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+0.0290%/8h= +31.8% APRnext payment +$1.45 per $10,000 · paid last 24h +0.056%
Price spread now: HTX against Variational Omni+0.059%7-day average +0.062% · 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 4 days (all we have)+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.059%, 7d avg +0.062%
Together, before fees+0.031%+ 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 +0.062%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.027% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,345.40.0105pay 0.0053% / 4h3h 04m$48.3M$27.6M
ShortHTX XAU-USDT4,347.90.0396get 0.0198% / 4h3h 04m$2.8M$4.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$60.99
Price spread: +0.059% → +0.062%
−$0.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
$48.69
Costs to cover
0.120%
Break-even
1.4 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; HTX: live order book, 4 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, 4 min ago1.54 bpdoesn't fit1.5 bp −$154.1 bp −$412doesn't fit
Sell HTX live order book, 4 min ago0.01 bp6.0 bp −$610.0 bp −$10012.5 bp −$1,25122.0 bp −$11.0K

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−0.0010%1h4,339.5−0.135%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,350.6+0.121%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.1−0.074%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,346.6+0.029%$3.7M$12.5M25xas long as short
Extended XAU-USD+0.0032%1h4,342.4−0.067%$13.2M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.117%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,346.1+0.017%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,345.1−0.006%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,378.6+0.765%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,342.7−0.061%$293.8M$49.1M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,342.9−0.056%$15.0M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0052%24h4,344.8−0.013%$4.2M$39.3M15xas long as short
Bybit XAUUSDT+0.0055%4h4,347.9+0.059%$80.1M$152.0M150xas long as short
Lighter XAU+0.0056%1h4,345.3−0.002%$20.7M$34.8M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,341.7−0.084%$2.1M$4.7M25xas long as short
Gate XAU_USDT+0.0062%4h4,348.2+0.065%$268.4M$419.1M100xas long as short
Paradex XAU-USD-PERP+0.0067%8h4,345.7+0.009%$19K$5K5xas long as short
Hotstuff GOLD-PERP+0.0072%1h4,342.6−0.063%$33K25xas long as short
Lighter RH XAU+0.0080%1h4,347.8+0.056%$20.2M$40.2M25xas long as short
Aster XAUUSD1+0.0098%4h4,346.5+0.026%$71.5M$331.5M20xas long as short
Pacifica XAU+0.0100%1h4,342.4−0.068%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,341.7−0.084%$274K$203K50xas long as short
Variational Omni XAUlong+0.0105%4h4,345.4long leg$48.3M$27.6M
Aevo XAU-PERP+0.0112%1h4,345.1−0.006%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,346.9+0.035%$370.4M$321.8M1000xas long as short
Binance XAUUSDT+0.0120%4h4,346.9+0.035%$418.9M$2.09B100xas long as short
edgeX XAUUSDC+0.0135%4h4,340−0.122%$30.2M$57.9M50xas long as short
Phoenix GOLD+0.0136%1h4,341.7−0.084%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0148%4h4,345.6+0.006%$1.4M$2.9M25xas long as short
Phemex XAUUSDT+0.0199%4h4,349.1+0.086%$2.2M$967K100xas long as short
Polymarket Perps GOLD-USD+0.0203%1h4,345.8+0.010%$4.2M$2.0M20xas long as short
Bullet GOLD-USD+0.0206%1h4,346.2+0.019%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0211%1h4,344.4−0.022%$204K$826K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,343−0.054%$590K$135K25xas long as short
Bitget XAUUSDT+0.0274%4h4,347+0.038%$71.1M$108.8M100xas long as short
OKX XAU-USDT-SWAP+0.0330%8h4,347.9+0.059%$167.2M$283.2M100xas long as short
BloFin XAU-USDT+0.0360%4h4,346.2+0.019%$15.8M$4.4M100xas long as short
HTX XAU-USDTshort+0.0396%4h4,347.9+0.059%$2.8M$4.6M75x
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,346.2+0.019%$250K111xas long as short