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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment $0.09 per $10,000 · paid last 24h −0.012%
Price spread now: Aster against edgeX+0.149%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$180.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 7 days−0.135%−$14 · spread now +0.149%, 7d avg +0.104%
Together, before fees−0.189%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.045% dearer against edgeX than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of +0.104%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,360.50.0019pay 0.0009% / 4h41m 30s$30.3M$58.3M50x
ShortAster XAUUSD14,3670get 0.0000% / 4h41m 30s$71.6M$228.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
−$3.98
Price spread: +0.149% → +0.104%
$4.48
Slippage, 4 orders
−$0.71
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$17.21
Costs to cover
0.177%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 3 min ago0.34 bp4.8 bp −$54.8 bp −$487.8 bp −$78037.3 bp −$18.6K
Sell Aster live order book, 3 min ago0.01 bp4.0 bp −$44.0 bp −$4020.8 bp −$2,078doesn't fit

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−0.0304%1h4,360.3−0.004%$26K$21K20xas long as short
Phoenix GOLD−0.0004%1h4,362+0.034%$48K$65K25xas long as short
Aster XAUUSD1short0.0000%4h4,367+0.149%$71.6M$228.0M20x
Binance XAUUSDT0.0000%4h4,366.2+0.131%$407.9M$2.11B100xas long as short
Bybit XAUUSDT0.0000%4h4,366.9+0.146%$82.6M$141.6M150xas long as short
RISEx XAU/USDC0.0000%1h4,365.9+0.124%$3.4M$12.4M25xas long as short
Gate XAU_USDT0.0000%4h4,366.9+0.146%$268.1M$407.9M100xas long as short
MEXC XAU_USDT0.0000%4h4,366.2+0.129%$377.2M$321.4M1000xas long as short
Bitget XAUUSDT0.0000%4h4,366.1+0.128%$67.0M$111.1M100xas long as short
Variational Omni XAU0.0000%4h4,365.9+0.123%$48.5M$30.6Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XAU_USDT_Perp0.0000%4h4,367.2+0.153%$1.4M$3.1M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,365.1+0.105%$4.0M$35.3M15xas long as short
SunX XAU-USDT0.0000%4h4,372.2+0.268%$93K$10.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,363.1+0.058%$268K250xas long as short
edgeX XAUUSDClong+0.0019%4h4,360.5long leg$30.3M$58.3M50x
QFEX GOLD-USD+0.0032%1h4,365.7+0.119%$5.6M$1.7M20xas long as short
Lighter XAU+0.0032%1h4,365.3+0.109%$20.8M$44.4M25xas long as short
Lighter RH XAU+0.0032%1h4,367.6+0.162%$20.3M$41.6M25xas long as short
Extended XAU-USD+0.0032%1h4,362.8+0.051%$13.0M$46.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.232%$619$5452xas long as short
Bullet GOLD-USD+0.0035%1h4,366.9+0.146%$60K$81K10xas long as short
StandX XAU-USD+0.0040%1h4,366.3+0.132%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,401.7+0.944%$1.0M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0048%1h4,365+0.103%$235K$735K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,362.7+0.050%$293.7M$52.3M25xas long as short
Paradex XAU-USD-PERP+0.0050%8h4,365.9+0.124%$19K$6K5xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,362.8+0.051%$14.5M$56.1M25xas long as short
Polymarket Perps GOLD-USD+0.0075%1h4,367.3+0.155%$4.3M$1.8M20xas long as short
Aevo XAU-PERP+0.0080%1h4,365.9+0.124%$162K$8710xas long as short
Hotstuff GOLD-PERP+0.0096%1h4,363.1+0.059%$33K25xas long as short
Pacifica XAU+0.0100%1h4,363.3+0.064%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,361.3+0.019%$277K$204K50xas long as short
HTX XAU-USDT+0.0138%4h4,371.1+0.241%$2.8M$3.8M75xas long as short
Coinbase International GOLD-PERP-INTX+0.0152%1h4,364+0.080%$2.0M$5.1M25xas long as short
OKX XAU-USDT-SWAP+0.0154%8h4,367+0.148%$157.9M$271.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0220%1h4,364.6+0.094%$602K$138K25xas long as short
BloFin XAU-USDT+0.0240%4h4,366.8+0.144%$14.7M$4.4M100xas long as short
Phemex XAUUSDT+0.0302%4h4,369.2+0.200%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0388% / S −0.0197%1h4,366.8+0.144%$252K111xas long as short