Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.015%
Price spread now: Pacifica against Hotstuff+0.007%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Pacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,338.20.0064pay 0.0008% / 1h48m 08s$33K25x
ShortPacifica XAU4,338.50.0100get 0.0013% / 1h48m 08s$1.4M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Hotstuff. 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
$7.56
Price spread: +0.007% → 0.000%
$0.69
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$4.75
Costs to cover
0.130%
Break-even
11.4 days
Slippage unknown: Hotstuff: no order-book sample; Pacifica: live order book, 1 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 Hotstuff no order-book sample
Sell Pacifica live order book, 1 min ago0.12 bp5.0 bp −$5doesn't fitdoesn't fitdoesn't fit
Hotstuff: 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
SunX XAU-USDT0.0000%4h4,346.6+0.194%$92K$8.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,338.8+0.014%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,341.4+0.073%$3.5M$12.2M25xas long as short
Bluefin GOLD-PERP+0.0012%1h4,335.8−0.056%$25K$14K20xas long as short
Lighter RH XAU+0.0032%1h4,343.9+0.131%$20.0M$39.2M25xas long as short
Extended XAU-USD+0.0032%1h4,338.6+0.010%$13.3M$37.9M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.282%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,341.7+0.081%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,340.7+0.058%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,374.6+0.839%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,340.4+0.051%$293.5M$49.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,338.8+0.013%$15.1M$56.8M25xas long as short
Kalshi KXGOLDPERP+0.0051%24h4,338.8+0.014%$4.3M$37.5M15xas long as short
Bybit XAUUSDT+0.0055%4h4,343.9+0.132%$80.5M$150.6M150xas long as short
Lighter XAU+0.0056%1h4,342+0.086%$20.8M$34.5M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,340.1+0.044%$2.1M$4.8M25xas long as short
Gate XAU_USDT+0.0060%4h4,345+0.156%$267.7M$411.6M100xas long as short
Hotstuff GOLD-PERPlong+0.0064%1h4,338.2long leg$33K25x
Aster XAUUSD1+0.0073%4h4,343.8+0.130%$71.5M$332.5M20xas long as short
Paradex XAU-USD-PERP+0.0081%8h4,342.1+0.089%$19K$5K5xas long as short
Variational Omni XAU+0.0082%4h4,340.8+0.060%$48.4M$27.6Mas long as short
MEXC XAU_USDT+0.0096%4h4,343.4+0.120%$372.6M$317.4M1000xas long as short
Binance XAUUSDT+0.0099%4h4,343.1+0.113%$415.0M$2.09B100xas long as short
Pacifica XAUshort+0.0100%1h4,338.5+0.007%$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,339.2+0.022%$274K$203K50xas long as short
Aevo XAU-PERP+0.0104%1h4,341.7+0.081%$161K$8710xas long as short
edgeX XAUUSDC+0.0112%4h4,336.5−0.039%$30.2M$58.2M50xas long as short
Phoenix GOLD+0.0136%1h4,338.3+0.002%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0144%4h4,341+0.064%$1.4M$2.9M25xas long as short
Phemex XAUUSDT+0.0196%4h4,343.9+0.132%$2.2M$967K100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0211%1h4,341.1+0.067%$205K$826K25xas long as short
Bullet GOLD-USD+0.0212%1h4,343+0.111%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0216%1h4,342.5+0.099%$4.3M$2.0M20xas long as short
Bitget XAUUSDT+0.0242%4h4,344.1+0.137%$71.1M$109.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,339.7+0.035%$592K$132K25xas long as short
OKX XAU-USDT-SWAP+0.0315%8h4,344.8+0.152%$166.2M$281.6M100xas long as short
BloFin XAU-USDT+0.0349%4h4,341.7+0.082%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0251%1h4,343.1+0.113%$250K111xas long as short
HTX XAU-USDT+0.0527%4h4,346+0.179%$2.8M$4.6M75xas long as short