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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment $0.12 per $10,000 · paid last 24h −0.022%
Price spread now: Gate against Variational Omni+0.039%7-day average +0.032% · 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)−0.035%−$3 on $10k
Price spread, last 7 days+0.021%+$2 · spread now +0.039%, 7d avg +0.032%
Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,341.10.0083pay 0.0041% / 4h3h 55m$48.4M$27.6M
ShortGate XAU_USDT4,342.80.0058get 0.0029% / 4h3h 55m$266.9M$408.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$5.21
Price spread: +0.039% → +0.032%
$0.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$19.56
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Gate: live order book, 3 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, 3 min ago1.54 bpdoesn't fit1.5 bp −$154.0 bp −$396doesn't fit
Sell Gate live order book, 3 min ago0.01 bp7.5 bp −$88.9 bp −$8913.1 bp −$1,31014.3 bp −$7,161

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
Hotstuff GOLD-PERP0.0000%1h4,337.9−0.074%$33K25xas long as short
SunX XAU-USDT0.0000%4h4,346+0.114%$92K$8.8M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,337.4−0.085%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,340−0.026%$3.5M$12.3M25xas long as short
Extended XAU-USD+0.0032%1h4,336.7−0.101%$13.2M$38.0M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.215%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,342.3+0.028%$20.1M$39.0M25xas long as short
StandX XAU-USD+0.0040%1h4,345+0.090%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,339.5−0.037%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,374.3+0.765%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,338.5−0.060%$293.4M$48.8M25xas long as short
Kalshi KXGOLDPERP+0.0050%24h4,337.6−0.081%$4.3M$37.4M15xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,337−0.095%$15.1M$56.7M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.3−0.041%$2.1M$4.8M25xas long as short
Gate XAU_USDTshort+0.0058%4h4,342.8+0.039%$266.9M$408.9M100x
Lighter XAU+0.0064%1h4,340−0.025%$20.8M$34.3M25xas long as short
Aster XAUUSD1+0.0071%4h4,341.9+0.019%$71.3M$332.5M20xas long as short
Paradex XAU-USD-PERP+0.0081%8h4,339.8−0.029%$19K$5K5xas long as short
Variational Omni XAUlong+0.0083%4h4,341.1long leg$48.4M$27.6M
MEXC XAU_USDT+0.0094%4h4,341.2+0.003%$369.6M$316.5M1000xas long as short
Binance XAUUSDT+0.0096%4h4,341.1+0.001%$413.7M$2.09B100xas long as short
edgeX XAUUSDC+0.0099%4h4,342.1+0.024%$30.2M$57.9M50xas long as short
Pacifica XAU+0.0100%1h4,337.1−0.092%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,342.9+0.042%$274K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,335−0.141%$25K$14K20xas long as short
Aevo XAU-PERP+0.0104%1h4,340.1−0.024%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,342.5+0.032%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0204%1h4,341.4+0.007%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0207%1h4,341.9+0.018%$59K$82K10xas long as short
Bybit XAUUSDT+0.0219%4h4,342.3+0.027%$85.0M$145.3M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,339.7−0.032%$205K$825K25xas long as short
Bitget XAUUSDT+0.0238%4h4,341.6+0.010%$71.0M$109.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,338.4−0.063%$592K$132K25xas long as short
GRVT XAU_USDT_Perp+0.0306%4h4,345.5+0.101%$1.4M$2.9M25xas long as short
OKX XAU-USDT-SWAP+0.0308%8h4,342.7+0.037%$165.7M$281.7M100xas long as short
BloFin XAU-USDT+0.0341%4h4,342.9+0.040%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0424% / S −0.0248%1h4,341.9+0.018%$250K111xas long as short
HTX XAU-USDT+0.0575%4h4,345.7+0.107%$2.8M$4.6M75xas long as short
Phemex XAUUSDT+0.1160%4h4,344.8+0.086%$2.2M$967K100xas long as short