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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0166%/8h= +18.1% APRnext payment +$0.21 per $10,000 · paid last 24h +0.028%
Price spread now: Bullet against StandX−0.028%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Funding pays, the price is against you. Bullet is 0.028% cheaper against StandX than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,327.20.0040pay 0.0005% / 1h33m 01s$3.8M$4.5M40x
ShortBullet GOLD-USD4,3260.0206get 0.0026% / 1h33m 01s$58K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$34.78
Price spread: −0.028% → 0.000%
−$2.79
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
$15.99
Costs to cover
0.160%
Break-even
3.8 days
Slippage unknown: StandX: live order book, 1 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 StandX live order book, 1 min ago1.85 bp5.8 bp −$67.4 bp −$7410.8 bp −$1,07813.0 bp −$6,493
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−0.0097%1h4,320.3−0.160%$25K$1K20xas long as short
Hotstuff GOLD-PERP−0.0096%1h4,322.5−0.109%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,330.1+0.066%$92K$7.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,321.6−0.130%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.537%$619$5452xas long as short
StandX XAU-USDlong+0.0040%1h4,327.2long leg$3.8M$4.5M40x
QFEX GOLD-USD+0.0045%1h4,324.6−0.060%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,358.1+0.714%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,321.3−0.136%$291.7M$51.5M25xas long as short
Bybit XAUUSDT+0.0050%4h4,325.6−0.037%$77.6M$152.8M150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,321.7−0.127%$15.0M$55.6M25xas long as short
Aster XAUUSD1+0.0057%4h4,325.8−0.032%$72.9M$272.0M20xas long as short
Lighter XAU+0.0064%1h4,323.8−0.080%$20.5M$29.4M25xas long as short
Paradex XAU-USD-PERP+0.0066%8h4,324.8−0.055%$2K$14K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,322.2−0.116%$2.1M$4.8M25xas long as short
Variational Omni XAU+0.0089%4h4,324.9−0.053%$47.2M$29.3Mas long as short
Kalshi KXGOLDPERP+0.0092%24h4,327.4+0.005%$3.8M$44.6M15xas long as short
Phoenix GOLD+0.0096%1h4,323.3−0.090%$47K$79K25xas long as short
MEXC XAU_USDT+0.0098%4h4,324−0.073%$363.0M$327.7M1000xas long as short
Pacifica XAU+0.0100%1h4,322.1−0.118%$1.4M$1.2M10xas long as short
GRVT XAU_USDT_Perp+0.0100%4h4,326.8−0.010%$1.4M$3.0M25xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,322.7−0.104%$272K$208K50xas long as short
Binance XAUUSDT+0.0101%4h4,324.5−0.062%$425.0M$2.13B100xas long as short
Aevo XAU-PERP+0.0104%1h4,325.1−0.047%$160K$8710xas long as short
Gate XAU_USDT+0.0106%4h4,326.4−0.018%$285.2M$416.2M100xas long as short
edgeX XAUUSDC+0.0117%4h4,323.1−0.095%$30.1M$59.6M50xas long as short
Lighter RH XAU+0.0120%1h4,326.5−0.017%$20.0M$39.1M25xas long as short
Extended XAU-USD+0.0128%1h4,320.2−0.161%$13.2M$36.8M25xas long as short
Bitget XAUUSDT+0.0194%4h4,323.8−0.079%$70.1M$118.6M100xas long as short
Bullet GOLD-USDshort+0.0206%1h4,326−0.028%$58K$81K10x
Polymarket Perps GOLD-USD+0.0219%1h4,326−0.028%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,322.9−0.099%$578K$135K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0259%1h4,324−0.074%$163K$871K25xas long as short
OKX XAU-USDT-SWAP+0.0276%8h4,325.3−0.044%$173.8M$299.0M100xas long as short
BloFin XAU-USDT+0.0341%4h4,324.9−0.053%$16.4M$4.6M100xas long as short
Phemex XAUUSDT+0.0364%4h4,327.8+0.014%$2.2M$975K100xas long as short
HTX XAU-USDT+0.0418%4h4,331.1+0.089%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,325.9−0.031%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,325.7−0.036%$4.6M$13.3M25xas long as short