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+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.016%
Price spread now: Bullet against Pacifica+0.147%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 airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bullet is 0.147% dearer against Pacifica than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,342.90.0100pay 0.0013% / 1h52m 08s$1.4M$1.1M10x
ShortBullet GOLD-USD4,349.30.0175get 0.0022% / 1h52m 08s$59K$82K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Pacifica. 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
$15.72
Price spread: +0.147% → 0.000%
$14.74
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
$14.46
Costs to cover
0.160%
Break-even
0.6 days
Slippage unknown: Pacifica: live order book, 2 min ago; Bullet: no order-book sample. 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 Pacifica live order book, 2 min ago0.12 bp4.6 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Bullet no order-book sample
Bullet: 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−0.0129%1h4,342.8−0.002%$25K$14K20xas long as short
Hotstuff GOLD-PERP0.0000%1h4,342.8−0.002%$33K25xas long as short
SunX XAU-USDT0.0000%4h4,351+0.186%$92K$8.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,346.3+0.078%$272K250xas long as short
Extended XAU-USD+0.0032%1h4,345.5+0.060%$13.2M$37.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.173%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,347.6+0.108%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,344.5+0.037%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,380.9+0.875%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,345.4+0.058%$293.6M$49.5M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,344.1+0.029%$15.1M$56.7M25xas long as short
Kalshi KXGOLDPERP+0.0053%24h4,347.3+0.101%$4.2M$39.4M15xas long as short
RISEx XAU/USDC+0.0054%1h4,347.6+0.109%$3.7M$12.6M25xas long as short
Lighter XAU+0.0056%1h4,349.1+0.144%$20.7M$30.3M25xas long as short
Bybit XAUUSDT+0.0064%4h4,351.1+0.190%$80.2M$151.8M150xas long as short
Paradex XAU-USD-PERP+0.0071%8h4,345.9+0.070%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,347+0.094%$2.1M$4.7M25xas long as short
Gate XAU_USDT+0.0078%4h4,351.1+0.189%$268.9M$395.9M100xas long as short
Pacifica XAUlong+0.0100%1h4,342.9long leg$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,343.3+0.009%$274K$203K50xas long as short
Variational Omni XAU+0.0105%4h4,347+0.095%$48.4M$27.7Mas long as short
Aster XAUUSD1+0.0106%4h4,350.4+0.172%$71.6M$331.2M20xas long as short
Lighter RH XAU+0.0112%1h4,351.3+0.193%$20.1M$38.0M25xas long as short
Aevo XAU-PERP+0.0112%1h4,348+0.118%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,349.8+0.159%$370.3M$317.3M1000xas long as short
Binance XAUUSDT+0.0119%4h4,349.8+0.159%$419.4M$2.09B100xas long as short
GRVT XAU_USDT_Perp+0.0126%4h4,346.6+0.085%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0127%1h4,344.5+0.037%$47K$77K25xas long as short
edgeX XAUUSDC+0.0133%4h4,343.2+0.007%$30.2M$58.0M50xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,348.6+0.131%$204K$826K25xas long as short
Polymarket Perps GOLD-USD+0.0175%1h4,347.7+0.111%$4.2M$2.0M20xas long as short
Bullet GOLD-USDshort+0.0175%1h4,349.3+0.147%$59K$82K10x
Phemex XAUUSDT+0.0231%4h4,350.1+0.165%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0246%1h4,346+0.071%$591K$130K25xas long as short
Bitget XAUUSDT+0.0278%4h4,350.1+0.167%$71.4M$108.3M100xas long as short
HTX XAU-USDT+0.0316%4h4,350.8+0.182%$2.8M$4.6M75xas long as short
OKX XAU-USDT-SWAP+0.0335%8h4,350.7+0.180%$167.9M$282.4M100xas long as short
BloFin XAU-USDT+0.0359%4h4,346.7+0.087%$15.8M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,349.6+0.155%$251K111xas long as short