XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.039%

Price spread now: Deribit against Pacifica+0.014%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on Pacifica Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.726%+$73 on $10k

Price spread, last 3 days (all we have)−0.040%−$4 · spread now +0.014%, 7d avg −0.037%

Together, before fees+0.685%+ Points / potential airdropPacifica: Active · farm board+$69 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Deribit is 0.050% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAU	4,360	0.0100	pay 0.0013% / 1h	0m 46s	$1.4M	$1.2M	10x
Short	Deribit GOLD_USDC-PERPETUAL	4,360.6	0.0232	get 0.0029% / 1h	0m 46s	$235K	$658K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee PacificabpFee DeribitbpOrdersPrice spread, now +0.014%Rate

Funding earned: $27.68
Price spread: +0.014% → −0.037%: $5.05
Slippage, 4 orders: −$6.12
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $11.61
Costs to cover: 0.211%
Break-even: 4.1 days

Slippage from Pacifica: live order book, 3 min ago; Deribit: live order book, 8 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 Pacifica live order book, 3 min ago	0.12 bp	5.0 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 8 min ago	0.12 bp	3.6 bp −$4	5.3 bp −$53	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
Aster XAUUSD1	0.0000%	4h	4,363.5	+0.080%	$69.8M	$235.1M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,362.9	+0.067%	$265.1M	$423.3M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,360.3	+0.007%	$4.0M	$36.7M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,367.1	+0.163%	$93K	$10.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,358.4	−0.038%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,358	−0.047%	$13.5M	$43.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.220%	$619	$54	52x	as long as short
Variational Omni XAU	+0.0040%	4h	4,362	+0.045%	$48.4M	$28.5M	—	as long as short
StandX XAU-USD	+0.0040%	1h	4,363.9	+0.089%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,362.4	+0.055%	$5.6M	$1.9M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,395.9	+0.823%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,362.8	+0.064%	$3.4M	$12.3M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,359.2	−0.018%	$33K	—	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,358.2	−0.041%	$294.1M	$51.8M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,358.9	−0.025%	$14.8M	$57.2M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,359.6	−0.009%	$48K	$64K	25x	as long as short
MEXC XAU_USDT	+0.0056%	4h	4,362.5	+0.056%	$372.8M	$331.7M	1000x	as long as short
Binance XAUUSDT	+0.0059%	4h	4,363.1	+0.071%	$411.7M	$2.14B	100x	as long as short
edgeX XAUUSDC	+0.0063%	4h	4,356.5	−0.079%	$30.3M	$60.4M	50x	as long as short
Lighter XAU	+0.0072%	1h	4,360.2	+0.005%	$20.6M	$44.5M	25x	as long as short
Paradex XAU-USD-PERP	+0.0088%	8h	4,362.9	+0.066%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0088%	1h	4,364.5	+0.103%	$20.2M	$41.5M	25x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,361.6	+0.036%	$162K	$87	10x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,359.4	−0.014%	$2.0M	$5.1M	25x	as long as short
Pacifica XAUlong	+0.0100%	1h	4,360	long leg	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,359.2	−0.019%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,355.4	−0.106%	$26K	$22K	20x	as long as short
Bitget XAUUSDT	+0.0108%	4h	4,362.8	+0.064%	$69.7M	$112.5M	100x	as long as short
Polymarket Perps GOLD-USD	+0.0117%	1h	4,361.4	+0.032%	$4.3M	$1.8M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0142%	4h	4,362.6	+0.060%	$1.4M	$3.1M	25x	as long as short
Bybit XAUUSDT	+0.0197%	4h	4,363.7	+0.085%	$83.8M	$144.9M	150x	as long as short
Bullet GOLD-USD	+0.0214%	1h	4,362.7	+0.063%	$59K	$82K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0215%	8h	4,364.2	+0.096%	$164.3M	$287.5M	100x	as long as short
BloFin XAU-USDT	+0.0225%	4h	4,362.7	+0.063%	$15.4M	$4.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,359.8	−0.004%	$595K	$141K	25x	as long as short
Deribit GOLD_USDC-PERPETUALshort	+0.0232%	1h	4,360.6	+0.014%	$235K	$658K	25x
Phemex XAUUSDT	+0.0301%	4h	4,364.9	+0.112%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,362.7	+0.063%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0557%	4h	4,367.1	+0.164%	$2.9M	$3.9M	75x	as long as short