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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.021%
Price spread now: GMX against Pacifica+0.101%7-day average +0.085% · 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)+0.116%+$12 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now +0.101%, 7d avg +0.085%
Together, before fees+0.116%+ Points / potential airdropPacifica: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.085%, 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 XAU4,348.10.0100pay 0.0013% / 1h3m 17s$1.4M$1.2M10x
ShortGMX GOLD/USD [ETH-USDC]4,352.5L +0.0394% / S −0.0202%get 0.0025% / 1h3m 17s$251K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$21.51
Price spread: +0.101% → +0.085%
$1.6
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$3.11
Costs to cover
0.200%
Break-even
6.0 days
Slippage unknown: Pacifica: live order book, 6 min ago; GMX: 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, 6 min ago0.12 bp5.0 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 38 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
Gate XAU_USDT0.0000%4h4,353.9+0.133%$263.4M$417.6M100xas long as short
SunX XAU-USDT0.0000%4h4,355.1+0.161%$93K$9.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,348.2+0.003%$269K250xas long as short
Hotstuff GOLD-PERP+0.0024%1h4,347.9−0.005%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,348.1−0.001%$13.5M$41.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.053%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0035%24h4,349.4+0.030%$4.1M$36.1M15xas long as short
StandX XAU-USD+0.0040%1h4,352.9+0.110%$3.8M$4.6M40xas long as short
Vest GC-PERP+0.0046%1h4,384.9+0.846%$1.0M25xas long as short
Aster XAUUSD1+0.0050%4h4,353.4+0.122%$70.3M$317.8M20xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,349.2+0.025%$293.5M$49.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,347.9−0.004%$15.0M$58.0M25xas long as short
QFEX GOLD-USD+0.0051%1h4,350+0.044%$5.5M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,351.4+0.075%$20.6M$43.8M25xas long as short
Lighter RH XAU+0.0064%1h4,353.9+0.133%$20.1M$41.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,348.10.000%$2.0M$4.9M25xas long as short
Polymarket Perps GOLD-USD+0.0087%1h4,351.1+0.069%$4.3M$1.9M20xas long as short
Paradex XAU-USD-PERP+0.0087%8h4,350.6+0.058%$19K$5K5xas long as short
Variational Omni XAU+0.0100%4h4,351.1+0.070%$48.2M$28.0Mas long as short
Pacifica XAUlong+0.0100%1h4,348.1long leg$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,347.2−0.021%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,345.1−0.068%$25K$14K20xas long as short
Aevo XAU-PERP+0.0112%1h4,350.9+0.063%$161K$8710xas long as short
MEXC XAU_USDT+0.0114%4h4,353.2+0.118%$373.2M$325.3M1000xas long as short
Binance XAUUSDT+0.0115%4h4,353.1+0.115%$410.2M$2.10B100xas long as short
Phoenix GOLD+0.0121%1h4,349.6+0.034%$47K$64K25xas long as short
edgeX XAUUSDC+0.0126%4h4,344.8−0.076%$30.2M$59.1M50xas long as short
GRVT XAU_USDT_Perp+0.0132%4h4,351.3+0.073%$1.4M$3.0M25xas long as short
RISEx XAU/USDC+0.0135%1h4,350.8+0.063%$3.4M$12.4M25xas long as short
Bullet GOLD-USD+0.0176%1h4,352.5+0.101%$59K$83K10xas long as short
Bybit XAUUSDT+0.0199%4h4,354.7+0.151%$84.0M$145.0M150xas long as short
Bitget XAUUSDT+0.0202%4h4,353.7+0.129%$69.5M$109.5M100xas long as short
OKX XAU-USDT-SWAP+0.0246%8h4,354.3+0.143%$164.7M$281.7M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0256%1h4,350.9+0.064%$260K$693K25xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,349.1+0.022%$593K$133K25xas long as short
Phemex XAUUSDT+0.0351%4h4,353.2+0.118%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]shortL +0.0394% / S −0.0202%1h4,352.5+0.101%$251K111x
HTX XAU-USDT+0.0612%4h4,356.8+0.199%$2.9M$4.1M75xas long as short