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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0043%/8h= +4.8% APRnext payment +$0.05 per $10,000 · paid last 24h +0.013%
Price spread now: Vest against gTrade (Gains Network)+0.892%7-day average +0.869% · 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)+0.043%+$4 on $10k
Price spread, last 3 days (all we have)−0.079%−$8 · spread now +0.892%, 7d avg +0.869%
Together, before fees−0.036%+ Points / potential airdropVest: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.023% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.869%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAU/USD4,347.9L +0.0002% / S −0.0003%pay 0.0000% / 1h12m 54s$269K250x
ShortVest GC-PERP4,386.70.0046get 0.0006% / 1h12m 54s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against gTrade (Gains Network). 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
$9.11
Price spread: +0.892% → +0.869%
$2.27
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$2.38
Costs to cover
0.090%
Break-even
5.2 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 21 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 gTrade (Gains Network) virtual book (oracle venue), 21 min ago130.01 bp133.5 bp −$134196.7 bp −$1,9671352.9 bp −$135.3K5907.8 bp −$2.95M
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 38 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
Gate XAU_USDT0.0000%4h4,354.4+0.149%$263.4M$414.3M100xas long as short
SunX XAU-USDT0.0000%4h4,357.1+0.212%$93K$9.5M20xas long as short
gTrade (Gains Network) XAU/USDlongL +0.0002% / S −0.0003%1h4,347.9long leg$269K250x
Hotstuff GOLD-PERP+0.0016%1h4,351.2+0.076%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,348.7+0.018%$13.5M$41.8M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.058%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,350.4+0.057%$4.1M$36.1M15xas long as short
Aster XAUUSD1+0.0035%4h4,353.5+0.128%$70.4M$301.6M20xas long as short
StandX XAU-USD+0.0040%1h4,358.7+0.248%$3.8M$4.7M40xas long as short
Vest GC-PERPshort+0.0046%1h4,386.7+0.892%$1.0M25x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,350+0.048%$294.0M$48.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,349.7+0.041%$14.9M$58.0M25xas long as short
QFEX GOLD-USD+0.0051%1h4,353.6+0.131%$5.6M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,351.4+0.080%$20.6M$43.7M25xas long as short
Lighter RH XAU+0.0064%1h4,353.7+0.132%$20.1M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,349.3+0.032%$2.0M$5.0M25xas long as short
Polymarket Perps GOLD-USD+0.0076%1h4,352.2+0.099%$4.3M$1.9M20xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,353.8+0.136%$19K$5K5xas long as short
Variational Omni XAU+0.0086%4h4,356+0.187%$48.2M$28.1Mas long as short
Pacifica XAU+0.0100%1h4,351.4+0.080%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,352.6+0.109%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,347−0.020%$25K$14K20xas long as short
MEXC XAU_USDT+0.0104%4h4,352.6+0.108%$375.3M$324.1M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,351.8+0.090%$161K$8710xas long as short
Binance XAUUSDT+0.0105%4h4,352.9+0.115%$409.0M$2.10B100xas long as short
edgeX XAUUSDC+0.0112%4h4,351.9+0.092%$30.3M$60.0M50xas long as short
GRVT XAU_USDT_Perp+0.0120%4h4,355.1+0.166%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0121%1h4,356.9+0.207%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,352.9+0.115%$3.4M$12.4M25xas long as short
Bullet GOLD-USD+0.0168%1h4,352.7+0.111%$59K$83K10xas long as short
Bybit XAUUSDT+0.0180%4h4,353.8+0.136%$83.6M$144.2M150xas long as short
Bitget XAUUSDT+0.0186%4h4,353.3+0.123%$69.5M$109.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0233%1h4,350.7+0.064%$249K$679K25xas long as short
OKX XAU-USDT-SWAP+0.0239%8h4,353.7+0.133%$164.8M$281.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,349.8+0.044%$593K$139K25xas long as short
Phemex XAUUSDT+0.0363%4h4,355.5+0.175%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0391% / S −0.0197%1h4,352.4+0.103%$251K111xas long as short
HTX XAU-USDT+0.0563%4h4,358.7+0.249%$2.9M$3.9M75xas long as short