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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: SunX against Vest−0.622%49s7-day average −0.762% · 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)−0.047%−$5 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.622%, 7d avg −0.762%
Together, before fees−0.089%+ Points / potential airdropVest: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.139% dearer against Vest than usual: you sell high and buy low (spread −0.622% now, against its 7-day average of −0.762%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,354.30.0046pay 0.0006% / 1h24m 24s$1.0M25x
ShortSunX XAU-USDT4,327.20get 0.0000% / 4h1h 24m$92K$7.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$9.59
Price spread: −0.622% → −0.762%
$13.93
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee SunX: 4 bp × 2 orders
−$8
Net
−$5.67
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; SunX: live order book, 5 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 SunX live order book, 5 min ago23.35 bp29.5 bp −$2947.0 bp −$470doesn't fitdoesn't fit
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−0.0087%1h4,316.6−0.867%$25K$1K20xas long as short
SunX XAU-USDTshort0.0000%4h4,327.2−0.622%$92K$7.7M20x
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,318.9−0.813%$270K250xas long as short
Bybit XAUUSDT+0.0011%4h4,322.6−0.729%$77.3M$154.8M150xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,319−0.811%$32K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.089%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,323.4−0.710%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,322−0.742%$5.4M$2.0M20xas long as short
Vest GC-PERPlong+0.0046%1h4,354.3long leg$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,318.6−0.820%$291.4M$51.2M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,318.2−0.829%$15.0M$55.3M25xas long as short
Lighter XAU+0.0064%1h4,321.8−0.746%$20.3M$30.6M25xas long as short
Aster XAUUSD1+0.0067%4h4,324.4−0.688%$72.5M$276.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,320.3−0.781%$2.1M$4.9M25xas long as short
Paradex XAU-USD-PERP+0.0075%8h4,321.8−0.747%$2K$13K5xas long as short
Kalshi KXGOLDPERP+0.0077%24h4,323.9−0.698%$3.8M$43.7M15xas long as short
Extended XAU-USD+0.0080%1h4,318.5−0.821%$12.9M$37.0M25xas long as short
GRVT XAU_USDT_Perp+0.0082%4h4,323.1−0.716%$1.4M$3.0M25xas long as short
Variational Omni XAU+0.0090%4h4,322.1−0.739%$47.3M$28.9Mas long as short
MEXC XAU_USDT+0.0096%4h4,322−0.741%$362.0M$331.0M1000xas long as short
Binance XAUUSDT+0.0097%4h4,321.7−0.748%$417.1M$2.12B100xas long as short
Phoenix GOLD+0.0100%1h4,319.6−0.797%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,318.8−0.815%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,319.8−0.792%$272K$208K50xas long as short
Aevo XAU-PERP+0.0104%1h4,322.1−0.740%$160K$8710xas long as short
edgeX XAUUSDC+0.0108%4h4,318.8−0.816%$30.0M$59.5M50xas long as short
Gate XAU_USDT+0.0110%4h4,324.8−0.677%$281.2M$418.6M100xas long as short
Lighter RH XAU+0.0112%1h4,324.4−0.686%$19.8M$38.9M25xas long as short
Kraken Futures PF_XAUUSD+0.0153%1h4,320−0.788%$584K$135K25xas long as short
Bullet GOLD-USD+0.0179%1h4,322.2−0.738%$59K$82K10xas long as short
RISEx XAU/USDC+0.0184%1h4,325.1−0.671%$4.2M$12.9M25xas long as short
Polymarket Perps GOLD-USD+0.0209%1h4,322.1−0.739%$4.3M$1.9M20xas long as short
Bitget XAUUSDT+0.0222%4h4,321.5−0.754%$67.7M$118.0M100xas long as short
HTX XAU-USDT+0.0254%4h4,328.5−0.594%$2.8M$4.9M75xas long as short
OKX XAU-USDT-SWAP+0.0304%8h4,322.2−0.737%$171.8M$298.0M100xas long as short
Phemex XAUUSDT+0.0330%4h4,325.7−0.656%$2.2M$967K100xas long as short
BloFin XAU-USDT+0.0337%4h4,322.4−0.734%$16.2M$4.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0352%1h4,321.8−0.746%$191K$836K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,322−0.741%$252K111xas long as short