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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0350%/8h= −38.3% APRpaid last 24h −0.075%
Price spread now: Vest against HTX+0.724%46s7-day average +0.809% · 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)−0.044%−$4 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.724%, 7d avg +0.809%
Together, before fees−0.070%+ Points / potential airdropVest: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Vest is 0.085% cheaper against HTX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.809%). Swap the legs. The two prices were read 46 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 3 days it paid -0.044% in total (about -4.7% a year). A funding rate is set anew for every payment. 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-USDT4,347.90.0396pay 0.0198% / 4h3h 04m$2.8M$4.6M75x
ShortVest GC-PERP4,379.40.0046get 0.0006% / 1h4m 25s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$73.55
Price spread: +0.724% → +0.809%
−$8.46
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$96.01
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 5 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 HTX live order book, 5 min ago0.01 bp6.0 bp −$68.7 bp −$8716.9 bp −$1,688doesn't fit
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 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
Bluefin GOLD-PERP−0.0013%1h4,339.8−0.188%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,350.6+0.062%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.6−0.122%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,347.3−0.014%$3.7M$12.5M25xas long as short
Extended XAU-USD+0.0032%1h4,342.7−0.119%$13.2M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.058%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,346.1−0.042%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,345.1−0.065%$5.6M$2.1M20xas long as short
Vest GC-PERPshort+0.0046%1h4,379.4+0.724%$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,342.9−0.115%$293.8M$49.1M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,343.4−0.104%$15.0M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0052%24h4,344.8−0.072%$4.2M$39.3M15xas long as short
Lighter XAU+0.0056%1h4,345.8−0.049%$20.7M$34.8M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,341.7−0.143%$2.1M$4.7M25xas long as short
Bybit XAUUSDT+0.0059%4h4,347.9−0.001%$80.1M$152.0M150xas long as short
Gate XAU_USDT+0.0060%4h4,348.3+0.009%$268.4M$419.2M100xas long as short
Paradex XAU-USD-PERP+0.0067%8h4,346.4−0.035%$19K$5K5xas long as short
Hotstuff GOLD-PERP+0.0072%1h4,342.6−0.122%$33K25xas long as short
Lighter RH XAU+0.0080%1h4,348.5+0.013%$20.2M$40.2M25xas long as short
Aster XAUUSD1+0.0100%4h4,346.5−0.033%$71.5M$331.5M20xas long as short
Pacifica XAU+0.0100%1h4,343−0.113%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,341.7−0.143%$274K$203K50xas long as short
Variational Omni XAU+0.0105%4h4,345.4−0.059%$48.3M$27.6Mas long as short
Aevo XAU-PERP+0.0112%1h4,345.9−0.047%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,346.9−0.023%$370.4M$321.9M1000xas long as short
Binance XAUUSDT+0.0120%4h4,346.9−0.024%$418.9M$2.09B100xas long as short
edgeX XAUUSDC+0.0135%4h4,340−0.181%$30.2M$57.9M50xas long as short
Phoenix GOLD+0.0136%1h4,341.7−0.143%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0148%4h4,345.6−0.053%$1.4M$2.9M25xas long as short
Phemex XAUUSDT+0.0199%4h4,349.1+0.027%$2.2M$967K100xas long as short
Polymarket Perps GOLD-USD+0.0203%1h4,346.6−0.030%$4.2M$2.0M20xas long as short
Bullet GOLD-USD+0.0206%1h4,347−0.021%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0211%1h4,344.4−0.081%$204K$826K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,343−0.113%$590K$135K25xas long as short
Bitget XAUUSDT+0.0276%4h4,347.4−0.011%$71.1M$108.8M100xas long as short
OKX XAU-USDT-SWAP+0.0331%8h4,348.1+0.004%$167.2M$283.4M100xas long as short
BloFin XAU-USDT+0.0360%4h4,346.2−0.040%$15.8M$4.4M100xas long as short
HTX XAU-USDTlong+0.0396%4h4,347.9long leg$2.8M$4.6M75x
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,346.9−0.022%$250K111xas long as short