Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: RISEx against Pacifica+0.064%7-day average +0.099% · 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−$19as in the Price arb table
costs, in and out, $10k−$160.159% of the position
Funding, last 3 days (all we have)+0.059%+$6 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now +0.064%, 7d avg +0.099%
=Together, before fees+0.129%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.034% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.099%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAU | 4,362.7 | 0.0100 | pay 0.0013% / 1h | 4m 30s | $1.4M | $1.2M | 10x |
| Short | RISEx XAU/USDC | 4,365.5 | 0 | get 0.0000% / 1h | 4m 30s | $3.4M | $12.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- Price spread: +0.064% → +0.099%
- −$3.44
- Slippage, 4 orders
- −$1.88
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$40.33
- Costs to cover
- 0.159%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 5 min ago; RISEx: 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, 5 min ago | 0.12 bp | 4.9 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 5 min ago | 0.26 bp | 3.3 bp −$3 | 4.3 bp −$43 | 35.6 bp −$3,565 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAUUSD | −0.0174% | 1h | 4,362.6 | −0.003% | $602K | $139K | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,366.5 | +0.087% | $71.5M | $233.3M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,365.6 | +0.066% | $409.8M | $2.09B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,366.9 | +0.095% | $82.9M | $141.8M | 150x | as long as short |
| RISEx XAU/USDCshort | 0.0000% | 1h | 4,365.5 | +0.064% | $3.4M | $12.4M | 25x | |
| Gate XAU_USDT | 0.0000% | 4h | 4,367 | +0.098% | $269.2M | $412.2M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,365.8 | +0.069% | $377.1M | $354.6M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,366 | +0.075% | $67.4M | $110.1M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,364.1 | +0.033% | $48.5M | $31.2M | — | as long as short |
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,362.8 | +0.001% | $1.4M | $3.1M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,363.3 | +0.013% | $4.0M | $34.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,369.2 | +0.148% | $93K | $10.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,362.2 | −0.013% | $268K | — | 250x | as long as short |
| QFEX GOLD-USD | +0.0002% | 1h | 4,365.2 | +0.057% | $5.6M | $1.7M | 20x | as long as short |
| edgeX XAUUSDC | +0.0011% | 4h | 4,358.9 | −0.087% | $30.3M | $58.0M | 50x | as long as short |
| tradeXYZ xyz:GOLD | +0.0017% | 1h | 4,361.1 | −0.037% | $293.5M | $52.7M | 25x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,365.3 | +0.059% | $20.9M | $44.8M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,367.5 | +0.110% | $20.3M | $42.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,362.7 | 0.000% | $13.1M | $46.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.282% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,363.6 | +0.020% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,400.3 | +0.861% | — | $1.0M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,364.2 | +0.034% | $4.3M | $1.7M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0050% | 8h | 4,365.6 | +0.066% | $19K | $6K | 5x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,362.2 | −0.011% | $14.4M | $55.6M | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,364.2 | +0.034% | $162K | $87 | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0094% | 1h | 4,364.1 | +0.032% | $235K | $734K | 25x | as long as short |
| Bullet GOLD-USD | +0.0098% | 1h | 4,365.1 | +0.054% | $60K | $85K | 10x | as long as short |
| Pacifica XAUlong | +0.0100% | 1h | 4,362.7 | long leg | $1.4M | $1.2M | 10x | |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,361.6 | −0.025% | $274K | $199K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,357.4 | −0.122% | $26K | $21K | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0104% | 1h | 4,361.1 | −0.037% | $33K | — | 25x | as long as short |
| Phoenix GOLD | +0.0109% | 1h | 4,361.7 | −0.023% | $48K | $65K | 25x | as long as short |
| HTX XAU-USDT | +0.0109% | 4h | 4,368.1 | +0.124% | $2.8M | $3.8M | 75x | as long as short |
| OKX XAU-USDT-SWAP | +0.0158% | 8h | 4,367.1 | +0.100% | $158.3M | $270.1M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0208% | 1h | 4,360.9 | −0.042% | $2.0M | $5.1M | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,365 | +0.053% | $14.8M | $4.3M | 100x | as long as short |
| Phemex XAUUSDT | +0.0275% | 4h | 4,365.1 | +0.054% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0389% / S −0.0197% | 1h | 4,365 | +0.053% | $252K | — | 111x | as long as short |
Pacifica XAU
RISEx XAU/USDC
Kraken Futures PF_XAUUSD
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
edgeX XAUUSDC
tradeXYZ xyz:GOLD
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Phoenix GOLD
HTX XAU-USDT
OKX XAU-USDT-SWAP
Coinbase International GOLD-PERP-INTX
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]