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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0261%/8h= −28.6% APRpaid last 24h −0.050%
Price spread now: Injective against OKX−0.006%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XAU-USDT-SWAP4,350.70.0294pay 0.0294% / 8h4h 17m$165.5M$282.5M100x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h17m 17s$619$5452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against OKX. 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
−$54.77
Price spread: −0.006% → 0.000%
−$0.64
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$65.44
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Injective: 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 OKX live order book, 2 min ago0.12 bp5.1 bp −$55.1 bp −$516.3 bp −$62615.0 bp −$7,477
Sell Injective no order-book sample
Injective: 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
RISEx XAU/USDC0.0000%1h4,349.2−0.036%$3.4M$12.2M25xas long as short
Gate XAU_USDT0.0000%4h4,350.4−0.006%$265.1M$416.1M100xas long as short
SunX XAU-USDT0.0000%4h4,353.8+0.071%$93K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,345.4−0.121%$272K250xas long as short
Hotstuff GOLD-PERP+0.0008%1h4,346.5−0.097%$33K25xas long as short
Lighter XAU+0.0032%1h4,348.1−0.060%$20.8M$38.2M25xas long as short
Extended XAU-USD+0.0032%1h4,345.4−0.121%$13.2M$38.3M25xas long as short
Injective XAU/USDC PERPshort+0.0033%1h4,350.4−0.006%$619$5452x
Lighter RH XAU+0.0040%1h4,350.3−0.009%$20.1M$39.3M25xas long as short
StandX XAU-USD+0.0040%1h4,349.9−0.018%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0041%1h4,348.7−0.046%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,382.5+0.731%$1.0M25xas long as short
Kalshi KXGOLDPERP+0.0047%24h4,348.1−0.060%$4.2M$37.3M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,346.5−0.097%$2.0M$4.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,346.6−0.094%$293.9M$48.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,345.7−0.115%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0060%4h4,350−0.017%$71.2M$333.1M20xas long as short
Variational Omni XAU+0.0077%4h4,349.2−0.034%$48.5M$28.0Mas long as short
Paradex XAU-USD-PERP+0.0080%8h4,349−0.038%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0088%4h4,351.1+0.010%$1.4M$2.9M25xas long as short
Binance XAUUSDT+0.0089%4h4,349.5−0.028%$413.7M$2.09B100xas long as short
MEXC XAU_USDT+0.0090%4h4,349.6−0.026%$372.1M$318.7M1000xas long as short
Pacifica XAU+0.0100%1h4,346−0.108%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,348.9−0.042%$275K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,344.3−0.146%$25K$14K20xas long as short
Aevo XAU-PERP+0.0104%1h4,348.8−0.044%$161K$8710xas long as short
edgeX XAUUSDC+0.0105%4h4,346.9−0.087%$30.3M$58.2M50xas long as short
Phoenix GOLD+0.0142%1h4,349−0.039%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0157%1h4,349.2−0.034%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0186%1h4,349.5−0.028%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,346.6−0.093%$593K$132K25xas long as short
Phemex XAUUSDT+0.0215%4h4,352.2+0.034%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0232%4h4,349.7−0.022%$70.0M$109.3M100xas long as short
Bybit XAUUSDT+0.0240%4h4,350.7+0.001%$85.3M$145.1M150xas long as short
OKX XAU-USDT-SWAPlong+0.0294%8h4,350.7long leg$165.5M$282.5M100x
Deribit GOLD_USDC-PERPETUAL+0.0302%1h4,348.2−0.057%$206K$824K25xas long as short
BloFin XAU-USDT+0.0331%4h4,351.1+0.009%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0417% / S −0.0237%1h4,349.6−0.026%$248K111xas long as short
HTX XAU-USDT+0.0623%4h4,354.6+0.089%$2.9M$4.3M75xas long as short