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−0.0005%/8h= −0.6% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Bullet against Polymarket Perps+0.005%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps GOLD-USD4,325.10.0220pay 0.0028% / 1h57m 05s$4.3M$1.7M20x
ShortBullet GOLD-USD4,325.30.0215get 0.0027% / 1h57m 05s$59K$77K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Polymarket Perps. 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
−$1.13
Price spread: +0.005% → 0.000%
$0.52
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$16.61
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 5 min ago; Bullet: 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 Polymarket Perps live order book, 5 min ago1.04 bp5.0 bp −$55.0 bp −$505.9 bp −$589doesn't fit
Sell Bullet no order-book sample
Bullet: 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
Hotstuff GOLD-PERP−0.0096%1h4,321.9−0.074%$35K$3K25xas long as short
Coinbase International GOLD-PERP-INTX−0.0032%1h4,322.2−0.067%$2.1M$5.0M25xas long as short
SunX XAU-USDT0.0000%4h4,329.5+0.101%$92K$5.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,320.9−0.098%$307K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.585%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,326.5+0.032%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,323.7−0.032%$6.7M$3.3M20xas long as short
Aster XAUUSD1+0.0042%4h4,326.9+0.043%$71.5M$276.6M20xas long as short
Vest GC-PERP+0.0046%1h4,358.1+0.763%$1.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,320.7−0.101%$15.2M$59.3M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,323.6−0.034%$2K$13K5xas long as short
RISEx XAU/USDC+0.0062%1h4,324.5−0.013%$4.6M$13.3M25xas long as short
Variational Omni XAU+0.0066%4h4,327.9+0.064%$47.2M$27.9Mas long as short
Gate XAU_USDT+0.0068%4h4,327.1+0.045%$299.2M$431.1M100xas long as short
Lighter XAU+0.0080%1h4,324.4−0.016%$20.1M$29.9M25xas long as short
MEXC XAU_USDT+0.0080%4h4,325.6+0.012%$362.8M$347.8M1000xas long as short
Binance XAUUSDT+0.0081%4h4,326+0.021%$441.0M$2.42B100xas long as short
tradeXYZ xyz:GOLD+0.0084%1h4,322.2−0.067%$292.0M$51.9M25xas long as short
edgeX XAUUSDC+0.0089%4h4,323.4−0.040%$30.2M$66.2M50xas long as short
GRVT XAU_USDT_Perp+0.0090%4h4,329.2+0.096%$1.4M$3.1M25xas long as short
Pacifica XAU+0.0100%1h4,321.9−0.074%$1.4M$1.4M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,325.8+0.015%$287K$227K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,320.7−0.101%$25K$1K20xas long as short
Aevo XAU-PERP+0.0104%1h4,323.7−0.032%$160K$8710xas long as short
Phoenix GOLD+0.0127%1h4,324.1−0.023%$43K$71K25xas long as short
Lighter RH XAU+0.0144%1h4,327.2+0.047%$19.5M$38.9M25xas long as short
Kalshi KXGOLDPERP+0.0145%24h4,325.3+0.005%$3.5M$51.5M15xas long as short
Bybit XAUUSDT+0.0154%4h4,327+0.044%$83.0M$166.9M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,323.4−0.039%$135K$659K25xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,322−0.073%$582K$166K25xas long as short
Bitget XAUUSDT+0.0198%4h4,325.8+0.017%$73.0M$140.3M100xas long as short
Extended XAU-USD+0.0200%1h4,321.4−0.085%$12.5M$34.1M25xas long as short
Phemex XAUUSDT+0.0212%4h4,328.8+0.085%$2.3M$733K100xas long as short
Bullet GOLD-USDshort+0.0215%1h4,325.3+0.005%$59K$77K10x
Polymarket Perps GOLD-USDlong+0.0220%1h4,325.1long leg$4.3M$1.7M20x
OKX XAU-USDT-SWAP+0.0226%8h4,326.3+0.028%$171.0M$361.7M100xas long as short
BloFin XAU-USDT+0.0321%4h4,325.5+0.009%$16.5M$5.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0258%1h4,325.3+0.005%$253K111xas long as short
HTX XAU-USDT+0.1028%4h4,332.5+0.170%$3.2M$7.1M75xas long as short