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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%
Price spread now: StandX against Injective−0.899%50s7-day average · you buy dearer than you sell
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 airdropStandX: Active · farm boardneeds both histories
Funding pays, the price is against you. StandX is 0.899% cheaper against Injective than usual: you would sell low and buy high (spread −0.899% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$90 on $10k: about 50 days of funding at the current rate (+$2 a day). The two prices were read 50 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% / 1h20m 24s$619$5452x
ShortStandX XAU-USD4,311.30.0093get 0.0012% / 1h20m 24s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$12.54
Price spread: −0.899% → 0.000%
−$89.92
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee StandX: 4 bp × 2 orders
−$8
Net
−$85.4
Costs to cover
0.080%
Break-even
54.7 days
Slippage unknown: Injective: no order-book sample; StandX: live order book, 4 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 StandX live order book, 4 min ago0.12 bp10.3 bp −$1010.9 bp −$10911.9 bp −$1,185doesn'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%4h4,315.6−0.800%$92K$6.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,307.7−0.982%$273K250xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
Vest GC-PERP+0.0046%1h4,343.5−0.159%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,309.1−0.950%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,308.3−0.968%$291.0M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,310.3−0.922%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,307.5−0.987%$15.0M$56.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,306.7−1.005%$2.0M$5.1M25xas long as short
Paradex XAU-USD-PERP+0.0062%8h4,309.8−0.934%$2K$13K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAUUSD1+0.0069%4h4,313.1−0.858%$73.6M$271.5M20xas long as short
Lighter XAU+0.0080%1h4,309.4−0.942%$20.2M$29.6M25xas long as short
Hotstuff GOLD-PERP+0.0080%1h4,306.8−1.003%$32K25xas long as short
Extended XAU-USD+0.0088%1h4,308−0.974%$13.0M$36.1M25xas long as short
StandX XAU-USDshort+0.0093%1h4,311.3−0.899%$3.8M$4.5M40x
Phoenix GOLD+0.0095%1h4,301.6−1.122%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,306.5−1.010%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,301.8−1.119%$273K$219K50xas long as short
Lighter RH XAU+0.0104%1h4,312−0.883%$19.8M$40.6M25xas long as short
Aevo XAU-PERP+0.0112%1h4,310.3−0.922%$160K$8710xas long as short
Kalshi KXGOLDPERP+0.0114%24h4,312.8−0.865%$3.6M$47.1M15xas long as short
Variational Omni XAU+0.0115%4h4,311.4−0.896%$46.9M$29.9Mas long as short
edgeX XAUUSDC+0.0117%4h4,300.7−1.142%$30.0M$62.5M50xas long as short
MEXC XAU_USDT+0.0122%4h4,311.8−0.887%$360.3M$347.7M1000xas long as short
RISEx XAU/USDC+0.0126%1h4,312−0.883%$4.5M$13.4M25xas long as short
Binance XAUUSDT+0.0130%4h4,311.4−0.896%$437.3M$2.26B100xas long as short
Bybit XAUUSDT+0.0141%4h4,313.4−0.851%$79.7M$161.3M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0168%1h4,310.9−0.908%$133K$832K25xas long as short
Gate XAU_USDT+0.0178%4h4,313.5−0.848%$302.0M$436.4M100xas long as short
GRVT XAU_USDT_Perp+0.0188%4h4,306.4−1.012%$1.4M$3.1M25xas long as short
Bullet GOLD-USD+0.0197%1h4,311.9−0.885%$58K$77K10xas long as short
Bitget XAUUSDT+0.0202%4h4,311.7−0.891%$70.3M$127.6M100xas long as short
OKX XAU-USDT-SWAP+0.0251%8h4,312.7−0.867%$170.6M$341.2M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,309.2−0.947%$573K$139K25xas long as short
BloFin XAU-USDT+0.0394%4h4,311.7−0.889%$16.4M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0313%1h4,311.5−0.895%$254K111xas long as short
Phemex XAUUSDT+0.0473%4h4,312.9−0.863%$2.2M$959K100xas long as short
HTX XAU-USDT+0.1204%4h4,317.3−0.762%$3.2M$6.9M75xas long as short
Bluefin GOLD-PERP+0.2382%1h4,305.5−1.033%$25K$1K20xas long as short