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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Injective against Extended+0.196%60s7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.196% dearer against Extended than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,341.90.0032pay 0.0004% / 1h6m 26s$13.2M$37.2M25x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h6m 26s$619$5452x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$0.28
Price spread: +0.196% → 0.000%
$19.58
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$14.84
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 min ago; Injective: 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 −$33.4 bp −$346.9 bp −$69425.1 bp −$12.6K
Sell Injective no order-book sample
Injective: 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-PERP−0.0008%1h4,338.9−0.070%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,350.5+0.198%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342+0.001%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,346.2+0.099%$3.7M$12.5M25xas long as short
Extended XAU-USDlong+0.0032%1h4,341.9long leg$13.2M$37.2M25x
Injective XAU/USDC PERPshort+0.0033%1h4,350.4+0.196%$619$5452x
Hotstuff GOLD-PERP+0.0040%1h4,341.5−0.010%$33K25xas long as short
StandX XAU-USD+0.0040%1h4,345.3+0.078%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,345.1+0.073%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,378.3+0.838%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,342.5+0.013%$293.7M$49.1M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,342.6+0.015%$15.0M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0052%24h4,341.90.000%$4.3M$37.4M15xas long as short
Bybit XAUUSDT+0.0055%4h4,347+0.118%$80.1M$152.0M150xas long as short
Lighter XAU+0.0056%1h4,345+0.071%$20.7M$34.8M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,341.7−0.005%$2.1M$4.7M25xas long as short
Gate XAU_USDT+0.0062%4h4,347.4+0.127%$268.5M$418.9M100xas long as short
Paradex XAU-USD-PERP+0.0066%8h4,345.7+0.088%$19K$5K5xas long as short
Lighter RH XAU+0.0080%1h4,347.5+0.129%$20.2M$40.2M25xas long as short
Aster XAUUSD1+0.0097%4h4,346.5+0.105%$71.5M$331.5M20xas long as short
Pacifica XAU+0.0100%1h4,342+0.002%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,340.4−0.035%$274K$203K50xas long as short
Variational Omni XAU+0.0105%4h4,342.7+0.017%$48.4M$27.5Mas long as short
Aevo XAU-PERP+0.0112%1h4,345.1+0.073%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,346.1+0.097%$370.6M$321.4M1000xas long as short
Binance XAUUSDT+0.0120%4h4,346.1+0.097%$418.8M$2.09B100xas long as short
edgeX XAUUSDC+0.0135%4h4,340−0.043%$30.2M$57.9M50xas long as short
Phoenix GOLD+0.0136%1h4,342+0.002%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0154%4h4,343.9+0.046%$1.4M$2.9M25xas long as short
Polymarket Perps GOLD-USD+0.0204%1h4,345.9+0.092%$4.2M$2.0M20xas long as short
Bullet GOLD-USD+0.0206%1h4,346.1+0.096%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0211%1h4,344.3+0.055%$204K$826K25xas long as short
Phemex XAUUSDT+0.0218%4h4,347.6+0.130%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,342.8+0.021%$590K$135K25xas long as short
Bitget XAUUSDT+0.0274%4h4,346.1+0.095%$71.1M$108.8M100xas long as short
OKX XAU-USDT-SWAP+0.0330%8h4,347+0.117%$167.2M$283.1M100xas long as short
BloFin XAU-USDT+0.0360%4h4,345+0.071%$15.7M$4.4M100xas long as short
HTX XAU-USDT+0.0424%4h4,346.8+0.112%$2.8M$4.6M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,346.1+0.097%$250K111xas long as short