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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.007%
Price spread now: StandX against Coinbase International+0.117%46s7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.435%−$44 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.117%, 7d avg +0.111%
Together, before fees−0.469%+ Points / potential airdropStandX: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.111%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOLD-PERP-INTX4,350.90.0072pay 0.0009% / 1h37m 21s$2.0M$5.0M25x
ShortStandX XAU-USD4,3560.0040get 0.0005% / 1h37m 21s$3.8M$4.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Coinbase International. 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
−$6.72
Price spread: +0.117% → +0.111%
$0.57
Slippage, 4 orders
−$9.59
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$33.73
Costs to cover
0.276%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; StandX: 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 Coinbase International live order book, 2 min ago0.12 bp7.8 bp −$89.5 bp −$9549.2 bp −$4,915doesn't fit
Sell StandX live order book, 2 min ago3.10 bp7.1 bp −$77.2 bp −$729.8 bp −$98211.9 bp −$5,950

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-PERP−0.0316%1h4,348.2−0.063%$25K$14K20xas long as short
Aster XAUUSD10.0000%4h4,354.7+0.087%$69.7M$292.3M20xas long as short
Gate XAU_USDT0.0000%4h4,355.7+0.111%$263.2M$407.9M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,353.9+0.069%$4.1M$36.5M15xas long as short
SunX XAU-USDT0.0000%4h4,357.9+0.161%$93K$9.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,350.2−0.017%$269K250xas long as short
Extended XAU-USD+0.0032%1h4,351.7+0.018%$13.6M$43.0M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,352.8+0.044%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.011%$619$5452xas long as short
Lighter XAU+0.0040%1h4,354.7+0.087%$20.6M$43.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USDshort+0.0040%1h4,356+0.117%$3.8M$4.7M40x
Vest GC-PERP+0.0046%1h4,388.2+0.857%$1.0M25xas long as short
Lighter RH XAU+0.0048%1h4,357.1+0.142%$20.1M$40.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,351.3+0.009%$293.9M$48.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,352.7+0.042%$15.0M$57.7M25xas long as short
QFEX GOLD-USD+0.0051%1h4,354.8+0.090%$5.6M$1.9M20xas long as short
Polymarket Perps GOLD-USD+0.0060%1h4,353+0.048%$4.3M$1.9M20xas long as short
Variational Omni XAU+0.0061%4h4,355.7+0.111%$48.3M$28.4Mas long as short
Coinbase International GOLD-PERP-INTXlong+0.0072%1h4,350.9long leg$2.0M$5.0M25x
edgeX XAUUSDC+0.0084%4h4,350.2−0.016%$30.3M$60.6M50xas long as short
Paradex XAU-USD-PERP+0.0084%8h4,355.6+0.108%$19K$5K5xas long as short
MEXC XAU_USDT+0.0084%4h4,354.1+0.074%$372.2M$321.6M1000xas long as short
Binance XAUUSDT+0.0086%4h4,354+0.072%$409.2M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,352.4+0.034%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,353.9+0.068%$275K$204K50xas long as short
Aevo XAU-PERP+0.0104%1h4,353.2+0.053%$161K$8710xas long as short
Phoenix GOLD+0.0121%1h4,355.1+0.097%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,355.3+0.100%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0136%4h4,357.5+0.151%$1.4M$2.9M25xas long as short
Bitget XAUUSDT+0.0150%4h4,354.4+0.081%$69.2M$109.7M100xas long as short
Bullet GOLD-USD+0.0158%1h4,354.2+0.076%$59K$83K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,353.7+0.064%$234K$661K25xas long as short
Bybit XAUUSDT+0.0185%4h4,355.1+0.096%$84.1M$143.7M150xas long as short
OKX XAU-USDT-SWAP+0.0225%8h4,355.6+0.108%$164.9M$284.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,352.7+0.040%$594K$141K25xas long as short
BloFin XAU-USDT+0.0286%4h4,364.8+0.319%$15.5M$4.6M100xas long as short
Phemex XAUUSDT+0.0368%4h4,359.7+0.201%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,354+0.072%$253K111xas long as short
HTX XAU-USDT+0.0527%4h4,359.5+0.198%$2.9M$3.9M75xas long as short