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+0.0066%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against Vest−0.765%7-day average −0.875% · 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)+0.051%+$5 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.765%, 7d avg −0.875%
Together, before fees+0.085%+ Points / potential airdropVest: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.110% dearer against Vest than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.875%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,377.40.0046pay 0.0006% / 1h20m 10s$1.0M25x
ShortAevo XAU-PERP4,343.90.0112get 0.0014% / 1h20m 10s$161K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Vest. 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
$13.93
Price spread: −0.765% → −0.875%
$11.04
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aevo: 8 bp × 2 orders
−$16
Net
$6.97
Costs to cover
0.180%
Break-even
3.5 days
Slippage unknown: Vest: no order-book sample; Aevo: live order book, 34 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 Vest no order-book sample
Sell Aevo live order book, 34 min ago5.96 bp15.8 bp −$1628.5 bp −$285doesn't fitdoesn't fit
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h4,349.4−0.640%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,340.7−0.837%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,345.1−0.737%$3.9M$12.4M25xas long as short
Bluefin GOLD-PERP+0.0018%1h4,338.3−0.894%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,340.8−0.836%$13.3M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.616%$619$5452xas long as short
Bybit XAUUSDT+0.0036%4h4,345.9−0.720%$79.9M$152.2M150xas long as short
StandX XAU-USD+0.0040%1h4,344.6−0.749%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,344.3−0.756%$5.6M$2.1M20xas long as short
Vest GC-PERPlong+0.0046%1h4,377.4long leg$1.0M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,341.3−0.825%$293.7M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,342.1−0.806%$15.0M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,342.1−0.806%$4.3M$37.5M15xas long as short
Lighter XAU+0.0056%1h4,343.7−0.769%$20.7M$34.7M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,341.4−0.822%$2.1M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0059%8h4,344.5−0.751%$19K$5K5xas long as short
Lighter RH XAU+0.0072%1h4,346.3−0.710%$20.2M$40.0M25xas long as short
Gate XAU_USDT+0.0092%4h4,346.3−0.711%$268.8M$417.4M100xas long as short
Aster XAUUSD1+0.0092%4h4,346.4−0.709%$71.5M$331.8M20xas long as short
Pacifica XAU+0.0100%1h4,341.2−0.827%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,340.6−0.842%$274K$203K50xas long as short
Hotstuff GOLD-PERP+0.0104%1h4,340.9−0.834%$33K25xas long as short
Variational Omni XAU+0.0104%4h4,343.9−0.765%$48.3M$27.5Mas long as short
Aevo XAU-PERPshort+0.0112%1h4,343.9−0.765%$161K$8710x
MEXC XAU_USDT+0.0118%4h4,344.9−0.742%$371.7M$320.5M1000xas long as short
Binance XAUUSDT+0.0118%4h4,344.9−0.743%$418.5M$2.09B100xas long as short
Phoenix GOLD+0.0136%1h4,340.5−0.843%$47K$77K25xas long as short
edgeX XAUUSDC+0.0137%4h4,338.4−0.890%$30.2M$58.2M50xas long as short
Phemex XAUUSDT+0.0165%4h4,347.7−0.680%$2.2M$967K100xas long as short
GRVT XAU_USDT_Perp+0.0204%4h4,341.2−0.828%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0212%1h4,345−0.740%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0214%1h4,344.6−0.749%$4.3M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,343.2−0.781%$205K$826K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,341.9−0.810%$592K$132K25xas long as short
Bitget XAUUSDT+0.0266%4h4,345.3−0.734%$71.0M$109.2M100xas long as short
OKX XAU-USDT-SWAP+0.0326%8h4,345.6−0.726%$167.2M$282.3M100xas long as short
BloFin XAU-USDT+0.0358%4h4,341.8−0.813%$15.7M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,345.2−0.737%$250K111xas long as short
HTX XAU-USDT+0.0547%4h4,348.2−0.667%$2.8M$4.6M75xas long as short