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+0.0211%/8h= +23.1% APRpaid last 24h −0.201%
Price spread now: Gate against Bluefin+0.167%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.167% dearer against Bluefin than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin GOLD-PERP4,320.7−0.0105get 0.0013% / 1h33m 28s$25K$1K20x
ShortGate XAU_USDT4,327.90.0106get 0.0053% / 4h33m 28s$285.2M$416.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bluefin. 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
$44.33
Price spread: +0.167% → 0.000%
$16.66
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$38.99
Costs to cover
0.220%
Break-even
0.8 days
Slippage unknown: Bluefin: no order-book sample; Gate: live order book, 6 min ago. 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 Bluefin no order-book sample
Sell Gate live order book, 6 min ago0.01 bp7.5 bp −$88.4 bp −$8412.8 bp −$1,28414.3 bp −$7,148
Bluefin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERPlong−0.0105%1h4,320.7long leg$25K$1K20x
Hotstuff GOLD-PERP−0.0096%1h4,322.5+0.043%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,330.5+0.228%$92K$7.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,322.7+0.048%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.689%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,327.2+0.151%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,324.6+0.091%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,358.1+0.867%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,322.6+0.045%$291.8M$51.5M25xas long as short
Bybit XAUUSDT+0.0050%4h4,327+0.147%$77.6M$152.8M150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,321.7+0.024%$15.0M$55.6M25xas long as short
Aster XAUUSD1+0.0057%4h4,327+0.148%$72.9M$272.0M20xas long as short
Lighter XAU+0.0064%1h4,324.8+0.097%$20.5M$29.2M25xas long as short
Paradex XAU-USD-PERP+0.0066%8h4,324.8+0.097%$2K$14K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,322+0.031%$2.1M$4.8M25xas long as short
Variational Omni XAU+0.0089%4h4,324.9+0.098%$47.2M$29.3Mas long as short
Kalshi KXGOLDPERP+0.0092%24h4,327.8+0.165%$3.8M$44.6M15xas long as short
Phoenix GOLD+0.0096%1h4,323.3+0.061%$47K$79K25xas long as short
MEXC XAU_USDT+0.0098%4h4,326+0.124%$363.4M$327.4M1000xas long as short
Pacifica XAU+0.0100%1h4,322.1+0.033%$1.4M$1.2M10xas long as short
GRVT XAU_USDT_Perp+0.0100%4h4,326.8+0.141%$1.4M$3.0M25xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,322.7+0.047%$272K$208K50xas long as short
Binance XAUUSDT+0.0101%4h4,325.8+0.118%$425.2M$2.13B100xas long as short
Aevo XAU-PERP+0.0104%1h4,325.8+0.118%$160K$8710xas long as short
Gate XAU_USDTshort+0.0106%4h4,327.9+0.167%$285.2M$416.1M100x
edgeX XAUUSDC+0.0117%4h4,323.1+0.056%$30.1M$59.6M50xas long as short
Lighter RH XAU+0.0120%1h4,327.7+0.163%$20.0M$39.1M25xas long as short
Extended XAU-USD+0.0128%1h4,321.8+0.027%$13.2M$36.8M25xas long as short
Bitget XAUUSDT+0.0194%4h4,325.9+0.121%$70.1M$118.6M100xas long as short
Bullet GOLD-USD+0.0205%1h4,326.5+0.134%$58K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0213%1h4,325.2+0.105%$163K$871K25xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,326+0.124%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,324.1+0.079%$578K$135K25xas long as short
OKX XAU-USDT-SWAP+0.0276%8h4,326.8+0.142%$173.9M$299.1M100xas long as short
BloFin XAU-USDT+0.0339%4h4,325.8+0.118%$16.4M$4.6M100xas long as short
Phemex XAUUSDT+0.0361%4h4,328.9+0.192%$2.2M$975K100xas long as short
HTX XAU-USDT+0.0415%4h4,331.9+0.259%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,326.1+0.127%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,325.7+0.116%$4.6M$13.3M25xas long as short