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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.10 per $10,000 · paid last 24h −0.022%
Price spread now: Injective against Aevo+0.162%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.162% dearer against Aevo than usual: you sell high and buy low (spread +0.162% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,343.40.0112pay 0.0014% / 1h17m 05s$161K$8710x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h17m 05s$619$5452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aevo. 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
−$16.52
Price spread: +0.162% → 0.000%
$16.22
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$16.32
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: live order book, 37 min ago; 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 Aevo live order book, 37 min ago5.96 bp15.2 bp −$1527.8 bp −$278doesn't fitdoesn't fit
Sell Injective no order-book sample
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
SunX XAU-USDT0.0000%4h4,348.1+0.110%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,340.3−0.072%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,344.2+0.019%$3.8M$12.5M25xas long as short
Bluefin GOLD-PERP+0.0016%1h4,337.7−0.132%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,340.3−0.071%$13.3M$37.2M25xas long as short
Injective XAU/USDC PERPshort+0.0033%1h4,350.4+0.162%$619$5452x
Bybit XAUUSDT+0.0034%4h4,345.3+0.045%$80.0M$152.2M150xas long as short
StandX XAU-USD+0.0040%1h4,344.2+0.019%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,343.6+0.005%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,376.7+0.767%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,341.1−0.052%$293.7M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,341.2−0.049%$15.0M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,341−0.055%$4.3M$37.4M15xas long as short
Lighter XAU+0.0056%1h4,343.4+0.002%$20.7M$34.7M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,340.6−0.064%$33K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.3−0.094%$2.1M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,343.9+0.012%$19K$5K5xas long as short
Lighter RH XAU+0.0072%1h4,345.7+0.054%$20.2M$40.1M25xas long as short
Gate XAU_USDT+0.0084%4h4,346+0.059%$268.2M$418.0M100xas long as short
Aster XAUUSD1+0.0085%4h4,345+0.037%$71.5M$331.8M20xas long as short
Pacifica XAU+0.0100%1h4,340.2−0.074%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,341.2−0.051%$274K$203K50xas long as short
Variational Omni XAU+0.0104%4h4,343.9+0.012%$48.3M$27.5Mas long as short
Aevo XAU-PERPlong+0.0112%1h4,343.4long leg$161K$8710x
MEXC XAU_USDT+0.0118%4h4,344.3+0.021%$371.6M$320.9M1000xas long as short
Binance XAUUSDT+0.0119%4h4,344.4+0.024%$418.4M$2.09B100xas long as short
edgeX XAUUSDC+0.0129%4h4,340.2−0.074%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0136%1h4,340.5−0.066%$47K$77K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0165%1h4,342.7−0.015%$205K$826K25xas long as short
GRVT XAU_USDT_Perp+0.0182%4h4,344.6+0.028%$1.4M$2.9M25xas long as short
Phemex XAUUSDT+0.0185%4h4,347+0.082%$2.2M$967K100xas long as short
Polymarket Perps GOLD-USD+0.0211%1h4,343.8+0.010%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0211%1h4,344.1+0.017%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,340.9−0.056%$592K$132K25xas long as short
Bitget XAUUSDT+0.0268%4h4,344.9+0.035%$71.1M$109.3M100xas long as short
OKX XAU-USDT-SWAP+0.0326%8h4,345.5+0.049%$167.1M$282.8M100xas long as short
BloFin XAU-USDT+0.0359%4h4,344.2+0.019%$15.7M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,344.1+0.017%$250K111xas long as short
HTX XAU-USDT+0.0528%4h4,346.8+0.079%$2.8M$4.6M75xas long as short