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+0.0245%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h +0.074%
Price spread now: BloFin against Variational Omni+0.042%7-day average +0.018% · 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 3 days (all we have)+0.243%+$24 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.042%, 7d avg +0.018%
Together, before fees+0.342%+ Points / potential airdropVariational Omni: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.024% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,3460.0057pay 0.0028% / 4h1h 02m$48.5M$27.7M
ShortBloFin XAU-USDT4,347.90.0302get 0.0151% / 4h1h 02m$15.7M$4.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$51.52
Price spread: +0.042% → +0.018%
$2.44
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$41.96
Costs to cover
0.120%
Break-even
1.3 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; BloFin: live order book, 6 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, 1 min ago1.55 bpdoesn't fit1.8 bp −$184.9 bp −$487doesn't fit
Sell BloFin live order book, 6 min ago0.26 bp6.3 bp −$66.3 bp −$637.7 bp −$773doesn'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
SunX XAU-USDT0.0000%4h4,352.3+0.144%$92K$9.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,344.4−0.039%$266K250xas long as short
Gate XAU_USDT+0.0004%4h4,350.2+0.095%$264.5M$418.2M100xas long as short
RISEx XAU/USDC+0.0010%1h4,347.1+0.025%$3.4M$12.3M25xas long as short
Extended XAU-USD+0.0032%1h4,344.3−0.040%$13.4M$38.7M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.101%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,345.7−0.008%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0041%4h4,348.9+0.067%$70.9M$334.1M20xas long as short
Kalshi KXGOLDPERP+0.0041%24h4,344.6−0.033%$4.1M$37.1M15xas long as short
Vest GC-PERP+0.0046%1h4,380.5+0.793%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,346.8+0.018%$5.7M$2.0M20xas long as short
Lighter XAU+0.0048%1h4,347.2+0.027%$20.6M$42.7M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,342.1−0.091%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,345.5−0.012%$293.9M$48.9M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,344−0.047%$15.1M$56.8M25xas long as short
Lighter RH XAU+0.0056%1h4,349.3+0.074%$20.1M$39.9M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,344.2−0.042%$33K25xas long as short
Variational Omni XAUlong+0.0057%4h4,346long leg$48.5M$27.7M
GRVT XAU_USDT_Perp+0.0058%4h4,346.5+0.011%$1.4M$3.0M25xas long as short
MEXC XAU_USDT+0.0074%4h4,348.7+0.061%$371.4M$320.8M1000xas long as short
edgeX XAUUSDC+0.0075%4h4,342.6−0.080%$30.2M$58.6M50xas long as short
Binance XAUUSDT+0.0076%4h4,349+0.068%$410.6M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0079%8h4,346.8+0.017%$19K$5K5xas long as short
Aevo XAU-PERP+0.0096%1h4,346.5+0.012%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,343.2−0.065%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,344.1−0.045%$274K$203K50xas long as short
Polymarket Perps GOLD-USD+0.0118%1h4,347.5+0.034%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,346−0.001%$47K$77K25xas long as short
Bullet GOLD-USD+0.0193%1h4,348.3+0.051%$60K$83K10xas long as short
Phemex XAUUSDT+0.0202%4h4,349.6+0.083%$2.2M$1.1M100xas long as short
Bybit XAUUSDT+0.0212%4h4,350.1+0.093%$84.4M$145.4M150xas long as short
Bitget XAUUSDT+0.0218%4h4,348.7+0.061%$70.2M$109.4M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0256%1h4,347+0.022%$268K$767K25xas long as short
OKX XAU-USDT-SWAP+0.0262%8h4,350.1+0.093%$165.4M$283.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0270%1h4,345.2−0.019%$593K$133K25xas long as short
BloFin XAU-USDTshort+0.0302%4h4,347.9+0.042%$15.7M$4.6M100x
Bluefin GOLD-PERP+0.0365%1h4,342−0.093%$25K$14K20xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0406% / S −0.0221%1h4,348.3+0.051%$248K111xas long as short
HTX XAU-USDT+0.0594%4h4,352.4+0.147%$2.9M$4.2M75xas long as short