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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.006%
Price spread now: Aevo against RISEx−0.039%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.039%, 7d avg −0.026%
Together, before fees+0.172%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAU/USDC4,358.40.0010pay 0.0001% / 1h24m 39s$3.4M$12.4M25x
ShortAevo XAU-PERP4,356.70.0096get 0.0012% / 1h24m 39s$161K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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
$17.98
Price spread: −0.039% → −0.026%
−$1.24
Slippage, 4 orders
−$16.95
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$22.21
Costs to cover
0.390%
Break-even
15.6 days
Slippage from RISEx: live order book, 5 min ago; Aevo: live order book, 39 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 RISEx live order book, 5 min ago0.01 bp4.5 bp −$45.7 bp −$57doesn't fitdoesn't fit
Sell Aevo live order book, 39 min ago5.99 bp15.6 bp −$1626.1 bp −$261doesn't fitdoesn't fit

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%4h4,362.7+0.098%$93K$9.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,354.4−0.091%$267K250xas long as short
Gate XAU_USDT+0.0006%4h4,359.8+0.031%$264.7M$412.9M100xas long as short
RISEx XAU/USDClong+0.0010%1h4,358.4long leg$3.4M$12.4M25x
Extended XAU-USD+0.0032%1h4,355.1−0.076%$13.6M$38.8M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.183%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0039%24h4,355.7−0.062%$4.1M$37.0M15xas long as short
StandX XAU-USD+0.0040%1h4,358.9+0.011%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0043%4h4,359.3+0.021%$70.5M$333.9M20xas long as short
Vest GC-PERP+0.0046%1h4,391.4+0.757%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,357.2−0.028%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,354.9−0.081%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,355.2−0.074%$294.2M$48.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,355−0.079%$15.1M$57.2M25xas long as short
GRVT XAU_USDT_Perp+0.0054%4h4,357.1−0.030%$1.4M$3.0M25xas long as short
Lighter XAU+0.0056%1h4,357.8−0.014%$20.7M$42.3M25xas long as short
Variational Omni XAU+0.0057%4h4,355.6−0.064%$48.3M$27.9Mas long as short
Lighter RH XAU+0.0064%1h4,360.1+0.038%$20.2M$39.7M25xas long as short
Binance XAUUSDT+0.0074%4h4,358.7+0.008%$412.1M$2.10B100xas long as short
MEXC XAU_USDT+0.0074%4h4,358.7+0.006%$372.5M$318.8M1000xas long as short
Paradex XAU-USD-PERP+0.0080%8h4,358.8+0.009%$19K$5K5xas long as short
edgeX XAUUSDC+0.0093%4h4,349.4−0.207%$30.3M$58.3M50xas long as short
Aevo XAU-PERPshort+0.0096%1h4,356.7−0.039%$161K$8710x
Pacifica XAU+0.0100%1h4,355.1−0.075%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,353.9−0.103%$275K$203K50xas long as short
Hotstuff GOLD-PERP+0.0120%1h4,355.2−0.074%$33K25xas long as short
Phemex XAUUSDT+0.0122%4h4,359.2+0.017%$2.2M$1.1M100xas long as short
Polymarket Perps GOLD-USD+0.0126%1h4,357.8−0.014%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,350.3−0.186%$47K$77K25xas long as short
Bybit XAUUSDT+0.0199%4h4,360.3+0.042%$84.5M$145.4M150xas long as short
Bullet GOLD-USD+0.0202%1h4,358.2−0.005%$60K$83K10xas long as short
Bitget XAUUSDT+0.0212%4h4,359.3+0.020%$70.3M$109.4M100xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,359.9+0.034%$165.2M$282.8M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,355.2−0.074%$594K$133K25xas long as short
BloFin XAU-USDT+0.0296%4h4,356.2−0.051%$15.5M$4.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0301%1h4,357.6−0.019%$278K$727K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0401% / S −0.0213%1h4,358.4−0.001%$249K111xas long as short
Bluefin GOLD-PERP+0.0519%1h4,350.2−0.188%$25K$14K20xas long as short
HTX XAU-USDT+0.0567%4h4,363.2+0.110%$2.9M$4.2M75xas long as short