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+0.0156%/8h= +17.1% APRpaid last 24h +0.011%
Price spread now: Bullet against Bybit−0.017%7-day average · 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)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: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAUUSDT4,327.20.0049pay 0.0024% / 4h34m 19s$77.6M$153.0M150x
ShortBullet GOLD-USD4,326.50.0205get 0.0026% / 1h34m 19s$58K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Bybit. 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
$32.79
Price spread: −0.017% → 0.000%
−$1.69
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bullet: 4 bp × 2 orders
−$8
Net
$12.1
Costs to cover
0.190%
Break-even
4.4 days
Slippage unknown: Bybit: live order book, 5 min ago; Bullet: no order-book sample. 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 Bybit live order book, 5 min ago0.01 bp5.9 bp −$67.5 bp −$7510.9 bp −$1,08828.3 bp −$14.1K
Sell Bullet no order-book sample
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
Bluefin GOLD-PERP−0.0105%1h4,320.7−0.151%$25K$1K20xas long as short
Hotstuff GOLD-PERP−0.0096%1h4,322.4−0.111%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,330.5+0.076%$92K$7.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,322.7−0.103%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.537%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,327.20.000%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,324.6−0.060%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,358.4+0.721%$1.0M25xas long as short
Bybit XAUUSDTlong+0.0049%4h4,327.2long leg$77.6M$153.0M150x
tradeXYZ xyz:GOLD+0.0050%1h4,323−0.097%$291.8M$51.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,321.5−0.133%$15.0M$55.6M25xas long as short
Aster XAUUSD1+0.0056%4h4,326.9−0.007%$72.9M$272.0M20xas long as short
Lighter XAU+0.0064%1h4,325.6−0.038%$20.4M$29.2M25xas long as short
Paradex XAU-USD-PERP+0.0066%8h4,325.1−0.047%$2K$14K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,322−0.120%$2.1M$4.8M25xas long as short
Variational Omni XAU+0.0089%4h4,324.9−0.053%$47.2M$29.3Mas long as short
Kalshi KXGOLDPERP+0.0092%24h4,327.8+0.014%$3.8M$44.6M15xas long as short
Phoenix GOLD+0.0096%1h4,323.8−0.078%$47K$79K25xas long as short
MEXC XAU_USDT+0.0098%4h4,326.3−0.021%$364.0M$327.3M1000xas long as short
GRVT XAU_USDT_Perp+0.0098%4h4,326.6−0.014%$1.4M$3.1M25xas long as short
Binance XAUUSDT+0.0100%4h4,326.1−0.024%$425.2M$2.13B100xas long as short
Pacifica XAU+0.0100%1h4,322.4−0.111%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,324.5−0.063%$272K$208K50xas long as short
Aevo XAU-PERP+0.0104%1h4,325.8−0.033%$160K$8710xas long as short
Gate XAU_USDT+0.0106%4h4,328.5+0.030%$285.1M$415.9M100xas long as short
edgeX XAUUSDC+0.0117%4h4,323.1−0.095%$30.1M$59.6M50xas long as short
Lighter RH XAU+0.0120%1h4,327.8+0.014%$20.0M$39.1M25xas long as short
Extended XAU-USD+0.0128%1h4,322.4−0.111%$13.2M$36.8M25xas long as short
Bitget XAUUSDT+0.0194%4h4,326.7−0.011%$70.2M$118.6M100xas long as short
Bullet GOLD-USDshort+0.0205%1h4,326.5−0.017%$58K$81K10x
Deribit GOLD_USDC-PERPETUAL+0.0213%1h4,325.2−0.046%$163K$871K25xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,326.2−0.023%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,324.1−0.072%$578K$135K25xas long as short
OKX XAU-USDT-SWAP+0.0276%8h4,326.7−0.011%$173.8M$299.3M100xas long as short
BloFin XAU-USDT+0.0339%4h4,325.8−0.033%$16.4M$4.6M100xas long as short
Phemex XAUUSDT+0.0361%4h4,328.9+0.040%$2.2M$975K100xas long as short
HTX XAU-USDT+0.0415%4h4,331.9+0.108%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,326.1−0.024%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,326.1−0.025%$4.6M$13.3M25xas long as short