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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.04 per $10,000 · paid last 24h −0.003%
Price spread now: Hotstuff against tradeXYZ+0.002%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 · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GOLD4,360.60.0050pay 0.0006% / 1h58m 28s$294.3M$51.8M25x
ShortHotstuff GOLD-PERP4,360.70.0016get 0.0002% / 1h58m 28s$33K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$7.14
Price spread: +0.002% → 0.000%
$0.23
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$29.91
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 12 min ago; Hotstuff: 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, 12 min ago0.12 bp9.1 bp −$99.5 bp −$9511.4 bp −$1,143doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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−0.0167%1h4,355.4−0.119%$26K$22K20xas long as short
Aster XAUUSD10.0000%4h4,364.9+0.097%$69.9M$245.8M20xas long as short
Gate XAU_USDT0.0000%4h4,364.6+0.091%$264.8M$400.4M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,360−0.014%$4.0M$36.4M15xas long as short
SunX XAU-USDT0.0000%4h4,365.4+0.109%$93K$10.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,360.1−0.012%$270K250xas long as short
Hotstuff GOLD-PERPshort+0.0016%1h4,360.7+0.002%$33K25x
Extended XAU-USD+0.0032%1h4,360.4−0.005%$13.5M$43.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.233%$619$5452xas long as short
Variational Omni XAU+0.0040%4h4,362+0.032%$48.4M$28.5Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0040%1h4,363.3+0.062%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,398+0.858%$1.0M25xas long as short
tradeXYZ xyz:GOLDlong+0.0050%1h4,360.6long leg$294.3M$51.8M25x
Polymarket Perps GOLD-USD+0.0050%1h4,363.4+0.064%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,360.7+0.002%$14.8M$57.2M25xas long as short
QFEX GOLD-USD+0.0051%1h4,363.7+0.071%$5.6M$1.9M20xas long as short
Phoenix GOLD+0.0055%1h4,359.6−0.023%$48K$64K25xas long as short
Lighter XAU+0.0056%1h4,363.4+0.063%$20.6M$43.2M25xas long as short
MEXC XAU_USDT+0.0060%4h4,364.1+0.080%$372.5M$318.3M1000xas long as short
Binance XAUUSDT+0.0062%4h4,363.9+0.075%$411.7M$2.12B100xas long as short
edgeX XAUUSDC+0.0063%4h4,356.5−0.093%$30.3M$60.4M50xas long as short
Lighter RH XAU+0.0064%1h4,365.8+0.118%$20.2M$40.5M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,358.6−0.046%$2.0M$5.0M25xas long as short
Paradex XAU-USD-PERP+0.0088%8h4,363.9+0.077%$19K$5K5xas long as short
Aevo XAU-PERP+0.0096%1h4,360.8+0.006%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,361+0.009%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,359.2−0.033%$275K$204K50xas long as short
Bitget XAUUSDT+0.0114%4h4,364.8+0.096%$69.5M$111.3M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0117%1h4,359.8−0.018%$235K$659K25xas long as short
RISEx XAU/USDC+0.0135%1h4,364.6+0.092%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0152%4h4,362.3+0.038%$1.4M$3.1M25xas long as short
Bullet GOLD-USD+0.0184%1h4,364.4+0.087%$59K$83K10xas long as short
Bybit XAUUSDT+0.0195%4h4,363.7+0.072%$83.6M$144.8M150xas long as short
OKX XAU-USDT-SWAP+0.0217%8h4,364.5+0.089%$164.3M$286.5M100xas long as short
BloFin XAU-USDT+0.0241%4h4,362.7+0.049%$15.4M$4.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,358.7−0.043%$594K$141K25xas long as short
Phemex XAUUSDT+0.0291%4h4,364.2+0.081%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,363.9+0.076%$254K111xas long as short
HTX XAU-USDT+0.0558%4h4,368+0.169%$2.9M$3.9M75xas long as short