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+0.0169%/8h= +18.5% APRnext payment +$0.85 per $10,000 · paid last 24h +0.030%
Price spread now: Bitget against Aster−0.003%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 7 days−0.003%$0 · spread now −0.003%, 7d avg +0.004%
Together, before fees+0.084%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,354.20.0043pay 0.0021% / 4h1h 28m$70.5M$333.7M20x
ShortBitget XAUUSDT4,354.10.0212get 0.0106% / 4h1h 28m$70.2M$109.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$35.53
Price spread: −0.003% → +0.004%
−$0.61
Slippage, 4 orders
−$0.18
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
$14.74
Costs to cover
0.202%
Break-even
4.1 days
Slippage from Aster: live order book, 5 min ago; Bitget: live order book, 5 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 Aster live order book, 5 min ago0.01 bp4.0 bp −$44.0 bp −$4013.0 bp −$1,298doesn't fit
Sell Bitget live order book, 5 min ago0.01 bp6.0 bp −$67.5 bp −$7512.8 bp −$1,278doesn'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
SunX XAU-USDT0.0000%4h4,358.8+0.105%$93K$9.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,350.1−0.096%$267K250xas long as short
Gate XAU_USDT+0.0006%4h4,355.2+0.022%$265.0M$411.5M100xas long as short
RISEx XAU/USDC+0.0010%1h4,353.2−0.025%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,349.9−0.101%$13.6M$39.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.088%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0039%24h4,352.3−0.045%$4.1M$36.9M15xas long as short
StandX XAU-USD+0.0040%1h4,356+0.040%$3.8M$4.6M40xas long as short
Aster XAUUSD1long+0.0043%4h4,354.2long leg$70.5M$333.7M20x
Vest GC-PERP+0.0046%1h4,387.5+0.764%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,351.6−0.061%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,351.1−0.072%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,349.6−0.107%$293.8M$48.7M25xas long as short
GRVT XAU_USDT_Perp+0.0050%4h4,354.7+0.011%$1.4M$3.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,349.6−0.107%$15.1M$57.4M25xas long as short
Lighter XAU+0.0056%1h4,352−0.051%$20.6M$42.2M25xas long as short
Variational Omni XAU+0.0057%4h4,353−0.030%$48.3M$27.8Mas long as short
Lighter RH XAU+0.0072%1h4,354.6+0.008%$20.1M$39.7M25xas long as short
MEXC XAU_USDT+0.0074%4h4,353.9−0.008%$372.7M$318.5M1000xas long as short
Binance XAUUSDT+0.0074%4h4,354.1−0.004%$412.8M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0082%8h4,353.7−0.013%$19K$5K5xas long as short
edgeX XAUUSDC+0.0092%4h4,347.3−0.160%$30.3M$58.9M50xas long as short
Aevo XAU-PERP+0.0096%1h4,352.8−0.032%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,351.4−0.066%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,351−0.075%$275K$202K50xas long as short
Polymarket Perps GOLD-USD+0.0129%1h4,353.2−0.024%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,350.3−0.091%$47K$77K25xas long as short
Phemex XAUUSDT+0.0141%4h4,353.5−0.018%$2.2M$1.1M100xas long as short
Hotstuff GOLD-PERP+0.0176%1h4,350.9−0.077%$33K25xas long as short
Bybit XAUUSDT+0.0196%4h4,355.7+0.034%$84.5M$145.3M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0210%1h4,352.2−0.047%$258K$706K25xas long as short
Bitget XAUUSDTshort+0.0212%4h4,354.1−0.003%$70.2M$109.5M100x
Bullet GOLD-USD+0.0214%1h4,354−0.006%$59K$83K10xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,355.4+0.026%$165.0M$282.2M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,350.6−0.084%$594K$133K25xas long as short
BloFin XAU-USDT+0.0297%4h4,353.9−0.007%$15.5M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0404% / S −0.0215%1h4,354−0.005%$251K111xas long as short
HTX XAU-USDT+0.0564%4h4,359.9+0.129%$2.9M$4.2M75xas long as short
Bluefin GOLD-PERP+0.0724%1h4,393.6+0.903%$26K$14K20xas long as short