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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.004%
Price spread now: Phoenix against Pacifica−0.009%7-day average · you buy dearer than you sell
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 7 days+0.083%+$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,343.70.0100pay 0.0013% / 1h55m 03s$1.4M$1.1M10x
ShortPhoenix GOLD4,343.30.0136get 0.0017% / 1h55m 03s$47K$77K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$7.63
Price spread: −0.009% → 0.000%
−$0.92
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$8.3
Costs to cover
0.150%
Break-even
14.6 days
Slippage unknown: Pacifica: live order book, 4 min ago; Phoenix: 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, 4 min ago0.12 bp4.5 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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 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
Bluefin GOLD-PERP−0.0153%1h4,340−0.084%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,351.2+0.173%$92K$8.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.1−0.013%$272K250xas long as short
Extended XAU-USD+0.0032%1h4,343−0.016%$13.2M$37.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.155%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,345.3+0.037%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,345.9+0.051%$5.6M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,379.6+0.826%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,346.1+0.055%$20.7M$30.2M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,342.7−0.023%$293.7M$49.3M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,343.3−0.010%$15.1M$56.7M25xas long as short
Kalshi KXGOLDPERP+0.0053%24h4,345.3+0.037%$4.3M$39.2M15xas long as short
RISEx XAU/USDC+0.0054%1h4,347.6+0.090%$3.7M$12.6M25xas long as short
Bybit XAUUSDT+0.0056%4h4,347.2+0.081%$80.1M$151.9M150xas long as short
Paradex XAU-USD-PERP+0.0069%8h4,347.1+0.079%$19K$5K5xas long as short
Gate XAU_USDT+0.0070%4h4,348.5+0.111%$269.1M$395.3M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,344.9+0.028%$2.1M$4.7M25xas long as short
Pacifica XAUlong+0.0100%1h4,343.7long leg$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,343.3−0.009%$274K$203K50xas long as short
Lighter RH XAU+0.0104%1h4,348.6+0.113%$20.1M$38.0M25xas long as short
Aster XAUUSD1+0.0105%4h4,348.7+0.115%$71.6M$331.2M20xas long as short
Variational Omni XAU+0.0105%4h4,347+0.077%$48.4M$27.7Mas long as short
Aevo XAU-PERP+0.0112%1h4,346.1+0.055%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,347+0.076%$370.1M$317.0M1000xas long as short
Binance XAUUSDT+0.0119%4h4,346.4+0.061%$419.0M$2.09B100xas long as short
edgeX XAUUSDC+0.0121%4h4,341.7−0.046%$30.2M$57.9M50xas long as short
GRVT XAU_USDT_Perp+0.0126%4h4,346.6+0.066%$1.4M$2.9M25xas long as short
Hotstuff GOLD-PERP+0.0136%1h4,343.5−0.005%$33K25xas long as short
Phoenix GOLDshort+0.0136%1h4,343.3−0.009%$47K$77K25x
Bullet GOLD-USD+0.0164%1h4,347+0.076%$59K$82K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,345.7+0.046%$203K$825K25xas long as short
Polymarket Perps GOLD-USD+0.0166%1h4,346.5+0.064%$4.2M$2.0M20xas long as short
Phemex XAUUSDT+0.0214%4h4,349.7+0.138%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0247%1h4,343.4−0.008%$591K$130K25xas long as short
Bitget XAUUSDT+0.0276%4h4,347+0.077%$71.1M$108.2M100xas long as short
HTX XAU-USDT+0.0319%4h4,349.5+0.132%$2.8M$4.6M75xas long as short
OKX XAU-USDT-SWAP+0.0333%8h4,348.3+0.106%$167.8M$282.5M100xas long as short
BloFin XAU-USDT+0.0359%4h4,347+0.076%$15.8M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0428% / S −0.0252%1h4,347+0.076%$250K111xas long as short