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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.006%
Price spread now: edgeX against Variational Omni−0.049%7-day average −0.100% · you buy dearer than you sell
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)+0.015%+$2 on $10k
Price spread, last 7 days+0.041%+$4 · spread now −0.049%, 7d avg −0.100%
Together, before fees+0.057%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.051% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.100%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,351.40.0055pay 0.0027% / 4h1h 12m$48.5M$27.9M
ShortedgeX XAUUSDC4,349.30.0079get 0.0040% / 4h1h 12m$30.3M$58.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
$5.14
Price spread: −0.049% → −0.100%
$5.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$1.29
Costs to cover
0.090%
Break-even
5.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; edgeX: live order book, 1 min ago. 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 Variational Omni RFQ quote, 2 min ago1.55 bpdoesn't fit1.6 bp −$164.4 bp −$443doesn't fit
Sell edgeX live order book, 1 min ago0.23 bp4.7 bp −$54.9 bp −$498.1 bp −$80735.1 bp −$17.5K

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
Gate XAU_USDT0.0000%4h4,350.6−0.020%$264.3M$415.5M100xas long as short
SunX XAU-USDT0.0000%4h4,354.8+0.078%$93K$9.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,346.7−0.110%$267K250xas long as short
RISEx XAU/USDC+0.0010%1h4,349−0.055%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,345.5−0.135%$13.5M$38.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.023%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0040%24h4,348.7−0.062%$4.1M$37.1M15xas long as short
StandX XAU-USD+0.0040%1h4,350.6−0.019%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0041%4h4,349.6−0.042%$70.6M$334.1M20xas long as short
Vest GC-PERP+0.0046%1h4,384+0.749%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,349.8−0.037%$5.7M$2.0M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,347.7−0.085%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,347−0.101%$293.8M$48.9M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,345.2−0.143%$15.1M$56.8M25xas long as short
GRVT XAU_USDT_Perp+0.0054%4h4,352.8+0.032%$1.4M$3.0M25xas long as short
Variational Omni XAUlong+0.0055%4h4,351.4long leg$48.5M$27.9M
Lighter XAU+0.0056%1h4,347.9−0.081%$20.6M$42.6M25xas long as short
Lighter RH XAU+0.0064%1h4,350.4−0.023%$20.1M$39.9M25xas long as short
MEXC XAU_USDT+0.0072%4h4,349.3−0.050%$372.6M$319.7M1000xas long as short
Binance XAUUSDT+0.0073%4h4,349.1−0.054%$410.4M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0078%8h4,349.1−0.052%$19K$5K5xas long as short
edgeX XAUUSDCshort+0.0079%4h4,349.3−0.049%$30.3M$58.6M50x
Hotstuff GOLD-PERP+0.0088%1h4,347.7−0.085%$33K25xas long as short
Aevo XAU-PERP+0.0096%1h4,349.8−0.037%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,346.4−0.115%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,351.1−0.008%$275K$203K50xas long as short
Polymarket Perps GOLD-USD+0.0117%1h4,350−0.033%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,350.4−0.023%$47K$77K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,348.8−0.060%$254K$752K25xas long as short
Bullet GOLD-USD+0.0193%1h4,350.6−0.018%$60K$83K10xas long as short
Phemex XAUUSDT+0.0194%4h4,354+0.059%$2.2M$1.1M100xas long as short
Bybit XAUUSDT+0.0201%4h4,350.6−0.019%$84.4M$145.3M150xas long as short
Bitget XAUUSDT+0.0214%4h4,349.3−0.049%$70.3M$109.5M100xas long as short
OKX XAU-USDT-SWAP+0.0256%8h4,350.4−0.023%$165.3M$283.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0270%1h4,347.8−0.084%$593K$133K25xas long as short
BloFin XAU-USDT+0.0294%4h4,350.7−0.016%$15.6M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0403% / S −0.0217%1h4,350.6−0.018%$248K111xas long as short
HTX XAU-USDT+0.0577%4h4,356.1+0.108%$2.9M$4.2M75xas long as short
Bluefin GOLD-PERP+0.0630%1h4,344.2−0.167%$25K$14K20xas long as short