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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.019%
Price spread now: StandX against gTrade (Gains Network)+0.094%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2812.814% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.094%, 7d avg +0.119%
Together, before fees−0.001%+ Points / potential airdropStandX: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.025% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread +0.094% now, against its 7-day average of +0.119%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAU/USD4,343L +0.0002% / S −0.0003%pay 0.0000% / 1h34m 31s$271K250x
ShortStandX XAU-USD4,347.10.0040get 0.0005% / 1h34m 31s$3.8M$4.6M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$7.91
Price spread: +0.094% → +0.119%
−$2.53
Slippage, 4 orders
−$266.42
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
−$276.03
Costs to cover
2.814%
Break-even
251.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 55 min ago; StandX: live order book, 5 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), 55 min ago130.01 bp133.5 bp −$134196.7 bp −$1,9671352.9 bp −$135.3K5907.8 bp −$2.95M
Sell StandX live order book, 5 min ago2.87 bp7.1 bp −$77.1 bp −$719.6 bp −$95711.5 bp −$5,728

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
RISEx XAU/USDC0.0000%1h4,347+0.092%$3.4M$12.3M25xas long as short
SunX XAU-USDT0.0000%4h4,350.2+0.166%$92K$9.0M20xas long as short
gTrade (Gains Network) XAU/USDlongL +0.0002% / S −0.0003%1h4,343long leg$271K250x
Gate XAU_USDT+0.0008%4h4,348+0.114%$267.7M$412.0M100xas long as short
Lighter XAU+0.0032%1h4,345.7+0.063%$20.8M$37.8M25xas long as short
Extended XAU-USD+0.0032%1h4,343.2+0.005%$13.3M$38.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.171%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,347.7+0.108%$20.1M$39.2M25xas long as short
StandX XAU-USDshort+0.0040%1h4,347.1+0.094%$3.8M$4.6M40x
QFEX GOLD-USD+0.0041%1h4,346.8+0.087%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP+0.0045%24h4,344.5+0.034%$4.1M$37.2M15xas long as short
Vest GC-PERP+0.0046%1h4,379.8+0.847%$1.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,343.1+0.002%$2.0M$4.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,343.7+0.016%$293.7M$48.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,343.7+0.015%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0064%4h4,347.5+0.102%$71.0M$333.7M20xas long as short
Variational Omni XAU+0.0080%4h4,346.7+0.085%$48.5M$27.8Mas long as short
Paradex XAU-USD-PERP+0.0085%8h4,347.3+0.098%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0088%4h4,348.2+0.120%$1.4M$3.0M25xas long as short
Binance XAUUSDT+0.0093%4h4,347.1+0.095%$413.9M$2.09B100xas long as short
MEXC XAU_USDT+0.0094%4h4,347.1+0.094%$372.8M$317.6M1000xas long as short
edgeX XAUUSDC+0.0095%4h4,343.4+0.009%$30.2M$58.3M50xas long as short
Pacifica XAU+0.0100%1h4,343.3+0.007%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,346.8+0.087%$275K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,345.6+0.061%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,347.3+0.099%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0151%1h4,346.6+0.083%$4.3M$1.9M20xas long as short
Hotstuff GOLD-PERP+0.0160%1h4,343.7+0.016%$33K25xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,343.4+0.009%$592K$132K25xas long as short
Bullet GOLD-USD+0.0199%1h4,346.9+0.090%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0210%1h4,345.3+0.053%$243K$789K25xas long as short
Phemex XAUUSDT+0.0218%4h4,349.7+0.154%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0232%4h4,347.3+0.098%$70.0M$109.2M100xas long as short
Bybit XAUUSDT+0.0238%4h4,348.4+0.124%$85.0M$145.0M150xas long as short
OKX XAU-USDT-SWAP+0.0284%8h4,348.4+0.124%$165.6M$281.7M100xas long as short
Bluefin GOLD-PERP+0.0285%1h4,340.5−0.057%$25K$14K20xas long as short
BloFin XAU-USDT+0.0344%4h4,346.1+0.072%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0413% / S −0.0230%1h4,347+0.092%$248K111xas long as short
HTX XAU-USDT+0.0626%4h4,351.6+0.198%$2.9M$4.3M75xas long as short