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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.012%
Price spread now: Pacifica against Hotstuff+0.019%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Pacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,350.6−0.0016get 0.0002% / 1h31m 38s$33K25x
ShortPacifica XAU4,351.40.0100get 0.0013% / 1h31m 38s$1.4M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Hotstuff. 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
$24.36
Price spread: +0.019% → 0.000%
$1.92
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$13.28
Costs to cover
0.130%
Break-even
3.2 days
Slippage unknown: Hotstuff: no order-book sample; Pacifica: live order book, 2 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 Hotstuff no order-book sample
Sell Pacifica live order book, 2 min ago0.12 bp4.8 bp −$5doesn't fitdoesn't fitdoesn't fit
Hotstuff: 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 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
Kraken Futures PF_XAUUSD−0.0175%1h4,352.1+0.035%$600K$141K25xas long as short
Hotstuff GOLD-PERPlong−0.0016%1h4,350.6long leg$33K25x
Aster XAUUSD10.0000%4h4,355.1+0.104%$71.3M$234.5M20xas long as short
Binance XAUUSDT0.0000%4h4,354.4+0.087%$409.3M$2.09B100xas long as short
Bybit XAUUSDT0.0000%4h4,355.1+0.103%$82.5M$141.2M150xas long as short
RISEx XAU/USDC0.0000%1h4,354.4+0.087%$3.5M$12.5M25xas long as short
Gate XAU_USDT0.0000%4h4,355.7+0.117%$271.1M$408.6M100xas long as short
MEXC XAU_USDT0.0000%4h4,354.4+0.086%$377.8M$351.1M1000xas long as short
Bitget XAUUSDT0.0000%4h4,354.7+0.093%$66.9M$110.5M100xas long as short
Variational Omni XAU0.0000%4h4,353.9+0.077%$48.0M$32.0Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XAU_USDT_Perp0.0000%4h4,354.8+0.096%$1.4M$3.2M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,351.1+0.011%$4.0M$34.3M15xas long as short
SunX XAU-USDT0.0000%4h4,357.6+0.160%$93K$10.7M20xas long as short
Deribit GOLD_USDC-PERPETUAL0.0000%1h4,352.8+0.051%$221K$811K25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,351.3+0.015%$267K250xas long as short
QFEX GOLD-USD+0.0002%1h4,353.8+0.074%$5.6M$1.9M20xas long as short
edgeX XAUUSDC+0.0007%4h4,349.9−0.016%$30.3M$58.4M50xas long as short
tradeXYZ xyz:GOLD+0.0012%1h4,350.9+0.007%$292.8M$53.0M25xas long as short
Lighter XAU+0.0032%1h4,353.6+0.068%$21.0M$44.1M25xas long as short
Lighter RH XAU+0.0032%1h4,355.5+0.113%$20.2M$41.8M25xas long as short
Extended XAU-USD+0.0032%1h4,351.2+0.014%$13.0M$49.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.004%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,354.2+0.083%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,388.7+0.876%$1.0M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,353.6+0.069%$4.3M$1.7M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,350.3−0.006%$14.4M$55.6M25xas long as short
Paradex XAU-USD-PERP+0.0050%8h4,354.1+0.081%$19K$6K5xas long as short
HTX XAU-USDT+0.0079%4h4,357.6+0.161%$2.8M$3.8M75xas long as short
Aevo XAU-PERP+0.0080%1h4,353.2+0.059%$161K$8710xas long as short
Bullet GOLD-USD+0.0095%1h4,354+0.078%$59K$85K10xas long as short
Pacifica XAUshort+0.0100%1h4,351.4+0.019%$1.4M$1.3M10x
ApeX Omni XAUUSDT+0.0100%1h4,352.4+0.042%$273K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,348.4−0.051%$26K$21K20xas long as short
Phoenix GOLD+0.0109%1h4,351.8+0.028%$48K$65K25xas long as short
OKX XAU-USDT-SWAP+0.0157%8h4,355.3+0.108%$158.8M$267.1M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0208%1h4,351.4+0.018%$2.0M$5.1M25xas long as short
BloFin XAU-USDT+0.0240%4h4,354.1+0.081%$14.8M$4.3M100xas long as short
Phemex XAUUSDT+0.0324%4h4,357.6+0.162%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0388% / S −0.0197%1h4,354.3+0.085%$251K29xas long as short