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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.012%
Price spread now: Variational Omni against Paradex−0.006%7-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 airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XAU-USD-PERP4,325.10.0066pay 0.0066% / 8h34m 02s$2K$14K5x
ShortVariational Omni XAU4,324.90.0089get 0.0045% / 4h34m 02s$47.2M$29.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Paradex. 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
$5.01
Price spread: −0.006% → 0.000%
−$0.58
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$0.43
Costs to cover
0.040%
Break-even
6.4 days
Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 5 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 Paradex no order-book sample
Sell Variational Omni RFQ quote, 5 min ago1.54 bpdoesn't fit1.8 bp −$183.9 bp −$392doesn't fit
Paradex: 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−0.0105%1h4,320.7−0.104%$25K$1K20xas long as short
Hotstuff GOLD-PERP−0.0096%1h4,322.4−0.063%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,330.5+0.124%$92K$7.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,322.7−0.056%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.584%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,327.2+0.048%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,324.6−0.013%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,358.4+0.769%$1.0M25xas long as short
Bybit XAUUSDT+0.0049%4h4,327.4+0.052%$77.7M$153.0M150xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,323.2−0.045%$291.8M$51.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,321.5−0.085%$15.0M$55.6M25xas long as short
Aster XAUUSD1+0.0056%4h4,327.3+0.049%$72.9M$272.0M20xas long as short
Lighter XAU+0.0064%1h4,325.6+0.010%$20.4M$29.2M25xas long as short
Paradex XAU-USD-PERPlong+0.0066%8h4,325.1long leg$2K$14K5x
Coinbase International GOLD-PERP-INTX+0.0072%1h4,322−0.073%$2.1M$4.8M25xas long as short
Variational Omni XAUshort+0.0089%4h4,324.9−0.006%$47.2M$29.3M
Kalshi KXGOLDPERP+0.0092%24h4,327.8+0.061%$3.8M$44.6M15xas long as short
Phoenix GOLD+0.0096%1h4,323.8−0.031%$47K$79K25xas long as short
MEXC XAU_USDT+0.0098%4h4,326.3+0.027%$364.0M$327.3M1000xas long as short
GRVT XAU_USDT_Perp+0.0098%4h4,326.6+0.034%$1.4M$3.1M25xas long as short
Binance XAUUSDT+0.0100%4h4,326.3+0.027%$425.2M$2.13B100xas long as short
Pacifica XAU+0.0100%1h4,322.4−0.063%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,324.5−0.016%$272K$208K50xas long as short
Aevo XAU-PERP+0.0104%1h4,325.8+0.014%$160K$8710xas long as short
Gate XAU_USDT+0.0106%4h4,328.3+0.074%$285.2M$415.9M100xas long as short
edgeX XAUUSDC+0.0117%4h4,323.1−0.048%$30.1M$59.6M50xas long as short
Lighter RH XAU+0.0120%1h4,327.8+0.061%$20.0M$39.1M25xas long as short
Extended XAU-USD+0.0128%1h4,322.4−0.063%$13.2M$36.8M25xas long as short
Bitget XAUUSDT+0.0194%4h4,326.3+0.026%$70.2M$118.6M100xas long as short
Bullet GOLD-USD+0.0205%1h4,326.5+0.030%$58K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0213%1h4,325.2+0.001%$163K$871K25xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,326.2+0.024%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,324.1−0.024%$578K$135K25xas long as short
OKX XAU-USDT-SWAP+0.0276%8h4,326.8+0.038%$173.8M$299.3M100xas long as short
BloFin XAU-USDT+0.0339%4h4,325.8+0.014%$16.4M$4.6M100xas long as short
Phemex XAUUSDT+0.0361%4h4,328.9+0.088%$2.2M$975K100xas long as short
HTX XAU-USDT+0.0415%4h4,331.9+0.155%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,326.1+0.023%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,326.1+0.022%$4.6M$13.3M25xas long as short