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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Injective+0.157%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.157% dearer against Injective than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h24m 53s$619$5452x
ShortExtended XAU-USD4,357.30.0096get 0.0012% / 1h24m 53s$13.5M$43.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$13.16
Price spread: +0.157% → 0.000%
$15.71
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$23.85
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago0.12 bp3.6 bp −$45.1 bp −$518.1 bp −$811doesn'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
Aster XAUUSD10.0000%4h4,361+0.243%$71.1M$200.2M20xas long as short
Gate XAU_USDT0.0000%4h4,362.7+0.281%$265.3M$415.8M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,358.8+0.193%$4.0M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,366.3+0.364%$93K$10.2M20xas long as short
Variational Omni XAU0.0000%4h4,360.4+0.230%$47.8M$28.1Mas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,358+0.174%$267K250xas long as short
MEXC XAU_USDT+0.0018%4h4,361.1+0.246%$373.1M$327.7M1000xas long as short
Binance XAUUSDT+0.0021%4h4,361.5+0.254%$411.9M$2.15B100xas long as short
edgeX XAUUSDC+0.0023%4h4,356.2+0.132%$30.3M$60.3M50xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0040%1h4,362.9+0.287%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,361.2+0.248%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,395.8+1.043%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,361.6+0.256%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,358.4+0.183%$293.9M$52.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,356.6+0.143%$14.7M$57.2M25xas long as short
Phoenix GOLD+0.0055%1h4,358.5+0.186%$48K$64K25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,358.5+0.186%$33K25xas long as short
Bitget XAUUSDT+0.0056%4h4,361.1+0.245%$69.5M$113.3M100xas long as short
Lighter XAU+0.0072%1h4,360.8+0.239%$20.6M$44.1M25xas long as short
Paradex XAU-USD-PERP+0.0081%8h4,361.4+0.253%$19K$5K5xas long as short
BloFin XAU-USDT+0.0082%4h4,363.5+0.300%$15.5M$4.5M100xas long as short
Aevo XAU-PERP+0.0088%1h4,361.1+0.245%$162K$8710xas long as short
Lighter RH XAU+0.0096%1h4,363.2+0.293%$20.2M$41.0M25xas long as short
Extended XAU-USDshort+0.0096%1h4,357.3+0.157%$13.5M$43.8M25x
Coinbase International GOLD-PERP-INTX+0.0096%1h4,357.6+0.165%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,357.9+0.172%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,357.8+0.169%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,354.6+0.096%$26K$22K20xas long as short
Bybit XAUUSDT+0.0113%4h4,361.5+0.254%$83.0M$143.8M150xas long as short
Polymarket Perps GOLD-USD+0.0126%1h4,360.8+0.239%$4.3M$1.8M20xas long as short
GRVT XAU_USDT_Perp+0.0154%4h4,362+0.265%$1.4M$3.1M25xas long as short
OKX XAU-USDT-SWAP+0.0198%8h4,362+0.266%$163.8M$288.8M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0209%1h4,360.4+0.229%$235K$656K25xas long as short
Bullet GOLD-USD+0.0213%1h4,362.3+0.274%$59K$81K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,358.7+0.189%$594K$151K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,361.9+0.264%$252K111xas long as short
Phemex XAUUSDT+0.0469%4h4,364.7+0.327%$2.2M$1.1M100xas long as short
HTX XAU-USDT+0.0593%4h4,365.2+0.340%$2.9M$3.9M75xas long as short