XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: tradeXYZ against Pacifica−0.021%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on Pacifica Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.049%+$5 · spread now −0.021%, 7d avg +0.006%

Together, before fees+0.057%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.027% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAU	4,301.5	0.0100	pay 0.0013% / 1h	59m 13s	$1.4M	$1.2M	10x
Short	tradeXYZ xyz:GOLD	4,300.6	0.0050	get 0.0006% / 1h	59m 13s	$289.9M	$53.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$10.5
Price spread: −0.021% → +0.006%: −$2.68
Slippage, 4 orders: −$2.09
Fee Pacifica: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$41.27
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from Pacifica: live order book, 5 min ago; tradeXYZ: live order book, 11 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, 5 min ago	0.12 bp	4.3 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.12 bp	9.1 bp −$9	9.4 bp −$94	10.6 bp −$1,061	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
Bybit XAUUSDT	0.0000%	4h	4,305.5	+0.092%	$77.0M	$156.5M	150x	as long as short
SunX XAU-USDT	0.0000%	4h	4,308.7	+0.167%	$92K	$7.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,300.5	−0.024%	$268K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+1.137%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,304	+0.058%	$6.6M	$3.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,336.8	+0.821%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERP	+0.0048%	1h	4,301.3	−0.005%	$32K	—	25x	as long as short
tradeXYZ xyz:GOLDshort	+0.0050%	1h	4,300.6	−0.021%	$289.9M	$53.5M	25x
Polymarket Perps GOLD-USD	+0.0050%	1h	4,306	+0.105%	$4.3M	$1.8M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,301.2	−0.006%	$15.0M	$55.4M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,301.3	−0.005%	$2.0M	$5.1M	25x	as long as short
Aster XAUUSD1	+0.0058%	4h	4,306.2	+0.109%	$72.9M	$272.1M	20x	as long as short
Paradex XAU-USD-PERP	+0.0062%	8h	4,304.3	+0.064%	$2K	$14K	5x	as long as short
Lighter RH XAU	+0.0064%	1h	4,306.3	+0.111%	$19.8M	$39.0M	25x	as long as short
Lighter XAU	+0.0072%	1h	4,303.7	+0.050%	$20.2M	$28.2M	25x	as long as short
Extended XAU-USD	+0.0096%	1h	4,300.6	−0.021%	$13.1M	$36.3M	25x	as long as short
Phoenix GOLD	+0.0096%	1h	4,302.4	+0.021%	$42K	$79K	25x	as long as short
Pacifica XAUlong	+0.0100%	1h	4,301.5	long leg	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,303.7	+0.051%	$269K	$214K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,301.1	−0.010%	$25K	$1K	20x	as long as short
Kalshi KXGOLDPERP	+0.0102%	24h	4,306.6	+0.119%	$3.6M	$45.8M	15x	as long as short
Variational Omni XAU	+0.0102%	4h	4,304.4	+0.068%	$46.7M	$29.3M	—	as long as short
MEXC XAU_USDT	+0.0112%	4h	4,304.9	+0.079%	$362.2M	$329.8M	1000x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,304.3	+0.065%	$159K	$87	10x	as long as short
Binance XAUUSDT	+0.0115%	4h	4,304.8	+0.077%	$428.4M	$2.19B	100x	as long as short
Gate XAU_USDT	+0.0120%	4h	4,307	+0.127%	$291.7M	$415.8M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0120%	4h	4,305	+0.082%	$1.4M	$3.0M	25x	as long as short
edgeX XAUUSDC	+0.0123%	4h	4,304	+0.057%	$29.9M	$60.6M	50x	as long as short
RISEx XAU/USDC	+0.0126%	1h	4,304.9	+0.079%	$4.4M	$13.1M	25x	as long as short
Bullet GOLD-USD	+0.0166%	1h	4,305	+0.081%	$59K	$81K	10x	as long as short
StandX XAU-USD	+0.0189%	1h	4,306.6	+0.119%	$3.8M	$4.5M	40x	as long as short
Bitget XAUUSDT	+0.0192%	4h	4,304.7	+0.073%	$70.8M	$122.8M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0256%	8h	4,305.2	+0.086%	$171.5M	$316.5M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0328%	1h	4,302.5	+0.024%	$572K	$138K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0378%	1h	4,303.7	+0.051%	$135K	$869K	25x	as long as short
BloFin XAU-USDT	+0.0458%	4h	4,304.8	+0.076%	$16.6M	$4.9M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0466% / S −0.0313%	1h	4,304.7	+0.074%	$254K	—	111x	as long as short
Phemex XAUUSDT	+0.0513%	4h	4,310.3	+0.204%	$2.2M	$950K	100x	as long as short
HTX XAU-USDT	+0.1186%	4h	4,313.5	+0.279%	$3.2M	$6.2M	75x	as long as short