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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%
Price spread now: Pacifica against Injective+0.019%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h27m 49s$619$5452x
ShortPacifica XAU4,351.30.0100get 0.0013% / 1h27m 49s$1.4M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Injective. 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
$14
Price spread: +0.019% → 0.000%
$1.91
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$7.89
Costs to cover
0.080%
Break-even
3.1 days
Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 1 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 Injective no order-book sample
Sell Pacifica live order book, 1 min ago0.12 bp4.3 bp −$4doesn't fitdoesn't fitdoesn't fit
Injective: 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%4h4,358.7+0.191%$93K$9.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,350.9+0.012%$267K250xas long as short
Gate XAU_USDT+0.0008%4h4,356.2+0.132%$264.9M$411.7M100xas long as short
RISEx XAU/USDC+0.0010%1h4,354.2+0.086%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,351+0.013%$13.6M$39.0M25xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
Kalshi KXGOLDPERP+0.0039%24h4,352.2+0.041%$4.1M$36.9M15xas long as short
StandX XAU-USD+0.0040%1h4,354.2+0.087%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0042%4h4,355.5+0.117%$70.5M$333.7M20xas long as short
Vest GC-PERP+0.0046%1h4,387.7+0.857%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,353+0.059%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,351.1+0.016%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,351.6+0.027%$294.0M$48.7M25xas long as short
GRVT XAU_USDT_Perp+0.0050%4h4,354.7+0.099%$1.4M$3.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,350.9+0.011%$15.1M$57.5M25xas long as short
Lighter XAU+0.0056%1h4,354.5+0.093%$20.7M$42.3M25xas long as short
Variational Omni XAU+0.0057%4h4,353+0.058%$48.3M$27.8Mas long as short
Lighter RH XAU+0.0072%1h4,355.6+0.120%$20.1M$39.7M25xas long as short
MEXC XAU_USDT+0.0074%4h4,354.9+0.103%$373.0M$318.5M1000xas long as short
Binance XAUUSDT+0.0075%4h4,355.3+0.112%$412.9M$2.09B100xas long as short
Paradex XAU-USD-PERP+0.0082%8h4,354.3+0.089%$19K$5K5xas long as short
edgeX XAUUSDC+0.0092%4h4,347.3−0.072%$30.3M$58.9M50xas long as short
Aevo XAU-PERP+0.0096%1h4,353.2+0.064%$161K$8710xas long as short
Pacifica XAUshort+0.0100%1h4,351.3+0.019%$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,351+0.013%$275K$202K50xas long as short
Polymarket Perps GOLD-USD+0.0128%1h4,353.8+0.078%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,350.3−0.003%$47K$77K25xas long as short
Phemex XAUUSDT+0.0140%4h4,354.6+0.095%$2.2M$1.1M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,352.5+0.048%$258K$706K25xas long as short
Bybit XAUUSDT+0.0196%4h4,356.8+0.146%$84.5M$145.3M150xas long as short
Hotstuff GOLD-PERP+0.0200%1h4,351.5+0.025%$33K25xas long as short
Bitget XAUUSDT+0.0212%4h4,355.3+0.112%$70.2M$109.4M100xas long as short
Bullet GOLD-USD+0.0214%1h4,354.7+0.099%$59K$83K10xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,356.1+0.131%$165.0M$282.0M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,351.3+0.019%$594K$133K25xas long as short
BloFin XAU-USDT+0.0297%4h4,353.9+0.081%$15.5M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0400% / S −0.0212%1h4,354.7+0.098%$249K111xas long as short
HTX XAU-USDT+0.0565%4h4,359+0.197%$2.9M$4.2M75xas long as short
Bluefin GOLD-PERP+0.0707%1h4,347.3−0.072%$25K$14K20xas long as short