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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: Hotstuff against tradeXYZ0.000%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GOLD4,344.40.0050pay 0.0006% / 1h32m 55s$293.7M$48.7M25x
ShortHotstuff GOLD-PERP4,344.40.0144get 0.0018% / 1h32m 55s$33K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against tradeXYZ. 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
$19.74
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$3.26
Costs to cover
0.230%
Break-even
8.2 days
Slippage unknown: tradeXYZ: live order book, 7 min ago; Hotstuff: 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 tradeXYZ live order book, 7 min ago0.12 bp9.1 bp −$99.5 bp −$9511.1 bp −$1,110doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
RISEx XAU/USDC0.0000%1h4,347.6+0.073%$3.4M$12.3M25xas long as short
SunX XAU-USDT0.0000%4h4,352+0.175%$92K$9.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.8−0.015%$271K250xas long as short
Gate XAU_USDT+0.0006%4h4,348.6+0.096%$267.7M$412.2M100xas long as short
Lighter XAU+0.0032%1h4,346.1+0.040%$20.8M$37.8M25xas long as short
Extended XAU-USD+0.0032%1h4,343.6−0.018%$13.3M$38.6M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.139%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,348.4+0.091%$20.1M$39.2M25xas long as short
StandX XAU-USD+0.0040%1h4,347.3+0.067%$3.8M$4.6M40xas long as short
QFEX GOLD-USD+0.0041%1h4,347.4+0.069%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP+0.0045%24h4,345.8+0.032%$4.2M$37.2M15xas long as short
Vest GC-PERP+0.0046%1h4,380.8+0.838%$1.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,345.1+0.016%$2.0M$4.8M25xas long as short
tradeXYZ xyz:GOLDlong+0.0050%1h4,344.4long leg$293.7M$48.7M25x
Ondo Perps XAU-USD.P+0.0050%1h4,344.40.000%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0064%4h4,347.9+0.081%$71.0M$333.7M20xas long as short
Variational Omni XAU+0.0080%4h4,346.7+0.053%$48.5M$27.8Mas long as short
Paradex XAU-USD-PERP+0.0085%8h4,347.8+0.079%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0086%4h4,346.6+0.052%$1.4M$2.9M25xas long as short
MEXC XAU_USDT+0.0092%4h4,347.6+0.074%$373.2M$317.7M1000xas long as short
Binance XAUUSDT+0.0093%4h4,347.6+0.074%$414.0M$2.09B100xas long as short
Pacifica XAU+0.0100%1h4,343.8−0.014%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,343.5−0.022%$274K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,347+0.060%$161K$8710xas long as short
edgeX XAUUSDC+0.0110%4h4,341.5−0.068%$30.2M$58.3M50xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0118%1h4,345.6+0.028%$243K$789K25xas long as short
Phoenix GOLD+0.0142%1h4,347.3+0.067%$47K$77K25xas long as short
Hotstuff GOLD-PERPshort+0.0144%1h4,344.40.000%$33K25x
Polymarket Perps GOLD-USD+0.0151%1h4,347.2+0.064%$4.3M$1.9M20xas long as short
Bluefin GOLD-PERP+0.0171%1h4,340.5−0.091%$25K$14K20xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,344.5+0.003%$592K$132K25xas long as short
Bullet GOLD-USD+0.0199%1h4,347.8+0.079%$59K$82K10xas long as short
Phemex XAUUSDT+0.0212%4h4,350.2+0.133%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0234%4h4,347.9+0.081%$70.0M$109.2M100xas long as short
Bybit XAUUSDT+0.0240%4h4,349.1+0.109%$85.0M$144.8M150xas long as short
OKX XAU-USDT-SWAP+0.0286%8h4,349.1+0.108%$165.6M$281.8M100xas long as short
BloFin XAU-USDT+0.0340%4h4,347.7+0.076%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0413% / S −0.0231%1h4,347.8+0.079%$248K111xas long as short
HTX XAU-USDT+0.0624%4h4,352+0.175%$2.9M$4.3M75xas long as short