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−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h −0.011%
Price spread now: StandX against RISEx−0.020%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.029%−$3 on $10k
Price spread, last 7 days+0.019%+$2 · spread now −0.020%, 7d avg +0.014%
Together, before fees−0.010%+ Points / potential airdropStandX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and StandX is 0.034% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAU/USDC4,335.50.0054pay 0.0007% / 1h25m 27s$3.7M$12.2M25x
ShortStandX XAU-USD4,334.60.0040get 0.0005% / 1h25m 27s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$2.94
Price spread: −0.020% → +0.014%
−$3.39
Slippage, 4 orders
−$9.11
Fee RISEx: 3 bp × 2 orders
−$6
Fee StandX: 4 bp × 2 orders
−$8
Net
−$29.44
Costs to cover
0.231%
Break-even
never at this rate
Slippage from RISEx: live order book, 4 min ago; StandX: live order book, 4 min ago.

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, 4 min ago1.29 bp4.3 bp −$44.7 bp −$4741.3 bp −$4,129doesn't fit
Sell StandX live order book, 4 min ago1.62 bp8.2 bp −$88.7 bp −$8710.1 bp −$1,009doesn't fit

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
Hotstuff GOLD-PERP−0.0056%1h4,328.7−0.156%$32K25xas long as short
Bluefin GOLD-PERP−0.0014%1h4,328.2−0.168%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,336.7+0.028%$92K$8.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,331.5−0.092%$271K250xas long as short
Extended XAU-USD+0.0032%1h4,331.5−0.091%$13.2M$37.1M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.345%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,334.6−0.020%$3.8M$4.5M40x
QFEX GOLD-USD+0.0044%1h4,333.8−0.038%$5.5M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,367.3+0.734%$1.0M25xas long as short
Bybit XAUUSDT+0.0046%4h4,335.8+0.007%$78.7M$155.0M150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAU+0.0048%1h4,334.8−0.015%$20.7M$31.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,331.8−0.085%$292.6M$50.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,331.6−0.089%$15.0M$56.7M25xas long as short
RISEx XAU/USDClong+0.0054%1h4,335.5long leg$3.7M$12.2M25x
Kalshi KXGOLDPERP+0.0058%24h4,332.8−0.061%$4.0M$40.9M15xas long as short
Gate XAU_USDT+0.0070%4h4,336.9+0.033%$273.4M$407.3M100xas long as short
Paradex XAU-USD-PERP+0.0071%8h4,335.3−0.003%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,329.8−0.131%$2.1M$4.7M25xas long as short
Lighter RH XAU+0.0088%1h4,336.6+0.027%$20.0M$38.7M25xas long as short
Pacifica XAU+0.0100%1h4,332−0.081%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,329.7−0.133%$276K$204K50xas long as short
Aster XAUUSD1+0.0108%4h4,336.5+0.024%$71.6M$332.2M20xas long as short
Variational Omni XAU+0.0111%4h4,332−0.081%$48.3M$27.4Mas long as short
Aevo XAU-PERP+0.0112%1h4,332.2−0.076%$160K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,335.1−0.008%$363.8M$324.4M1000xas long as short
Binance XAUUSDT+0.0119%4h4,335−0.011%$414.4M$2.15B100xas long as short
edgeX XAUUSDC+0.0120%4h4,324.5−0.253%$30.1M$59.3M50xas long as short
GRVT XAU_USDT_Perp+0.0122%4h4,329.6−0.136%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0127%1h4,331.3−0.096%$47K$77K25xas long as short
Bullet GOLD-USD+0.0160%1h4,335−0.011%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0172%1h4,335.2−0.006%$4.2M$2.0M20xas long as short
Kraken Futures PF_XAUUSD+0.0247%1h4,329.8−0.130%$590K$130K25xas long as short
HTX XAU-USDT+0.0257%4h4,336.4+0.022%$2.8M$4.8M75xas long as short
Bitget XAUUSDT+0.0278%4h4,335−0.011%$73.7M$113.8M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0281%1h4,331.8−0.085%$199K$825K25xas long as short
OKX XAU-USDT-SWAP+0.0336%8h4,335.4−0.001%$170.3M$292.4M100xas long as short
BloFin XAU-USDT+0.0362%4h4,330.9−0.105%$16.1M$4.4M100xas long as short
Phemex XAUUSDT+0.0399%4h4,336.8+0.031%$2.2M$960K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0451% / S −0.0288%1h4,335−0.011%$250K111xas long as short