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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h −0.013%
Price spread now: Vest against Coinbase International+0.843%7-day average +0.959% · 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)−0.439%−$44 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.843%, 7d avg +0.959%
Together, before fees−0.460%+ Points / potential airdropVest: Active · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Vest is 0.116% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.959%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOLD-PERP-INTX4,341.70.0056pay 0.0007% / 1h5m 46s$2.1M$4.7M25x
ShortVest GC-PERP4,378.30.0046get 0.0006% / 1h5m 46s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$2.17
Price spread: +0.843% → +0.959%
−$11.58
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$25.74
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Vest: 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, 3 min ago0.12 bp5.4 bp −$56.7 bp −$6743.4 bp −$4,343doesn't fit
Sell Vest no order-book sample
Vest: 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−0.0008%1h4,338.9−0.065%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,350.5+0.203%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342+0.006%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,346.2+0.104%$3.7M$12.5M25xas long as short
Extended XAU-USD+0.0032%1h4,342.1+0.009%$13.2M$37.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.201%$619$5452xas long as short
Hotstuff GOLD-PERP+0.0040%1h4,341.5−0.005%$33K25xas long as short
StandX XAU-USD+0.0040%1h4,345.3+0.083%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,345.1+0.078%$5.6M$2.1M20xas long as short
Vest GC-PERPshort+0.0046%1h4,378.3+0.843%$1.0M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,342.5+0.018%$293.7M$49.1M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,342.6+0.020%$15.0M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0052%24h4,343.8+0.048%$4.0M$38.9M15xas long as short
Bybit XAUUSDT+0.0055%4h4,347.1+0.125%$80.1M$152.0M150xas long as short
Lighter XAU+0.0056%1h4,345.1+0.077%$20.7M$34.8M25xas long as short
Coinbase International GOLD-PERP-INTXlong+0.0056%1h4,341.7long leg$2.1M$4.7M25x
Gate XAU_USDT+0.0062%4h4,347.6+0.136%$268.3M$419.0M100xas long as short
Paradex XAU-USD-PERP+0.0066%8h4,345.7+0.093%$19K$5K5xas long as short
Lighter RH XAU+0.0080%1h4,347.6+0.135%$20.2M$40.2M25xas long as short
Aster XAUUSD1+0.0097%4h4,346.5+0.110%$71.5M$331.5M20xas long as short
Pacifica XAU+0.0100%1h4,342+0.007%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,340.4−0.030%$274K$203K50xas long as short
Variational Omni XAU+0.0105%4h4,345.4+0.084%$48.3M$27.6Mas long as short
Aevo XAU-PERP+0.0112%1h4,345.1+0.078%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,346.2+0.104%$370.7M$321.6M1000xas long as short
Binance XAUUSDT+0.0120%4h4,346.2+0.104%$418.8M$2.09B100xas long as short
edgeX XAUUSDC+0.0135%4h4,340−0.038%$30.2M$57.9M50xas long as short
Phoenix GOLD+0.0136%1h4,342+0.007%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0154%4h4,343.9+0.051%$1.4M$2.9M25xas long as short
Phemex XAUUSDT+0.0201%4h4,349+0.168%$2.2M$967K100xas long as short
Polymarket Perps GOLD-USD+0.0204%1h4,345.9+0.097%$4.2M$2.0M20xas long as short
Bullet GOLD-USD+0.0206%1h4,346.1+0.101%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0211%1h4,344.3+0.060%$204K$826K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,342.8+0.026%$590K$135K25xas long as short
Bitget XAUUSDT+0.0274%4h4,346.7+0.116%$71.1M$108.8M100xas long as short
OKX XAU-USDT-SWAP+0.0330%8h4,347.2+0.127%$167.2M$283.1M100xas long as short
BloFin XAU-USDT+0.0360%4h4,345+0.076%$15.7M$4.4M100xas long as short
HTX XAU-USDT+0.0410%4h4,346.8+0.117%$2.8M$4.6M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,346.1+0.102%$250K111xas long as short