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+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.028%
Price spread now: Bullet against StandX−0.008%7-day average · you buy dearer than you sell
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 airdropStandX: Active · farm boardneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,3200.0093pay 0.0012% / 1h11m 34s$3.8M$4.5M40x
ShortBullet GOLD-USD4,319.60.0203get 0.0025% / 1h11m 34s$59K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$23.08
Price spread: −0.008% → 0.000%
−$0.81
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
$6.27
Costs to cover
0.160%
Break-even
5.1 days
Slippage unknown: StandX: live order book, 3 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 StandX live order book, 3 min ago0.12 bp4.1 bp −$44.5 bp −$458.7 bp −$87011.3 bp −$5,638
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
SunX XAU-USDT0.0000%4h4,323.7+0.085%$92K$7.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,315.8−0.097%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.704%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,316.8−0.074%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,351.2+0.722%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,314.5−0.127%$290.9M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,313.1−0.161%$15.0M$55.4M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,314.5−0.127%$32K25xas long as short
Bluefin GOLD-PERP+0.0056%1h4,312.3−0.179%$25K$1K20xas long as short
Aster XAUUSD1+0.0059%4h4,318.7−0.030%$73.0M$271.8M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0063%8h4,317.4−0.061%$2K$14K5xas long as short
Bybit XAUUSDT+0.0067%4h4,318−0.047%$77.9M$153.6M150xas long as short
Lighter XAU+0.0072%1h4,316.9−0.073%$20.3M$30.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,315.3−0.109%$2.0M$5.1M25xas long as short
StandX XAU-USDlong+0.0093%1h4,320long leg$3.8M$4.5M40x
Phoenix GOLD+0.0096%1h4,314.7−0.123%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0098%24h4,320.8+0.019%$3.7M$44.9M15xas long as short
Variational Omni XAU+0.0098%4h4,314−0.139%$47.1M$29.0Mas long as short
Pacifica XAU+0.0100%1h4,314.5−0.127%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,315.6−0.103%$272K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,319.4−0.013%$19.9M$40.0M25xas long as short
MEXC XAU_USDT+0.0110%4h4,317.5−0.058%$363.6M$335.9M1000xas long as short
Binance XAUUSDT+0.0111%4h4,317−0.070%$429.6M$2.14B100xas long as short
Extended XAU-USD+0.0112%1h4,313.8−0.143%$13.2M$36.7M25xas long as short
Aevo XAU-PERP+0.0112%1h4,318.7−0.030%$160K$8710xas long as short
edgeX XAUUSDC+0.0112%4h4,309.9−0.233%$30.0M$60.5M50xas long as short
Gate XAU_USDT+0.0114%4h4,319.2−0.019%$286.9M$427.3M100xas long as short
GRVT XAU_USDT_Perp+0.0114%4h4,319.3−0.015%$1.4M$3.0M25xas long as short
Bitget XAUUSDT+0.0192%4h4,317.5−0.059%$70.5M$120.1M100xas long as short
Bullet GOLD-USDshort+0.0203%1h4,319.6−0.008%$59K$81K10x
Polymarket Perps GOLD-USD+0.0223%1h4,320.2+0.005%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,317.1−0.068%$574K$138K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0237%1h4,317.7−0.053%$161K$878K25xas long as short
OKX XAU-USDT-SWAP+0.0267%8h4,317.2−0.065%$175.3M$302.7M100xas long as short
BloFin XAU-USDT+0.0351%4h4,319.1−0.021%$16.6M$4.9M100xas long as short
Phemex XAUUSDT+0.0402%4h4,320.3+0.006%$2.2M$949K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0311%1h4,319.6−0.008%$254K111xas long as short
HTX XAU-USDT+0.0523%4h4,325.4+0.125%$3.2M$6.0M75xas long as short
RISEx XAU/USDC+0.0643%1h4,317.4−0.061%$4.5M$13.3M25xas long as short