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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.257%
Price spread now: gTrade (Gains Network) against Bluefin+0.073%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.073% dearer against Bluefin than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin GOLD-PERP4,355.20.0100pay 0.0013% / 1h0m 18s$26K$22K20x
ShortgTrade (Gains Network) XAU/USD4,358.4L +0.0002% / S −0.0003%get 0.0000% / 1h0m 18s$269K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.33
Price spread: +0.073% → 0.000%
$7.35
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$26.99
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Bluefin: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 39 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 gTrade (Gains Network) virtual book (oracle venue), 39 min ago130.01 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn'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 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
Aster XAUUSD10.0000%4h4,363.2+0.186%$69.8M$236.4M20xas long as short
Gate XAU_USDT0.0000%4h4,363.4+0.189%$265.3M$423.3M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,360.3+0.118%$4.0M$36.7M15xas long as short
SunX XAU-USDT0.0000%4h4,367.1+0.275%$93K$10.1M20xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,358.4+0.073%$269K250x
Extended XAU-USD+0.0032%1h4,358.4+0.075%$13.5M$43.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.109%$619$5452xas long as short
Variational Omni XAU+0.0040%4h4,362+0.157%$48.4M$28.5Mas long as short
StandX XAU-USD+0.0040%1h4,363.9+0.201%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,362.9+0.178%$5.6M$1.9M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,395.9+0.936%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,362.5+0.170%$3.4M$12.4M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,359+0.088%$294.2M$51.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,358.5+0.077%$14.8M$57.2M25xas long as short
Phoenix GOLD+0.0055%1h4,359.6+0.102%$48K$64K25xas long as short
MEXC XAU_USDT+0.0056%4h4,362.6+0.171%$372.8M$331.7M1000xas long as short
Binance XAUUSDT+0.0059%4h4,362.9+0.177%$411.6M$2.14B100xas long as short
edgeX XAUUSDC+0.0063%4h4,356.5+0.032%$30.3M$60.4M50xas long as short
Lighter XAU+0.0072%1h4,360.2+0.116%$20.6M$44.5M25xas long as short
Paradex XAU-USD-PERP+0.0088%8h4,362.9+0.177%$19K$5K5xas long as short
Lighter RH XAU+0.0088%1h4,364.5+0.214%$20.2M$41.5M25xas long as short
Aevo XAU-PERP+0.0096%1h4,361.7+0.151%$162K$8710xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,359.4+0.098%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,360+0.111%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,359.2+0.092%$275K$204K50xas long as short
Bluefin GOLD-PERPlong+0.0100%1h4,355.2long leg$26K$22K20x
Bitget XAUUSDT+0.0110%4h4,362.7+0.173%$69.7M$112.2M100xas long as short
Polymarket Perps GOLD-USD+0.0116%1h4,361.5+0.146%$4.3M$1.8M20xas long as short
Hotstuff GOLD-PERP+0.0128%1h4,358.3+0.072%$33K25xas long as short
GRVT XAU_USDT_Perp+0.0142%4h4,362.6+0.172%$1.4M$3.1M25xas long as short
Bybit XAUUSDT+0.0197%4h4,363+0.180%$83.7M$144.7M150xas long as short
Bullet GOLD-USD+0.0214%1h4,362.9+0.178%$59K$82K10xas long as short
OKX XAU-USDT-SWAP+0.0216%8h4,363.7+0.196%$164.2M$287.5M100xas long as short
BloFin XAU-USDT+0.0225%4h4,362.7+0.174%$15.4M$4.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,359.8+0.108%$595K$141K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0232%1h4,360.6+0.125%$235K$658K25xas long as short
Phemex XAUUSDT+0.0301%4h4,364.9+0.223%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,362.9+0.179%$254K111xas long as short
HTX XAU-USDT+0.0557%4h4,367.1+0.275%$2.9M$3.9M75xas long as short