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−0.1110%/8h= −121.5% APRnext payment $5.55 per $10,000 · paid last 24h −0.090%
Price spread now: Aster against HTX−0.061%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.061%, 7d avg −0.047%
Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: −$33 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAU-USDT4,325.40.1180pay 0.0590% / 4h3h 17m$3.2M$6.9M75x
ShortAster XAUUSD14,322.80.0070get 0.0035% / 4h3h 17m$74.0M$271.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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
−$233.1
Price spread: −0.061% → −0.047%
−$1.38
Slippage, 4 orders
−$4.4
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$258.88
Costs to cover
0.244%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; Aster: live order book, 1 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 HTX live order book, 1 min ago0.01 bp6.4 bp −$610.1 bp −$10124.6 bp −$2,457doesn't fit
Sell Aster live order book, 1 min ago0.01 bp4.4 bp −$45.3 bp −$5332.1 bp −$3,211doesn'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
SunX XAU-USDT0.0000%4h4,322.6−0.065%$92K$6.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,313.2−0.281%$274K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.579%$619$5452xas long as short
Vest GC-PERP+0.0046%1h4,348.2+0.527%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,313.7−0.270%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,317.6−0.180%$291.6M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,316.8−0.199%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,311.6−0.318%$15.0M$56.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,312.9−0.289%$2.0M$5.2M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,315.1−0.239%$2K$13K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAUUSD1short+0.0070%4h4,322.8−0.061%$74.0M$271.4M20x
Lighter XAU+0.0080%1h4,320.5−0.114%$20.3M$29.7M25xas long as short
StandX XAU-USD+0.0086%1h4,314.2−0.259%$3.8M$4.5M40xas long as short
Extended XAU-USD+0.0088%1h4,317.6−0.180%$13.0M$35.8M25xas long as short
Phoenix GOLD+0.0095%1h4,301.6−0.550%$42K$86K25xas long as short
Lighter RH XAU+0.0096%1h4,322.8−0.060%$19.8M$40.7M25xas long as short
Pacifica XAU+0.0100%1h4,311.4−0.323%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,308.7−0.387%$277K$223K50xas long as short
Aevo XAU-PERP+0.0112%1h4,317.2−0.188%$160K$8710xas long as short
Kalshi KXGOLDPERP+0.0114%24h4,318.4−0.162%$3.6M$47.4M15xas long as short
Variational Omni XAU+0.0115%4h4,311.4−0.323%$46.9M$29.9Mas long as short
RISEx XAU/USDC+0.0126%1h4,316.7−0.202%$4.5M$13.5M25xas long as short
Hotstuff GOLD-PERP+0.0128%1h4,311.3−0.326%$32K25xas long as short
MEXC XAU_USDT+0.0128%4h4,321.7−0.086%$355.0M$350.0M1000xas long as short
Binance XAUUSDT+0.0129%4h4,321.3−0.095%$438.3M$2.27B100xas long as short
edgeX XAUUSDC+0.0137%4h4,306.9−0.427%$30.0M$62.7M50xas long as short
Bybit XAUUSDT+0.0142%4h4,322.7−0.061%$80.1M$161.9M150xas long as short
Gate XAU_USDT+0.0182%4h4,322.6−0.065%$301.3M$437.7M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,317.7−0.178%$133K$811K25xas long as short
Bullet GOLD-USD+0.0196%1h4,317−0.194%$58K$77K10xas long as short
Bitget XAUUSDT+0.0202%4h4,321.5−0.091%$70.5M$128.1M100xas long as short
GRVT XAU_USDT_Perp+0.0250%4h4,312.3−0.303%$1.4M$3.1M25xas long as short
OKX XAU-USDT-SWAP+0.0250%8h4,322.4−0.069%$171.4M$343.8M100xas long as short
Phemex XAUUSDT+0.0324%4h4,320.6−0.111%$2.2M$961K100xas long as short
Kraken Futures PF_XAUUSD+0.0327%1h4,315.2−0.236%$574K$143K25xas long as short
BloFin XAU-USDT+0.0369%4h4,312.8−0.292%$16.4M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0313%1h4,316.9−0.197%$255K111xas long as short
HTX XAU-USDTlong+0.1180%4h4,325.4long leg$3.2M$6.9M75x
Bluefin GOLD-PERP+0.2217%1h4,311.6−0.318%$25K$1K20xas long as short