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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.029%
Price spread now: Bullet against tradeXYZ+0.080%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bullet is 0.080% dearer against tradeXYZ than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GOLD4,342.70.0050pay 0.0006% / 1h5m 09s$293.8M$49.1M25x
ShortBullet GOLD-USD4,346.20.0206get 0.0026% / 1h5m 09s$59K$82K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against tradeXYZ. 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
$32.76
Price spread: +0.080% → 0.000%
$8.04
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bullet: 4 bp × 2 orders
−$8
Net
$14.8
Costs to cover
0.260%
Break-even
3.8 days
Slippage unknown: tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago0.12 bp9.1 bp −$99.1 bp −$9110.4 bp −$1,040doesn't fit
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
Bluefin GOLD-PERP−0.0010%1h4,339.5−0.073%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,350.6+0.182%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.1−0.013%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,346.6+0.090%$3.7M$12.5M25xas long as short
Extended XAU-USD+0.0032%1h4,342.1−0.015%$13.2M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.178%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,346.1+0.078%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,345.1+0.055%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,378.6+0.827%$1.0M25xas long as short
tradeXYZ xyz:GOLDlong+0.0050%1h4,342.7long leg$293.8M$49.1M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,342.9+0.005%$15.0M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0052%24h4,344.8+0.048%$4.2M$39.3M15xas long as short
Bybit XAUUSDT+0.0055%4h4,347.1+0.102%$80.1M$152.0M150xas long as short
Lighter XAU+0.0056%1h4,345.3+0.059%$20.7M$34.8M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,341.7−0.023%$2.1M$4.7M25xas long as short
Gate XAU_USDT+0.0062%4h4,347.6+0.113%$268.3M$419.1M100xas long as short
Paradex XAU-USD-PERP+0.0067%8h4,345.7+0.070%$19K$5K5xas long as short
Hotstuff GOLD-PERP+0.0072%1h4,342.6−0.002%$33K25xas long as short
Lighter RH XAU+0.0080%1h4,347.8+0.117%$20.2M$40.2M25xas long as short
Aster XAUUSD1+0.0098%4h4,346.5+0.087%$71.5M$331.5M20xas long as short
Pacifica XAU+0.0100%1h4,342.4−0.007%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,341.7−0.023%$274K$203K50xas long as short
Variational Omni XAU+0.0105%4h4,345.4+0.061%$48.3M$27.6Mas long as short
Aevo XAU-PERP+0.0112%1h4,345.1+0.056%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,346.2+0.081%$370.3M$321.7M1000xas long as short
Binance XAUUSDT+0.0120%4h4,346.2+0.080%$418.8M$2.09B100xas long as short
edgeX XAUUSDC+0.0135%4h4,340−0.061%$30.2M$57.9M50xas long as short
Phoenix GOLD+0.0136%1h4,341.7−0.023%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0148%4h4,345.6+0.067%$1.4M$2.9M25xas long as short
Phemex XAUUSDT+0.0199%4h4,349.1+0.147%$2.2M$967K100xas long as short
Polymarket Perps GOLD-USD+0.0203%1h4,345.8+0.071%$4.2M$2.0M20xas long as short
Bullet GOLD-USDshort+0.0206%1h4,346.2+0.080%$59K$82K10x
Deribit GOLD_USDC-PERPETUAL+0.0211%1h4,344.4+0.039%$204K$826K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,343+0.007%$590K$135K25xas long as short
Bitget XAUUSDT+0.0274%4h4,346.6+0.090%$71.1M$108.8M100xas long as short
OKX XAU-USDT-SWAP+0.0330%8h4,347.4+0.108%$167.2M$283.1M100xas long as short
BloFin XAU-USDT+0.0360%4h4,346.2+0.080%$15.8M$4.4M100xas long as short
HTX XAU-USDT+0.0396%4h4,347.9+0.120%$2.8M$4.6M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,346.2+0.080%$250K111xas long as short