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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.7% APRnext payment $0.12 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against MEXC+0.017%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$120.121% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 7 days−0.015%−$1 · spread now +0.017%, 7d avg +0.004%
Together, before fees−0.040%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAU_USDT4,342.60.0100pay 0.0050% / 4h3h 43m$369.4M$318.7M1000x
ShortAster XAUUSD14,343.30.0076get 0.0038% / 4h3h 43m$71.4M$332.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$5.13
Price spread: +0.017% → +0.004%
$1.29
Slippage, 4 orders
−$0.09
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$15.93
Costs to cover
0.121%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Aster: live order book, 6 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, 6 min ago0.04 bp2.0 bp −$22.0 bp −$202.3 bp −$22519.2 bp −$9,601
Sell Aster live order book, 6 min ago0.01 bp4.0 bp −$44.4 bp −$4427.3 bp −$2,732doesn't fit

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
Bluefin GOLD-PERP−0.0031%1h4,335.8−0.156%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,346.6+0.093%$92K$8.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,338.4−0.096%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,341.4−0.026%$3.5M$12.1M25xas long as short
Gate XAU_USDT+0.0006%4h4,343.9+0.031%$267.7M$412.9M100xas long as short
Lighter RH XAU+0.0032%1h4,343.2+0.015%$20.0M$39.2M25xas long as short
Extended XAU-USD+0.0032%1h4,338.2−0.101%$13.3M$37.9M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,340.3−0.052%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.181%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,343.7+0.026%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0042%1h4,340.5−0.047%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,375.2+0.752%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,340.6−0.045%$20.8M$34.5M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,339.2−0.077%$293.6M$49.3M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,338.7−0.090%$15.1M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,340.4−0.050%$4.3M$37.5M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,340.3−0.052%$2.1M$4.8M25xas long as short
Bybit XAUUSDT+0.0064%4h4,343.5+0.023%$80.2M$151.0M150xas long as short
Aster XAUUSD1short+0.0076%4h4,343.3+0.017%$71.4M$332.4M20x
Paradex XAU-USD-PERP+0.0082%8h4,342.1−0.010%$19K$5K5xas long as short
Variational Omni XAU+0.0087%4h4,342.7+0.004%$48.3M$27.7Mas long as short
Pacifica XAU+0.0100%1h4,338.5−0.093%$1.4M$1.1M10xas long as short
MEXC XAU_USDTlong+0.0100%4h4,342.6long leg$369.4M$318.7M1000x
ApeX Omni XAUUSDT+0.0100%1h4,339.5−0.070%$274K$203K50xas long as short
Binance XAUUSDT+0.0102%4h4,342.6+0.002%$415.0M$2.09B100xas long as short
Aevo XAU-PERP+0.0104%1h4,341.6−0.023%$161K$8710xas long as short
edgeX XAUUSDC+0.0113%4h4,338.3−0.097%$30.2M$58.3M50xas long as short
Phoenix GOLD+0.0136%1h4,338.8−0.087%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0174%4h4,343.4+0.020%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0212%1h4,342.7+0.003%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0217%1h4,342.6+0.001%$4.3M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,340.7−0.043%$205K$827K25xas long as short
Bitget XAUUSDT+0.0244%4h4,342.5−0.002%$71.1M$109.4M100xas long as short
Phemex XAUUSDT+0.0244%4h4,343.9+0.032%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,339.5−0.070%$592K$132K25xas long as short
OKX XAU-USDT-SWAP+0.0318%8h4,343.7+0.026%$166.3M$281.6M100xas long as short
BloFin XAU-USDT+0.0359%4h4,341.7−0.019%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,342.7+0.003%$250K111xas long as short
HTX XAU-USDT+0.0540%4h4,347+0.101%$2.8M$4.6M75xas long as short