XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0125%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.061%

Price spread now: Kraken Futures against Pacifica+0.021%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$7as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Pacifica Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.201%+$20 on $10k

Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.021%, 7d avg +0.011%

Together, before fees+0.209%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$4 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	4,372.7	0.0100	pay 0.0013% / 1h	47m 25s	$1.4M	$1.2M	10x
Short	Kraken Futures PF_XAUUSD	4,373.6	0.0225	get 0.0028% / 1h	47m 25s	$596K	$146K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.021%Rate

Funding earned: $26.15
Price spread: +0.021% → +0.011%: $0.92
Slippage, 4 orders: −$9.38
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$0.31
Costs to cover: 0.274%
Break-even: 7.1 days

Slippage from Pacifica: live order book, 2 min ago; Kraken Futures: live order book, 26 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, 2 min ago	0.11 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 26 min ago	1.42 bp	6.9 bp −$7	13.7 bp −$137	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
Bluefin GOLD-PERP	−0.0108%	1h	4,369.1	−0.083%	$26K	$22K	20x	as long as short
Hotstuff GOLD-PERP	−0.0032%	1h	4,372.3	−0.009%	$33K	—	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,375.1	+0.054%	$71.2M	$209.1M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,374.6	+0.043%	$410.1M	$2.15B	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,375	+0.052%	$374.3M	$321.4M	1000x	as long as short
Variational Omni XAU	0.0000%	4h	4,374.3	+0.038%	$48.7M	$27.9M	—	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,374.5	+0.041%	$4.0M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,380.1	+0.170%	$93K	$10.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,370.1	−0.059%	$268K	—	250x	as long as short
Bitget XAUUSDT	+0.0004%	4h	4,374.9	+0.051%	$69.7M	$114.3M	100x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAU_USDT	+0.0006%	4h	4,376.1	+0.077%	$266.3M	$409.5M	100x	as long as short
edgeX XAUUSDC	+0.0018%	4h	4,371.2	−0.035%	$30.4M	$60.2M	50x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.510%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,376.4	+0.085%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,374.6	+0.043%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,409.6	+0.844%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,375.1	+0.056%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,371.1	−0.037%	$294.6M	$52.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,370.7	−0.046%	$14.7M	$57.4M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,375.3	+0.059%	$48K	$64K	25x	as long as short
Paradex XAU-USD-PERP	+0.0069%	8h	4,374.7	+0.046%	$19K	$5K	5x	as long as short
Lighter XAU	+0.0072%	1h	4,374.1	+0.032%	$20.8M	$43.3M	25x	as long as short
Lighter RH XAU	+0.0080%	1h	4,376.5	+0.088%	$20.3M	$40.9M	25x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,374.9	+0.049%	$162K	$87	10x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,373.7	+0.023%	$2.0M	$5.1M	25x	as long as short
Pacifica XAUlong	+0.0100%	1h	4,372.7	long leg	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,373.2	+0.011%	$277K	$204K	50x	as long as short
Polymarket Perps GOLD-USD	+0.0104%	1h	4,374	+0.030%	$4.3M	$1.8M	20x	as long as short
Extended XAU-USD	+0.0112%	1h	4,371	−0.039%	$13.3M	$44.1M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0138%	4h	4,376.4	+0.085%	$1.4M	$3.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0171%	8h	4,376.9	+0.096%	$162.3M	$284.9M	100x	as long as short
Bybit XAUUSDT	+0.0176%	4h	4,375.7	+0.068%	$83.4M	$144.6M	150x	as long as short
Bullet GOLD-USD	+0.0188%	1h	4,374.7	+0.045%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSDshort	+0.0225%	1h	4,373.6	+0.021%	$596K	$146K	25x
BloFin XAU-USDT	+0.0240%	4h	4,378.3	+0.129%	$14.8M	$4.6M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0276%	1h	4,374.3	+0.037%	$236K	$655K	25x	as long as short
Phemex XAUUSDT	+0.0344%	4h	4,377	+0.099%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0390% / S −0.0197%	1h	4,374.6	+0.043%	$252K	—	111x	as long as short
HTX XAU-USDT	+0.0522%	4h	4,382	+0.212%	$2.9M	$3.8M	75x	as long as short