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−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.012%
Price spread now: Extended against Pacifica−0.009%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.169% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 7 days+0.099%+$10 · spread now −0.009%, 7d avg +0.006%
Together, before fees+0.040%+ Points / potential airdropPacifica: Active · Extended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, 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 XAU4,353.70.0100pay 0.0013% / 1h39m 51s$1.4M$1.2M10x
ShortExtended XAU-USD4,353.30.0032get 0.0004% / 1h39m 51s$13.6M$43.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$14.28
Price spread: −0.009% → +0.006%
−$1.48
Slippage, 4 orders
−$3.9
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$32.66
Costs to cover
0.169%
Break-even
never at this rate
Slippage from Pacifica: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago0.12 bp4.3 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago0.12 bp3.3 bp −$34.3 bp −$438.0 bp −$79836.0 bp −$18.0K

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−0.0325%1h4,349.7−0.093%$25K$14K20xas long as short
Hotstuff GOLD-PERP−0.0024%1h4,354.2+0.011%$33K25xas long as short
Aster XAUUSD10.0000%4h4,358.1+0.102%$69.7M$284.7M20xas long as short
Gate XAU_USDT0.0000%4h4,359+0.122%$263.3M$407.3M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,355.1+0.032%$4.1M$36.5M15xas long as short
SunX XAU-USDT0.0000%4h4,361.9+0.188%$93K$9.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,353.4−0.008%$270K250xas long as short
Extended XAU-USDshort+0.0032%1h4,353.3−0.009%$13.6M$43.0M25x
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.075%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,356.1+0.055%$3.8M$4.7M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,390.7+0.850%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,356.5+0.064%$20.7M$43.5M25xas long as short
Lighter RH XAU+0.0048%1h4,358.7+0.114%$20.1M$40.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,354.4+0.016%$293.8M$48.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,355.3+0.036%$15.0M$57.6M25xas long as short
QFEX GOLD-USD+0.0051%1h4,357.8+0.094%$5.6M$1.9M20xas long as short
Variational Omni XAU+0.0061%4h4,355.7+0.046%$48.3M$28.4Mas long as short
Polymarket Perps GOLD-USD+0.0062%1h4,356.3+0.060%$4.3M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,354.8+0.025%$2.0M$5.0M25xas long as short
MEXC XAU_USDT+0.0080%4h4,356.9+0.074%$372.4M$321.5M1000xas long as short
Binance XAUUSDT+0.0082%4h4,357.6+0.090%$410.4M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0085%8h4,357.4+0.085%$19K$5K5xas long as short
edgeX XAUUSDC+0.0098%4h4,351.9−0.041%$30.3M$60.4M50xas long as short
Pacifica XAUlong+0.0100%1h4,353.7long leg$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,353.3−0.008%$275K$204K50xas long as short
Aevo XAU-PERP+0.0104%1h4,356.7+0.070%$161K$8710xas long as short
Phoenix GOLD+0.0121%1h4,354.7+0.023%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,357.9+0.096%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0138%4h4,358.7+0.114%$1.4M$3.0M25xas long as short
Bitget XAUUSDT+0.0146%4h4,358.2+0.104%$69.3M$109.6M100xas long as short
Bullet GOLD-USD+0.0158%1h4,357.3+0.083%$59K$83K10xas long as short
Bybit XAUUSDT+0.0183%4h4,358.9+0.119%$84.2M$143.5M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0209%1h4,355.7+0.046%$235K$661K25xas long as short
OKX XAU-USDT-SWAP+0.0224%8h4,358.7+0.115%$164.9M$284.9M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,354.4+0.017%$594K$141K25xas long as short
BloFin XAU-USDT+0.0286%4h4,364.8+0.255%$15.5M$4.6M100xas long as short
Phemex XAUUSDT+0.0384%4h4,360.9+0.166%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0395% / S −0.0199%1h4,357+0.075%$253K111xas long as short
HTX XAU-USDT+0.0530%4h4,362+0.191%$2.9M$3.9M75xas long as short