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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0231%/8h= −25.3% APRnext payment $0.29 per $10,000 · paid last 24h +0.228%
Price spread now: Bluefin against Pacifica−0.106%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bluefin is 0.106% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,349.20.0100pay 0.0013% / 1h52m 17s$1.4M$1.2M10x
ShortBluefin GOLD-PERP4,344.6−0.0131pay 0.0016% / 1h52m 17s$25K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Pacifica. 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
−$48.61
Price spread: −0.106% → 0.000%
−$10.62
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$74.23
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 2 min ago; Bluefin: no order-book sample. 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 Pacifica live order book, 2 min ago0.12 bp4.3 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Bluefin no order-book sample
Bluefin: 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 38 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
Bluefin GOLD-PERPshort−0.0131%1h4,344.6−0.106%$25K$14K20x
Gate XAU_USDT0.0000%4h4,352.9+0.086%$262.6M$405.3M100xas long as short
SunX XAU-USDT0.0000%4h4,356.8+0.175%$93K$9.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,347.1−0.049%$269K250xas long as short
RISEx XAU/USDC+0.0010%1h4,352.6+0.078%$3.4M$12.4M25xas long as short
Lighter XAU+0.0032%1h4,349.4+0.004%$20.6M$41.8M25xas long as short
Extended XAU-USD+0.0032%1h4,347.4−0.041%$13.5M$40.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.028%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0037%24h4,349.3+0.002%$4.1M$36.2M15xas long as short
StandX XAU-USD+0.0040%1h4,354.8+0.129%$3.8M$4.6M40xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,386+0.846%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,351.5+0.053%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,348.4−0.018%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,348.1−0.025%$293.5M$48.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,349.5+0.007%$15.1M$57.9M25xas long as short
Aster XAUUSD1+0.0061%4h4,351.1+0.043%$70.1M$328.3M20xas long as short
Lighter RH XAU+0.0064%1h4,352.1+0.066%$20.1M$39.3M25xas long as short
Paradex XAU-USD-PERP+0.0085%8h4,352.3+0.072%$19K$5K5xas long as short
Pacifica XAUlong+0.0100%1h4,349.2long leg$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,351.3+0.049%$275K$204K50xas long as short
Polymarket Perps GOLD-USD+0.0101%1h4,351.6+0.055%$4.3M$1.9M20xas long as short
Hotstuff GOLD-PERP+0.0104%1h4,352.8+0.083%$33K25xas long as short
Variational Omni XAU+0.0107%4h4,352.3+0.071%$48.3M$28.1Mas long as short
Aevo XAU-PERP+0.0112%1h4,351.8+0.059%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,351.8+0.059%$372.1M$315.4M1000xas long as short
Binance XAUUSDT+0.0118%4h4,350.6+0.032%$410.4M$2.09B100xas long as short
edgeX XAUUSDC+0.0121%4h4,347.1−0.049%$30.3M$58.7M50xas long as short
GRVT XAU_USDT_Perp+0.0136%4h4,354+0.111%$1.4M$3.0M25xas long as short
Phoenix GOLD+0.0136%1h4,352+0.064%$48K$77K25xas long as short
Bullet GOLD-USD+0.0190%1h4,351.4+0.051%$59K$83K10xas long as short
Bybit XAUUSDT+0.0207%4h4,351.2+0.046%$84.0M$145.0M150xas long as short
Bitget XAUUSDT+0.0210%4h4,351.5+0.052%$69.7M$109.1M100xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,351.6+0.055%$164.6M$282.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0256%1h4,349.8+0.014%$259K$702K25xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,348.8−0.009%$593K$133K25xas long as short
Phemex XAUUSDT+0.0316%4h4,353.3+0.093%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0397% / S −0.0207%1h4,351.3+0.049%$251K111xas long as short
HTX XAU-USDT+0.0612%4h4,358.5+0.214%$2.9M$4.2M75xas long as short