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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.33 per $10,000 · paid last 24h −0.022%
Price spread now: Gate against Variational Omni+0.021%7-day average +0.032% · you sell dearer than you buy
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)−0.035%−$3 on $10k
Price spread, last 7 days+0.039%+$4 · spread now +0.021%, 7d avg +0.032%
Together, before fees+0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,348.90.0079pay 0.0039% / 4h38m 36s$48.4M$27.7M
ShortGate XAU_USDT4,349.80.0012get 0.0006% / 4h38m 36s$267.8M$411.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$14
Price spread: +0.021% → +0.032%
−$1.14
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$30.15
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, 5 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, 1 min ago1.54 bpdoesn't fit1.5 bp −$153.3 bp −$327doesn't fit
Sell Gate live order book, 5 min ago0.01 bp7.5 bp −$88.4 bp −$8412.7 bp −$1,26914.3 bp −$7,129

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
RISEx XAU/USDC0.0000%1h4,348.8−0.002%$3.4M$12.3M25xas long as short
SunX XAU-USDT0.0000%4h4,352.7+0.088%$92K$9.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,344.1−0.112%$271K250xas long as short
Gate XAU_USDTshort+0.0012%4h4,349.8+0.021%$267.8M$411.0M100x
Lighter XAU+0.0032%1h4,347.7−0.027%$20.8M$37.8M25xas long as short
Extended XAU-USD+0.0032%1h4,345.1−0.088%$13.3M$38.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.035%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,349.8+0.020%$20.1M$39.2M25xas long as short
StandX XAU-USD+0.0040%1h4,349.3+0.009%$3.8M$4.6M40xas long as short
QFEX GOLD-USD+0.0041%1h4,348.4−0.012%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP+0.0044%24h4,346.5−0.055%$4.2M$37.1M15xas long as short
Vest GC-PERP+0.0046%1h4,382.2+0.766%$1.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,345.7−0.074%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,345.7−0.074%$293.9M$48.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,345.5−0.078%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0065%4h4,349.7+0.019%$71.0M$333.7M20xas long as short
Variational Omni XAUlong+0.0079%4h4,348.9long leg$48.4M$27.7M
GRVT XAU_USDT_Perp+0.0086%4h4,349.1+0.005%$1.4M$3.0M25xas long as short
Paradex XAU-USD-PERP+0.0086%8h4,348.8−0.001%$19K$5K5xas long as short
MEXC XAU_USDT+0.0092%4h4,349+0.003%$372.2M$317.1M1000xas long as short
Binance XAUUSDT+0.0095%4h4,349.3+0.008%$414.4M$2.09B100xas long as short
Pacifica XAU+0.0100%1h4,345.3−0.082%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,345.6−0.077%$275K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,347.6−0.031%$161K$8710xas long as short
edgeX XAUUSDC+0.0105%4h4,345−0.090%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0142%1h4,346.8−0.048%$47K$77K25xas long as short
Hotstuff GOLD-PERP+0.0144%1h4,345.7−0.074%$33K25xas long as short
Polymarket Perps GOLD-USD+0.0156%1h4,348.8−0.002%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,345.3−0.082%$593K$133K25xas long as short
Phemex XAUUSDT+0.0209%4h4,351.5+0.059%$2.2M$967K100xas long as short
Bullet GOLD-USD+0.0209%1h4,348.6−0.006%$60K$82K10xas long as short
Bitget XAUUSDT+0.0234%4h4,349.6+0.017%$70.0M$109.1M100xas long as short
Bybit XAUUSDT+0.0238%4h4,350.5+0.037%$85.1M$144.8M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0256%1h4,346.6−0.053%$243K$788K25xas long as short
OKX XAU-USDT-SWAP+0.0283%8h4,350.4+0.034%$165.6M$281.8M100xas long as short
BloFin XAU-USDT+0.0343%4h4,348.5−0.009%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0413% / S −0.0229%1h4,348.1−0.018%$248K111xas long as short
Bluefin GOLD-PERP+0.0551%1h4,342.6−0.146%$25K$14K20xas long as short
HTX XAU-USDT+0.0629%4h4,353.6+0.107%$2.9M$4.3M75xas long as short