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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0052%/8h= −5.7% APRnext payment $0.07 per $10,000 · paid last 24h +0.007%
Price spread now: Pacifica against Extended+0.056%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$160.161% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days−0.062%−$6 · spread now +0.056%, 7d avg 0.000%
Together, before fees0.000%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.057% dearer against Extended than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of 0.000%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,319.90.0152pay 0.0019% / 1h10m 01s$12.5M$34.2M25x
ShortPacifica XAU4,322.30.0100get 0.0013% / 1h10m 01s$1.4M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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
−$10.92
Price spread: +0.056% → 0.000%
$5.66
Slippage, 4 orders
−$3.14
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$21.4
Costs to cover
0.161%
Break-even
never at this rate
Slippage from Extended: live order book, 2 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 Extended live order book, 2 min ago0.12 bp4.9 bp −$56.2 bp −$628.7 bp −$87425.5 bp −$12.8K
Sell Pacifica live order book, 2 min ago0.12 bp4.2 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
Coinbase International GOLD-PERP-INTX−0.0032%1h4,321+0.026%$2.1M$4.8M25xas long as short
SunX XAU-USDT0.0000%4h4,328.5+0.200%$92K$5.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,319.6−0.006%$308K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.707%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,324.9+0.117%$3.9M$4.6M40xas long as short
QFEX GOLD-USD+0.0042%1h4,322+0.049%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,357+0.860%$919K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,321.9+0.047%$293.5M$47.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,321+0.026%$15.2M$61.4M25xas long as short
Aster XAUUSD1+0.0051%4h4,326.1+0.145%$70.5M$278.2M20xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0056%8h4,323.7+0.088%$2K$13K5xas long as short
RISEx XAU/USDC+0.0062%1h4,324.8+0.114%$4.6M$13.2M25xas long as short
Variational Omni XAU+0.0076%4h4,323.5+0.083%$47.3M$27.6Mas long as short
Hotstuff GOLD-PERP+0.0080%1h4,321.9+0.047%$35K$3K25xas long as short
MEXC XAU_USDT+0.0080%4h4,324.6+0.108%$348.5M$361.1M1000xas long as short
Gate XAU_USDT+0.0082%4h4,326+0.141%$306.7M$446.0M100xas long as short
Binance XAUUSDT+0.0082%4h4,324.4+0.105%$445.4M$2.43B100xas long as short
Lighter XAU+0.0088%1h4,323.7+0.088%$20.0M$30.9M25xas long as short
edgeX XAUUSDC+0.0099%4h4,318.9−0.023%$30.2M$67.0M50xas long as short
Pacifica XAUshort+0.0100%1h4,322.3+0.056%$1.4M$1.5M10x
GRVT XAU_USDT_Perp+0.0100%4h4,322.7+0.065%$1.4M$3.1M25xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,318.3−0.036%$286K$228K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,318.3−0.036%$25K$1K20xas long as short
Aevo XAU-PERP+0.0104%1h4,323.3+0.080%$160K$8710xas long as short
Phoenix GOLD+0.0124%1h4,321.2+0.031%$43K$71K25xas long as short
Phemex XAUUSDT+0.0133%4h4,325.8+0.138%$2.3M$736K100xas long as short
Lighter RH XAU+0.0144%1h4,326.4+0.150%$19.6M$40.0M25xas long as short
Extended XAU-USDlong+0.0152%1h4,319.9long leg$12.5M$34.2M25x
Kalshi KXGOLDPERP+0.0153%24h4,325.1+0.121%$3.5M$52.2M15xas long as short
Bybit XAUUSDT+0.0160%4h4,325.5+0.130%$84.5M$169.5M150xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,321.6+0.039%$583K$169K25xas long as short
Bitget XAUUSDT+0.0212%4h4,324.4+0.105%$73.3M$142.7M100xas long as short
Polymarket Perps GOLD-USD+0.0218%1h4,324.7+0.112%$4.3M$1.7M20xas long as short
Bullet GOLD-USD+0.0221%1h4,324.4+0.105%$59K$77K10xas long as short
OKX XAU-USDT-SWAP+0.0231%8h4,324.7+0.112%$171.8M$363.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0305%1h4,323.1+0.075%$135K$658K25xas long as short
BloFin XAU-USDT+0.0322%4h4,324.9+0.116%$16.5M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0259%1h4,324.4+0.105%$253K111xas long as short
HTX XAU-USDT+0.1001%4h4,330+0.235%$3.2M$7.1M75xas long as short