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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.019%
Price spread now: edgeX against Vest−0.866%7-day average −0.930% · 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)+0.035%+$4 on $10k
Price spread, last 7 days+0.012%+$1 · spread now −0.866%, 7d avg −0.930%
Together, before fees+0.047%+ Points / potential airdropVest: Active · edgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.064% dearer against Vest than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.930%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,368.30.0046pay 0.0006% / 1h43m 03s$1.0M25x
ShortedgeX XAUUSDC4,330.50.0108get 0.0054% / 4h1h 43m$30.3M$67.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$13.11
Price spread: −0.866% → −0.930%
$6.41
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$8.51
Costs to cover
0.110%
Break-even
2.5 days
Slippage unknown: Vest: no order-book sample; edgeX: live order book, 4 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 edgeX live order book, 4 min ago0.35 bp4.8 bp −$54.9 bp −$497.9 bp −$79435.5 bp −$17.8K
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOLD-PERP−3.2000%1h4,318.3−1.145%$32K25xas long as short
Bluefin GOLD-PERP−0.0008%1h4,328.2−0.917%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,339.1−0.668%$92K$5.9M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,330.6−0.863%$2.1M$5.1M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,331.8−0.836%$304K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.409%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,335.5−0.751%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,333.9−0.787%$6.7M$3.2M20xas long as short
Vest GC-PERPlong+0.0046%1h4,368.3long leg$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,331.5−0.842%$292.4M$51.6M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit GOLD_USDC-PERPETUAL+0.0050%1h4,333.5−0.797%$135K$707K25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,330.2−0.872%$15.1M$59.5M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,334.5−0.773%$2K$13K5xas long as short
Aster XAUUSD1+0.0054%4h4,336.2−0.736%$72.3M$276.0M20xas long as short
Variational Omni XAU+0.0074%4h4,333.5−0.796%$47.3M$29.2Mas long as short
Gate XAU_USDT+0.0076%4h4,336.4−0.731%$298.2M$445.1M100xas long as short
Polymarket Perps GOLD-USD+0.0077%1h4,334.6−0.771%$4.3M$1.7M20xas long as short
Lighter XAU+0.0080%1h4,334.4−0.776%$20.2M$30.4M25xas long as short
Lighter RH XAU+0.0088%1h4,336.6−0.725%$19.7M$40.0M25xas long as short
Binance XAUUSDT+0.0092%4h4,334.7−0.770%$441.7M$2.43B100xas long as short
MEXC XAU_USDT+0.0094%4h4,334.7−0.769%$367.1M$353.3M1000xas long as short
GRVT XAU_USDT_Perp+0.0094%4h4,336.8−0.721%$1.4M$3.1M25xas long as short
Pacifica XAU+0.0100%1h4,331.2−0.850%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,334−0.785%$284K$223K50xas long as short
Aevo XAU-PERP+0.0104%1h4,333.6−0.794%$160K$8710xas long as short
edgeX XAUUSDCshort+0.0108%4h4,330.5−0.866%$30.3M$67.7M50x
Extended XAU-USD+0.0120%1h4,331.1−0.852%$12.5M$34.6M25xas long as short
Bybit XAUUSDT+0.0122%4h4,336.2−0.734%$82.8M$172.1M150xas long as short
Phoenix GOLD+0.0127%1h4,333.2−0.804%$43K$71K25xas long as short
Kalshi KXGOLDPERP+0.0137%24h4,335.8−0.744%$3.5M$51.1M15xas long as short
Bullet GOLD-USD+0.0163%1h4,334.6−0.771%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,334.8−0.767%$4.7M$13.2M25xas long as short
Bitget XAUUSDT+0.0210%4h4,335−0.763%$72.8M$139.5M100xas long as short
Phemex XAUUSDT+0.0227%4h4,337.8−0.699%$2.3M$772K100xas long as short
OKX XAU-USDT-SWAP+0.0237%8h4,336−0.739%$170.8M$361.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,331.5−0.843%$583K$169K25xas long as short
BloFin XAU-USDT+0.0334%4h4,334.6−0.771%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,334.6−0.771%$253K111xas long as short
HTX XAU-USDT+0.1073%4h4,341.1−0.622%$3.2M$7.1M75xas long as short