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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against SunX+0.637%49s7-day average +0.760% · 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)+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.637%, 7d avg +0.760%
Together, before fees+0.089%+ Points / potential airdropVest: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.123% cheaper against SunX than usual: you would sell low and buy high (spread +0.637% now, against its 7-day average of +0.760%). If the spread goes back, that is −$12 on $10k: about 9.0 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XAU-USDT4,330.50get 0.0000% / 4h33m 35s$92K$7.3M20x
ShortVest GC-PERP4,358.10.0046get 0.0006% / 1h33m 35s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against SunX. 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
$9.59
Price spread: +0.637% → +0.760%
−$12.3
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$12.71
Costs to cover
0.100%
Break-even
16.3 days
Slippage unknown: SunX: live order book, 5 min ago; Vest: 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 SunX live order book, 5 min ago23.52 bp27.5 bp −$2840.4 bp −$404doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 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
Bluefin GOLD-PERP−0.0105%1h4,320.7−0.227%$25K$1K20xas long as short
Hotstuff GOLD-PERP−0.0096%1h4,322.5−0.185%$32K25xas long as short
SunX XAU-USDTlong0.0000%4h4,330.5long leg$92K$7.3M20x
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,322.7−0.179%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.460%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,327.2−0.076%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,324.6−0.136%$5.4M$2.0M20xas long as short
Vest GC-PERPshort+0.0046%1h4,358.1+0.637%$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,322.6−0.182%$291.8M$51.5M25xas long as short
Bybit XAUUSDT+0.0050%4h4,327−0.081%$77.6M$152.8M150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,321.7−0.203%$15.0M$55.6M25xas long as short
Aster XAUUSD1+0.0057%4h4,327−0.080%$72.9M$272.0M20xas long as short
Lighter XAU+0.0064%1h4,324.8−0.131%$20.5M$29.2M25xas long as short
Paradex XAU-USD-PERP+0.0066%8h4,324.8−0.131%$2K$14K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,322−0.196%$2.1M$4.8M25xas long as short
Variational Omni XAU+0.0089%4h4,324.9−0.130%$47.2M$29.3Mas long as short
Kalshi KXGOLDPERP+0.0092%24h4,327.8−0.062%$3.8M$44.6M15xas long as short
Phoenix GOLD+0.0096%1h4,323.3−0.166%$47K$79K25xas long as short
MEXC XAU_USDT+0.0098%4h4,326−0.103%$363.4M$327.4M1000xas long as short
Pacifica XAU+0.0100%1h4,322.1−0.194%$1.4M$1.2M10xas long as short
GRVT XAU_USDT_Perp+0.0100%4h4,326.8−0.086%$1.4M$3.0M25xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,322.7−0.180%$272K$208K50xas long as short
Binance XAUUSDT+0.0101%4h4,325.8−0.109%$425.2M$2.13B100xas long as short
Aevo XAU-PERP+0.0104%1h4,325.8−0.109%$160K$8710xas long as short
Gate XAU_USDT+0.0106%4h4,327.9−0.061%$285.2M$416.1M100xas long as short
edgeX XAUUSDC+0.0117%4h4,323.1−0.171%$30.1M$59.6M50xas long as short
Lighter RH XAU+0.0120%1h4,327.7−0.065%$20.0M$39.1M25xas long as short
Extended XAU-USD+0.0128%1h4,321.8−0.200%$13.2M$36.8M25xas long as short
Bitget XAUUSDT+0.0194%4h4,325.9−0.107%$70.1M$118.6M100xas long as short
Bullet GOLD-USD+0.0205%1h4,326.5−0.093%$58K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0213%1h4,325.2−0.122%$163K$871K25xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,326−0.104%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,324.1−0.148%$578K$135K25xas long as short
OKX XAU-USDT-SWAP+0.0276%8h4,326.8−0.085%$173.9M$299.1M100xas long as short
BloFin XAU-USDT+0.0339%4h4,325.8−0.109%$16.4M$4.6M100xas long as short
Phemex XAUUSDT+0.0361%4h4,328.9−0.036%$2.2M$975K100xas long as short
HTX XAU-USDT+0.0415%4h4,331.9+0.031%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,326.1−0.101%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,325.7−0.112%$4.6M$13.3M25xas long as short