XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0049%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.016%

Price spread now: QFEX against Pacifica+0.044%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on Pacifica Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.017%−$2 on $10k

Price spread, last 7 days+0.052%+$5 · spread now +0.044%, 7d avg +0.054%

Together, before fees+0.035%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.054%, 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	4,348.1	0.0100	pay 0.0013% / 1h	3m 19s	$1.4M	$1.2M	10x
Short	QFEX GOLD-USD	4,350	0.0051	get 0.0006% / 1h	3m 19s	$5.5M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$10.21
Price spread: +0.044% → +0.054%: −$1.03
Slippage, 4 orders: −$6.22
Fee Pacifica: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$35.46
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from Pacifica: live order book, 6 min ago; QFEX: live order book, 5 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, 6 min ago	0.12 bp	5.0 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	2.30 bp	7.3 bp −$7	7.3 bp −$73	9.1 bp −$908	doesn't fit

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	4,355.7	+0.175%	$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	4,346.9	−0.028%	$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	4,349.9	+0.041%	$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	4,352.5	+0.101%	$70.2M	$317.3M	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-USDshort	+0.0051%	1h	4,350	+0.044%	$5.5M	$1.9M	20x
Lighter XAU	+0.0056%	1h	4,349.7	+0.037%	$20.6M	$43.8M	25x	as long as short
Lighter RH XAU	+0.0064%	1h	4,352.3	+0.097%	$20.1M	$41.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,347	−0.025%	$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	4,352.3	+0.096%	$373.1M	$325.3M	1000x	as long as short
Binance XAUUSDT	+0.0115%	4h	4,352.4	+0.098%	$410.1M	$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	4,353.8	+0.131%	$84.0M	$145.0M	150x	as long as short
Bitget XAUUSDT	+0.0202%	4h	4,352.9	+0.110%	$69.5M	$109.5M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0246%	8h	4,353.4	+0.122%	$164.6M	$281.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,349.3	+0.027%	$593K	$133K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0325%	1h	4,350.3	+0.051%	$260K	$692K	25x	as long as short
Phemex XAUUSDT	+0.0345%	4h	4,352.1	+0.091%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0202%	1h	4,352.5	+0.101%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0610%	4h	4,357.2	+0.208%	$2.9M	$4.1M	75x	as long as short