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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0101%/8h= −11.0% APRnext payment $0.13 per $10,000 · paid last 24h −0.035%
Price spread now: gTrade (Gains Network) against Aevo−0.068%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$2982.978% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.091%−$9 on $10k
Price spread, last 3 days (all we have)−0.071%−$7 · spread now −0.068%, 7d avg −0.082%
Together, before fees−0.162%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.082%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,354.40.0104pay 0.0013% / 1h37m 38s$161K$8710x
ShortgTrade (Gains Network) XAU/USD4,351.4L +0.0002% / S −0.0003%get 0.0000% / 1h37m 38s$269K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21.17
Price spread: −0.068% → −0.082%
$1.43
Slippage, 4 orders
−$274.77
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$317.5
Costs to cover
2.978%
Break-even
never at this rate
Slippage from Aevo: live order book, 31 min ago; gTrade (Gains Network): virtual book (oracle venue), 61 min ago.

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, 31 min ago6.00 bp15.2 bp −$1526.7 bp −$267doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 61 min ago130.01 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn't fit

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−0.0323%1h4,348.4−0.137%$25K$14K20xas long as short
Aster XAUUSD10.0000%4h4,354.9+0.011%$69.7M$292.1M20xas long as short
Gate XAU_USDT0.0000%4h4,357.2+0.064%$263.1M$407.9M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,353.9−0.011%$4.1M$36.5M15xas long as short
SunX XAU-USDT0.0000%4h4,360+0.129%$93K$9.7M20xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,351.4−0.068%$269K250x
Extended XAU-USD+0.0032%1h4,351.7−0.062%$13.6M$43.0M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,352.8−0.036%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.091%$619$5452xas long as short
Lighter XAU+0.0040%1h4,354.7+0.008%$20.6M$43.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0040%1h4,356+0.037%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,388.2+0.777%$1.0M25xas long as short
Lighter RH XAU+0.0048%1h4,357.1+0.062%$20.1M$40.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,352.8−0.036%$294.0M$48.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,352.7−0.038%$15.0M$57.7M25xas long as short
QFEX GOLD-USD+0.0051%1h4,354.8+0.010%$5.6M$1.9M20xas long as short
Polymarket Perps GOLD-USD+0.0060%1h4,353−0.032%$4.3M$1.9M20xas long as short
Variational Omni XAU+0.0061%4h4,355.7+0.031%$48.3M$28.4Mas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,350.9−0.080%$2.0M$5.0M25xas long as short
edgeX XAUUSDC+0.0084%4h4,350.2−0.096%$30.3M$60.6M50xas long as short
Paradex XAU-USD-PERP+0.0084%8h4,355.6+0.029%$19K$5K5xas long as short
MEXC XAU_USDT+0.0084%4h4,355.8+0.032%$372.3M$321.6M1000xas long as short
Binance XAUUSDT+0.0086%4h4,354−0.009%$409.2M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,352.4−0.045%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,353.9−0.012%$275K$204K50xas long as short
Aevo XAU-PERPlong+0.0104%1h4,354.4long leg$161K$8710x
Phoenix GOLD+0.0121%1h4,354.7+0.008%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,355.3+0.020%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0136%4h4,357.5+0.071%$1.4M$2.9M25xas long as short
Bitget XAUUSDT+0.0150%4h4,354.5+0.003%$69.2M$109.7M100xas long as short
Bullet GOLD-USD+0.0158%1h4,355.4+0.024%$59K$83K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,353.7−0.015%$234K$661K25xas long as short
Bybit XAUUSDT+0.0185%4h4,355.2+0.019%$84.1M$143.6M150xas long as short
OKX XAU-USDT-SWAP+0.0225%8h4,355.8+0.033%$164.9M$284.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,352.7−0.039%$594K$141K25xas long as short
BloFin XAU-USDT+0.0286%4h4,364.8+0.239%$15.5M$4.6M100xas long as short
Phemex XAUUSDT+0.0368%4h4,359.7+0.121%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,355.3+0.021%$253K111xas long as short
HTX XAU-USDT+0.0527%4h4,359.5+0.118%$2.9M$3.9M75xas long as short