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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.009%
Price spread now: edgeX against Aster−0.033%90s7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 7 days−0.004%$0 · spread now −0.033%, 7d avg −0.110%
Together, before fees+0.043%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.077% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.110%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,305.60.0057pay 0.0029% / 4h2m 04s$72.8M$272.1M20x
ShortedgeX XAUUSDC4,304.20.0130get 0.0065% / 4h2m 04s$29.9M$60.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$15.21
Price spread: −0.033% → −0.110%
$7.67
Slippage, 4 orders
−$0.71
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$5.18
Costs to cover
0.177%
Break-even
4.6 days
Slippage from Aster: live order book, 2 min ago; edgeX: live order book, 2 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 −$45.0 bp −$5014.3 bp −$1,433doesn't fit
Sell edgeX live order book, 2 min ago0.23 bp4.7 bp −$54.7 bp −$477.9 bp −$78736.3 bp −$18.2K

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%4h4,308+0.056%$92K$7.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,300.6−0.116%$268K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.041%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,304.6−0.023%$6.6M$3.1M20xas long as short
Vest GC-PERP+0.0046%1h4,337.1+0.732%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,300.6−0.116%$289.6M$53.1M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,301−0.107%$15.0M$55.3M25xas long as short
Aster XAUUSD1long+0.0057%4h4,305.6long leg$72.8M$272.1M20x
Paradex XAU-USD-PERP+0.0062%8h4,304.3−0.029%$2K$14K5xas long as short
Bybit XAUUSDT+0.0071%4h4,304.7−0.021%$77.3M$156.2M150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAU+0.0072%1h4,303.4−0.052%$20.2M$30.3M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,299.6−0.139%$2.0M$5.1M25xas long as short
Bluefin GOLD-PERP+0.0093%1h4,300.5−0.119%$25K$1K20xas long as short
Extended XAU-USD+0.0096%1h4,300.5−0.119%$13.1M$36.7M25xas long as short
Phoenix GOLD+0.0096%1h4,305.5−0.002%$42K$79K25xas long as short
Pacifica XAU+0.0100%1h4,301.5−0.095%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,304−0.038%$269K$214K50xas long as short
Kalshi KXGOLDPERP+0.0101%24h4,307.1+0.035%$3.6M$45.6M15xas long as short
Variational Omni XAU+0.0101%4h4,306.5+0.022%$46.7M$29.3Mas long as short
Lighter RH XAU+0.0104%1h4,305.5−0.001%$19.9M$40.4M25xas long as short
MEXC XAU_USDT+0.0110%4h4,304.1−0.035%$362.3M$344.1M1000xas long as short
Aevo XAU-PERP+0.0112%1h4,304−0.038%$159K$8710xas long as short
Binance XAUUSDT+0.0113%4h4,304−0.038%$428.3M$2.18B100xas long as short
GRVT XAU_USDT_Perp+0.0114%4h4,308+0.055%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0118%4h4,306.5+0.021%$286.3M$433.6M100xas long as short
Hotstuff GOLD-PERP+0.0120%1h4,302.8−0.065%$32K25xas long as short
edgeX XAUUSDCshort+0.0130%4h4,304.2−0.033%$29.9M$60.3M50x
StandX XAU-USD+0.0174%1h4,310.1+0.105%$3.8M$4.5M40xas long as short
Bitget XAUUSDT+0.0192%4h4,304.4−0.029%$70.7M$122.1M100xas long as short
Bullet GOLD-USD+0.0198%1h4,304.4−0.028%$59K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0215%1h4,302.7−0.067%$136K$866K25xas long as short
Polymarket Perps GOLD-USD+0.0222%1h4,304.8−0.018%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0229%1h4,301.8−0.088%$572K$138K25xas long as short
OKX XAU-USDT-SWAP+0.0258%8h4,304−0.037%$172.1M$314.0M100xas long as short
BloFin XAU-USDT+0.0373%4h4,307.1+0.034%$16.6M$4.9M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0464% / S −0.0311%1h4,304.2−0.033%$253K111xas long as short
Phemex XAUUSDT+0.0504%4h4,309+0.079%$2.2M$950K100xas long as short
HTX XAU-USDT+0.0550%4h4,311.2+0.129%$3.2M$6.2M75xas long as short
RISEx XAU/USDC+0.0643%1h4,304.3−0.031%$4.5M$13.1M25xas long as short