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−0.0038%/8h= −4.2% APRnext payment $0.19 per $10,000 · paid last 24h −0.008%
Price spread now: Aster against MEXC+0.021%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$120.122% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 7 days−0.016%−$2 · spread now +0.021%, 7d avg +0.005%
Together, before fees−0.041%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAU_USDT4,325.20.0080pay 0.0040% / 4h58m 10s$365.3M$347.2M1000x
ShortAster XAUUSD14,326.10.0042get 0.0021% / 4h58m 10s$71.5M$276.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
−$8.01
Price spread: +0.021% → +0.005%
$1.57
Slippage, 4 orders
−$0.2
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$18.64
Costs to cover
0.122%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 4 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 MEXC live order book, 4 min ago0.04 bp2.0 bp −$22.0 bp −$205.8 bp −$57628.2 bp −$14.1K
Sell Aster live order book, 4 min ago0.01 bp4.1 bp −$44.7 bp −$4718.6 bp −$1,864doesn't fit

XAU on 39 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOLD-PERP-INTX−0.0032%1h4,321.5−0.086%$2.1M$5.0M25xas long as short
SunX XAU-USDT0.0000%4h4,329.7+0.105%$92K$5.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,321.6−0.082%$307K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.583%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,326.5+0.030%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,324.6−0.014%$6.7M$3.3M20xas long as short
Aster XAUUSD1short+0.0042%4h4,326.1+0.021%$71.5M$276.6M20x
Vest GC-PERP+0.0046%1h4,358.8+0.777%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,325−0.005%$35K$3K25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,321.8−0.079%$15.2M$59.3M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,324.7−0.012%$2K$13K5xas long as short
RISEx XAU/USDC+0.0062%1h4,326.1+0.020%$4.7M$13.3M25xas long as short
Variational Omni XAU+0.0066%4h4,327.9+0.062%$47.2M$27.9Mas long as short
Gate XAU_USDT+0.0068%4h4,326.6+0.031%$299.1M$430.7M100xas long as short
Lighter XAU+0.0080%1h4,324.4−0.018%$20.1M$29.9M25xas long as short
MEXC XAU_USDTlong+0.0080%4h4,325.2long leg$365.3M$347.2M1000x
Binance XAUUSDT+0.0081%4h4,324.5−0.017%$441.1M$2.42B100xas long as short
GRVT XAU_USDT_Perp+0.0090%4h4,329.2+0.093%$1.4M$3.1M25xas long as short
edgeX XAUUSDC+0.0091%4h4,325.9+0.017%$30.2M$66.7M50xas long as short
Pacifica XAU+0.0100%1h4,323.7−0.035%$1.4M$1.4M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,325.8+0.013%$287K$227K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,321.5−0.085%$25K$1K20xas long as short
Aevo XAU-PERP+0.0104%1h4,324.5−0.016%$160K$8710xas long as short
tradeXYZ xyz:GOLD+0.0104%1h4,323−0.051%$292.0M$51.9M25xas long as short
Lighter RH XAU+0.0120%1h4,326.6+0.032%$19.5M$38.8M25xas long as short
Phoenix GOLD+0.0127%1h4,327.4+0.051%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0145%24h4,326.6+0.032%$3.5M$51.5M15xas long as short
Bybit XAUUSDT+0.0154%4h4,325.4+0.006%$83.0M$166.9M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,323.7−0.035%$135K$659K25xas long as short
Extended XAU-USD+0.0192%1h4,321.4−0.087%$12.5M$34.2M25xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,322.9−0.052%$582K$166K25xas long as short
Bitget XAUUSDT+0.0198%4h4,325.7+0.012%$73.0M$140.4M100xas long as short
Phemex XAUUSDT+0.0201%4h4,328.4+0.074%$2.3M$733K100xas long as short
Polymarket Perps GOLD-USD+0.0223%1h4,325.6+0.009%$4.3M$1.7M20xas long as short
Bullet GOLD-USD+0.0225%1h4,325.9+0.016%$59K$77K10xas long as short
OKX XAU-USDT-SWAP+0.0226%8h4,325.20.000%$170.9M$361.3M100xas long as short
BloFin XAU-USDT+0.0322%4h4,327.3+0.047%$16.5M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0258%1h4,326+0.018%$253K111xas long as short
HTX XAU-USDT+0.1028%4h4,332.5+0.168%$3.2M$7.1M75xas long as short