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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.024%
Price spread now: Aevo against Injective+0.323%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.323% dearer against Injective than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h35m 27s$619$5452x
ShortAevo XAU-PERP4,364.50.0080get 0.0010% / 1h35m 27s$162K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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
$9.8
Price spread: +0.323% → 0.000%
$32.26
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
$26.04
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aevo: live order book, 38 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 Injective no order-book sample
Sell Aevo live order book, 38 min ago5.30 bp14.9 bp −$1527.8 bp −$278doesn't fitdoesn't fit
Injective: 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
Aster XAUUSD10.0000%4h4,365.8+0.354%$71.1M$201.0M20xas long as short
Gate XAU_USDT0.0000%4h4,366.2+0.364%$265.5M$413.6M100xas long as short
Variational Omni XAU0.0000%4h4,365.3+0.343%$48.6M$27.5Mas long as short
Kalshi KXGOLDPERP0.0000%24h4,362.1+0.268%$4.0M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,369.4+0.437%$93K$10.3M20xas long as short
MEXC XAU_USDT+0.0002%4h4,365.2+0.340%$373.8M$324.9M1000xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,361+0.244%$267K250xas long as short
edgeX XAUUSDC+0.0004%4h4,358.8+0.193%$30.3M$60.3M50xas long as short
Binance XAUUSDT+0.0005%4h4,365.3+0.342%$410.8M$2.15B100xas long as short
Hotstuff GOLD-PERP+0.0008%1h4,362.5+0.278%$33K25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XAUUSDT+0.0032%4h4,365.3+0.342%$69.6M$113.4M100xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
StandX XAU-USD+0.0040%1h4,364.2+0.317%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,364.8+0.331%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,399.3+1.124%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,365.4+0.345%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,362+0.266%$294.0M$52.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,360.4+0.229%$14.7M$57.2M25xas long as short
Phoenix GOLD+0.0055%1h4,362.9+0.287%$48K$64K25xas long as short
Lighter XAU+0.0072%1h4,364.2+0.317%$20.6M$43.9M25xas long as short
Bybit XAUUSDT+0.0076%4h4,366+0.358%$82.7M$143.6M150xas long as short
Paradex XAU-USD-PERP+0.0078%8h4,365.7+0.351%$19K$5K5xas long as short
Aevo XAU-PERPshort+0.0080%1h4,364.5+0.323%$162K$8710x
Lighter RH XAU+0.0096%1h4,367.8+0.399%$20.2M$40.9M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,360.4+0.229%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,361.7+0.259%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,360.4+0.230%$277K$204K50xas long as short
Polymarket Perps GOLD-USD+0.0129%1h4,364.4+0.321%$4.3M$1.8M20xas long as short
Extended XAU-USD+0.0136%1h4,361.1+0.246%$13.5M$44.0M25xas long as short
GRVT XAU_USDT_Perp+0.0158%4h4,364.1+0.315%$1.4M$3.1M25xas long as short
BloFin XAU-USDT+0.0160%4h4,364.9+0.332%$15.6M$4.6M100xas long as short
OKX XAU-USDT-SWAP+0.0187%8h4,366.8+0.377%$165.6M$286.7M100xas long as short
Bullet GOLD-USD+0.0211%1h4,365.8+0.353%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,362.4+0.275%$595K$150K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0231%1h4,363.8+0.308%$235K$656K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,365.3+0.342%$252K111xas long as short
Bluefin GOLD-PERP+0.0455%1h4,359.9+0.217%$26K$22K20xas long as short
HTX XAU-USDT+0.0674%4h4,369.5+0.438%$2.9M$3.9M75xas long as short
Phemex XAUUSDT+0.0684%4h4,367.3+0.388%$2.2M$1.1M100xas long as short