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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+3.2040%/8h= +3508.4% APRnext payment +$40.05 per $10,000 · paid last 24h +0.351%
Price spread now: StandX against Hotstuff+0.398%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 · StandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$961 a day on $10k at the current rate, and StandX is 0.398% dearer against Hotstuff than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,318.3−3.2000get 0.4000% / 1h43m 57s$32K25x
ShortStandX XAU-USD4,335.50.0040get 0.0005% / 1h43m 57s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$6,728.4
Price spread: +0.398% → 0.000%
$39.83
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
$6,755.23
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; StandX: live order book, 3 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 StandX live order book, 3 min ago2.08 bp7.6 bp −$88.5 bp −$8510.5 bp −$1,04911.8 bp −$5,878
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−3.2000%1h4,318.3long leg$32K25x
SunX XAU-USDT0.0000%4h4,338.7+0.472%$92K$5.9M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,330.5+0.283%$2.1M$5.2M25xas long as short
Bluefin GOLD-PERP+0.0002%1h4,328.9+0.245%$25K$1K20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,331.8+0.312%$304K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.744%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,335.5+0.398%$3.8M$4.5M40x
QFEX GOLD-USD+0.0041%1h4,333.7+0.357%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,368.2+1.156%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,332.4+0.327%$292.5M$51.6M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,330.5+0.282%$15.1M$59.4M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,334.2+0.369%$2K$13K5xas long as short
Aster XAUUSD1+0.0056%4h4,336.1+0.411%$72.4M$276.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0073%1h4,334.5+0.375%$135K$707K25xas long as short
Variational Omni XAU+0.0074%4h4,333.5+0.353%$47.3M$29.2Mas long as short
Polymarket Perps GOLD-USD+0.0074%1h4,334.2+0.368%$4.3M$1.7M20xas long as short
Gate XAU_USDT+0.0078%4h4,336.9+0.431%$298.2M$444.9M100xas long as short
Lighter XAU+0.0080%1h4,335.1+0.388%$20.2M$30.4M25xas long as short
Lighter RH XAU+0.0088%1h4,337.3+0.441%$19.7M$40.0M25xas long as short
MEXC XAU_USDT+0.0094%4h4,334.4+0.374%$367.0M$353.2M1000xas long as short
GRVT XAU_USDT_Perp+0.0094%4h4,336.8+0.428%$1.4M$3.1M25xas long as short
Binance XAUUSDT+0.0094%4h4,334.4+0.373%$442.6M$2.43B100xas long as short
Pacifica XAU+0.0100%1h4,331+0.294%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,334.5+0.375%$284K$223K50xas long as short
Aevo XAU-PERP+0.0104%1h4,334.3+0.370%$161K$8710xas long as short
edgeX XAUUSDC+0.0117%4h4,333.9+0.361%$30.3M$67.7M50xas long as short
Extended XAU-USD+0.0120%1h4,331+0.294%$12.5M$34.6M25xas long as short
Bybit XAUUSDT+0.0121%4h4,335.9+0.408%$82.8M$172.2M150xas long as short
Phoenix GOLD+0.0127%1h4,334.2+0.368%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0137%24h4,336.4+0.419%$3.5M$51.1M15xas long as short
Bullet GOLD-USD+0.0165%1h4,335.2+0.390%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,334.8+0.383%$4.7M$13.2M25xas long as short
Bitget XAUUSDT+0.0212%4h4,335+0.386%$72.8M$139.5M100xas long as short
Phemex XAUUSDT+0.0227%4h4,338.4+0.465%$2.3M$772K100xas long as short
OKX XAU-USDT-SWAP+0.0237%8h4,336.1+0.412%$170.7M$361.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,332.3+0.324%$583K$169K25xas long as short
BloFin XAU-USDT+0.0336%4h4,334.8+0.383%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,334.8+0.383%$253K111xas long as short
HTX XAU-USDT+0.1076%4h4,341.1+0.529%$3.2M$7.1M75xas long as short