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+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.079%
Price spread now: BloFin against Aster+0.005%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs+$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.371%+$37 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.005%, 7d avg +0.003%
Together, before fees+0.387%+ Points / potential airdropAster: Stage 5 · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,374.60get 0.0000% / 4h3h 47m$71.2M$208.2M20x
ShortBloFin XAU-USDT4,374.80.0240get 0.0120% / 4h3h 47m$15.0M$4.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: +0.005% → +0.003%
$0.23
Slippage, 4 orders
−$0.04
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$30.58
Costs to cover
0.200%
Break-even
2.8 days
Slippage from Aster: live order book, 2 min ago; BloFin: live order book, 7 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, 2 min ago0.01 bp4.0 bp −$45.4 bp −$5420.4 bp −$2,039doesn't fit
Sell BloFin live order book, 7 min ago0.01 bp6.0 bp −$66.0 bp −$606.2 bp −$615doesn'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−0.0106%1h4,368−0.151%$26K$21K20xas long as short
Hotstuff GOLD-PERP−0.0032%1h4,372.3−0.053%$33K25xas long as short
Aster XAUUSD1long0.0000%4h4,374.6long leg$71.2M$208.2M20x
Binance XAUUSDT0.0000%4h4,374.9+0.007%$410.1M$2.15B100xas long as short
MEXC XAU_USDT0.0000%4h4,374.9+0.006%$374.2M$321.4M1000xas long as short
Variational Omni XAU0.0000%4h4,374.3−0.006%$48.7M$27.9Mas long as short
Kalshi KXGOLDPERP0.0000%24h4,371.9−0.062%$4.0M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,378.8+0.095%$93K$10.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,370.1−0.102%$268K250xas long as short
Bitget XAUUSDT+0.0004%4h4,374.9+0.007%$69.7M$114.4M100xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XAU_USDT+0.0006%4h4,375.6+0.023%$266.2M$409.7M100xas long as short
edgeX XAUUSDC+0.0018%4h4,371.2−0.078%$30.4M$60.2M50xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.553%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,376.4+0.041%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,374.60.000%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,409.6+0.800%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,375.1+0.012%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,371.2−0.078%$294.6M$52.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,370.7−0.089%$14.7M$57.4M25xas long as short
Phoenix GOLD+0.0055%1h4,375.3+0.016%$48K$64K25xas long as short
Paradex XAU-USD-PERP+0.0069%8h4,374.7+0.003%$19K$5K5xas long as short
Lighter XAU+0.0072%1h4,373.9−0.016%$20.8M$43.3M25xas long as short
Lighter RH XAU+0.0080%1h4,376.4+0.041%$20.3M$40.9M25xas long as short
Aevo XAU-PERP+0.0080%1h4,373.5−0.025%$162K$8710xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,371.1−0.080%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,372.7−0.043%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,373.2−0.032%$277K$204K50xas long as short
Polymarket Perps GOLD-USD+0.0104%1h4,374−0.014%$4.3M$1.8M20xas long as short
Extended XAU-USD+0.0120%1h4,370.3−0.098%$13.3M$44.1M25xas long as short
GRVT XAU_USDT_Perp+0.0138%4h4,376.4+0.042%$1.4M$3.1M25xas long as short
OKX XAU-USDT-SWAP+0.0172%8h4,376.2+0.037%$164.4M$284.9M100xas long as short
Bybit XAUUSDT+0.0176%4h4,375.6+0.022%$83.4M$144.5M150xas long as short
Bullet GOLD-USD+0.0188%1h4,374.7+0.001%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0208%1h4,372.6−0.046%$236K$655K25xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,372−0.059%$596K$146K25xas long as short
BloFin XAU-USDTshort+0.0240%4h4,374.8+0.005%$15.0M$4.6M100x
GMX GOLD/USD [ETH-USDC]L +0.0390% / S −0.0197%1h4,374.6−0.001%$252K111xas long as short
Phemex XAUUSDT+0.0510%4h4,377+0.056%$2.2M$1.1M100xas long as short
HTX XAU-USDT+0.0559%4h4,382+0.168%$2.9M$3.8M75xas long as short