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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.031%
Price spread now: Bullet against Vest−0.758%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Bullet is 0.758% cheaper against Vest than usual: you would sell low and buy high (spread −0.758% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$76 on $10k: about 15 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,396.20.0046pay 0.0006% / 1h2m 52s$1.0M25x
ShortBullet GOLD-USD4,362.90.0213get 0.0027% / 1h2m 52s$59K$82K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$35.16
Price spread: −0.758% → 0.000%
−$75.78
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$50.63
Costs to cover
0.100%
Break-even
17.1 days
Slippage unknown: Vest: no order-book sample; Bullet: no order-book sample. 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 Bullet no order-book sample
Vest and Bullet: 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
Aster XAUUSD10.0000%4h4,364−0.734%$69.9M$225.5M20xas long as short
Gate XAU_USDT0.0000%4h4,364−0.732%$265.0M$422.9M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,359.9−0.826%$4.0M$36.7M15xas long as short
SunX XAU-USDT0.0000%4h4,367.2−0.659%$93K$10.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,358.1−0.866%$269K250xas long as short
Variational Omni XAU+0.0029%4h4,362.2−0.774%$48.4M$28.5Mas long as short
Extended XAU-USD+0.0032%1h4,358.9−0.849%$13.5M$43.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−1.041%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,363.5−0.744%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,362.7−0.762%$5.6M$1.9M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERPlong+0.0046%1h4,396.2long leg$1.0M25x
RISEx XAU/USDC+0.0048%1h4,363−0.755%$3.4M$12.3M25xas long as short
MEXC XAU_USDT+0.0048%4h4,363−0.754%$373.2M$331.4M1000xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,359.2−0.842%$294.0M$51.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,358.9−0.850%$14.8M$57.3M25xas long as short
Binance XAUUSDT+0.0052%4h4,363.3−0.748%$411.7M$2.15B100xas long as short
Phoenix GOLD+0.0055%1h4,359.6−0.833%$48K$64K25xas long as short
edgeX XAUUSDC+0.0062%4h4,356−0.915%$30.3M$60.4M50xas long as short
Lighter XAU+0.0072%1h4,361.3−0.793%$20.6M$44.5M25xas long as short
Paradex XAU-USD-PERP+0.0086%8h4,362.7−0.762%$19K$5K5xas long as short
Hotstuff GOLD-PERP+0.0088%1h4,359.4−0.837%$33K25xas long as short
Lighter RH XAU+0.0088%1h4,363.7−0.739%$20.2M$41.4M25xas long as short
Aevo XAU-PERP+0.0096%1h4,361.7−0.785%$162K$8710xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,359.8−0.828%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,359.6−0.833%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,359.4−0.837%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,355−0.938%$26K$22K20xas long as short
Bitget XAUUSDT+0.0102%4h4,363−0.754%$69.0M$112.1M100xas long as short
Polymarket Perps GOLD-USD+0.0118%1h4,361.6−0.787%$4.3M$1.8M20xas long as short
GRVT XAU_USDT_Perp+0.0142%4h4,362.6−0.764%$1.4M$3.1M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0186%1h4,360.5−0.812%$235K$658K25xas long as short
Bybit XAUUSDT+0.0197%4h4,364−0.733%$83.8M$144.8M150xas long as short
BloFin XAU-USDT+0.0207%4h4,362.7−0.761%$15.4M$4.6M100xas long as short
Bullet GOLD-USDshort+0.0213%1h4,362.9−0.758%$59K$82K10x
OKX XAU-USDT-SWAP+0.0214%8h4,364.2−0.728%$164.2M$288.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,360.2−0.820%$595K$141K25xas long as short
Phemex XAUUSDT+0.0290%4h4,363.8−0.737%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0393% / S −0.0199%1h4,362.4−0.768%$254K111xas long as short
HTX XAU-USDT+0.0555%4h4,367.4−0.656%$2.9M$3.9M75xas long as short