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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Bullet against RISEx+0.020%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 3 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAU/USDC4,357.20.0135pay 0.0017% / 1h38m 59s$3.4M$12.4M25x
ShortBullet GOLD-USD4,358.10.0158get 0.0020% / 1h38m 59s$59K$83K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against RISEx. 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
$4.85
Price spread: +0.020% → 0.000%
$1.97
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$7.18
Costs to cover
0.140%
Break-even
17.4 days
Slippage unknown: RISEx: live order book, 5 min ago; Bullet: 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 RISEx live order book, 5 min ago0.39 bp3.4 bp −$33.7 bp −$3734.7 bp −$3,467doesn't fit
Sell Bullet no order-book sample
Bullet: 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−0.0325%1h4,350.7−0.148%$25K$14K20xas long as short
Hotstuff GOLD-PERP−0.0024%1h4,354.2−0.069%$33K25xas long as short
Aster XAUUSD10.0000%4h4,358.3+0.024%$69.7M$288.0M20xas long as short
Gate XAU_USDT0.0000%4h4,359.8+0.059%$263.2M$407.4M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,355.5−0.039%$4.1M$36.5M15xas long as short
SunX XAU-USDT0.0000%4h4,362.4+0.119%$93K$9.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,354.6−0.060%$270K250xas long as short
Extended XAU-USD+0.0032%1h4,353.8−0.077%$13.6M$43.0M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.156%$619$5452xas long as short
Lighter XAU+0.0040%1h4,357.2−0.001%$20.7M$43.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0040%1h4,357.7+0.011%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,391.2+0.780%$1.0M25xas long as short
Lighter RH XAU+0.0048%1h4,359.6+0.054%$20.1M$40.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,355.3−0.044%$294.1M$48.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,354.3−0.067%$15.0M$57.7M25xas long as short
QFEX GOLD-USD+0.0051%1h4,356.4−0.018%$5.6M$1.9M20xas long as short
Variational Omni XAU+0.0061%4h4,355.7−0.034%$48.3M$28.4Mas long as short
Polymarket Perps GOLD-USD+0.0061%1h4,356.8−0.009%$4.3M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,354.8−0.055%$2.0M$5.0M25xas long as short
MEXC XAU_USDT+0.0082%4h4,357.4+0.006%$372.4M$321.6M1000xas long as short
Binance XAUUSDT+0.0084%4h4,358+0.018%$409.6M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0084%8h4,357.2+0.001%$19K$5K5xas long as short
edgeX XAUUSDC+0.0098%4h4,351.9−0.121%$30.3M$60.4M50xas long as short
Pacifica XAU+0.0100%1h4,354.1−0.071%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,353.3−0.089%$275K$204K50xas long as short
Aevo XAU-PERP+0.0104%1h4,356.6−0.013%$161K$8710xas long as short
Phoenix GOLD+0.0121%1h4,354.7−0.057%$48K$64K25xas long as short
RISEx XAU/USDClong+0.0135%1h4,357.2long leg$3.4M$12.4M25x
GRVT XAU_USDT_Perp+0.0138%4h4,357.4+0.004%$1.4M$3.0M25xas long as short
Bitget XAUUSDT+0.0146%4h4,358+0.018%$69.3M$109.6M100xas long as short
Bullet GOLD-USDshort+0.0158%1h4,358.1+0.020%$59K$83K10x
Bybit XAUUSDT+0.0183%4h4,358.5+0.030%$84.2M$143.5M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0186%1h4,356.8−0.009%$235K$661K25xas long as short
OKX XAU-USDT-SWAP+0.0225%8h4,359+0.041%$164.9M$284.8M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,355−0.051%$594K$141K25xas long as short
BloFin XAU-USDT+0.0286%4h4,364.8+0.174%$15.5M$4.6M100xas long as short
Phemex XAUUSDT+0.0377%4h4,361.3+0.093%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0395% / S −0.0199%1h4,358.3+0.025%$253K111xas long as short
HTX XAU-USDT+0.0528%4h4,362+0.111%$2.9M$3.9M75xas long as short