data as of
Settings8H · net · $10k
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Price arb /

XAU

RWAall XAU markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)−0.054%
7d average—if it closes, per $10,000$5funding while held, a day−$1.61
Long on Variational OmniShort on Paradex
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAU4,357.70.0116pay 0.0058% / 4h3h 34m$48.0M$44.3M—
ShortParadex XAU-USD-PERP4,355.30.0062get 0.0062% / 8h7h 34m$19K$6K5x

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
−$5.42
Funding while held
−$1.61
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$11.04
Spread needed to break even
0.040%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Paradex: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0054%
Per $10,000 a day
−$1.61
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 Variational Omni RFQ quote, 1 min ago1.55 bpdoesn't fit1.5 bp −$153.1 bp −$309doesn't fit
Sell Paradex no order-book sample—————
Paradex: 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 price on every exchange

against the cheapest. Click to use as the short leg.
Bluefin4,348.3cheapestInjective4,350.4+0.049%Ondo Perps4,350.7+0.056%Extended4,350.8+0.057%gTrade (Gains Network)4,350.9+0.060%Kalshi4,351.4+0.071%tradeXYZ4,351.7+0.078%Kraken Futures4,352.3+0.091%Pacifica4,352.8+0.103%RISEx4,353+0.108%Bitget4,353.5+0.120%MEXC4,353.6+0.121%Deribit4,353.6+0.122%Binance4,353.6+0.122%BloFin4,353.8+0.126%Lighter4,353.8+0.127%Bybit4,354.1+0.133%QFEX4,354.1+0.133%OKX4,354.2+0.136%GMX4,354.3+0.137%Aevo4,354.4+0.141%Aster4,354.5+0.142%Bullet4,354.5+0.143%Gate4,354.7+0.146%Hotstuff4,354.7+0.147%ApeX Omni4,354.7+0.148%edgeX4,354.8+0.150%Phoenix4,355.1+0.156%Polymarket Perps4,355.2+0.159%
Paradex4,355.3+0.161%
Lighter RH4,356.4+0.186%Phemex4,356.6+0.191%Coinbase International4,357.5+0.212%
Variational Omni4,357.7+0.216%
HTX4,357.8+0.219%StandX4,358+0.223%SunX4,358.1+0.226%Vest4,390.3+0.966%

XAU on 38 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bluefin GOLD-PERP−0.215%+0.8000%1h$26K$23K20xas long as short
Injective XAU/USDC PERP−0.166%+0.0033%1h$619$5452xas long as short
Ondo Perps XAU-USD.P−0.160%+0.0050%1h$14.9M$45.1M25xas long as short
Extended XAU-USD−0.159%+0.0104%1h$13.3M$52.4M25xas long as short
gTrade (Gains Network) XAU/USD−0.155%L +0.0002% / S −0.0003%1h$267K—250xas long as short
Kalshi KXGOLDPERP−0.144%+0.0076%24h$4.3M$29.9M15xas long as short
tradeXYZ xyz:GOLD−0.137%+0.0050%1h$295.7M$58.1M25xas long as short
Kraken Futures PF_XAUUSD−0.124%+0.0185%1h$589K$109K25xas long as short
Pacifica XAU−0.112%+0.0100%1h$1.4M$1.3M10xas long as short
RISEx XAU/USDC−0.108%0.0000%1h$3.7M$12.9M25xas long as short
Show all 38 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget XAUUSDT−0.096%+0.0272%4h$72.0M$97.2M100xas long as short
MEXC XAU_USDT−0.094%+0.0136%4h$373.3M$382.2M1000xas long as short
Deribit GOLD_USDC-PERPETUAL−0.093%+0.0256%1h$215K$971K25xas long as short
Binance XAUUSDT−0.093%+0.0137%4h$418.3M$2.05B100xas long as short
BloFin XAU-USDT−0.090%+0.0377%4h$14.9M$4.4M100xas long as short
Lighter XAU−0.089%+0.0096%1h$20.7M$44.6M25xas long as short
Bybit XAUUSDT−0.083%+0.0083%4h$83.0M$132.8M150xas long as short
QFEX GOLD-USD−0.082%+0.0029%1h$5.4M$2.0M20xas long as short
OKX XAU-USDT-SWAP−0.080%+0.0221%8h$156.8M$261.0M100xas long as short
GMX GOLD/USD [ETH-USDC]−0.078%L +0.0367% / S −0.0186%1h$221K—111xas long as short
Aevo XAU-PERP−0.074%+0.0112%1h$161K$8710xas long as short
Aster XAUUSD1−0.074%+0.0106%4h$66.3M$222.6M20xas long as short
Bullet GOLD-USD−0.073%+0.0101%1h$58K$78K10xas long as short
Gate XAU_USDT−0.069%+0.0008%4h$273.8M$385.0M100xas long as short
Hotstuff GOLD-PERP−0.068%+0.0056%1h$33K—25xas long as short
ApeX Omni XAUUSDT−0.067%+0.0100%1h$273K$203K50xas long as short
edgeX XAUUSDC−0.065%+0.0145%4h$30.3M$55.6M50xas long as short
Phoenix GOLD−0.059%+0.0061%1h$43K$55K25xas long as short
Polymarket Perps GOLD-USD−0.057%+0.0192%1h$4.2M$1.9M20xas long as short
Paradex XAU-USD-PERPshort−0.054%+0.0062%8h$19K$6K5x
Lighter RH XAU−0.029%+0.0144%1h$19.9M$40.5M25xas long as short
Phemex XAUUSDT−0.024%+0.0205%4h$2.2M$1.0M100xas long as short
Coinbase International GOLD-PERP-INTX−0.004%+0.0064%1h$1.9M$5.2M25xas long as short
Variational Omni XAUlong0.000%+0.0116%4h$48.0M$44.3M—
HTX XAU-USDT+0.003%+0.0331%4h$2.4M$2.3M75xas long as short
StandX XAU-USD+0.008%+0.0040%1h$3.8M$1.8M40xas long as short
SunX XAU-USDT+0.011%0.0000%4h$93K$11.5M20xas long as short
Vest GC-PERP+0.749%+0.0046%1h—$929K25xas long as short