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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.012%
Price spread now: RISEx against Extended+0.109%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$120.118% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.045%+$4 on $10k
Price spread, last 7 days−0.062%−$6 · spread now +0.109%, 7d avg +0.093%
Together, before fees−0.018%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,332.50.0032pay 0.0004% / 1h7m 35s$13.1M$36.7M25x
ShortRISEx XAU/USDC4,337.20.0054get 0.0007% / 1h7m 35s$3.8M$12.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$4.62
Price spread: +0.109% → +0.093%
$1.64
Slippage, 4 orders
−$0.84
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$5.58
Costs to cover
0.118%
Break-even
15.5 days
Slippage from Extended: live order book, 2 min ago; RISEx: 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 Extended live order book, 2 min ago0.12 bp2.6 bp −$34.2 bp −$427.4 bp −$73627.1 bp −$13.5K
Sell RISEx live order book, 2 min ago0.01 bp3.0 bp −$33.8 bp −$3861.8 bp −$6,184doesn'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
Bluefin GOLD-PERP−0.0054%1h4,327.4−0.118%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,338.2+0.131%$92K$8.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.6−0.044%$271K250xas long as short
Bybit XAUUSDT+0.0006%4h4,337.3+0.110%$78.5M$156.5M150xas long as short
Extended XAU-USDlong+0.0032%1h4,332.5long leg$13.1M$36.7M25x
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.414%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,333.7+0.028%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,334.2+0.039%$5.5M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,366.9+0.794%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,335.2+0.063%$20.4M$31.8M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,333+0.012%$292.2M$51.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,332.1−0.008%$15.0M$56.5M25xas long as short
RISEx XAU/USDCshort+0.0054%1h4,337.2+0.109%$3.8M$12.5M25x
Kalshi KXGOLDPERP+0.0064%24h4,334.6+0.049%$4.0M$42.2M15xas long as short
Gate XAU_USDT+0.0064%4h4,337.4+0.114%$271.4M$417.7M100xas long as short
Paradex XAU-USD-PERP+0.0071%8h4,336.2+0.086%$19K$5K5xas long as short
Lighter RH XAU+0.0072%1h4,337.9+0.124%$19.9M$39.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,330−0.058%$2.0M$4.8M25xas long as short
Aster XAUUSD1+0.0096%4h4,337.4+0.114%$72.3M$330.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0096%1h4,332.1−0.009%$195K$826K25xas long as short
Pacifica XAU+0.0100%1h4,333.1+0.014%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,330−0.057%$273K$208K50xas long as short
Variational Omni XAU+0.0101%4h4,331.5−0.023%$46.8M$28.6Mas long as short
GRVT XAU_USDT_Perp+0.0104%4h4,333.5+0.022%$1.4M$3.0M25xas long as short
MEXC XAU_USDT+0.0110%4h4,335.9+0.080%$364.2M$331.0M1000xas long as short
Binance XAUUSDT+0.0111%4h4,336.3+0.087%$415.0M$2.12B100xas long as short
Aevo XAU-PERP+0.0112%1h4,333.1+0.015%$160K$8710xas long as short
edgeX XAUUSDC+0.0126%4h4,327.8−0.108%$30.1M$60.3M50xas long as short
Phoenix GOLD+0.0127%1h4,326.6−0.136%$47K$77K25xas long as short
Hotstuff GOLD-PERP+0.0152%1h4,331−0.034%$32K25xas long as short
Bullet GOLD-USD+0.0160%1h4,334.3+0.041%$58K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0176%1h4,334.4+0.044%$4.2M$2.0M20xas long as short
HTX XAU-USDT+0.0230%4h4,336.6+0.094%$2.8M$5.0M75xas long as short
Kraken Futures PF_XAUUSD+0.0247%1h4,330.8−0.040%$590K$130K25xas long as short
Bitget XAUUSDT+0.0252%4h4,335.7+0.074%$68.1M$118.9M100xas long as short
OKX XAU-USDT-SWAP+0.0329%8h4,336.5+0.093%$170.6M$297.3M100xas long as short
BloFin XAU-USDT+0.0357%4h4,333.3+0.020%$16.0M$4.5M100xas long as short
Phemex XAUUSDT+0.0376%4h4,335.2+0.062%$2.2M$962K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0303%1h4,334.2+0.039%$253K111xas long as short