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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: QFEX against Vest−0.765%7-day average −0.868% · 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)−0.028%−$3 on $10k
Price spread, last 7 days−0.105%−$10 · spread now −0.765%, 7d avg −0.868%
Together, before fees−0.133%+ Points / potential airdropVest: Active · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.103% dearer against Vest than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.868%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,381.60.0046pay 0.0006% / 1h38m 57s$1.1M25x
ShortQFEX GOLD-USD4,348.10.0041get 0.0005% / 1h38m 57s$5.7M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$0.92
Price spread: −0.765% → −0.868%
$10.35
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$2.58
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 10 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 QFEX live order book, 10 min ago2.53 bp7.5 bp −$87.5 bp −$7510.2 bp −$1,020doesn'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
RISEx XAU/USDC0.0000%1h4,348−0.767%$3.4M$12.3M25xas long as short
SunX XAU-USDT0.0000%4h4,352.7−0.659%$92K$9.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,344.1−0.857%$271K250xas long as short
Gate XAU_USDT+0.0014%4h4,349.8−0.726%$267.8M$411.0M100xas long as short
Lighter XAU+0.0032%1h4,347.6−0.775%$20.8M$37.8M25xas long as short
Extended XAU-USD+0.0032%1h4,344.5−0.847%$13.3M$38.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.712%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,348.8−0.749%$20.1M$39.2M25xas long as short
StandX XAU-USD+0.0040%1h4,350.1−0.719%$3.8M$4.6M40xas long as short
QFEX GOLD-USDshort+0.0041%1h4,348.1−0.765%$5.7M$2.0M20x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP+0.0044%24h4,346.5−0.801%$4.2M$37.1M15xas long as short
Vest GC-PERPlong+0.0046%1h4,381.6long leg$1.1M25x
Coinbase International GOLD-PERP-INTX+0.0048%1h4,345.7−0.819%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,345.1−0.833%$293.8M$48.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,345.1−0.834%$15.1M$56.7M25xas long as short
Aster XAUUSD1+0.0064%4h4,349.6−0.730%$71.0M$333.7M20xas long as short
Variational Omni XAU+0.0079%4h4,348.9−0.746%$48.4M$27.7Mas long as short
Hotstuff GOLD-PERP+0.0080%1h4,344.9−0.838%$33K25xas long as short
GRVT XAU_USDT_Perp+0.0086%4h4,349.1−0.742%$1.4M$3.0M25xas long as short
Paradex XAU-USD-PERP+0.0086%8h4,348.3−0.760%$19K$5K5xas long as short
MEXC XAU_USDT+0.0092%4h4,348.5−0.756%$372.1M$317.0M1000xas long as short
Binance XAUUSDT+0.0094%4h4,349.1−0.743%$414.4M$2.09B100xas long as short
Pacifica XAU+0.0100%1h4,345.3−0.828%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,345.6−0.822%$275K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,347.6−0.777%$161K$8710xas long as short
edgeX XAUUSDC+0.0105%4h4,345−0.835%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0142%1h4,346.8−0.794%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0158%1h4,348−0.767%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,345.3−0.827%$593K$133K25xas long as short
Phemex XAUUSDT+0.0209%4h4,351.5−0.687%$2.2M$967K100xas long as short
Bullet GOLD-USD+0.0209%1h4,348.6−0.752%$60K$82K10xas long as short
Bitget XAUUSDT+0.0232%4h4,349.4−0.734%$70.0M$109.2M100xas long as short
Bybit XAUUSDT+0.0238%4h4,350.4−0.711%$85.0M$144.8M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0256%1h4,346.6−0.799%$243K$788K25xas long as short
OKX XAU-USDT-SWAP+0.0283%8h4,350.3−0.714%$165.6M$281.8M100xas long as short
BloFin XAU-USDT+0.0343%4h4,348.5−0.755%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0413% / S −0.0229%1h4,348.1−0.764%$248K111xas long as short
Bluefin GOLD-PERP+0.0551%1h4,342.6−0.891%$25K$14K20xas long as short
HTX XAU-USDT+0.0629%4h4,353.6−0.640%$2.9M$4.3M75xas long as short