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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.015%
Price spread now: Aevo against StandX−0.044%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.471% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.099%+$10 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.044%, 7d avg −0.026%
Together, before fees+0.185%+ Points / potential airdropStandX: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,350.70.0040pay 0.0005% / 1h18m 10s$3.8M$4.5M40x
ShortAevo XAU-PERP4,348.80.0104get 0.0013% / 1h18m 10s$161K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against StandX. 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
$13.44
Price spread: −0.044% → −0.026%
−$1.79
Slippage, 4 orders
−$23.05
Fee StandX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$35.41
Costs to cover
0.471%
Break-even
25.4 days
Slippage from StandX: live order book, 1 min ago; Aevo: live order book, 41 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 StandX live order book, 1 min ago2.07 bp6.3 bp −$67.0 bp −$708.3 bp −$8309.9 bp −$4,960
Sell Aevo live order book, 41 min ago6.28 bp15.5 bp −$1632.1 bp −$321doesn't fitdoesn'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
RISEx XAU/USDC0.0000%1h4,349.3−0.032%$3.4M$12.2M25xas long as short
Gate XAU_USDT0.0000%4h4,350.2−0.012%$264.9M$415.7M100xas long as short
SunX XAU-USDT0.0000%4h4,353.4+0.063%$93K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,345.1−0.128%$272K250xas long as short
Hotstuff GOLD-PERP+0.0008%1h4,347.9−0.064%$33K25xas long as short
Lighter XAU+0.0032%1h4,347.9−0.064%$20.8M$38.2M25xas long as short
Extended XAU-USD+0.0032%1h4,345.2−0.126%$13.2M$38.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.006%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,350.1−0.013%$20.1M$39.3M25xas long as short
StandX XAU-USDlong+0.0040%1h4,350.7long leg$3.8M$4.5M40x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0041%1h4,348.4−0.053%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,382.9+0.740%$1.0M25xas long as short
Kalshi KXGOLDPERP+0.0047%24h4,348.1−0.060%$4.2M$37.3M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,346.5−0.097%$2.0M$4.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,346.5−0.097%$293.9M$48.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,345.3−0.125%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0062%4h4,350.3−0.010%$71.2M$333.1M20xas long as short
Variational Omni XAU+0.0077%4h4,349.2−0.034%$48.5M$28.0Mas long as short
Paradex XAU-USD-PERP+0.0080%8h4,349.1−0.038%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0088%4h4,350.6−0.001%$1.4M$2.9M25xas long as short
MEXC XAU_USDT+0.0090%4h4,349.2−0.036%$371.9M$318.7M1000xas long as short
Binance XAUUSDT+0.0090%4h4,349−0.039%$413.4M$2.09B100xas long as short
Pacifica XAU+0.0100%1h4,346.6−0.094%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,346.5−0.098%$275K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,344.3−0.146%$25K$14K20xas long as short
edgeX XAUUSDC+0.0101%4h4,346.3−0.101%$30.2M$58.1M50xas long as short
Aevo XAU-PERPshort+0.0104%1h4,348.8−0.044%$161K$8710x
Phoenix GOLD+0.0142%1h4,347.9−0.064%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0157%1h4,349−0.039%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0186%1h4,349.3−0.033%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,346.3−0.102%$593K$132K25xas long as short
Phemex XAUUSDT+0.0215%4h4,352.2+0.034%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0232%4h4,349.4−0.031%$70.0M$109.4M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0233%1h4,347.7−0.069%$206K$823K25xas long as short
Bybit XAUUSDT+0.0240%4h4,350.5−0.004%$85.3M$145.1M150xas long as short
OKX XAU-USDT-SWAP+0.0294%8h4,350−0.016%$165.5M$282.5M100xas long as short
BloFin XAU-USDT+0.0331%4h4,351.1+0.009%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0417% / S −0.0236%1h4,349.3−0.033%$248K111xas long as short
HTX XAU-USDT+0.0623%4h4,354.6+0.089%$2.9M$4.3M75xas long as short