Funding arb · Price arb /

XAU

RWAall XAU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against ApeX Omni−0.023%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on ApeX Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.023%, 7d avg −0.036%

Together, before fees−0.065%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XAUUSDT	4,341.2	0.0100	pay 0.0013% / 1h	16m 50s	$274K	$203K	50x
Short	Pacifica XAU	4,340.2	0.0100	get 0.0013% / 1h	16m 50s	$1.4M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against ApeX Omni. 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 ApeX OmnibpFee PacificabpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → −0.036%: $1.26
Slippage, 4 orders: −$23.91
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$40.65
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 35 min ago; Pacifica: live order book, 2 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 ApeX Omni live order book, 35 min ago	3.33 bp	17.4 bp −$17	27.5 bp −$275	37.7 bp −$3,774	doesn't fit
Sell Pacifica live order book, 2 min ago	0.12 bp	4.4 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
SunX XAU-USDT	0.0000%	4h	4,348.1	+0.161%	$92K	$8.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,340.3	−0.021%	$272K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,344.2	+0.070%	$3.8M	$12.5M	25x	as long as short
Bluefin GOLD-PERP	+0.0016%	1h	4,337.7	−0.081%	$25K	$14K	20x	as long as short
Extended XAU-USD	+0.0032%	1h	4,340.4	−0.018%	$13.3M	$37.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.213%	$619	$54	52x	as long as short
Bybit XAUUSDT	+0.0034%	4h	4,345.3	+0.094%	$80.0M	$152.2M	150x	as long as short
StandX XAU-USD	+0.0040%	1h	4,344.2	+0.070%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,343.6	+0.056%	$5.6M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,376.7	+0.819%	—	$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:GOLD	+0.0050%	1h	4,341.1	−0.001%	$293.7M	$49.2M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,341.2	+0.002%	$15.0M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,341	−0.004%	$4.3M	$37.4M	15x	as long as short
Lighter XAU	+0.0056%	1h	4,343.4	+0.053%	$20.7M	$34.7M	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,340.6	−0.013%	$33K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,339.3	−0.043%	$2.1M	$4.8M	25x	as long as short
Paradex XAU-USD-PERP	+0.0061%	8h	4,343.9	+0.063%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0072%	1h	4,345.7	+0.105%	$20.2M	$40.1M	25x	as long as short
Gate XAU_USDT	+0.0084%	4h	4,345.6	+0.103%	$268.2M	$418.0M	100x	as long as short
Aster XAUUSD1	+0.0085%	4h	4,345	+0.088%	$71.5M	$331.8M	20x	as long as short
Pacifica XAUshort	+0.0100%	1h	4,340.2	−0.023%	$1.4M	$1.1M	10x
ApeX Omni XAUUSDTlong	+0.0100%	1h	4,341.2	long leg	$274K	$203K	50x
Variational Omni XAU	+0.0104%	4h	4,343.9	+0.063%	$48.3M	$27.5M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,343.4	+0.051%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,344.4	+0.075%	$371.5M	$320.9M	1000x	as long as short
Binance XAUUSDT	+0.0119%	4h	4,344.3	+0.072%	$418.4M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0129%	4h	4,340.2	−0.023%	$30.2M	$58.2M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,340.5	−0.015%	$47K	$77K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0165%	1h	4,342.7	+0.035%	$205K	$826K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0182%	4h	4,344.6	+0.079%	$1.4M	$2.9M	25x	as long as short
Phemex XAUUSDT	+0.0185%	4h	4,347	+0.133%	$2.2M	$967K	100x	as long as short
Polymarket Perps GOLD-USD	+0.0211%	1h	4,343.8	+0.061%	$4.3M	$2.0M	20x	as long as short
Bullet GOLD-USD	+0.0211%	1h	4,344.1	+0.068%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,340.9	−0.005%	$592K	$132K	25x	as long as short
Bitget XAUUSDT	+0.0268%	4h	4,344.9	+0.087%	$71.1M	$109.3M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0326%	8h	4,345.4	+0.098%	$167.2M	$282.8M	100x	as long as short
BloFin XAU-USDT	+0.0359%	4h	4,344.2	+0.070%	$15.7M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,344.1	+0.068%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0528%	4h	4,346.8	+0.130%	$2.8M	$4.6M	75x	as long as short