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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0031%/8h= +3.3% APRpaid last 24h +0.006%
Price spread now: Paradex against tradeXYZ+0.066%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 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.066% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GOLD4,354.90.0050pay 0.0006% / 1h25m 24s$294.2M$48.8M25x
ShortParadex XAU-USD-PERP4,357.80.0081get 0.0081% / 8h5h 25m$19K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$6.41
Price spread: +0.066% → 0.000%
$6.58
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.02
Costs to cover
0.220%
Break-even
16.9 days
Slippage unknown: tradeXYZ: live order book, 3 min ago; Paradex: 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, 3 min ago0.12 bp9.1 bp −$99.7 bp −$97doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
SunX XAU-USDT0.0000%4h4,361.9+0.160%$93K$9.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,354.4−0.011%$267K250xas long as short
Gate XAU_USDT+0.0008%4h4,359+0.093%$264.9M$412.5M100xas long as short
RISEx XAU/USDC+0.0010%1h4,357.7+0.065%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,354−0.020%$13.6M$38.9M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.103%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0039%24h4,354.7−0.005%$4.1M$37.0M15xas long as short
StandX XAU-USD+0.0040%1h4,356.7+0.041%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0043%4h4,358.6+0.084%$70.5M$333.9M20xas long as short
Vest GC-PERP+0.0046%1h4,391.4+0.838%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,355.8+0.021%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,352.2−0.062%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLDlong+0.0050%1h4,354.9long leg$294.2M$48.8M25x
Ondo Perps XAU-USD.P+0.0050%1h4,354.4−0.012%$15.1M$57.3M25xas long as short
GRVT XAU_USDT_Perp+0.0054%4h4,357.1+0.050%$1.4M$3.0M25xas long as short
Lighter XAU+0.0056%1h4,356.8+0.045%$20.7M$42.3M25xas long as short
Variational Omni XAU+0.0057%4h4,355.6+0.017%$48.3M$27.9Mas long as short
Lighter RH XAU+0.0064%1h4,359.1+0.096%$20.2M$39.7M25xas long as short
MEXC XAU_USDT+0.0074%4h4,358.4+0.080%$372.5M$318.8M1000xas long as short
Binance XAUUSDT+0.0074%4h4,358.3+0.077%$413.2M$2.10B100xas long as short
Paradex XAU-USD-PERPshort+0.0081%8h4,357.8+0.066%$19K$5K5x
edgeX XAUUSDC+0.0093%4h4,349.4−0.126%$30.3M$58.3M50xas long as short
Aevo XAU-PERP+0.0096%1h4,355.4+0.012%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,354.4−0.012%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,353.9−0.023%$275K$203K50xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0118%1h4,354.6−0.007%$258K$707K25xas long as short
Polymarket Perps GOLD-USD+0.0126%1h4,357.8+0.067%$4.3M$1.9M20xas long as short
Phemex XAUUSDT+0.0127%4h4,357.1+0.051%$2.2M$1.1M100xas long as short
Phoenix GOLD+0.0136%1h4,350.3−0.106%$47K$77K25xas long as short
Bybit XAUUSDT+0.0199%4h4,359.8+0.113%$84.6M$145.6M150xas long as short
Bullet GOLD-USD+0.0202%1h4,358.2+0.076%$60K$83K10xas long as short
Hotstuff GOLD-PERP+0.0208%1h4,352.9−0.046%$33K25xas long as short
Bitget XAUUSDT+0.0212%4h4,358.2+0.076%$70.3M$109.4M100xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,359.9+0.115%$165.1M$282.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,353.6−0.029%$594K$133K25xas long as short
BloFin XAU-USDT+0.0298%4h4,356+0.025%$15.5M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0401% / S −0.0213%1h4,358.4+0.080%$249K111xas long as short
HTX XAU-USDT+0.0566%4h4,362.3+0.170%$2.9M$4.2M75xas long as short
Bluefin GOLD-PERP+0.0580%1h4,349.5−0.124%$25K$14K20xas long as short