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−0.0012%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.001%
Price spread now: Injective against Vest−0.678%50s7-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
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Injective is 0.678% cheaper against Vest than usual: you would sell low and buy high (−$68 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,380.10.0046pay 0.0006% / 1h8m 31s$1.0M25x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h8m 31s$619$5452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$2.59
Price spread: −0.678% → 0.000%
−$67.76
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$72.37
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Injective: 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 Injective no order-book sample
Vest and Injective: 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
RISEx XAU/USDC0.0000%1h4,347−0.757%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,349−0.711%$266.5M$417.7M100xas long as short
SunX XAU-USDT0.0000%4h4,352.2−0.637%$92K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.9−0.849%$272K250xas long as short
Lighter XAU+0.0032%1h4,346.1−0.776%$20.8M$38.2M25xas long as short
Extended XAU-USD+0.0032%1h4,343.4−0.838%$13.2M$38.2M25xas long as short
Injective XAU/USDC PERPshort+0.0033%1h4,350.4−0.678%$619$5452x
Lighter RH XAU+0.0040%1h4,348−0.733%$20.1M$39.5M25xas long as short
StandX XAU-USD+0.0040%1h4,348.3−0.726%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,347−0.756%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERPlong+0.0046%1h4,380.1long leg$1.0M25x
Coinbase International GOLD-PERP-INTX+0.0048%1h4,344.8−0.806%$2.0M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0049%24h4,346−0.779%$4.2M$37.4M15xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,344.3−0.817%$293.8M$48.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,343.8−0.830%$15.1M$56.8M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,344.4−0.815%$33K25xas long as short
Aster XAUUSD1+0.0064%4h4,348.6−0.720%$71.4M$333.1M20xas long as short
Variational Omni XAU+0.0076%4h4,345.3−0.795%$48.4M$28.2Mas long as short
Paradex XAU-USD-PERP+0.0081%8h4,347.4−0.747%$19K$5K5xas long as short
MEXC XAU_USDT+0.0088%4h4,347.4−0.747%$372.7M$320.5M1000xas long as short
GRVT XAU_USDT_Perp+0.0090%4h4,347−0.757%$1.4M$2.9M25xas long as short
Binance XAUUSDT+0.0090%4h4,347.4−0.746%$413.9M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,343.7−0.831%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,343.3−0.841%$274K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,340.2−0.911%$25K$14K20xas long as short
edgeX XAUUSDC+0.0101%4h4,342.2−0.864%$30.2M$58.0M50xas long as short
Aevo XAU-PERP+0.0104%1h4,346.7−0.763%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,344.7−0.808%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0166%1h4,347.4−0.747%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0186%1h4,347.3−0.749%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,344.8−0.807%$593K$132K25xas long as short
Phemex XAUUSDT+0.0225%4h4,349.4−0.701%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0234%4h4,347.8−0.737%$70.1M$109.1M100xas long as short
Bybit XAUUSDT+0.0240%4h4,348.5−0.723%$85.2M$145.4M150xas long as short
OKX XAU-USDT-SWAP+0.0300%8h4,348.9−0.712%$165.3M$282.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0326%1h4,346.3−0.772%$206K$825K25xas long as short
BloFin XAU-USDT+0.0330%4h4,347.7−0.739%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0418% / S −0.0240%1h4,347.2−0.751%$248K111xas long as short
HTX XAU-USDT+0.0617%4h4,351.3−0.658%$2.8M$4.6M75xas long as short