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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.024%
Price spread now: gTrade (Gains Network) against Pacifica−0.008%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2782.777% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.025%−$3 on $10k
Price spread, last 3 days (all we have)+0.074%+$7 · spread now −0.008%, 7d avg −0.020%
Together, before fees+0.049%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,3550.0100pay 0.0013% / 1h13m 10s$1.4M$1.2M10x
ShortgTrade (Gains Network) XAU/USD4,354.7L +0.0002% / S −0.0003%get 0.0000% / 1h13m 10s$267K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.35
Price spread: −0.008% → −0.020%
$1.26
Slippage, 4 orders
−$262.68
Fee Pacifica: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Net
−$296.78
Costs to cover
2.777%
Break-even
never at this rate
Slippage from Pacifica: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 36 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 Pacifica live order book, 1 min ago0.12 bp6.3 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 36 min ago130.01 bp133.5 bp −$134243.0 bp −$2,4301975.4 bp −$197.5Kdoesn'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
Kraken Futures PF_XAUUSD−0.0175%1h4,355.7+0.016%$601K$139K25xas long as short
Aster XAUUSD10.0000%4h4,359.1+0.093%$71.4M$234.1M20xas long as short
Binance XAUUSDT0.0000%4h4,357.7+0.063%$409.8M$2.09B100xas long as short
Bybit XAUUSDT0.0000%4h4,359.1+0.093%$82.8M$141.4M150xas long as short
RISEx XAU/USDC0.0000%1h4,358+0.069%$3.5M$12.4M25xas long as short
Gate XAU_USDT0.0000%4h4,359.6+0.106%$271.3M$410.1M100xas long as short
MEXC XAU_USDT0.0000%4h4,357.8+0.064%$377.3M$352.7M1000xas long as short
Bitget XAUUSDT0.0000%4h4,358+0.068%$67.1M$109.5M100xas long as short
Variational Omni XAU0.0000%4h4,355.2+0.005%$48.5M$31.5Mas long as short
GRVT XAU_USDT_Perp0.0000%4h4,355.5+0.012%$1.4M$3.1M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP0.0000%24h4,355.3+0.007%$4.0M$34.4M15xas long as short
SunX XAU-USDT0.0000%4h4,362.2+0.166%$93K$10.7M20xas long as short
gTrade (Gains Network) XAU/USDshortL +0.0002% / S −0.0003%1h4,354.7−0.008%$267K250x
QFEX GOLD-USD+0.0002%1h4,357.3+0.053%$5.6M$1.7M20xas long as short
edgeX XAUUSDC+0.0017%4h4,350.9−0.095%$30.3M$58.3M50xas long as short
tradeXYZ xyz:GOLD+0.0019%1h4,354−0.023%$293.0M$52.9M25xas long as short
Lighter XAU+0.0032%1h4,357.4+0.056%$21.0M$44.5M25xas long as short
Lighter RH XAU+0.0032%1h4,359.5+0.103%$20.3M$42.1M25xas long as short
Extended XAU-USD+0.0032%1h4,354.9−0.002%$13.0M$48.1M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.105%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,356.1+0.025%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,392.2+0.854%$1.0M25xas long as short
Paradex XAU-USD-PERP+0.0050%8h4,357.8+0.063%$19K$6K5xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,354.2−0.020%$14.4M$55.5M25xas long as short
Polymarket Perps GOLD-USD+0.0056%1h4,358+0.069%$4.3M$1.7M20xas long as short
Hotstuff GOLD-PERP+0.0072%1h4,353.8−0.028%$33K25xas long as short
Aevo XAU-PERP+0.0080%1h4,357+0.045%$161K$8710xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0094%1h4,356.6+0.037%$235K$734K25xas long as short
Bullet GOLD-USD+0.0099%1h4,357.9+0.066%$60K$85K10xas long as short
Pacifica XAUlong+0.0100%1h4,355long leg$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,353.2−0.041%$273K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,350.6−0.101%$26K$21K20xas long as short
HTX XAU-USDT+0.0106%4h4,361.1+0.140%$2.8M$3.8M75xas long as short
Phoenix GOLD+0.0109%1h4,352.9−0.048%$48K$65K25xas long as short
OKX XAU-USDT-SWAP+0.0157%8h4,359.2+0.096%$158.9M$267.1M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0208%1h4,354.9−0.002%$2.0M$5.1M25xas long as short
BloFin XAU-USDT+0.0240%4h4,356+0.023%$14.8M$4.3M100xas long as short
Phemex XAUUSDT+0.0293%4h4,360.6+0.129%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,358+0.069%$251K111xas long as short