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+0.0139%/8h= +15.2% APRnext payment +$0.70 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against edgeX+0.110%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days−0.085%−$9 · spread now +0.110%, 7d avg +0.112%
Together, before fees−0.039%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.112%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,340.20.0129pay 0.0064% / 4h3h 16m$30.2M$58.2M50x
ShortBitget XAUUSDT4,344.90.0268get 0.0134% / 4h3h 16m$71.1M$109.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$29.21
Price spread: +0.110% → +0.112%
−$0.2
Slippage, 4 orders
−$1.25
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$6.75
Costs to cover
0.223%
Break-even
5.4 days
Slippage from edgeX: live order book, 2 min ago; Bitget: 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 edgeX live order book, 2 min ago0.34 bp4.8 bp −$54.9 bp −$497.9 bp −$78736.7 bp −$18.3K
Sell Bitget live order book, 2 min ago0.01 bp6.6 bp −$77.7 bp −$7710.7 bp −$1,070doesn't fit

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%4h4,348.1+0.183%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,340.3+0.002%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,344.2+0.093%$3.8M$12.5M25xas long as short
Bluefin GOLD-PERP+0.0016%1h4,337.7−0.058%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,340.4+0.005%$13.3M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.236%$619$5452xas long as short
Bybit XAUUSDT+0.0034%4h4,345.3+0.117%$80.0M$152.2M150xas long as short
StandX XAU-USD+0.0040%1h4,344.2+0.093%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,343.6+0.079%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,376.7+0.842%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,341.1+0.021%$293.7M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,341.2+0.025%$15.0M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,341+0.019%$4.3M$37.4M15xas long as short
Lighter XAU+0.0056%1h4,343.4+0.075%$20.7M$34.7M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,340.6+0.010%$33K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.3−0.020%$2.1M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,343.9+0.085%$19K$5K5xas long as short
Lighter RH XAU+0.0072%1h4,345.7+0.128%$20.2M$40.1M25xas long as short
Gate XAU_USDT+0.0084%4h4,345.6+0.126%$268.2M$418.0M100xas long as short
Aster XAUUSD1+0.0085%4h4,345+0.111%$71.5M$331.8M20xas long as short
Pacifica XAU+0.0100%1h4,340.20.000%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,341.2+0.023%$274K$203K50xas long as short
Variational Omni XAU+0.0104%4h4,343.9+0.086%$48.3M$27.5Mas long as short
Aevo XAU-PERP+0.0112%1h4,343.4+0.074%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,344.4+0.098%$371.5M$320.9M1000xas long as short
Binance XAUUSDT+0.0119%4h4,344.3+0.095%$418.4M$2.09B100xas long as short
edgeX XAUUSDClong+0.0129%4h4,340.2long leg$30.2M$58.2M50x
Phoenix GOLD+0.0136%1h4,340.5+0.008%$47K$77K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0165%1h4,342.7+0.058%$205K$826K25xas long as short
GRVT XAU_USDT_Perp+0.0182%4h4,344.6+0.102%$1.4M$2.9M25xas long as short
Phemex XAUUSDT+0.0185%4h4,347+0.156%$2.2M$967K100xas long as short
Polymarket Perps GOLD-USD+0.0211%1h4,343.8+0.084%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0211%1h4,344.1+0.091%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,340.9+0.018%$592K$132K25xas long as short
Bitget XAUUSDTshort+0.0268%4h4,344.9+0.110%$71.1M$109.3M100x
OKX XAU-USDT-SWAP+0.0326%8h4,345.4+0.121%$167.2M$282.8M100xas long as short
BloFin XAU-USDT+0.0359%4h4,344.2+0.093%$15.7M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,344.1+0.091%$250K111xas long as short
HTX XAU-USDT+0.0528%4h4,346.8+0.153%$2.8M$4.6M75xas long as short