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+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.003%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.141% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.003%, 7d avg +0.006%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAU_USDT4,309.70.0112pay 0.0056% / 4h3h 22m$360.5M$346.6M1000x
ShortBinance XAUUSDT4,309.50.0119get 0.0060% / 4h3h 22m$437.1M$2.26B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$1.48
Price spread: −0.003% → +0.006%
−$0.88
Slippage, 4 orders
−$0.09
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$13.49
Costs to cover
0.141%
Break-even
70.7 days
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 7 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, 2 min ago0.04 bp2.0 bp −$22.0 bp −$202.3 bp −$23016.7 bp −$8,369
Sell Binance live order book, 7 min ago0.01 bp5.0 bp −$55.0 bp −$507.1 bp −$71311.5 bp −$5,773

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%4h4,313.5+0.090%$92K$6.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,305.5−0.095%$273K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.946%$619$5452xas long as short
Vest GC-PERP+0.0046%1h4,340.1+0.707%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,308.3−0.031%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,306−0.085%$290.8M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,305.5−0.096%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,305.1−0.106%$15.0M$55.9M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,300.9−0.203%$2.0M$5.1M25xas long as short
Aster XAUUSD1+0.0058%4h4,308.9−0.016%$73.5M$271.4M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0058%1h4,302.9−0.157%$3.8M$4.5M40xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,308.9−0.017%$2K$13K5xas long as short
Lighter XAU+0.0080%1h4,308.7−0.022%$20.2M$29.6M25xas long as short
Phoenix GOLD+0.0095%1h4,298.2−0.266%$42K$86K25xas long as short
Variational Omni XAU+0.0095%4h4,295.8−0.322%$46.6M$29.4Mas long as short
Extended XAU-USD+0.0096%1h4,305.5−0.096%$12.9M$36.1M25xas long as short
Pacifica XAU+0.0100%1h4,305.2−0.102%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,297.8−0.275%$273K$219K50xas long as short
Lighter RH XAU+0.0104%1h4,311.2+0.036%$19.8M$40.5M25xas long as short
Bybit XAUUSDT+0.0111%4h4,310.8+0.026%$78.0M$160.0M150xas long as short
MEXC XAU_USDTlong+0.0112%4h4,309.7long leg$360.5M$346.6M1000x
Aevo XAU-PERP+0.0112%1h4,307−0.061%$160K$8710xas long as short
Kalshi KXGOLDPERP+0.0113%24h4,310.2+0.013%$3.6M$47.1M15xas long as short
edgeX XAUUSDC+0.0118%4h4,294.8−0.344%$29.9M$62.3M50xas long as short
Binance XAUUSDTshort+0.0119%4h4,309.5−0.003%$437.1M$2.26B100x
RISEx XAU/USDC+0.0126%1h4,308.8−0.020%$4.5M$13.4M25xas long as short
Hotstuff GOLD-PERP+0.0136%1h4,302.9−0.157%$32K25xas long as short
GRVT XAU_USDT_Perp+0.0142%4h4,299.3−0.240%$1.4M$3.1M25xas long as short
Gate XAU_USDT+0.0180%4h4,311.9+0.052%$302.1M$435.8M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0191%1h4,308.5−0.027%$133K$853K25xas long as short
Bullet GOLD-USD+0.0197%1h4,309.5−0.003%$58K$77K10xas long as short
Bitget XAUUSDT+0.0198%4h4,309.9+0.005%$70.1M$127.3M100xas long as short
OKX XAU-USDT-SWAP+0.0250%8h4,310.4+0.017%$170.5M$341.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,307.4−0.051%$573K$139K25xas long as short
BloFin XAU-USDT+0.0412%4h4,305.5−0.096%$16.3M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0464% / S −0.0312%1h4,305.8−0.089%$254K111xas long as short
Phemex XAUUSDT+0.0547%4h4,312.5+0.067%$2.2M$987K100xas long as short
HTX XAU-USDT+0.1185%4h4,313.5+0.089%$3.2M$6.8M75xas long as short
Bluefin GOLD-PERP+0.2566%1h4,303.2−0.151%$25K$1K20xas long as short