Funding arb · Price arb /

XAU

RWAall XAU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.052%

Price spread now: Vest against Bitget+0.781%7-day average +0.866% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.051%−$5 on $10k

Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.781%, 7d avg +0.866%

Together, before fees−0.052%+ Points / potential airdropVest: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Vest is 0.085% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.866%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAUUSDT	4,359.8	0.0058	pay 0.0029% / 4h	3h 23m	$69.6M	$113.9M	100x
Short	Vest GC-PERP	4,393.8	0.0046	get 0.0006% / 1h	23m 32s	—	$1.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee VestbpOrdersPrice spread, now +0.781%Rate

Funding earned: −$2.59
Price spread: +0.781% → +0.866%: −$8.52
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$25.11
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 6 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 6 min ago	0.01 bp	6.3 bp −$6	7.7 bp −$77	12.0 bp −$1,197	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XAUUSD1	0.0000%	4h	4,358.7	−0.024%	$71.0M	$200.3M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,359.6	−0.004%	$266.5M	$416.4M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,358.2	−0.036%	$4.0M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,365.1	+0.122%	$93K	$10.2M	20x	as long as short
Variational Omni XAU	0.0000%	4h	4,360.4	+0.015%	$47.8M	$28.1M	—	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,356.4	−0.076%	$267K	—	250x	as long as short
edgeX XAUUSDC	+0.0022%	4h	4,355.1	−0.106%	$30.3M	$60.4M	50x	as long as short
MEXC XAU_USDT	+0.0022%	4h	4,359.8	0.000%	$372.9M	$328.1M	1000x	as long as short
Binance XAUUSDT	+0.0023%	4h	4,359	−0.017%	$411.6M	$2.15B	100x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.214%	$619	$54	52x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAU-USD	+0.0040%	1h	4,362.4	+0.061%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,356.7	−0.070%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERPshort	+0.0046%	1h	4,393.8	+0.781%	—	$1.0M	25x
RISEx XAU/USDC	+0.0048%	1h	4,358.3	−0.033%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,356.8	−0.068%	$293.8M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,354	−0.132%	$14.7M	$57.2M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,358.5	−0.029%	$48K	$64K	25x	as long as short
Bitget XAUUSDTlong	+0.0058%	4h	4,359.8	long leg	$69.6M	$113.9M	100x
Lighter XAU	+0.0072%	1h	4,357	−0.063%	$20.6M	$44.1M	25x	as long as short
Paradex XAU-USD-PERP	+0.0080%	8h	4,358.3	−0.033%	$19K	$5K	5x	as long as short
BloFin XAU-USDT	+0.0082%	4h	4,363.5	+0.085%	$15.5M	$4.5M	100x	as long as short
Extended XAU-USD	+0.0088%	1h	4,354.5	−0.121%	$13.5M	$43.8M	25x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,359.7	0.000%	$161K	$87	10x	as long as short
Lighter RH XAU	+0.0096%	1h	4,359.2	−0.012%	$20.2M	$41.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0096%	1h	4,355.3	−0.102%	$33K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,358.3	−0.033%	$2.0M	$5.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,355	−0.109%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.8	−0.045%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,353.7	−0.139%	$26K	$22K	20x	as long as short
Bybit XAUUSDT	+0.0102%	4h	4,360.1	+0.007%	$83.3M	$144.3M	150x	as long as short
Polymarket Perps GOLD-USD	+0.0121%	1h	4,358.6	−0.026%	$4.3M	$1.8M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0152%	4h	4,361.1	+0.031%	$1.4M	$3.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0199%	8h	4,360.1	+0.008%	$163.8M	$289.4M	100x	as long as short
Bullet GOLD-USD	+0.0211%	1h	4,360.3	+0.013%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,357.5	−0.051%	$594K	$151K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0232%	1h	4,359.2	−0.013%	$235K	$656K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,360.8	+0.023%	$252K	—	111x	as long as short
Phemex XAUUSDT	+0.0455%	4h	4,362.5	+0.062%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0586%	4h	4,365.2	+0.126%	$2.9M	$3.9M	75x	as long as short