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: Pacifica against Vest−0.823%7-day average −0.919% · you buy dearer than you sell
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−0.091%−$9 · spread now −0.823%, 7d avg −0.919%
Together, before fees−0.100%+ Points / potential airdropVest: Active · Pacifica: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.096% dearer against Vest than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.919%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,3490.0046pay 0.0006% / 1h19m 05s$1.0M25x
ShortPacifica XAU4,313.20.0100get 0.0013% / 1h19m 05s$1.4M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Vest. 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: −0.823% → −0.919%
$9.65
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$11.06
Costs to cover
0.100%
Break-even
0.2 days
Slippage unknown: Vest: no order-book sample; Pacifica: live order book, 5 min ago. 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 Vest no order-book sample
Sell Pacifica live order book, 5 min ago0.12 bp4.7 bp −$5doesn't fitdoesn't fitdoesn't fit
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%4h4,321.5−0.633%$92K$7.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,313.1−0.825%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.033%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,319.3−0.683%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,315.5−0.770%$5.4M$2.0M20xas long as short
Vest GC-PERPlong+0.0046%1h4,349long leg$1.0M25x
Hotstuff GOLD-PERP+0.0048%1h4,314−0.805%$32K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,313.5−0.816%$290.9M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,313.4−0.819%$15.0M$55.3M25xas long as short
Aster XAUUSD1+0.0057%4h4,317.7−0.720%$72.9M$272.1M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0062%4h4,317.7−0.721%$77.7M$154.4M150xas long as short
Paradex XAU-USD-PERP+0.0063%8h4,316.4−0.751%$2K$14K5xas long as short
Bluefin GOLD-PERP+0.0066%1h4,310.3−0.890%$25K$1K20xas long as short
Lighter XAU+0.0072%1h4,316.1−0.758%$20.3M$30.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,313.1−0.825%$2.0M$5.0M25xas long as short
Variational Omni XAU+0.0095%4h4,317.1−0.733%$47.1M$29.1Mas long as short
Kalshi KXGOLDPERP+0.0096%24h4,318.4−0.704%$3.6M$45.0M15xas long as short
Phoenix GOLD+0.0096%1h4,315.6−0.768%$42K$79K25xas long as short
Pacifica XAUshort+0.0100%1h4,313.2−0.823%$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,315.5−0.770%$272K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,318−0.714%$20.0M$39.7M25xas long as short
Aevo XAU-PERP+0.0104%1h4,316.4−0.750%$160K$8710xas long as short
MEXC XAU_USDT+0.0106%4h4,316.9−0.738%$363.8M$334.5M1000xas long as short
Binance XAUUSDT+0.0106%4h4,317−0.737%$428.1M$2.16B100xas long as short
GRVT XAU_USDT_Perp+0.0110%4h4,317.2−0.732%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0110%4h4,318.7−0.696%$283.4M$423.4M100xas long as short
Extended XAU-USD+0.0120%1h4,313.1−0.825%$13.2M$36.8M25xas long as short
edgeX XAUUSDC+0.0124%4h4,311.9−0.853%$30.0M$60.1M50xas long as short
Bitget XAUUSDT+0.0190%4h4,316.8−0.740%$70.2M$120.8M100xas long as short
Bullet GOLD-USD+0.0204%1h4,317.4−0.728%$59K$81K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0214%1h4,315.5−0.770%$162K$877K25xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,317.4−0.727%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,314.4−0.795%$574K$138K25xas long as short
OKX XAU-USDT-SWAP+0.0270%8h4,317.6−0.722%$174.7M$303.6M100xas long as short
BloFin XAU-USDT+0.0346%4h4,317.5−0.725%$16.6M$4.9M100xas long as short
Phemex XAUUSDT+0.0413%4h4,320.3−0.661%$2.2M$977K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0311%1h4,317.4−0.727%$254K111xas long as short
HTX XAU-USDT+0.0498%4h4,323.7−0.581%$3.2M$6.0M75xas long as short
RISEx XAU/USDC+0.0643%1h4,317−0.736%$4.5M$13.3M25xas long as short