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+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.026%
Price spread now: Bullet against Extended+0.085%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bullet is 0.085% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,303.80.0104pay 0.0013% / 1h6m 53s$13.2M$36.6M25x
ShortBullet GOLD-USD4,307.50.0199get 0.0025% / 1h6m 53s$59K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Extended. 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
$19.95
Price spread: +0.085% → 0.000%
$8.51
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
$15.46
Costs to cover
0.130%
Break-even
1.6 days
Slippage unknown: Extended: live order book, 2 min ago; Bullet: 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 Extended live order book, 2 min ago0.12 bp2.6 bp −$33.6 bp −$366.9 bp −$694doesn't fit
Sell Bullet no order-book sample
Bullet: 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%4h4,312.3+0.197%$92K$7.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,304+0.003%$268K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.082%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,307.1+0.076%$5.7M$2.7M20xas long as short
Vest GC-PERP+0.0046%1h4,340.1+0.843%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,304.1+0.006%$290.0M$52.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,303.7−0.003%$15.0M$55.3M25xas long as short
Aster XAUUSD1+0.0057%4h4,309.3+0.128%$72.9M$271.9M20xas long as short
Paradex XAU-USD-PERP+0.0063%8h4,306.9+0.071%$2K$14K5xas long as short
Bluefin GOLD-PERP+0.0068%1h4,303.1−0.016%$25K$1K20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0071%4h4,308.6+0.111%$77.3M$155.4M150xas long as short
Lighter XAU+0.0072%1h4,307.4+0.082%$20.2M$30.2M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,304.3+0.011%$2.0M$5.1M25xas long as short
Phoenix GOLD+0.0096%1h4,313.9+0.234%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0099%24h4,309.5+0.132%$3.6M$45.3M15xas long as short
Variational Omni XAU+0.0100%4h4,316.5+0.293%$47.1M$29.0Mas long as short
Pacifica XAU+0.0100%1h4,304.1+0.006%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,313.5+0.225%$272K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,309.9+0.140%$19.9M$40.2M25xas long as short
Extended XAU-USDlong+0.0104%1h4,303.8long leg$13.2M$36.6M25x
MEXC XAU_USDT+0.0108%4h4,308+0.097%$366.9M$340.5M1000xas long as short
Binance XAUUSDT+0.0110%4h4,308.1+0.100%$429.1M$2.16B100xas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,316.1+0.284%$1.4M$3.0M25xas long as short
Aevo XAU-PERP+0.0112%1h4,307.2+0.078%$160K$8710xas long as short
Gate XAU_USDT+0.0116%4h4,309.4+0.129%$284.7M$430.2M100xas long as short
StandX XAU-USD+0.0118%1h4,313.1+0.215%$3.8M$4.5M40xas long as short
Hotstuff GOLD-PERP+0.0120%1h4,303.9+0.001%$32K25xas long as short
edgeX XAUUSDC+0.0127%4h4,313.1+0.216%$30.0M$59.8M50xas long as short
Bitget XAUUSDT+0.0190%4h4,307.9+0.095%$70.6M$121.4M100xas long as short
Bullet GOLD-USDshort+0.0199%1h4,307.5+0.085%$59K$81K10x
Polymarket Perps GOLD-USD+0.0221%1h4,307.4+0.083%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0229%1h4,305+0.027%$573K$138K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0238%1h4,307.3+0.080%$136K$864K25xas long as short
OKX XAU-USDT-SWAP+0.0264%8h4,307.9+0.094%$175.2M$305.1M100xas long as short
BloFin XAU-USDT+0.0371%4h4,308.4+0.106%$16.5M$5.0M100xas long as short
Phemex XAUUSDT+0.0455%4h4,312.2+0.194%$2.2M$949K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0464% / S −0.0311%1h4,307.9+0.093%$253K111xas long as short
HTX XAU-USDT+0.0540%4h4,314.3+0.242%$3.2M$6.1M75xas long as short
RISEx XAU/USDC+0.0643%1h4,307.4+0.082%$4.5M$13.1M25xas long as short