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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.004%
Price spread now: Paradex against Aster−0.080%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.080% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,329.40.0076pay 0.0038% / 4h2h 09m$73.5M$274.5M20x
ShortParadex XAU-USD-PERP4,325.90.0054get 0.0054% / 8h6h 09m$2K$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$4.54
Price spread: −0.080% → 0.000%
−$8.02
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$24.56
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 3 min ago; Paradex: no order-book sample. Net counts fees only.

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, 3 min ago0.01 bp4.0 bp −$44.0 bp −$4026.6 bp −$2,664doesn't fit
Sell Paradex no order-book sample
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAU on 39 exchanges

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%4h4,330.4+0.023%$92K$6.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,322.6−0.157%$274K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,320.5−0.206%$2.0M$5.1M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,321.9−0.173%$32K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.485%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,325.9−0.081%$6.7M$3.2M20xas long as short
StandX XAU-USD+0.0040%1h4,324.8−0.106%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,358.6+0.674%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,323.4−0.139%$291.9M$52.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,322.5−0.160%$15.0M$57.6M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERPshort+0.0054%8h4,325.9−0.080%$2K$13K5x
RISEx XAU/USDC+0.0056%1h4,326.2−0.075%$4.6M$13.5M25xas long as short
Phoenix GOLD+0.0076%1h4,321.2−0.190%$43K$72K25xas long as short
Aster XAUUSD1long+0.0076%4h4,329.4long leg$73.5M$274.5M20x
Variational Omni XAU+0.0089%4h4,324.5−0.113%$47.2M$29.3Mas long as short
Gate XAU_USDT+0.0092%4h4,328.7−0.018%$300.8M$446.8M100xas long as short
Lighter XAU+0.0096%1h4,325.7−0.085%$20.2M$30.2M25xas long as short
Pacifica XAU+0.0100%1h4,322.6−0.157%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,321.6−0.181%$284K$223K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,319.4−0.231%$25K$1K20xas long as short
Bybit XAUUSDT+0.0103%4h4,328.5−0.021%$80.5M$170.5M150xas long as short
MEXC XAU_USDT+0.0112%4h4,326.4−0.070%$359.1M$361.6M1000xas long as short
Aevo XAU-PERP+0.0112%1h4,324.8−0.108%$160K$8710xas long as short
Binance XAUUSDT+0.0112%4h4,327.1−0.054%$440.3M$2.38B100xas long as short
GRVT XAU_USDT_Perp+0.0116%4h4,325.6−0.088%$1.4M$3.1M25xas long as short
edgeX XAUUSDC+0.0126%4h4,322.7−0.155%$30.2M$66.2M50xas long as short
Kalshi KXGOLDPERP+0.0132%24h4,327−0.056%$3.5M$49.8M15xas long as short
Polymarket Perps GOLD-USD+0.0139%1h4,325.4−0.093%$4.3M$1.7M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0143%1h4,323.9−0.127%$135K$747K25xas long as short
Lighter RH XAU+0.0152%1h4,328.8−0.015%$19.8M$40.6M25xas long as short
Extended XAU-USD+0.0152%1h4,322.6−0.158%$12.7M$34.9M25xas long as short
Bullet GOLD-USD+0.0199%1h4,325.7−0.085%$59K$76K10xas long as short
Bitget XAUUSDT+0.0216%4h4,327−0.057%$74.2M$134.1M100xas long as short
OKX XAU-USDT-SWAP+0.0245%8h4,327.9−0.035%$170.8M$353.6M100xas long as short
BloFin XAU-USDT+0.0353%4h4,324.9−0.103%$16.2M$5.3M100xas long as short
Phemex XAUUSDT+0.0379%4h4,328.7−0.016%$2.2M$783K100xas long as short
Kraken Futures PF_XAUUSD+0.0411%1h4,322.5−0.159%$582K$165K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0458% / S −0.0306%1h4,325.5−0.091%$252K111xas long as short
HTX XAU-USDT+0.1129%4h4,332.5+0.072%$3.2M$7.0M75xas long as short