XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.012%

Price spread now: Extended against Pacifica−0.033%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$150.150% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days+0.119%+$12 · spread now −0.033%, 7d avg +0.006%

Together, before fees+0.060%+ Points / potential airdropPacifica: Active · Extended: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.039% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAU	4,359.5	0.0100	pay 0.0013% / 1h	7m 04s	$1.4M	$1.2M	10x
Short	Extended XAU-USD	4,358.1	0.0032	get 0.0004% / 1h	7m 04s	$13.5M	$43.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee PacificabpFee ExtendedbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$14.28
Price spread: −0.033% → +0.006%: −$3.9
Slippage, 4 orders: −$2.02
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$33.21
Costs to cover: 0.150%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago	0.23 bp	4.7 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.12 bp	2.6 bp −$3	3.6 bp −$36	7.1 bp −$712	29.7 bp −$14.8K

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
Aster XAUUSD1	0.0000%	4h	4,363.3	+0.086%	$70.3M	$213.2M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,363.6	+0.093%	$265.2M	$422.0M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,359.4	−0.002%	$4.0M	$36.7M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,366.4	+0.157%	$93K	$10.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,358.1	−0.033%	$269K	—	250x	as long as short
Variational Omni XAU	+0.0022%	4h	4,358.7	−0.019%	$48.4M	$28.5M	—	as long as short
Extended XAU-USDshort	+0.0032%	1h	4,358.1	−0.033%	$13.5M	$43.5M	25x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.208%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,362.7	+0.073%	$3.8M	$4.7M	40x	as long as short
MEXC XAU_USDT	+0.0042%	4h	4,362.8	+0.075%	$372.0M	$330.9M	1000x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XAUUSDT	+0.0045%	4h	4,362.6	+0.071%	$411.6M	$2.15B	100x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,361.2	+0.039%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,395.7	+0.830%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,362.2	+0.062%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,359	−0.011%	$294.0M	$51.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,357.7	−0.040%	$14.7M	$57.2M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,357.7	−0.041%	$48K	$64K	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,358.5	−0.023%	$33K	—	25x	as long as short
edgeX XAUUSDC	+0.0057%	4h	4,354.2	−0.122%	$30.3M	$60.3M	50x	as long as short
Lighter XAU	+0.0072%	1h	4,361.8	+0.053%	$20.6M	$44.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,361.8	+0.053%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,361.3	+0.041%	$162K	$87	10x	as long as short
Bitget XAUUSDT	+0.0094%	4h	4,362.5	+0.068%	$69.0M	$112.3M	100x	as long as short
Lighter RH XAU	+0.0096%	1h	4,364.2	+0.108%	$20.2M	$41.4M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,359.8	+0.007%	$2.0M	$5.1M	25x	as long as short
Pacifica XAUlong	+0.0100%	1h	4,359.5	long leg	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.9	−0.037%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,355.1	−0.102%	$26K	$22K	20x	as long as short
Polymarket Perps GOLD-USD	+0.0119%	1h	4,361	+0.034%	$4.3M	$1.8M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0136%	4h	4,361.6	+0.049%	$1.4M	$3.1M	25x	as long as short
BloFin XAU-USDT	+0.0179%	4h	4,362.2	+0.063%	$15.4M	$4.6M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0186%	1h	4,360.8	+0.030%	$235K	$658K	25x	as long as short
Bybit XAUUSDT	+0.0199%	4h	4,363.3	+0.086%	$83.8M	$144.9M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0211%	8h	4,363.7	+0.096%	$164.2M	$288.9M	100x	as long as short
Bullet GOLD-USD	+0.0212%	1h	4,362.2	+0.063%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,359.5	−0.001%	$595K	$141K	25x	as long as short
Phemex XAUUSDT	+0.0275%	4h	4,363.8	+0.098%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,362.2	+0.063%	$252K	—	111x	as long as short
HTX XAU-USDT	+0.0558%	4h	4,367.1	+0.174%	$2.9M	$3.9M	75x	as long as short