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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Coinbase International against Vest−0.765%46s7-day average −0.964% · 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)+0.438%+$44 on $10k
Price spread, last 3 days (all we have)−0.113%−$11 · spread now −0.765%, 7d avg −0.964%
Together, before fees+0.325%+ Points / potential airdropVest: Active · farm board+$33 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: Coinbase International is 0.199% dearer against Vest than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.964%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,380.20.0046pay 0.0006% / 1h49m 22s$1.0M25x
ShortCoinbase International GOLD-PERP-INTX4,346.70.0048get 0.0006% / 1h49m 22s$2.0M$4.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.49
Price spread: −0.765% → −0.964%
$19.89
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$8.38
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Coinbase International: 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 Coinbase International live order book, 5 min ago0.46 bp6.4 bp −$67.9 bp −$79doesn't fitdoesn't fit
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 38 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−0.0084%1h4,342.4−0.863%$25K$14K20xas long as short
Hotstuff GOLD-PERP−0.0032%1h4,344.6−0.813%$33K25xas long as short
Gate XAU_USDT0.0000%4h4,348.6−0.721%$264.0M$406.1M100xas long as short
SunX XAU-USDT0.0000%4h4,352.7−0.628%$92K$9.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.5−0.860%$269K250xas long as short
RISEx XAU/USDC+0.0010%1h4,347.5−0.745%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,343.2−0.844%$13.6M$40.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.680%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0037%24h4,346.2−0.776%$4.1M$36.2M15xas long as short
StandX XAU-USD+0.0040%1h4,349.3−0.705%$3.8M$4.6M40xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERPlong+0.0046%1h4,380.2long leg$1.0M25x
QFEX GOLD-USD+0.0046%1h4,346.7−0.765%$5.6M$1.9M20xas long as short
Lighter XAU+0.0048%1h4,346.1−0.778%$20.6M$41.9M25xas long as short
Coinbase International GOLD-PERP-INTXshort+0.0048%1h4,346.7−0.765%$2.0M$4.9M25x
tradeXYZ xyz:GOLD+0.0050%1h4,344.3−0.820%$293.2M$48.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,343.8−0.831%$15.1M$57.8M25xas long as short
Aster XAUUSD1+0.0056%4h4,347.8−0.739%$70.0M$330.3M20xas long as short
Lighter RH XAU+0.0080%1h4,348.8−0.716%$20.1M$39.3M25xas long as short
Paradex XAU-USD-PERP+0.0085%8h4,347.2−0.752%$19K$5K5xas long as short
Pacifica XAU+0.0100%1h4,344.2−0.822%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,350.6−0.675%$275K$203K50xas long as short
Variational Omni XAU+0.0102%4h4,347.9−0.738%$48.3M$27.9Mas long as short
Binance XAUUSDT+0.0108%4h4,347−0.759%$410.0M$2.10B100xas long as short
Polymarket Perps GOLD-USD+0.0109%1h4,345.9−0.783%$4.3M$1.9M20xas long as short
Aevo XAU-PERP+0.0112%1h4,347.8−0.739%$161K$8710xas long as short
MEXC XAU_USDT+0.0114%4h4,347−0.759%$370.7M$316.3M1000xas long as short
GRVT XAU_USDT_Perp+0.0118%4h4,349.4−0.702%$1.4M$3.0M25xas long as short
edgeX XAUUSDC+0.0136%4h4,348.4−0.726%$30.3M$58.7M50xas long as short
Phoenix GOLD+0.0136%1h4,347.8−0.740%$47K$77K25xas long as short
Bullet GOLD-USD+0.0201%1h4,347−0.759%$58K$83K10xas long as short
Bybit XAUUSDT+0.0202%4h4,348−0.735%$84.2M$145.1M150xas long as short
Bitget XAUUSDT+0.0210%4h4,347.1−0.757%$69.7M$109.2M100xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,347.9−0.737%$164.4M$282.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0270%1h4,345.3−0.797%$593K$133K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0279%1h4,346−0.781%$259K$703K25xas long as short
Phemex XAUUSDT+0.0343%4h4,350.5−0.678%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0398% / S −0.0207%1h4,348.5−0.724%$251K111xas long as short
HTX XAU-USDT+0.0600%4h4,353.8−0.602%$2.8M$4.2M75xas long as short