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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0160%/8h= −17.5% APRnext payment $0.20 per $10,000 · paid last 24h −0.007%
Price spread now: StandX against Extended+0.135%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days−0.046%−$5 · spread now +0.135%, 7d avg +0.109%
Together, before fees−0.012%+ Points / potential airdropExtended: Active · StandX: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.025% dearer against Extended than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of +0.109%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,319.70.0200pay 0.0025% / 1h56m 25s$12.5M$34.1M25x
ShortStandX XAU-USD4,325.50.0040get 0.0005% / 1h56m 25s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$33.6
Price spread: +0.135% → +0.109%
$2.54
Slippage, 4 orders
−$7.35
Fee Extended: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$51.4
Costs to cover
0.203%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; StandX: live order book, 1 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, 6 min ago0.12 bp2.6 bp −$33.2 bp −$326.3 bp −$63423.8 bp −$11.9K
Sell StandX live order book, 1 min ago0.12 bp7.2 bp −$77.7 bp −$7710.3 bp −$1,03414.0 bp −$7,024

XAU on 39 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOLD-PERP−0.0096%1h4,321.9+0.051%$35K$3K25xas long as short
Coinbase International GOLD-PERP-INTX−0.0032%1h4,322.2+0.058%$2.1M$5.0M25xas long as short
SunX XAU-USDT0.0000%4h4,329.5+0.226%$92K$5.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,318.7−0.023%$307K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.711%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,325.5+0.135%$3.8M$4.5M40x
QFEX GOLD-USD+0.0042%1h4,322.2+0.058%$6.7M$3.3M20xas long as short
Aster XAUUSD1+0.0042%4h4,325+0.123%$71.5M$276.6M20xas long as short
Vest GC-PERP+0.0046%1h4,356.8+0.859%$1.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,319.6−0.003%$15.2M$59.2M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,322.4+0.063%$2K$13K5xas long as short
RISEx XAU/USDC+0.0062%1h4,323.8+0.095%$4.6M$13.3M25xas long as short
Variational Omni XAU+0.0066%4h4,327.9+0.189%$47.2M$27.9Mas long as short
Gate XAU_USDT+0.0068%4h4,325.4+0.132%$299.1M$431.2M100xas long as short
tradeXYZ xyz:GOLD+0.0075%1h4,321.1+0.033%$291.9M$51.9M25xas long as short
MEXC XAU_USDT+0.0080%4h4,323.5+0.088%$362.6M$347.9M1000xas long as short
Binance XAUUSDT+0.0082%4h4,323.8+0.095%$440.8M$2.42B100xas long as short
Lighter XAU+0.0088%1h4,322.8+0.072%$20.1M$29.9M25xas long as short
edgeX XAUUSDC+0.0089%4h4,323.4+0.086%$30.2M$66.2M50xas long as short
GRVT XAU_USDT_Perp+0.0090%4h4,329.2+0.221%$1.4M$3.1M25xas long as short
Pacifica XAU+0.0100%1h4,320.9+0.028%$1.4M$1.4M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,325.8+0.140%$287K$227K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,320.7+0.024%$25K$1K20xas long as short
Aevo XAU-PERP+0.0104%1h4,323.7+0.094%$160K$8710xas long as short
Phoenix GOLD+0.0127%1h4,324.1+0.102%$43K$71K25xas long as short
Lighter RH XAU+0.0144%1h4,325.4+0.131%$19.5M$38.9M25xas long as short
Kalshi KXGOLDPERP+0.0145%24h4,325.3+0.130%$3.5M$51.5M15xas long as short
Bybit XAUUSDT+0.0154%4h4,324.5+0.111%$83.0M$167.0M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,323.4+0.086%$135K$659K25xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,322+0.052%$582K$166K25xas long as short
Extended XAU-USDlong+0.0200%1h4,319.7long leg$12.5M$34.1M25x
Bitget XAUUSDT+0.0200%4h4,323.5+0.089%$73.0M$140.3M100xas long as short
Phemex XAUUSDT+0.0212%4h4,328.8+0.210%$2.3M$733K100xas long as short
Bullet GOLD-USD+0.0219%1h4,323.7+0.093%$59K$77K10xas long as short
Polymarket Perps GOLD-USD+0.0223%1h4,323.6+0.091%$4.3M$1.7M20xas long as short
OKX XAU-USDT-SWAP+0.0226%8h4,324.1+0.102%$170.9M$361.3M100xas long as short
BloFin XAU-USDT+0.0321%4h4,325.5+0.134%$16.5M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0258%1h4,325.3+0.130%$253K111xas long as short
HTX XAU-USDT+0.1028%4h4,332.5+0.296%$3.2M$7.1M75xas long as short