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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0162%/8h= +17.7% APRnext payment +$0.20 per $10,000 · paid last 24h +0.047%
Price spread now: GMX against Extended−0.031%103s7-day average +0.067% · you buy dearer than you sell
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)+0.121%+$12 on $10k
Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.031%, 7d avg +0.067%
Together, before fees+0.309%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.098% cheaper against Extended than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.067%). If the spread goes back, that is −$10 on $10k: about 2.0 days of funding at the current rate (+$5 a day). The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,328.30.0144pay 0.0018% / 1h6m 39s$12.7M$34.8M25x
ShortGMX GOLD/USD [ETH-USDC]4,326.9L +0.0458% / S −0.0306%get 0.0038% / 1h6m 39s$252K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$33.93
Price spread: −0.031% → +0.067%
−$9.81
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$7.12
Costs to cover
0.170%
Break-even
5.5 days
Slippage unknown: Extended: live order book, 6 min ago; GMX: 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, 6 min ago0.12 bp4.8 bp −$56.7 bp −$679.9 bp −$98729.6 bp −$14.8K
Sell GMX no order-book sample
GMX: 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 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−0.8192%1h4,328.4+0.003%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,336.5+0.191%$92K$6.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,322.8−0.127%$274K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,322.3−0.138%$2.1M$5.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.511%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,331.1+0.065%$6.7M$3.2M20xas long as short
StandX XAU-USD+0.0040%1h4,324.8−0.081%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,361.1+0.758%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,329.2+0.021%$292.2M$52.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,327.1−0.028%$15.1M$57.9M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,331.4+0.071%$2K$13K5xas long as short
RISEx XAU/USDC+0.0056%1h4,332.4+0.094%$4.7M$13.5M25xas long as short
Phoenix GOLD+0.0076%1h4,322−0.145%$43K$72K25xas long as short
Aster XAUUSD1+0.0076%4h4,334.1+0.135%$73.6M$274.8M20xas long as short
Variational Omni XAU+0.0089%4h4,324.5−0.087%$47.2M$29.3Mas long as short
Lighter XAU+0.0096%1h4,331.3+0.071%$20.2M$30.3M25xas long as short
Pacifica XAU+0.0100%1h4,328.6+0.007%$1.4M$1.3M10xas long as short
Gate XAU_USDT+0.0100%4h4,333.6+0.123%$303.0M$448.1M100xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,321.6−0.155%$284K$223K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,325.3−0.070%$25K$1K20xas long as short
Bybit XAUUSDT+0.0109%4h4,333.3+0.117%$80.7M$171.3M150xas long as short
MEXC XAU_USDT+0.0110%4h4,332.2+0.089%$362.1M$364.0M1000xas long as short
Binance XAUUSDT+0.0112%4h4,332.2+0.090%$440.9M$2.38B100xas long as short
Aevo XAU-PERP+0.0112%1h4,329.6+0.031%$160K$8710xas long as short
edgeX XAUUSDC+0.0116%4h4,322.9−0.125%$30.2M$66.3M50xas long as short
GRVT XAU_USDT_Perp+0.0116%4h4,325.6−0.062%$1.4M$3.1M25xas long as short
Kalshi KXGOLDPERP+0.0133%24h4,330.6+0.053%$3.5M$50.2M15xas long as short
Polymarket Perps GOLD-USD+0.0135%1h4,326.9−0.032%$4.3M$1.7M20xas long as short
Extended XAU-USDlong+0.0144%1h4,328.3long leg$12.7M$34.8M25x
Lighter RH XAU+0.0160%1h4,334.7+0.149%$19.8M$40.7M25xas long as short
Bullet GOLD-USD+0.0196%1h4,330.8+0.058%$59K$76K10xas long as short
Bitget XAUUSDT+0.0216%4h4,332.6+0.099%$74.1M$134.9M100xas long as short
OKX XAU-USDT-SWAP+0.0245%8h4,333.2+0.113%$171.0M$355.1M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0281%1h4,330.4+0.049%$135K$747K25xas long as short
Phemex XAUUSDT+0.0329%4h4,333.2+0.113%$2.2M$782K100xas long as short
BloFin XAU-USDT+0.0351%4h4,332+0.086%$16.3M$5.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0411%1h4,327.6−0.017%$582K$165K25xas long as short
GMX GOLD/USD [ETH-USDC]shortL +0.0458% / S −0.0306%1h4,326.9−0.031%$252K111x
HTX XAU-USDT+0.1128%4h4,338.9+0.246%$3.2M$7.0M75xas long as short