XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h +0.051%

Price spread now: Kraken Futures against Pacifica+0.001%7-day average +0.011% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Pacifica Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.001%, 7d avg +0.011%

Together, before fees+0.255%+ Points / potential airdropPacifica: Active · farm board+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$4 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	4,331.1	0.0100	pay 0.0013% / 1h	31m 00s	$1.4M	$1.2M	10x
Short	Kraken Futures PF_XAUUSD	4,331.2	0.0247	get 0.0031% / 1h	31m 00s	$590K	$130K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.001%Rate

Funding earned: $30.92
Price spread: +0.001% → +0.011%: −$0.93
Slippage, 4 orders: −$9.84
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $2.14
Costs to cover: 0.278%
Break-even: 6.5 days

Slippage from Pacifica: live order book, 3 min ago; Kraken Futures: live order book, 17 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, 3 min ago	0.12 bp	4.3 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 17 min ago	2.90 bp	9.4 bp −$9	17.2 bp −$172	doesn't fit	doesn't fit

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
SunX XAU-USDT	0.0000%	4h	4,337.8	+0.155%	$92K	$8.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,330.3	−0.018%	$271K	—	250x	as long as short
Bluefin GOLD-PERP	+0.0015%	1h	4,327.8	−0.076%	$25K	$14K	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,332.4	+0.030%	$13.2M	$37.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.446%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,331.6	+0.012%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,333.4	+0.053%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,366.9	+0.827%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,333.8	+0.061%	$20.7M	$30.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,331.6	+0.012%	$292.4M	$50.4M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,331	−0.002%	$15.0M	$56.6M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,334.6	+0.080%	$3.7M	$12.3M	25x	as long as short
Kalshi KXGOLDPERP	+0.0057%	24h	4,335	+0.090%	$4.1M	$40.3M	15x	as long as short
Gate XAU_USDT	+0.0062%	4h	4,337.1	+0.138%	$273.5M	$403.8M	100x	as long as short
Bybit XAUUSDT	+0.0067%	4h	4,337.3	+0.142%	$79.1M	$154.4M	150x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,332.1	+0.023%	$2.1M	$4.7M	25x	as long as short
Paradex XAU-USD-PERP	+0.0072%	8h	4,334.5	+0.079%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0088%	1h	4,335.6	+0.104%	$20.0M	$38.6M	25x	as long as short
Hotstuff GOLD-PERP	+0.0096%	1h	4,325.6	−0.127%	$32K	—	25x	as long as short
Pacifica XAUlong	+0.0100%	1h	4,331.1	long leg	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,328.3	−0.065%	$275K	$204K	50x	as long as short
Variational Omni XAU	+0.0111%	4h	4,333.1	+0.047%	$48.3M	$27.5M	—	as long as short
Aster XAUUSD1	+0.0112%	4h	4,337.1	+0.139%	$71.6M	$331.6M	20x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,335.7	+0.106%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0120%	4h	4,336.7	+0.128%	$365.7M	$322.1M	1000x	as long as short
Binance XAUUSDT	+0.0121%	4h	4,336	+0.113%	$417.6M	$2.13B	100x	as long as short
Phoenix GOLD	+0.0127%	1h	4,333.4	+0.053%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0132%	4h	4,332.3	+0.029%	$1.4M	$2.9M	25x	as long as short
edgeX XAUUSDC	+0.0138%	4h	4,329.7	−0.031%	$30.1M	$58.7M	50x	as long as short
Bullet GOLD-USD	+0.0162%	1h	4,334.1	+0.070%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0171%	1h	4,334	+0.067%	$4.2M	$2.0M	20x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0212%	1h	4,332.7	+0.037%	$202K	$820K	25x	as long as short
Kraken Futures PF_XAUUSDshort	+0.0247%	1h	4,331.2	+0.001%	$590K	$130K	25x
HTX XAU-USDT	+0.0261%	4h	4,337.5	+0.147%	$2.8M	$4.8M	75x	as long as short
Bitget XAUUSDT	+0.0284%	4h	4,336.9	+0.134%	$72.5M	$111.6M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0338%	8h	4,336.4	+0.122%	$169.7M	$290.9M	100x	as long as short
Phemex XAUUSDT	+0.0362%	4h	4,336.9	+0.133%	$2.2M	$960K	100x	as long as short
BloFin XAU-USDT	+0.0379%	4h	4,334.4	+0.075%	$15.9M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0451% / S −0.0286%	1h	4,333.8	+0.063%	$250K	—	111x	as long as short