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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0060%/8h= −6.6% APRnext payment $0.07 per $10,000 · paid last 24h −0.010%
Price spread now: StandX against Pacifica+0.092%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 7 days+0.036%+$4 · spread now +0.092%, 7d avg +0.111%
Together, before fees+0.004%+ Points / potential airdropPacifica: Active · StandX: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.111%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,360.80.0100pay 0.0013% / 1h47m 47s$1.4M$1.2M10x
ShortStandX XAU-USD4,364.80.0040get 0.0005% / 1h47m 47s$3.8M$4.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$12.6
Price spread: +0.092% → +0.111%
−$1.94
Slippage, 4 orders
−$9.5
Fee Pacifica: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$40.03
Costs to cover
0.255%
Break-even
never at this rate
Slippage from Pacifica: live order book, 6 min ago; StandX: live order book, 1 min ago.

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, 6 min ago0.12 bp4.4 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell StandX live order book, 1 min ago2.86 bp7.3 bp −$77.8 bp −$7810.8 bp −$1,08512.7 bp −$6,348

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−0.0382%1h4,354.1−0.153%$26K$14K20xas long as short
Hotstuff GOLD-PERP−0.0072%1h4,360.5−0.007%$33K25xas long as short
Aster XAUUSD10.0000%4h4,359.7−0.025%$69.2M$270.1M20xas long as short
Gate XAU_USDT0.0000%4h4,360.80.000%$263.6M$404.5M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,359.6−0.028%$4.1M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,367.7+0.159%$93K$9.8M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,357.5−0.075%$269K250xas long as short
Extended XAU-USD+0.0032%1h4,355.9−0.112%$13.5M$43.0M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.238%$619$5452xas long as short
Lighter XAU+0.0040%1h4,357.9−0.067%$20.7M$43.4M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAU+0.0040%1h4,360.2−0.015%$20.1M$40.7M25xas long as short
StandX XAU-USDshort+0.0040%1h4,364.8+0.092%$3.8M$4.7M40x
Vest GC-PERP+0.0046%1h4,395.8+0.803%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,355.8−0.115%$294.0M$48.4M25xas long as short
Variational Omni XAU+0.0050%4h4,366.4+0.127%$48.5M$28.4Mas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,360.9+0.003%$14.9M$57.6M25xas long as short
QFEX GOLD-USD+0.0051%1h4,363.4+0.060%$5.6M$1.9M20xas long as short
Polymarket Perps GOLD-USD+0.0054%1h4,360.3−0.011%$4.3M$1.9M20xas long as short
MEXC XAU_USDT+0.0070%4h4,359.3−0.036%$373.1M$320.1M1000xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,359.4−0.032%$2.0M$5.0M25xas long as short
Binance XAUUSDT+0.0073%4h4,359.1−0.038%$410.1M$2.11B100xas long as short
edgeX XAUUSDC+0.0079%4h4,356.8−0.092%$30.3M$60.4M50xas long as short
Paradex XAU-USD-PERP+0.0086%8h4,363.9+0.070%$19K$5K5xas long as short
Aevo XAU-PERP+0.0096%1h4,360.9+0.002%$161K$8710xas long as short
Pacifica XAUlong+0.0100%1h4,360.8long leg$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,364+0.074%$276K$204K50xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0117%1h4,359.5−0.030%$235K$660K25xas long as short
Phoenix GOLD+0.0121%1h4,363.7+0.067%$48K$64K25xas long as short
Bitget XAUUSDT+0.0128%4h4,359.3−0.034%$69.5M$111.1M100xas long as short
RISEx XAU/USDC+0.0135%1h4,363.7+0.067%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0146%4h4,366.3+0.125%$1.4M$3.1M25xas long as short
Bullet GOLD-USD+0.0148%1h4,361.5+0.016%$60K$83K10xas long as short
Bybit XAUUSDT+0.0183%4h4,360.3−0.011%$84.2M$145.2M150xas long as short
OKX XAU-USDT-SWAP+0.0219%8h4,360.7−0.002%$164.7M$286.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,358.5−0.053%$594K$141K25xas long as short
BloFin XAU-USDT+0.0286%4h4,364.8+0.092%$15.5M$4.6M100xas long as short
Phemex XAUUSDT+0.0330%4h4,364.7+0.089%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0391% / S −0.0197%1h4,361.5+0.015%$252K111xas long as short
HTX XAU-USDT+0.0528%4h4,366.9+0.141%$2.9M$3.9M75xas long as short