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−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h −0.011%
Price spread now: Vest against Coinbase International+0.854%7-day average +0.952% · 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 4 days (all we have)−0.440%−$44 on $10k
Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.854%, 7d avg +0.952%
Together, before fees−0.549%+ Points / potential airdropVest: Active · farm board−$55 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 0.098% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.952%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOLD-PERP-INTX4,306.70.0056pay 0.0007% / 1h19m 35s$2.0M$5.1M25x
ShortVest GC-PERP4,343.50.0046get 0.0006% / 1h19m 35s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$2.17
Price spread: +0.854% → +0.952%
−$9.8
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$23.97
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago0.81 bp5.9 bp −$68.9 bp −$89doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XAU-USDT0.0000%4h4,315.6+0.207%$92K$6.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,307.7+0.023%$273K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.015%$619$5452xas long as short
Vest GC-PERPshort+0.0046%1h4,343.5+0.854%$1.0M25x
QFEX GOLD-USD+0.0046%1h4,311.1+0.102%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,310.7+0.093%$291.2M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,310.3+0.084%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,309.2+0.058%$15.0M$56.0M25xas long as short
Coinbase International GOLD-PERP-INTXlong+0.0056%1h4,306.7long leg$2.0M$5.1M25x
Paradex XAU-USD-PERP+0.0062%8h4,312.4+0.132%$2K$13K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAUUSD1+0.0071%4h4,315.1+0.195%$73.9M$271.5M20xas long as short
Lighter XAU+0.0080%1h4,313.7+0.162%$20.3M$29.6M25xas long as short
Hotstuff GOLD-PERP+0.0080%1h4,308+0.030%$32K25xas long as short
Extended XAU-USD+0.0088%1h4,309.6+0.068%$13.0M$35.8M25xas long as short
StandX XAU-USD+0.0093%1h4,311.3+0.107%$3.8M$4.5M40xas long as short
Phoenix GOLD+0.0095%1h4,301.6−0.118%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,310.7+0.093%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,308.7+0.046%$277K$223K50xas long as short
Lighter RH XAU+0.0104%1h4,314.9+0.190%$19.8M$40.6M25xas long as short
Aevo XAU-PERP+0.0112%1h4,310.3+0.084%$160K$8710xas long as short
Kalshi KXGOLDPERP+0.0114%24h4,313.8+0.165%$3.6M$47.1M15xas long as short
Variational Omni XAU+0.0115%4h4,311.4+0.110%$46.9M$29.9Mas long as short
RISEx XAU/USDC+0.0126%1h4,313.4+0.156%$4.5M$13.4M25xas long as short
MEXC XAU_USDT+0.0128%4h4,313.1+0.148%$356.0M$348.6M1000xas long as short
Binance XAUUSDT+0.0129%4h4,313.3+0.153%$437.5M$2.26B100xas long as short
edgeX XAUUSDC+0.0137%4h4,306.9+0.005%$30.0M$62.7M50xas long as short
Bybit XAUUSDT+0.0145%4h4,315.1+0.195%$79.8M$161.4M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0168%1h4,310.9+0.098%$133K$832K25xas long as short
Gate XAU_USDT+0.0178%4h4,314.8+0.188%$301.8M$436.9M100xas long as short
Bullet GOLD-USD+0.0197%1h4,311.9+0.121%$58K$77K10xas long as short
Bitget XAUUSDT+0.0202%4h4,313.1+0.149%$70.4M$127.9M100xas long as short
GRVT XAU_USDT_Perp+0.0250%4h4,312.3+0.130%$1.4M$3.1M25xas long as short
OKX XAU-USDT-SWAP+0.0251%8h4,315.2+0.197%$170.7M$341.7M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,309.2+0.058%$573K$139K25xas long as short
BloFin XAU-USDT+0.0394%4h4,311.7+0.117%$16.4M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0313%1h4,311.5+0.111%$254K111xas long as short
Phemex XAUUSDT+0.0473%4h4,312.9+0.143%$2.2M$959K100xas long as short
HTX XAU-USDT+0.1204%4h4,317.3+0.245%$3.2M$6.9M75xas long as short
Bluefin GOLD-PERP+0.2382%1h4,305.5−0.029%$25K$1K20xas long as short