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+0.0157%/8h= +17.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.186%
Price spread now: Pacifica against Bluefin+0.072%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Pacifica is 0.072% dearer against Bluefin than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin GOLD-PERP4,333.6−0.0057get 0.0007% / 1h54m 03s$25K$1K20x
ShortPacifica XAU4,336.70.0100get 0.0013% / 1h54m 03s$1.4M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Bluefin. 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
$32.97
Price spread: +0.072% → 0.000%
$7.18
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$25.16
Costs to cover
0.150%
Break-even
1.7 days
Slippage unknown: Bluefin: no order-book sample; Pacifica: 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 Bluefin no order-book sample
Sell Pacifica live order book, 3 min ago0.12 bp4.5 bp −$4doesn't fitdoesn't fitdoesn't fit
Bluefin: 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 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−3.0304%1h4,318.3−0.352%$32K25xas long as short
Bluefin GOLD-PERPlong−0.0057%1h4,333.6long leg$25K$1K20x
SunX XAU-USDT0.0000%4h4,344.6+0.254%$92K$6.0M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,335.3+0.040%$2.1M$5.3M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,336.2+0.060%$274K250xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0027%1h4,337.9+0.100%$135K$707K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.389%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,339.3+0.132%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,339.7+0.141%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,374.2+0.938%$1.0M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,336.2+0.061%$292.7M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,336.2+0.060%$15.1M$59.1M25xas long as short
Paradex XAU-USD-PERP+0.0055%8h4,339.9+0.146%$2K$13K5xas long as short
Aster XAUUSD1+0.0071%4h4,341+0.171%$72.6M$276.0M20xas long as short
Phoenix GOLD+0.0076%1h4,334.6+0.024%$43K$71K25xas long as short
Variational Omni XAU+0.0087%4h4,337.4+0.089%$47.3M$29.2Mas long as short
Polymarket Perps GOLD-USD+0.0088%1h4,339.8+0.144%$4.3M$1.7M20xas long as short
Lighter XAU+0.0088%1h4,339+0.124%$20.2M$30.2M25xas long as short
Pacifica XAUshort+0.0100%1h4,336.7+0.072%$1.4M$1.3M10x
ApeX Omni XAUUSDT+0.0100%1h4,336.8+0.073%$285K$223K50xas long as short
Gate XAU_USDT+0.0102%4h4,341.2+0.176%$301.1M$441.2M100xas long as short
Lighter RH XAU+0.0104%1h4,341.1+0.173%$19.7M$39.5M25xas long as short
MEXC XAU_USDT+0.0104%4h4,339.3+0.133%$366.9M$350.5M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,339.2+0.130%$161K$8710xas long as short
Binance XAUUSDT+0.0105%4h4,339.5+0.137%$444.0M$2.43B100xas long as short
GRVT XAU_USDT_Perp+0.0108%4h4,337.8+0.098%$1.4M$3.1M25xas long as short
edgeX XAUUSDC+0.0115%4h4,333.8+0.004%$30.3M$67.1M50xas long as short
Bybit XAUUSDT+0.0129%4h4,340.6+0.163%$82.6M$173.4M150xas long as short
Kalshi KXGOLDPERP+0.0135%24h4,342+0.195%$3.5M$51.0M15xas long as short
Extended XAU-USD+0.0136%1h4,336.3+0.064%$12.5M$34.8M25xas long as short
Bullet GOLD-USD+0.0192%1h4,340.3+0.155%$59K$76K10xas long as short
Phemex XAUUSDT+0.0200%4h4,341+0.170%$2.3M$784K100xas long as short
RISEx XAU/USDC+0.0205%1h4,340.9+0.168%$4.7M$13.3M25xas long as short
Bitget XAUUSDT+0.0220%4h4,339.5+0.137%$73.0M$139.3M100xas long as short
OKX XAU-USDT-SWAP+0.0240%8h4,340+0.148%$170.7M$360.9M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,336.8+0.075%$584K$167K25xas long as short
BloFin XAU-USDT+0.0345%4h4,340.8+0.168%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,339.3+0.132%$254K111xas long as short
HTX XAU-USDT+0.1100%4h4,346.5+0.298%$3.2M$7.1M75xas long as short