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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.032%
Price spread now: Pacifica against OKX−0.053%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 7 days−0.033%−$3 · spread now −0.053%, 7d avg −0.105%
Together, before fees−0.043%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.052% dearer against OKX than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.105%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.010% in total) that is about 37 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XAU-USDT-SWAP4,316.30.0272pay 0.0272% / 8h22m 26s$174.5M$303.5M100x
ShortPacifica XAU4,3140.0100get 0.0013% / 1h22m 26s$1.4M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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
−$36.02
Price spread: −0.053% → −0.105%
$5.2
Slippage, 4 orders
−$3.01
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$51.83
Costs to cover
0.210%
Break-even
never at this rate
Slippage from OKX: 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 OKX live order book, 2 min ago0.12 bp5.1 bp −$55.1 bp −$517.1 bp −$71215.7 bp −$7,847
Sell Pacifica live order book, 2 min ago0.12 bp4.7 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%4h4,320.2+0.091%$92K$7.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,312.3−0.094%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.790%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,319.8+0.081%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,315.5−0.019%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,348.6+0.748%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,312.6−0.086%$290.8M$51.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,313.7−0.060%$15.0M$55.5M25xas long as short
Aster XAUUSD1+0.0057%4h4,317.1+0.019%$72.8M$272.1M20xas long as short
Bybit XAUUSDT+0.0062%4h4,316.8+0.012%$77.6M$154.7M150xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAU+0.0064%1h4,316.9+0.013%$20.3M$30.0M25xas long as short
Paradex XAU-USD-PERP+0.0064%8h4,317.1+0.018%$2K$14K5xas long as short
Hotstuff GOLD-PERP+0.0072%1h4,314.2−0.049%$32K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,313.3−0.070%$2.1M$4.9M25xas long as short
Bluefin GOLD-PERP+0.0085%1h4,309.6−0.155%$25K$1K20xas long as short
Variational Omni XAU+0.0093%4h4,313.6−0.063%$47.0M$29.2Mas long as short
Kalshi KXGOLDPERP+0.0095%24h4,318.4+0.049%$3.7M$44.9M15xas long as short
Phoenix GOLD+0.0096%1h4,311.3−0.116%$42K$79K25xas long as short
Pacifica XAUshort+0.0100%1h4,314−0.053%$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,312.6−0.087%$272K$209K50xas long as short
MEXC XAU_USDT+0.0104%4h4,316.2−0.002%$362.6M$333.9M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,315.8−0.012%$160K$8710xas long as short
edgeX XAUUSDC+0.0104%4h4,311.1−0.121%$30.0M$60.0M50xas long as short
Binance XAUUSDT+0.0106%4h4,316−0.006%$425.9M$2.16B100xas long as short
Gate XAU_USDT+0.0108%4h4,317.9+0.037%$283.2M$422.5M100xas long as short
GRVT XAU_USDT_Perp+0.0108%4h4,315.9−0.009%$1.4M$3.0M25xas long as short
Lighter RH XAU+0.0112%1h4,319.1+0.064%$20.0M$39.6M25xas long as short
Extended XAU-USD+0.0128%1h4,312.3−0.092%$13.2M$36.8M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0167%1h4,314.8−0.035%$162K$876K25xas long as short
Bitget XAUUSDT+0.0192%4h4,315.7−0.015%$70.2M$121.0M100xas long as short
Bullet GOLD-USD+0.0204%1h4,316.2−0.002%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,316.4+0.002%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,313.9−0.056%$574K$138K25xas long as short
OKX XAU-USDT-SWAPlong+0.0272%8h4,316.3long leg$174.5M$303.5M100x
BloFin XAU-USDT+0.0346%4h4,317.9+0.037%$16.5M$4.9M100xas long as short
Phemex XAUUSDT+0.0423%4h4,317.8+0.034%$2.2M$976K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0311%1h4,316.2−0.002%$254K111xas long as short
HTX XAU-USDT+0.0485%4h4,323.7+0.172%$3.2M$6.0M75xas long as short
RISEx XAU/USDC+0.0643%1h4,317.7+0.032%$4.5M$13.3M25xas long as short