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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Pacifica against Aevo−0.058%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.058%, 7d avg −0.063%
Together, before fees−0.139%+ Points / potential airdropPacifica: Active · farm board−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,333.10.0104pay 0.0013% / 1h29m 47s$160K$8710x
ShortPacifica XAU4,330.50.0100get 0.0013% / 1h29m 47s$1.4M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Aevo. 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
−$0.84
Price spread: −0.058% → −0.063%
$0.44
Slippage, 4 orders
−$16.78
Fee Aevo: 8 bp × 2 orders
−$16
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$41.18
Costs to cover
0.408%
Break-even
never at this rate
Slippage from Aevo: live order book, 17 min ago; Pacifica: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 17 min ago6.18 bp15.9 bp −$1640.4 bp −$404doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago0.12 bp4.5 bp −$4doesn't fitdoesn't fitdoesn't fit

XAU on 39 exchanges

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−3.2000%1h4,318.3−0.341%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,338.1+0.116%$92K$5.8M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,330−0.071%$2.1M$5.0M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.1−0.069%$304K250xas long as short
Bluefin GOLD-PERP+0.0028%1h4,328.1−0.115%$25K$1K20xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.400%$619$5452xas long as short
Aster XAUUSD1+0.0037%4h4,335.1+0.047%$72.2M$276.1M20xas long as short
StandX XAU-USD+0.0040%1h4,335.2+0.049%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,331.8−0.029%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,367.6+0.797%$1.0M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,330.7−0.055%$292.3M$51.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,329−0.095%$15.1M$59.5M25xas long as short
Paradex XAU-USD-PERP+0.0053%8h4,332.8−0.006%$2K$13K5xas long as short
Variational Omni XAU+0.0064%4h4,333.5+0.010%$47.3M$28.7Mas long as short
Gate XAU_USDT+0.0078%4h4,335.7+0.060%$298.6M$447.3M100xas long as short
GRVT XAU_USDT_Perp+0.0078%4h4,333.9+0.020%$1.4M$3.1M25xas long as short
Lighter XAU+0.0080%1h4,332.8−0.007%$20.1M$30.4M25xas long as short
MEXC XAU_USDT+0.0080%4h4,334+0.022%$367.5M$355.1M1000xas long as short
Binance XAUUSDT+0.0081%4h4,333.8+0.018%$441.4M$2.43B100xas long as short
Lighter RH XAU+0.0096%1h4,335.3+0.051%$19.7M$40.0M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0096%1h4,333−0.002%$135K$707K25xas long as short
Pacifica XAUshort+0.0100%1h4,330.5−0.058%$1.4M$1.3M10x
ApeX Omni XAUUSDT+0.0100%1h4,332.2−0.021%$287K$227K50xas long as short
edgeX XAUUSDC+0.0100%4h4,329.9−0.074%$30.3M$66.9M50xas long as short
Aevo XAU-PERPlong+0.0104%1h4,333.1long leg$160K$8710x
Polymarket Perps GOLD-USD+0.0112%1h4,334.4+0.031%$4.3M$1.7M20xas long as short
Bybit XAUUSDT+0.0126%4h4,335.3+0.050%$82.8M$169.6M150xas long as short
Phoenix GOLD+0.0127%1h4,331−0.048%$43K$71K25xas long as short
Extended XAU-USD+0.0136%1h4,330.2−0.066%$12.5M$34.5M25xas long as short
Kalshi KXGOLDPERP+0.0139%24h4,335.4+0.054%$3.5M$51.2M15xas long as short
Bullet GOLD-USD+0.0158%1h4,334.4+0.031%$59K$76K10xas long as short
Bitget XAUUSDT+0.0200%4h4,334.2+0.026%$72.9M$139.7M100xas long as short
RISEx XAU/USDC+0.0205%1h4,334.3+0.029%$4.7M$13.2M25xas long as short
Phemex XAUUSDT+0.0214%4h4,336.5+0.080%$2.3M$777K100xas long as short
OKX XAU-USDT-SWAP+0.0233%8h4,335.1+0.047%$170.7M$361.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,331.4−0.038%$583K$167K25xas long as short
BloFin XAU-USDT+0.0322%4h4,334.6+0.036%$16.4M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0461% / S −0.0308%1h4,334.4+0.030%$253K111xas long as short
HTX XAU-USDT+0.1049%4h4,341.1+0.186%$3.2M$7.1M75xas long as short