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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.022%
Price spread now: MEXC against StandX+0.055%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.055%, 7d avg −0.015%
Together, before fees+0.008%+ Points / potential airdropStandX: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.069% dearer against StandX than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.015%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,374.80.0040pay 0.0005% / 1h50m 12s$3.8M$4.7M40x
ShortMEXC XAU_USDT4,377.20get 0.0000% / 4h3h 50m$374.2M$321.1M1000x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$8.4
Price spread: +0.055% → −0.015%
$6.94
Slippage, 4 orders
−$6.35
Fee StandX: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$19.81
Costs to cover
0.183%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; MEXC: live order book, 9 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, 4 min ago1.26 bp8.7 bp −$99.4 bp −$9411.4 bp −$1,14113.4 bp −$6,693
Sell MEXC live order book, 9 min ago0.03 bp2.4 bp −$22.7 bp −$2710.7 bp −$1,06929.5 bp −$14.7K

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
Bluefin GOLD-PERP−0.0062%1h4,367.8−0.160%$26K$22K20xas long as short
Aster XAUUSD10.0000%4h4,376.9+0.049%$72.0M$211.0M20xas long as short
Binance XAUUSDT0.0000%4h4,376.9+0.048%$410.3M$2.15B100xas long as short
Hotstuff GOLD-PERP0.0000%1h4,371.5−0.075%$33K25xas long as short
Gate XAU_USDT0.0000%4h4,378.4+0.083%$266.7M$408.6M100xas long as short
MEXC XAU_USDTshort0.0000%4h4,377.2+0.055%$374.2M$321.1M1000x
Bitget XAUUSDT0.0000%4h4,377.4+0.060%$69.8M$114.5M100xas long as short
Variational Omni XAU0.0000%4h4,374.3−0.010%$48.7M$27.9Mas long as short
Kalshi KXGOLDPERP0.0000%24h4,372.9−0.043%$4.0M$36.5M15xas long as short
SunX XAU-USDT0.0000%4h4,380.5+0.131%$93K$10.4M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,372.7−0.048%$268K250xas long as short
edgeX XAUUSDC+0.0007%4h4,369.8−0.114%$30.4M$60.0M50xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.557%$619$5452xas long as short
StandX XAU-USDlong+0.0040%1h4,374.8long leg$3.8M$4.7M40x
QFEX GOLD-USD+0.0045%1h4,375.1+0.007%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,410.6+0.818%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,376.4+0.037%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,374.2−0.014%$294.9M$52.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,371.5−0.075%$14.7M$57.2M25xas long as short
Phoenix GOLD+0.0055%1h4,373.6−0.027%$48K$64K25xas long as short
Paradex XAU-USD-PERP+0.0067%8h4,376.3+0.034%$19K$5K5xas long as short
Lighter XAU+0.0072%1h4,375.8+0.023%$20.8M$43.3M25xas long as short
Lighter RH XAU+0.0072%1h4,379.1+0.098%$20.3M$40.8M25xas long as short
Aevo XAU-PERP+0.0080%1h4,374.6−0.004%$162K$8710xas long as short
Polymarket Perps GOLD-USD+0.0095%1h4,375.4+0.014%$4.3M$1.8M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,373.3−0.034%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,372.8−0.046%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,372.7−0.048%$277K$204K50xas long as short
Extended XAU-USD+0.0104%1h4,372.7−0.048%$13.3M$44.1M25xas long as short
Bybit XAUUSDT+0.0110%4h4,377.9+0.072%$83.2M$144.6M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0162%1h4,375+0.005%$236K$655K25xas long as short
OKX XAU-USDT-SWAP+0.0168%8h4,378.3+0.080%$160.8M$280.7M100xas long as short
Bullet GOLD-USD+0.0193%1h4,376.5+0.038%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,373.8−0.024%$596K$149K25xas long as short
GRVT XAU_USDT_Perp+0.0234%4h4,375.8+0.023%$1.4M$3.1M25xas long as short
BloFin XAU-USDT+0.0240%4h4,375.2+0.010%$14.8M$4.6M100xas long as short
Phemex XAUUSDT+0.0378%4h4,377.9+0.072%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0390% / S −0.0197%1h4,376.5+0.038%$253K111xas long as short
HTX XAU-USDT+0.0503%4h4,380.7+0.136%$2.9M$3.8M75xas long as short