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−0.0101%/8h= −11.0% APRnext payment $0.13 per $10,000 · paid last 24h −0.019%
Price spread now: gTrade (Gains Network) against Extended+0.004%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2732.735% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.004%, 7d avg 0.000%
Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,302.60.0104pay 0.0013% / 1h5m 45s$13.2M$36.6M25x
ShortgTrade (Gains Network) XAU/USD4,302.8L +0.0002% / S −0.0003%get 0.0000% / 1h5m 45s$268K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21.18
Price spread: +0.004% → 0.000%
$0.43
Slippage, 4 orders
−$261.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$294.2
Costs to cover
2.735%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 63 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 Extended live order book, 3 min ago0.12 bp2.6 bp −$33.6 bp −$366.9 bp −$694doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 63 min ago130.01 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn'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
SunX XAU-USDT0.0000%4h4,311.1+0.197%$92K$7.0M20xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,302.8+0.004%$268K250x
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.112%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,306.4+0.089%$5.7M$3.0M20xas long as short
Vest GC-PERP+0.0046%1h4,339.2+0.851%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,302.3−0.006%$289.7M$52.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,304.1+0.035%$15.0M$55.3M25xas long as short
Aster XAUUSD1+0.0057%4h4,307.5+0.114%$72.8M$272.0M20xas long as short
Paradex XAU-USD-PERP+0.0062%8h4,307.7+0.118%$2K$14K5xas long as short
Bluefin GOLD-PERP+0.0070%1h4,302.4−0.005%$25K$1K20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0071%4h4,306.7+0.095%$77.2M$155.4M150xas long as short
Lighter XAU+0.0072%1h4,305.8+0.074%$20.2M$30.2M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,303.5+0.021%$2.0M$5.1M25xas long as short
Phoenix GOLD+0.0096%1h4,313.9+0.263%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0100%24h4,309.2+0.154%$3.7M$45.4M15xas long as short
Pacifica XAU+0.0100%1h4,304.3+0.040%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,313.5+0.254%$272K$209K50xas long as short
Variational Omni XAU+0.0101%4h4,306.5+0.092%$46.7M$29.3Mas long as short
Lighter RH XAU+0.0104%1h4,308.3+0.133%$19.9M$40.2M25xas long as short
Extended XAU-USDlong+0.0104%1h4,302.6long leg$13.2M$36.6M25x
MEXC XAU_USDT+0.0108%4h4,306.9+0.099%$365.6M$341.2M1000xas long as short
Binance XAUUSDT+0.0110%4h4,306.3+0.085%$428.9M$2.16B100xas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,316.1+0.313%$1.4M$3.0M25xas long as short
Aevo XAU-PERP+0.0112%1h4,306.4+0.088%$159K$8710xas long as short
Gate XAU_USDT+0.0118%4h4,308.2+0.131%$285.0M$430.8M100xas long as short
Hotstuff GOLD-PERP+0.0120%1h4,304.5+0.045%$32K25xas long as short
edgeX XAUUSDC+0.0127%4h4,313.1+0.246%$30.0M$59.8M50xas long as short
StandX XAU-USD+0.0130%1h4,310.3+0.179%$3.8M$4.5M40xas long as short
Bitget XAUUSDT+0.0190%4h4,306+0.080%$70.4M$121.5M100xas long as short
Bullet GOLD-USD+0.0199%1h4,306.8+0.098%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0222%1h4,307+0.103%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0229%1h4,304.3+0.040%$573K$138K25xas long as short
OKX XAU-USDT-SWAP+0.0263%8h4,305.9+0.077%$175.1M$306.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0308%1h4,305.5+0.068%$136K$865K25xas long as short
BloFin XAU-USDT+0.0371%4h4,308.4+0.136%$16.5M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0464% / S −0.0311%1h4,306.9+0.101%$253K111xas long as short
Phemex XAUUSDT+0.0472%4h4,311.1+0.197%$2.2M$949K100xas long as short
HTX XAU-USDT+0.0542%4h4,314.1+0.268%$3.2M$6.1M75xas long as short
RISEx XAU/USDC+0.0643%1h4,307.4+0.111%$4.5M$13.1M25xas long as short