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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: tradeXYZ against Vest−0.824%7-day average −0.915% · 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)0.000%$0 on $10k
Price spread, last 7 days−0.067%−$7 · spread now −0.824%, 7d avg −0.915%
Together, before fees−0.068%+ Points / potential airdropVest: Active · tradeXYZ: Active · farm board−$7 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: tradeXYZ is 0.091% dearer against Vest than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.915%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,381.30.0046pay 0.0006% / 1h59m 08s$1.0M25x
ShorttradeXYZ xyz:GOLD4,345.20.0050get 0.0006% / 1h59m 08s$293.9M$48.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$0.91
Price spread: −0.824% → −0.915%
$9.11
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$9.98
Costs to cover
0.200%
Break-even
84.0 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: 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 tradeXYZ live order book, 11 min ago0.12 bp9.1 bp −$99.3 bp −$9311.6 bp −$1,162doesn'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
RISEx XAU/USDC0.0000%1h4,348.7−0.743%$3.4M$12.2M25xas long as short
SunX XAU-USDT0.0000%4h4,352.3−0.661%$92K$9.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.9−0.853%$266K250xas long as short
Hotstuff GOLD-PERP+0.0008%1h4,345.6−0.815%$33K25xas long as short
Gate XAU_USDT+0.0008%4h4,350.2−0.711%$265.2M$406.8M100xas long as short
Extended XAU-USD+0.0032%1h4,343.9−0.853%$13.4M$38.6M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.705%$619$5452xas long as short
Bluefin GOLD-PERP+0.0033%1h4,342.4−0.889%$25K$14K20xas long as short
Lighter XAU+0.0040%1h4,346.8−0.787%$20.6M$37.5M25xas long as short
StandX XAU-USD+0.0040%1h4,348.3−0.753%$3.8M$4.6M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP+0.0042%24h4,346.1−0.803%$4.1M$37.1M15xas long as short
Aster XAUUSD1+0.0044%4h4,348.8−0.741%$70.9M$334.1M20xas long as short
Vest GC-PERPlong+0.0046%1h4,381.3long leg$1.0M25x
QFEX GOLD-USD+0.0046%1h4,348.3−0.753%$5.7M$2.0M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,344.2−0.847%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLDshort+0.0050%1h4,345.2−0.824%$293.9M$48.9M25x
Ondo Perps XAU-USD.P+0.0050%1h4,345.3−0.823%$15.1M$56.8M25xas long as short
Variational Omni XAU+0.0061%4h4,347.3−0.777%$48.4M$27.7Mas long as short
Lighter RH XAU+0.0064%1h4,349.1−0.734%$20.1M$39.0M25xas long as short
GRVT XAU_USDT_Perp+0.0064%4h4,348.1−0.757%$1.4M$3.0M25xas long as short
MEXC XAU_USDT+0.0076%4h4,348.1−0.758%$371.1M$314.3M1000xas long as short
Binance XAUUSDT+0.0079%4h4,348.1−0.757%$411.2M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0080%8h4,348.7−0.745%$19K$5K5xas long as short
edgeX XAUUSDC+0.0089%4h4,343−0.874%$30.2M$58.7M50xas long as short
Pacifica XAU+0.0100%1h4,345.3−0.822%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,345.7−0.812%$275K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,347.6−0.770%$161K$8710xas long as short
Polymarket Perps GOLD-USD+0.0125%1h4,347.6−0.769%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,345.3−0.822%$47K$76K25xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,345.4−0.819%$593K$133K25xas long as short
Phemex XAUUSDT+0.0194%4h4,349.6−0.723%$2.2M$972K100xas long as short
Bullet GOLD-USD+0.0205%1h4,348.4−0.751%$59K$83K10xas long as short
Bybit XAUUSDT+0.0214%4h4,349.5−0.726%$84.3M$145.4M150xas long as short
Bitget XAUUSDT+0.0220%4h4,348.4−0.751%$70.2M$109.5M100xas long as short
OKX XAU-USDT-SWAP+0.0266%8h4,349.6−0.724%$165.6M$283.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0279%1h4,346.6−0.792%$268K$768K25xas long as short
BloFin XAU-USDT+0.0314%4h4,348.4−0.750%$15.7M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0407% / S −0.0222%1h4,348.1−0.758%$248K111xas long as short
HTX XAU-USDT+0.0599%4h4,353.5−0.634%$2.9M$4.3M75xas long as short