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= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.226%
Price spread now: Bluefin against Aevo−0.145%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bluefin is 0.145% cheaper against Aevo than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,346.50.0104pay 0.0013% / 1h7m 44s$161K$8710x
ShortBluefin GOLD-PERP4,340.20.0100get 0.0013% / 1h7m 44s$25K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Aevo. 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
−$0.84
Price spread: −0.145% → 0.000%
−$14.5
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$38.34
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 51 min ago; Bluefin: no order-book sample. 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 Aevo live order book, 51 min ago6.28 bp16.1 bp −$1627.9 bp −$279doesn't fitdoesn't fit
Sell Bluefin no order-book sample
Bluefin: 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%1h4,347+0.011%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,348.8+0.053%$266.6M$417.7M100xas long as short
SunX XAU-USDT0.0000%4h4,351.7+0.119%$92K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.9−0.082%$272K250xas long as short
Lighter XAU+0.0032%1h4,346.7+0.004%$20.8M$38.2M25xas long as short
Extended XAU-USD+0.0032%1h4,343.4−0.071%$13.2M$38.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.090%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,348.5+0.045%$20.1M$39.5M25xas long as short
StandX XAU-USD+0.0040%1h4,348.3+0.042%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,347+0.012%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,380.1+0.773%$1.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,344.8−0.039%$2.0M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0049%24h4,345.6−0.020%$4.2M$37.4M15xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,344.5−0.046%$293.9M$48.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,344.2−0.053%$15.1M$56.8M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,344.4−0.048%$33K25xas long as short
Aster XAUUSD1+0.0064%4h4,348.2+0.039%$71.3M$333.1M20xas long as short
Variational Omni XAU+0.0076%4h4,345.3−0.028%$48.4M$28.2Mas long as short
Paradex XAU-USD-PERP+0.0081%8h4,347.7+0.027%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0090%4h4,347+0.011%$1.4M$2.9M25xas long as short
MEXC XAU_USDT+0.0090%4h4,348.1+0.037%$372.7M$320.6M1000xas long as short
Binance XAUUSDT+0.0091%4h4,348.1+0.036%$413.9M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,344−0.057%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,343.3−0.074%$274K$203K50xas long as short
Bluefin GOLD-PERPshort+0.0100%1h4,340.2−0.145%$25K$14K20x
edgeX XAUUSDC+0.0101%4h4,342.2−0.098%$30.2M$58.0M50xas long as short
Aevo XAU-PERPlong+0.0104%1h4,346.5long leg$161K$8710x
Phoenix GOLD+0.0142%1h4,344.7−0.041%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0166%1h4,347.4+0.021%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0186%1h4,347.3+0.019%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,344.6−0.044%$592K$132K25xas long as short
Phemex XAUUSDT+0.0226%4h4,349.4+0.067%$2.2M$967K100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0233%1h4,345.8−0.016%$206K$825K25xas long as short
Bitget XAUUSDT+0.0234%4h4,348.5+0.046%$70.6M$109.4M100xas long as short
Bybit XAUUSDT+0.0240%4h4,349.2+0.061%$85.1M$145.4M150xas long as short
OKX XAU-USDT-SWAP+0.0300%8h4,349.1+0.060%$165.4M$282.0M100xas long as short
BloFin XAU-USDT+0.0330%4h4,347.7+0.028%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0418% / S −0.0240%1h4,347.2+0.016%$248K111xas long as short
HTX XAU-USDT+0.0616%4h4,351.3+0.110%$2.8M$4.6M75xas long as short