XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%

Price spread now: Pacifica against QFEX−0.136%55s7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.225% of the position

Long on QFEX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.019%+$2 on $10k

Price spread, last 7 days+0.065%+$7 · spread now −0.136%, 7d avg −0.053%

Together, before fees+0.085%+ Points / potential airdropPacifica: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.083% cheaper against QFEX than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of −0.053%). If the spread goes back, that is −$8 on $10k: about 4.9 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.019% in total) that is about 16 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOLD-USD	4,333.8	0.0044	pay 0.0005% / 1h	24m 47s	$5.5M	$2.1M	20x
Short	Pacifica XAU	4,327.9	0.0100	get 0.0013% / 1h	24m 47s	$1.4M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against QFEX. 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

Position, each leg$Hold fordaysFee QFEXbpFee PacificabpOrdersPrice spread, now −0.136%Rate

Funding earned: $11.79
Price spread: −0.136% → −0.053%: −$8.29
Slippage, 4 orders: −$4.5
Fee QFEX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$18.99
Costs to cover: 0.225%
Break-even: 18.3 days

Slippage from QFEX: live order book, 4 min ago; Pacifica: live order book, 4 min ago.

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 QFEX live order book, 4 min ago	1.96 bp	7.0 bp −$7	7.0 bp −$70	9.6 bp −$959	doesn't fit
Sell Pacifica live order book, 4 min ago	0.12 bp	4.3 bp −$4	doesn't fit	doesn't fit	doesn't fit

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	−0.0056%	1h	4,328.7	−0.118%	$32K	—	25x	as long as short
Bluefin GOLD-PERP	−0.0014%	1h	4,328.2	−0.130%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,339.3	+0.127%	$92K	$8.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,331.5	−0.053%	$271K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,327.8	−0.138%	$13.2M	$37.1M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.383%	$619	$54	52x	as long as short
Bybit XAUUSDT	+0.0038%	4h	4,330.2	−0.083%	$78.7M	$154.9M	150x	as long as short
Lighter XAU	+0.0040%	1h	4,328.2	−0.129%	$20.7M	$31.0M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,334.6	+0.018%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USDlong	+0.0044%	1h	4,333.8	long leg	$5.5M	$2.1M	20x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,367.3	+0.773%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,326.6	−0.166%	$292.2M	$50.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,325.2	−0.200%	$15.0M	$56.6M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,335.5	+0.038%	$3.7M	$12.2M	25x	as long as short
Kalshi KXGOLDPERP	+0.0059%	24h	4,334.9	+0.025%	$4.0M	$40.9M	15x	as long as short
Gate XAU_USDT	+0.0070%	4h	4,332	−0.041%	$272.7M	$407.5M	100x	as long as short
Paradex XAU-USD-PERP	+0.0071%	8h	4,329.4	−0.101%	$19K	$5K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,329.8	−0.092%	$2.1M	$4.7M	25x	as long as short
Lighter RH XAU	+0.0088%	1h	4,331.7	−0.049%	$19.9M	$38.7M	25x	as long as short
Pacifica XAUshort	+0.0100%	1h	4,327.9	−0.136%	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,329.7	−0.095%	$276K	$204K	50x	as long as short
Aster XAUUSD1	+0.0107%	4h	4,330.5	−0.075%	$71.5M	$332.2M	20x	as long as short
Variational Omni XAU	+0.0111%	4h	4,332	−0.042%	$48.3M	$27.4M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,334.2	+0.009%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,329.4	−0.101%	$363.4M	$324.5M	1000x	as long as short
Binance XAUUSDT	+0.0119%	4h	4,329.1	−0.108%	$413.8M	$2.15B	100x	as long as short
edgeX XAUUSDC	+0.0120%	4h	4,324.5	−0.215%	$30.1M	$59.3M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0122%	4h	4,329.6	−0.098%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0127%	1h	4,331.3	−0.058%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0160%	1h	4,335	+0.028%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0172%	1h	4,335.2	+0.032%	$4.2M	$2.0M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0247%	1h	4,331.8	−0.046%	$590K	$130K	25x	as long as short
HTX XAU-USDT	+0.0256%	4h	4,336.5	+0.063%	$2.8M	$4.8M	75x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0258%	1h	4,333.4	−0.009%	$199K	$826K	25x	as long as short
Bitget XAUUSDT	+0.0276%	4h	4,329.2	−0.107%	$73.6M	$113.7M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0336%	8h	4,330.1	−0.085%	$170.1M	$291.6M	100x	as long as short
BloFin XAU-USDT	+0.0362%	4h	4,333.4	−0.009%	$16.1M	$4.4M	100x	as long as short
Phemex XAUUSDT	+0.0369%	4h	4,336.6	+0.063%	$2.2M	$960K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0451% / S −0.0288%	1h	4,335	+0.028%	$250K	—	111x	as long as short