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+0.0030%/8h= +3.3% APRpaid last 24h +0.001%
Price spread now: Gate against Vest−0.733%49s7-day average −0.794% · 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)−0.020%−$2 on $10k
Price spread, last 7 days−0.049%−$5 · spread now −0.733%, 7d avg −0.794%
Together, before fees−0.069%+ Points / potential airdropVest: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.061% dearer against Vest than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.794%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,366.80.0046pay 0.0006% / 1h26m 39s$1.0M25x
ShortGate XAU_USDT4,334.80.0076get 0.0038% / 4h1h 26m$298.0M$447.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$6.37
Price spread: −0.733% → −0.794%
$6.1
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$4.54
Costs to cover
0.170%
Break-even
12.0 days
Slippage unknown: Vest: no order-book sample; Gate: 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 Vest no order-book sample
Sell Gate live order book, 6 min ago0.01 bp7.5 bp −$87.9 bp −$7912.2 bp −$1,22414.2 bp −$7,086
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%1h4,329.9−0.845%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,336.8−0.688%$92K$5.8M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,330.5−0.831%$2.1M$5.0M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.4−0.833%$304K250xas long as short
Bluefin GOLD-PERP+0.0022%1h4,327.8−0.894%$25K$1K20xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.375%$619$5452xas long as short
Aster XAUUSD1+0.0038%4h4,334.7−0.735%$72.1M$276.2M20xas long as short
StandX XAU-USD+0.0040%1h4,334.9−0.731%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,332.3−0.790%$6.7M$3.2M20xas long as short
Vest GC-PERPlong+0.0046%1h4,366.8long leg$1.0M25x
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,330.7−0.827%$292.7M$51.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,328.6−0.875%$15.2M$59.8M25xas long as short
Paradex XAU-USD-PERP+0.0053%8h4,332.6−0.784%$2K$13K5xas long as short
Variational Omni XAU+0.0064%4h4,333.5−0.762%$47.3M$28.7Mas long as short
Lighter XAU+0.0072%1h4,332.7−0.781%$20.1M$30.5M25xas long as short
Gate XAU_USDTshort+0.0076%4h4,334.8−0.733%$298.0M$447.8M100x
MEXC XAU_USDT+0.0078%4h4,333.4−0.765%$368.3M$355.5M1000xas long as short
GRVT XAU_USDT_Perp+0.0078%4h4,334.1−0.748%$1.4M$3.1M25xas long as short
Binance XAUUSDT+0.0079%4h4,333.2−0.771%$441.3M$2.43B100xas long as short
edgeX XAUUSDC+0.0082%4h4,330.2−0.837%$30.3M$66.5M50xas long as short
Lighter RH XAU+0.0096%1h4,335.4−0.720%$19.6M$40.0M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0096%1h4,331.1−0.818%$135K$708K25xas long as short
Pacifica XAU+0.0100%1h4,330.4−0.835%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,329.9−0.846%$287K$227K50xas long as short
Aevo XAU-PERP+0.0104%1h4,331.9−0.800%$160K$8710xas long as short
Polymarket Perps GOLD-USD+0.0118%1h4,333.2−0.769%$4.3M$1.7M20xas long as short
Phoenix GOLD+0.0127%1h4,332−0.797%$43K$71K25xas long as short
Bybit XAUUSDT+0.0127%4h4,334.6−0.738%$82.7M$169.3M150xas long as short
Kalshi KXGOLDPERP+0.0140%24h4,335−0.728%$3.5M$51.2M15xas long as short
Extended XAU-USD+0.0144%1h4,329.8−0.848%$12.5M$34.5M25xas long as short
Bullet GOLD-USD+0.0159%1h4,333−0.775%$59K$77K10xas long as short
Bitget XAUUSDT+0.0196%4h4,333.1−0.771%$72.5M$140.0M100xas long as short
Phemex XAUUSDT+0.0199%4h4,335.5−0.716%$2.3M$777K100xas long as short
RISEx XAU/USDC+0.0205%1h4,334.1−0.749%$4.7M$13.2M25xas long as short
OKX XAU-USDT-SWAP+0.0232%8h4,334.2−0.747%$170.7M$361.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,330.2−0.838%$583K$167K25xas long as short
BloFin XAU-USDT+0.0318%4h4,334.3−0.744%$16.4M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0461% / S −0.0308%1h4,332.9−0.776%$253K111xas long as short
HTX XAU-USDT+0.1044%4h4,340.1−0.612%$3.2M$7.1M75xas long as short