Funding you earn now, next payment 09:00 UTC+0.0214%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.035%
Price spread now: GMX against Pacifica+0.100%7-day average +0.085% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.130%+$13 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.100%, 7d avg +0.085%
=Together, before fees+0.201%+ Points / potential airdropPacifica: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.085%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAU | 4,318 | 0.0100 | pay 0.0013% / 1h | 17m 16s | $1.4M | $1.3M | 10x |
| Short | GMX GOLD/USD [ETH-USDC] | 4,322.3 | L +0.0467% / S −0.0314% | get 0.0039% / 1h | 17m 16s | $256K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $45
- Price spread: +0.100% → +0.085%
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $26.5
- Costs to cover
- 0.200%
- Break-even
- 2.9 days
Slippage unknown: Pacifica: live order book, 2 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 2 min ago | 0.12 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,325.6 | +0.176% | $92K | $6.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,319.6 | +0.037% | $274K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.751% | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,352.6 | +0.801% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,318.9 | +0.021% | $6.6M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,317.2 | −0.018% | $291.6M | $54.5M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,321.4 | +0.079% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,316.7 | −0.030% | $15.0M | $56.3M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,316.7 | −0.030% | $2.0M | $5.2M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0061% | 8h | 4,321 | +0.071% | $2K | $13K | 5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | +0.0070% | 4h | 4,323.7 | +0.131% | $74.0M | $271.5M | 20x | as long as short |
| StandX XAU-USD | +0.0078% | 1h | 4,316.1 | −0.044% | $3.8M | $4.5M | 40x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,321.4 | +0.080% | $20.3M | $29.8M | 25x | as long as short |
| Extended XAU-USD | +0.0088% | 1h | 4,317.7 | −0.007% | $12.9M | $35.8M | 25x | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,311.2 | −0.157% | $42K | $86K | 25x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,323.8 | +0.134% | $19.8M | $40.7M | 25x | as long as short |
| Pacifica XAUlong | +0.0100% | 1h | 4,318 | long leg | $1.4M | $1.3M | 10x | |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,308.7 | −0.216% | $277K | $223K | 50x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,320.4 | +0.056% | $160K | $87 | 10x | as long as short |
| Kalshi KXGOLDPERP | +0.0115% | 24h | 4,323.8 | +0.134% | $3.6M | $47.5M | 15x | as long as short |
| Variational Omni XAU | +0.0115% | 4h | 4,311.4 | −0.152% | $46.9M | $29.9M | — | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,321.9 | +0.089% | $4.5M | $13.5M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0128% | 1h | 4,318.1 | +0.002% | $32K | — | 25x | as long as short |
| MEXC XAU_USDT | +0.0128% | 4h | 4,322 | +0.093% | $354.0M | $350.4M | 1000x | as long as short |
| Binance XAUUSDT | +0.0129% | 4h | 4,321.9 | +0.090% | $438.3M | $2.28B | 100x | as long as short |
| Bybit XAUUSDT | +0.0142% | 4h | 4,324.1 | +0.140% | $80.6M | $162.3M | 150x | as long as short |
| edgeX XAUUSDC | +0.0143% | 4h | 4,310.3 | −0.178% | $30.1M | $62.9M | 50x | as long as short |
| Gate XAU_USDT | +0.0178% | 4h | 4,322.9 | +0.114% | $301.3M | $437.9M | 100x | as long as short |
| Phemex XAUUSDT | +0.0184% | 4h | 4,322.8 | +0.110% | $2.2M | $961K | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0190% | 1h | 4,319.8 | +0.042% | $133K | $811K | 25x | as long as short |
| Bullet GOLD-USD | +0.0195% | 1h | 4,321 | +0.070% | $59K | $77K | 10x | as long as short |
| Bitget XAUUSDT | +0.0202% | 4h | 4,322.8 | +0.112% | $70.5M | $128.2M | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0240% | 4h | 4,315.1 | −0.068% | $1.4M | $3.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0250% | 8h | 4,323.4 | +0.125% | $171.3M | $344.1M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0327% | 1h | 4,319.4 | +0.032% | $576K | $145K | 25x | as long as short |
| BloFin XAU-USDT | +0.0369% | 4h | 4,320 | +0.046% | $16.2M | $5.3M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC]short | L +0.0467% / S −0.0314% | 1h | 4,322.3 | +0.100% | $256K | — | 111x | |
| HTX XAU-USDT | +0.1165% | 4h | 4,327.8 | +0.227% | $3.2M | $6.9M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.2141% | 1h | 4,316.8 | −0.027% | $25K | $1K | 20x | as long as short |
Pacifica XAU
GMX GOLD/USD [ETH-USDC]
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Aster XAUUSD1
StandX XAU-USD
Lighter XAU
Extended XAU-USD
Phoenix GOLD
Lighter RH XAU
ApeX Omni XAUUSDT
Kalshi KXGOLDPERP
Variational Omni XAU
RISEx XAU/USDC
MEXC XAU_USDT
Binance XAUUSDT
Bybit XAUUSDT
edgeX XAUUSDC
Gate XAU_USDT
Phemex XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Bitget XAUUSDT
GRVT XAU_USDT_Perp
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
HTX XAU-USDT
Bluefin GOLD-PERP