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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0035%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h +0.028%
Price spread now: RISEx against Vest−0.759%7-day average −0.825% · 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)+0.025%+$2 on $10k
Price spread, last 7 days−0.081%−$8 · spread now −0.759%, 7d avg −0.825%
Together, before fees−0.056%+ Points / potential airdropVest: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.067% dearer against Vest than usual: you sell high and buy low (spread −0.759% now, against its 7-day average of −0.825%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,3910.0046pay 0.0006% / 1h21m 37s$1.0M25x
ShortRISEx XAU/USDC4,357.70.0010get 0.0001% / 1h21m 37s$3.4M$12.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$7.41
Price spread: −0.759% → −0.825%
$6.65
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$8.76
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; RISEx: live order book, 3 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 RISEx live order book, 3 min ago0.01 bp3.1 bp −$33.9 bp −$3941.0 bp −$4,100doesn'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
SunX XAU-USDT0.0000%4h4,362.5−0.650%$93K$9.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,354.1−0.840%$267K250xas long as short
Gate XAU_USDT+0.0004%4h4,359.3−0.721%$264.7M$413.6M100xas long as short
RISEx XAU/USDCshort+0.0010%1h4,357.7−0.759%$3.4M$12.4M25x
Extended XAU-USD+0.0032%1h4,354.5−0.831%$13.6M$38.9M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.924%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0039%24h4,356.8−0.779%$4.1M$37.1M15xas long as short
StandX XAU-USD+0.0040%1h4,358−0.752%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0044%4h4,357.9−0.755%$70.6M$333.9M20xas long as short
Vest GC-PERPlong+0.0046%1h4,391long leg$1.0M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,357.2−0.770%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,355.7−0.804%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,354.8−0.824%$294.2M$48.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,354.4−0.834%$15.1M$57.1M25xas long as short
GRVT XAU_USDT_Perp+0.0054%4h4,358.9−0.731%$1.4M$3.0M25xas long as short
Lighter XAU+0.0056%1h4,357.3−0.767%$20.7M$42.3M25xas long as short
Variational Omni XAU+0.0057%4h4,355.6−0.805%$48.3M$27.9Mas long as short
Lighter RH XAU+0.0064%1h4,359.5−0.717%$20.2M$39.7M25xas long as short
Hotstuff GOLD-PERP+0.0064%1h4,355−0.820%$33K25xas long as short
MEXC XAU_USDT+0.0072%4h4,358.3−0.745%$373.3M$319.2M1000xas long as short
Binance XAUUSDT+0.0073%4h4,357.2−0.769%$412.0M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0079%8h4,358.3−0.745%$19K$5K5xas long as short
edgeX XAUUSDC+0.0090%4h4,351.8−0.894%$30.3M$58.4M50xas long as short
Aevo XAU-PERP+0.0096%1h4,357.2−0.769%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,354.6−0.829%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,357.1−0.773%$275K$203K50xas long as short
Phemex XAUUSDT+0.0121%4h4,358.5−0.741%$2.2M$1.1M100xas long as short
Polymarket Perps GOLD-USD+0.0122%1h4,356.6−0.783%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,356.1−0.795%$48K$77K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0163%1h4,356.3−0.790%$254K$751K25xas long as short
Bullet GOLD-USD+0.0199%1h4,358.1−0.750%$60K$83K10xas long as short
Bybit XAUUSDT+0.0201%4h4,359−0.729%$84.5M$145.4M150xas long as short
Bitget XAUUSDT+0.0212%4h4,357.6−0.762%$70.3M$109.5M100xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,358.7−0.736%$165.2M$283.2M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,355.3−0.813%$594K$133K25xas long as short
BloFin XAU-USDT+0.0292%4h4,358.7−0.737%$15.6M$4.6M100xas long as short
Bluefin GOLD-PERP+0.0372%1h4,351.3−0.905%$25K$14K20xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0401% / S −0.0214%1h4,358−0.751%$249K111xas long as short
HTX XAU-USDT+0.0567%4h4,363.4−0.629%$2.9M$4.2M75xas long as short