XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0009%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.016%

Price spread now: Pacifica against Phoenix+0.004%47s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix GOLD	4,351.8	0.0109	pay 0.0014% / 1h	29m 50s	$48K	$65K	25x
Short	Pacifica XAU	4,352	0.0100	get 0.0013% / 1h	29m 50s	$1.4M	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Phoenix. 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 PhoenixbpFee PacificabpOrdersPrice spread, now +0.004%Rate

Funding earned: −$1.81
Price spread: +0.004% → 0.000%: $0.4
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$16.41
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; Pacifica: live order book, 4 min ago. Net counts fees only.

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 Phoenix no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 4 min ago	0.12 bp	4.8 bp −$5	doesn't fit	doesn't fit	doesn't fit

Phoenix: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_XAUUSD	−0.0175%	1h	4,352.9	+0.026%	$600K	$141K	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,355.8	+0.092%	$71.3M	$234.4M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,355.4	+0.082%	$409.4M	$2.09B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,356.2	+0.100%	$82.6M	$141.2M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,354.7	+0.066%	$3.5M	$12.4M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,356.6	+0.110%	$271.1M	$408.8M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,355.4	+0.083%	$377.2M	$351.5M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,355.6	+0.088%	$66.9M	$110.5M	100x	as long as short
Variational Omni XAU	0.0000%	4h	4,353.8	+0.046%	$48.0M	$31.7M	—	as long as short
GRVT XAU_USDT_Perp	0.0000%	4h	4,354.8	+0.068%	$1.4M	$3.2M	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	4,352.6	+0.018%	$4.0M	$34.3M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,358.7	+0.157%	$93K	$10.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,352.6	+0.017%	$267K	—	250x	as long as short
QFEX GOLD-USD	+0.0002%	1h	4,354.7	+0.067%	$5.6M	$1.9M	20x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0003%	1h	4,353.9	+0.048%	$221K	$785K	25x	as long as short
edgeX XAUUSDC	+0.0010%	4h	4,349.4	−0.055%	$30.3M	$58.4M	50x	as long as short
tradeXYZ xyz:GOLD	+0.0014%	1h	4,351.6	−0.005%	$292.9M	$53.0M	25x	as long as short
Lighter XAU	+0.0032%	1h	4,354.8	+0.069%	$21.0M	$44.2M	25x	as long as short
Lighter RH XAU	+0.0032%	1h	4,356.8	+0.116%	$20.2M	$41.9M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,352.3	+0.012%	$13.0M	$49.4M	25x	as long as short
Hotstuff GOLD-PERP	+0.0032%	1h	4,350.8	−0.023%	$33K	—	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.032%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,354.5	+0.062%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,389.7	+0.871%	—	$1.0M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,355	+0.074%	$4.3M	$1.7M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,350.8	−0.022%	$14.4M	$55.7M	25x	as long as short
Paradex XAU-USD-PERP	+0.0050%	8h	4,354.8	+0.069%	$19K	$6K	5x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,354.3	+0.056%	$161K	$87	10x	as long as short
HTX XAU-USDT	+0.0083%	4h	4,358.7	+0.159%	$2.8M	$3.8M	75x	as long as short
Bullet GOLD-USD	+0.0095%	1h	4,355.5	+0.085%	$59K	$85K	10x	as long as short
Pacifica XAUshort	+0.0100%	1h	4,352	+0.004%	$1.4M	$1.3M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,351.8	0.000%	$273K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,348.2	−0.082%	$26K	$21K	20x	as long as short
Phoenix GOLDlong	+0.0109%	1h	4,351.8	long leg	$48K	$65K	25x
OKX XAU-USDT-SWAP	+0.0156%	8h	4,355.9	+0.094%	$158.8M	$267.1M	100x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0208%	1h	4,351.8	0.000%	$2.0M	$5.1M	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,354.6	+0.064%	$14.8M	$4.3M	100x	as long as short
Phemex XAUUSDT	+0.0318%	4h	4,358	+0.143%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,355.5	+0.085%	$251K	—	29x	as long as short