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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0419%/8h= −45.9% APRnext payment $0.52 per $10,000 · paid last 24h −0.106%
Price spread now: Vest against GMX+0.743%7-day average +0.850% · 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)−0.336%−$34 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.743%, 7d avg +0.850%
Together, before fees−0.369%+ Points / potential airdropVest: Active · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Vest is 0.107% cheaper against GMX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.850%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX GOLD/USD [ETH-USDC]4,311.5L +0.0465% / S −0.0313%pay 0.0058% / 1h19m 57s$254K111x
ShortVest GC-PERP4,343.50.0046get 0.0006% / 1h19m 57s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against GMX. 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
−$88.04
Price spread: +0.743% → +0.850%
−$10.7
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$112.74
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Vest: 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 GMX no order-book sample
Sell Vest no order-book sample
GMX and Vest: 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%4h4,315.6+0.096%$92K$6.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,307.7−0.088%$273K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.903%$619$5452xas long as short
Vest GC-PERPshort+0.0046%1h4,343.5+0.743%$1.0M25x
QFEX GOLD-USD+0.0046%1h4,309.1−0.055%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,307.8−0.085%$291.0M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,310.3−0.027%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,307.5−0.093%$15.0M$56.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,306.7−0.111%$2.0M$5.1M25xas long as short
Paradex XAU-USD-PERP+0.0062%8h4,309.8−0.039%$2K$13K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAUUSD1+0.0069%4h4,315.9+0.103%$73.9M$271.5M20xas long as short
Lighter XAU+0.0080%1h4,311−0.011%$20.2M$29.6M25xas long as short
Hotstuff GOLD-PERP+0.0080%1h4,306.8−0.109%$32K25xas long as short
Extended XAU-USD+0.0088%1h4,308.3−0.074%$13.0M$36.1M25xas long as short
StandX XAU-USD+0.0093%1h4,311.3−0.004%$3.8M$4.5M40xas long as short
Phoenix GOLD+0.0095%1h4,301.6−0.229%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,306.5−0.116%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,301.8−0.226%$273K$219K50xas long as short
Lighter RH XAU+0.0104%1h4,313.6+0.050%$19.8M$40.6M25xas long as short
Aevo XAU-PERP+0.0112%1h4,310.3−0.027%$160K$8710xas long as short
Kalshi KXGOLDPERP+0.0114%24h4,313.8+0.054%$3.6M$47.1M15xas long as short
Variational Omni XAU+0.0115%4h4,311.4−0.001%$46.9M$29.9Mas long as short
edgeX XAUUSDC+0.0117%4h4,300.7−0.249%$30.0M$62.5M50xas long as short
MEXC XAU_USDT+0.0122%4h4,314.1+0.059%$356.3M$348.6M1000xas long as short
RISEx XAU/USDC+0.0126%1h4,312+0.012%$4.5M$13.4M25xas long as short
Binance XAUUSDT+0.0130%4h4,313.8+0.055%$437.5M$2.27B100xas long as short
Bybit XAUUSDT+0.0141%4h4,314.7+0.075%$79.8M$161.3M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0168%1h4,310.9−0.014%$133K$832K25xas long as short
Gate XAU_USDT+0.0178%4h4,313.8+0.053%$302.2M$436.5M100xas long as short
GRVT XAU_USDT_Perp+0.0188%4h4,306.4−0.118%$1.4M$3.1M25xas long as short
Bullet GOLD-USD+0.0197%1h4,311.9+0.010%$58K$77K10xas long as short
Bitget XAUUSDT+0.0202%4h4,312.7+0.029%$70.3M$127.9M100xas long as short
OKX XAU-USDT-SWAP+0.0251%8h4,314.3+0.065%$170.7M$341.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,309.2−0.053%$573K$139K25xas long as short
BloFin XAU-USDT+0.0394%4h4,311.7+0.006%$16.4M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]longL +0.0465% / S −0.0313%1h4,311.5long leg$254K111x
Phemex XAUUSDT+0.0473%4h4,312.9+0.032%$2.2M$959K100xas long as short
HTX XAU-USDT+0.1204%4h4,317.3+0.134%$3.2M$6.9M75xas long as short
Bluefin GOLD-PERP+0.2382%1h4,305.5−0.140%$25K$1K20xas long as short