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+0.0064%/8h= +7.0% APRpaid last 24h +0.025%
Price spread now: edgeX against Vest−0.838%7-day average −0.930% · 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)+0.031%+$3 on $10k
Price spread, last 7 days−0.022%−$2 · spread now −0.838%, 7d avg −0.930%
Together, before fees+0.010%+ Points / potential airdropVest: Active · edgeX: Active · farm board+$1 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 edgeX is 0.092% dearer against Vest than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.930%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,355.50.0046pay 0.0006% / 1h57m 06s$1.0M25x
ShortedgeX XAUUSDC4,3190.0110get 0.0055% / 4h57m 06s$30.1M$59.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$13.41
Price spread: −0.838% → −0.930%
$9.18
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$11.59
Costs to cover
0.110%
Break-even
1.0 days
Slippage unknown: Vest: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago0.23 bp4.7 bp −$54.8 bp −$488.1 bp −$81024.8 bp −$12.4K
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 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−0.0124%1h4,318.3−0.853%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,329.5−0.597%$92K$7.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,320.2−0.811%$270K250xas long as short
Bybit XAUUSDT+0.0026%4h4,325.5−0.688%$76.9M$153.9M150xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.117%$619$5452xas long as short
Lighter XAU+0.0040%1h4,324−0.722%$20.3M$28.8M25xas long as short
StandX XAU-USD+0.0040%1h4,324.7−0.707%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,322.7−0.753%$5.4M$2.0M20xas long as short
Vest GC-PERPlong+0.0046%1h4,355.5long leg$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,320.5−0.804%$291.5M$51.6M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,319−0.839%$15.0M$55.7M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,320.6−0.801%$32K25xas long as short
Aster XAUUSD1+0.0060%4h4,326.5−0.666%$72.7M$273.0M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,319.3−0.831%$2.1M$4.9M25xas long as short
Paradex XAU-USD-PERP+0.0073%8h4,322.6−0.756%$2K$14K5xas long as short
Kalshi KXGOLDPERP+0.0085%24h4,324.6−0.709%$3.8M$44.3M15xas long as short
Lighter RH XAU+0.0088%1h4,326.5−0.665%$20.0M$38.5M25xas long as short
Variational Omni XAU+0.0094%4h4,321.5−0.781%$47.2M$29.1Mas long as short
GRVT XAU_USDT_Perp+0.0098%4h4,321.8−0.773%$1.4M$3.0M25xas long as short
Phoenix GOLD+0.0100%1h4,319.5−0.827%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,319.3−0.831%$1.4M$1.2M10xas long as short
MEXC XAU_USDT+0.0100%4h4,324.9−0.704%$365.2M$324.4M1000xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,318.8−0.843%$272K$208K50xas long as short
Binance XAUUSDT+0.0100%4h4,324.8−0.704%$424.7M$2.14B100xas long as short
Gate XAU_USDT+0.0102%4h4,326.2−0.674%$279.4M$407.8M100xas long as short
Aevo XAU-PERP+0.0104%1h4,323.5−0.735%$160K$8710xas long as short
edgeX XAUUSDCshort+0.0110%4h4,319−0.838%$30.1M$59.2M50x
Extended XAU-USD+0.0136%1h4,319.9−0.818%$12.9M$36.1M25xas long as short
Bullet GOLD-USD+0.0166%1h4,323.3−0.740%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0192%1h4,322.7−0.753%$4.3M$2.0M20xas long as short
Bitget XAUUSDT+0.0206%4h4,324.7−0.708%$68.0M$118.3M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0213%1h4,324−0.723%$163K$860K25xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,321.2−0.788%$578K$136K25xas long as short
OKX XAU-USDT-SWAP+0.0293%8h4,325.3−0.693%$173.3M$300.8M100xas long as short
BloFin XAU-USDT+0.0340%4h4,324.8−0.704%$16.4M$4.6M100xas long as short
HTX XAU-USDT+0.0343%4h4,330.3−0.579%$3.2M$5.8M75xas long as short
Phemex XAUUSDT+0.0366%4h4,325.9−0.679%$2.2M$975K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,323.9−0.725%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,325.6−0.686%$4.1M$12.8M25xas long as short