Funding arb · Price arb /

XAU

RWAall XAU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.014%

Price spread now: Binance against StandX+0.023%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$240.238% of the position

Long on StandX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days−0.043%−$4 · spread now +0.023%, 7d avg −0.010%

Together, before fees+0.015%+ Points / potential airdropStandX: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.032% dearer against StandX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAU-USD	4,323.1	0.0040	pay 0.0005% / 1h	14m 51s	$3.8M	$4.5M	40x
Short	Binance XAUUSDT	4,324.1	0.0113	get 0.0057% / 4h	2h 14m	$440.4M	$2.38B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee StandXbpFee BinancebpOrdersPrice spread, now +0.023%Rate

Funding earned: $15.42
Price spread: +0.023% → −0.010%: $3.25
Slippage, 4 orders: −$5.79
Fee StandX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.13
Costs to cover: 0.238%
Break-even: 9.3 days

Slippage from StandX: live order book, 2 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 2 min ago	0.12 bp	6.8 bp −$7	7.3 bp −$73	8.4 bp −$837	9.4 bp −$4,714
Sell Binance live order book, 7 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	7.9 bp −$789	doesn't fit

XAU on 39 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XAU-USDT	0.0000%	4h	4,327.7	+0.105%	$92K	$6.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,318.9	−0.098%	$274K	—	250x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0024%	1h	4,319.9	−0.074%	$2.0M	$5.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.632%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0038%	1h	4,322.8	−0.007%	$6.7M	$3.2M	20x	as long as short
Hotstuff GOLD-PERP	+0.0040%	1h	4,320.9	−0.051%	$32K	—	25x	as long as short
StandX XAU-USDlong	+0.0040%	1h	4,323.1	long leg	$3.8M	$4.5M	40x
Vest GC-PERP	+0.0046%	1h	4,356.3	+0.768%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,321.4	−0.039%	$291.8M	$52.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,320.3	−0.065%	$15.0M	$57.5M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XAU-USD-PERP	+0.0055%	8h	4,323.4	+0.008%	$2K	$13K	5x	as long as short
RISEx XAU/USDC	+0.0056%	1h	4,324.5	+0.033%	$4.7M	$13.5M	25x	as long as short
Aster XAUUSD1	+0.0069%	4h	4,326.3	+0.073%	$73.6M	$274.5M	20x	as long as short
Phoenix GOLD	+0.0076%	1h	4,318.8	−0.099%	$43K	$72K	25x	as long as short
Gate XAU_USDT	+0.0086%	4h	4,326.2	+0.071%	$300.7M	$445.3M	100x	as long as short
Variational Omni XAU	+0.0090%	4h	4,322.8	−0.007%	$47.1M	$29.3M	—	as long as short
Lighter XAU	+0.0096%	1h	4,322.5	−0.013%	$20.2M	$30.0M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,319.7	−0.079%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.4	−0.087%	$283K	$223K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,317.9	−0.121%	$25K	$1K	20x	as long as short
MEXC XAU_USDT	+0.0112%	4h	4,324	+0.022%	$359.1M	$360.4M	1000x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,322.6	−0.012%	$160K	$87	10x	as long as short
Binance XAUUSDTshort	+0.0113%	4h	4,324.1	+0.023%	$440.4M	$2.38B	100x
GRVT XAU_USDT_Perp	+0.0114%	4h	4,321.4	−0.040%	$1.4M	$3.0M	25x	as long as short
Bybit XAUUSDT	+0.0116%	4h	4,325.3	+0.050%	$80.6M	$170.9M	150x	as long as short
edgeX XAUUSDC	+0.0118%	4h	4,316.6	−0.150%	$30.2M	$66.4M	50x	as long as short
Kalshi KXGOLDPERP	+0.0131%	24h	4,325	+0.044%	$3.5M	$49.7M	15x	as long as short
Polymarket Perps GOLD-USD	+0.0136%	1h	4,323.5	+0.009%	$4.3M	$1.7M	20x	as long as short
Extended XAU-USD	+0.0144%	1h	4,319.8	−0.076%	$12.7M	$34.9M	25x	as long as short
Lighter RH XAU	+0.0152%	1h	4,325.4	+0.053%	$19.8M	$40.4M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0167%	1h	4,321.4	−0.039%	$135K	$788K	25x	as long as short
Bullet GOLD-USD	+0.0200%	1h	4,323.5	+0.009%	$59K	$76K	10x	as long as short
Bitget XAUUSDT	+0.0212%	4h	4,324.8	+0.040%	$74.2M	$134.2M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0244%	8h	4,325.3	+0.051%	$170.7M	$353.9M	100x	as long as short
BloFin XAU-USDT	+0.0353%	4h	4,323.3	+0.006%	$16.2M	$5.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0412%	1h	4,320.3	−0.065%	$581K	$165K	25x	as long as short
Phemex XAUUSDT	+0.0415%	4h	4,325.5	+0.055%	$2.2M	$783K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0458% / S −0.0306%	1h	4,324.1	+0.023%	$252K	—	111x	as long as short
HTX XAU-USDT	+0.1127%	4h	4,331.3	+0.190%	$3.2M	$7.0M	75x	as long as short