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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Hotstuff−0.009%7-day average · you buy dearer than you sell
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 airdropHotstuff: Active · Extended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,320.60.0056pay 0.0007% / 1h56m 15s$32K25x
ShortExtended XAU-USD4,320.20.0136get 0.0017% / 1h56m 15s$13.0M$36.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hotstuff. 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
$16.8
Price spread: −0.009% → 0.000%
−$0.94
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$5.86
Costs to cover
0.100%
Break-even
4.6 days
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 3 min ago. 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 Hotstuff no order-book sample
Sell Extended live order book, 3 min ago0.12 bp2.6 bp −$33.5 bp −$357.2 bp −$723doesn't fit
Hotstuff: 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−0.0106%1h4,318−0.059%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,328.9+0.192%$92K$7.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,320.3−0.006%$270K250xas long as short
Bybit XAUUSDT+0.0026%4h4,325.2+0.106%$76.9M$153.9M150xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.690%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,324.6+0.093%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,323+0.056%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,356.6+0.833%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,320.3−0.007%$291.4M$51.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,319.3−0.029%$15.0M$55.7M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAU+0.0056%1h4,322.8+0.051%$20.3M$28.8M25xas long as short
Hotstuff GOLD-PERPlong+0.0056%1h4,320.6long leg$32K25x
Aster XAUUSD1+0.0059%4h4,326.1+0.128%$72.7M$272.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,319.3−0.030%$2.1M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0073%8h4,322.8+0.052%$2K$14K5xas long as short
Kalshi KXGOLDPERP+0.0086%24h4,325.2+0.106%$3.8M$44.2M15xas long as short
Variational Omni XAU+0.0094%4h4,321.5+0.020%$47.2M$29.1Mas long as short
GRVT XAU_USDT_Perp+0.0098%4h4,321.8+0.028%$1.4M$3.0M25xas long as short
Phoenix GOLD+0.0100%1h4,319.5−0.025%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,320−0.014%$1.4M$1.2M10xas long as short
MEXC XAU_USDT+0.0100%4h4,324.4+0.089%$365.0M$324.5M1000xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,318.8−0.042%$272K$208K50xas long as short
Binance XAUUSDT+0.0100%4h4,324.5+0.090%$424.7M$2.14B100xas long as short
Gate XAU_USDT+0.0102%4h4,325.7+0.118%$279.4M$408.2M100xas long as short
Aevo XAU-PERP+0.0104%1h4,323.4+0.064%$160K$8710xas long as short
edgeX XAUUSDC+0.0110%4h4,319−0.037%$30.1M$59.2M50xas long as short
Lighter RH XAU+0.0112%1h4,325.5+0.113%$20.0M$38.5M25xas long as short
Extended XAU-USDshort+0.0136%1h4,320.2−0.009%$13.0M$36.3M25x
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,322.6+0.046%$163K$861K25xas long as short
Bullet GOLD-USD+0.0190%1h4,324.6+0.092%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0203%1h4,324.4+0.088%$4.3M$2.0M20xas long as short
Bitget XAUUSDT+0.0206%4h4,323.7+0.072%$68.5M$118.1M100xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,321.5+0.020%$578K$136K25xas long as short
OKX XAU-USDT-SWAP+0.0292%8h4,324.3+0.086%$173.3M$300.1M100xas long as short
BloFin XAU-USDT+0.0340%4h4,324.8+0.098%$16.4M$4.6M100xas long as short
HTX XAU-USDT+0.0346%4h4,330.3+0.223%$3.2M$5.8M75xas long as short
Phemex XAUUSDT+0.0360%4h4,325.9+0.123%$2.2M$975K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,324.6+0.092%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,326.2+0.131%$4.1M$12.9M25xas long as short