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−0.0007%/8h= −0.7% APRnext payment $0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Injective against StandX+0.298%50s7-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 fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.298% dearer against StandX than usual: you sell high and buy low, +$30 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,337.50.0040pay 0.0005% / 1h27m 57s$3.8M$4.6M40x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h27m 57s$619$5452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$1.4
Price spread: +0.298% → 0.000%
$29.79
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$20.37
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: StandX: live order book, 1 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 StandX live order book, 1 min ago1.62 bp5.6 bp −$66.6 bp −$6610.5 bp −$1,049doesn'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%4h4,332.3−0.120%$92K$8.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,324.1−0.310%$271K250xas long as short
Bluefin GOLD-PERP+0.0009%1h4,322.9−0.337%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,324.4−0.301%$13.3M$37.1M25xas long as short
Injective XAU/USDC PERPshort+0.0033%1h4,350.4+0.298%$619$5452x
Lighter XAU+0.0040%1h4,328.6−0.205%$20.6M$30.9M25xas long as short
StandX XAU-USDlong+0.0040%1h4,337.5long leg$3.8M$4.6M40x
QFEX GOLD-USD+0.0044%1h4,328−0.219%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,361.8+0.560%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,325.8−0.270%$292.1M$50.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,324.9−0.290%$15.0M$56.6M25xas long as short
RISEx XAU/USDC+0.0054%1h4,328.9−0.198%$3.7M$12.3M25xas long as short
Kalshi KXGOLDPERP+0.0058%24h4,330.3−0.166%$4.0M$40.7M15xas long as short
Bybit XAUUSDT+0.0058%4h4,328.8−0.200%$78.6M$154.7M150xas long as short
Gate XAU_USDT+0.0064%4h4,331−0.150%$274.3M$405.8M100xas long as short
Paradex XAU-USD-PERP+0.0072%8h4,329.2−0.192%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,326.7−0.249%$2.1M$4.7M25xas long as short
Lighter RH XAU+0.0088%1h4,330.8−0.154%$19.9M$38.7M25xas long as short
Pacifica XAU+0.0100%1h4,326.1−0.262%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,328.3−0.213%$275K$204K50xas long as short
Aster XAUUSD1+0.0110%4h4,329.5−0.184%$71.4M$332.1M20xas long as short
Variational Omni XAU+0.0111%4h4,333.1−0.100%$48.3M$27.5Mas long as short
Aevo XAU-PERP+0.0112%1h4,327.7−0.227%$160K$8710xas long as short
MEXC XAU_USDT+0.0120%4h4,329.3−0.189%$364.2M$323.6M1000xas long as short
Binance XAUUSDT+0.0120%4h4,329.1−0.195%$413.8M$2.15B100xas long as short
Phoenix GOLD+0.0127%1h4,333.4−0.095%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0128%4h4,336.3−0.028%$1.4M$2.9M25xas long as short
Hotstuff GOLD-PERP+0.0136%1h4,329.4−0.187%$32K25xas long as short
edgeX XAUUSDC+0.0138%4h4,329.7−0.179%$30.1M$58.7M50xas long as short
Bullet GOLD-USD+0.0160%1h4,328−0.219%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0169%1h4,328.3−0.212%$4.2M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0212%1h4,326.6−0.251%$200K$824K25xas long as short
Kraken Futures PF_XAUUSD+0.0248%1h4,324.5−0.299%$589K$130K25xas long as short
HTX XAU-USDT+0.0258%4h4,331.1−0.147%$2.8M$4.8M75xas long as short
Bitget XAUUSDT+0.0282%4h4,328.1−0.216%$73.3M$113.5M100xas long as short
OKX XAU-USDT-SWAP+0.0338%8h4,328.8−0.201%$169.8M$291.7M100xas long as short
Phemex XAUUSDT+0.0365%4h4,333.3−0.097%$2.2M$960K100xas long as short
BloFin XAU-USDT+0.0378%4h4,333.7−0.087%$16.1M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0450% / S −0.0287%1h4,328−0.220%$249K111xas long as short