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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: Vest against Injective+1.137%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 1.137% dearer against Injective than usual: you sell high and buy low: +$114 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% / 1h4m 52s$619$5452x
ShortVest GC-PERP4,399.90.0046get 0.0006% / 1h4m 52s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$2.59
Price spread: +1.137% → 0.000%
$113.74
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Vest: 1 bp × 2 orders
−$2
Net
$114.31
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Injective: 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 Injective no order-book sample
Sell Vest no order-book sample
Injective 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
Kraken Futures PF_XAUUSD−0.0174%1h4,362.6+0.279%$602K$139K25xas long as short
Aster XAUUSD10.0000%4h4,366.5+0.370%$71.5M$233.3M20xas long as short
Binance XAUUSDT0.0000%4h4,365.5+0.346%$409.8M$2.09B100xas long as short
Bybit XAUUSDT0.0000%4h4,366.7+0.374%$82.9M$141.8M150xas long as short
RISEx XAU/USDC0.0000%1h4,364.9+0.334%$3.4M$12.4M25xas long as short
Gate XAU_USDT0.0000%4h4,366.7+0.373%$269.3M$412.2M100xas long as short
MEXC XAU_USDT0.0000%4h4,365.2+0.340%$377.2M$354.6M1000xas long as short
Bitget XAUUSDT0.0000%4h4,365.6+0.349%$67.4M$110.1M100xas long as short
Variational Omni XAU0.0000%4h4,364.1+0.316%$48.5M$31.2Mas long as short
GRVT XAU_USDT_Perp0.0000%4h4,362.8+0.284%$1.4M$3.1M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP0.0000%24h4,363.3+0.296%$4.0M$34.6M15xas long as short
SunX XAU-USDT0.0000%4h4,369.2+0.432%$93K$10.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,362.2+0.270%$268K250xas long as short
QFEX GOLD-USD+0.0002%1h4,363.4+0.298%$5.6M$1.7M20xas long as short
edgeX XAUUSDC+0.0011%4h4,358.9+0.196%$30.3M$58.0M50xas long as short
tradeXYZ xyz:GOLD+0.0017%1h4,360.9+0.241%$293.4M$52.7M25xas long as short
Lighter XAU+0.0032%1h4,365+0.336%$20.9M$44.7M25xas long as short
Lighter RH XAU+0.0032%1h4,367.3+0.388%$20.3M$42.2M25xas long as short
Extended XAU-USD+0.0032%1h4,362.3+0.274%$13.1M$46.3M25xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
StandX XAU-USD+0.0040%1h4,363.6+0.303%$3.8M$4.7M40xas long as short
Vest GC-PERPshort+0.0046%1h4,399.9+1.137%$1.0M25x
Polymarket Perps GOLD-USD+0.0050%1h4,363+0.289%$4.3M$1.7M20xas long as short
Paradex XAU-USD-PERP+0.0050%8h4,364.7+0.329%$19K$6K5xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,361.5+0.254%$14.4M$55.6M25xas long as short
Hotstuff GOLD-PERP+0.0080%1h4,360.5+0.232%$33K25xas long as short
Aevo XAU-PERP+0.0080%1h4,364.2+0.317%$162K$8710xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0094%1h4,364.1+0.314%$235K$734K25xas long as short
Bullet GOLD-USD+0.0098%1h4,365.1+0.337%$60K$85K10xas long as short
Pacifica XAU+0.0100%1h4,361.9+0.264%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,361.6+0.258%$274K$199K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,357.4+0.160%$26K$21K20xas long as short
Phoenix GOLD+0.0109%1h4,361.7+0.259%$48K$65K25xas long as short
HTX XAU-USDT+0.0109%4h4,368.1+0.407%$2.8M$3.8M75xas long as short
OKX XAU-USDT-SWAP+0.0157%8h4,366.7+0.374%$158.3M$270.1M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0208%1h4,360.9+0.241%$2.0M$5.1M25xas long as short
BloFin XAU-USDT+0.0240%4h4,365+0.336%$14.8M$4.3M100xas long as short
Phemex XAUUSDT+0.0275%4h4,365.1+0.337%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,365+0.336%$252K111xas long as short