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: Pacifica against Vest−0.839%7-day average −0.951% · you buy dearer than you sell
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)−0.035%−$3 · spread now −0.839%, 7d avg −0.951%
Together, before fees−0.049%+ Points / potential airdropVest: Active · Pacifica: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.112% dearer against Vest than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.951%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,393.60.0046pay 0.0006% / 1h22m 21s$1.0M25x
ShortPacifica XAU4,356.80.0100get 0.0013% / 1h22m 21s$1.4M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Vest. 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: −0.839% → −0.951%
$11.24
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$12.65
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Pacifica: live order book, 2 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 Vest no order-book sample
Sell Pacifica live order book, 2 min ago0.34 bp4.6 bp −$5doesn't fitdoesn't fitdoesn't fit
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%4h4,359.3−0.780%$71.0M$200.6M20xas long as short
Gate XAU_USDT0.0000%4h4,360.2−0.761%$266.2M$417.0M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,355.9−0.858%$4.0M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,363.6−0.682%$93K$10.2M20xas long as short
Variational Omni XAU0.0000%4h4,360.4−0.755%$47.8M$28.1Mas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,355.1−0.876%$267K250xas long as short
edgeX XAUUSDC+0.0022%4h4,355.1−0.876%$30.3M$60.4M50xas long as short
MEXC XAU_USDT+0.0022%4h4,359.1−0.785%$372.8M$328.2M1000xas long as short
Binance XAUUSDT+0.0024%4h4,358.9−0.791%$411.6M$2.15B100xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,356.9−0.835%$33K25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.983%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,360.6−0.751%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,359.3−0.781%$5.6M$1.9M20xas long as short
Vest GC-PERPlong+0.0046%1h4,393.6long leg$1.0M25x
RISEx XAU/USDC+0.0048%1h4,359.9−0.766%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,355.7−0.863%$293.7M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,355.2−0.875%$14.7M$57.3M25xas long as short
Phoenix GOLD+0.0055%1h4,358.5−0.799%$48K$64K25xas long as short
Bitget XAUUSDT+0.0060%4h4,359.5−0.777%$69.1M$113.9M100xas long as short
Lighter XAU+0.0072%1h4,359.6−0.775%$20.6M$44.1M25xas long as short
Extended XAU-USD+0.0080%1h4,356.4−0.846%$13.5M$43.7M25xas long as short
Paradex XAU-USD-PERP+0.0080%8h4,360.4−0.757%$19K$5K5xas long as short
Aevo XAU-PERP+0.0088%1h4,359−0.788%$161K$8710xas long as short
BloFin XAU-USDT+0.0091%4h4,361.9−0.722%$15.5M$4.5M100xas long as short
Lighter RH XAU+0.0096%1h4,361.7−0.726%$20.2M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,354.3−0.894%$2.0M$5.1M25xas long as short
Pacifica XAUshort+0.0100%1h4,356.8−0.839%$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,357.8−0.815%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,351.4−0.960%$25K$22K20xas long as short
Bybit XAUUSDT+0.0110%4h4,359.7−0.772%$83.5M$144.4M150xas long as short
Polymarket Perps GOLD-USD+0.0120%1h4,358.1−0.808%$4.3M$1.8M20xas long as short
GRVT XAU_USDT_Perp+0.0152%4h4,361.1−0.740%$1.4M$3.1M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0163%1h4,358.6−0.797%$235K$656K25xas long as short
OKX XAU-USDT-SWAP+0.0199%8h4,360−0.765%$163.8M$289.3M100xas long as short
Bullet GOLD-USD+0.0211%1h4,359.5−0.776%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,356.7−0.839%$594K$151K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,360.4−0.756%$252K111xas long as short
Phemex XAUUSDT+0.0532%4h4,363.1−0.694%$2.2M$1.1M100xas long as short
HTX XAU-USDT+0.0575%4h4,363.4−0.689%$2.9M$3.9M75xas long as short