Funding you earn now, next payment 05:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Pacifica+0.004%7-day average −0.020% · 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−$274as in the Price arb table
costs, in and out, $10k−$2762.763% of the position
Funding, last 3 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.004%, 7d avg −0.020%
=Together, before fees+0.030%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.024% dearer against Pacifica than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.020%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 3 days (−0.033% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAU | 4,338.5 | 0.0100 | pay 0.0013% / 1h | 43m 02s | $1.4M | $1.1M | 10x |
| Short | gTrade (Gains Network) XAU/USD | 4,338.7 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 43m 02s | $271K | — | 250x |
Pacifica XAU
gTrade (Gains Network) XAU/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.35
- Price spread: +0.004% → −0.020%
- $2.43
- Slippage, 4 orders
- −$261.31
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$294.24
- Costs to cover
- 2.763%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 41 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, 1 min ago | 0.12 bp | 4.2 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 41 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0034% | 1h | 4,336.2 | −0.052% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,346.5 | +0.185% | $92K | $8.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | L +0.0002% / S −0.0003% | 1h | 4,338.7 | +0.004% | $271K | — | 250x | |
| RISEx XAU/USDC | +0.0005% | 1h | 4,341.4 | +0.067% | $3.5M | $12.1M | 25x | as long as short |
| Gate XAU_USDT | +0.0006% | 4h | 4,343.5 | +0.115% | $267.7M | $413.1M | 100x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,343.6 | +0.118% | $20.0M | $39.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,337.9 | −0.014% | $13.3M | $37.9M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0032% | 1h | 4,340.3 | +0.041% | $33K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.275% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,343.7 | +0.120% | $3.8M | $4.5M | 40x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
RISEx XAU/USDC
Gate XAU_USDT
Lighter RH XAU
Extended XAU-USD
Hotstuff GOLD-PERP
Injective XAU/USDC PERP
StandX XAU-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0042% | 1h | 4,340.5 | +0.046% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,375.2 | +0.846% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,341.6 | +0.070% | $20.8M | $34.5M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,339.2 | +0.016% | $293.6M | $49.3M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,338.7 | +0.004% | $15.1M | $56.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,339.6 | +0.025% | $4.3M | $37.5M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,339.7 | +0.028% | $2.1M | $4.8M | 25x | as long as short |
| Bybit XAUUSDT | +0.0064% | 4h | 4,342.9 | +0.101% | $80.2M | $150.9M | 150x | as long as short |
| Aster XAUUSD1 | +0.0076% | 4h | 4,343.4 | +0.113% | $71.4M | $332.4M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0082% | 8h | 4,342.1 | +0.083% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0087% | 4h | 4,342.7 | +0.098% | $48.3M | $27.7M | — | as long as short |
| Pacifica XAUlong | +0.0100% | 1h | 4,338.5 | long leg | $1.4M | $1.1M | 10x | |
| MEXC XAU_USDT | +0.0100% | 4h | 4,343 | +0.104% | $369.6M | $318.8M | 1000x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,339.5 | +0.024% | $274K | $203K | 50x | as long as short |
| Binance XAUUSDT | +0.0102% | 4h | 4,342.3 | +0.087% | $417.1M | $2.09B | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,341.9 | +0.078% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0113% | 4h | 4,338.3 | −0.004% | $30.2M | $58.3M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,338.8 | +0.007% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0174% | 4h | 4,343.4 | +0.113% | $1.4M | $2.9M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0211% | 1h | 4,341.1 | +0.060% | $205K | $827K | 25x | as long as short |
| Bullet GOLD-USD | +0.0212% | 1h | 4,343.2 | +0.108% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0217% | 1h | 4,342.6 | +0.095% | $4.3M | $2.0M | 20x | as long as short |
| Bitget XAUUSDT | +0.0244% | 4h | 4,342.3 | +0.088% | $71.1M | $109.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,339.7 | +0.028% | $592K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0296% | 4h | 4,343.9 | +0.125% | $2.2M | $967K | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0318% | 8h | 4,342.9 | +0.101% | $166.3M | $281.7M | 100x | as long as short |
| BloFin XAU-USDT | +0.0361% | 4h | 4,343.1 | +0.107% | $15.6M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0427% / S −0.0252% | 1h | 4,343.2 | +0.109% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0542% | 4h | 4,346.8 | +0.192% | $2.8M | $4.6M | 75x | as long as short |
QFEX GOLD-USD
Vest GC-PERP
Lighter XAU
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
Bybit XAUUSDT
Aster XAUUSD1
Paradex XAU-USD-PERP
Variational Omni XAU
MEXC XAU_USDT
ApeX Omni XAUUSDT
Binance XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Phoenix GOLD
GRVT XAU_USDT_Perp
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Bitget XAUUSDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT