XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h +0.008%

Price spread now: Polymarket Perps against Pacifica+0.029%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$190.191% of the position

Long on Pacifica Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.033%+$3 · spread now +0.029%, 7d avg +0.018%

Together, before fees+0.019%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$1 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	4,365.8	0.0100	pay 0.0013% / 1h	47m 20s	$1.4M	$1.2M	10x
Short	Polymarket Perps GOLD-USD	4,367.1	0.0072	get 0.0009% / 1h	47m 20s	$4.3M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$5.78
Price spread: +0.029% → +0.018%: $1.11
Slippage, 4 orders: −$3.11
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$23.78
Costs to cover: 0.191%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Polymarket Perps: live order book, 2 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, 2 min ago	0.12 bp	5.2 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	0.11 bp	4.1 bp −$4	4.3 bp −$43	5.4 bp −$539	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
Bluefin GOLD-PERP	−0.0372%	1h	4,361.1	−0.109%	$26K	$21K	20x	as long as short
Phoenix GOLD	−0.0004%	1h	4,364.9	−0.022%	$48K	$65K	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,368.1	+0.052%	$71.6M	$228.4M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,367.2	+0.031%	$408.6M	$2.10B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,368.5	+0.060%	$82.9M	$141.3M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,367.8	+0.045%	$3.4M	$12.4M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,368.2	+0.053%	$268.3M	$406.5M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,367.3	+0.033%	$377.2M	$320.1M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,367.5	+0.038%	$67.0M	$111.0M	100x	as long as short
Variational Omni XAU	0.0000%	4h	4,366.4	+0.012%	$48.5M	$30.9M	—	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XAU_USDT_Perp	0.0000%	4h	4,367.4	+0.036%	$1.4M	$3.1M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,366.4	+0.013%	$4.0M	$35.2M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,371.9	+0.138%	$93K	$10.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,364.4	−0.034%	$268K	—	250x	as long as short
edgeX XAUUSDC	+0.0007%	4h	4,361.8	−0.093%	$30.3M	$58.2M	50x	as long as short
Bullet GOLD-USD	+0.0010%	1h	4,367	+0.025%	$60K	$81K	10x	as long as short
QFEX GOLD-USD	+0.0032%	1h	4,367.6	+0.040%	$5.6M	$1.7M	20x	as long as short
Lighter XAU	+0.0032%	1h	4,366.8	+0.021%	$20.9M	$44.3M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,368.8	+0.068%	$20.3M	$41.6M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,364.5	−0.032%	$13.0M	$46.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.353%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,366.4	+0.013%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,402.4	+0.837%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,365.6	−0.006%	$33K	—	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,364.7	−0.026%	$293.8M	$52.2M	25x	as long as short
Paradex XAU-USD-PERP	+0.0050%	8h	4,368.1	+0.051%	$19K	$6K	5x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,364.8	−0.024%	$14.5M	$56.1M	25x	as long as short
Polymarket Perps GOLD-USDshort	+0.0072%	1h	4,367.1	+0.029%	$4.3M	$1.8M	20x
Aevo XAU-PERP	+0.0080%	1h	4,367	+0.027%	$162K	$87	10x	as long as short
Pacifica XAUlong	+0.0100%	1h	4,365.8	long leg	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,364.9	−0.021%	$277K	$204K	50x	as long as short
HTX XAU-USDT	+0.0130%	4h	4,371.5	+0.130%	$2.8M	$3.8M	75x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0139%	1h	4,366.7	+0.020%	$235K	$735K	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0152%	1h	4,365	−0.019%	$2.0M	$5.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0154%	8h	4,368.4	+0.058%	$157.9M	$271.2M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0220%	1h	4,365	−0.019%	$602K	$138K	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,367.4	+0.036%	$14.7M	$4.4M	100x	as long as short
Phemex XAUUSDT	+0.0288%	4h	4,370.3	+0.101%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0388% / S −0.0197%	1h	4,367.4	+0.036%	$252K	—	111x	as long as short