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+0.0149%/8h= +16.3% APRnext payment +$0.74 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against Aster+0.003%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 7 days+0.006%+$1 · spread now +0.003%, 7d avg +0.017%
Together, before fees+0.002%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,3610.0025pay 0.0013% / 4h2h 18m$70.7M$293.5M20x
ShortBybit XAUUSDT4,361.10.0174get 0.0087% / 4h2h 18m$84.1M$143.8M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$31.25
Price spread: +0.003% → +0.017%
−$1.44
Slippage, 4 orders
−$0.65
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$10.17
Costs to cover
0.196%
Break-even
4.7 days
Slippage from Aster: live order book, 5 min ago; Bybit: 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 −$4011.9 bp −$1,191doesn't fit
Sell Bybit live order book, 5 min ago0.01 bp5.7 bp −$67.3 bp −$7310.8 bp −$1,08433.2 bp −$16.6K

XAU on 38 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
Gate XAU_USDT0.0000%4h4,361.5+0.012%$263.6M$412.9M100xas long as short
SunX XAU-USDT0.0000%4h4,364+0.068%$93K$9.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,354.5−0.149%$270K250xas long as short
Aster XAUUSD1long+0.0025%4h4,361long leg$70.7M$293.5M20x
Extended XAU-USD+0.0032%1h4,355.9−0.118%$13.5M$42.1M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.243%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,357−0.092%$4.1M$35.9M15xas long as short
StandX XAU-USD+0.0040%1h4,359.3−0.040%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,392.1+0.713%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,356−0.115%$33K25xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,356.8−0.097%$294.4M$48.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,355.6−0.124%$14.9M$58.0M25xas long as short
QFEX GOLD-USD+0.0051%1h4,358.6−0.056%$5.6M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,359−0.046%$20.7M$43.7M25xas long as short
Lighter RH XAU+0.0056%1h4,361.4+0.009%$20.2M$40.9M25xas long as short
Polymarket Perps GOLD-USD+0.0068%1h4,358.2−0.065%$4.3M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,355.1−0.136%$2.0M$5.0M25xas long as short
Variational Omni XAU+0.0078%4h4,359−0.046%$48.3M$28.1Mas long as short
Paradex XAU-USD-PERP+0.0083%8h4,359.4−0.038%$19K$5K5xas long as short
edgeX XAUUSDC+0.0094%4h4,353.4−0.175%$30.3M$59.8M50xas long as short
MEXC XAU_USDT+0.0096%4h4,359.9−0.026%$376.1M$323.5M1000xas long as short
Binance XAUUSDT+0.0099%4h4,360−0.024%$409.2M$2.09B100xas long as short
Pacifica XAU+0.0100%1h4,356.8−0.097%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,357.1−0.091%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,352−0.206%$26K$14K20xas long as short
Aevo XAU-PERP+0.0104%1h4,358.6−0.057%$161K$8710xas long as short
GRVT XAU_USDT_Perp+0.0110%4h4,360−0.024%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0121%1h4,356.9−0.095%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,359.5−0.035%$3.4M$12.4M25xas long as short
Bullet GOLD-USD+0.0162%1h4,359−0.046%$59K$83K10xas long as short
Bybit XAUUSDTshort+0.0174%4h4,361.1+0.003%$84.1M$143.8M150x
Bitget XAUUSDT+0.0180%4h4,360.3−0.018%$69.5M$109.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0209%1h4,357.8−0.074%$243K$671K25xas long as short
OKX XAU-USDT-SWAP+0.0235%8h4,361.3+0.006%$164.9M$282.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,356.4−0.106%$594K$139K25xas long as short
Phemex XAUUSDT+0.0335%4h4,362+0.021%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,358.8−0.052%$253K111xas long as short
HTX XAU-USDT+0.0538%4h4,363.9+0.067%$2.9M$3.9M75xas long as short