XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: Pacifica against tradeXYZ+0.001%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on tradeXYZ Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.001%, 7d avg −0.006%

Together, before fees−0.049%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board−$5 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:GOLD	4,317.2	0.0050	pay 0.0006% / 1h	38m 06s	$291.3M	$51.4M	25x
Short	Pacifica XAU	4,317.3	0.0100	get 0.0013% / 1h	38m 06s	$1.4M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against tradeXYZ. 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 tradeXYZbpFee PacificabpOrdersPrice spread, now +0.001%Rate

Funding earned: $10.5
Price spread: +0.001% → −0.006%: $0.77
Slippage, 4 orders: −$3.3
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$18.03
Costs to cover: 0.293%
Break-even: 19.0 days

Slippage from tradeXYZ: live order book, 12 min ago; Pacifica: live order book, 1 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 tradeXYZ live order book, 12 min ago	0.12 bp	10.5 bp −$10	10.7 bp −$107	12.4 bp −$1,237	doesn't fit
Sell Pacifica live order book, 1 min ago	0.12 bp	4.7 bp −$5	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
Bluefin GOLD-PERP	−0.0085%	1h	4,315.6	−0.038%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,324.4	+0.166%	$92K	$7.9M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,316	−0.027%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0005%	4h	4,322	+0.111%	$77.3M	$155.6M	150x	as long as short
Hotstuff GOLD-PERP	+0.0024%	1h	4,318	+0.019%	$32K	—	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.769%	$619	$54	52x	as long as short
Extended XAU-USD	+0.0040%	1h	4,316.4	−0.019%	$13.1M	$36.7M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323	+0.134%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,320.5	+0.076%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,353.1	+0.832%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLDlong	+0.0050%	1h	4,317.2	long leg	$291.3M	$51.4M	25x
Ondo Perps XAU-USD.P	+0.0050%	1h	4,316.8	−0.009%	$15.0M	$55.6M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,319	+0.043%	$20.3M	$30.4M	25x	as long as short
Aster XAUUSD1	+0.0071%	4h	4,322.5	+0.123%	$72.4M	$298.7M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,317.6	+0.009%	$2.1M	$4.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0073%	24h	4,321.5	+0.100%	$3.8M	$43.4M	15x	as long as short
Paradex XAU-USD-PERP	+0.0073%	8h	4,320.7	+0.082%	$2K	$13K	5x	as long as short
GRVT XAU_USDT_Perp	+0.0080%	4h	4,322.9	+0.133%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0088%	4h	4,322.2	+0.115%	$282.0M	$414.0M	100x	as long as short
Variational Omni XAU	+0.0093%	4h	4,322.9	+0.132%	$47.4M	$29.0M	—	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,320.3	+0.071%	$364.7M	$329.3M	1000x	as long as short
Binance XAUUSDT	+0.0097%	4h	4,320.8	+0.084%	$415.8M	$2.14B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,321	+0.088%	$47K	$79K	25x	as long as short
Pacifica XAUshort	+0.0100%	1h	4,317.3	+0.001%	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.9	+0.063%	$272K	$208K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,321.5	+0.101%	$19.8M	$38.6M	25x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,319.8	+0.061%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0119%	4h	4,319.5	+0.054%	$30.0M	$61.0M	50x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,317.7	+0.011%	$584K	$134K	25x	as long as short
Bullet GOLD-USD	+0.0177%	1h	4,320.3	+0.072%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,323.6	+0.147%	$4.2M	$12.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0208%	1h	4,321.2	+0.093%	$4.3M	$1.9M	20x	as long as short
HTX XAU-USDT	+0.0225%	4h	4,325	+0.180%	$2.8M	$4.9M	75x	as long as short
Bitget XAUUSDT	+0.0230%	4h	4,320.2	+0.069%	$67.9M	$118.8M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0260%	1h	4,318.8	+0.037%	$192K	$832K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0311%	8h	4,321.9	+0.109%	$170.6M	$297.3M	100x	as long as short
BloFin XAU-USDT	+0.0338%	4h	4,321.3	+0.094%	$16.1M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0375%	4h	4,323.1	+0.138%	$2.2M	$967K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,320.7	+0.082%	$252K	—	111x	as long as short