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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment $0.07 per $10,000 · paid last 24h +0.003%
Price spread now: Lighter RH against Pacifica+0.107%7-day average +0.079% · 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 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.035%−$3 · spread now +0.107%, 7d avg +0.079%
Together, before fees−0.069%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.027% dearer against Pacifica than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.079%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.034% in total) that is about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,343.70.0100pay 0.0013% / 1h9m 14s$1.4M$1.1M10x
ShortLighter RH XAU4,348.30.0040get 0.0005% / 1h9m 14s$20.1M$39.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
−$12.6
Price spread: +0.107% → +0.079%
$2.75
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$17.85
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 5 min ago; Lighter RH: 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 Pacifica live order book, 5 min ago0.12 bp4.2 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago0.70 bp0.8 bp −$10.8 bp −$83.2 bp −$324doesn't fit

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
RISEx XAU/USDC0.0000%1h4,347.3+0.084%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,348.6+0.113%$266.5M$417.6M100xas long as short
SunX XAU-USDT0.0000%4h4,352.2+0.196%$92K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.3−0.008%$272K250xas long as short
Lighter XAU+0.0032%1h4,346.5+0.064%$20.8M$38.2M25xas long as short
Extended XAU-USD+0.0032%1h4,343.5−0.005%$13.2M$38.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.155%$619$5452xas long as short
Lighter RH XAUshort+0.0040%1h4,348.3+0.107%$20.1M$39.4M25x
StandX XAU-USD+0.0040%1h4,347.4+0.085%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,347+0.076%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,380.3+0.843%$1.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,344.8+0.025%$2.0M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0049%24h4,346+0.053%$4.2M$37.4M15xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,344.4+0.016%$293.8M$48.8M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,344+0.008%$15.1M$56.9M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,344.8+0.025%$33K25xas long as short
Aster XAUUSD1+0.0063%4h4,349+0.121%$71.4M$333.1M20xas long as short
Variational Omni XAU+0.0076%4h4,345.3+0.036%$48.4M$28.2Mas long as short
Paradex XAU-USD-PERP+0.0080%8h4,347.5+0.087%$19K$5K5xas long as short
MEXC XAU_USDT+0.0088%4h4,347.7+0.093%$372.7M$320.5M1000xas long as short
Binance XAUUSDT+0.0090%4h4,347.7+0.092%$413.9M$2.10B100xas long as short
GRVT XAU_USDT_Perp+0.0090%4h4,347+0.075%$1.4M$2.9M25xas long as short
Pacifica XAUlong+0.0100%1h4,343.7long leg$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,343.3−0.010%$274K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,340.2−0.081%$25K$14K20xas long as short
edgeX XAUUSDC+0.0101%4h4,342.2−0.034%$30.2M$58.0M50xas long as short
Aevo XAU-PERP+0.0104%1h4,346.7+0.069%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,344.7+0.023%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0166%1h4,347.8+0.094%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0186%1h4,347.6+0.090%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,344.8+0.025%$593K$132K25xas long as short
Phemex XAUUSDT+0.0225%4h4,349.4+0.131%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0234%4h4,348+0.099%$70.1M$109.2M100xas long as short
Bybit XAUUSDT+0.0240%4h4,348.7+0.115%$85.1M$145.3M150xas long as short
OKX XAU-USDT-SWAP+0.0299%8h4,348.9+0.120%$165.4M$282.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0326%1h4,346.3+0.060%$206K$825K25xas long as short
BloFin XAU-USDT+0.0330%4h4,347.7+0.092%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0419% / S −0.0240%1h4,347.7+0.092%$248K111xas long as short
HTX XAU-USDT+0.0617%4h4,351.3+0.175%$2.8M$4.6M75xas long as short