After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.107%7d average+0.071%fees + slippage, in and out−$20spread needed0.199%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAU | 4,341.3 | 0.0100 | pay 0.0013% / 1h | 30m 51s | $1.4M | $1.3M | 10x |
| Short | Binance XAUUSDT | 4,345.9 | 0.0144 | get 0.0072% / 4h | 1h 30m | $441.2M | $1.76B | 100x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.65
- Funding while held
- $1.31
- Slippage, 4 orders
- −$1.9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$7.94
- Spread needed to break even
- 0.199%
Slippage from Pacifica: live order book, 5 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0044%
- Per $10,000 a day
- +$1.31
- Average in range /8h
- —
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 Pacifica live order book, 5 min ago | 0.35 bp | 5.1 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.01 bp | 5.0 bp −$5 | 5.1 bp −$51 | 7.2 bp −$724 | doesn't fit |
XAU price on every exchange
against the cheapest. Click to use as the short leg.XAU on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.083% | +0.5813% | 1h | $26K | $23K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.062% | +0.0136% | 1h | $33K | — | 25x | as long as short |
| edgeX XAUUSDC | −0.060% | +0.0151% | 4h | $30.2M | $47.3M | 50x | as long as short |
| Phoenix GOLD | −0.058% | +0.0123% | 1h | $52K | $53K | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.056% | +0.0100% | 1h | $272K | $203K | 50x | as long as short |
| tradeXYZ xyz:GOLD | −0.028% | +0.0050% | 1h | $293.9M | $52.8M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.021% | L +0.0002% / S −0.0001% | 1h | $186K | — | 250x | as long as short |
| Extended XAU-USD | −0.018% | +0.0032% | 1h | $13.3M | $53.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | −0.010% | +0.0050% | 1h | $14.7M | $39.7M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.001% | +0.0274% | 1h | $588K | $104K | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XAUlong | 0.000% | +0.0100% | 1h | $1.4M | $1.3M | 10x | |
| Coinbase International GOLD-PERP-INTX | +0.014% | +0.0120% | 1h | $2.0M | $4.7M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.032% | +0.0166% | 24h | $4.0M | $21.8M | 15x | as long as short |
| Lighter XAU | +0.043% | +0.0088% | 1h | $20.6M | $42.7M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.048% | +0.0188% | 1h | $203K | $903K | 25x | as long as short |
| QFEX GOLD-USD | +0.051% | +0.0040% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Aevo XAU-PERP | +0.053% | +0.0120% | 1h | $161K | $43 | 10x | as long as short |
| StandX XAU-USD | +0.053% | +0.0040% | 1h | $3.7M | $1.3M | 40x | as long as short |
| Paradex XAU-USD-PERP | +0.058% | +0.0060% | 8h | $19K | $6K | 5x | as long as short |
| RISEx XAU/USDC | +0.062% | 0.0000% | 1h | $3.8M | $10.9M | 25x | as long as short |
| Bitget XAUUSDT | +0.069% | +0.0238% | 4h | $66.4M | $85.6M | 100x | as long as short |
| Bullet GOLD-USD | +0.074% | +0.0219% | 1h | $59K | $78K | 10x | as long as short |
| Variational Omni XAU | +0.074% | +0.0133% | 4h | $47.1M | $42.9M | — | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.074% | L +0.0352% / S −0.0165% | 1h | $219K | — | 111x | as long as short |
| Polymarket Perps GOLD-USD | +0.081% | +0.0284% | 1h | $4.1M | $1.8M | 20x | as long as short |
| BloFin XAU-USDT | +0.084% | +0.0383% | 4h | $14.9M | $4.0M | 100x | as long as short |
| MEXC XAU_USDT | +0.085% | +0.0142% | 4h | $369.3M | $359.8M | 1000x | as long as short |
| Aster XAUUSD1 | +0.103% | +0.0148% | 4h | $68.4M | $158.6M | 20x | as long as short |
| Gate XAU_USDT | +0.103% | +0.0064% | 4h | $261.1M | $339.3M | 100x | as long as short |
| Lighter RH XAU | +0.106% | +0.0096% | 1h | $19.6M | $38.6M | 25x | as long as short |
| Binance XAUUSDTshort | +0.107% | +0.0144% | 4h | $441.2M | $1.76B | 100x | |
| OKX XAU-USDT-SWAP | +0.115% | +0.0267% | 8h | $156.7M | $237.7M | 100x | as long as short |
| Phemex XAUUSDT | +0.117% | +0.0230% | 4h | $2.2M | $960K | 100x | as long as short |
| Bybit XAUUSDT | +0.143% | +0.0086% | 4h | $81.7M | $122.7M | 150x | as long as short |
| HTX XAU-USDT | +0.170% | +0.0396% | 4h | $2.4M | $1.8M | 75x | as long as short |
| SunX XAU-USDT | +0.177% | 0.0000% | 4h | $92K | $10.0M | 20x | as long as short |
| Injective XAU/USDC PERP | +0.210% | +0.0033% | 1h | $619 | $146K | 52x | as long as short |
| Vest GC-PERP | +0.848% | +0.0046% | 1h | — | $629K | 25x | as long as short |
Pacifica XAU
Binance XAUUSDT
Bluefin
Phoenix
ApeX Omni
tradeXYZ
gTrade (Gains Network)
Extended
Kraken Futures
Coinbase International
Lighter
Deribit
StandX
Paradex
RISEx
Bitget
Bullet
Variational Omni
GMX
Polymarket Perps
BloFin
MEXC
Aster
Gate
Lighter RH
OKX
Phemex
Bybit
HTX
SunX
Injective