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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Pacifica against gTrade (Gains Network)+0.019%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2762.760% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.037%+$4 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.019%, 7d avg +0.018%
Together, before fees−0.049%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAU/USD4,302.6L +0.0002% / S −0.0003%pay 0.0000% / 1h32m 22s$273K250x
ShortPacifica XAU4,303.40.0100get 0.0013% / 1h32m 22s$1.4M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against gTrade (Gains Network). 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
$20.5
Price spread: +0.019% → +0.018%
$0.11
Slippage, 4 orders
−$260.97
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$255.37
Costs to cover
2.760%
Break-even
94.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 32 min ago; Pacifica: live order book, 7 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 gTrade (Gains Network) virtual book (oracle venue), 32 min ago130.01 bp133.5 bp −$134196.7 bp −$1,9671352.9 bp −$135.3K5907.8 bp −$2.95M
Sell Pacifica live order book, 7 min ago0.12 bp4.6 bp −$5doesn't fitdoesn't fitdoesn't fit

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
SunX XAU-USDT0.0000%4h4,310.6+0.187%$92K$6.8M20xas long as short
gTrade (Gains Network) XAU/USDlongL +0.0002% / S −0.0003%1h4,302.6long leg$273K250x
Hotstuff GOLD-PERP+0.0008%1h4,304.5+0.044%$32K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.111%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,307.5+0.114%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,339+0.846%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,305.9+0.077%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,304.4+0.042%$291.0M$54.0M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,304.4+0.042%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,303.9+0.031%$15.0M$55.9M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAUUSD1+0.0054%4h4,308.4+0.134%$73.4M$271.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,305.8+0.074%$2.0M$5.1M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,306.9+0.099%$2K$13K5xas long as short
Extended XAU-USD+0.0072%1h4,303.4+0.018%$13.1M$36.3M25xas long as short
GRVT XAU_USDT_Perp+0.0074%4h4,307.8+0.120%$1.4M$3.0M25xas long as short
Lighter XAU+0.0080%1h4,306.9+0.099%$20.3M$28.9M25xas long as short
Variational Omni XAU+0.0089%4h4,305.9+0.077%$46.6M$29.2Mas long as short
Phoenix GOLD+0.0095%1h4,306.2+0.084%$42K$86K25xas long as short
Pacifica XAUshort+0.0100%1h4,303.4+0.019%$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,305.2+0.060%$275K$218K50xas long as short
Lighter RH XAU+0.0104%1h4,309.4+0.158%$19.8M$40.0M25xas long as short
MEXC XAU_USDT+0.0104%4h4,307.4+0.112%$353.1M$338.2M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,308.1+0.127%$160K$8710xas long as short
Binance XAUUSDT+0.0107%4h4,307+0.102%$436.0M$2.23B100xas long as short
edgeX XAUUSDC+0.0109%4h4,305.9+0.076%$30.0M$61.8M50xas long as short
Kalshi KXGOLDPERP+0.0110%24h4,308.8+0.144%$3.7M$46.5M15xas long as short
Bybit XAUUSDT+0.0117%4h4,307.9+0.124%$77.6M$157.8M150xas long as short
RISEx XAU/USDC+0.0126%1h4,306.9+0.100%$4.4M$13.1M25xas long as short
Gate XAU_USDT+0.0158%4h4,309+0.149%$296.7M$428.1M100xas long as short
Bitget XAUUSDT+0.0192%4h4,307.8+0.122%$70.6M$125.3M100xas long as short
Bullet GOLD-USD+0.0197%1h4,306.9+0.101%$58K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0238%1h4,305.2+0.060%$134K$847K25xas long as short
OKX XAU-USDT-SWAP+0.0250%8h4,307.7+0.119%$171.3M$330.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,304+0.031%$572K$138K25xas long as short
BloFin XAU-USDT+0.0381%4h4,306.9+0.101%$16.2M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0467% / S −0.0314%1h4,306.9+0.099%$255K111xas long as short
Phemex XAUUSDT+0.0540%4h4,311+0.195%$2.2M$956K100xas long as short
HTX XAU-USDT+0.1150%4h4,313.6+0.256%$3.2M$6.2M75xas long as short
Bluefin GOLD-PERP+0.3784%1h4,302.6−0.001%$25K$1K20xas long as short