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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: StandX against tradeXYZ+0.092%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.008%−$1 · spread now +0.092%, 7d avg +0.105%
Together, before fees−0.042%+ Points / potential airdroptradeXYZ: Active · StandX: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GOLD4,331.50.0050pay 0.0006% / 1h43m 02s$292.4M$51.6M25x
ShortStandX XAU-USD4,335.50.0040get 0.0005% / 1h43m 02s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$2.1
Price spread: +0.092% → +0.105%
−$1.25
Slippage, 4 orders
−$6.11
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee StandX: 4 bp × 2 orders
−$8
Net
−$35.46
Costs to cover
0.321%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; StandX: live order book, 4 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 tradeXYZ live order book, 10 min ago0.12 bp9.1 bp −$99.3 bp −$9311.5 bp −$1,153doesn't fit
Sell StandX live order book, 4 min ago2.08 bp7.6 bp −$88.5 bp −$8510.5 bp −$1,04911.8 bp −$5,878

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−3.2000%1h4,318.3−0.305%$32K25xas long as short
Bluefin GOLD-PERP−0.0008%1h4,328.2−0.075%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,339.1+0.176%$92K$5.9M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,330.6−0.021%$2.1M$5.1M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,331.8+0.007%$304K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.437%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,335.5+0.092%$3.8M$4.5M40x
QFEX GOLD-USD+0.0041%1h4,333.9+0.055%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,368.3+0.850%$1.0M25xas long as short
tradeXYZ xyz:GOLDlong+0.0050%1h4,331.5long leg$292.4M$51.6M25x
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit GOLD_USDC-PERPETUAL+0.0050%1h4,333.5+0.046%$135K$707K25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,330.2−0.030%$15.1M$59.5M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,334.5+0.070%$2K$13K5xas long as short
Aster XAUUSD1+0.0054%4h4,336.2+0.107%$72.3M$276.0M20xas long as short
Variational Omni XAU+0.0074%4h4,333.5+0.047%$47.3M$29.2Mas long as short
Gate XAU_USDT+0.0076%4h4,336.4+0.112%$298.2M$445.1M100xas long as short
Polymarket Perps GOLD-USD+0.0077%1h4,334.6+0.072%$4.3M$1.7M20xas long as short
Lighter XAU+0.0080%1h4,334.4+0.067%$20.2M$30.4M25xas long as short
Lighter RH XAU+0.0088%1h4,336.6+0.118%$19.7M$40.0M25xas long as short
Binance XAUUSDT+0.0092%4h4,334.7+0.073%$441.7M$2.43B100xas long as short
MEXC XAU_USDT+0.0094%4h4,334.7+0.074%$367.1M$353.3M1000xas long as short
GRVT XAU_USDT_Perp+0.0094%4h4,336.8+0.122%$1.4M$3.1M25xas long as short
Pacifica XAU+0.0100%1h4,331.2−0.008%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,334+0.058%$284K$223K50xas long as short
Aevo XAU-PERP+0.0104%1h4,333.6+0.049%$160K$8710xas long as short
edgeX XAUUSDC+0.0108%4h4,330.5−0.024%$30.3M$67.7M50xas long as short
Extended XAU-USD+0.0120%1h4,331.1−0.009%$12.5M$34.6M25xas long as short
Bybit XAUUSDT+0.0122%4h4,336.2+0.109%$82.8M$172.1M150xas long as short
Phoenix GOLD+0.0127%1h4,333.2+0.039%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0137%24h4,335.8+0.099%$3.5M$51.1M15xas long as short
Bullet GOLD-USD+0.0163%1h4,334.6+0.072%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,334.8+0.076%$4.7M$13.2M25xas long as short
Bitget XAUUSDT+0.0210%4h4,335+0.080%$72.8M$139.5M100xas long as short
Phemex XAUUSDT+0.0227%4h4,337.8+0.145%$2.3M$772K100xas long as short
OKX XAU-USDT-SWAP+0.0237%8h4,336+0.104%$170.8M$361.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,331.50.000%$583K$169K25xas long as short
BloFin XAU-USDT+0.0334%4h4,334.6+0.072%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,334.6+0.072%$253K111xas long as short
HTX XAU-USDT+0.1073%4h4,341.1+0.222%$3.2M$7.1M75xas long as short