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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Vest against Pacifica+0.832%49s7-day average +0.919% · you sell dearer than you buy
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 4 days (all we have)+0.010%+$1 on $10k
Price spread, last 7 days+0.081%+$8 · spread now +0.832%, 7d avg +0.919%
Together, before fees+0.091%+ Points / potential airdropPacifica: Active · Vest: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.087% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.919%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,313.20.0100pay 0.0013% / 1h19m 36s$1.4M$1.2M10x
ShortVest GC-PERP4,349.10.0046get 0.0006% / 1h19m 36s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$11.41
Price spread: +0.832% → +0.919%
−$8.74
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$30.14
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 4 min ago; Vest: 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 bp5.6 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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
SunX XAU-USDT0.0000%4h4,321.5+0.193%$92K$7.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,312−0.029%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.862%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,319.3+0.141%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,315.5+0.053%$5.4M$2.0M20xas long as short
Vest GC-PERPshort+0.0046%1h4,349.1+0.832%$1.0M25x
Hotstuff GOLD-PERP+0.0048%1h4,314+0.018%$32K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,313.4+0.004%$290.8M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,313.4+0.003%$15.0M$55.3M25xas long as short
Aster XAUUSD1+0.0057%4h4,318+0.110%$72.9M$272.1M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0062%4h4,317.9+0.109%$77.7M$154.6M150xas long as short
Paradex XAU-USD-PERP+0.0063%8h4,316.4+0.073%$2K$14K5xas long as short
Bluefin GOLD-PERP+0.0070%1h4,310.3−0.068%$25K$1K20xas long as short
Lighter XAU+0.0072%1h4,316.2+0.068%$20.3M$30.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,312.4−0.019%$2.1M$5.0M25xas long as short
Variational Omni XAU+0.0095%4h4,317.1+0.090%$47.1M$29.1Mas long as short
Kalshi KXGOLDPERP+0.0096%24h4,318+0.111%$3.6M$45.0M15xas long as short
Phoenix GOLD+0.0096%1h4,315.6+0.055%$42K$79K25xas long as short
Pacifica XAUlong+0.0100%1h4,313.2long leg$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,315.5+0.053%$272K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,318.4+0.120%$20.0M$39.7M25xas long as short
Aevo XAU-PERP+0.0104%1h4,316.6+0.077%$160K$8710xas long as short
MEXC XAU_USDT+0.0106%4h4,317.3+0.094%$364.3M$334.5M1000xas long as short
Binance XAUUSDT+0.0106%4h4,317.3+0.094%$426.0M$2.16B100xas long as short
GRVT XAU_USDT_Perp+0.0108%4h4,315.9+0.062%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0110%4h4,319+0.134%$283.4M$423.3M100xas long as short
Extended XAU-USD+0.0120%1h4,313.1−0.004%$13.2M$36.8M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0121%1h4,315.7+0.057%$162K$876K25xas long as short
edgeX XAUUSDC+0.0124%4h4,311.9−0.031%$30.0M$60.1M50xas long as short
Bitget XAUUSDT+0.0190%4h4,317.1+0.089%$70.3M$120.8M100xas long as short
Bullet GOLD-USD+0.0204%1h4,317.6+0.101%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,317.5+0.099%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,314.8+0.037%$574K$138K25xas long as short
OKX XAU-USDT-SWAP+0.0271%8h4,317.3+0.094%$174.6M$303.6M100xas long as short
BloFin XAU-USDT+0.0346%4h4,317.3+0.095%$16.6M$4.9M100xas long as short
Phemex XAUUSDT+0.0416%4h4,316.9+0.084%$2.2M$976K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0311%1h4,316.2+0.070%$254K111xas long as short
HTX XAU-USDT+0.0495%4h4,323.7+0.243%$3.2M$6.0M75xas long as short
RISEx XAU/USDC+0.0643%1h4,317+0.087%$4.5M$13.3M25xas long as short