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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.021%
Price spread now: Bybit against Vest−0.716%7-day average −0.803% · 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 4 days (all we have)+0.019%+$2 on $10k
Price spread, last 7 days−0.099%−$10 · spread now −0.716%, 7d avg −0.803%
Together, before fees−0.079%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.087% dearer against Vest than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.803%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,358.40.0046pay 0.0006% / 1h34m 10s$1.0M25x
ShortBybit XAUUSDT4,327.20.0049get 0.0024% / 4h34m 10s$77.6M$153.0M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Vest. 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
$0.62
Price spread: −0.716% → −0.803%
$8.66
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$3.73
Costs to cover
0.130%
Break-even
49.2 days
Slippage unknown: Vest: no order-book sample; Bybit: 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 Vest no order-book sample
Sell Bybit live order book, 5 min ago0.01 bp5.5 bp −$67.0 bp −$7010.7 bp −$1,07134.3 bp −$17.2K
Vest: 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
Bluefin GOLD-PERP−0.0105%1h4,320.7−0.866%$25K$1K20xas long as short
Hotstuff GOLD-PERP−0.0096%1h4,322.4−0.826%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,330.5−0.640%$92K$7.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,322.7−0.818%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.183%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,327.2−0.716%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,324.6−0.776%$5.4M$2.0M20xas long as short
Vest GC-PERPlong+0.0046%1h4,358.4long leg$1.0M25x
Bybit XAUUSDTshort+0.0049%4h4,327.2−0.716%$77.6M$153.0M150x
tradeXYZ xyz:GOLD+0.0050%1h4,323−0.812%$291.8M$51.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,321.5−0.848%$15.0M$55.6M25xas long as short
Aster XAUUSD1+0.0056%4h4,326.9−0.723%$72.9M$272.0M20xas long as short
Lighter XAU+0.0064%1h4,325.6−0.753%$20.4M$29.2M25xas long as short
Paradex XAU-USD-PERP+0.0066%8h4,325.1−0.763%$2K$14K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,322−0.835%$2.1M$4.8M25xas long as short
Variational Omni XAU+0.0089%4h4,324.9−0.769%$47.2M$29.3Mas long as short
Kalshi KXGOLDPERP+0.0092%24h4,327.8−0.702%$3.8M$44.6M15xas long as short
Phoenix GOLD+0.0096%1h4,323.8−0.794%$47K$79K25xas long as short
MEXC XAU_USDT+0.0098%4h4,326.3−0.737%$364.0M$327.3M1000xas long as short
GRVT XAU_USDT_Perp+0.0098%4h4,326.6−0.730%$1.4M$3.1M25xas long as short
Binance XAUUSDT+0.0100%4h4,326.1−0.740%$425.2M$2.13B100xas long as short
Pacifica XAU+0.0100%1h4,322.4−0.826%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,324.5−0.778%$272K$208K50xas long as short
Aevo XAU-PERP+0.0104%1h4,325.8−0.749%$160K$8710xas long as short
Gate XAU_USDT+0.0106%4h4,328.5−0.686%$285.1M$415.9M100xas long as short
edgeX XAUUSDC+0.0117%4h4,323.1−0.810%$30.1M$59.6M50xas long as short
Lighter RH XAU+0.0120%1h4,327.8−0.702%$20.0M$39.1M25xas long as short
Extended XAU-USD+0.0128%1h4,322.4−0.826%$13.2M$36.8M25xas long as short
Bitget XAUUSDT+0.0194%4h4,326.7−0.727%$70.2M$118.6M100xas long as short
Bullet GOLD-USD+0.0205%1h4,326.5−0.733%$58K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0213%1h4,325.2−0.762%$163K$871K25xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,326.2−0.739%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,324.1−0.787%$578K$135K25xas long as short
OKX XAU-USDT-SWAP+0.0276%8h4,326.7−0.727%$173.8M$299.3M100xas long as short
BloFin XAU-USDT+0.0339%4h4,325.8−0.749%$16.4M$4.6M100xas long as short
Phemex XAUUSDT+0.0361%4h4,328.9−0.676%$2.2M$975K100xas long as short
HTX XAU-USDT+0.0415%4h4,331.9−0.609%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,326.1−0.740%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,326.1−0.741%$4.6M$13.3M25xas long as short