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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.066%
Price spread now: Kraken Futures against Vest−0.806%7-day average −0.924% · 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)+0.135%+$14 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.806%, 7d avg −0.924%
Together, before fees+0.102%+ Points / potential airdropVest: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.118% dearer against Vest than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.924%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,354.30.0046pay 0.0006% / 1h24m 07s$1.0M25x
ShortKraken Futures PF_XAUUSD4,319.20.0154get 0.0019% / 1h24m 07s$584K$135K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$22.65
Price spread: −0.806% → −0.924%
$11.82
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$22.47
Costs to cover
0.120%
Break-even
0.1 days
Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 19 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 Kraken Futures live order book, 19 min ago3.15 bp11.0 bp −$1120.3 bp −$203doesn'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 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−0.0064%1h4,318.2−0.828%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,326.6−0.635%$92K$7.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,318.9−0.813%$270K250xas long as short
Bybit XAUUSDT+0.0011%4h4,323.9−0.697%$77.3M$154.8M150xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,319−0.811%$32K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.089%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,323.4−0.710%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,322−0.742%$5.4M$2.0M20xas long as short
Vest GC-PERPlong+0.0046%1h4,354.3long leg$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,318.9−0.813%$291.5M$51.2M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,318.2−0.829%$15.0M$55.3M25xas long as short
Lighter XAU+0.0064%1h4,321.5−0.753%$20.3M$30.6M25xas long as short
Aster XAUUSD1+0.0067%4h4,324.8−0.677%$72.5M$276.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,320.3−0.781%$2.1M$4.9M25xas long as short
Paradex XAU-USD-PERP+0.0075%8h4,321.8−0.747%$2K$13K5xas long as short
Kalshi KXGOLDPERP+0.0078%24h4,323.8−0.700%$3.8M$43.7M15xas long as short
GRVT XAU_USDT_Perp+0.0082%4h4,323.1−0.716%$1.4M$3.0M25xas long as short
Extended XAU-USD+0.0088%1h4,318−0.833%$12.9M$37.0M25xas long as short
Variational Omni XAU+0.0090%4h4,322.1−0.739%$47.3M$28.9Mas long as short
MEXC XAU_USDT+0.0096%4h4,322.6−0.727%$362.0M$331.0M1000xas long as short
Binance XAUUSDT+0.0097%4h4,323.2−0.715%$417.2M$2.12B100xas long as short
Phoenix GOLD+0.0100%1h4,319.6−0.797%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,318.8−0.815%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,319.8−0.792%$272K$208K50xas long as short
Aevo XAU-PERP+0.0104%1h4,321.8−0.746%$160K$8710xas long as short
edgeX XAUUSDC+0.0108%4h4,318.8−0.816%$30.0M$59.5M50xas long as short
Gate XAU_USDT+0.0110%4h4,324.7−0.680%$281.0M$418.7M100xas long as short
Lighter RH XAU+0.0112%1h4,324.3−0.690%$19.8M$38.9M25xas long as short
Kraken Futures PF_XAUUSDshort+0.0154%1h4,319.2−0.806%$584K$135K25x
Bullet GOLD-USD+0.0179%1h4,322.2−0.738%$59K$82K10xas long as short
RISEx XAU/USDC+0.0184%1h4,325.1−0.671%$4.2M$12.9M25xas long as short
Polymarket Perps GOLD-USD+0.0209%1h4,322.1−0.739%$4.3M$1.9M20xas long as short
Bitget XAUUSDT+0.0222%4h4,322.6−0.727%$67.7M$118.0M100xas long as short
HTX XAU-USDT+0.0261%4h4,325.3−0.665%$2.8M$4.9M75xas long as short
OKX XAU-USDT-SWAP+0.0303%8h4,323.4−0.710%$171.9M$298.4M100xas long as short
Phemex XAUUSDT+0.0330%4h4,325.3−0.666%$2.2M$967K100xas long as short
BloFin XAU-USDT+0.0337%4h4,322.4−0.734%$16.2M$4.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0398%1h4,321.8−0.746%$191K$836K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,322−0.741%$252K111xas long as short