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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.001%
Price spread now: Gate against Vest−0.724%49s7-day average −0.794% · 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)−0.020%−$2 on $10k
Price spread, last 7 days−0.065%−$7 · spread now −0.724%, 7d avg −0.794%
Together, before fees−0.085%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.070% dearer against Vest than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.794%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,371.70.0046pay 0.0006% / 1h52m 33s$1.0M25x
ShortGate XAU_USDT4,340.10.0094get 0.0047% / 4h1h 52m$300.5M$441.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$10.15
Price spread: −0.724% → −0.794%
$7.05
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$0.19
Costs to cover
0.170%
Break-even
6.9 days
Slippage unknown: Vest: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago0.01 bp7.5 bp −$88.1 bp −$8113.3 bp −$1,33422.2 bp −$11.1K
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 exchanges

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-PERP−3.0304%1h4,318.3−1.221%$32K25xas long as short
Bluefin GOLD-PERP−0.0043%1h4,332.3−0.901%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,342−0.679%$92K$6.0M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,332.3−0.901%$2.1M$5.3M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,334.1−0.861%$274K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.487%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,341.5−0.691%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,337.6−0.780%$6.7M$3.2M20xas long as short
Vest GC-PERPlong+0.0046%1h4,371.7long leg$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,335.2−0.835%$292.7M$51.5M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,334.6−0.848%$15.1M$59.1M25xas long as short
Paradex XAU-USD-PERP+0.0055%8h4,338.1−0.769%$2K$13K5xas long as short
Aster XAUUSD1+0.0066%4h4,340.4−0.717%$72.6M$275.9M20xas long as short
Polymarket Perps GOLD-USD+0.0073%1h4,336.8−0.798%$4.3M$1.7M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0073%1h4,336.9−0.796%$135K$707K25xas long as short
Variational Omni XAU+0.0087%4h4,337.4−0.784%$47.3M$29.2Mas long as short
Gate XAU_USDTshort+0.0094%4h4,340.1−0.724%$300.5M$441.8M100x
Lighter XAU+0.0096%1h4,338.4−0.762%$20.2M$30.3M25xas long as short
Lighter RH XAU+0.0096%1h4,340.2−0.720%$19.6M$39.7M25xas long as short
Pacifica XAU+0.0100%1h4,334.8−0.843%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,337.3−0.787%$285K$223K50xas long as short
Binance XAUUSDT+0.0101%4h4,338.6−0.756%$443.9M$2.43B100xas long as short
MEXC XAU_USDT+0.0102%4h4,338.2−0.767%$367.9M$351.6M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,337.2−0.790%$161K$8710xas long as short
GRVT XAU_USDT_Perp+0.0106%4h4,340.9−0.705%$1.4M$3.1M25xas long as short
edgeX XAUUSDC+0.0115%4h4,333.8−0.868%$30.3M$67.1M50xas long as short
Phoenix GOLD+0.0127%1h4,334.6−0.849%$43K$71K25xas long as short
Bybit XAUUSDT+0.0128%4h4,340.3−0.718%$82.7M$173.3M150xas long as short
Extended XAU-USD+0.0128%1h4,334.8−0.845%$12.5M$34.5M25xas long as short
Kalshi KXGOLDPERP+0.0135%24h4,340.3−0.718%$3.5M$51.0M15xas long as short
Bullet GOLD-USD+0.0183%1h4,338.1−0.769%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,338.9−0.750%$4.7M$13.3M25xas long as short
Phemex XAUUSDT+0.0212%4h4,340−0.725%$2.3M$784K100xas long as short
Bitget XAUUSDT+0.0216%4h4,339−0.749%$73.0M$139.4M100xas long as short
OKX XAU-USDT-SWAP+0.0240%8h4,339.4−0.739%$170.6M$361.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,334.5−0.850%$584K$167K25xas long as short
BloFin XAU-USDT+0.0345%4h4,338.2−0.765%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,337.9−0.773%$254K111xas long as short
HTX XAU-USDT+0.1096%4h4,344.7−0.617%$3.2M$7.1M75xas long as short