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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Aster−0.031%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$180.182% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.031%, 7d avg +0.001%
Together, before fees+0.048%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.033% cheaper against Aster than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.001%). If the spread goes back, that is −$3 on $10k: about 2.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.026% in total) that is about 8.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,3380.0059pay 0.0029% / 4h1h 47m$72.4M$276.0M20x
ShortBinance XAUUSDT4,336.60.0097get 0.0048% / 4h1h 47m$442.8M$2.43B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
$7.99
Price spread: −0.031% → +0.001%
−$3.25
Slippage, 4 orders
−$0.2
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$13.46
Costs to cover
0.182%
Break-even
18.8 days
Slippage from Aster: live order book, 5 min ago; Binance: live order book, 5 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 Aster live order book, 5 min ago0.01 bp4.0 bp −$44.3 bp −$4322.7 bp −$2,274doesn't fit
Sell Binance live order book, 5 min ago0.01 bp5.0 bp −$55.0 bp −$507.3 bp −$725doesn't fit

XAU on 39 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOLD-PERP−3.0304%1h4,318.3−0.454%$32K25xas long as short
Bluefin GOLD-PERP−0.0059%1h4,331.1−0.159%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,342.5+0.104%$92K$6.0M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,333.4−0.106%$2.1M$5.3M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,335.1−0.067%$304K250xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0004%1h4,337.1−0.021%$135K$707K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.287%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,338.4+0.009%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,336.5−0.034%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,370.3+0.745%$1.0M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,333.5−0.104%$292.6M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,333.1−0.113%$15.1M$59.4M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,336.9−0.024%$2K$13K5xas long as short
Aster XAUUSD1long+0.0059%4h4,338long leg$72.4M$276.0M20x
Polymarket Perps GOLD-USD+0.0064%1h4,336.1−0.044%$4.3M$1.7M20xas long as short
Variational Omni XAU+0.0079%4h4,338.5+0.012%$47.3M$29.2Mas long as short
Lighter XAU+0.0080%1h4,336.2−0.042%$20.2M$30.3M25xas long as short
Gate XAU_USDT+0.0082%4h4,338.1+0.002%$298.6M$444.0M100xas long as short
Lighter RH XAU+0.0088%1h4,338.6+0.013%$19.7M$39.9M25xas long as short
GRVT XAU_USDT_Perp+0.0096%4h4,337.9−0.002%$1.4M$3.1M25xas long as short
Binance XAUUSDTshort+0.0097%4h4,336.6−0.031%$442.8M$2.43B100x
MEXC XAU_USDT+0.0098%4h4,336.6−0.032%$368.0M$352.3M1000xas long as short
Pacifica XAU+0.0100%1h4,333.2−0.110%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,336.2−0.042%$285K$223K50xas long as short
Aevo XAU-PERP+0.0104%1h4,335.9−0.047%$161K$8710xas long as short
edgeX XAUUSDC+0.0118%4h4,335.5−0.058%$30.3M$67.5M50xas long as short
Extended XAU-USD+0.0120%1h4,333.4−0.106%$12.5M$34.7M25xas long as short
Bybit XAUUSDT+0.0121%4h4,3380.000%$82.5M$172.7M150xas long as short
Phoenix GOLD+0.0127%1h4,334.2−0.087%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0136%24h4,339.5+0.035%$3.5M$51.1M15xas long as short
Bullet GOLD-USD+0.0167%1h4,336.9−0.025%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,337.9−0.003%$4.7M$13.2M25xas long as short
Phemex XAUUSDT+0.0209%4h4,340.2+0.051%$2.3M$784K100xas long as short
Bitget XAUUSDT+0.0214%4h4,336.6−0.031%$72.9M$139.5M100xas long as short
OKX XAU-USDT-SWAP+0.0238%8h4,3380.000%$170.8M$361.8M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,335.7−0.053%$584K$169K25xas long as short
BloFin XAU-USDT+0.0339%4h4,337.8−0.004%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0461% / S −0.0308%1h4,336.9−0.025%$254K111xas long as short
HTX XAU-USDT+0.1087%4h4,344.8+0.157%$3.2M$7.1M75xas long as short