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−0.0005%/8h= −0.6% APRnext payment $0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against MEXC+0.014%7-day average −0.003% · 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)−0.004%$0 on $10k
Price spread, last 7 days−0.025%−$3 · spread now +0.014%, 7d avg −0.003%
Together, before fees−0.029%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XAU_USDT4,322.30.0098pay 0.0049% / 4h1h 39m$362.2M$328.7M1000x
ShortVariational Omni XAU4,322.90.0093get 0.0046% / 4h1h 39m$47.4M$29.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$1.11
Price spread: +0.014% → −0.003%
$1.7
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$3.4
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 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 MEXC live order book, 4 min ago0.04 bp2.0 bp −$22.0 bp −$202.5 bp −$24823.9 bp −$12.0K
Sell Variational Omni RFQ quote, 4 min ago1.54 bpdoesn't fit1.5 bp −$153.3 bp −$327doesn'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−0.0109%1h4,317.3−0.115%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,326.5+0.098%$92K$7.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,319.2−0.072%$270K250xas long as short
Bybit XAUUSDT+0.0007%4h4,322.6+0.007%$77.3M$155.8M150xas long as short
Hotstuff GOLD-PERP+0.0008%1h4,319.8−0.057%$32K25xas long as short
Extended XAU-USD+0.0032%1h4,318.7−0.083%$13.2M$36.7M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.651%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,325.2+0.068%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,322−0.006%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,355.5+0.769%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,319.3−0.069%$291.5M$51.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,318.6−0.084%$15.0M$55.6M25xas long as short
Lighter XAU+0.0056%1h4,321.9−0.008%$20.3M$30.4M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,319.3−0.069%$2.1M$4.9M25xas long as short
Kalshi KXGOLDPERP+0.0072%24h4,324.5+0.051%$3.8M$43.4M15xas long as short
Aster XAUUSD1+0.0073%4h4,323.9+0.038%$72.4M$298.7M20xas long as short
Paradex XAU-USD-PERP+0.0073%8h4,323.3+0.024%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0082%4h4,323.4+0.027%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0090%4h4,323.9+0.038%$281.8M$413.7M100xas long as short
Variational Omni XAUshort+0.0093%4h4,322.9+0.014%$47.4M$29.0M
Lighter RH XAU+0.0096%1h4,324.5+0.051%$19.8M$38.5M25xas long as short
MEXC XAU_USDTlong+0.0098%4h4,322.3long leg$362.2M$328.7M1000x
Binance XAUUSDT+0.0099%4h4,321.9−0.008%$415.5M$2.14B100xas long as short
Phoenix GOLD+0.0100%1h4,321−0.030%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,319.7−0.060%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,320.4−0.045%$272K$208K50xas long as short
Aevo XAU-PERP+0.0104%1h4,322.1−0.004%$160K$8710xas long as short
edgeX XAUUSDC+0.0110%4h4,318.5−0.088%$30.0M$61.4M50xas long as short
Kraken Futures PF_XAUUSD+0.0153%1h4,320.2−0.048%$584K$134K25xas long as short
Bullet GOLD-USD+0.0179%1h4,322.8+0.013%$59K$82K10xas long as short
RISEx XAU/USDC+0.0184%1h4,325.3+0.070%$4.2M$12.8M25xas long as short
Polymarket Perps GOLD-USD+0.0207%1h4,322.8+0.012%$4.3M$1.9M20xas long as short
HTX XAU-USDT+0.0221%4h4,326.6+0.100%$2.8M$4.9M75xas long as short
Bitget XAUUSDT+0.0230%4h4,321.6−0.016%$67.9M$119.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0306%1h4,321.9−0.009%$192K$832K25xas long as short
OKX XAU-USDT-SWAP+0.0311%8h4,323+0.017%$170.6M$297.5M100xas long as short
BloFin XAU-USDT+0.0339%4h4,323.3+0.024%$16.1M$4.6M100xas long as short
Phemex XAUUSDT+0.0372%4h4,325.8+0.082%$2.2M$967K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0463% / S −0.0307%1h4,322.8+0.013%$252K111xas long as short