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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against Vest−0.833%7-day average −0.918% · 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)+0.001%$0 on $10k
Price spread, last 7 days−0.045%−$4 · spread now −0.833%, 7d avg −0.918%
Together, before fees−0.044%+ Points / potential airdropVest: Active · Extended: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.085% dearer against Vest than usual: you sell high and buy low (spread −0.833% now, against its 7-day average of −0.918%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 21 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,388.50.0046pay 0.0006% / 1h30m 09s$1.0M25x
ShortExtended XAU-USD4,351.90.0032get 0.0004% / 1h30m 09s$13.6M$39.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$2.87
Price spread: −0.833% → −0.918%
$8.46
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$1.41
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago0.12 bp2.6 bp −$33.4 bp −$347.7 bp −$768doesn'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%4h4,359.8−0.654%$93K$9.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,351.9−0.834%$267K250xas long as short
Gate XAU_USDT+0.0006%4h4,357−0.718%$265.4M$411.2M100xas long as short
RISEx XAU/USDC+0.0010%1h4,354.8−0.768%$3.4M$12.4M25xas long as short
Extended XAU-USDshort+0.0032%1h4,351.9−0.833%$13.6M$39.3M25x
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.868%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0038%24h4,353.2−0.804%$4.1M$36.9M15xas long as short
StandX XAU-USD+0.0040%1h4,354.5−0.775%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0042%4h4,356−0.741%$70.5M$333.5M20xas long as short
Vest GC-PERPlong+0.0046%1h4,388.5long leg$1.0M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,353−0.809%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,350.6−0.864%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,352.2−0.827%$294.0M$48.7M25xas long as short
GRVT XAU_USDT_Perp+0.0050%4h4,352.3−0.825%$1.4M$3.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,351.6−0.841%$15.1M$57.5M25xas long as short
Lighter XAU+0.0056%1h4,354.6−0.772%$20.6M$42.2M25xas long as short
Variational Omni XAU+0.0057%4h4,353−0.810%$48.3M$27.8Mas long as short
Lighter RH XAU+0.0072%1h4,356.8−0.722%$20.1M$39.7M25xas long as short
MEXC XAU_USDT+0.0072%4h4,355.7−0.747%$372.7M$318.2M1000xas long as short
Binance XAUUSDT+0.0074%4h4,355.7−0.748%$413.0M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0082%8h4,355.3−0.756%$19K$5K5xas long as short
edgeX XAUUSDC+0.0092%4h4,347.3−0.939%$30.3M$58.9M50xas long as short
Aevo XAU-PERP+0.0096%1h4,354.4−0.777%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,351.8−0.836%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,348.5−0.912%$275K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,348−0.923%$25K$14K20xas long as short
Polymarket Perps GOLD-USD+0.0130%1h4,355.2−0.759%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,350.1−0.875%$47K$77K25xas long as short
Phemex XAUUSDT+0.0140%4h4,356−0.742%$2.2M$1.1M100xas long as short
Hotstuff GOLD-PERP+0.0144%1h4,350.2−0.873%$33K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0187%1h4,354.2−0.782%$258K$706K25xas long as short
Bybit XAUUSDT+0.0196%4h4,357.1−0.716%$84.5M$145.2M150xas long as short
Bitget XAUUSDT+0.0212%4h4,355.8−0.745%$70.2M$109.5M100xas long as short
Bullet GOLD-USD+0.0215%1h4,355.8−0.745%$59K$83K10xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,356.7−0.725%$165.0M$281.8M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,352.7−0.817%$594K$133K25xas long as short
BloFin XAU-USDT+0.0295%4h4,354.1−0.785%$15.5M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0404% / S −0.0215%1h4,355.8−0.745%$251K111xas long as short
HTX XAU-USDT+0.0564%4h4,360.3−0.642%$2.9M$4.2M75xas long as short