Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Phoenix+0.088%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.088% dearer against Phoenix than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix GOLD | 4,301.6 | 0.0095 | pay 0.0012% / 1h | 21m 22s | $42K | $86K | 25x |
| Short | Pacifica XAU | 4,305.4 | 0.0100 | get 0.0013% / 1h | 21m 22s | $1.4M | $1.2M | 10x |
Phoenix GOLD
Pacifica XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Phoenix. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.08
- Price spread: +0.088% → 0.000%
- $8.83
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$5.08
- Costs to cover
- 0.150%
- Break-even
- 39.8 days
Slippage unknown: Phoenix: no order-book sample; Pacifica: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 3 min ago | 0.12 bp | 5.2 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
Phoenix: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −0.0016% | 1h | 4,305.9 | +0.100% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,313.5 | +0.277% | $92K | $6.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,305.5 | +0.092% | $273K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +1.135% | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,341.9 | +0.937% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,308.5 | +0.160% | $6.6M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,307.2 | +0.130% | $290.9M | $54.5M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,307.9 | +0.146% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,306.4 | +0.110% | $15.0M | $56.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,300.9 | −0.016% | $2.0M | $5.1M | 25x | as long as short |
Hotstuff GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
Vest GC-PERP
QFEX GOLD-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Ondo Perps XAU-USD.P
Coinbase International GOLD-PERP-INTXShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0062% | 8h | 4,308.9 | +0.171% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0062% | 4h | 4,310.7 | +0.212% | $73.5M | $271.5M | 20x | as long as short |
| StandX XAU-USD | +0.0077% | 1h | 4,308.4 | +0.158% | $3.8M | $4.5M | 40x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,308.2 | +0.154% | $20.2M | $29.6M | 25x | as long as short |
| Phoenix GOLDlong | +0.0095% | 1h | 4,301.6 | long leg | $42K | $86K | 25x | |
| Variational Omni XAU | +0.0095% | 4h | 4,295.8 | −0.135% | $46.6M | $29.4M | — | as long as short |
| Extended XAU-USD | +0.0096% | 1h | 4,305.6 | +0.093% | $13.0M | $36.1M | 25x | as long as short |
| Pacifica XAUshort | +0.0100% | 1h | 4,305.4 | +0.088% | $1.4M | $1.2M | 10x | |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,301.8 | +0.003% | $273K | $219K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,310.8 | +0.214% | $19.8M | $40.5M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,310.5 | +0.206% | $160K | $87 | 10x | as long as short |
| Kalshi KXGOLDPERP | +0.0113% | 24h | 4,310.2 | +0.200% | $3.6M | $47.1M | 15x | as long as short |
| edgeX XAUUSDC | +0.0117% | 4h | 4,300.7 | −0.020% | $30.0M | $62.5M | 50x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,310.9 | +0.216% | $360.3M | $347.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0123% | 4h | 4,311.2 | +0.224% | $437.2M | $2.26B | 100x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,308.8 | +0.167% | $4.5M | $13.4M | 25x | as long as short |
| Bybit XAUUSDT | +0.0134% | 4h | 4,312.9 | +0.262% | $79.8M | $161.1M | 150x | as long as short |
| Gate XAU_USDT | +0.0178% | 4h | 4,313.4 | +0.273% | $302.1M | $436.0M | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0188% | 4h | 4,306.4 | +0.111% | $1.4M | $3.1M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0191% | 1h | 4,308.5 | +0.160% | $133K | $853K | 25x | as long as short |
| Bullet GOLD-USD | +0.0198% | 1h | 4,311.3 | +0.225% | $58K | $77K | 10x | as long as short |
| Bitget XAUUSDT | +0.0200% | 4h | 4,310.8 | +0.213% | $70.1M | $127.2M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0251% | 8h | 4,311.9 | +0.239% | $170.5M | $341.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,307.4 | +0.136% | $573K | $139K | 25x | as long as short |
| BloFin XAU-USDT | +0.0412% | 4h | 4,305.5 | +0.091% | $16.3M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0464% / S −0.0312% | 1h | 4,305.8 | +0.098% | $254K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0547% | 4h | 4,312.5 | +0.254% | $2.2M | $987K | 100x | as long as short |
| HTX XAU-USDT | +0.1185% | 4h | 4,313.5 | +0.277% | $3.2M | $6.8M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.2471% | 1h | 4,304.6 | +0.070% | $25K | $1K | 20x | as long as short |
Paradex XAU-USD-PERP
Aster XAUUSD1
StandX XAU-USD
Lighter XAU
Variational Omni XAU
Extended XAU-USD
ApeX Omni XAUUSDT
Lighter RH XAU
Aevo XAU-PERP
Kalshi KXGOLDPERP
edgeX XAUUSDC
MEXC XAU_USDT
Binance XAUUSDT
RISEx XAU/USDC
Bybit XAUUSDT
Gate XAU_USDT
GRVT XAU_USDT_Perp
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP