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+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Polymarket Perps against Bullet+0.010%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 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet GOLD-USD4,310.70.0199pay 0.0025% / 1h7m 50s$59K$81K10x
ShortPolymarket Perps GOLD-USD4,311.10.0221get 0.0028% / 1h7m 50s$4.3M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bullet. 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
$4.65
Price spread: +0.010% → 0.000%
$1.02
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$10.33
Costs to cover
0.160%
Break-even
22.5 days
Slippage unknown: Bullet: no order-book sample; Polymarket Perps: live order book, 6 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 Bullet no order-book sample
Sell Polymarket Perps live order book, 6 min ago1.04 bp5.2 bp −$55.3 bp −$535.5 bp −$554doesn't fit
Bullet: 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
Hotstuff GOLD-PERP−0.0032%1h4,308.8−0.043%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,313.8+0.072%$92K$7.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,306.1−0.106%$268K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.922%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,309.3−0.032%$5.7M$2.7M20xas long as short
Vest GC-PERP+0.0046%1h4,343.2+0.755%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,306.2−0.103%$290.2M$52.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,307.2−0.080%$15.0M$55.3M25xas long as short
Aster XAUUSD1+0.0057%4h4,307.9−0.064%$72.8M$271.9M20xas long as short
Paradex XAU-USD-PERP+0.0063%8h4,310.9+0.006%$2K$14K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERP+0.0063%1h4,305.1−0.129%$25K$1K20xas long as short
Bybit XAUUSDT+0.0069%4h4,307.2−0.080%$77.4M$154.7M150xas long as short
Lighter XAU+0.0072%1h4,308.9−0.041%$20.2M$30.2M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,306.4−0.099%$2.0M$5.1M25xas long as short
Phoenix GOLD+0.0096%1h4,313.9+0.075%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0099%24h4,312.9+0.052%$3.7M$45.2M15xas long as short
Variational Omni XAU+0.0100%4h4,316.5+0.135%$47.1M$29.0Mas long as short
Pacifica XAU+0.0100%1h4,307.8−0.066%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,313.5+0.066%$272K$209K50xas long as short
StandX XAU-USD+0.0103%1h4,320+0.217%$3.8M$4.5M40xas long as short
Lighter RH XAU+0.0104%1h4,311.3+0.014%$19.9M$40.1M25xas long as short
Extended XAU-USD+0.0104%1h4,303.9−0.157%$13.2M$36.6M25xas long as short
Binance XAUUSDT+0.0110%4h4,306.3−0.100%$428.5M$2.15B100xas long as short
MEXC XAU_USDT+0.0110%4h4,307.1−0.082%$359.0M$338.6M1000xas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,316.1+0.125%$1.4M$3.0M25xas long as short
Aevo XAU-PERP+0.0112%1h4,309.5−0.028%$160K$8710xas long as short
Gate XAU_USDT+0.0116%4h4,308.1−0.059%$284.6M$429.8M100xas long as short
edgeX XAUUSDC+0.0127%4h4,313.1+0.058%$30.0M$59.8M50xas long as short
Bitget XAUUSDT+0.0190%4h4,305.9−0.110%$70.3M$120.9M100xas long as short
Bullet GOLD-USDlong+0.0199%1h4,310.7long leg$59K$81K10x
Polymarket Perps GOLD-USDshort+0.0221%1h4,311.1+0.010%$4.3M$1.8M20x
Kraken Futures PF_XAUUSD+0.0228%1h4,307.5−0.074%$573K$138K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0261%1h4,308.6−0.048%$136K$864K25xas long as short
OKX XAU-USDT-SWAP+0.0264%8h4,306.6−0.094%$175.1M$304.5M100xas long as short
BloFin XAU-USDT+0.0350%4h4,312.8+0.049%$16.5M$4.9M100xas long as short
Phemex XAUUSDT+0.0432%4h4,313.4+0.064%$2.2M$949K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0312%1h4,310.70.000%$254K111xas long as short
HTX XAU-USDT+0.0537%4h4,318+0.170%$3.2M$6.1M75xas long as short
RISEx XAU/USDC+0.0643%1h4,310.6−0.002%$4.5M$13.1M25xas long as short