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−0.0213%/8h= −23.4% APRnext payment $0.27 per $10,000 · paid last 24h −0.068%
Price spread now: Vest against Kraken Futures+0.803%7-day average +0.927% · 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 3 days (all we have)−0.130%−$13 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.803%, 7d avg +0.927%
Together, before fees−0.124%+ Points / potential airdropVest: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.124% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.927%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XAUUSD4,340.30.0259pay 0.0032% / 1h36m 50s$592K$132K25x
ShortVest GC-PERP4,375.10.0046get 0.0006% / 1h36m 50s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Kraken Futures. 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
−$44.81
Price spread: +0.803% → +0.927%
−$12.39
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$69.2
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 16 min ago; 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 Kraken Futures live order book, 16 min ago2.36 bp8.4 bp −$812.2 bp −$122doesn't fitdoesn't fit
Sell Vest no order-book sample
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%4h4,347.7+0.171%$92K$8.7M20xas long as short
Bluefin GOLD-PERP+0.0002%1h4,335.5−0.110%$25K$14K20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,339.5−0.016%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,341.2+0.021%$3.5M$12.1M25xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,338.7−0.036%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,339.2−0.024%$13.3M$37.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.234%$619$5452xas long as short
Gate XAU_USDT+0.0038%4h4,344.8+0.105%$268.0M$414.6M100xas long as short
Lighter RH XAU+0.0040%1h4,344.3+0.092%$20.1M$39.3M25xas long as short
StandX XAU-USD+0.0040%1h4,341.9+0.038%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0041%4h4,343.4+0.073%$80.2M$152.2M150xas long as short
QFEX GOLD-USD+0.0042%1h4,340.3+0.001%$5.5M$2.1M20xas long as short
Vest GC-PERPshort+0.0046%1h4,375.1+0.803%$1.0M25x
Lighter XAU+0.0048%1h4,342.1+0.042%$20.8M$34.5M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,339.8−0.010%$293.6M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,338.7−0.037%$15.1M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,339−0.029%$4.3M$37.4M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.5−0.017%$2.1M$4.8M25xas long as short
Aster XAUUSD1+0.0081%4h4,344.5+0.098%$71.5M$332.3M20xas long as short
Paradex XAU-USD-PERP+0.0085%8h4,341.7+0.033%$19K$5K5xas long as short
Variational Omni XAU+0.0087%4h4,340.5+0.005%$48.3M$27.7Mas long as short
Pacifica XAU+0.0100%1h4,338.1−0.050%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,337.5−0.063%$274K$203K50xas long as short
MEXC XAU_USDT+0.0104%4h4,343.3+0.071%$370.4M$319.4M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,342+0.041%$161K$8710xas long as short
Binance XAUUSDT+0.0107%4h4,343.1+0.064%$417.6M$2.09B100xas long as short
edgeX XAUUSDC+0.0112%4h4,336.6−0.083%$30.2M$58.3M50xas long as short
Phoenix GOLD+0.0136%1h4,339.5−0.017%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0178%4h4,341.1+0.020%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0214%1h4,343.1+0.066%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0216%1h4,342.6+0.054%$4.3M$1.9M20xas long as short
Bitget XAUUSDT+0.0250%4h4,343.2+0.068%$71.1M$109.3M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0257%1h4,341.7+0.033%$205K$828K25xas long as short
Kraken Futures PF_XAUUSDlong+0.0259%1h4,340.3long leg$592K$132K25x
Phemex XAUUSDT+0.0294%4h4,345.1+0.111%$2.2M$967K100xas long as short
OKX XAU-USDT-SWAP+0.0319%8h4,344.4+0.095%$166.8M$281.9M100xas long as short
BloFin XAU-USDT+0.0379%4h4,343+0.062%$15.7M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,343.7+0.079%$250K111xas long as short
HTX XAU-USDT+0.0618%4h4,346.4+0.141%$2.8M$4.6M75xas long as short