data as of
Settings8H · net · $10k
Price arb /

XAU

RWAall XAU markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$71
spread now+0.120%7d average+0.110%fees + slippage, in and out−$72spread needed0.722%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GOLD-USD4,345.10.0044pay 0.0005% / 1h9m 29s$5.4M$2.1M20x
ShortSunX XAU-USDT4,350.30get 0.0000% / 4h2h 09m$92K$11.1M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$11.97
Funding while held
−$1.31
Slippage, 4 orders
−$52.16
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 5 bp × 2 orders
−$10
Net
−$61.5
Spread needed to break even
0.722%
Slippage from QFEX: live order book, 6 min ago; SunX: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
−0.0044%
Per $10,000 a day
$1.31
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago1.50 bp6.5 bp −$66.5 bp −$659.8 bp −$979doesn't fit
Sell SunX live order book, 6 min ago23.60 bp30.6 bp −$3148.1 bp −$481doesn't fitdoesn't fit

XAU price on every exchange

against the cheapest. Click to use as the short leg.

XAU on 38 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bluefin GOLD-PERP−0.108%+0.0100%1h$26K$21K20xas long as short
Ondo Perps XAU-USD.P−0.079%+0.0050%1h$14.7M$47.4M25xas long as short
edgeX XAUUSDC−0.075%+0.0136%4h$30.2M$56.4M50xas long as short
Kalshi KXGOLDPERP−0.053%+0.0050%24h$4.2M$30.2M15xas long as short
gTrade (Gains Network) XAU/USD−0.051%L +0.0002% / S −0.0003%1h$266K250xas long as short
Extended XAU-USD−0.047%+0.0056%1h$13.3M$51.2M25xas long as short
Hotstuff GOLD-PERP−0.041%+0.0024%1h$33K25xas long as short
Coinbase International GOLD-PERP-INTX−0.039%+0.0056%1h$1.9M$5.1M25xas long as short
Phoenix GOLD−0.037%+0.0101%1h$43K$65K25xas long as short
ApeX Omni XAUUSDT−0.035%+0.0100%1h$273K$203K50xas long as short
Show all 38 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
tradeXYZ xyz:GOLD−0.035%+0.0050%1h$294.3M$60.2M25xas long as short
Pacifica XAU−0.035%+0.0100%1h$1.4M$1.3M10xas long as short
Kraken Futures PF_XAUUSD−0.024%+0.0252%1h$587K$108K25xas long as short
RISEx XAU/USDC−0.006%0.0000%1h$3.7M$12.4M25xas long as short
QFEX GOLD-USDlong0.000%+0.0044%1h$5.4M$2.1M20x
BloFin XAU-USDT0.000%+0.0377%4h$14.9M$4.1M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.007%+0.0210%1h$223K$992K25xas long as short
Variational Omni XAU+0.008%+0.0109%4h$47.8M$38.1Mas long as short
Bitget XAUUSDT+0.013%+0.0232%4h$69.3M$107.1M100xas long as short
Binance XAUUSDT+0.017%+0.0124%4h$417.6M$2.04B100xas long as short
MEXC XAU_USDT+0.019%+0.0124%4h$379.9M$363.7M1000xas long as short
GMX GOLD/USD [ETH-USDC]+0.020%L +0.0378% / S −0.0197%1h$221K111xas long as short
Lighter XAU+0.024%+0.0072%1h$20.8M$45.0M25xas long as short
Bullet GOLD-USD+0.027%+0.0102%1h$58K$78K10xas long as short
Aevo XAU-PERP+0.029%+0.0112%1h$161K$8710xas long as short
OKX XAU-USDT-SWAP+0.030%+0.0240%8h$156.4M$261.8M100xas long as short
Bybit XAUUSDT+0.031%+0.0056%4h$83.1M$136.2M150xas long as short
StandX XAU-USD+0.035%+0.0040%1h$3.8M$3.1M40xas long as short
Polymarket Perps GOLD-USD+0.037%+0.0155%1h$4.3M$2.2M20xas long as short
Paradex XAU-USD-PERP+0.038%+0.0066%8h$19K$6K5xas long as short
Gate XAU_USDT+0.049%+0.0038%4h$273.1M$398.1M100xas long as short
Aster XAUUSD1+0.051%+0.0106%4h$69.8M$239.5M20xas long as short
HTX XAU-USDT+0.067%+0.0261%4h$2.4M$2.3M75xas long as short
Phemex XAUUSDT+0.076%+0.0259%4h$2.2M$1.0M100xas long as short
Lighter RH XAU+0.078%+0.0120%1h$20.1M$42.5M25xas long as short
SunX XAU-USDTshort+0.120%0.0000%4h$92K$11.1M20x
Injective XAU/USDC PERP+0.122%+0.0033%1h$619$5452xas long as short
Vest GC-PERP+0.826%+0.0046%1h$974K25xas long as short