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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: StandX against Injective−0.380%50s7-day average · you buy dearer than you sell
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 airdropStandX: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.380% cheaper against Injective than usual: you would sell low and buy high, −$38 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h8m 00s$619$5452x
ShortStandX XAU-USD4,333.90.0040get 0.0005% / 1h8m 00s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$1.4
Price spread: −0.380% → 0.000%
−$37.97
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee StandX: 4 bp × 2 orders
−$8
Net
−$44.59
Costs to cover
0.080%
Break-even
230.0 days
Slippage unknown: Injective: 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 Injective no order-book sample
Sell StandX live order book, 4 min ago2.77 bp7.9 bp −$88.2 bp −$8210.2 bp −$1,01911.6 bp −$5,806
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 exchanges

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−3.2000%1h4,329.2−0.488%$35K$3K25xas long as short
SunX XAU-USDT0.0000%4h4,335.5−0.342%$92K$5.7M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,327.9−0.518%$2.1M$5.0M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,328−0.517%$304K250xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
StandX XAU-USDshort+0.0040%1h4,333.9−0.380%$3.8M$4.5M40x
QFEX GOLD-USD+0.0041%1h4,330.7−0.453%$6.7M$3.2M20xas long as short
Aster XAUUSD1+0.0043%4h4,334−0.378%$71.8M$276.5M20xas long as short
Vest GC-PERP+0.0046%1h4,365.1+0.337%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,329.6−0.479%$292.7M$51.6M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,327−0.539%$15.2M$59.7M25xas long as short
Paradex XAU-USD-PERP+0.0056%8h4,331.5−0.436%$2K$13K5xas long as short
Bluefin GOLD-PERP+0.0057%1h4,325.8−0.565%$25K$1K20xas long as short
Variational Omni XAU+0.0069%4h4,329.8−0.475%$47.2M$28.4Mas long as short
Gate XAU_USDT+0.0078%4h4,334−0.377%$299.9M$451.5M100xas long as short
Lighter XAU+0.0080%1h4,331.4−0.437%$20.1M$30.6M25xas long as short
MEXC XAU_USDT+0.0084%4h4,332.1−0.422%$368.1M$357.9M1000xas long as short
Binance XAUUSDT+0.0085%4h4,332.6−0.409%$442.1M$2.43B100xas long as short
edgeX XAUUSDC+0.0085%4h4,330.4−0.461%$30.3M$66.4M50xas long as short
GRVT XAU_USDT_Perp+0.0092%4h4,331.1−0.443%$1.4M$3.1M25xas long as short
Pacifica XAU+0.0100%1h4,328.9−0.496%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,329.3−0.486%$287K$227K50xas long as short
Aevo XAU-PERP+0.0104%1h4,330.5−0.457%$160K$8710xas long as short
Lighter RH XAU+0.0120%1h4,334.2−0.372%$19.6M$40.4M25xas long as short
Phoenix GOLD+0.0127%1h4,331.5−0.435%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0144%24h4,332.8−0.405%$3.5M$51.5M15xas long as short
Bybit XAUUSDT+0.0154%4h4,334−0.378%$83.0M$167.3M150xas long as short
Polymarket Perps GOLD-USD+0.0157%1h4,331.8−0.428%$4.3M$1.7M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0166%1h4,329.8−0.474%$135K$662K25xas long as short
Phemex XAUUSDT+0.0178%4h4,334.8−0.360%$2.3M$777K100xas long as short
Bullet GOLD-USD+0.0178%1h4,332−0.422%$59K$77K10xas long as short
Extended XAU-USD+0.0192%1h4,328.5−0.505%$12.5M$34.3M25xas long as short
Bitget XAUUSDT+0.0200%4h4,332.3−0.417%$72.6M$139.8M100xas long as short
RISEx XAU/USDC+0.0205%1h4,332.2−0.419%$4.7M$13.3M25xas long as short
OKX XAU-USDT-SWAP+0.0231%8h4,333.3−0.394%$171.1M$362.1M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,329.1−0.489%$583K$166K25xas long as short
BloFin XAU-USDT+0.0325%4h4,332.8−0.405%$16.4M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0461% / S −0.0308%1h4,332.1−0.422%$253K111xas long as short
HTX XAU-USDT+0.1038%4h4,338.9−0.265%$3.2M$7.1M75xas long as short