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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter against Pacifica+0.039%7-day average +0.047% · 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 7 days+0.025%+$3 on $10k
Price spread, last 7 days+0.049%+$5 · spread now +0.039%, 7d avg +0.047%
Together, before fees+0.074%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAU4,343.40.0100pay 0.0013% / 1h12m 31s$1.4M$1.1M10x
ShortLighter XAU4,345.10.0032get 0.0004% / 1h12m 31s$20.8M$38.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$14.28
Price spread: +0.039% → +0.047%
−$0.78
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$23.06
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 1 min ago; Lighter: live order book, 6 min ago. 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, 1 min ago0.12 bp4.2 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.60 bp0.8 bp −$12.1 bp −$218.8 bp −$87620.3 bp −$10.1K

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
RISEx XAU/USDC0.0000%1h4,345.6+0.050%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,347.4+0.093%$265.5M$417.2M100xas long as short
SunX XAU-USDT0.0000%4h4,351.3+0.181%$92K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.3−0.003%$272K250xas long as short
Lighter XAUshort+0.0032%1h4,345.1+0.039%$20.8M$38.2M25x
Extended XAU-USD+0.0032%1h4,342−0.033%$13.2M$38.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.162%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,346.9+0.081%$20.1M$39.3M25xas long as short
StandX XAU-USD+0.0040%1h4,348.1+0.108%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,345.4+0.046%$5.7M$2.0M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,378.6+0.810%$1.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,343−0.009%$2.0M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0048%24h4,345.6+0.051%$4.2M$37.4M15xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,343.3−0.002%$293.8M$49.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,341.9−0.035%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0059%4h4,347+0.084%$71.2M$333.2M20xas long as short
Hotstuff GOLD-PERP+0.0064%1h4,344+0.014%$33K25xas long as short
Variational Omni XAU+0.0075%4h4,349.4+0.139%$48.4M$28.0Mas long as short
Paradex XAU-USD-PERP+0.0080%8h4,345.7+0.054%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0086%4h4,346.5+0.071%$1.4M$2.9M25xas long as short
MEXC XAU_USDT+0.0088%4h4,346.3+0.066%$372.3M$319.4M1000xas long as short
Binance XAUUSDT+0.0089%4h4,345.8+0.056%$413.3M$2.10B100xas long as short
edgeX XAUUSDC+0.0099%4h4,343.2−0.005%$30.2M$58.3M50xas long as short
Pacifica XAUlong+0.0100%1h4,343.4long leg$1.4M$1.1M10x
ApeX Omni XAUUSDT+0.0100%1h4,343.3−0.003%$274K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,343.3−0.002%$25K$14K20xas long as short
Aevo XAU-PERP+0.0104%1h4,346.2+0.065%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,344.7+0.030%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0160%1h4,347.1+0.085%$4.3M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0164%1h4,345.1+0.039%$206K$824K25xas long as short
Bullet GOLD-USD+0.0185%1h4,347.2+0.087%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,343.7+0.008%$592K$132K25xas long as short
Phemex XAUUSDT+0.0228%4h4,350+0.153%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0232%4h4,346.1+0.062%$70.0M$109.2M100xas long as short
Bybit XAUUSDT+0.0240%4h4,346.9+0.081%$85.1M$145.4M150xas long as short
OKX XAU-USDT-SWAP+0.0296%8h4,347.1+0.085%$165.3M$281.9M100xas long as short
BloFin XAU-USDT+0.0329%4h4,346.8+0.078%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0418% / S −0.0238%1h4,347.2+0.086%$248K111xas long as short
HTX XAU-USDT+0.0618%4h4,351.3+0.182%$2.8M$4.6M75xas long as short