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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0055%/8h= −6.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.008%
Price spread now: Aster against MEXC+0.034%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$120.121% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 7 days−0.027%−$3 · spread now +0.034%, 7d avg +0.004%
Together, before fees−0.052%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.030% dearer against MEXC than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of +0.004%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.025% in total) that is about 8.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAU_USDT4,326.50.0114pay 0.0057% / 4h2h 55m$352.9M$348.0M1000x
ShortAster XAUUSD14,3280.0059get 0.0029% / 4h2h 55m$74.4M$273.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
−$11.62
Price spread: +0.034% → +0.004%
$2.98
Slippage, 4 orders
−$0.09
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.73
Costs to cover
0.121%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago0.04 bp2.0 bp −$22.0 bp −$205.3 bp −$52924.4 bp −$12.2K
Sell Aster live order book, 3 min ago0.01 bp4.0 bp −$44.7 bp −$4757.4 bp −$5,739doesn't fit

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
SunX XAU-USDT0.0000%4h4,331.3+0.110%$92K$6.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.7+0.096%$275K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,325.1−0.033%$2.0M$5.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.552%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,326.9+0.009%$6.6M$3.0M20xas long as short
StandX XAU-USD+0.0040%1h4,332.7+0.143%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,360.5+0.785%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,326.2−0.007%$32K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,324.1−0.056%$292.1M$55.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,323.6−0.067%$15.1M$57.4M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx XAU/USDC+0.0056%1h4,329+0.057%$4.6M$13.6M25xas long as short
Paradex XAU-USD-PERP+0.0058%8h4,327+0.010%$2K$13K5xas long as short
Aster XAUUSD1short+0.0059%4h4,328+0.034%$74.4M$273.1M20x
Extended XAU-USD+0.0088%1h4,322.8−0.087%$12.7M$35.7M25xas long as short
Variational Omni XAU+0.0094%4h4,326.7+0.004%$47.1M$29.9Mas long as short
Phoenix GOLD+0.0095%1h4,333.5+0.161%$43K$67K25xas long as short
Lighter RH XAU+0.0096%1h4,329.2+0.063%$19.8M$38.5M25xas long as short
Pacifica XAU+0.0100%1h4,323.7−0.065%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,330+0.080%$284K$232K50xas long as short
Lighter XAU+0.0104%1h4,326.50.000%$20.2M$29.3M25xas long as short
Gate XAU_USDT+0.0104%4h4,328.4+0.043%$302.8M$429.4M100xas long as short
Aevo XAU-PERP+0.0112%1h4,327.2+0.016%$160K$8710xas long as short
MEXC XAU_USDTlong+0.0114%4h4,326.5long leg$352.9M$348.0M1000x
Binance XAUUSDT+0.0115%4h4,326.1−0.010%$435.5M$2.36B100xas long as short
Kalshi KXGOLDPERP+0.0121%24h4,329.2+0.062%$3.5M$48.6M15xas long as short
edgeX XAUUSDC+0.0127%4h4,330.2+0.084%$30.3M$64.9M50xas long as short
GRVT XAU_USDT_Perp+0.0132%4h4,331.1+0.107%$1.4M$3.0M25xas long as short
Polymarket Perps GOLD-USD+0.0132%1h4,327+0.011%$4.3M$1.7M20xas long as short
Bybit XAUUSDT+0.0140%4h4,327.4+0.021%$81.6M$170.1M150xas long as short
Bullet GOLD-USD+0.0188%1h4,327.8+0.029%$58K$77K10xas long as short
Bitget XAUUSDT+0.0196%4h4,326.8+0.006%$72.0M$132.8M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0236%1h4,325.7−0.019%$134K$782K25xas long as short
OKX XAU-USDT-SWAP+0.0244%8h4,326.9+0.009%$170.7M$355.9M100xas long as short
BloFin XAU-USDT+0.0355%4h4,329.7+0.073%$16.2M$5.5M100xas long as short
Phemex XAUUSDT+0.0395%4h4,331.6+0.117%$2.2M$961K100xas long as short
Kraken Futures PF_XAUUSD+0.0411%1h4,324.7−0.042%$582K$150K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0306%1h4,327.8+0.029%$252K111xas long as short
HTX XAU-USDT+0.1112%4h4,334.7+0.188%$3.2M$7.0M75xas long as short
Bluefin GOLD-PERP+0.5954%1h4,323.3−0.074%$25K$1K20xas long as short