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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0108%/8h= −11.8% APRnext payment $0.13 per $10,000 · paid last 24h −0.066%
Price spread now: Vest against Kraken Futures+0.820%7-day average +0.926% · 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)−0.133%−$13 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.820%, 7d avg +0.926%
Together, before fees−0.134%+ Points / potential airdropVest: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.106% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.926%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XAUUSD4,320.20.0153pay 0.0019% / 1h52m 05s$588K$130K25x
ShortVest GC-PERP4,355.60.0046get 0.0006% / 1h52m 05s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Kraken Futures. 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
−$22.64
Price spread: +0.820% → +0.926%
−$10.58
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$45.22
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 56 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 Kraken Futures live order book, 56 min ago2.90 bp8.7 bp −$915.9 bp −$159doesn't fitdoesn'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
Bluefin GOLD-PERP−0.0032%1h4,316.5−0.085%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,326.9+0.154%$92K$8.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,318.4−0.041%$270K250xas long as short
Bybit XAUUSDT+0.0007%4h4,322.4+0.051%$77.8M$156.9M150xas long as short
Extended XAU-USD+0.0032%1h4,318.7−0.034%$13.1M$36.7M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,320−0.004%$32K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.700%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,322.8+0.061%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,323+0.065%$5.4M$2.1M20xas long as short
Vest GC-PERPshort+0.0046%1h4,355.6+0.820%$1.0M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,319.6−0.014%$291.5M$51.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,319.3−0.020%$15.0M$55.9M25xas long as short
Lighter XAU+0.0056%1h4,322+0.043%$20.3M$30.1M25xas long as short
Kalshi KXGOLDPERP+0.0069%24h4,324.7+0.105%$3.9M$42.9M15xas long as short
Paradex XAU-USD-PERP+0.0072%8h4,323.1+0.067%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,320.4+0.005%$2.1M$4.9M25xas long as short
GRVT XAU_USDT_Perp+0.0076%4h4,323.4+0.074%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0080%4h4,325+0.111%$275.9M$406.5M100xas long as short
Aster XAUUSD1+0.0080%4h4,323.5+0.076%$72.3M$315.2M20xas long as short
Variational Omni XAU+0.0089%4h4,326.3+0.142%$47.1M$29.2Mas long as short
MEXC XAU_USDT+0.0098%4h4,322.9+0.064%$363.4M$324.6M1000xas long as short
Binance XAUUSDT+0.0099%4h4,322+0.043%$413.3M$2.13B100xas long as short
Phoenix GOLD+0.0100%1h4,324.8+0.107%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,319.6−0.013%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,322.3+0.050%$272K$208K50xas long as short
Lighter RH XAU+0.0104%1h4,324.5+0.101%$19.8M$38.3M25xas long as short
Aevo XAU-PERP+0.0104%1h4,321.9+0.041%$160K$8710xas long as short
edgeX XAUUSDC+0.0105%4h4,321.6+0.033%$30.1M$60.6M50xas long as short
Kraken Futures PF_XAUUSDlong+0.0153%1h4,320.2long leg$588K$130K25x
RISEx XAU/USDC+0.0184%1h4,324.5+0.100%$4.2M$12.8M25xas long as short
Bullet GOLD-USD+0.0200%1h4,323.2+0.070%$59K$81K10xas long as short
HTX XAU-USDT+0.0211%4h4,326.2+0.140%$2.8M$4.9M75xas long as short
Polymarket Perps GOLD-USD+0.0215%1h4,323.3+0.072%$4.2M$1.9M20xas long as short
Bitget XAUUSDT+0.0236%4h4,323.1+0.068%$68.0M$119.2M100xas long as short
OKX XAU-USDT-SWAP+0.0316%8h4,322.3+0.049%$170.1M$296.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0329%1h4,321.8+0.037%$193K$830K25xas long as short
BloFin XAU-USDT+0.0339%4h4,323.3+0.071%$16.1M$4.4M100xas long as short
Phemex XAUUSDT+0.0400%4h4,326.8+0.153%$2.2M$961K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0463% / S −0.0307%1h4,322.6+0.057%$252K111xas long as short