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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0079%/8hnext payment +$0.10 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Injective+0.033%100s7-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 airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.033% dearer against Injective 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). The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h21m 31s$619$5452x
ShortExtended XAU-USD4,351.80.0112get 0.0014% / 1h21m 31s$13.1M$51.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Injective. 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
$16.52
Price spread: +0.033% → 0.000%
$3.29
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$14.79
Costs to cover
0.050%
Break-even
0.7 days
Slippage unknown: Injective: no order-book sample; Extended: live order book, 2 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 Injective no order-book sample
Sell Extended live order book, 2 min ago0.12 bp2.6 bp −$33.0 bp −$308.3 bp −$832doesn't fit
Injective: 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
SunX XAU-USDT0.0000%4h4,360.2+0.225%$93K$11.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,352.8+0.054%$267K250xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
Kalshi KXGOLDPERP+0.0034%24h4,354.9+0.103%$4.0M$32.3M15xas long as short
StandX XAU-USD+0.0040%1h4,356.7+0.144%$3.8M$4.4M40xas long as short
Vest GC-PERP+0.0046%1h4,390.7+0.926%$995K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,352.4+0.046%$294.0M$51.6M25xas long as short
QFEX GOLD-USD+0.0050%1h4,354.8+0.101%$5.5M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,350.7+0.006%$14.9M$51.2M25xas long as short
Paradex XAU-USD-PERP+0.0069%8h4,355.9+0.126%$19K$6K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAU+0.0072%1h4,355.3+0.112%$20.8M$46.2M25xas long as short
Gate XAU_USDT+0.0072%4h4,357.1+0.154%$273.6M$406.5M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,353.9+0.080%$2.0M$5.2M25xas long as short
Hotstuff GOLD-PERP+0.0096%1h4,352.5+0.048%$33K25xas long as short
RISEx XAU/USDC+0.0100%1h4,355.3+0.113%$3.6M$12.3M25xas long as short
Pacifica XAU+0.0100%1h4,352.7+0.052%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,352+0.035%$273K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,350.2−0.006%$26K$21K20xas long as short
Extended XAU-USDshort+0.0112%1h4,351.8+0.033%$13.1M$51.4M25x
Aevo XAU-PERP+0.0112%1h4,356+0.128%$161K$8710xas long as short
Bullet GOLD-USD+0.0113%1h4,356+0.128%$59K$77K10xas long as short
Variational Omni XAU+0.0134%4h4,355.3+0.113%$47.7M$34.5Mas long as short
MEXC XAU_USDT+0.0138%4h4,355.3+0.111%$379.3M$334.4M1000xas long as short
Binance XAUUSDT+0.0140%4h4,355.2+0.110%$415.2M$2.07B100xas long as short
Aster XAUUSD1+0.0147%4h4,355.3+0.112%$70.3M$240.4M20xas long as short
edgeX XAUUSDC+0.0147%4h4,353.7+0.076%$30.3M$56.8M50xas long as short
Phoenix GOLD+0.0151%1h4,353.7+0.075%$43K$64K25xas long as short
GRVT XAU_USDT_Perp+0.0156%4h4,356.1+0.131%$1.4M$3.4M25xas long as short
Lighter RH XAU+0.0160%1h4,357.8+0.169%$20.4M$44.8M25xas long as short
Bybit XAUUSDT+0.0175%4h4,356.3+0.136%$84.1M$140.1M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0186%1h4,354.8+0.101%$222K$959K25xas long as short
Polymarket Perps GOLD-USD+0.0198%1h4,356.7+0.144%$4.4M$2.3M20xas long as short
Bitget XAUUSDT+0.0268%4h4,355.4+0.114%$69.1M$109.4M100xas long as short
HTX XAU-USDT+0.0283%4h4,358.3+0.182%$2.8M$3.6M75xas long as short
OKX XAU-USDT-SWAP+0.0313%8h4,356.3+0.135%$158.2M$269.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,354.3+0.089%$588K$108K25xas long as short
Phemex XAUUSDT+0.0339%4h4,358.4+0.182%$2.2M$1.1M100xas long as short
BloFin XAU-USDT+0.0380%4h4,356+0.128%$14.9M$4.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0457% / S −0.0291%1h4,356+0.129%$251K111xas long as short