Funding you earn now, next payment 01:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.02 per $10,000 · paid last 24h +0.007%
Price spread now: Aevo against Pacifica−0.053%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 3 days (all we have)+0.173%+$17 · spread now −0.053%, 7d avg +0.064%
=Together, before fees+0.242%+ Points / potential airdropPacifica: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.118% cheaper against Pacifica than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.064%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAU | 4,375 | 0.0100 | pay 0.0013% / 1h | 56m 20s | $1.4M | $1.2M | 10x |
| Short | Aevo XAU-PERP | 4,372.7 | 0.0080 | get 0.0010% / 1h | 56m 20s | $162K | $87 | 10x |
Pacifica XAU
Aevo XAU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.2
- Price spread: −0.053% → +0.064%
- −$11.76
- Slippage, 4 orders
- −$15.98
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$55.93
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 3 min ago; Aevo: live order book, 17 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 3 min ago | 0.11 bp | 5.0 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo live order book, 17 min ago | 5.30 bp | 14.9 bp −$15 | 27.8 bp −$278 | doesn't fit | doesn't fit |
XAU on 39 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix GOLD | −0.0004% | 1h | 4,368.5 | −0.149% | $48K | $64K | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,376.7 | +0.039% | $72.0M | $215.4M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,376.5 | +0.035% | $410.5M | $2.15B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,377.1 | +0.049% | $82.0M | $144.1M | 150x | as long as short |
| Hotstuff GOLD-PERP | 0.0000% | 1h | 4,375.6 | +0.014% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,376.4 | +0.031% | $266.9M | $406.2M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,375.9 | +0.020% | $374.2M | $319.8M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,375.1 | +0.003% | $69.7M | $114.5M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,377.8 | +0.064% | $48.7M | $28.0M | — | as long as short |
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,373.8 | −0.027% | $1.4M | $3.2M | 25x | as long as short |
Phoenix GOLD
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
Hotstuff GOLD-PERP
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_PerpShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,375.3 | +0.007% | $4.0M | $36.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,379.9 | +0.112% | $93K | $10.4M | 20x | as long as short |
| Phemex XAUUSDT | 0.0000% | 4h | 4,377.4 | +0.054% | $2.2M | $1.1M | 100x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,371.5 | −0.080% | $268K | — | 250x | as long as short |
| edgeX XAUUSDC | +0.0008% | 4h | 4,366.5 | −0.194% | $30.4M | $59.5M | 50x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,377.9 | +0.066% | $20.2M | $40.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.562% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,375.3 | +0.007% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,376.9 | +0.043% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,411.8 | +0.841% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,378 | +0.069% | $3.4M | $12.3M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,372.9 | −0.048% | $294.9M | $53.2M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,373.5 | −0.034% | $14.7M | $57.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0062% | 8h | 4,377.8 | +0.065% | $19K | $5K | 5x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,374.5 | −0.011% | $20.7M | $43.0M | 25x | as long as short |
| Aevo XAU-PERPshort | +0.0080% | 1h | 4,372.7 | −0.053% | $162K | $87 | 10x | |
| Polymarket Perps GOLD-USD | +0.0092% | 1h | 4,376.7 | +0.039% | $4.3M | $1.8M | 20x | as long as short |
| Extended XAU-USD | +0.0096% | 1h | 4,372 | −0.068% | $13.2M | $44.3M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,373.2 | −0.041% | $2.0M | $5.1M | 25x | as long as short |
| Pacifica XAUlong | +0.0100% | 1h | 4,375 | long leg | $1.4M | $1.2M | 10x | |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,370.4 | −0.105% | $277K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,369.6 | −0.124% | $26K | $22K | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0139% | 1h | 4,373.8 | −0.027% | $236K | $654K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0164% | 8h | 4,378.4 | +0.078% | $161.0M | $280.1M | 100x | as long as short |
| Bullet GOLD-USD | +0.0177% | 1h | 4,376.6 | +0.037% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,373.8 | −0.029% | $596K | $154K | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,376.2 | +0.028% | $14.8M | $4.6M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0390% / S −0.0197% | 1h | 4,375.9 | +0.021% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0530% | 4h | 4,380.9 | +0.134% | $2.9M | $3.8M | 75x | as long as short |
Kalshi KXGOLDPERP
SunX XAU-USDT
Phemex XAUUSDT
gTrade (Gains Network) XAU/USD
edgeX XAUUSDC
Lighter RH XAU
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Paradex XAU-USD-PERP
Lighter XAU
Polymarket Perps GOLD-USD
Extended XAU-USD
Coinbase International GOLD-PERP-INTX
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT