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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0095%/8h= −10.4% APRnext payment $0.12 per $10,000 · paid last 24h −0.024%
Price spread now: StandX against RISEx+0.133%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.029%−$3 on $10k
Price spread, last 7 days−0.140%−$14 · spread now +0.133%, 7d avg +0.014%
Together, before fees−0.169%+ Points / potential airdropStandX: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.120% dearer against RISEx than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.014%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.2 days. At the pace of the last 3 days (−0.029% in total) that is about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAU/USDC4,352.90.0135pay 0.0017% / 1h12m 44s$3.4M$12.4M25x
ShortStandX XAU-USD4,358.70.0040get 0.0005% / 1h12m 44s$3.8M$4.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$19.98
Price spread: +0.133% → +0.014%
$11.97
Slippage, 4 orders
−$8.87
Fee RISEx: 3 bp × 2 orders
−$6
Fee StandX: 4 bp × 2 orders
−$8
Net
−$30.89
Costs to cover
0.229%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; StandX: live order book, 1 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, 1 min ago1.50 bp4.5 bp −$54.9 bp −$4937.0 bp −$3,702doesn't fit
Sell StandX live order book, 1 min ago2.07 bp7.6 bp −$88.2 bp −$8210.4 bp −$1,03511.6 bp −$5,796

XAU on 38 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
Gate XAU_USDT0.0000%4h4,354+0.026%$263.4M$414.4M100xas long as short
SunX XAU-USDT0.0000%4h4,357.1+0.097%$93K$9.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,347.9−0.114%$269K250xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,351.2−0.039%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,348.7−0.097%$13.5M$41.8M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.057%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,350.4−0.057%$4.1M$36.1M15xas long as short
Aster XAUUSD1+0.0035%4h4,353.1+0.004%$70.4M$301.9M20xas long as short
StandX XAU-USDshort+0.0040%1h4,358.7+0.133%$3.8M$4.7M40x
Vest GC-PERP+0.0046%1h4,386.7+0.777%$1.0M25xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,349.3−0.082%$294.0M$48.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,349.7−0.073%$14.9M$58.0M25xas long as short
QFEX GOLD-USD+0.0051%1h4,353.6+0.016%$5.6M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,351.4−0.035%$20.6M$43.7M25xas long as short
Lighter RH XAU+0.0064%1h4,353.7+0.017%$20.1M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,349.3−0.082%$2.0M$5.0M25xas long as short
Polymarket Perps GOLD-USD+0.0076%1h4,352.2−0.016%$4.3M$1.9M20xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,353.8+0.022%$19K$5K5xas long as short
Variational Omni XAU+0.0086%4h4,356+0.072%$48.2M$28.1Mas long as short
Pacifica XAU+0.0100%1h4,351.4−0.034%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,352.6−0.006%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,347−0.134%$25K$14K20xas long as short
MEXC XAU_USDT+0.0104%4h4,352.6−0.006%$375.3M$324.1M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,351.8−0.025%$161K$8710xas long as short
Binance XAUUSDT+0.0105%4h4,352.4−0.012%$409.0M$2.10B100xas long as short
edgeX XAUUSDC+0.0112%4h4,351.9−0.023%$30.3M$60.0M50xas long as short
GRVT XAU_USDT_Perp+0.0120%4h4,355.1+0.051%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0121%1h4,356.9+0.092%$48K$64K25xas long as short
RISEx XAU/USDClong+0.0135%1h4,352.9long leg$3.4M$12.4M25x
Bullet GOLD-USD+0.0168%1h4,352.7−0.003%$59K$83K10xas long as short
Bybit XAUUSDT+0.0180%4h4,353+0.002%$83.6M$144.2M150xas long as short
Bitget XAUUSDT+0.0186%4h4,352.5−0.008%$69.5M$109.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0233%1h4,350.7−0.050%$249K$679K25xas long as short
OKX XAU-USDT-SWAP+0.0239%8h4,353.7+0.019%$164.8M$281.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,349.8−0.071%$593K$139K25xas long as short
Phemex XAUUSDT+0.0363%4h4,355.5+0.060%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0391% / S −0.0197%1h4,352.4−0.011%$251K111xas long as short
HTX XAU-USDT+0.0563%4h4,358.7+0.134%$2.9M$3.9M75xas long as short