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−0.0162%/8h= −17.7% APRnext payment $0.81 per $10,000 · paid last 24h −0.030%
Price spread now: Variational Omni against Bitget−0.028%7-day average −0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.044%−$4 on $10k
Price spread, last 7 days+0.016%+$2 · spread now −0.028%, 7d avg −0.011%
Together, before fees−0.028%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XAUUSDT4,345.20.0266pay 0.0133% / 4h3h 19m$71.0M$109.2M100x
ShortVariational Omni XAU4,343.90.0104get 0.0052% / 4h3h 19m$48.3M$27.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
−$33.97
Price spread: −0.028% → −0.011%
−$1.77
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$47.74
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago0.01 bp6.0 bp −$67.1 bp −$7110.9 bp −$1,093doesn't fit
Sell Variational Omni RFQ quote, 5 min ago1.54 bpdoesn't fit1.5 bp −$153.2 bp −$318doesn'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
SunX XAU-USDT0.0000%4h4,349.4+0.097%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,340.5−0.107%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,345.1−0.001%$3.9M$12.4M25xas long as short
Bluefin GOLD-PERP+0.0015%1h4,338.3−0.159%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,340.9−0.097%$13.3M$37.2M25xas long as short
Bybit XAUUSDT+0.0033%4h4,345.4+0.005%$79.9M$152.2M150xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.121%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,344.6−0.013%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,344.2−0.022%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,377.4+0.742%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,341.2−0.091%$293.7M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,341.9−0.075%$15.0M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,342.1−0.070%$4.3M$37.5M15xas long as short
Lighter XAU+0.0056%1h4,343.9−0.028%$20.7M$34.7M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,341.4−0.086%$2.1M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0060%8h4,344.7−0.011%$19K$5K5xas long as short
Lighter RH XAU+0.0072%1h4,346.5+0.031%$20.2M$40.0M25xas long as short
Gate XAU_USDT+0.0090%4h4,346.2+0.024%$268.7M$417.6M100xas long as short
Aster XAUUSD1+0.0092%4h4,346.2+0.024%$71.5M$331.8M20xas long as short
Pacifica XAU+0.0100%1h4,341.1−0.093%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,340.8−0.099%$274K$203K50xas long as short
Hotstuff GOLD-PERP+0.0104%1h4,340.9−0.098%$33K25xas long as short
Variational Omni XAUshort+0.0104%4h4,343.9−0.028%$48.3M$27.5M
Aevo XAU-PERP+0.0112%1h4,343.8−0.032%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,344.8−0.008%$371.7M$320.5M1000xas long as short
Binance XAUUSDT+0.0119%4h4,344.8−0.008%$418.5M$2.09B100xas long as short
edgeX XAUUSDC+0.0129%4h4,340.2−0.115%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0136%1h4,340.5−0.107%$47K$77K25xas long as short
Phemex XAUUSDT+0.0165%4h4,347.7+0.058%$2.2M$967K100xas long as short
GRVT XAU_USDT_Perp+0.0182%4h4,344.6−0.013%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0211%1h4,344.8−0.008%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0213%1h4,344.6−0.013%$4.3M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,343.2−0.045%$205K$826K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,341.9−0.074%$592K$132K25xas long as short
Bitget XAUUSDTlong+0.0266%4h4,345.2long leg$71.0M$109.2M100x
OKX XAU-USDT-SWAP+0.0326%8h4,345.5+0.008%$167.2M$282.3M100xas long as short
BloFin XAU-USDT+0.0358%4h4,341.8−0.077%$15.7M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,344.8−0.008%$250K111xas long as short
HTX XAU-USDT+0.0547%4h4,348.2+0.070%$2.8M$4.6M75xas long as short