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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0563%/8h= −61.6% APRnext payment $2.81 per $10,000 · paid last 24h −0.013%
Price spread now: edgeX against HTX−0.208%77s7-day average −0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 3 days (all we have)−0.052%−$5 · spread now −0.208%, 7d avg −0.212%
Together, before fees−0.009%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.212%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.81 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-USDT4,365.20.0586pay 0.0293% / 4h3h 23m$2.9M$3.9M75x
ShortedgeX XAUUSDC4,356.20.0023get 0.0011% / 4h3h 23m$30.3M$60.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$118.16
Price spread: −0.208% → −0.212%
$0.47
Slippage, 4 orders
−$5.67
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$144.37
Costs to cover
0.267%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; edgeX: live order book, 5 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, 5 min ago0.01 bp7.4 bp −$711.9 bp −$11923.4 bp −$2,338doesn't fit
Sell edgeX live order book, 5 min ago0.34 bp4.8 bp −$55.0 bp −$508.1 bp −$81336.2 bp −$18.1K

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
Aster XAUUSD10.0000%4h4,359.1−0.142%$71.0M$200.2M20xas long as short
Gate XAU_USDT0.0000%4h4,359.6−0.129%$266.7M$416.4M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,358.2−0.161%$4.0M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,365.1−0.004%$93K$10.2M20xas long as short
Variational Omni XAU0.0000%4h4,360.4−0.110%$47.8M$28.1Mas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,356.7−0.195%$267K250xas long as short
MEXC XAU_USDT+0.0020%4h4,358.6−0.151%$372.6M$328.0M1000xas long as short
Binance XAUUSDT+0.0022%4h4,358.1−0.164%$411.5M$2.15B100xas long as short
edgeX XAUUSDCshort+0.0023%4h4,356.2−0.208%$30.3M$60.3M50x
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.340%$619$5452xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0040%1h4,362.4−0.065%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,361−0.097%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,395.1+0.684%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,361.3−0.091%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,354.9−0.237%$293.6M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,356.2−0.206%$14.7M$57.2M25xas long as short
Phoenix GOLD+0.0055%1h4,358.5−0.154%$48K$64K25xas long as short
Bitget XAUUSDT+0.0058%4h4,357.7−0.172%$69.1M$113.5M100xas long as short
Lighter XAU+0.0072%1h4,358.8−0.148%$20.6M$44.1M25xas long as short
Paradex XAU-USD-PERP+0.0081%8h4,361.1−0.094%$19K$5K5xas long as short
BloFin XAU-USDT+0.0082%4h4,363.5−0.041%$15.5M$4.5M100xas long as short
Extended XAU-USD+0.0088%1h4,354.7−0.242%$13.5M$43.8M25xas long as short
Aevo XAU-PERP+0.0088%1h4,359.7−0.126%$161K$8710xas long as short
Lighter RH XAU+0.0096%1h4,360.8−0.102%$20.2M$41.0M25xas long as short
Hotstuff GOLD-PERP+0.0096%1h4,358−0.166%$33K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,358.3−0.159%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,357.7−0.172%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,357.8−0.171%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,353.7−0.265%$26K$22K20xas long as short
Bybit XAUUSDT+0.0102%4h4,358.8−0.149%$83.3M$144.2M150xas long as short
Polymarket Perps GOLD-USD+0.0123%1h4,359.6−0.129%$4.3M$1.8M20xas long as short
GRVT XAU_USDT_Perp+0.0154%4h4,362−0.075%$1.4M$3.1M25xas long as short
OKX XAU-USDT-SWAP+0.0198%8h4,359.1−0.141%$163.8M$289.1M100xas long as short
Bullet GOLD-USD+0.0213%1h4,361.4−0.088%$59K$81K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,357.5−0.177%$594K$151K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0232%1h4,359.2−0.138%$235K$656K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,360.8−0.103%$252K111xas long as short
Phemex XAUUSDT+0.0455%4h4,362.5−0.064%$2.2M$1.1M100xas long as short
HTX XAU-USDTlong+0.0586%4h4,365.2long leg$2.9M$3.9M75x