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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h −0.021%
Price spread now: gTrade (Gains Network) against Paradex−0.056%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.056% cheaper against Paradex than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XAU-USD-PERP4,349.80.0070pay 0.0070% / 8h2h 48m$19K$5K5x
ShortgTrade (Gains Network) XAU/USD4,347.4L +0.0002% / S −0.0003%get 0.0000% / 1h48m 08s$272K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Paradex. 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
−$14.1
Price spread: −0.056% → 0.000%
−$5.62
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$30.72
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 31 min ago. 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 Paradex no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 31 min ago130.01 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn't fit
Paradex: 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−0.0060%1h4,344.8−0.115%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,354.6+0.110%$93K$8.5M20xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,347.4−0.056%$272K250x
Extended XAU-USD+0.0032%1h4,347.1−0.063%$13.2M$37.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.014%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,351.3+0.035%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,347.5−0.053%$5.5M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,383.4+0.773%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,347.7−0.048%$293.7M$49.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,347−0.064%$15.1M$56.7M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx XAU/USDC+0.0054%1h4,350.9+0.026%$3.7M$12.6M25xas long as short
Kalshi KXGOLDPERP+0.0054%24h4,348.5−0.030%$4.2M$39.4M15xas long as short
Lighter XAU+0.0056%1h4,350.1+0.006%$20.7M$30.3M25xas long as short
Bybit XAUUSDT+0.0066%4h4,351.5+0.038%$80.2M$151.7M150xas long as short
Paradex XAU-USD-PERPlong+0.0070%8h4,349.8long leg$19K$5K5x
Coinbase International GOLD-PERP-INTX+0.0072%1h4,346.9−0.067%$2.1M$4.7M25xas long as short
Hotstuff GOLD-PERP+0.0080%1h4,346.6−0.073%$33K25xas long as short
Gate XAU_USDT+0.0080%4h4,352.4+0.060%$272.0M$397.1M100xas long as short
Pacifica XAU+0.0100%1h4,346.1−0.086%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,346.9−0.066%$277K$204K50xas long as short
Aster XAUUSD1+0.0107%4h4,352.6+0.064%$71.6M$331.2M20xas long as short
Variational Omni XAU+0.0108%4h4,349.5−0.007%$48.5M$27.6Mas long as short
Lighter RH XAU+0.0112%1h4,352.5+0.062%$20.1M$38.1M25xas long as short
Aevo XAU-PERP+0.0112%1h4,349.9+0.003%$161K$8710xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0118%1h4,349.6−0.004%$203K$822K25xas long as short
MEXC XAU_USDT+0.0118%4h4,350.9+0.026%$370.5M$317.7M1000xas long as short
Binance XAUUSDT+0.0119%4h4,350.5+0.015%$419.5M$2.09B100xas long as short
GRVT XAU_USDT_Perp+0.0124%4h4,350+0.006%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0127%1h4,347.7−0.048%$47K$77K25xas long as short
edgeX XAUUSDC+0.0127%4h4,342.6−0.166%$30.2M$58.0M50xas long as short
Bullet GOLD-USD+0.0160%1h4,350.6+0.019%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0170%1h4,350.6+0.019%$4.3M$2.0M20xas long as short
Phemex XAUUSDT+0.0204%4h4,352.9+0.072%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0246%1h4,347.5−0.052%$591K$128K25xas long as short
Bitget XAUUSDT+0.0278%4h4,351.5+0.038%$71.5M$108.0M100xas long as short
HTX XAU-USDT+0.0283%4h4,351.8+0.046%$2.8M$4.6M75xas long as short
OKX XAU-USDT-SWAP+0.0335%8h4,351.5+0.039%$168.1M$282.3M100xas long as short
BloFin XAU-USDT+0.0372%4h4,349.2−0.013%$15.8M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,351+0.027%$251K111xas long as short