XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Pacifica against Coinbase International−0.014%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on Coinbase International Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.403%−$40 on $10k

Price spread, last 3 days (all we have)+0.007%+$1 · spread now −0.014%, 7d avg +0.022%

Together, before fees−0.397%+ Points / potential airdropPacifica: Active · farm board−$40 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: Pacifica is 0.036% cheaper against Coinbase International than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International GOLD-PERP-INTX	4,359.8	0.0096	pay 0.0012% / 1h	6m 10s	$2.0M	$5.1M	25x
Short	Pacifica XAU	4,359.2	0.0100	get 0.0013% / 1h	6m 10s	$1.4M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee PacificabpOrdersPrice spread, now −0.014%Rate

Funding earned: $0.84
Price spread: −0.014% → +0.022%: −$3.59
Slippage, 4 orders: −$4.09
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$24.84
Costs to cover: 0.221%
Break-even: 214.0 days

Slippage from Coinbase International: live order book, 3 min ago; Pacifica: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 3 min ago	1.15 bp	6.1 bp −$6	7.7 bp −$77	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	0.23 bp	5.1 bp −$5	doesn't fit	doesn't fit	doesn't fit

XAU on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XAUUSD1	0.0000%	4h	4,363.6	+0.087%	$70.3M	$214.2M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,363.6	+0.087%	$265.1M	$422.4M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,359.3	−0.011%	$4.0M	$36.7M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,365.7	+0.135%	$93K	$10.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,358.8	−0.022%	$269K	—	250x	as long as short
Variational Omni XAU	+0.0029%	4h	4,362.2	+0.055%	$48.4M	$28.5M	—	as long as short
Extended XAU-USD	+0.0032%	1h	4,358.7	−0.026%	$13.5M	$43.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.215%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,362.6	+0.064%	$3.8M	$4.7M	40x	as long as short
MEXC XAU_USDT	+0.0044%	4h	4,363	+0.073%	$372.9M	$331.0M	1000x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0045%	1h	4,359.8	0.000%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,395.9	+0.828%	—	$1.0M	25x	as long as short
Binance XAUUSDT	+0.0047%	4h	4,363	+0.073%	$411.7M	$2.15B	100x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,361.8	+0.047%	$3.4M	$12.4M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,358.8	−0.023%	$294.0M	$51.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,358.2	−0.037%	$14.8M	$57.3M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,357.7	−0.048%	$48K	$64K	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,358.8	−0.023%	$33K	—	25x	as long as short
edgeX XAUUSDC	+0.0057%	4h	4,354.2	−0.129%	$30.3M	$60.3M	50x	as long as short
Lighter XAU	+0.0072%	1h	4,361.7	+0.044%	$20.6M	$44.5M	25x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,361.1	+0.029%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,361.6	+0.040%	$162K	$87	10x	as long as short
Lighter RH XAU	+0.0096%	1h	4,364.2	+0.101%	$20.2M	$41.4M	25x	as long as short
Bitget XAUUSDT	+0.0096%	4h	4,362.5	+0.062%	$69.0M	$112.3M	100x	as long as short
Coinbase International GOLD-PERP-INTXlong	+0.0096%	1h	4,359.8	long leg	$2.0M	$5.1M	25x
Pacifica XAUshort	+0.0100%	1h	4,359.2	−0.014%	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.9	−0.044%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,355.4	−0.100%	$26K	$22K	20x	as long as short
Polymarket Perps GOLD-USD	+0.0119%	1h	4,361.6	+0.041%	$4.3M	$1.8M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0136%	4h	4,361.6	+0.042%	$1.4M	$3.1M	25x	as long as short
BloFin XAU-USDT	+0.0179%	4h	4,362.2	+0.056%	$15.4M	$4.6M	100x	as long as short
Bybit XAUUSDT	+0.0195%	4h	4,363.8	+0.092%	$83.9M	$144.9M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0212%	8h	4,363.8	+0.092%	$164.3M	$288.9M	100x	as long as short
Bullet GOLD-USD	+0.0213%	1h	4,362.6	+0.064%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,359.7	−0.003%	$595K	$141K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0232%	1h	4,361.5	+0.039%	$235K	$658K	25x	as long as short
Phemex XAUUSDT	+0.0297%	4h	4,363.8	+0.092%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,362.8	+0.068%	$252K	—	111x	as long as short
HTX XAU-USDT	+0.0558%	4h	4,366.8	+0.159%	$2.9M	$3.9M	75x	as long as short