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+0.0003%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Bullet against Polymarket Perps+0.007%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps GOLD-USD4,346.20.0202pay 0.0025% / 1h3m 11s$4.2M$2.0M20x
ShortBullet GOLD-USD4,346.50.0205get 0.0026% / 1h3m 11s$59K$82K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Polymarket Perps. 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
$0.62
Price spread: +0.007% → 0.000%
$0.69
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$14.69
Costs to cover
0.160%
Break-even
172.1 days
Slippage unknown: Polymarket Perps: live order book, 6 min ago; Bullet: 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 Polymarket Perps live order book, 6 min ago0.12 bp4.4 bp −$44.7 bp −$475.8 bp −$580doesn't fit
Sell Bullet no order-book sample
Bullet: 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−0.0015%1h4,339.2−0.162%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,350.8+0.107%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.5−0.086%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,345.9−0.006%$3.7M$12.6M25xas long as short
Extended XAU-USD+0.0032%1h4,342.4−0.087%$13.2M$37.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.097%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,345.3−0.021%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,344.7−0.035%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,379+0.755%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,343.1−0.071%$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%1h4,342.1−0.095%$15.0M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0052%24h4,344.6−0.037%$4.3M$39.3M15xas long as short
Lighter XAU+0.0056%1h4,345.4−0.018%$20.7M$34.8M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,343.1−0.071%$2.1M$4.7M25xas long as short
Gate XAU_USDT+0.0058%4h4,347.9+0.040%$268.6M$419.5M100xas long as short
Bybit XAUUSDT+0.0059%4h4,347.4+0.027%$80.0M$152.1M150xas long as short
Paradex XAU-USD-PERP+0.0068%8h4,345.5−0.017%$19K$5K5xas long as short
Lighter RH XAU+0.0088%1h4,348+0.042%$20.2M$40.3M25xas long as short
Pacifica XAU+0.0100%1h4,341.5−0.108%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,341.7−0.104%$274K$203K50xas long as short
Aster XAUUSD1+0.0101%4h4,346.5+0.007%$71.5M$331.5M20xas long as short
Variational Omni XAU+0.0105%4h4,345.4−0.019%$48.3M$27.6Mas long as short
Aevo XAU-PERP+0.0112%1h4,344.6−0.036%$161K$8710xas long as short
MEXC XAU_USDT+0.0120%4h4,346.5+0.007%$370.6M$322.2M1000xas long as short
Binance XAUUSDT+0.0120%4h4,346.5+0.006%$418.7M$2.09B100xas long as short
edgeX XAUUSDC+0.0121%4h4,342.4−0.088%$30.2M$58.0M50xas long as short
Hotstuff GOLD-PERP+0.0128%1h4,342.9−0.076%$33K25xas long as short
Phoenix GOLD+0.0136%1h4,341.7−0.104%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0142%4h4,346.6+0.010%$1.4M$2.9M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,345.2−0.023%$204K$827K25xas long as short
Polymarket Perps GOLD-USDlong+0.0202%1h4,346.2long leg$4.2M$2.0M20x
Bullet GOLD-USDshort+0.0205%1h4,346.5+0.007%$59K$82K10x
Phemex XAUUSDT+0.0216%4h4,349.1+0.066%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,343.2−0.069%$590K$135K25xas long as short
Bitget XAUUSDT+0.0276%4h4,346.7+0.011%$71.1M$108.9M100xas long as short
OKX XAU-USDT-SWAP+0.0331%8h4,347.3+0.025%$167.3M$283.4M100xas long as short
BloFin XAU-USDT+0.0362%4h4,346.5+0.007%$15.8M$4.4M100xas long as short
HTX XAU-USDT+0.0378%4h4,348.7+0.056%$2.8M$4.6M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,346.5+0.007%$250K111xas long as short