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−0.0079%/8h= −8.6% APRpaid last 24h −0.032%
Price spread now: gTrade (Gains Network) against Variational Omni−0.100%7-day average −0.096% · 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)−0.050%−$5 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.100%, 7d avg −0.096%
Together, before fees+0.017%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.096%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,340.80.0082pay 0.0041% / 4h3h 49m$48.4M$27.6M
ShortgTrade (Gains Network) XAU/USD4,336.5L +0.0002% / S −0.0003%get 0.0000% / 1h49m 07s$271K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$16.5
Price spread: −0.100% → −0.096%
−$0.37
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$23.87
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 35 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, 5 min ago1.54 bpdoesn't fit1.8 bp −$185.5 bp −$551doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 35 min ago130.01 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn't fit

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%4h4,345.2+0.101%$92K$8.7M20xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,336.5−0.100%$271K250x
RISEx XAU/USDC+0.0005%1h4,340−0.019%$3.5M$12.2M25xas long as short
Bluefin GOLD-PERP+0.0013%1h4,335.2−0.128%$25K$14K20xas long as short
Lighter RH XAU+0.0032%1h4,340.9+0.002%$20.1M$39.2M25xas long as short
Extended XAU-USD+0.0032%1h4,336.6−0.097%$13.3M$37.9M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.221%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,343+0.050%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,338.9−0.044%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,373.6+0.755%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,337.2−0.083%$293.3M$49.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,337.2−0.084%$15.1M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,338.1−0.063%$4.3M$37.5M15xas long as short
Bybit XAUUSDT+0.0053%4h4,341.2+0.009%$80.6M$150.5M150xas long as short
Lighter XAU+0.0056%1h4,339.1−0.039%$20.8M$34.4M25xas long as short
Gate XAU_USDT+0.0056%4h4,341.7+0.021%$267.5M$411.3M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.4−0.033%$2.1M$4.8M25xas long as short
Hotstuff GOLD-PERP+0.0064%1h4,338.2−0.060%$33K25xas long as short
Aster XAUUSD1+0.0073%4h4,341.7+0.020%$71.4M$332.5M20xas long as short
Paradex XAU-USD-PERP+0.0081%8h4,340.6−0.004%$19K$5K5xas long as short
Variational Omni XAUlong+0.0082%4h4,340.8long leg$48.4M$27.6M
MEXC XAU_USDT+0.0096%4h4,340.4−0.009%$372.4M$317.3M1000xas long as short
Binance XAUUSDT+0.0098%4h4,340.6−0.006%$414.8M$2.09B100xas long as short
Pacifica XAU+0.0100%1h4,337.2−0.083%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,339.2−0.038%$274K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,339.9−0.021%$161K$8710xas long as short
edgeX XAUUSDC+0.0112%4h4,336.5−0.099%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0136%1h4,338.3−0.058%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0144%4h4,341+0.004%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0210%1h4,341.1+0.006%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0211%1h4,338.8−0.046%$205K$826K25xas long as short
Polymarket Perps GOLD-USD+0.0214%1h4,341.1+0.007%$4.3M$2.0M20xas long as short
Bitget XAUUSDT+0.0242%4h4,341.1+0.006%$71.0M$109.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,337.8−0.071%$592K$132K25xas long as short
Phemex XAUUSDT+0.0269%4h4,343.4+0.059%$2.2M$967K100xas long as short
OKX XAU-USDT-SWAP+0.0314%8h4,342.1+0.030%$166.1M$281.2M100xas long as short
BloFin XAU-USDT+0.0349%4h4,341.7+0.021%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0251%1h4,341+0.004%$250K111xas long as short
HTX XAU-USDT+0.0520%4h4,346+0.119%$2.8M$4.6M75xas long as short