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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Aevo against RISEx−0.007%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.395% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.007%, 7d avg −0.027%
Together, before fees+0.138%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XAU/USDC4,306.70.0126pay 0.0016% / 1h34m 22s$4.4M$13.1M25x
ShortAevo XAU-PERP4,306.40.0104get 0.0013% / 1h34m 22s$159K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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
−$4.58
Price spread: −0.007% → −0.027%
$1.99
Slippage, 4 orders
−$17.54
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$42.13
Costs to cover
0.395%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; Aevo: live order book, 64 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 RISEx live order book, 5 min ago0.70 bp3.7 bp −$44.8 bp −$4836.8 bp −$3,680doesn't fit
Sell Aevo live order book, 64 min ago5.13 bp16.9 bp −$1729.4 bp −$294doesn't fitdoesn'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
Hotstuff GOLD-PERP−0.0032%1h4,305.5−0.029%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,311.7+0.116%$92K$6.8M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,303.6−0.074%$278K250xas long as short
GRVT XAU_USDT_Perp+0.0012%4h4,308+0.031%$1.4M$3.0M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.014%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,306.8+0.002%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,338.7+0.742%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,306−0.017%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,304.5−0.052%$291.0M$53.9M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,304.2−0.059%$4.3M$1.8M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,302.7−0.093%$15.0M$55.8M25xas long as short
Aster XAUUSD1+0.0052%4h4,308.4+0.039%$73.4M$271.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,303.9−0.066%$2.0M$5.1M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,306.6−0.004%$2K$13K5xas long as short
Extended XAU-USD+0.0064%1h4,302.9−0.088%$13.1M$36.2M25xas long as short
Lighter XAU+0.0080%1h4,306.6−0.004%$20.3M$28.9M25xas long as short
Variational Omni XAU+0.0089%4h4,305.9−0.019%$46.6M$29.2Mas long as short
Phoenix GOLD+0.0095%1h4,306.1−0.015%$42K$86K25xas long as short
Pacifica XAU+0.0100%1h4,303.3−0.079%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,305.2−0.036%$275K$218K50xas long as short
MEXC XAU_USDT+0.0102%4h4,307.2+0.010%$361.8M$337.5M1000xas long as short
Lighter RH XAU+0.0104%1h4,308.6+0.044%$19.8M$39.9M25xas long as short
Aevo XAU-PERPshort+0.0104%1h4,306.4−0.007%$159K$8710x
Binance XAUUSDT+0.0104%4h4,308+0.029%$434.2M$2.22B100xas long as short
Kalshi KXGOLDPERP+0.0109%24h4,309.8+0.071%$3.7M$46.5M15xas long as short
edgeX XAUUSDC+0.0111%4h4,306.8+0.001%$30.0M$61.5M50xas long as short
Bybit XAUUSDT+0.0119%4h4,310.6+0.089%$77.4M$157.7M150xas long as short
RISEx XAU/USDClong+0.0126%1h4,306.7long leg$4.4M$13.1M25x
Gate XAU_USDT+0.0160%4h4,309.9+0.074%$297.1M$427.0M100xas long as short
Bitget XAUUSDT+0.0190%4h4,307.7+0.023%$70.4M$125.2M100xas long as short
Bullet GOLD-USD+0.0196%1h4,307.5+0.017%$58K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0238%1h4,307.7+0.023%$134K$846K25xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,310.4+0.085%$171.2M$330.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,305.2−0.036%$573K$138K25xas long as short
BloFin XAU-USDT+0.0369%4h4,307.1+0.009%$16.2M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0467% / S −0.0314%1h4,307.9+0.027%$255K111xas long as short
Phemex XAUUSDT+0.0527%4h4,310+0.076%$2.2M$955K100xas long as short
HTX XAU-USDT+0.1118%4h4,315.8+0.211%$3.2M$6.2M75xas long as short
Bluefin GOLD-PERP+0.4125%1h4,306.6−0.003%$25K$1K20xas long as short