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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0544%/8h= −59.6% APRpaid last 24h −0.046%
Price spread now: Vest against HTX+0.599%46s7-day average +0.813% · 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 3 days (all we have)−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.599%, 7d avg +0.813%
Together, before fees+0.030%+ Points / potential airdropVest: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Vest is 0.215% cheaper against HTX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.813%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.014% in total (about -1.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAU-USDT4,352.40.0590pay 0.0295% / 4h1h 04m$2.9M$4.2M75x
ShortVest GC-PERP4,378.50.0046get 0.0006% / 1h4m 27s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against HTX. 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
−$114.31
Price spread: +0.599% → +0.813%
−$21.46
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$149.77
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 4 min ago; 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 HTX live order book, 4 min ago0.01 bp7.4 bp −$78.8 bp −$8814.0 bp −$1,400doesn't fit
Sell Vest no order-book sample
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
Hotstuff GOLD-PERP−0.0064%1h4,343.5−0.205%$33K25xas long as short
SunX XAU-USDT0.0000%4h4,352−0.011%$92K$9.1M20xas long as short
Gate XAU_USDT+0.0002%4h4,348.1−0.100%$265.4M$417.6M100xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.5−0.206%$266K250xas long as short
RISEx XAU/USDC+0.0010%1h4,345.8−0.153%$3.4M$12.3M25xas long as short
Extended XAU-USD+0.0032%1h4,341.9−0.241%$13.4M$38.7M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.046%$619$5452xas long as short
Aster XAUUSD1+0.0040%4h4,345.9−0.151%$70.8M$334.0M20xas long as short
StandX XAU-USD+0.0040%1h4,348−0.102%$3.8M$4.6M40xas long as short
Kalshi KXGOLDPERP+0.0041%24h4,344.4−0.185%$4.1M$37.1M15xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERPshort+0.0046%1h4,378.5+0.599%$1.0M25x
QFEX GOLD-USD+0.0046%1h4,345.5−0.159%$5.7M$2.0M20xas long as short
Lighter XAU+0.0048%1h4,344.9−0.174%$20.6M$42.6M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,343−0.217%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,342.7−0.224%$293.7M$48.9M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,342.4−0.231%$15.1M$56.7M25xas long as short
GRVT XAU_USDT_Perp+0.0054%4h4,350.1−0.054%$1.4M$2.9M25xas long as short
Lighter RH XAU+0.0056%1h4,347.2−0.121%$20.1M$39.9M25xas long as short
Variational Omni XAU+0.0057%4h4,346−0.147%$48.5M$27.7Mas long as short
MEXC XAU_USDT+0.0074%4h4,345.3−0.164%$370.7M$320.6M1000xas long as short
Binance XAUUSDT+0.0075%4h4,345.2−0.167%$410.2M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0078%8h4,345.9−0.150%$19K$5K5xas long as short
edgeX XAUUSDC+0.0085%4h4,343.7−0.201%$30.2M$58.5M50xas long as short
Aevo XAU-PERP+0.0096%1h4,346.8−0.130%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,342.5−0.228%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,347−0.125%$275K$203K50xas long as short
Polymarket Perps GOLD-USD+0.0116%1h4,344.3−0.187%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,346−0.148%$47K$77K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0187%1h4,345.3−0.164%$254K$752K25xas long as short
Bullet GOLD-USD+0.0192%1h4,345.9−0.150%$60K$83K10xas long as short
Phemex XAUUSDT+0.0201%4h4,349.9−0.058%$2.2M$1.1M100xas long as short
Bybit XAUUSDT+0.0208%4h4,346.5−0.137%$84.3M$145.4M150xas long as short
Bitget XAUUSDT+0.0216%4h4,345.4−0.162%$70.2M$109.4M100xas long as short
OKX XAU-USDT-SWAP+0.0261%8h4,346.8−0.130%$165.3M$283.1M100xas long as short
Kraken Futures PF_XAUUSD+0.0270%1h4,344.7−0.177%$593K$133K25xas long as short
BloFin XAU-USDT+0.0297%4h4,347.2−0.121%$15.7M$4.6M100xas long as short
Bluefin GOLD-PERP+0.0403%1h4,342.3−0.233%$25K$14K20xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0405% / S −0.0220%1h4,347.4−0.115%$248K111xas long as short
HTX XAU-USDTlong+0.0590%4h4,352.4long leg$2.9M$4.2M75x