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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.049%
Price spread now: Binance against gTrade (Gains Network)+0.092%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2772.770% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.049%+$5 on $10k
Price spread, last 1 day (all we have)+0.018%+$2 · spread now +0.092%, 7d avg +0.093%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAU/USD4,366.8L +0.0002% / S −0.0003%pay 0.0000% / 1h12m 18s$268K250x
ShortBinance XAUUSDT4,370.90get 0.0000% / 4h12m 18s$410.8M$2.14B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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
−$0.48
Price spread: +0.092% → +0.093%
−$0.08
Slippage, 4 orders
−$260.04
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$277.59
Costs to cover
2.770%
Break-even
never at this rate
Slippage from gTrade (Gains Network): virtual book (oracle venue), 32 min ago; Binance: live order book, 2 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 gTrade (Gains Network) virtual book (oracle venue), 32 min ago130.01 bp133.5 bp −$134196.7 bp −$1,9671352.9 bp −$135.3K5907.8 bp −$2.95M
Sell Binance live order book, 2 min ago0.01 bp5.0 bp −$55.0 bp −$505.8 bp −$582doesn'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
Bluefin GOLD-PERP−0.0246%1h4,363.2−0.084%$26K$22K20xas long as short
Phoenix GOLD−0.0004%1h4,370.3+0.079%$48K$65K25xas long as short
Aster XAUUSD10.0000%4h4,371+0.096%$71.9M$224.5M20xas long as short
Binance XAUUSDTshort0.0000%4h4,370.9+0.092%$410.8M$2.14B100x
Bybit XAUUSDT0.0000%4h4,371.4+0.104%$82.7M$142.5M150xas long as short
RISEx XAU/USDC0.0000%1h4,370.9+0.093%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,371.6+0.109%$267.7M$418.0M100xas long as short
MEXC XAU_USDT0.0000%4h4,370.9+0.093%$376.2M$324.3M1000xas long as short
Bitget XAUUSDT0.0000%4h4,371.1+0.098%$69.6M$113.3M100xas long as short
Variational Omni XAU0.0000%4h4,370.5+0.083%$48.5M$29.3Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XAU_USDT_Perp0.0000%4h4,371+0.096%$1.4M$3.1M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,368.1+0.029%$4.0M$36.2M15xas long as short
SunX XAU-USDT0.0000%4h4,375.1+0.190%$93K$10.5M20xas long as short
edgeX XAUUSDC+0.0001%4h4,365.2−0.037%$30.4M$59.4M50xas long as short
gTrade (Gains Network) XAU/USDlongL +0.0002% / S −0.0003%1h4,366.8long leg$268K250x
Hotstuff GOLD-PERP+0.0008%1h4,367.6+0.017%$33K25xas long as short
QFEX GOLD-USD+0.0032%1h4,370.4+0.082%$5.4M$1.9M20xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.376%$619$5452xas long as short
Lighter XAU+0.0040%1h4,370+0.071%$20.7M$44.9M25xas long as short
StandX XAU-USD+0.0040%1h4,371.9+0.116%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,405.2+0.878%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,367.2+0.008%$294.2M$52.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,367+0.003%$14.7M$57.0M25xas long as short
Paradex XAU-USD-PERP+0.0056%8h4,370.7+0.089%$19K$5K5xas long as short
Lighter RH XAU+0.0056%1h4,372.5+0.130%$20.2M$42.3M25xas long as short
Extended XAU-USD+0.0072%1h4,366.8−0.002%$13.1M$45.3M25xas long as short
Aevo XAU-PERP+0.0080%1h4,370.1+0.075%$162K$8710xas long as short
Pacifica XAU+0.0100%1h4,367.9+0.024%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,368.2+0.030%$277K$204K50xas long as short
Polymarket Perps GOLD-USD+0.0107%1h4,370.4+0.082%$4.3M$1.8M20xas long as short
Bullet GOLD-USD+0.0116%1h4,371+0.095%$59K$81K10xas long as short
Coinbase International GOLD-PERP-INTX+0.0152%1h4,369.3+0.056%$2.0M$5.1M25xas long as short
OKX XAU-USDT-SWAP+0.0163%8h4,371.8+0.114%$158.6M$274.3M100xas long as short
HTX XAU-USDT+0.0198%4h4,374.9+0.185%$2.9M$3.8M75xas long as short
Kraken Futures PF_XAUUSD+0.0219%1h4,368.2+0.031%$603K$137K25xas long as short
BloFin XAU-USDT+0.0240%4h4,371.6+0.110%$14.8M$4.5M100xas long as short
Phemex XAUUSDT+0.0320%4h4,373.6+0.155%$2.2M$1.1M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0345%1h4,370+0.072%$235K$736K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,370.9+0.092%$252K111xas long as short