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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: StandX against Injective−0.550%50s7-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 airdropStandX: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.550% cheaper against Injective than usual: you would sell low and buy high, −$55 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h57m 57s$619$5452x
ShortStandX XAU-USD4,326.50.0040get 0.0005% / 1h57m 57s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$1.4
Price spread: −0.550% → 0.000%
−$54.98
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee StandX: 4 bp × 2 orders
−$8
Net
−$61.6
Costs to cover
0.080%
Break-even
315.0 days
Slippage unknown: Injective: no order-book sample; StandX: 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 StandX live order book, 4 min ago2.42 bp7.9 bp −$88.3 bp −$8310.5 bp −$1,04811.7 bp −$5,845
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOLD-PERP-INTX−0.0032%1h4,321.5−0.665%$2.1M$5.0M25xas long as short
SunX XAU-USDT0.0000%4h4,329.7−0.476%$92K$5.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,321.6−0.662%$307K250xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
StandX XAU-USDshort+0.0040%1h4,326.5−0.550%$3.8M$4.5M40x
QFEX GOLD-USD+0.0042%1h4,324.6−0.594%$6.7M$3.3M20xas long as short
Aster XAUUSD1+0.0042%4h4,325.5−0.573%$71.5M$276.6M20xas long as short
Vest GC-PERP+0.0046%1h4,358.8+0.193%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,325−0.584%$35K$3K25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,321.8−0.659%$15.2M$59.3M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,324.7−0.592%$2K$13K5xas long as short
RISEx XAU/USDC+0.0062%1h4,326.1−0.560%$4.7M$13.3M25xas long as short
Variational Omni XAU+0.0066%4h4,327.9−0.518%$47.2M$27.9Mas long as short
Gate XAU_USDT+0.0068%4h4,325.8−0.566%$299.2M$430.8M100xas long as short
Lighter XAU+0.0080%1h4,324.4−0.598%$20.1M$29.9M25xas long as short
MEXC XAU_USDT+0.0080%4h4,324.2−0.602%$363.4M$347.6M1000xas long as short
Binance XAUUSDT+0.0081%4h4,324−0.606%$440.8M$2.42B100xas long as short
GRVT XAU_USDT_Perp+0.0090%4h4,329.2−0.487%$1.4M$3.1M25xas long as short
edgeX XAUUSDC+0.0091%4h4,325.9−0.563%$30.2M$66.7M50xas long as short
Pacifica XAU+0.0100%1h4,323.7−0.614%$1.4M$1.4M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,325.8−0.567%$287K$227K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,321.5−0.664%$25K$1K20xas long as short
Aevo XAU-PERP+0.0104%1h4,324.5−0.596%$160K$8710xas long as short
tradeXYZ xyz:GOLD+0.0104%1h4,323−0.630%$292.0M$51.9M25xas long as short
Lighter RH XAU+0.0120%1h4,326.6−0.548%$19.5M$38.8M25xas long as short
Phoenix GOLD+0.0127%1h4,327.4−0.529%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0145%24h4,326.6−0.548%$3.5M$51.5M15xas long as short
Bybit XAUUSDT+0.0154%4h4,325.1−0.582%$83.0M$166.9M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,323.7−0.614%$135K$659K25xas long as short
Extended XAU-USD+0.0192%1h4,320.4−0.691%$12.5M$34.2M25xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,322.9−0.632%$582K$166K25xas long as short
Bitget XAUUSDT+0.0198%4h4,324.8−0.589%$73.0M$140.4M100xas long as short
Phemex XAUUSDT+0.0201%4h4,328.4−0.507%$2.3M$733K100xas long as short
Polymarket Perps GOLD-USD+0.0223%1h4,325.6−0.571%$4.3M$1.7M20xas long as short
Bullet GOLD-USD+0.0225%1h4,325.9−0.564%$59K$77K10xas long as short
OKX XAU-USDT-SWAP+0.0226%8h4,324.9−0.587%$170.9M$361.4M100xas long as short
BloFin XAU-USDT+0.0322%4h4,327.3−0.533%$16.5M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0258%1h4,326−0.562%$253K111xas long as short
HTX XAU-USDT+0.1028%4h4,332.5−0.413%$3.2M$7.1M75xas long as short