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+0.0218%/8h= +23.8% APRnext payment +$0.27 per $10,000 · paid last 24h +0.045%
Price spread now: GMX against Extended+0.149%7-day average +0.068% · 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)+0.118%+$12 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.149%, 7d avg +0.068%
Together, before fees+0.146%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.081% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,318.30.0088pay 0.0011% / 1h54m 26s$12.7M$35.7M25x
ShortGMX GOLD/USD [ETH-USDC]4,324.8L +0.0460% / S −0.0306%get 0.0038% / 1h54m 26s$252K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$45.69
Price spread: +0.149% → +0.068%
$8.13
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$36.82
Costs to cover
0.170%
Break-even
1.4 days
Slippage unknown: Extended: live order book, 5 min ago; GMX: 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, 5 min ago0.12 bp2.6 bp −$33.6 bp −$367.0 bp −$69826.4 bp −$13.2K
Sell GMX no order-book sample
GMX: 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%4h4,328.8+0.242%$92K$6.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.7+0.286%$275K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,325.1+0.157%$2.0M$5.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.743%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,321.5+0.074%$6.6M$3.0M20xas long as short
StandX XAU-USD+0.0040%1h4,328.5+0.236%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,355.4+0.859%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,319.9+0.037%$291.8M$54.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,318.2−0.003%$15.1M$57.4M25xas long as short
RISEx XAU/USDC+0.0056%1h4,323.3+0.115%$4.6M$13.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0058%8h4,321.6+0.076%$2K$13K5xas long as short
Aster XAUUSD1+0.0059%4h4,324.2+0.135%$74.3M$273.2M20xas long as short
Hotstuff GOLD-PERP+0.0080%1h4,319.7+0.032%$32K25xas long as short
Extended XAU-USDlong+0.0088%1h4,318.3long leg$12.7M$35.7M25x
Variational Omni XAU+0.0094%4h4,326.7+0.194%$47.1M$29.9Mas long as short
Phoenix GOLD+0.0095%1h4,328.1+0.226%$43K$72K25xas long as short
Lighter RH XAU+0.0096%1h4,323.9+0.128%$19.9M$38.6M25xas long as short
Pacifica XAU+0.0100%1h4,319.1+0.018%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,327.6+0.214%$284K$232K50xas long as short
Lighter XAU+0.0104%1h4,321.5+0.074%$20.1M$29.4M25xas long as short
Gate XAU_USDT+0.0106%4h4,325+0.153%$302.2M$430.2M100xas long as short
Aevo XAU-PERP+0.0112%1h4,323.5+0.120%$160K$8710xas long as short
MEXC XAU_USDT+0.0114%4h4,323.3+0.116%$352.0M$348.6M1000xas long as short
Binance XAUUSDT+0.0116%4h4,323.2+0.113%$435.2M$2.36B100xas long as short
Polymarket Perps GOLD-USD+0.0119%1h4,322.6+0.099%$4.3M$1.7M20xas long as short
Kalshi KXGOLDPERP+0.0121%24h4,326.4+0.187%$3.5M$48.6M15xas long as short
edgeX XAUUSDC+0.0123%4h4,325.6+0.168%$30.2M$65.1M50xas long as short
GRVT XAU_USDT_Perp+0.0130%4h4,329.2+0.252%$1.4M$3.0M25xas long as short
Bybit XAUUSDT+0.0145%4h4,324.3+0.138%$81.5M$170.3M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0167%1h4,321.9+0.083%$134K$783K25xas long as short
Bullet GOLD-USD+0.0190%1h4,322.9+0.105%$58K$77K10xas long as short
Bitget XAUUSDT+0.0196%4h4,323+0.108%$71.5M$133.0M100xas long as short
OKX XAU-USDT-SWAP+0.0244%8h4,323.8+0.127%$170.6M$356.2M100xas long as short
BloFin XAU-USDT+0.0356%4h4,325+0.155%$16.2M$5.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0412%1h4,321.6+0.076%$582K$150K25xas long as short
Phemex XAUUSDT+0.0427%4h4,327+0.200%$2.2M$961K100xas long as short
GMX GOLD/USD [ETH-USDC]shortL +0.0460% / S −0.0306%1h4,324.8+0.149%$252K111x
HTX XAU-USDT+0.1110%4h4,330.9+0.291%$3.2M$7.0M75xas long as short
Bluefin GOLD-PERP+0.3386%1h4,316.7−0.038%$25K$1K20xas long as short