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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0006%/8h= −0.6% APRnext payment $0.01 per $10,000 · paid last 24h +0.006%
Price spread now: StandX against Vest−0.742%7-day average −0.852% · 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)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.742%, 7d avg −0.852%
Together, before fees−0.028%+ Points / potential airdropVest: Active · StandX: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.110% dearer against Vest than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.852%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,390.90.0046pay 0.0006% / 1h14m 40s$1.0M25x
ShortStandX XAU-USD4,358.30.0040get 0.0005% / 1h14m 40s$3.8M$4.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$1.19
Price spread: −0.742% → −0.852%
$10.98
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee StandX: 4 bp × 2 orders
−$8
Net
−$0.21
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; StandX: live order book, 4 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 StandX live order book, 4 min ago0.12 bp6.1 bp −$67.0 bp −$709.6 bp −$95713.1 bp −$6,564
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 38 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
Gate XAU_USDT0.0000%4h4,355.3−0.810%$263.4M$413.8M100xas long as short
SunX XAU-USDT0.0000%4h4,362.5−0.648%$93K$9.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,352.9−0.865%$270K250xas long as short
Extended XAU-USD+0.0032%1h4,349.3−0.947%$13.5M$41.8M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,350.7−0.916%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.922%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,354.2−0.836%$4.1M$36.0M15xas long as short
Aster XAUUSD1+0.0035%4h4,354.4−0.831%$70.4M$298.4M20xas long as short
StandX XAU-USDshort+0.0040%1h4,358.3−0.742%$3.8M$4.7M40x
Vest GC-PERPlong+0.0046%1h4,390.9long leg$1.0M25x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,350.9−0.911%$294.1M$48.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,350.9−0.911%$14.9M$58.0M25xas long as short
QFEX GOLD-USD+0.0051%1h4,353−0.863%$5.6M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,352.2−0.882%$20.6M$43.7M25xas long as short
Lighter RH XAU+0.0064%1h4,354.8−0.821%$20.1M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,354.9−0.820%$2.0M$5.0M25xas long as short
Polymarket Perps GOLD-USD+0.0074%1h4,356.6−0.781%$4.3M$1.9M20xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,353.1−0.860%$19K$5K5xas long as short
Variational Omni XAU+0.0086%4h4,356−0.794%$48.2M$28.1Mas long as short
Pacifica XAU+0.0100%1h4,350.6−0.918%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,358.5−0.739%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,350.7−0.917%$25K$14K20xas long as short
MEXC XAU_USDT+0.0102%4h4,353.9−0.842%$375.8M$323.9M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,356.6−0.780%$161K$8710xas long as short
Binance XAUUSDT+0.0104%4h4,353.6−0.848%$409.1M$2.10B100xas long as short
edgeX XAUUSDC+0.0112%4h4,353.3−0.856%$30.3M$59.9M50xas long as short
GRVT XAU_USDT_Perp+0.0116%4h4,360−0.703%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0121%1h4,356.9−0.774%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,353.6−0.850%$3.4M$12.4M25xas long as short
Bullet GOLD-USD+0.0167%1h4,357.6−0.758%$59K$83K10xas long as short
Bybit XAUUSDT+0.0180%4h4,354.5−0.828%$84.0M$144.1M150xas long as short
Bitget XAUUSDT+0.0184%4h4,354−0.842%$69.4M$109.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0209%1h4,354.9−0.820%$242K$672K25xas long as short
OKX XAU-USDT-SWAP+0.0238%8h4,355−0.818%$164.9M$281.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,354.7−0.825%$594K$139K25xas long as short
Phemex XAUUSDT+0.0340%4h4,359.9−0.707%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0391% / S −0.0197%1h4,357.4−0.762%$251K111xas long as short
HTX XAU-USDT+0.0554%4h4,363.2−0.632%$2.9M$3.9M75xas long as short