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−0.0037%/8h= −4.0% APRpaid last 24h −0.040%
Price spread now: gTrade (Gains Network) against Variational Omni−0.107%7-day average −0.097% · 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 3 days (all we have)−0.046%−$5 on $10k
Price spread, last 3 days (all we have)+0.074%+$7 · spread now −0.107%, 7d avg −0.097%
Together, before fees+0.028%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,3620.0040pay 0.0020% / 4h2h 57m$48.4M$28.5M
ShortgTrade (Gains Network) XAU/USD4,357.3L +0.0002% / S −0.0003%get 0.0000% / 1h57m 15s$269K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Variational Omni. 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
−$7.68
Price spread: −0.107% → −0.097%
−$0.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$15.6
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 42 min ago. 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 Variational Omni RFQ quote, 2 min ago1.55 bpdoesn't fit1.8 bp −$185.8 bp −$583doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 42 min ago130.01 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn'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%1h4,353.5−0.194%$26K$22K20xas long as short
Aster XAUUSD10.0000%4h4,3620.000%$68.5M$249.3M20xas long as short
Gate XAU_USDT0.0000%4h4,361.9−0.002%$265.0M$400.7M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,360.3−0.039%$4.1M$36.5M15xas long as short
SunX XAU-USDT0.0000%4h4,365.8+0.088%$93K$10.0M20xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,357.3−0.107%$269K250x
Hotstuff GOLD-PERP+0.0016%1h4,357.8−0.096%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,357.1−0.112%$13.5M$43.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.265%$619$5452xas long as short
Variational Omni XAUlong+0.0040%4h4,362long leg$48.4M$28.5M
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0040%1h4,365+0.069%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,395.2+0.762%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,359.6−0.055%$20.6M$43.2M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,357.3−0.107%$294.1M$51.8M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,360.2−0.041%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,358.2−0.088%$14.8M$57.2M25xas long as short
QFEX GOLD-USD+0.0051%1h4,361.5−0.011%$5.6M$1.9M20xas long as short
Phoenix GOLD+0.0055%1h4,358.9−0.071%$48K$64K25xas long as short
Lighter RH XAU+0.0056%1h4,362.1+0.002%$20.2M$40.5M25xas long as short
MEXC XAU_USDT+0.0060%4h4,361.2−0.017%$374.0M$318.8M1000xas long as short
edgeX XAUUSDC+0.0062%4h4,356.3−0.130%$30.3M$60.0M50xas long as short
Binance XAUUSDT+0.0064%4h4,361.1−0.021%$411.5M$2.12B100xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,356.9−0.116%$2.0M$5.0M25xas long as short
Paradex XAU-USD-PERP+0.0088%8h4,361.5−0.011%$19K$5K5xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0094%1h4,358.7−0.075%$235K$659K25xas long as short
Aevo XAU-PERP+0.0096%1h4,360.4−0.036%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,357.5−0.103%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,358.5−0.080%$275K$204K50xas long as short
Bitget XAUUSDT+0.0114%4h4,361.4−0.013%$69.4M$111.3M100xas long as short
RISEx XAU/USDC+0.0135%1h4,361.8−0.005%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0154%4h4,362.8+0.019%$1.4M$3.1M25xas long as short
Bullet GOLD-USD+0.0179%1h4,361.4−0.013%$59K$83K10xas long as short
Bybit XAUUSDT+0.0203%4h4,361.7−0.006%$83.6M$144.7M150xas long as short
OKX XAU-USDT-SWAP+0.0217%8h4,3620.000%$164.1M$286.3M100xas long as short
BloFin XAU-USDT+0.0241%4h4,362.7+0.017%$15.4M$4.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,358.2−0.086%$594K$141K25xas long as short
Phemex XAUUSDT+0.0317%4h4,365.3+0.075%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,361.6−0.009%$254K111xas long as short
HTX XAU-USDT+0.0549%4h4,365.9+0.090%$2.9M$3.9M75xas long as short