Funding arb · Price arb /

XAU

RWAall XAU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h +0.008%

Price spread now: Paradex against Vest−0.744%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.744% cheaper against Vest than usual: you would sell low and buy high (spread −0.744% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$74 on $10k: about 3 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest GC-PERP	4,353.1	0.0046	pay 0.0006% / 1h	38m 12s	—	$1.0M	25x
Short	Paradex XAU-USD-PERP	4,320.7	0.0073	get 0.0073% / 8h	1h 38m	$2K	$13K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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

Position, each leg$Hold fordaysFee VestbpFee ParadexbpOrdersPrice spread, now −0.744%Rate

Funding earned: $5.78
Price spread: −0.744% → 0.000%: −$74.38
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$74.6
Costs to cover: 0.060%
Break-even: 97.4 days

Slippage unknown: Vest: no order-book sample; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Vest and Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin GOLD-PERP	−0.0085%	1h	4,315.6	−0.862%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,324.4	−0.660%	$92K	$7.9M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,316	−0.852%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0005%	4h	4,320.9	−0.739%	$77.3M	$155.8M	150x	as long as short
Hotstuff GOLD-PERP	+0.0024%	1h	4,318	−0.806%	$32K	—	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.062%	$619	$54	52x	as long as short
Extended XAU-USD	+0.0040%	1h	4,316.4	−0.843%	$13.1M	$36.7M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323	−0.691%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,320.5	−0.749%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERPlong	+0.0046%	1h	4,353.1	long leg	—	$1.0M	25x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,317.6	−0.816%	$291.3M	$51.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,316.8	−0.834%	$15.0M	$55.6M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,319	−0.782%	$20.3M	$30.4M	25x	as long as short
Aster XAUUSD1	+0.0071%	4h	4,321.7	−0.721%	$72.4M	$298.7M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,317.6	−0.816%	$2.1M	$4.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0073%	24h	4,321.5	−0.726%	$3.8M	$43.4M	15x	as long as short
Paradex XAU-USD-PERPshort	+0.0073%	8h	4,320.7	−0.744%	$2K	$13K	5x
GRVT XAU_USDT_Perp	+0.0080%	4h	4,322.9	−0.693%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0088%	4h	4,322.6	−0.701%	$281.9M	$414.0M	100x	as long as short
Variational Omni XAU	+0.0093%	4h	4,322.9	−0.694%	$47.4M	$29.0M	—	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,320.8	−0.742%	$364.8M	$329.2M	1000x	as long as short
Binance XAUUSDT	+0.0097%	4h	4,320.2	−0.757%	$415.7M	$2.14B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,321	−0.737%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,317.3	−0.823%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.9	−0.762%	$272K	$208K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,321.5	−0.725%	$19.8M	$38.6M	25x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,319.8	−0.764%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0119%	4h	4,319.5	−0.772%	$30.0M	$61.0M	50x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,317.7	−0.814%	$584K	$134K	25x	as long as short
Bullet GOLD-USD	+0.0177%	1h	4,320.3	−0.754%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,323.6	−0.679%	$4.2M	$12.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0208%	1h	4,321.2	−0.733%	$4.3M	$1.9M	20x	as long as short
HTX XAU-USDT	+0.0225%	4h	4,325	−0.646%	$2.8M	$4.9M	75x	as long as short
Bitget XAUUSDT	+0.0230%	4h	4,320.2	−0.756%	$67.9M	$118.8M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0260%	1h	4,318.8	−0.788%	$192K	$832K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0311%	8h	4,321.5	−0.726%	$170.6M	$297.2M	100x	as long as short
BloFin XAU-USDT	+0.0338%	4h	4,321.3	−0.731%	$16.1M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0375%	4h	4,323.1	−0.688%	$2.2M	$967K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,320.7	−0.744%	$252K	—	111x	as long as short