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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0261%/8h= +28.5% APRnext payment +$1.30 per $10,000 · paid last 24h +0.078%
Price spread now: BloFin against Aster−0.041%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs+$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.370%+$37 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.041%, 7d avg −0.001%
Together, before fees+0.448%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.040% cheaper against Aster than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.001%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,335.10.0099pay 0.0049% / 4h2h 10m$72.3M$330.6M20x
ShortBloFin XAU-USDT4,333.30.0359get 0.0180% / 4h2h 10m$16.0M$4.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$54.73
Price spread: −0.041% → −0.001%
−$4.01
Slippage, 4 orders
−$0.2
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$30.52
Costs to cover
0.202%
Break-even
3.1 days
Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago0.01 bp4.1 bp −$45.1 bp −$5118.0 bp −$1,803doesn't fit
Sell BloFin live order book, 3 min ago0.02 bp6.0 bp −$66.0 bp −$607.5 bp −$752doesn't fit

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−0.0042%1h4,325.2−0.230%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,337.2+0.047%$92K$8.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,328.3−0.156%$271K250xas long as short
Bybit XAUUSDT+0.0006%4h4,334.2−0.020%$78.4M$156.7M150xas long as short
Extended XAU-USD+0.0032%1h4,329.7−0.125%$13.1M$36.8M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.353%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,330−0.118%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,330−0.118%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,363.9+0.664%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,332.4−0.062%$20.4M$31.8M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,329.6−0.127%$291.9M$51.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,327.9−0.166%$15.0M$56.6M25xas long as short
RISEx XAU/USDC+0.0054%1h4,332.6−0.058%$3.8M$12.5M25xas long as short
Kalshi KXGOLDPERP+0.0063%24h4,333.1−0.046%$4.0M$42.1M15xas long as short
Hotstuff GOLD-PERP+0.0064%1h4,321.2−0.321%$32K25xas long as short
Lighter RH XAU+0.0072%1h4,334.7−0.008%$19.9M$38.9M25xas long as short
Gate XAU_USDT+0.0072%4h4,334.1−0.024%$272.2M$416.2M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,327.9−0.166%$2.0M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0073%8h4,331.7−0.080%$19K$5K5xas long as short
Aster XAUUSD1long+0.0099%4h4,335.1long leg$72.3M$330.6M20x
Pacifica XAU+0.0100%1h4,327.8−0.168%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,324.2−0.252%$272K$208K50xas long as short
Variational Omni XAU+0.0101%4h4,331.5−0.084%$46.8M$28.6Mas long as short
GRVT XAU_USDT_Perp+0.0102%4h4,325.7−0.218%$1.4M$3.0M25xas long as short
MEXC XAU_USDT+0.0110%4h4,333.7−0.033%$364.6M$330.1M1000xas long as short
Binance XAUUSDT+0.0112%4h4,333.4−0.039%$414.7M$2.12B100xas long as short
Aevo XAU-PERP+0.0112%1h4,331.2−0.091%$160K$8710xas long as short
Phoenix GOLD+0.0127%1h4,326.6−0.196%$47K$77K25xas long as short
edgeX XAUUSDC+0.0128%4h4,322.8−0.284%$30.1M$60.2M50xas long as short
Bullet GOLD-USD+0.0160%1h4,331.9−0.073%$58K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0176%1h4,331.8−0.076%$4.2M$2.0M20xas long as short
HTX XAU-USDT+0.0234%4h4,334.6−0.011%$2.8M$5.0M75xas long as short
Kraken Futures PF_XAUUSD+0.0247%1h4,329.4−0.132%$590K$130K25xas long as short
Bitget XAUUSDT+0.0258%4h4,333−0.048%$68.1M$118.9M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0258%1h4,331.5−0.083%$195K$826K25xas long as short
OKX XAU-USDT-SWAP+0.0333%8h4,333.8−0.030%$170.8M$296.8M100xas long as short
BloFin XAU-USDTshort+0.0359%4h4,333.3−0.041%$16.0M$4.5M100x
Phemex XAUUSDT+0.0404%4h4,335.2+0.001%$2.2M$962K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0459% / S −0.0302%1h4,332.2−0.066%$253K111xas long as short