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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.040%
Price spread now: edgeX against Deribit−0.014%75s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$190.194% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.686%−$69 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.014%, 7d avg −0.050%
Together, before fees−0.805%+ Points / potential airdropedgeX: Active · farm board−$80 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.036% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.050%. Mind the row above: over the last 4 days funding on this pair cost −0.686%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit GOLD_USDC-PERPETUAL4,334.50.0073pay 0.0009% / 1h43m 58s$135K$707K25x
ShortedgeX XAUUSDC4,333.90.0117get 0.0058% / 4h1h 43m$30.3M$67.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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
$9.14
Price spread: −0.014% → −0.050%
$3.61
Slippage, 4 orders
−$3.44
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$6.68
Costs to cover
0.194%
Break-even
12.1 days
Slippage from Deribit: live order book, 3 min ago; edgeX: live order book, 3 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 Deribit live order book, 3 min ago0.12 bp4.3 bp −$45.6 bp −$56doesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago0.35 bp4.8 bp −$54.9 bp −$497.9 bp −$79435.5 bp −$17.8K

XAU on 39 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOLD-PERP−3.2000%1h4,318.3−0.374%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,338.7+0.097%$92K$5.9M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,330.5−0.092%$2.1M$5.2M25xas long as short
Bluefin GOLD-PERP+0.0002%1h4,328.9−0.130%$25K$1K20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,331.8−0.063%$304K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.367%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,335.5+0.023%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,333.7−0.018%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,368.2+0.777%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,332.4−0.048%$292.5M$51.6M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,330.5−0.093%$15.1M$59.4M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,334.2−0.007%$2K$13K5xas long as short
Aster XAUUSD1+0.0056%4h4,336.1+0.036%$72.4M$276.0M20xas long as short
Deribit GOLD_USDC-PERPETUALlong+0.0073%1h4,334.5long leg$135K$707K25x
Variational Omni XAU+0.0074%4h4,333.5−0.022%$47.3M$29.2Mas long as short
Polymarket Perps GOLD-USD+0.0074%1h4,334.2−0.007%$4.3M$1.7M20xas long as short
Gate XAU_USDT+0.0078%4h4,336.9+0.056%$298.2M$444.9M100xas long as short
Lighter XAU+0.0080%1h4,335.1+0.013%$20.2M$30.4M25xas long as short
Lighter RH XAU+0.0088%1h4,337.3+0.065%$19.7M$40.0M25xas long as short
MEXC XAU_USDT+0.0094%4h4,334.4−0.001%$367.0M$353.2M1000xas long as short
GRVT XAU_USDT_Perp+0.0094%4h4,336.8+0.053%$1.4M$3.1M25xas long as short
Binance XAUUSDT+0.0094%4h4,334.4−0.002%$442.6M$2.43B100xas long as short
Pacifica XAU+0.0100%1h4,331−0.081%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,334.50.000%$284K$223K50xas long as short
Aevo XAU-PERP+0.0104%1h4,334.3−0.005%$161K$8710xas long as short
edgeX XAUUSDCshort+0.0117%4h4,333.9−0.014%$30.3M$67.7M50x
Extended XAU-USD+0.0120%1h4,331−0.081%$12.5M$34.6M25xas long as short
Bybit XAUUSDT+0.0121%4h4,335.9+0.032%$82.8M$172.2M150xas long as short
Phoenix GOLD+0.0127%1h4,334.2−0.007%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0137%24h4,336.4+0.044%$3.5M$51.1M15xas long as short
Bullet GOLD-USD+0.0165%1h4,335.2+0.015%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,334.8+0.007%$4.7M$13.2M25xas long as short
Bitget XAUUSDT+0.0212%4h4,335+0.011%$72.8M$139.5M100xas long as short
Phemex XAUUSDT+0.0227%4h4,338.4+0.090%$2.3M$772K100xas long as short
OKX XAU-USDT-SWAP+0.0237%8h4,336.1+0.037%$170.7M$361.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,332.3−0.051%$583K$169K25xas long as short
BloFin XAU-USDT+0.0336%4h4,334.8+0.008%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,334.8+0.008%$253K111xas long as short
HTX XAU-USDT+0.1076%4h4,341.1+0.153%$3.2M$7.1M75xas long as short