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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAU | 4,348.1 | 0.0100 | pay 0.0013% / 1h | 3m 17s | $1.4M | $1.2M | 10x |
| Short | GMX GOLD/USD [ETH-USDC] | 4,352.5 | L +0.0394% / S −0.0202% | get 0.0025% / 1h | 3m 17s | $251K | — | 111x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 6 min ago | 0.12 bp | 5.0 bp −$5 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAU_USDT | 0.0000% | 4h | 4,353.9 | +0.133% | $263.4M | $417.6M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,355.1 | +0.161% | $93K | $9.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,348.2 | +0.003% | $269K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,347.9 | −0.005% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,348.1 | −0.001% | $13.5M | $41.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.053% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0035% | 24h | 4,349.4 | +0.030% | $4.1M | $36.1M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,352.9 | +0.110% | $3.8M | $4.6M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,384.9 | +0.846% | — | $1.0M | 25x | as long as short |
| Aster XAUUSD1 | +0.0050% | 4h | 4,353.4 | +0.122% | $70.3M | $317.8M | 20x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,349.2 | +0.025% | $293.5M | $49.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,347.9 | −0.004% | $15.0M | $58.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,350 | +0.044% | $5.5M | $1.9M | 20x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,351.4 | +0.075% | $20.6M | $43.8M | 25x | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,353.9 | +0.133% | $20.1M | $41.1M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,348.1 | 0.000% | $2.0M | $4.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0087% | 1h | 4,351.1 | +0.069% | $4.3M | $1.9M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0087% | 8h | 4,350.6 | +0.058% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0100% | 4h | 4,351.1 | +0.070% | $48.2M | $28.0M | — | as long as short |
| Pacifica XAUlong | +0.0100% | 1h | 4,348.1 | long leg | $1.4M | $1.2M | 10x | |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,347.2 | −0.021% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,345.1 | −0.068% | $25K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,350.9 | +0.063% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0114% | 4h | 4,353.2 | +0.118% | $373.2M | $325.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0115% | 4h | 4,353.1 | +0.115% | $410.2M | $2.10B | 100x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,349.6 | +0.034% | $47K | $64K | 25x | as long as short |
| edgeX XAUUSDC | +0.0126% | 4h | 4,344.8 | −0.076% | $30.2M | $59.1M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0132% | 4h | 4,351.3 | +0.073% | $1.4M | $3.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,350.8 | +0.063% | $3.4M | $12.4M | 25x | as long as short |
| Bullet GOLD-USD | +0.0176% | 1h | 4,352.5 | +0.101% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0199% | 4h | 4,354.7 | +0.151% | $84.0M | $145.0M | 150x | as long as short |
| Bitget XAUUSDT | +0.0202% | 4h | 4,353.7 | +0.129% | $69.5M | $109.5M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0246% | 8h | 4,354.3 | +0.143% | $164.7M | $281.7M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0256% | 1h | 4,350.9 | +0.064% | $260K | $693K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,349.1 | +0.022% | $593K | $133K | 25x | as long as short |
| Phemex XAUUSDT | +0.0351% | 4h | 4,353.2 | +0.118% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC]short | L +0.0394% / S −0.0202% | 1h | 4,352.5 | +0.101% | $251K | — | 111x | |
| HTX XAU-USDT | +0.0612% | 4h | 4,356.8 | +0.199% | $2.9M | $4.1M | 75x | as long as short |
Pacifica XAU
GMX GOLD/USD [ETH-USDC]
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USD
Aster XAUUSD1
tradeXYZ xyz:GOLD
Lighter XAU
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Variational Omni XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
edgeX XAUUSDC
GRVT XAU_USDT_Perp
RISEx XAU/USDC
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
HTX XAU-USDT