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+0.0224%/8h= +24.5% APRnext payment +$2.24 per $10,000 · paid last 24h +0.041%
Price spread now: OKX against Paradex+0.042%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.042% dearer against Paradex than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XAU-USD-PERP4,322.70.0078pay 0.0078% / 8h1h 16m$2K$14K5x
ShortOKX XAU-USDT-SWAP4,324.50.0301get 0.0301% / 8h1h 16m$172.6M$299.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$46.96
Price spread: +0.042% → 0.000%
$4.21
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
$37.17
Costs to cover
0.140%
Break-even
1.5 days
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago0.12 bp5.1 bp −$55.1 bp −$516.5 bp −$65311.7 bp −$5,853
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−0.0066%1h4,317−0.131%$25K$1K20xas long as short
Hotstuff GOLD-PERP−0.0024%1h4,319.5−0.074%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,327.8+0.118%$92K$7.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,319.9−0.065%$270K250xas long as short
Bybit XAUUSDT+0.0022%4h4,324.2+0.035%$77.3M$154.4M150xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.642%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,323.4+0.017%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,322−0.016%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,356+0.771%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,319.5−0.074%$291.5M$51.3M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,319.1−0.082%$15.0M$55.5M25xas long as short
Aster XAUUSD1+0.0064%4h4,325.7+0.069%$72.5M$274.4M20xas long as short
Lighter XAU+0.0072%1h4,322.4−0.007%$20.3M$30.7M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,319.1−0.083%$2.1M$4.9M25xas long as short
Paradex XAU-USD-PERPlong+0.0078%8h4,322.7long leg$2K$14K5x
Kalshi KXGOLDPERP+0.0079%24h4,325.5+0.065%$3.8M$43.9M15xas long as short
GRVT XAU_USDT_Perp+0.0090%4h4,323.2+0.012%$1.4M$3.0M25xas long as short
Variational Omni XAU+0.0093%4h4,322.6−0.002%$47.3M$28.8Mas long as short
Phoenix GOLD+0.0100%1h4,321.6−0.025%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,319.8−0.067%$1.4M$1.2M10xas long as short
MEXC XAU_USDT+0.0100%4h4,323.6+0.021%$373.2M$333.1M1000xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,319.8−0.067%$272K$208K50xas long as short
Binance XAUUSDT+0.0100%4h4,323.5+0.019%$423.2M$2.14B100xas long as short
Aevo XAU-PERP+0.0104%1h4,323.2+0.012%$160K$8710xas long as short
edgeX XAUUSDC+0.0111%4h4,317.6−0.117%$30.0M$60.0M50xas long as short
Lighter RH XAU+0.0112%1h4,324.8+0.049%$20.0M$39.2M25xas long as short
Gate XAU_USDT+0.0118%4h4,325.4+0.064%$281.8M$421.9M100xas long as short
Extended XAU-USD+0.0120%1h4,319.3−0.079%$12.9M$37.0M25xas long as short
Kraken Futures PF_XAUUSD+0.0153%1h4,321.3−0.033%$578K$146K25xas long as short
RISEx XAU/USDC+0.0184%1h4,325.9+0.075%$4.1M$12.8M25xas long as short
Bullet GOLD-USD+0.0185%1h4,324+0.030%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0214%1h4,323.8+0.026%$4.3M$1.9M20xas long as short
Bitget XAUUSDT+0.0220%4h4,323.3+0.013%$67.6M$118.3M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0259%1h4,322.3−0.009%$191K$838K25xas long as short
HTX XAU-USDT+0.0269%4h4,327.7+0.115%$3.0M$5.4M75xas long as short
OKX XAU-USDT-SWAPshort+0.0301%8h4,324.5+0.042%$172.6M$299.5M100x
Phemex XAUUSDT+0.0323%4h4,325.6+0.067%$2.2M$967K100xas long as short
BloFin XAU-USDT+0.0340%4h4,323.9+0.028%$16.2M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0461% / S −0.0307%1h4,323.9+0.028%$253K111xas long as short