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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%
Price spread now: Pacifica against Injective−0.157%7-day average · you buy dearer than you sell
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 4 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
Funding pays, the price is against you. Pacifica is 0.157% cheaper against Injective than usual: you would sell low and buy high (spread −0.157% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 7.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h54m 43s$619$5452x
ShortPacifica XAU4,343.60.0100get 0.0013% / 1h54m 43s$1.4M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Injective. 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
$14
Price spread: −0.157% → 0.000%
−$15.68
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$9.7
Costs to cover
0.080%
Break-even
11.8 days
Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 4 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 Injective no order-book sample
Sell Pacifica live order book, 4 min ago0.12 bp4.2 bp −$4doesn't fitdoesn't fitdoesn't fit
Injective: 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
Bluefin GOLD-PERP−0.0153%1h4,340−0.239%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,351.2+0.018%$92K$8.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.1−0.168%$272K250xas long as short
Extended XAU-USD+0.0032%1h4,342.4−0.184%$13.2M$37.3M25xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
StandX XAU-USD+0.0040%1h4,345.3−0.118%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,345.9−0.104%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,379.6+0.671%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,346.3−0.094%$20.7M$30.2M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,343.4−0.161%$293.7M$49.3M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,343.8−0.152%$15.1M$56.7M25xas long as short
Kalshi KXGOLDPERP+0.0053%24h4,345.3−0.118%$4.3M$39.2M15xas long as short
RISEx XAU/USDC+0.0054%1h4,347.6−0.065%$3.7M$12.6M25xas long as short
Bybit XAUUSDT+0.0060%4h4,348.6−0.043%$80.1M$151.9M150xas long as short
Paradex XAU-USD-PERP+0.0070%8h4,347.3−0.071%$19K$5K5xas long as short
Gate XAU_USDT+0.0070%4h4,348.2−0.050%$269.1M$395.3M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,344.9−0.127%$2.1M$4.7M25xas long as short
Pacifica XAUshort+0.0100%1h4,343.6−0.157%$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,343.3−0.163%$274K$203K50xas long as short
Lighter RH XAU+0.0104%1h4,348.8−0.038%$20.1M$38.0M25xas long as short
Aster XAUUSD1+0.0105%4h4,349−0.033%$71.6M$331.2M20xas long as short
Variational Omni XAU+0.0105%4h4,347−0.078%$48.4M$27.7Mas long as short
Aevo XAU-PERP+0.0112%1h4,346.1−0.099%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,347.3−0.071%$370.1M$317.1M1000xas long as short
Binance XAUUSDT+0.0118%4h4,347.2−0.074%$419.1M$2.09B100xas long as short
edgeX XAUUSDC+0.0121%4h4,341.7−0.201%$30.2M$57.9M50xas long as short
GRVT XAU_USDT_Perp+0.0126%4h4,346.6−0.088%$1.4M$2.9M25xas long as short
Hotstuff GOLD-PERP+0.0136%1h4,343.5−0.159%$33K25xas long as short
Phoenix GOLD+0.0136%1h4,343.3−0.164%$47K$77K25xas long as short
Bullet GOLD-USD+0.0164%1h4,347−0.078%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,345.7−0.108%$203K$825K25xas long as short
Polymarket Perps GOLD-USD+0.0166%1h4,346.5−0.090%$4.2M$2.0M20xas long as short
Phemex XAUUSDT+0.0214%4h4,349.7−0.016%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0247%1h4,343.4−0.162%$591K$130K25xas long as short
Bitget XAUUSDT+0.0276%4h4,347.1−0.076%$71.2M$108.2M100xas long as short
HTX XAU-USDT+0.0319%4h4,349.5−0.022%$2.8M$4.6M75xas long as short
OKX XAU-USDT-SWAP+0.0333%8h4,348.8−0.037%$167.8M$282.6M100xas long as short
BloFin XAU-USDT+0.0359%4h4,347−0.078%$15.8M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,347−0.078%$250K111xas long as short