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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.7% APRnext payment $0.01 per $10,000 · paid last 24h −0.010%
Price spread now: Injective against StandX−0.498%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.498% cheaper against StandX than usual: you would sell low and buy high, −$50 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,372.20.0040pay 0.0005% / 1h13m 03s$3.8M$4.7M40x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h13m 03s$619$5452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$1.4
Price spread: −0.498% → 0.000%
−$49.81
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$59.23
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: StandX: live order book, 1 min ago; Injective: 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 ago2.06 bp6.5 bp −$66.8 bp −$689.8 bp −$97911.4 bp −$5,693
Sell Injective no order-book sample
Injective: 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−0.0243%1h4,363.2−0.207%$26K$22K20xas long as short
Phoenix GOLD−0.0004%1h4,370.3−0.043%$48K$65K25xas long as short
Aster XAUUSD10.0000%4h4,371.3−0.019%$71.9M$224.8M20xas long as short
Binance XAUUSDT0.0000%4h4,371.2−0.024%$410.8M$2.14B100xas long as short
Bybit XAUUSDT0.0000%4h4,371.9−0.006%$82.8M$142.5M150xas long as short
RISEx XAU/USDC0.0000%1h4,371.5−0.015%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,372.2−0.001%$267.5M$417.9M100xas long as short
MEXC XAU_USDT0.0000%4h4,371.5−0.017%$376.3M$324.3M1000xas long as short
Bitget XAUUSDT0.0000%4h4,371.2−0.022%$69.6M$113.3M100xas long as short
Variational Omni XAU0.0000%4h4,370.5−0.039%$48.5M$29.3Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XAU_USDT_Perp0.0000%4h4,371−0.027%$1.4M$3.1M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,369−0.073%$4.0M$36.2M15xas long as short
SunX XAU-USDT0.0000%4h4,376.1+0.089%$93K$10.5M20xas long as short
edgeX XAUUSDC+0.0001%4h4,365.2−0.159%$30.4M$59.4M50xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,367.4−0.110%$268K250xas long as short
QFEX GOLD-USD+0.0032%1h4,371−0.027%$5.4M$1.9M20xas long as short
Injective XAU/USDC PERPshort+0.0033%1h4,350.4−0.498%$619$5452x
Lighter XAU+0.0040%1h4,370.2−0.046%$20.7M$44.9M25xas long as short
StandX XAU-USDlong+0.0040%1h4,372.2long leg$3.8M$4.7M40x
Vest GC-PERP+0.0046%1h4,405.8+0.768%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,367.4−0.110%$294.3M$52.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,367.8−0.101%$14.7M$57.0M25xas long as short
Paradex XAU-USD-PERP+0.0055%8h4,371.5−0.016%$19K$5K5xas long as short
Lighter RH XAU+0.0056%1h4,372.8+0.013%$20.2M$42.3M25xas long as short
Hotstuff GOLD-PERP+0.0064%1h4,367.7−0.103%$33K25xas long as short
Extended XAU-USD+0.0072%1h4,367.4−0.111%$13.1M$45.4M25xas long as short
Aevo XAU-PERP+0.0080%1h4,370.1−0.048%$162K$8710xas long as short
Pacifica XAU+0.0100%1h4,368.3−0.089%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,368.2−0.093%$277K$204K50xas long as short
Polymarket Perps GOLD-USD+0.0106%1h4,371.2−0.023%$4.3M$1.8M20xas long as short
Bullet GOLD-USD+0.0114%1h4,371.7−0.010%$59K$81K10xas long as short
Coinbase International GOLD-PERP-INTX+0.0152%1h4,369.3−0.066%$2.0M$5.1M25xas long as short
OKX XAU-USDT-SWAP+0.0163%8h4,372.4+0.005%$158.7M$274.6M100xas long as short
HTX XAU-USDT+0.0194%4h4,376.4+0.097%$2.9M$3.8M75xas long as short
Kraken Futures PF_XAUUSD+0.0219%1h4,368.7−0.080%$603K$137K25xas long as short
BloFin XAU-USDT+0.0240%4h4,371.6−0.013%$14.8M$4.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0300%1h4,370−0.050%$235K$736K25xas long as short
Phemex XAUUSDT+0.0316%4h4,374.2+0.047%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0390% / S −0.0197%1h4,371.6−0.014%$252K111xas long as short