Funding arb · Price arb /

XAU

RWAall XAU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.036%

Price spread now: Bitget against Aster−0.006%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 7 days−0.001%$0 · spread now −0.006%, 7d avg +0.004%

Together, before fees+0.093%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAUUSD1	4,365.3	0	get 0.0000% / 4h	1h 07m	$71.5M	$233.8M	20x
Short	Bitget XAUUSDT	4,365	0	get 0.0000% / 4h	1h 07m	$67.4M	$110.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → +0.004%: −$0.96
Slippage, 4 orders: −$0.3
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$21.26
Costs to cover: 0.203%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Bitget: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 2 min ago	0.01 bp	4.0 bp −$4	4.7 bp −$47	17.9 bp −$1,791	doesn't fit
Sell Bitget live order book, 7 min ago	0.01 bp	6.3 bp −$6	7.0 bp −$70	11.7 bp −$1,172	doesn't fit

XAU on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_XAUUSD	−0.0174%	1h	4,362	−0.075%	$602K	$139K	25x	as long as short
Aster XAUUSD1long	0.0000%	4h	4,365.3	long leg	$71.5M	$233.8M	20x
Binance XAUUSDT	0.0000%	4h	4,364.5	−0.016%	$410.5M	$2.09B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,365.9	+0.014%	$82.9M	$141.7M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,364.2	−0.025%	$3.4M	$12.4M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,365.5	+0.005%	$269.5M	$411.8M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,364.4	−0.020%	$376.5M	$354.3M	1000x	as long as short
Bitget XAUUSDTshort	0.0000%	4h	4,365	−0.006%	$67.4M	$110.0M	100x
Variational Omni XAU	0.0000%	4h	4,360.3	−0.114%	$48.5M	$31.3M	—	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,362.8	−0.057%	$1.4M	$3.1M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXGOLDPERP	0.0000%	24h	4,362.2	−0.070%	$4.0M	$34.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,368.6	+0.076%	$93K	$10.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,361.2	−0.092%	$268K	—	250x	as long as short
QFEX GOLD-USD	+0.0002%	1h	4,363.4	−0.042%	$5.6M	$1.7M	20x	as long as short
edgeX XAUUSDC	+0.0018%	4h	4,355.3	−0.229%	$30.3M	$57.9M	50x	as long as short
tradeXYZ xyz:GOLD	+0.0019%	1h	4,360.3	−0.113%	$293.4M	$52.7M	25x	as long as short
Hotstuff GOLD-PERP	+0.0024%	1h	4,359.9	−0.123%	$33K	—	25x	as long as short
Lighter XAU	+0.0032%	1h	4,364.1	−0.027%	$21.0M	$44.6M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,366.3	+0.024%	$20.3M	$42.2M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,361.2	−0.092%	$13.1M	$46.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.340%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,363.6	−0.038%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,399	+0.773%	—	$1.0M	25x	as long as short
Paradex XAU-USD-PERP	+0.0050%	8h	4,364.1	−0.027%	$19K	$6K	5x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,360.2	−0.115%	$14.4M	$55.6M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0051%	1h	4,363	−0.052%	$4.3M	$1.7M	20x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,362.9	−0.053%	$162K	$87	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0094%	1h	4,363.6	−0.038%	$235K	$734K	25x	as long as short
Bullet GOLD-USD	+0.0099%	1h	4,364.5	−0.017%	$60K	$85K	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,361.5	−0.086%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,360.4	−0.110%	$274K	$199K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,357.4	−0.179%	$26K	$21K	20x	as long as short
Phoenix GOLD	+0.0109%	1h	4,357.5	−0.178%	$48K	$65K	25x	as long as short
HTX XAU-USDT	+0.0109%	4h	4,367.2	+0.045%	$2.8M	$3.8M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0158%	8h	4,365.7	+0.010%	$158.6M	$269.7M	100x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0208%	1h	4,360.9	−0.100%	$2.0M	$5.1M	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,364.6	−0.014%	$14.8M	$4.3M	100x	as long as short
Phemex XAUUSDT	+0.0272%	4h	4,364.4	−0.019%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,364.3	−0.021%	$252K	—	111x	as long as short