data as of
Settings8H · net · $10k
Price arb /

XAU

RWAall XAU markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$6
spread now+0.011%7d average−0.038%fees + slippage, in and out−$11spread needed0.109%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAUUSDT4,353.50.0168pay 0.0084% / 4h28m 37s$416.0M$1.96B100x
ShortLighter XAU4,353.90.0088get 0.0011% / 1h28m 37s$20.7M$44.8M25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$1.11
Funding while held
−$2.4
Slippage, 4 orders
−$0.9
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$12.19
Spread needed to break even
0.109%
Slippage from Binance: live order book, 2 min ago; Lighter: live order book, 7 min ago.

Cost of waiting

funding view
Funding /8h
−0.0080%
Per $10,000 a day
$2.40
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago0.01 bp5.0 bp −$55.0 bp −$506.8 bp −$675doesn't fit
Sell Lighter live order book, 7 min ago0.28 bp0.3 bp $02.1 bp −$219.3 bp −$92621.3 bp −$10.7K

XAU price on every exchange

against the cheapest. Click to use as the short leg.

XAU on 38 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bluefin GOLD-PERP−0.127%−0.0271%1h$26K$23K20xas long as short
Ondo Perps XAU-USD.P−0.123%+0.0050%1h$14.8M$42.8M25xas long as short
edgeX XAUUSDC−0.091%+0.0188%4h$30.3M$52.8M50xas long as short
Injective XAU/USDC PERP−0.070%+0.0033%1h$619$72K52xas long as short
Phoenix GOLD−0.068%+0.0107%1h$53K$54K25xas long as short
Extended XAU-USD−0.067%+0.0056%1h$13.3M$52.0M25xas long as short
tradeXYZ xyz:GOLD−0.066%+0.0050%1h$294.2M$55.4M25xas long as short
ApeX Omni XAUUSDT−0.054%+0.0100%1h$273K$203K50xas long as short
Coinbase International GOLD-PERP-INTX−0.052%+0.0104%1h$2.0M$4.9M25xas long as short
Pacifica XAU−0.045%+0.0100%1h$1.4M$1.3M10xas long as short
Show all 38 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hotstuff GOLD-PERP−0.043%+0.0136%1h$33K25xas long as short
Kalshi KXGOLDPERP−0.040%+0.0118%24h$4.2M$29.3M15xas long as short
Kraken Futures PF_XAUUSD−0.036%+0.0301%1h$589K$106K25xas long as short
gTrade (Gains Network) XAU/USD−0.033%L +0.0002% / S −0.0001%1h$187K250xas long as short
QFEX GOLD-USD−0.015%+0.0051%1h$5.4M$1.9M20xas long as short
Bitget XAUUSDT−0.007%+0.0290%4h$71.6M$92.8M100xas long as short
RISEx XAU/USDC−0.006%0.0000%1h$3.7M$12.0M25xas long as short
Paradex XAU-USD-PERP−0.005%+0.0068%8h$19K$6K5xas long as short
Variational Omni XAU−0.004%+0.0156%4h$47.3M$42.0Mas long as short
Binance XAUUSDTlong0.000%+0.0168%4h$416.0M$1.96B100x
MEXC XAU_USDT+0.005%+0.0168%4h$369.9M$378.4M1000xas long as short
Aster XAUUSD1+0.011%+0.0153%4h$69.1M$161.8M20xas long as short
Gate XAU_USDT+0.011%+0.0046%4h$277.9M$369.8M100xas long as short
Lighter XAUshort+0.011%+0.0088%1h$20.7M$44.8M25x
OKX XAU-USDT-SWAP+0.012%+0.0249%8h$159.1M$254.8M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.012%+0.0118%1h$220K$951K25xas long as short
GMX GOLD/USD [ETH-USDC]+0.017%L +0.0362% / S −0.0176%1h$221K111xas long as short
Bullet GOLD-USD+0.017%+0.0113%1h$59K$78K10xas long as short
Aevo XAU-PERP+0.017%+0.0120%1h$161K$8710xas long as short
Bybit XAUUSDT+0.024%+0.0097%4h$82.3M$128.4M150xas long as short
Polymarket Perps GOLD-USD+0.026%+0.0202%1h$4.1M$1.8M20xas long as short
BloFin XAU-USDT+0.029%+0.0409%4h$15.5M$4.3M100xas long as short
Phemex XAUUSDT+0.035%0.0000%4h$2.2M$1.0M100xas long as short
StandX XAU-USD+0.040%+0.0040%1h$3.8M$1.6M40xas long as short
Lighter RH XAU+0.065%+0.0080%1h$19.7M$39.3M25xas long as short
HTX XAU-USDT+0.102%+0.0375%4h$2.4M$2.1M75xas long as short
SunX XAU-USDT+0.119%0.0000%4h$93K$11.1M20xas long as short
Vest GC-PERP+0.839%+0.0046%1h$789K25xas long as short