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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.370%
Price spread now: edgeX against Hotstuff+0.034%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 airdropHotstuff: Active · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.034% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,321.9−0.0096get 0.0012% / 1h57m 30s$35K$3K25x
ShortedgeX XAUUSDC4,323.40.0089get 0.0045% / 4h57m 30s$30.2M$66.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Hotstuff. 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
$38.87
Price spread: +0.034% → 0.000%
$3.44
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$28.31
Costs to cover
0.140%
Break-even
1.9 days
Slippage unknown: Hotstuff: no order-book sample; edgeX: live order book, 5 min ago. 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 Hotstuff no order-book sample
Sell edgeX live order book, 5 min ago0.12 bp4.8 bp −$55.0 bp −$508.2 bp −$82239.2 bp −$19.6K
Hotstuff: 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-PERPlong−0.0096%1h4,321.9long leg$35K$3K25x
Coinbase International GOLD-PERP-INTX−0.0032%1h4,321.5−0.009%$2.1M$5.0M25xas long as short
SunX XAU-USDT0.0000%4h4,329.7+0.181%$92K$5.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,321.6−0.006%$307K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.660%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,326.5+0.106%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,323.7+0.042%$6.7M$3.3M20xas long as short
Aster XAUUSD1+0.0042%4h4,326.1+0.098%$71.5M$276.6M20xas long as short
Vest GC-PERP+0.0046%1h4,358.1+0.838%$1.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,320.7−0.027%$15.2M$59.3M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,323.6+0.040%$2K$13K5xas long as short
RISEx XAU/USDC+0.0062%1h4,324.5+0.061%$4.6M$13.3M25xas long as short
Variational Omni XAU+0.0066%4h4,327.9+0.138%$47.2M$27.9Mas long as short
Gate XAU_USDT+0.0068%4h4,326.4+0.104%$299.2M$430.8M100xas long as short
Lighter XAU+0.0080%1h4,323.1+0.027%$20.1M$29.9M25xas long as short
MEXC XAU_USDT+0.0080%4h4,324.7+0.064%$362.4M$347.7M1000xas long as short
Binance XAUUSDT+0.0081%4h4,324.9+0.070%$440.9M$2.42B100xas long as short
edgeX XAUUSDCshort+0.0089%4h4,323.4+0.034%$30.2M$66.2M50x
GRVT XAU_USDT_Perp+0.0090%4h4,329.2+0.170%$1.4M$3.1M25xas long as short
Pacifica XAU+0.0100%1h4,321.90.000%$1.4M$1.4M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,325.8+0.089%$287K$227K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,321.5−0.009%$25K$1K20xas long as short
Aevo XAU-PERP+0.0104%1h4,324.5+0.060%$160K$8710xas long as short
tradeXYZ xyz:GOLD+0.0106%1h4,321.90.000%$292.0M$51.9M25xas long as short
Phoenix GOLD+0.0127%1h4,327.4+0.127%$43K$71K25xas long as short
Lighter RH XAU+0.0144%1h4,326.5+0.106%$19.5M$38.9M25xas long as short
Kalshi KXGOLDPERP+0.0145%24h4,326.6+0.109%$3.5M$51.5M15xas long as short
Bybit XAUUSDT+0.0154%4h4,326.2+0.100%$83.0M$166.9M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,323.7+0.042%$135K$659K25xas long as short
Extended XAU-USD+0.0192%1h4,320.1−0.041%$12.5M$34.2M25xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,322.9+0.024%$582K$166K25xas long as short
Bitget XAUUSDT+0.0198%4h4,325.5+0.082%$73.0M$140.3M100xas long as short
Phemex XAUUSDT+0.0201%4h4,328.4+0.150%$2.3M$733K100xas long as short
Polymarket Perps GOLD-USD+0.0220%1h4,325.1+0.074%$4.3M$1.7M20xas long as short
Bullet GOLD-USD+0.0225%1h4,325.9+0.092%$59K$77K10xas long as short
OKX XAU-USDT-SWAP+0.0226%8h4,325.4+0.081%$171.0M$361.6M100xas long as short
BloFin XAU-USDT+0.0322%4h4,327.3+0.124%$16.5M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0258%1h4,326+0.094%$253K111xas long as short
HTX XAU-USDT+0.1028%4h4,332.5+0.245%$3.2M$7.1M75xas long as short