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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0037%/8h= −4.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.014%
Price spread now: gTrade (Gains Network) against StandX−0.086%114s7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2812.809% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.086%, 7d avg −0.124%
Together, before fees−0.013%+ Points / potential airdropStandX: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.038% dearer against StandX than usual: you sell high and buy low (spread −0.086% now, against its 7-day average of −0.124%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,335.50.0040pay 0.0005% / 1h43m 01s$3.8M$4.5M40x
ShortgTrade (Gains Network) XAU/USD4,331.8L +0.0002% / S −0.0003%get 0.0000% / 1h43m 01s$304K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against StandX. 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
−$7.86
Price spread: −0.086% → −0.124%
$3.83
Slippage, 4 orders
−$265.89
Fee StandX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$284.92
Costs to cover
2.809%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle exchange), 4 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 StandX live order book, 4 min ago2.08 bp6.3 bp −$66.8 bp −$689.8 bp −$97711.7 bp −$5,841
Sell gTrade (Gains Network) virtual book (oracle exchange), 4 min ago130.00 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn't fit

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−3.2000%1h4,318.3−0.397%$32K25xas long as short
Bluefin GOLD-PERP−0.0008%1h4,328.2−0.167%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,339.1+0.084%$92K$5.9M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,330.6−0.113%$2.1M$5.1M25xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,331.8−0.086%$304K250x
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.344%$619$5452xas long as short
StandX XAU-USDlong+0.0040%1h4,335.5long leg$3.8M$4.5M40x
QFEX GOLD-USD+0.0041%1h4,333.9−0.037%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,368.3+0.757%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,331.5−0.092%$292.4M$51.6M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit GOLD_USDC-PERPETUAL+0.0050%1h4,333.5−0.046%$135K$707K25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,330.2−0.122%$15.1M$59.5M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,334.5−0.023%$2K$13K5xas long as short
Aster XAUUSD1+0.0054%4h4,336.2+0.015%$72.3M$276.0M20xas long as short
Variational Omni XAU+0.0074%4h4,333.5−0.045%$47.3M$29.2Mas long as short
Gate XAU_USDT+0.0076%4h4,336.4+0.020%$298.2M$445.1M100xas long as short
Polymarket Perps GOLD-USD+0.0077%1h4,334.6−0.021%$4.3M$1.7M20xas long as short
Lighter XAU+0.0080%1h4,334.4−0.025%$20.2M$30.4M25xas long as short
Lighter RH XAU+0.0088%1h4,336.6+0.026%$19.7M$40.0M25xas long as short
Binance XAUUSDT+0.0092%4h4,334.7−0.020%$441.7M$2.43B100xas long as short
MEXC XAU_USDT+0.0094%4h4,334.7−0.019%$367.1M$353.3M1000xas long as short
GRVT XAU_USDT_Perp+0.0094%4h4,336.8+0.030%$1.4M$3.1M25xas long as short
Pacifica XAU+0.0100%1h4,331.2−0.100%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,334−0.035%$284K$223K50xas long as short
Aevo XAU-PERP+0.0104%1h4,333.6−0.044%$160K$8710xas long as short
edgeX XAUUSDC+0.0108%4h4,330.5−0.116%$30.3M$67.7M50xas long as short
Extended XAU-USD+0.0120%1h4,331.1−0.101%$12.5M$34.6M25xas long as short
Bybit XAUUSDT+0.0122%4h4,336.2+0.017%$82.8M$172.1M150xas long as short
Phoenix GOLD+0.0127%1h4,333.2−0.053%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0137%24h4,335.8+0.007%$3.5M$51.1M15xas long as short
Bullet GOLD-USD+0.0163%1h4,334.6−0.020%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,334.8−0.016%$4.7M$13.2M25xas long as short
Bitget XAUUSDT+0.0210%4h4,335−0.013%$72.8M$139.5M100xas long as short
Phemex XAUUSDT+0.0227%4h4,337.8+0.052%$2.3M$772K100xas long as short
OKX XAU-USDT-SWAP+0.0237%8h4,336+0.012%$170.8M$361.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,331.5−0.093%$583K$169K25xas long as short
BloFin XAU-USDT+0.0334%4h4,334.6−0.021%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,334.6−0.020%$253K111xas long as short
HTX XAU-USDT+0.1073%4h4,341.1+0.130%$3.2M$7.1M75xas long as short