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+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.015%
Price spread now: Aevo against StandX−0.105%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 3 days (all we have)+0.118%+$12 · spread now −0.105%, 7d avg −0.026%
Together, before fees+0.218%+ Points / potential airdropStandX: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.079% cheaper against StandX than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.026%). If the spread goes back, that is −$8 on $10k: about 4.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,3650.0040pay 0.0005% / 1h57m 21s$3.8M$4.7M40x
ShortAevo XAU-PERP4,360.40.0096get 0.0012% / 1h57m 21s$161K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against StandX. 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
$11.76
Price spread: −0.105% → −0.026%
−$7.93
Slippage, 4 orders
−$20.66
Fee StandX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$40.83
Costs to cover
0.447%
Break-even
31.3 days
Slippage from StandX: live order book, 2 min ago; Aevo: live order book, 11 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 StandX live order book, 2 min ago1.95 bp8.0 bp −$88.4 bp −$8410.7 bp −$1,068doesn't fit
Sell Aevo live order book, 11 min ago6.00 bp15.6 bp −$1632.1 bp −$321doesn'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
Bluefin GOLD-PERP−0.0350%1h4,353.5−0.263%$26K$22K20xas long as short
Aster XAUUSD10.0000%4h4,362−0.070%$68.5M$249.3M20xas long as short
Gate XAU_USDT0.0000%4h4,361.9−0.071%$265.0M$400.7M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,360.3−0.108%$4.1M$36.5M15xas long as short
SunX XAU-USDT0.0000%4h4,365.8+0.019%$93K$10.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,357.3−0.176%$269K250xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,357.8−0.165%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,357.1−0.181%$13.5M$43.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.334%$619$5452xas long as short
Variational Omni XAU+0.0040%4h4,362−0.069%$48.4M$28.5Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USDlong+0.0040%1h4,365long leg$3.8M$4.7M40x
Vest GC-PERP+0.0046%1h4,395.2+0.692%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,359.6−0.124%$20.6M$43.2M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,357.3−0.176%$294.1M$51.8M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,360.2−0.110%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,358.2−0.157%$14.8M$57.2M25xas long as short
QFEX GOLD-USD+0.0051%1h4,361.5−0.080%$5.6M$1.9M20xas long as short
Phoenix GOLD+0.0055%1h4,358.9−0.140%$48K$64K25xas long as short
Lighter RH XAU+0.0056%1h4,362.1−0.067%$20.2M$40.5M25xas long as short
MEXC XAU_USDT+0.0060%4h4,361.2−0.086%$374.0M$318.8M1000xas long as short
edgeX XAUUSDC+0.0062%4h4,356.3−0.199%$30.3M$60.0M50xas long as short
Binance XAUUSDT+0.0064%4h4,361.1−0.090%$411.5M$2.12B100xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,356.9−0.186%$2.0M$5.0M25xas long as short
Paradex XAU-USD-PERP+0.0088%8h4,361.5−0.080%$19K$5K5xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0094%1h4,358.7−0.144%$235K$659K25xas long as short
Aevo XAU-PERPshort+0.0096%1h4,360.4−0.105%$161K$8710x
Pacifica XAU+0.0100%1h4,357.5−0.172%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,358.5−0.149%$275K$204K50xas long as short
Bitget XAUUSDT+0.0114%4h4,361.4−0.082%$69.4M$111.3M100xas long as short
RISEx XAU/USDC+0.0135%1h4,361.8−0.074%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0154%4h4,362.8−0.050%$1.4M$3.1M25xas long as short
Bullet GOLD-USD+0.0179%1h4,361.4−0.082%$59K$83K10xas long as short
Bybit XAUUSDT+0.0203%4h4,361.7−0.075%$83.6M$144.7M150xas long as short
OKX XAU-USDT-SWAP+0.0217%8h4,362−0.069%$164.1M$286.3M100xas long as short
BloFin XAU-USDT+0.0241%4h4,362.7−0.052%$15.4M$4.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,358.2−0.155%$594K$141K25xas long as short
Phemex XAUUSDT+0.0317%4h4,365.3+0.006%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,361.6−0.078%$254K111xas long as short
HTX XAU-USDT+0.0549%4h4,365.9+0.021%$2.9M$3.9M75xas long as short