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+0.0155%/8h= +17.0% APRnext payment +$0.78 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against Variational Omni−0.030%7-day average +0.011% · you buy dearer than you sell
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 3 days (all we have)+0.036%+$4 on $10k
Price spread, last 7 days+0.044%+$4 · spread now −0.030%, 7d avg +0.011%
Together, before fees+0.080%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.041% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.011%). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.036% in total) that is about 4.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,349.40.0075pay 0.0037% / 4h14m 32s$48.4M$28.0M
ShortBitget XAUUSDT4,348.10.0230get 0.0115% / 4h14m 32s$70.0M$109.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
$32.63
Price spread: −0.030% → +0.011%
−$4.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$16.51
Costs to cover
0.120%
Break-even
3.5 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Bitget: live order book, 5 min ago. 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 Variational Omni RFQ quote, 5 min ago1.54 bpdoesn't fit2.2 bp −$224.7 bp −$467doesn't fit
Sell Bitget live order book, 5 min ago0.01 bp6.1 bp −$67.9 bp −$7911.3 bp −$1,126doesn't fit

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%1h4,347.3−0.049%$3.4M$12.2M25xas long as short
Gate XAU_USDT0.0000%4h4,348.7−0.018%$265.3M$416.6M100xas long as short
SunX XAU-USDT0.0000%4h4,350.8+0.032%$92K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.8−0.153%$272K250xas long as short
Lighter XAU+0.0032%1h4,346.2−0.074%$20.8M$38.2M25xas long as short
Extended XAU-USD+0.0032%1h4,343.3−0.142%$13.2M$38.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.022%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,348.1−0.031%$20.1M$39.3M25xas long as short
StandX XAU-USD+0.0040%1h4,350.7+0.029%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,346.7−0.063%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,380+0.703%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,343.7−0.132%$33K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,346−0.079%$2.0M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0048%24h4,343.9−0.127%$4.2M$37.4M15xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,344.3−0.118%$293.9M$49.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,343.6−0.136%$15.1M$56.9M25xas long as short
Aster XAUUSD1+0.0059%4h4,347.9−0.036%$71.2M$333.2M20xas long as short
Variational Omni XAUlong+0.0075%4h4,349.4long leg$48.4M$28.0M
Paradex XAU-USD-PERP+0.0080%8h4,347.4−0.046%$19K$5K5xas long as short
MEXC XAU_USDT+0.0088%4h4,347−0.055%$371.5M$319.1M1000xas long as short
GRVT XAU_USDT_Perp+0.0088%4h4,350.2+0.017%$1.4M$2.9M25xas long as short
Binance XAUUSDT+0.0089%4h4,347.6−0.043%$413.5M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,343.3−0.141%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,348.6−0.019%$275K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,340.3−0.210%$25K$14K20xas long as short
edgeX XAUUSDC+0.0103%4h4,345.6−0.088%$30.2M$58.2M50xas long as short
Aevo XAU-PERP+0.0104%1h4,345.7−0.087%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,349−0.010%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0159%1h4,347.3−0.049%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0185%1h4,346.5−0.068%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,343.2−0.144%$592K$132K25xas long as short
Bitget XAUUSDTshort+0.0230%4h4,348.1−0.030%$70.0M$109.4M100x
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,344.9−0.104%$206K$824K25xas long as short
Phemex XAUUSDT+0.0234%4h4,349.50.000%$2.2M$967K100xas long as short
Bybit XAUUSDT+0.0240%4h4,348.8−0.014%$85.1M$145.5M150xas long as short
OKX XAU-USDT-SWAP+0.0296%8h4,349.1−0.008%$165.3M$282.2M100xas long as short
BloFin XAU-USDT+0.0329%4h4,345.8−0.083%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0417% / S −0.0237%1h4,346.5−0.068%$248K111xas long as short
HTX XAU-USDT+0.0621%4h4,350.6+0.027%$2.8M$4.5M75xas long as short