas long as short
Aevo XAU-PERP+0.0112%1h4,299.7−0.008%$159K$8710xas long as short
edgeX XAUUSDC+0.0121%4h4,304+0.093%$30.0M$62.0M50xas long as short
RISEx XAU/USDC+0.0126%1h4,299.6−0.008%$4.4M$13.1M25xas long as short
GRVT XAU_USDT_Perp+0.0132%4h4,306+0.139%$1.4M$3.1M25xas long as short
Gate XAU_USDT+0.0152%4h4,301.6+0.036%$297.7M$430.9M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0192%1h4,298−0.047%$133K$851K25xas long as short
Bitget XAUUSDT+0.0196%4h4,299.8−0.005%$70.5M$126.3M100xas long as short
Bullet GOLD-USD+0.0198%1h4,299.4−0.014%$58K$81K10xas long as short
OKX XAU-USDT-SWAP+0.0250%8h4,300.9+0.021%$170.1M$335.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0329%1h4,296.1−0.090%$572K$139K25xas long as short
BloFin XAU-USDT+0.0391%4h4,305.5+0.129%$16.3M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0313%1h4,299.1−0.020%$254K111xas long as short
Phemex XAUUSDT+0.0656%4h4,303.6+0.083%$2.2M$956K100xas long as short
HTX XAU-USDT+0.1140%4h4,305.8+0.134%$3.2M$6.8M75xas long as short
Bluefin GOLD-PERP+0.3247%1h4,293.8−0.144%$25K$1K20xas long as short