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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: SunX against Vest−0.647%7-day average −0.764% · 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)−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.647%, 7d avg −0.764%
Together, before fees−0.030%+ Points / potential airdropVest: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.118% dearer against Vest than usual: you sell high and buy low (spread −0.647% now, against its 7-day average of −0.764%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,373.50.0046pay 0.0006% / 1h38m 11s$1.0M25x
ShortSunX XAU-USDT4,345.20get 0.0000% / 4h3h 38m$92K$8.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$9.59
Price spread: −0.647% → −0.764%
$11.75
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee SunX: 4 bp × 2 orders
−$8
Net
−$7.84
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; SunX: live order book, 11 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 SunX live order book, 11 min ago23.50 bp29.5 bp −$3047.0 bp −$470doesn'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
SunX XAU-USDTshort0.0000%4h4,345.2−0.647%$92K$8.7M20x
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,337.1−0.833%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,340.1−0.764%$3.5M$12.0M25xas long as short
Bluefin GOLD-PERP+0.0009%1h4,335.4−0.870%$25K$14K20xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,338.1−0.809%$33K25xas long as short
Gate XAU_USDT+0.0026%4h4,342.6−0.708%$267.8M$414.4M100xas long as short
Extended XAU-USD+0.0032%1h4,336.9−0.837%$13.2M$37.7M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.528%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,342.5−0.710%$20.1M$39.3M25xas long as short
StandX XAU-USD+0.0040%1h4,341.9−0.723%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0042%1h4,338.9−0.791%$5.7M$2.1M20xas long as short
Vest GC-PERPlong+0.0046%1h4,373.5long leg$1.0M25x
Lighter XAU+0.0048%1h4,340.3−0.759%$20.8M$34.5M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,338.3−0.805%$293.5M$49.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,337.3−0.828%$15.1M$56.9M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,338.4−0.803%$4.3M$37.4M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,338.5−0.800%$2.1M$4.8M25xas long as short
Bybit XAUUSDT+0.0056%4h4,342.1−0.719%$80.3M$151.7M150xas long as short
Aster XAUUSD1+0.0079%4h4,342.3−0.713%$71.4M$332.3M20xas long as short
Paradex XAU-USD-PERP+0.0084%8h4,340.5−0.755%$19K$5K5xas long as short
Variational Omni XAU+0.0087%4h4,340.5−0.756%$48.3M$27.7Mas long as short
Pacifica XAU+0.0100%1h4,337.5−0.823%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,339.3−0.783%$274K$203K50xas long as short
MEXC XAU_USDT+0.0104%4h4,341.2−0.740%$370.3M$319.3M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,340.2−0.760%$161K$8710xas long as short
Binance XAUUSDT+0.0106%4h4,341.6−0.729%$417.0M$2.09B100xas long as short
edgeX XAUUSDC+0.0118%4h4,336.3−0.850%$30.1M$58.3M50xas long as short
Phoenix GOLD+0.0136%1h4,339.8−0.771%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0174%4h4,341−0.742%$1.4M$2.9M25xas long as short
Polymarket Perps GOLD-USD+0.0216%1h4,340.8−0.748%$4.3M$1.9M20xas long as short
Bullet GOLD-USD+0.0217%1h4,341.2−0.740%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,339.6−0.775%$205K$828K25xas long as short
Bitget XAUUSDT+0.0248%4h4,341.5−0.731%$71.0M$109.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,338.1−0.810%$592K$132K25xas long as short
OKX XAU-USDT-SWAP+0.0319%8h4,342−0.720%$166.6M$281.8M100xas long as short
Phemex XAUUSDT+0.0337%4h4,344.5−0.663%$2.2M$967K100xas long as short
BloFin XAU-USDT+0.0372%4h4,341.7−0.726%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,341.1−0.740%$250K111xas long as short
HTX XAU-USDT+0.0624%4h4,345.7−0.635%$2.8M$4.6M75xas long as short