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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: Bullet against Extended+0.097%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bullet is 0.097% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,323.60.0080pay 0.0010% / 1h56m 31s$12.7M$35.8M25x
ShortBullet GOLD-USD4,327.80.0188get 0.0023% / 1h56m 31s$58K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Extended. 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
$22.68
Price spread: +0.097% → 0.000%
$9.71
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
$19.39
Costs to cover
0.130%
Break-even
1.0 days
Slippage unknown: Extended: live order book, 3 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 Extended live order book, 3 min ago0.12 bp2.6 bp −$33.6 bp −$367.0 bp −$69826.4 bp −$13.2K
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
SunX XAU-USDT0.0000%4h4,333.7+0.234%$92K$6.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.7+0.164%$275K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,327.4+0.088%$2.0M$5.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.621%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,326.9+0.077%$6.6M$3.0M20xas long as short
Bluefin GOLD-PERP+0.0039%1h4,323.5−0.002%$25K$1K20xas long as short
StandX XAU-USD+0.0040%1h4,332.7+0.211%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,360.5+0.854%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,326.2+0.061%$32K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,324.3+0.017%$292.1M$55.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,323.6+0.001%$15.1M$57.4M25xas long as short
RISEx XAU/USDC+0.0056%1h4,329+0.125%$4.6M$13.6M25xas long as short
Paradex XAU-USD-PERP+0.0058%8h4,327+0.079%$2K$13K5xas long as short
Aster XAUUSD1+0.0059%4h4,329+0.126%$74.4M$273.1M20xas long as short
Extended XAU-USDlong+0.0080%1h4,323.6long leg$12.7M$35.8M25x
Variational Omni XAU+0.0093%4h4,332+0.194%$47.2M$30.1Mas long as short
Phoenix GOLD+0.0095%1h4,333.5+0.230%$43K$67K25xas long as short
Lighter RH XAU+0.0096%1h4,329.2+0.130%$19.8M$38.5M25xas long as short
Pacifica XAU+0.0100%1h4,323.7+0.003%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,330+0.149%$284K$232K50xas long as short
Lighter XAU+0.0104%1h4,326.8+0.076%$20.2M$29.3M25xas long as short
Gate XAU_USDT+0.0104%4h4,329.6+0.138%$300.4M$428.9M100xas long as short
Aevo XAU-PERP+0.0112%1h4,328.7+0.119%$160K$8710xas long as short
MEXC XAU_USDT+0.0114%4h4,327.4+0.089%$353.4M$347.9M1000xas long as short
Binance XAUUSDT+0.0115%4h4,327.7+0.095%$435.6M$2.36B100xas long as short
Kalshi KXGOLDPERP+0.0120%24h4,332.4+0.204%$3.5M$48.6M15xas long as short
edgeX XAUUSDC+0.0127%4h4,330.2+0.153%$30.3M$64.9M50xas long as short
GRVT XAU_USDT_Perp+0.0132%4h4,331.1+0.175%$1.4M$3.0M25xas long as short
Polymarket Perps GOLD-USD+0.0132%1h4,327+0.079%$4.3M$1.7M20xas long as short
Bybit XAUUSDT+0.0140%4h4,328.8+0.120%$81.6M$170.1M150xas long as short
Bullet GOLD-USDshort+0.0188%1h4,327.8+0.097%$58K$77K10x
Bitget XAUUSDT+0.0196%4h4,327.5+0.091%$72.0M$132.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0212%1h4,327.6+0.093%$134K$781K25xas long as short
OKX XAU-USDT-SWAP+0.0244%8h4,328.7+0.119%$171.1M$355.0M100xas long as short
BloFin XAU-USDT+0.0355%4h4,329.7+0.141%$16.2M$5.5M100xas long as short
Phemex XAUUSDT+0.0361%4h4,333.1+0.219%$2.2M$961K100xas long as short
Kraken Futures PF_XAUUSD+0.0411%1h4,326.6+0.071%$582K$150K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0306%1h4,327.8+0.097%$252K111xas long as short
HTX XAU-USDT+0.1112%4h4,337.3+0.318%$3.2M$7.0M75xas long as short