Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

XAU

RWAAll XAU markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
tradeXYZxyz:GOLD
4,179.1+0.0050pay 0.0006% / 1h39m 55s$287.4M$54.4M25xLong tradeXYZ
SHORT
BingXNCCOGOLD2USD-USDT
4,183.1+0.0228get 0.0114% / 4h39m 55s$2.3M$647.4M—Short BingX
Price gap+0.095%
Funding gap+0.0178% /8h

Funding trade: +$5 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$46+0.0178% /8h now · paid +0.464% over the last 7D
Price$0spread +0.095% now, avg +0.097% → −0.002% if it goes back
Costs−$280.284% of $10k · taker + slippage, in and out
Result+$18+0.18%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.095%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XAU on 41 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • OK: Fits both order books9.1 / 5.0 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$400 + —
    tradeXYZ 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$5.34Long tradeXYZ: 24 payments, −$1.50; short BingX: 6 payments, +$6.84.
  • Note: Gap at its usual level+0.095% vs +0.097%
    The price leg adds little either way.
  • Watch: Short leg is thinner$2.3M vs $287.4M OI
    BingX sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCtradeXYZ No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0221%/8h × 21 periods+$46.45
Price spread+0.095% → +0.097% (7d avg)−$0.25
Slippage, 4 orderslive order books−$0.44
Fee tradeXYZ bp × 2 orders−$18.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$17.76
Costs to cover0.284%Break-even4.3 days
Slippage: tradeXYZ: live order book, 4 min ago; BingX: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGtradeXYZ0.129.1 bp−$99.1 bp−$9110.3 bp−$1,03417.6 bp−$8,823
SELL · SHORTBingX0.025.0 bp−$55.0 bp−$508.3 bp−$82912.0 bp−$6,020

Closing costs about the same again.

Alert

XAU news

posts that mention XAU or Gold, from every exchangeSearch all news →
09-30 02:07AvantisOtherThe macro backdrop hasn’t changed much, but the reactions across markets have. Yields are pushing back toward multi-decade highs and equities are struggling to get much traction. $XAU is bouncing after getting hit hard, while $BTC has managed to recover toward $84K. That divergence is where this week gets interesting, and the crew is diving in tomorrow at 12:30pm ET 📺 @verantaxyz on X ↗
09-29 13:32GRVTOtherUPDATE: 74 of 109 RWA markets traded in week one. Gold led, Korean semis second, US brokerage third. Makers paid on all of them. @grvt_io on X ↗
09-29 08:55ApeX OmniOtherQuiet tape. S&P -0.8%, NASDAQ -0.9%, gold and oil barely moved. The 10y keeps grinding: 5.240%, another 13bp since Thursday. bitcoin:native $83,983 +1.3%, $ETH $2,712 +2.6%. $31M into spot ETFs, an eighth straight day. Fear and greed 73. @OfficialApeXdex on X ↗
09-28 20:36BingXOtherCore PCE takes center stage Wednesday 👀 A cooler print could lift gold, while a hotter one may boost USD and pressure stocks. Trade $XAU on BingX TradFi 👇 @BingXOfficial on X ↗
09-28 15:58BingXOtherGold fell over $115 today to its lowest level since August. Higher bond yields, a stronger dollar, and high oil prices are pushing the market down 👀 @BingXOfficial on X ↗
09-28 15:17Ondo PerpsProductIntroducing spot trading for @Ondo Stocks. This brings the basis trade onto a single platform: 1. Buy Ondo Stocks 2. Deploy them as collateral 3. Short the corresponding perp to collect funding Because the spot holding doubles as long exposure and collateral, delta-neutral strategies become more capital efficient. Running both legs on a single platform also eliminates the risks of managing positions across separate platforms. Starting with 12 assets: ✅ Silver (SLVon) ✅ Gold (GLDon) ✅ Micron (MUon) ✅ Tesla (TSLAon) ✅ Circle (CRCLon) ✅ NVIDIA (NVDAon) ✅ SpaceX (SPCXon) ✅ Sandisk (SNDKon) ✅ Alphabet (GOOGLon) ✅ S&P 500 ETF (SPYon) ✅ Invesco QQQ (QQQon) ✅ Roundhill Memory ETF (DRAMon) ✅ & more to come For the first time, Ondo Stocks are available for permissionless trading (outside the US) on a spot central limit order book. Ondo Stocks opened access to tokenized equities, supporting them as collateral made those holdings productive, and now, spot trading on Ondo Perps brings the entire workflow to a single platform. Another step closer to onchain prime brokerage. To celebrate the launch, spot trading is fee-free for the first 30 days. Build a basis trade → @OndoPerps on X ↗