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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.031%
Price spread now: Bullet against Vest−0.740%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Bullet is 0.740% cheaper against Vest than usual: you would sell low and buy high (spread −0.740% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$74 on $10k: about 14 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,373.50.0046pay 0.0006% / 1h37m 50s$1.0M25x
ShortBullet GOLD-USD4,341.20.0217get 0.0027% / 1h37m 50s$59K$82K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$35.88
Price spread: −0.740% → 0.000%
−$73.95
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$48.07
Costs to cover
0.100%
Break-even
16.4 days
Slippage unknown: Vest: no order-book sample; Bullet: 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 Vest no order-book sample
Sell Bullet no order-book sample
Vest and Bullet: 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
SunX XAU-USDT0.0000%4h4,345.2−0.647%$92K$8.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,337.1−0.833%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,340.1−0.764%$3.5M$12.0M25xas long as short
Bluefin GOLD-PERP+0.0009%1h4,335.4−0.870%$25K$14K20xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,338.1−0.809%$33K25xas long as short
Gate XAU_USDT+0.0026%4h4,343.5−0.687%$267.9M$414.4M100xas long as short
Extended XAU-USD+0.0032%1h4,337.6−0.822%$13.2M$37.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.528%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,342.5−0.710%$20.1M$39.3M25xas long as short
StandX XAU-USD+0.0040%1h4,341.9−0.723%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0042%1h4,338.9−0.791%$5.7M$2.1M20xas long as short
Vest GC-PERPlong+0.0046%1h4,373.5long leg$1.0M25x
Lighter XAU+0.0048%1h4,340.3−0.759%$20.8M$34.5M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,338.3−0.805%$293.5M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,337.3−0.828%$15.1M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,338.4−0.803%$4.3M$37.4M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,338.5−0.800%$2.1M$4.8M25xas long as short
Bybit XAUUSDT+0.0056%4h4,342.5−0.710%$80.3M$151.8M150xas long as short
Aster XAUUSD1+0.0079%4h4,342.6−0.706%$71.4M$332.3M20xas long as short
Paradex XAU-USD-PERP+0.0084%8h4,340.5−0.755%$19K$5K5xas long as short
Variational Omni XAU+0.0087%4h4,340.5−0.756%$48.3M$27.7Mas long as short
Pacifica XAU+0.0100%1h4,337.5−0.823%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,339.3−0.783%$274K$203K50xas long as short
MEXC XAU_USDT+0.0104%4h4,342.1−0.718%$370.3M$319.3M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,340.2−0.760%$161K$8710xas long as short
Binance XAUUSDT+0.0106%4h4,342.2−0.715%$417.1M$2.09B100xas long as short
edgeX XAUUSDC+0.0118%4h4,336.3−0.850%$30.1M$58.3M50xas long as short
Phoenix GOLD+0.0136%1h4,339.8−0.771%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0174%4h4,341−0.742%$1.4M$2.9M25xas long as short
Polymarket Perps GOLD-USD+0.0216%1h4,340.8−0.748%$4.3M$1.9M20xas long as short
Bullet GOLD-USDshort+0.0217%1h4,341.2−0.740%$59K$82K10x
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,339.6−0.775%$205K$828K25xas long as short
Bitget XAUUSDT+0.0248%4h4,342.3−0.713%$71.0M$109.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,338.1−0.810%$592K$132K25xas long as short
OKX XAU-USDT-SWAP+0.0319%8h4,342.8−0.702%$166.6M$281.9M100xas long as short
Phemex XAUUSDT+0.0337%4h4,344.5−0.663%$2.2M$967K100xas long as short
BloFin XAU-USDT+0.0372%4h4,341.7−0.726%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,341.1−0.740%$250K111xas long as short
HTX XAU-USDT+0.0624%4h4,345.7−0.635%$2.8M$4.6M75xas long as short