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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%
Price spread now: edgeX against MEXC−0.099%53s7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$140.138% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 days+0.073%+$7 · spread now −0.099%, 7d avg −0.105%
Together, before fees+0.095%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.105%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAU_USDT4,323.10.0096pay 0.0048% / 4h1h 22m$362.1M$331.0M1000x
ShortedgeX XAUUSDC4,318.80.0108get 0.0054% / 4h1h 22m$30.0M$59.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$2.45
Price spread: −0.099% → −0.105%
$0.61
Slippage, 4 orders
−$0.76
Fee MEXC: 2 bp × 2 orders
−$4
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$10.71
Costs to cover
0.138%
Break-even
37.6 days
Slippage from MEXC: live order book, 1 min ago; edgeX: live order book, 1 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 −$22.2 bp −$228.0 bp −$80026.7 bp −$13.4K
Sell edgeX live order book, 1 min ago0.35 bp4.8 bp −$54.8 bp −$488.1 bp −$80736.8 bp −$18.4K

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−0.0064%1h4,316.8−0.145%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,326.6+0.082%$92K$7.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,318.3−0.109%$270K250xas long as short
Bybit XAUUSDT+0.0014%4h4,323.6+0.013%$77.3M$154.8M150xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.633%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,323.4+0.008%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,321.7−0.031%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,354.8+0.734%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,319.6−0.080%$291.5M$51.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,318−0.117%$15.0M$55.4M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAU+0.0064%1h4,321.8−0.029%$20.3M$30.6M25xas long as short
Aster XAUUSD1+0.0067%4h4,324.7+0.038%$72.5M$275.9M20xas long as short
Hotstuff GOLD-PERP+0.0072%1h4,318.6−0.103%$32K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,319.4−0.084%$2.1M$4.9M25xas long as short
Paradex XAU-USD-PERP+0.0076%8h4,321.6−0.034%$2K$13K5xas long as short
Kalshi KXGOLDPERP+0.0078%24h4,324.1+0.024%$3.8M$43.7M15xas long as short
GRVT XAU_USDT_Perp+0.0082%4h4,323.1+0.001%$1.4M$3.0M25xas long as short
Extended XAU-USD+0.0088%1h4,318.7−0.100%$12.9M$37.0M25xas long as short
Variational Omni XAU+0.0090%4h4,322.1−0.021%$47.3M$28.9Mas long as short
MEXC XAU_USDTlong+0.0096%4h4,323.1long leg$362.1M$331.0M1000x
Binance XAUUSDT+0.0098%4h4,322.4−0.015%$417.1M$2.12B100xas long as short
Phoenix GOLD+0.0100%1h4,319.6−0.080%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,319.4−0.085%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,319.8−0.074%$272K$208K50xas long as short
Aevo XAU-PERP+0.0104%1h4,321.9−0.027%$160K$8710xas long as short
edgeX XAUUSDCshort+0.0108%4h4,318.8−0.099%$30.0M$59.5M50x
Lighter RH XAU+0.0112%1h4,324.5+0.034%$19.9M$38.9M25xas long as short
Gate XAU_USDT+0.0112%4h4,323.9+0.020%$280.8M$419.2M100xas long as short
Kraken Futures PF_XAUUSD+0.0154%1h4,319.7−0.078%$584K$135K25xas long as short
Bullet GOLD-USD+0.0180%1h4,322.6−0.010%$59K$82K10xas long as short
RISEx XAU/USDC+0.0184%1h4,324.9+0.043%$4.1M$12.9M25xas long as short
Polymarket Perps GOLD-USD+0.0210%1h4,322.6−0.010%$4.3M$1.9M20xas long as short
Bitget XAUUSDT+0.0222%4h4,322.5−0.012%$67.7M$118.0M100xas long as short
HTX XAU-USDT+0.0262%4h4,326.4+0.077%$2.8M$4.9M75xas long as short
OKX XAU-USDT-SWAP+0.0303%8h4,323.1+0.001%$171.9M$298.5M100xas long as short
Phemex XAUUSDT+0.0326%4h4,325.4+0.053%$2.2M$967K100xas long as short
BloFin XAU-USDT+0.0337%4h4,322.7−0.009%$16.2M$4.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0352%1h4,321.5−0.036%$191K$836K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,322.6−0.010%$252K111xas long as short