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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Aevo against MEXC−0.027%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.027%, 7d avg −0.011%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAU_USDT4,348.20.0108pay 0.0054% / 4h1h 47m$371.3M$316.5M1000x
ShortAevo XAU-PERP4,3470.0112get 0.0014% / 1h47m 47s$161K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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
$0.84
Price spread: −0.027% → −0.011%
−$1.65
Slippage, 4 orders
−$15.52
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$36.33
Costs to cover
0.355%
Break-even
309.7 days
Slippage from MEXC: live order book, 1 min ago; Aevo: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago0.01 bp2.0 bp −$22.0 bp −$206.5 bp −$65127.5 bp −$13.7K
Sell Aevo live order book, 16 min ago5.99 bp15.6 bp −$1626.1 bp −$261doesn't fitdoesn't fit

XAU on 38 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
Hotstuff GOLD-PERP−0.0040%1h4,344.6−0.083%$33K25xas long as short
Bluefin GOLD-PERP−0.0021%1h4,342.1−0.141%$25K$14K20xas long as short
Gate XAU_USDT0.0000%4h4,349.8+0.037%$264.4M$406.9M100xas long as short
SunX XAU-USDT0.0000%4h4,352.5+0.098%$92K$9.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.9−0.098%$266K250xas long as short
RISEx XAU/USDC+0.0010%1h4,347.1−0.025%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,343.8−0.101%$13.6M$40.1M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.051%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0037%24h4,344.6−0.083%$4.2M$36.4M15xas long as short
StandX XAU-USD+0.0040%1h4,349.3+0.025%$3.8M$4.6M40xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,380.5+0.743%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,347.1−0.026%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,343.1−0.118%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,344.8−0.078%$293.3M$48.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,343.7−0.104%$15.1M$57.7M25xas long as short
Aster XAUUSD1+0.0053%4h4,349+0.019%$70.0M$331.3M20xas long as short
Lighter XAU+0.0056%1h4,346.9−0.031%$20.6M$41.9M25xas long as short
Lighter RH XAU+0.0080%1h4,349.9+0.038%$20.1M$39.3M25xas long as short
Paradex XAU-USD-PERP+0.0085%8h4,347−0.027%$19K$5K5xas long as short
Pacifica XAU+0.0100%1h4,343.8−0.101%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,350.6+0.056%$275K$203K50xas long as short
Variational Omni XAU+0.0102%4h4,347.9−0.008%$48.3M$27.9Mas long as short
Binance XAUUSDT+0.0104%4h4,347.9−0.007%$411.2M$2.10B100xas long as short
MEXC XAU_USDTlong+0.0108%4h4,348.2long leg$371.3M$316.5M1000x
Aevo XAU-PERPshort+0.0112%1h4,347−0.027%$161K$8710x
Polymarket Perps GOLD-USD+0.0114%1h4,346.8−0.032%$4.3M$1.9M20xas long as short
GRVT XAU_USDT_Perp+0.0118%4h4,349.4+0.028%$1.4M$3.0M25xas long as short
edgeX XAUUSDC+0.0136%4h4,348.4+0.005%$30.3M$58.7M50xas long as short
Phoenix GOLD+0.0136%1h4,347.8−0.009%$47K$77K25xas long as short
Bybit XAUUSDT+0.0202%4h4,349+0.018%$84.4M$145.2M150xas long as short
Bullet GOLD-USD+0.0204%1h4,348.1−0.002%$58K$83K10xas long as short
Bitget XAUUSDT+0.0210%4h4,348−0.004%$69.6M$109.3M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0210%1h4,346.2−0.046%$259K$703K25xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,349.2+0.023%$164.5M$282.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0270%1h4,345−0.073%$593K$133K25xas long as short
Phemex XAUUSDT+0.0358%4h4,351.9+0.084%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0399% / S −0.0208%1h4,348.20.000%$251K111xas long as short
HTX XAU-USDT+0.0587%4h4,352+0.088%$2.8M$4.2M75xas long as short