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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.04 per $10,000 · paid last 24h 0.000%
Price spread now: RISEx against Bullet+0.003%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet GOLD-USD4,352.70.0168pay 0.0021% / 1h13m 22s$59K$83K10x
ShortRISEx XAU/USDC4,352.90.0135get 0.0017% / 1h13m 22s$3.4M$12.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Bullet. 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
−$6.96
Price spread: +0.003% → 0.000%
$0.34
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$20.62
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; RISEx: live order book, 1 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 Bullet no order-book sample
Sell RISEx live order book, 1 min ago1.50 bp4.5 bp −$55.5 bp −$5573.5 bp −$7,346doesn't fit
Bullet: 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 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%4h4,354+0.029%$263.4M$414.1M100xas long as short
SunX XAU-USDT0.0000%4h4,358.7+0.136%$93K$9.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,347.9−0.111%$269K250xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,351.2−0.035%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,350.1−0.061%$13.5M$41.8M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.053%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,352−0.017%$4.1M$36.1M15xas long as short
Aster XAUUSD1+0.0035%4h4,353+0.005%$70.4M$301.0M20xas long as short
StandX XAU-USD+0.0040%1h4,358.7+0.137%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,386.7+0.780%$1.0M25xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,349.7−0.070%$294.0M$48.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,349.7−0.070%$14.9M$58.0M25xas long as short
QFEX GOLD-USD+0.0051%1h4,353.6+0.020%$5.6M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,352.9+0.003%$20.6M$43.7M25xas long as short
Lighter RH XAU+0.0064%1h4,355.4+0.061%$20.1M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,349.1−0.084%$2.0M$5.0M25xas long as short
Polymarket Perps GOLD-USD+0.0076%1h4,352.2−0.012%$4.3M$1.9M20xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,353.8+0.025%$19K$5K5xas long as short
Variational Omni XAU+0.0086%4h4,356+0.076%$48.2M$28.1Mas long as short
Pacifica XAU+0.0100%1h4,351.4−0.031%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,352.6−0.003%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,347−0.131%$25K$14K20xas long as short
MEXC XAU_USDT+0.0104%4h4,352.6−0.003%$375.4M$324.1M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,351.8−0.021%$161K$8710xas long as short
Binance XAUUSDT+0.0105%4h4,352−0.016%$408.9M$2.10B100xas long as short
edgeX XAUUSDC+0.0112%4h4,351.9−0.020%$30.3M$60.0M50xas long as short
GRVT XAU_USDT_Perp+0.0120%4h4,355.1+0.054%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0121%1h4,356.9+0.096%$48K$64K25xas long as short
RISEx XAU/USDCshort+0.0135%1h4,352.9+0.003%$3.4M$12.4M25x
Bullet GOLD-USDlong+0.0168%1h4,352.7long leg$59K$83K10x
Bybit XAUUSDT+0.0180%4h4,353.1+0.008%$83.7M$144.2M150xas long as short
Bitget XAUUSDT+0.0186%4h4,352.4−0.008%$69.5M$109.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0233%1h4,353.7+0.022%$250K$679K25xas long as short
OKX XAU-USDT-SWAP+0.0239%8h4,353.7+0.022%$164.8M$281.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,351.7−0.024%$593K$139K25xas long as short
Phemex XAUUSDT+0.0373%4h4,357.9+0.119%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0391% / S −0.0197%1h4,352.4−0.008%$251K111xas long as short
HTX XAU-USDT+0.0557%4h4,359.9+0.165%$2.9M$3.9M75xas long as short