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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0997%/8h= +109.2% APRnext payment +$4.99 per $10,000 · paid last 24h +0.085%
Price spread now: HTX against Variational Omni−0.010%7-day average +0.065% · 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 4 days (all we have)+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.010%, 7d avg +0.065%
Together, before fees+0.199%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.075% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.065%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$30 a day). At the pace of the last 4 days (+0.050% in total) that is about 5.5 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.050% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,313.80.0106pay 0.0053% / 4h3h 42m$46.8M$29.1M
ShortHTX XAU-USDT4,313.40.1103get 0.0551% / 4h3h 42m$3.2M$6.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$209.39
Price spread: −0.010% → +0.065%
−$7.46
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
$189.94
Costs to cover
0.120%
Break-even
0.7 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; HTX: 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 ago1.54 bpdoesn't fit1.5 bp −$153.0 bp −$296doesn't fit
Sell HTX live order book, 1 min ago0.01 bp10.2 bp −$1014.0 bp −$14021.7 bp −$2,17132.6 bp −$16.3K

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%4h4,309.8−0.093%$92K$6.8M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,302.1−0.273%$268K250xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,308.7−0.119%$32K25xas long as short
Extended XAU-USD+0.0032%1h4,301.5−0.286%$13.0M$36.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.848%$619$5452xas long as short
Bybit XAUUSDT+0.0037%4h4,307−0.158%$76.9M$157.3M150xas long as short
Vest GC-PERP+0.0046%1h4,338.4+0.569%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,305.8−0.186%$6.6M$3.2M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,302.7−0.258%$290.8M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,303.3−0.244%$4.3M$1.8M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,302.8−0.256%$15.0M$55.7M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,302−0.275%$2.0M$5.1M25xas long as short
Aster XAUUSD1+0.0057%4h4,307.9−0.138%$73.3M$271.8M20xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,305.6−0.192%$2K$13K5xas long as short
Lighter XAU+0.0080%1h4,305.2−0.201%$20.3M$28.7M25xas long as short
Lighter RH XAU+0.0088%1h4,307.6−0.144%$19.8M$39.7M25xas long as short
Phoenix GOLD+0.0095%1h4,305.5−0.193%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,302.2−0.269%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,305.9−0.184%$276K$218K50xas long as short
StandX XAU-USD+0.0104%1h4,309.6−0.098%$3.8M$4.5M40xas long as short
Variational Omni XAUlong+0.0106%4h4,313.8long leg$46.8M$29.1M
Kalshi KXGOLDPERP+0.0107%24h4,308.3−0.128%$3.7M$46.3M15xas long as short
Binance XAUUSDT+0.0108%4h4,306.1−0.180%$433.6M$2.22B100xas long as short
Gate XAU_USDT+0.0112%4h4,307.8−0.141%$295.4M$424.4M100xas long as short
MEXC XAU_USDT+0.0112%4h4,305.6−0.191%$360.9M$335.3M1000xas long as short
Aevo XAU-PERP+0.0112%1h4,305.6−0.191%$159K$8710xas long as short
edgeX XAUUSDC+0.0118%4h4,309.9−0.090%$30.0M$62.1M50xas long as short
GRVT XAU_USDT_Perp+0.0120%4h4,309.7−0.095%$1.4M$3.1M25xas long as short
RISEx XAU/USDC+0.0126%1h4,306.6−0.169%$4.4M$13.1M25xas long as short
Bitget XAUUSDT+0.0190%4h4,306−0.182%$70.2M$124.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0192%1h4,304.4−0.219%$134K$882K25xas long as short
Bullet GOLD-USD+0.0201%1h4,306.4−0.173%$58K$81K10xas long as short
OKX XAU-USDT-SWAP+0.0250%8h4,307.2−0.154%$170.2M$328.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,303.3−0.245%$572K$138K25xas long as short
BloFin XAU-USDT+0.0398%4h4,306.2−0.177%$16.1M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0314%1h4,306−0.181%$255K111xas long as short
Phemex XAUUSDT+0.0776%4h4,309.8−0.093%$2.2M$951K100xas long as short
HTX XAU-USDTshort+0.1103%4h4,313.4−0.010%$3.2M$6.2M75x
Bluefin GOLD-PERP+0.4251%1h4,345.1+0.723%$25K$1K20xas long as short