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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0066%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%
Price spread now: Aevo against Vest−0.750%52s7-day average −0.870% · 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)+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.750%, 7d avg −0.870%
Together, before fees+0.086%+ Points / potential airdropVest: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.119% dearer against Vest than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.870%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,372.80.0046pay 0.0006% / 1h59m 28s$1.0M25x
ShortAevo XAU-PERP4,3400.0112get 0.0014% / 1h59m 28s$161K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Vest. 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
$13.93
Price spread: −0.750% → −0.870%
$11.94
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aevo: 8 bp × 2 orders
−$16
Net
$7.87
Costs to cover
0.180%
Break-even
3.0 days
Slippage unknown: Vest: no order-book sample; Aevo: live order book, 52 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 Vest no order-book sample
Sell Aevo live order book, 52 min ago6.30 bp16.8 bp −$1729.6 bp −$296doesn't fitdoesn't fit
Vest: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOLD-PERP−3.0304%1h4,318.3−1.246%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,345.8−0.619%$92K$6.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,333−0.910%$279K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,335.6−0.851%$2.1M$5.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.512%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,338.9−0.775%$6.7M$3.2M20xas long as short
StandX XAU-USD+0.0040%1h4,338.9−0.775%$3.8M$4.5M40xas long as short
Vest GC-PERPlong+0.0046%1h4,372.8long leg$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,336.4−0.832%$292.7M$53.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,334.6−0.874%$15.0M$58.6M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,339.1−0.771%$2K$13K5xas long as short
Polymarket Perps GOLD-USD+0.0073%1h4,338.8−0.778%$4.3M$1.7M20xas long as short
Phoenix GOLD+0.0076%1h4,337.4−0.810%$43K$70K25xas long as short
Aster XAUUSD1+0.0076%4h4,340.7−0.735%$73.2M$275.7M20xas long as short
Variational Omni XAU+0.0091%4h4,335.3−0.857%$47.3M$29.3Mas long as short
Lighter XAU+0.0096%1h4,339.9−0.752%$20.3M$30.7M25xas long as short
Pacifica XAU+0.0100%1h4,336.6−0.827%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,333.8−0.891%$284K$223K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,334−0.887%$25K$1K20xas long as short
Binance XAUUSDT+0.0108%4h4,339.3−0.766%$443.5M$2.42B100xas long as short
MEXC XAU_USDT+0.0108%4h4,340−0.751%$365.8M$347.9M1000xas long as short
Gate XAU_USDT+0.0110%4h4,340.7−0.734%$301.2M$438.9M100xas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,336.8−0.823%$1.4M$3.1M25xas long as short
Aevo XAU-PERPshort+0.0112%1h4,340−0.750%$161K$8710x
Bybit XAUUSDT+0.0115%4h4,341.2−0.723%$82.1M$173.3M150xas long as short
edgeX XAUUSDC+0.0115%4h4,330.4−0.969%$30.3M$67.2M50xas long as short
Kalshi KXGOLDPERP+0.0134%24h4,340.9−0.730%$3.5M$50.9M15xas long as short
Lighter RH XAU+0.0152%1h4,341.6−0.714%$19.7M$39.3M25xas long as short
Extended XAU-USD+0.0152%1h4,336.2−0.837%$12.6M$34.9M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0188%1h4,339.8−0.755%$135K$714K25xas long as short
Bullet GOLD-USD+0.0202%1h4,340.1−0.747%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,340.1−0.748%$4.7M$13.4M25xas long as short
Bitget XAUUSDT+0.0218%4h4,339.7−0.756%$73.9M$137.8M100xas long as short
Phemex XAUUSDT+0.0220%4h4,341.4−0.718%$2.3M$782K100xas long as short
OKX XAU-USDT-SWAP+0.0242%8h4,340.1−0.748%$170.7M$360.2M100xas long as short
BloFin XAU-USDT+0.0349%4h4,335.8−0.847%$16.3M$5.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0410%1h4,338.8−0.777%$584K$165K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,341.3−0.720%$254K111xas long as short
HTX XAU-USDT+0.1122%4h4,346.9−0.593%$3.2M$7.0M75xas long as short