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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h +0.031%
Price spread now: Polymarket Perps against Vest−0.753%7-day average −0.904% · 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)+0.032%+$3 on $10k
Price spread, last 7 days−0.154%−$15 · spread now −0.753%, 7d avg −0.904%
Together, before fees−0.121%+ Points / potential airdropVest: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.151% dearer against Vest than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.904%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,3830.0046pay 0.0006% / 1h49m 56s$1.0M25x
ShortPolymarket Perps GOLD-USD4,3500.0172get 0.0022% / 1h49m 56s$4.3M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$26.63
Price spread: −0.753% → −0.904%
$15.09
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$31.72
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Polymarket Perps: 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 Polymarket Perps live order book, 4 min ago0.12 bp4.7 bp −$55.1 bp −$515.9 bp −$588doesn'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
Bluefin GOLD-PERP−0.0095%1h4,344.4−0.880%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,354.6−0.649%$93K$8.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,345.9−0.846%$272K250xas long as short
Extended XAU-USD+0.0032%1h4,346.1−0.843%$13.2M$37.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.743%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,351.4−0.721%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,348.9−0.778%$5.5M$2.1M20xas long as short
Vest GC-PERPlong+0.0046%1h4,383long leg$1.0M25x
Hotstuff GOLD-PERP+0.0048%1h4,346.6−0.830%$33K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,346.5−0.833%$293.7M$49.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,346.6−0.830%$15.1M$56.7M25xas long as short
Kalshi KXGOLDPERP+0.0054%24h4,348.8−0.780%$4.2M$39.4M15xas long as short
RISEx XAU/USDC+0.0054%1h4,350.9−0.734%$3.7M$12.6M25xas long as short
Lighter XAU+0.0056%1h4,348.9−0.779%$20.7M$30.3M25xas long as short
Bybit XAUUSDT+0.0068%4h4,350.9−0.732%$80.2M$151.7M150xas long as short
Paradex XAU-USD-PERP+0.0071%8h4,350.2−0.748%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,347.9−0.801%$2.1M$4.7M25xas long as short
Gate XAU_USDT+0.0080%4h4,351.8−0.713%$271.5M$396.5M100xas long as short
Pacifica XAU+0.0100%1h4,346.5−0.832%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,344.6−0.876%$274K$203K50xas long as short
Aster XAUUSD1+0.0107%4h4,352−0.708%$71.6M$331.2M20xas long as short
Variational Omni XAU+0.0108%4h4,349.5−0.765%$48.5M$27.6Mas long as short
Lighter RH XAU+0.0112%1h4,351.5−0.719%$20.1M$38.1M25xas long as short
Aevo XAU-PERP+0.0112%1h4,349−0.777%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,350−0.753%$370.1M$317.5M1000xas long as short
Binance XAUUSDT+0.0119%4h4,350−0.753%$419.4M$2.09B100xas long as short
GRVT XAU_USDT_Perp+0.0126%4h4,346.5−0.834%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0127%1h4,344.5−0.878%$47K$77K25xas long as short
edgeX XAUUSDC+0.0127%4h4,342.6−0.923%$30.2M$58.0M50xas long as short
Bullet GOLD-USD+0.0159%1h4,350.1−0.750%$59K$82K10xas long as short
Polymarket Perps GOLD-USDshort+0.0172%1h4,350−0.753%$4.3M$2.0M20x
Deribit GOLD_USDC-PERPETUAL+0.0187%1h4,348.7−0.783%$203K$821K25xas long as short
Phemex XAUUSDT+0.0196%4h4,352.7−0.691%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0246%1h4,347.1−0.819%$591K$130K25xas long as short
Bitget XAUUSDT+0.0278%4h4,350.5−0.742%$71.5M$108.3M100xas long as short
HTX XAU-USDT+0.0297%4h4,351.8−0.712%$2.8M$4.6M75xas long as short
OKX XAU-USDT-SWAP+0.0335%8h4,351.3−0.723%$168.0M$282.5M100xas long as short
BloFin XAU-USDT+0.0361%4h4,349.3−0.770%$15.8M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,350−0.753%$251K111xas long as short