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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.184%
Price spread now: Aevo against Bluefin+0.089%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.089% dearer against Bluefin than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin GOLD-PERP4,317.90.0100pay 0.0013% / 1h55m 19s$25K$1K20x
ShortAevo XAU-PERP4,321.70.0104get 0.0013% / 1h55m 19s$160K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bluefin. 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
$0.84
Price spread: +0.089% → 0.000%
$8.88
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$13.28
Costs to cover
0.230%
Break-even
117.7 days
Slippage unknown: Bluefin: no order-book sample; Aevo: live order book, 51 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 Bluefin no order-book sample
Sell Aevo live order book, 51 min ago6.18 bp15.4 bp −$1525.7 bp −$257doesn't fitdoesn't fit
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAU on 39 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOLD-PERP−0.0096%1h4,321.9+0.094%$35K$3K25xas long as short
Coinbase International GOLD-PERP-INTX−0.0032%1h4,319.5+0.038%$2.1M$5.0M25xas long as short
SunX XAU-USDT0.0000%4h4,327.9+0.232%$92K$5.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,318.2+0.007%$307K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.754%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,324.3+0.149%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,321.6+0.087%$6.7M$3.3M20xas long as short
Aster XAUUSD1+0.0043%4h4,324.3+0.150%$71.4M$276.6M20xas long as short
Vest GC-PERP+0.0046%1h4,355.9+0.881%$1.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,318.9+0.025%$15.2M$59.2M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,322.2+0.101%$2K$13K5xas long as short
RISEx XAU/USDC+0.0062%1h4,323.1+0.121%$4.6M$13.3M25xas long as short
Variational Omni XAU+0.0065%4h4,322.2+0.101%$47.1M$28.0Mas long as short
Gate XAU_USDT+0.0068%4h4,324.7+0.158%$299.1M$431.7M100xas long as short
MEXC XAU_USDT+0.0082%4h4,322.7+0.112%$361.5M$348.2M1000xas long as short
edgeX XAUUSDC+0.0082%4h4,321.6+0.086%$30.2M$66.3M50xas long as short
Binance XAUUSDT+0.0083%4h4,322.8+0.115%$440.7M$2.42B100xas long as short
tradeXYZ xyz:GOLD+0.0086%1h4,320.6+0.064%$291.9M$51.9M25xas long as short
GRVT XAU_USDT_Perp+0.0092%4h4,325.9+0.186%$1.4M$3.1M25xas long as short
Lighter XAU+0.0096%1h4,322.3+0.102%$20.1M$29.9M25xas long as short
Pacifica XAU+0.0100%1h4,320.2+0.054%$1.4M$1.4M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,324.5+0.153%$287K$227K50xas long as short
Bluefin GOLD-PERPlong+0.0100%1h4,317.9long leg$25K$1K20x
Aevo XAU-PERPshort+0.0104%1h4,321.7+0.089%$160K$8710x
Phoenix GOLD+0.0127%1h4,324.1+0.145%$43K$71K25xas long as short
Lighter RH XAU+0.0144%1h4,324.8+0.160%$19.5M$38.9M25xas long as short
Kalshi KXGOLDPERP+0.0145%24h4,324.6+0.156%$3.5M$51.5M15xas long as short
Bybit XAUUSDT+0.0154%4h4,324.1+0.144%$82.9M$166.9M150xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,320.4+0.059%$582K$166K25xas long as short
Extended XAU-USD+0.0200%1h4,318.6+0.017%$12.5M$34.1M25xas long as short
Bitget XAUUSDT+0.0200%4h4,323.3+0.127%$73.0M$140.1M100xas long as short
Phemex XAUUSDT+0.0209%4h4,326.6+0.202%$2.3M$733K100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0213%1h4,321.3+0.080%$135K$659K25xas long as short
Bullet GOLD-USD+0.0219%1h4,322.7+0.112%$59K$77K10xas long as short
OKX XAU-USDT-SWAP+0.0226%8h4,323.2+0.124%$170.8M$361.4M100xas long as short
Polymarket Perps GOLD-USD+0.0228%1h4,322.7+0.112%$4.3M$1.7M20xas long as short
BloFin XAU-USDT+0.0321%4h4,325.5+0.177%$16.5M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0425% / S −0.0258%1h4,322.7+0.112%$253K111xas long as short
HTX XAU-USDT+0.1028%4h4,331.5+0.315%$3.2M$7.1M75xas long as short