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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.42 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against Aster+0.021%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.190% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days−0.010%−$1 · spread now +0.021%, 7d avg +0.017%
Together, before fees−0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,344.60.0083pay 0.0041% / 4h3h 34m$70.2M$239.7M20x
ShortBybit XAUUSDT4,345.50.0168get 0.0084% / 4h3h 34m$83.2M$141.7M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$17.78
Price spread: +0.021% → +0.017%
$0.37
Slippage, 4 orders
−$0.05
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$0.9
Costs to cover
0.190%
Break-even
7.4 days
Slippage from Aster: live order book, 5 min ago; Bybit: 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 −$45.4 bp −$5413.0 bp −$1,302doesn't fit
Sell Bybit live order book, 5 min ago0.01 bp5.5 bp −$66.2 bp −$6211.8 bp −$1,18533.2 bp −$16.6K

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−0.0012%1h4,339.1−0.127%$26K$21K20xas long as short
SunX XAU-USDT0.0000%4h4,348.6+0.092%$92K$11.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,340.8−0.086%$266K25xas long as short
Hotstuff GOLD-PERP+0.0008%1h4,341.5−0.071%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.134%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0038%24h4,341.9−0.062%$4.0M$34.2M15xas long as short
StandX XAU-USD+0.0040%1h4,344.4−0.004%$3.8M$4.6M40xas long as short
QFEX GOLD-USD+0.0042%1h4,344.5−0.002%$5.5M$1.8M20xas long as short
Vest GC-PERP+0.0046%1h4,378.8+0.788%$995K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,341.7−0.066%$292.9M$51.6M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,341−0.081%$14.8M$51.8M25xas long as short
Paradex XAU-USD-PERP+0.0068%8h4,344.60.000%$19K$6K5xas long as short
Lighter XAU+0.0072%1h4,343.8−0.017%$20.7M$46.2M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,343−0.036%$2.0M$5.2M25xas long as short
Aster XAUUSD1long+0.0083%4h4,344.6long leg$70.2M$239.7M20x
Pacifica XAU+0.0100%1h4,341.8−0.064%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,341.1−0.081%$272K$203K50xas long as short
Aevo XAU-PERP+0.0112%1h4,344.4−0.004%$161K$8710xas long as short
Extended XAU-USD+0.0128%1h4,340.7−0.089%$13.1M$51.9M25xas long as short
Variational Omni XAU+0.0129%4h4,345.2+0.014%$47.9M$35.1Mas long as short
MEXC XAU_USDT+0.0134%4h4,344.5−0.001%$374.1M$337.4M1000xas long as short
Binance XAUUSDT+0.0136%4h4,344.6−0.001%$411.7M$2.08B100xas long as short
Phoenix GOLD+0.0136%1h4,341.6−0.069%$43K$64K25xas long as short
RISEx XAU/USDC+0.0138%1h4,344.5−0.001%$3.5M$12.4M25xas long as short
Bullet GOLD-USD+0.0138%1h4,344.5−0.001%$59K$83K10xas long as short
edgeX XAUUSDC+0.0141%4h4,342−0.059%$30.2M$57.3M50xas long as short
Lighter RH XAU+0.0144%1h4,346.5+0.045%$20.3M$45.0M25xas long as short
Gate XAU_USDT+0.0146%4h4,346.2+0.038%$271.9M$409.9M100xas long as short
GRVT XAU_USDT_Perp+0.0152%4h4,344.9+0.007%$1.4M$3.4M25xas long as short
Bybit XAUUSDTshort+0.0168%4h4,345.5+0.021%$83.2M$141.7M150x
Polymarket Perps GOLD-USD+0.0177%1h4,344.9+0.007%$4.4M$2.3M20xas long as short
Bitget XAUUSDT+0.0254%4h4,344.5−0.001%$68.6M$110.3M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0257%1h4,343.9−0.016%$221K$949K25xas long as short
OKX XAU-USDT-SWAP+0.0310%8h4,345+0.010%$157.7M$270.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0312%1h4,342.7−0.043%$587K$114K25xas long as short
HTX XAU-USDT+0.0317%4h4,348+0.078%$2.8M$3.7M75xas long as short
BloFin XAU-USDT+0.0376%4h4,344.6+0.001%$14.9M$4.2M100xas long as short
Phemex XAUUSDT+0.0454%4h4,347.5+0.067%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0468% / S −0.0311%1h4,344.5−0.001%$251K111xas long as short