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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.021%
Price spread now: Polymarket Perps against StandX−0.057%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$240.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days−0.021%−$2 · spread now −0.057%, 7d avg −0.094%
Together, before fees−0.002%+ Points / potential airdropStandX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.036% dearer against StandX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,349.30.0040pay 0.0005% / 1h48m 04s$3.8M$4.6M40x
ShortPolymarket Perps GOLD-USD4,346.80.0114get 0.0014% / 1h48m 04s$4.3M$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$15.46
Price spread: −0.057% → −0.094%
$3.65
Slippage, 4 orders
−$7.55
Fee StandX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$4.44
Costs to cover
0.235%
Break-even
9.0 days
Slippage from StandX: live order book, 1 min ago; Polymarket Perps: live order book, 6 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, 1 min ago2.76 bp7.0 bp −$77.4 bp −$7410.7 bp −$1,07412.3 bp −$6,165
Sell Polymarket Perps live order book, 6 min ago0.12 bp4.3 bp −$44.4 bp −$445.1 bp −$515doesn't fit

XAU on 38 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−0.0040%1h4,344.6−0.108%$33K25xas long as short
Bluefin GOLD-PERP−0.0021%1h4,342.1−0.166%$25K$14K20xas long as short
Gate XAU_USDT0.0000%4h4,350.2+0.020%$264.4M$406.7M100xas long as short
SunX XAU-USDT0.0000%4h4,352.5+0.073%$92K$9.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.9−0.123%$266K250xas long as short
RISEx XAU/USDC+0.0010%1h4,347.1−0.050%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,343.8−0.126%$13.6M$40.1M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.026%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0037%24h4,344.6−0.108%$4.2M$36.4M15xas long as short
StandX XAU-USDlong+0.0040%1h4,349.3long leg$3.8M$4.6M40x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,380.5+0.717%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,347.1−0.051%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,343.1−0.143%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,345.6−0.085%$293.4M$48.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,343.7−0.129%$15.1M$57.7M25xas long as short
Aster XAUUSD1+0.0053%4h4,349.3−0.001%$70.0M$331.3M20xas long as short
Lighter XAU+0.0056%1h4,346.9−0.056%$20.6M$41.9M25xas long as short
Lighter RH XAU+0.0080%1h4,349.9+0.013%$20.1M$39.3M25xas long as short
Paradex XAU-USD-PERP+0.0085%8h4,347−0.053%$19K$5K5xas long as short
Pacifica XAU+0.0100%1h4,343.8−0.126%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,350.6+0.031%$275K$203K50xas long as short
Variational Omni XAU+0.0102%4h4,347.9−0.033%$48.3M$27.9Mas long as short
Binance XAUUSDT+0.0104%4h4,348.1−0.027%$411.3M$2.10B100xas long as short
MEXC XAU_USDT+0.0108%4h4,348.2−0.025%$371.3M$316.5M1000xas long as short
Aevo XAU-PERP+0.0112%1h4,347−0.052%$161K$8710xas long as short
Polymarket Perps GOLD-USDshort+0.0114%1h4,346.8−0.057%$4.3M$1.9M20x
GRVT XAU_USDT_Perp+0.0118%4h4,349.4+0.003%$1.4M$3.0M25xas long as short
edgeX XAUUSDC+0.0136%4h4,348.4−0.020%$30.3M$58.7M50xas long as short
Phoenix GOLD+0.0136%1h4,347.8−0.034%$47K$77K25xas long as short
Bybit XAUUSDT+0.0202%4h4,349.30.000%$84.4M$145.2M150xas long as short
Bullet GOLD-USD+0.0204%1h4,348.1−0.027%$58K$83K10xas long as short
Bitget XAUUSDT+0.0210%4h4,348.6−0.017%$69.6M$109.3M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0210%1h4,346.2−0.071%$259K$703K25xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,349.7+0.009%$164.5M$282.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0270%1h4,345−0.098%$593K$133K25xas long as short
Phemex XAUUSDT+0.0358%4h4,351.9+0.059%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0399% / S −0.0208%1h4,348.2−0.025%$251K111xas long as short
HTX XAU-USDT+0.0587%4h4,352+0.063%$2.8M$4.2M75xas long as short