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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0406%/8h= −44.5% APRpaid last 24h +0.211%
Price spread now: Bluefin against edgeX−0.041%48s7-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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bluefin is 0.041% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAUUSDC4,350.20.0084pay 0.0042% / 4h2h 37m$30.3M$60.6M50x
ShortBluefin GOLD-PERP4,348.4−0.0323pay 0.0040% / 1h37m 34s$25K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin 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
−$85.28
Price spread: −0.041% → 0.000%
−$4.09
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$105.37
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 2 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 edgeX live order book, 2 min ago0.12 bp5.1 bp −$55.1 bp −$518.8 bp −$87840.2 bp −$20.1K
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
Bluefin GOLD-PERPshort−0.0323%1h4,348.4−0.041%$25K$14K20x
Aster XAUUSD10.0000%4h4,354.9+0.107%$69.7M$292.1M20xas long as short
Gate XAU_USDT0.0000%4h4,357.2+0.160%$263.1M$407.9M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,353.9+0.085%$4.1M$36.5M15xas long as short
SunX XAU-USDT0.0000%4h4,360+0.225%$93K$9.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,351.4+0.028%$269K250xas long as short
Extended XAU-USD+0.0032%1h4,351.7+0.034%$13.6M$43.0M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,352.8+0.060%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.005%$619$5452xas long as short
Lighter XAU+0.0040%1h4,354.7+0.103%$20.6M$43.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0040%1h4,356+0.133%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,388.2+0.874%$1.0M25xas long as short
Lighter RH XAU+0.0048%1h4,357.1+0.158%$20.1M$40.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,352.8+0.060%$294.0M$48.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,352.7+0.058%$15.0M$57.7M25xas long as short
QFEX GOLD-USD+0.0051%1h4,354.8+0.106%$5.6M$1.9M20xas long as short
Polymarket Perps GOLD-USD+0.0060%1h4,353+0.064%$4.3M$1.9M20xas long as short
Variational Omni XAU+0.0061%4h4,355.7+0.127%$48.3M$28.4Mas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,350.9+0.016%$2.0M$5.0M25xas long as short
edgeX XAUUSDClong+0.0084%4h4,350.2long leg$30.3M$60.6M50x
Paradex XAU-USD-PERP+0.0084%8h4,355.6+0.125%$19K$5K5xas long as short
MEXC XAU_USDT+0.0084%4h4,355.8+0.128%$372.3M$321.6M1000xas long as short
Binance XAUUSDT+0.0086%4h4,354+0.087%$409.2M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,352.4+0.051%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,353.9+0.084%$275K$204K50xas long as short
Aevo XAU-PERP+0.0104%1h4,354.4+0.096%$161K$8710xas long as short
Phoenix GOLD+0.0121%1h4,354.7+0.103%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,355.3+0.116%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0136%4h4,357.5+0.167%$1.4M$2.9M25xas long as short
Bitget XAUUSDT+0.0150%4h4,354.5+0.099%$69.2M$109.7M100xas long as short
Bullet GOLD-USD+0.0158%1h4,355.4+0.120%$59K$83K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,353.7+0.080%$234K$661K25xas long as short
Bybit XAUUSDT+0.0185%4h4,355.2+0.115%$84.1M$143.6M150xas long as short
OKX XAU-USDT-SWAP+0.0225%8h4,355.8+0.129%$164.9M$284.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,352.7+0.057%$594K$141K25xas long as short
BloFin XAU-USDT+0.0286%4h4,364.8+0.336%$15.5M$4.6M100xas long as short
Phemex XAUUSDT+0.0368%4h4,359.7+0.217%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,355.3+0.117%$253K111xas long as short
HTX XAU-USDT+0.0527%4h4,359.5+0.214%$2.9M$3.9M75xas long as short