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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.1062%/8h= +116.3% APRpaid last 24h +0.099%
Price spread now: HTX against Vest−0.538%46s7-day average −0.801% · 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)+0.069%+$7 on $10k
Price spread, last 4 days (all we have)−0.105%−$10 · spread now −0.538%, 7d avg −0.801%
Together, before fees−0.036%+ Points / potential airdropVest: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and HTX is 0.263% dearer against Vest than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.801%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.069% in total (about 7.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,362.50.0046pay 0.0006% / 1h57m 23s$1.0M25x
ShortHTX XAU-USDT4,3390.1108get 0.0554% / 4h2h 57m$3.2M$7.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$223.07
Price spread: −0.538% → −0.801%
$26.26
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee HTX: 6 bp × 2 orders
−$12
Net
$235.34
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago0.01 bp9.4 bp −$911.7 bp −$11719.2 bp −$1,919doesn'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%4h4,333.7−0.660%$92K$6.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.7−0.730%$275K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,327.4−0.805%$2.0M$5.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.277%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,328.4−0.782%$6.6M$3.0M20xas long as short
Bluefin GOLD-PERP+0.0039%1h4,323.5−0.894%$25K$1K20xas long as short
StandX XAU-USD+0.0040%1h4,332.7−0.683%$3.8M$4.5M40xas long as short
Vest GC-PERPlong+0.0046%1h4,362.5long leg$1.0M25x
Hotstuff GOLD-PERP+0.0048%1h4,326.4−0.828%$32K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,325.9−0.839%$292.2M$55.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,325.5−0.848%$15.1M$57.3M25xas long as short
RISEx XAU/USDC+0.0056%1h4,330.3−0.737%$4.6M$13.6M25xas long as short
Paradex XAU-USD-PERP+0.0058%8h4,328.9−0.769%$2K$13K5xas long as short
Aster XAUUSD1+0.0059%4h4,330.8−0.728%$74.4M$272.9M20xas long as short
Extended XAU-USD+0.0080%1h4,325.4−0.850%$12.7M$35.8M25xas long as short
Lighter RH XAU+0.0088%1h4,330.9−0.724%$19.8M$38.5M25xas long as short
Variational Omni XAU+0.0093%4h4,332−0.700%$47.2M$30.1Mas long as short
Phoenix GOLD+0.0095%1h4,333.5−0.665%$43K$67K25xas long as short
Lighter XAU+0.0096%1h4,328.8−0.772%$20.2M$29.3M25xas long as short
Pacifica XAU+0.0100%1h4,325.7−0.844%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,330−0.745%$284K$232K50xas long as short
Gate XAU_USDT+0.0102%4h4,331.1−0.720%$299.3M$428.2M100xas long as short
Aevo XAU-PERP+0.0112%1h4,328.7−0.774%$160K$8710xas long as short
MEXC XAU_USDT+0.0114%4h4,329.4−0.759%$353.8M$347.6M1000xas long as short
Binance XAUUSDT+0.0115%4h4,329.5−0.755%$435.8M$2.35B100xas long as short
Polymarket Perps GOLD-USD+0.0120%1h4,328.9−0.770%$4.3M$1.7M20xas long as short
Kalshi KXGOLDPERP+0.0120%24h4,333.4−0.667%$3.5M$48.5M15xas long as short
edgeX XAUUSDC+0.0127%4h4,330.2−0.741%$30.3M$64.9M50xas long as short
GRVT XAU_USDT_Perp+0.0132%4h4,331.1−0.719%$1.4M$3.0M25xas long as short
Bybit XAUUSDT+0.0140%4h4,331−0.722%$81.6M$169.7M150xas long as short
Bullet GOLD-USD+0.0180%1h4,329.4−0.760%$58K$77K10xas long as short
Bitget XAUUSDT+0.0196%4h4,329.5−0.756%$71.9M$132.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0212%1h4,327.6−0.800%$134K$781K25xas long as short
OKX XAU-USDT-SWAP+0.0244%8h4,330.6−0.731%$170.9M$354.6M100xas long as short
Phemex XAUUSDT+0.0304%4h4,333.9−0.656%$2.2M$961K100xas long as short
BloFin XAU-USDT+0.0356%4h4,332.2−0.695%$16.2M$5.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0411%1h4,326.6−0.822%$582K$150K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0313%1h4,332.8−0.682%$256K111xas long as short
HTX XAU-USDTshort+0.1108%4h4,339−0.538%$3.2M$7.0M75x