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−$22
spread now+0.041%7d average−0.033%fees + slippage, in and out−$29spread needed0.293%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GOLD4,3460.0050pay 0.0006% / 1h1m 38s$294.2M$60.5M25x
ShortDeribit GOLD_USDC-PERPETUAL4,347.80.0233get 0.0029% / 1h1m 38s$223K$990K25x

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
$4.14
Funding while held
$5.5
Slippage, 4 orders
−$4.33
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$19.69
Spread needed to break even
0.293%
Slippage from tradeXYZ: live order book, 10 min ago; Deribit: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0183%
Per $10,000 a day
+$5.50
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 tradeXYZ live order book, 10 min ago0.12 bp9.1 bp −$910.0 bp −$10011.9 bp −$1,188doesn't fit
Sell Deribit live order book, 4 min ago0.12 bp7.5 bp −$78.9 bp −$89doesn'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−0.073%+0.0100%1h$26K$21K20xas long as short
edgeX XAUUSDC−0.064%+0.0134%4h$30.3M$56.5M50xas long as short
Kalshi KXGOLDPERP−0.051%+0.0048%24h$4.2M$30.1M15xas long as short
Ondo Perps XAU-USD.P−0.044%+0.0050%1h$14.7M$47.2M25xas long as short
gTrade (Gains Network) XAU/USD−0.042%L +0.0002% / S −0.0003%1h$266K250xas long as short
Extended XAU-USD−0.026%+0.0040%1h$13.3M$51.1M25xas long as short
Hotstuff GOLD-PERP−0.021%+0.0032%1h$33K25xas long as short
Kraken Futures PF_XAUUSD−0.015%+0.0252%1h$587K$108K25xas long as short
Pacifica XAU−0.002%+0.0100%1h$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT−0.001%+0.0100%1h$273K$203K50xas long as short
Show all 38 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
tradeXYZ xyz:GOLDlong0.000%+0.0050%1h$294.2M$60.5M25x
Phoenix GOLD+0.009%+0.0101%1h$43K$65K25xas long as short
RISEx XAU/USDC+0.018%0.0000%1h$3.6M$12.4M25xas long as short
Coinbase International GOLD-PERP-INTX+0.021%+0.0056%1h$1.9M$5.1M25xas long as short
GMX GOLD/USD [ETH-USDC]+0.027%L +0.0379% / S −0.0198%1h$221K111xas long as short
Bullet GOLD-USD+0.027%+0.0099%1h$58K$78K10xas long as short
Polymarket Perps GOLD-USD+0.030%+0.0164%1h$4.3M$2.2M20xas long as short
QFEX GOLD-USD+0.032%+0.0044%1h$5.4M$2.1M20xas long as short
Deribit GOLD_USDC-PERPETUALshort+0.041%+0.0233%1h$223K$990K25x
MEXC XAU_USDT+0.042%+0.0124%4h$383.2M$364.9M1000xas long as short
Aevo XAU-PERP+0.044%+0.0112%1h$161K$8710xas long as short
Binance XAUUSDT+0.050%+0.0126%4h$417.3M$2.03B100xas long as short
BloFin XAU-USDT+0.053%+0.0365%4h$14.9M$4.1M100xas long as short
Lighter XAU+0.053%+0.0072%1h$20.8M$45.3M25xas long as short
Variational Omni XAU+0.054%+0.0109%4h$47.9M$36.8Mas long as short
Bitget XAUUSDT+0.054%+0.0236%4h$69.4M$106.8M100xas long as short
OKX XAU-USDT-SWAP+0.064%+0.0243%8h$155.8M$262.1M100xas long as short
Bybit XAUUSDT+0.065%+0.0050%4h$83.2M$136.1M150xas long as short
Paradex XAU-USD-PERP+0.068%+0.0067%8h$19K$6K5xas long as short
Gate XAU_USDT+0.072%+0.0036%4h$273.7M$399.4M100xas long as short
Aster XAUUSD1+0.077%+0.0109%4h$69.8M$239.3M20xas long as short
StandX XAU-USD+0.078%+0.0040%1h$3.8M$3.3M40xas long as short
Injective XAU/USDC PERP+0.102%+0.0033%1h$619$5452xas long as short
HTX XAU-USDT+0.114%+0.0268%4h$2.8M$3.2M75xas long as short
SunX XAU-USDT+0.115%0.0000%4h$92K$11.0M20xas long as short
Lighter RH XAU+0.115%+0.0120%1h$20.1M$42.8M25xas long as short
Phemex XAUUSDT+0.120%+0.0273%4h$2.2M$1.0M100xas long as short
Vest GC-PERP+0.840%+0.0046%1h$974K25xas long as short