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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: StandX against Aevo+0.037%51s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 3 days (all we have)−0.050%−$5 · spread now +0.037%, 7d avg +0.026%
Together, before fees−0.150%+ Points / potential airdropStandX: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,3590.0088pay 0.0011% / 1h22m 24s$161K$8710x
ShortStandX XAU-USD4,360.60.0040get 0.0005% / 1h22m 24s$3.8M$4.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$10.08
Price spread: +0.037% → +0.026%
$1.12
Slippage, 4 orders
−$20.12
Fee Aevo: 8 bp × 2 orders
−$16
Fee StandX: 4 bp × 2 orders
−$8
Net
−$53.07
Costs to cover
0.441%
Break-even
never at this rate
Slippage from Aevo: live order book, 51 min ago; StandX: live order book, 2 min ago.

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, 51 min ago5.30 bp15.3 bp −$1527.6 bp −$276doesn't fitdoesn't fit
Sell StandX live order book, 2 min ago1.72 bp8.0 bp −$89.0 bp −$909.7 bp −$97110.5 bp −$5,231

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
Aster XAUUSD10.0000%4h4,359.3+0.008%$71.0M$200.6M20xas long as short
Gate XAU_USDT0.0000%4h4,360.2+0.027%$266.2M$417.0M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,355.9−0.071%$4.0M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,363.6+0.106%$93K$10.2M20xas long as short
Variational Omni XAU0.0000%4h4,360.4+0.033%$47.8M$28.1Mas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,355.1−0.089%$267K250xas long as short
edgeX XAUUSDC+0.0022%4h4,355.1−0.089%$30.3M$60.4M50xas long as short
MEXC XAU_USDT+0.0022%4h4,359.1+0.003%$372.8M$328.2M1000xas long as short
Binance XAUUSDT+0.0024%4h4,358.9−0.003%$411.6M$2.15B100xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,356.9−0.048%$33K25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.197%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,360.6+0.037%$3.8M$4.7M40x
QFEX GOLD-USD+0.0045%1h4,359.3+0.007%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,393.6+0.794%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,359.9+0.022%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,355.7−0.076%$293.7M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,355.2−0.088%$14.7M$57.3M25xas long as short
Phoenix GOLD+0.0055%1h4,358.5−0.011%$48K$64K25xas long as short
Bitget XAUUSDT+0.0060%4h4,359.5+0.011%$69.1M$113.9M100xas long as short
Lighter XAU+0.0072%1h4,359.6+0.013%$20.6M$44.1M25xas long as short
Extended XAU-USD+0.0080%1h4,356.4−0.059%$13.5M$43.7M25xas long as short
Paradex XAU-USD-PERP+0.0080%8h4,360.4+0.031%$19K$5K5xas long as short
Aevo XAU-PERPlong+0.0088%1h4,359long leg$161K$8710x
BloFin XAU-USDT+0.0091%4h4,361.9+0.066%$15.5M$4.5M100xas long as short
Lighter RH XAU+0.0096%1h4,361.7+0.062%$20.2M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,354.3−0.108%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,356.8−0.052%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,357.8−0.028%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,351.4−0.174%$25K$22K20xas long as short
Bybit XAUUSDT+0.0110%4h4,359.7+0.016%$83.5M$144.4M150xas long as short
Polymarket Perps GOLD-USD+0.0120%1h4,358.1−0.021%$4.3M$1.8M20xas long as short
GRVT XAU_USDT_Perp+0.0152%4h4,361.1+0.048%$1.4M$3.1M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0163%1h4,358.6−0.009%$235K$656K25xas long as short
OKX XAU-USDT-SWAP+0.0199%8h4,360+0.023%$163.8M$289.3M100xas long as short
Bullet GOLD-USD+0.0211%1h4,359.5+0.011%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,356.7−0.052%$594K$151K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,360.4+0.032%$252K111xas long as short
Phemex XAUUSDT+0.0532%4h4,363.1+0.095%$2.2M$1.1M100xas long as short
HTX XAU-USDT+0.0575%4h4,363.4+0.100%$2.9M$3.9M75xas long as short