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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,3180.0100pay 0.0013% / 1h17m 16s$1.4M$1.3M10x
ShortGMX GOLD/USD [ETH-USDC]4,322.3L +0.0467% / S −0.0314%get 0.0039% / 1h17m 16s$256K111x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 2 min ago0.12 bp5.7 bp −$6doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XAU-USDT0.0000%4h4,325.6+0.176%$92K$6.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,319.6+0.037%$274K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.751%$619$5452xas long as short
Vest GC-PERP+0.0046%1h4,352.6+0.801%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,318.9+0.021%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,317.2−0.018%$291.6M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,321.4+0.079%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,316.7−0.030%$15.0M$56.3M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,316.7−0.030%$2.0M$5.2M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,321+0.071%$2K$13K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAUUSD1+0.0070%4h4,323.7+0.131%$74.0M$271.5M20xas long as short
StandX XAU-USD+0.0078%1h4,316.1−0.044%$3.8M$4.5M40xas long as short
Lighter XAU+0.0080%1h4,321.4+0.080%$20.3M$29.8M25xas long as short
Extended XAU-USD+0.0088%1h4,317.7−0.007%$12.9M$35.8M25xas long as short
Phoenix GOLD+0.0095%1h4,311.2−0.157%$42K$86K25xas long as short
Lighter RH XAU+0.0096%1h4,323.8+0.134%$19.8M$40.7M25xas long as short
Pacifica XAUlong+0.0100%1h4,318long leg$1.4M$1.3M10x
ApeX Omni XAUUSDT+0.0100%1h4,308.7−0.216%$277K$223K50xas long as short
Aevo XAU-PERP+0.0112%1h4,320.4+0.056%$160K$8710xas long as short
Kalshi KXGOLDPERP+0.0115%24h4,323.8+0.134%$3.6M$47.5M15xas long as short
Variational Omni XAU+0.0115%4h4,311.4−0.152%$46.9M$29.9Mas long as short
RISEx XAU/USDC+0.0126%1h4,321.9+0.089%$4.5M$13.5M25xas long as short
Hotstuff GOLD-PERP+0.0128%1h4,318.1+0.002%$32K25xas long as short
MEXC XAU_USDT+0.0128%4h4,322+0.093%$354.0M$350.4M1000xas long as short
Binance XAUUSDT+0.0129%4h4,321.9+0.090%$438.3M$2.28B100xas long as short
Bybit XAUUSDT+0.0142%4h4,324.1+0.140%$80.6M$162.3M150xas long as short
edgeX XAUUSDC+0.0143%4h4,310.3−0.178%$30.1M$62.9M50xas long as short
Gate XAU_USDT+0.0178%4h4,322.9+0.114%$301.3M$437.9M100xas long as short
Phemex XAUUSDT+0.0184%4h4,322.8+0.110%$2.2M$961K100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0190%1h4,319.8+0.042%$133K$811K25xas long as short
Bullet GOLD-USD+0.0195%1h4,321+0.070%$59K$77K10xas long as short
Bitget XAUUSDT+0.0202%4h4,322.8+0.112%$70.5M$128.2M100xas long as short
GRVT XAU_USDT_Perp+0.0240%4h4,315.1−0.068%$1.4M$3.1M25xas long as short
OKX XAU-USDT-SWAP+0.0250%8h4,323.4+0.125%$171.3M$344.1M100xas long as short
Kraken Futures PF_XAUUSD+0.0327%1h4,319.4+0.032%$576K$145K25xas long as short
BloFin XAU-USDT+0.0369%4h4,320+0.046%$16.2M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]shortL +0.0467% / S −0.0314%1h4,322.3+0.100%$256K111x
HTX XAU-USDT+0.1165%4h4,327.8+0.227%$3.2M$6.9M75xas long as short
Bluefin GOLD-PERP+0.2141%1h4,316.8−0.027%$25K$1K20xas long as short