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+0.4255%/8h= +466.0% APRnext payment +$5.32 per $10,000 · paid last 24h +0.180%
Price spread now: Bluefin against Coinbase International−0.014%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 5 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: +$128 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOLD-PERP-INTX4,303.90.0056pay 0.0007% / 1h35m 01s$2.0M$5.1M25x
ShortBluefin GOLD-PERP4,303.30.4311get 0.0539% / 1h35m 01s$25K$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Coinbase International. 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
$893.61
Price spread: −0.014% → 0.000%
−$1.37
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
$875.24
Costs to cover
0.170%
Break-even
0.1 days
Slippage unknown: Coinbase International: live order book, 4 min ago; Bluefin: 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 Coinbase International live order book, 4 min ago0.70 bp6.5 bp −$69.7 bp −$97doesn't fitdoesn't fit
Sell Bluefin no order-book sample
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
Hotstuff GOLD-PERP−0.0032%1h4,305.5+0.037%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,311.4+0.174%$92K$6.8M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,303.6−0.008%$278K250xas long as short
GRVT XAU_USDT_Perp+0.0012%4h4,308+0.096%$1.4M$3.0M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.081%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,306.8+0.067%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,338.7+0.809%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,306.3+0.056%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,305+0.026%$291.0M$53.9M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,304.5+0.014%$4.3M$1.8M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,303.5−0.009%$15.0M$55.8M25xas long as short
Aster XAUUSD1+0.0052%4h4,308.5+0.108%$73.4M$271.9M20xas long as short
Coinbase International GOLD-PERP-INTXlong+0.0056%1h4,303.9long leg$2.0M$5.1M25x
Paradex XAU-USD-PERP+0.0061%8h4,306.2+0.055%$2K$13K5xas long as short
Extended XAU-USD+0.0064%1h4,303.2−0.016%$13.1M$36.2M25xas long as short
Lighter XAU+0.0080%1h4,306.2+0.054%$20.3M$28.9M25xas long as short
Variational Omni XAU+0.0089%4h4,305.9+0.046%$46.6M$29.2Mas long as short
Phoenix GOLD+0.0095%1h4,306.1+0.051%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,302.7−0.027%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,305.2+0.030%$275K$218K50xas long as short
MEXC XAU_USDT+0.0102%4h4,307.4+0.082%$361.8M$337.4M1000xas long as short
Binance XAUUSDT+0.0103%4h4,307.7+0.089%$434.2M$2.22B100xas long as short
Lighter RH XAU+0.0104%1h4,308.9+0.117%$19.8M$39.9M25xas long as short
Aevo XAU-PERP+0.0104%1h4,306.2+0.053%$159K$8710xas long as short
Kalshi KXGOLDPERP+0.0109%24h4,309.8+0.137%$3.7M$46.5M15xas long as short
edgeX XAUUSDC+0.0111%4h4,306.8+0.066%$30.0M$61.5M50xas long as short
Bybit XAUUSDT+0.0117%4h4,308.4+0.105%$77.5M$157.3M150xas long as short
RISEx XAU/USDC+0.0126%1h4,307.1+0.074%$4.4M$13.1M25xas long as short
Gate XAU_USDT+0.0160%4h4,310.4+0.150%$297.0M$426.7M100xas long as short
Bitget XAUUSDT+0.0190%4h4,308+0.096%$70.4M$124.6M100xas long as short
Bullet GOLD-USD+0.0195%1h4,307.2+0.076%$58K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0215%1h4,305.6+0.039%$134K$846K25xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,308.5+0.107%$171.2M$329.7M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,305.2+0.029%$573K$138K25xas long as short
BloFin XAU-USDT+0.0369%4h4,307.1+0.075%$16.2M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0314%1h4,307.6+0.086%$255K111xas long as short
Phemex XAUUSDT+0.0527%4h4,310+0.142%$2.2M$955K100xas long as short
HTX XAU-USDT+0.1118%4h4,315.8+0.276%$3.2M$6.2M75xas long as short
Bluefin GOLD-PERPshort+0.4311%1h4,303.3−0.014%$25K$1K20x