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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Vest against Pacifica+0.846%7-day average +0.951% · 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 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.846%, 7d avg +0.951%
Together, before fees+0.042%+ Points / potential airdropPacifica: Active · Vest: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.105% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.951%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,356.80.0100pay 0.0013% / 1h22m 18s$1.4M$1.1M10x
ShortVest GC-PERP4,393.60.0046get 0.0006% / 1h22m 18s$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$11.41
Price spread: +0.846% → +0.951%
−$10.53
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$31.94
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 2 min ago; Vest: no order-book sample. 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, 2 min ago0.34 bp4.9 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
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
Aster XAUUSD10.0000%4h4,359.2+0.057%$71.0M$200.6M20xas long as short
Gate XAU_USDT0.0000%4h4,360.2+0.078%$266.2M$417.0M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,356.2−0.013%$4.0M$36.7M15xas long as short
SunX XAU-USDT0.0000%4h4,364.2+0.170%$93K$10.2M20xas long as short
Variational Omni XAU0.0000%4h4,360.4+0.084%$47.8M$28.1Mas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,355.1−0.037%$267K250xas long as short
edgeX XAUUSDC+0.0022%4h4,355.1−0.037%$30.3M$60.4M50xas long as short
MEXC XAU_USDT+0.0022%4h4,359.1+0.054%$372.8M$328.2M1000xas long as short
Binance XAUUSDT+0.0024%4h4,358.6+0.041%$411.5M$2.15B100xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,356.9+0.003%$33K25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.145%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,360.6+0.088%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,359.3+0.059%$5.6M$1.9M20xas long as short
Vest GC-PERPshort+0.0046%1h4,393.6+0.846%$1.0M25x
RISEx XAU/USDC+0.0048%1h4,359.9+0.073%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,355.7−0.024%$293.7M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,355.2−0.037%$14.7M$57.3M25xas long as short
Phoenix GOLD+0.0055%1h4,358.5+0.040%$48K$64K25xas long as short
Bitget XAUUSDT+0.0060%4h4,358.8+0.047%$69.1M$113.9M100xas long as short
Lighter XAU+0.0072%1h4,357.9+0.027%$20.6M$44.1M25xas long as short
Extended XAU-USD+0.0072%1h4,354.9−0.043%$13.5M$43.7M25xas long as short
Paradex XAU-USD-PERP+0.0080%8h4,360.4+0.083%$19K$5K5xas long as short
Aevo XAU-PERP+0.0088%1h4,358.2+0.034%$161K$8710xas long as short
BloFin XAU-USDT+0.0091%4h4,361.9+0.118%$15.5M$4.5M100xas long as short
Lighter RH XAU+0.0096%1h4,360.1+0.077%$20.2M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,354.3−0.056%$2.0M$5.1M25xas long as short
Pacifica XAUlong+0.0100%1h4,356.8long leg$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,357.8+0.024%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,352.6−0.096%$26K$22K20xas long as short
Bybit XAUUSDT+0.0110%4h4,359.6+0.065%$83.5M$144.4M150xas long as short
Polymarket Perps GOLD-USD+0.0120%1h4,358.1+0.031%$4.3M$1.8M20xas long as short
GRVT XAU_USDT_Perp+0.0152%4h4,361.1+0.100%$1.4M$3.1M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0163%1h4,356.9+0.003%$235K$656K25xas long as short
OKX XAU-USDT-SWAP+0.0199%8h4,359.7+0.068%$163.8M$289.3M100xas long as short
Bullet GOLD-USD+0.0211%1h4,359.5+0.063%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,356.2−0.012%$594K$151K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,359+0.052%$252K111xas long as short
Phemex XAUUSDT+0.0457%4h4,361.7+0.114%$2.2M$1.1M100xas long as short
HTX XAU-USDT+0.0568%4h4,364+0.167%$2.9M$3.9M75xas long as short