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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.58 per $10,000 · paid last 24h +0.033%
Price spread now: edgeX against SunX−0.287%74s7-day average −0.252% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.776% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.201%+$20 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.287%, 7d avg −0.252%
Together, before fees+0.126%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.035% cheaper against SunX than usual: you would sell low and buy high (spread −0.287% now, against its 7-day average of −0.252%). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$3 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAU-USDT4,342.90get 0.0000% / 4h1h 55m$92K$6.0M20x
ShortedgeX XAUUSDC4,330.40.0115get 0.0058% / 4h1h 55m$30.3M$67.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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
$24.17
Price spread: −0.287% → −0.252%
−$3.52
Slippage, 4 orders
−$60.64
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$56.99
Costs to cover
0.776%
Break-even
23.5 days
Slippage from SunX: live order book, 6 min ago; edgeX: live order book, 1 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 SunX live order book, 6 min ago26.60 bp30.6 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago0.23 bp4.7 bp −$54.8 bp −$487.7 bp −$76636.4 bp −$18.2K

XAU on 39 exchanges

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−3.0304%1h4,318.3−0.567%$32K25xas long as short
Bluefin GOLD-PERP−0.0017%1h4,331.6−0.262%$25K$1K20xas long as short
SunX XAU-USDTlong0.0000%4h4,342.9long leg$92K$6.0M20x
Coinbase International GOLD-PERP-INTX0.0000%1h4,332−0.251%$2.1M$5.3M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,332.7−0.235%$279K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.173%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,340.9−0.046%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,337.1−0.134%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,371.1+0.649%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,336.3−0.152%$292.7M$53.0M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,333.9−0.208%$15.1M$59.0M25xas long as short
Paradex XAU-USD-PERP+0.0055%8h4,337.5−0.125%$2K$13K5xas long as short
Aster XAUUSD1+0.0074%4h4,341.9−0.023%$72.8M$275.9M20xas long as short
Phoenix GOLD+0.0076%1h4,337.4−0.127%$43K$70K25xas long as short
Variational Omni XAU+0.0091%4h4,335.3−0.174%$47.3M$29.3Mas long as short
Pacifica XAU+0.0100%1h4,334.5−0.193%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,336.8−0.142%$285K$223K50xas long as short
Lighter XAU+0.0104%1h4,338.1−0.111%$20.3M$30.1M25xas long as short
Gate XAU_USDT+0.0104%4h4,342.2−0.016%$301.1M$440.5M100xas long as short
Aevo XAU-PERP+0.0104%1h4,337.5−0.125%$161K$8710xas long as short
Polymarket Perps GOLD-USD+0.0105%1h4,337.6−0.122%$4.3M$1.7M20xas long as short
Binance XAUUSDT+0.0105%4h4,340.5−0.056%$443.6M$2.43B100xas long as short
MEXC XAU_USDT+0.0106%4h4,340.7−0.051%$366.5M$349.7M1000xas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,340.2−0.061%$1.4M$3.1M25xas long as short
edgeX XAUUSDCshort+0.0115%4h4,330.4−0.287%$30.3M$67.2M50x
Bybit XAUUSDT+0.0125%4h4,342.2−0.016%$82.7M$173.6M150xas long as short
Kalshi KXGOLDPERP+0.0135%24h4,339.5−0.079%$3.5M$51.0M15xas long as short
Lighter RH XAU+0.0136%1h4,340.6−0.053%$19.7M$39.3M25xas long as short
Extended XAU-USD+0.0144%1h4,335.2−0.179%$12.5M$34.8M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0165%1h4,337.3−0.129%$135K$707K25xas long as short
Bullet GOLD-USD+0.0200%1h4,338.4−0.104%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,338.7−0.097%$4.7M$13.3M25xas long as short
Bitget XAUUSDT+0.0220%4h4,340.1−0.064%$72.9M$139.0M100xas long as short
Phemex XAUUSDT+0.0224%4h4,340.7−0.050%$2.3M$784K100xas long as short
OKX XAU-USDT-SWAP+0.0241%8h4,341.5−0.032%$170.9M$361.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,335.6−0.169%$584K$167K25xas long as short
BloFin XAU-USDT+0.0347%4h4,337.5−0.124%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,339.4−0.081%$254K111xas long as short
HTX XAU-USDT+0.1109%4h4,344.4+0.034%$3.2M$7.1M75xas long as short