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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.023%
Price spread now: Injective against RISEx+0.122%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.122% dearer against RISEx than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAU/USDC4,345.10.0005pay 0.0001% / 1h19m 04s$3.9M$12.4M25x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h19m 04s$619$5452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$5.96
Price spread: +0.122% → 0.000%
$12.24
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$12.17
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: RISEx: live order book, 5 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 RISEx live order book, 5 min ago0.01 bp5.8 bp −$66.4 bp −$6434.1 bp −$3,411doesn't fit
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
SunX XAU-USDT0.0000%4h4,349.1+0.093%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,340.5−0.106%$272K250xas long as short
RISEx XAU/USDClong+0.0005%1h4,345.1long leg$3.9M$12.4M25x
Bluefin GOLD-PERP+0.0015%1h4,338.3−0.157%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,340.6−0.103%$13.3M$37.2M25xas long as short
Bybit XAUUSDT+0.0033%4h4,345.4+0.006%$79.9M$152.1M150xas long as short
Injective XAU/USDC PERPshort+0.0033%1h4,350.4+0.122%$619$5452x
StandX XAU-USD+0.0040%1h4,344.6−0.012%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,344.2−0.021%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,377.4+0.743%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,341.3−0.088%$293.7M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,341.9−0.073%$15.0M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,342.9−0.051%$4.3M$37.5M15xas long as short
Lighter XAU+0.0056%1h4,343.7−0.033%$20.7M$34.7M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,341.4−0.085%$2.1M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0060%8h4,344.7−0.010%$19K$5K5xas long as short
Lighter RH XAU+0.0072%1h4,346.1+0.022%$20.2M$40.0M25xas long as short
Gate XAU_USDT+0.0090%4h4,346.1+0.022%$268.7M$417.7M100xas long as short
Aster XAUUSD1+0.0092%4h4,346.4+0.029%$71.5M$331.8M20xas long as short
Pacifica XAU+0.0100%1h4,341.1−0.092%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,340.8−0.098%$274K$203K50xas long as short
Hotstuff GOLD-PERP+0.0104%1h4,340.9−0.097%$33K25xas long as short
Variational Omni XAU+0.0104%4h4,343.9−0.027%$48.3M$27.5Mas long as short
Aevo XAU-PERP+0.0112%1h4,343.8−0.031%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,344.7−0.010%$371.7M$320.6M1000xas long as short
Binance XAUUSDT+0.0119%4h4,344.7−0.010%$418.5M$2.09B100xas long as short
edgeX XAUUSDC+0.0129%4h4,340.2−0.114%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0136%1h4,340.5−0.106%$47K$77K25xas long as short
Phemex XAUUSDT+0.0151%4h4,347.3+0.050%$2.2M$967K100xas long as short
GRVT XAU_USDT_Perp+0.0182%4h4,344.6−0.012%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0211%1h4,344.8−0.007%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0213%1h4,344.6−0.012%$4.3M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,343.1−0.046%$205K$826K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,341.6−0.080%$592K$132K25xas long as short
Bitget XAUUSDT+0.0266%4h4,345.1−0.001%$71.0M$109.2M100xas long as short
OKX XAU-USDT-SWAP+0.0326%8h4,345.5+0.009%$167.2M$282.3M100xas long as short
BloFin XAU-USDT+0.0359%4h4,345−0.003%$15.7M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,344.8−0.007%$250K111xas long as short
HTX XAU-USDT+0.0539%4h4,348.2+0.071%$2.8M$4.6M75xas long as short