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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0087%/8h= −9.6% APRnext payment $0.44 per $10,000 · paid last 24h −0.028%
Price spread now: Gate against edgeX+0.079%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$240.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 7 days−0.010%−$1 · spread now +0.079%, 7d avg +0.133%
Together, before fees−0.152%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.054% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.133%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,343.40.0095pay 0.0048% / 4h35m 32s$30.2M$58.3M50x
ShortGate XAU_USDT4,346.80.0008get 0.0004% / 4h35m 32s$267.7M$411.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$18.32
Price spread: +0.079% → +0.133%
−$5.37
Slippage, 4 orders
−$0.48
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$48.17
Costs to cover
0.245%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago0.23 bp4.7 bp −$54.7 bp −$478.1 bp −$81435.1 bp −$17.5K
Sell Gate live order book, 4 min ago0.01 bp7.5 bp −$88.6 bp −$8612.5 bp −$1,25514.2 bp −$7,090

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
RISEx XAU/USDC0.0000%1h4,346.2+0.064%$3.4M$12.3M25xas long as short
SunX XAU-USDT0.0000%4h4,351.4+0.183%$92K$9.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.4+0.001%$271K250xas long as short
Gate XAU_USDTshort+0.0008%4h4,346.8+0.079%$267.7M$411.7M100x
Lighter XAU+0.0032%1h4,344.5+0.025%$20.8M$37.8M25xas long as short
Extended XAU-USD+0.0032%1h4,342.1−0.030%$13.3M$38.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.162%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,346.6+0.074%$20.1M$39.2M25xas long as short
StandX XAU-USD+0.0040%1h4,347.7+0.099%$3.8M$4.6M40xas long as short
QFEX GOLD-USD+0.0041%1h4,345.8+0.055%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP+0.0045%24h4,346+0.060%$4.1M$37.2M15xas long as short
Vest GC-PERP+0.0046%1h4,379.5+0.831%$1.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,344.3+0.021%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,343−0.009%$293.7M$48.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,342.4−0.023%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0065%4h4,346.4+0.068%$70.9M$333.7M20xas long as short
Variational Omni XAU+0.0080%4h4,346.7+0.076%$48.5M$27.8Mas long as short
Paradex XAU-USD-PERP+0.0085%8h4,345.5+0.049%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0088%4h4,348.2+0.111%$1.4M$3.0M25xas long as short
Binance XAUUSDT+0.0094%4h4,346.2+0.064%$414.1M$2.09B100xas long as short
MEXC XAU_USDT+0.0094%4h4,346+0.060%$372.6M$317.6M1000xas long as short
edgeX XAUUSDClong+0.0095%4h4,343.4long leg$30.2M$58.3M50x
Pacifica XAU+0.0100%1h4,342.6−0.018%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,346.8+0.078%$275K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,347+0.084%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,347.3+0.090%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0152%1h4,345.8+0.055%$4.3M$1.9M20xas long as short
Hotstuff GOLD-PERP+0.0160%1h4,343.7+0.007%$33K25xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,344.2+0.019%$592K$132K25xas long as short
Bullet GOLD-USD+0.0203%1h4,347.5+0.096%$59K$82K10xas long as short
Phemex XAUUSDT+0.0205%4h4,349.7+0.145%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0232%4h4,346.6+0.073%$70.0M$109.2M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0233%1h4,345.9+0.058%$243K$789K25xas long as short
Bybit XAUUSDT+0.0238%4h4,347.5+0.094%$85.0M$144.9M150xas long as short
OKX XAU-USDT-SWAP+0.0284%8h4,347.3+0.090%$165.5M$281.7M100xas long as short
Bluefin GOLD-PERP+0.0336%1h4,341−0.055%$25K$14K20xas long as short
BloFin XAU-USDT+0.0347%4h4,348+0.106%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0413% / S −0.0230%1h4,347.5+0.094%$248K111xas long as short
HTX XAU-USDT+0.0628%4h4,352.7+0.214%$2.9M$4.3M75xas long as short