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−0.0001%/8h= −0.1% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: QFEX against Vest−0.764%7-day average −0.866% · 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)−0.028%−$3 on $10k
Price spread, last 7 days−0.101%−$10 · spread now −0.764%, 7d avg −0.866%
Together, before fees−0.129%+ Points / potential airdropVest: Active · farm board−$13 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: QFEX is 0.101% dearer against Vest than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.866%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,356.60.0046pay 0.0006% / 1h32m 11s$1.0M25x
ShortQFEX GOLD-USD4,323.30.0045get 0.0006% / 1h32m 11s$5.4M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$0.24
Price spread: −0.764% → −0.866%
$10.14
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$2.09
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; QFEX: 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 QFEX live order book, 6 min ago1.50 bp6.5 bp −$76.5 bp −$658.8 bp −$879doesn'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
Hotstuff GOLD-PERP−0.0096%1h4,322.5−0.783%$32K25xas long as short
Bluefin GOLD-PERP−0.0086%1h4,318.6−0.872%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,328.4−0.648%$92K$7.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,321.6−0.804%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.142%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,327.2−0.675%$3.8M$4.5M40xas long as short
QFEX GOLD-USDshort+0.0045%1h4,323.3−0.764%$5.4M$2.0M20x
Vest GC-PERPlong+0.0046%1h4,356.6long leg$1.0M25x
tradeXYZ xyz:GOLD+0.0050%1h4,321−0.817%$291.7M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,320.5−0.828%$15.0M$55.6M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0053%4h4,325.4−0.717%$77.6M$152.8M150xas long as short
Aster XAUUSD1+0.0057%4h4,325.8−0.707%$72.9M$272.0M20xas long as short
Lighter XAU+0.0064%1h4,323−0.771%$20.5M$29.4M25xas long as short
Paradex XAU-USD-PERP+0.0065%8h4,323.9−0.750%$2K$14K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,320.5−0.829%$2.1M$4.8M25xas long as short
Variational Omni XAU+0.0089%4h4,324.9−0.728%$47.2M$29.3Mas long as short
Kalshi KXGOLDPERP+0.0093%24h4,325.7−0.709%$3.8M$44.6M15xas long as short
Phoenix GOLD+0.0096%1h4,323.3−0.764%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,321−0.818%$1.4M$1.2M10xas long as short
MEXC XAU_USDT+0.0100%4h4,324.3−0.742%$362.9M$327.8M1000xas long as short
GRVT XAU_USDT_Perp+0.0100%4h4,326.8−0.685%$1.4M$3.0M25xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,322.7−0.778%$272K$208K50xas long as short
Binance XAUUSDT+0.0101%4h4,324.2−0.743%$425.0M$2.13B100xas long as short
Aevo XAU-PERP+0.0104%1h4,323.7−0.755%$160K$8710xas long as short
Gate XAU_USDT+0.0108%4h4,326.2−0.697%$285.6M$416.5M100xas long as short
edgeX XAUUSDC+0.0117%4h4,323.1−0.769%$30.1M$59.6M50xas long as short
Lighter RH XAU+0.0120%1h4,325.7−0.710%$20.0M$39.2M25xas long as short
Extended XAU-USD+0.0128%1h4,320−0.841%$13.2M$36.8M25xas long as short
Bitget XAUUSDT+0.0194%4h4,324.1−0.747%$70.1M$118.5M100xas long as short
Bullet GOLD-USD+0.0206%1h4,324.4−0.739%$58K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,324.4−0.739%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,322.1−0.792%$578K$135K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0236%1h4,322.4−0.785%$163K$872K25xas long as short
OKX XAU-USDT-SWAP+0.0276%8h4,324.8−0.730%$173.8M$299.0M100xas long as short
BloFin XAU-USDT+0.0341%4h4,324.9−0.728%$16.4M$4.6M100xas long as short
Phemex XAUUSDT+0.0370%4h4,327.2−0.675%$2.2M$975K100xas long as short
HTX XAU-USDT+0.0424%4h4,331.1−0.586%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,324.3−0.742%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,325−0.725%$4.6M$13.3M25xas long as short