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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.022%
Price spread now: Aevo against Injective−0.162%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 feesneeds both histories
Funding pays, the price is against you. Aevo is 0.162% cheaper against Injective than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 6.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h16m 54s$619$5452x
ShortAevo XAU-PERP4,343.40.0112get 0.0014% / 1h16m 54s$161K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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
$16.52
Price spread: −0.162% → 0.000%
−$16.2
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$15.7
Costs to cover
0.160%
Break-even
13.7 days
Slippage unknown: Injective: no order-book sample; Aevo: live order book, 37 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 Injective no order-book sample
Sell Aevo live order book, 37 min ago5.96 bp15.8 bp −$1628.5 bp −$285doesn't fitdoesn't fit
Injective: 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%4h4,348.1−0.053%$92K$8.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,340.3−0.234%$272K250xas long as short
RISEx XAU/USDC+0.0005%1h4,344.2−0.143%$3.8M$12.5M25xas long as short
Bluefin GOLD-PERP+0.0016%1h4,337.7−0.293%$25K$14K20xas long as short
Extended XAU-USD+0.0032%1h4,340.4−0.230%$13.3M$37.2M25xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
Bybit XAUUSDT+0.0034%4h4,345.3−0.119%$80.0M$152.2M150xas long as short
StandX XAU-USD+0.0040%1h4,344.2−0.143%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,343.6−0.157%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,376.7+0.604%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,341.1−0.214%$293.7M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,341.2−0.211%$15.0M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,341−0.217%$4.3M$37.4M15xas long as short
Lighter XAU+0.0056%1h4,343.4−0.160%$20.7M$34.7M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,340.6−0.226%$33K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.3−0.256%$2.1M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,343.9−0.150%$19K$5K5xas long as short
Lighter RH XAU+0.0072%1h4,345.7−0.108%$20.2M$40.1M25xas long as short
Gate XAU_USDT+0.0084%4h4,345.6−0.110%$268.2M$418.0M100xas long as short
Aster XAUUSD1+0.0085%4h4,345−0.125%$71.5M$331.8M20xas long as short
Pacifica XAU+0.0100%1h4,340.2−0.236%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,341.2−0.213%$274K$203K50xas long as short
Variational Omni XAU+0.0104%4h4,343.9−0.150%$48.3M$27.5Mas long as short
Aevo XAU-PERPshort+0.0112%1h4,343.4−0.162%$161K$8710x
MEXC XAU_USDT+0.0118%4h4,344.4−0.138%$371.5M$320.9M1000xas long as short
Binance XAUUSDT+0.0119%4h4,344.3−0.141%$418.4M$2.09B100xas long as short
edgeX XAUUSDC+0.0129%4h4,340.2−0.236%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0136%1h4,340.5−0.228%$47K$77K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0165%1h4,342.7−0.177%$205K$826K25xas long as short
GRVT XAU_USDT_Perp+0.0182%4h4,344.6−0.134%$1.4M$2.9M25xas long as short
Phemex XAUUSDT+0.0185%4h4,347−0.080%$2.2M$967K100xas long as short
Polymarket Perps GOLD-USD+0.0211%1h4,343.8−0.152%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0211%1h4,344.1−0.145%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,340.9−0.218%$592K$132K25xas long as short
Bitget XAUUSDT+0.0268%4h4,344.9−0.126%$71.1M$109.3M100xas long as short
OKX XAU-USDT-SWAP+0.0326%8h4,345.4−0.115%$167.2M$282.8M100xas long as short
BloFin XAU-USDT+0.0359%4h4,344.2−0.143%$15.7M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,344.1−0.145%$250K111xas long as short
HTX XAU-USDT+0.0528%4h4,346.8−0.083%$2.8M$4.6M75xas long as short