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+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Vest against Extended+0.840%50s7-day average +0.917% · 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 3 days (all we have)−0.001%$0 on $10k
Price spread, last 7 days+0.037%+$4 · spread now +0.840%, 7d avg +0.917%
Together, before fees+0.036%+ Points / potential airdropExtended: Active · Vest: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.077% cheaper against Extended than usual: you would sell low and buy high (spread +0.840% now, against its 7-day average of +0.917%). If the spread goes back, that is −$8 on $10k: about 19 days of funding at the current rate ($0 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,346.70.0032pay 0.0004% / 1h45m 34s$13.2M$37.3M25x
ShortVest GC-PERP4,383.20.0046get 0.0006% / 1h45m 34s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$2.87
Price spread: +0.840% → +0.917%
−$7.73
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$11.86
Costs to cover
0.070%
Break-even
35.9 days
Slippage unknown: Extended: live order book, 4 min ago; Vest: 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, 4 min ago0.12 bp3.4 bp −$34.5 bp −$457.7 bp −$76527.3 bp −$13.6K
Sell Vest no order-book sample
Vest: 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
Bluefin GOLD-PERP−0.0052%1h4,344.4−0.052%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,354.9+0.189%$93K$8.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,346.3−0.010%$272K250xas long as short
Hotstuff GOLD-PERP+0.0008%1h4,347.4+0.016%$33K25xas long as short
Extended XAU-USDlong+0.0032%1h4,346.7long leg$13.2M$37.3M25x
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.086%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,351.5+0.111%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,348.9+0.051%$5.5M$2.1M20xas long as short
Vest GC-PERPshort+0.0046%1h4,383.2+0.840%$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,347.3+0.014%$293.7M$49.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,346.9+0.005%$15.1M$56.7M25xas long as short
RISEx XAU/USDC+0.0054%1h4,351.2+0.104%$3.7M$12.5M25xas long as short
Kalshi KXGOLDPERP+0.0054%24h4,349.3+0.060%$4.2M$39.4M15xas long as short
Lighter XAU+0.0056%1h4,349.6+0.067%$20.7M$30.4M25xas long as short
Paradex XAU-USD-PERP+0.0070%8h4,350.5+0.087%$19K$5K5xas long as short
Bybit XAUUSDT+0.0071%4h4,351.4+0.109%$80.2M$151.7M150xas long as short
Gate XAU_USDT+0.0072%4h4,352.1+0.125%$271.7M$397.5M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,348.6+0.044%$2.1M$4.7M25xas long as short
Pacifica XAU+0.0100%1h4,346.9+0.004%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,347+0.007%$277K$204K50xas long as short
Lighter RH XAU+0.0104%1h4,352.1+0.124%$20.1M$38.2M25xas long as short
Aster XAUUSD1+0.0105%4h4,352.4+0.130%$71.6M$331.2M20xas long as short
Variational Omni XAU+0.0107%4h4,349.4+0.062%$48.5M$27.6Mas long as short
Aevo XAU-PERP+0.0112%1h4,349.5+0.065%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,350.6+0.090%$370.2M$318.0M1000xas long as short
Binance XAUUSDT+0.0118%4h4,350.6+0.090%$418.8M$2.09B100xas long as short
edgeX XAUUSDC+0.0119%4h4,346.1−0.013%$30.2M$58.2M50xas long as short
GRVT XAU_USDT_Perp+0.0120%4h4,350.4+0.087%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0127%1h4,347.7+0.023%$47K$77K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0141%1h4,348.6+0.044%$203K$822K25xas long as short
Bullet GOLD-USD+0.0158%1h4,350.1+0.080%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0167%1h4,350+0.076%$4.3M$2.0M20xas long as short
Phemex XAUUSDT+0.0200%4h4,352.9+0.142%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0246%1h4,347.2+0.011%$591K$128K25xas long as short
HTX XAU-USDT+0.0266%4h4,352.4+0.131%$2.8M$4.6M75xas long as short
Bitget XAUUSDT+0.0280%4h4,351.3+0.105%$71.5M$107.9M100xas long as short
OKX XAU-USDT-SWAP+0.0336%8h4,351.8+0.118%$168.3M$282.2M100xas long as short
BloFin XAU-USDT+0.0371%4h4,349.2+0.059%$15.8M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,350.1+0.080%$251K111xas long as short