Spread before costs (cost unknown: a leg has no order-book sample)−0.040%
7d average—if it closes, per $10,000$4funding while held, a day+$1.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XAU-USD-PERP | 4,344.5 | 0.0063 | pay 0.0063% / 8h | 1h 24m | $19K | $6K | 5x |
| Short | Pacifica XAU | 4,342.8 | 0.0100 | get 0.0013% / 1h | 24m 59s | $1.4M | $1.3M | 10x |
Paradex XAU-USD-PERP
Pacifica XAUPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.98
- Funding while held
- $1.1
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$14.88
- Spread needed to break even
- 0.120%
Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, just now. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0037%
- Per $10,000 a day
- +$1.10
- Average in range /8h
- —
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 Paradex no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, just now | 0.12 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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 price on every exchange
against the cheapest. Click to use as the short leg.Bluefin4,336.5cheapestgTrade (Gains Network)4,338.1+0.038%tradeXYZ4,338.2+0.040%Extended4,338.7+0.050%ApeX Omni4,339.6+0.073%Coinbase International4,339.9+0.079%Kraken Futures4,340.7+0.096%Ondo Perps4,340.7+0.098%Deribit4,340.8+0.100%Lighter4,341.3+0.112%Binance4,341.4+0.113%Bitget4,341.5+0.116%OKX4,341.5+0.116%Phoenix4,341.7+0.120%edgeX4,341.8+0.123%Bybit4,342+0.126%Aster4,342.2+0.132%Hotstuff4,342.4+0.137%Aevo4,342.5+0.138%MEXC4,342.6+0.140%Variational Omni4,342.8+0.146%
Bluefin
gTrade (Gains Network)
tradeXYZ
Extended
ApeX Omni
Coinbase International
Kraken Futures
Ondo Perps
Deribit
Lighter
Binance
Bitget
OKX
Phoenix
Bybit
Aster
Hotstuff
Aevo
MEXC
Variational OmniPacifica4,342.8+0.146%
BloFin4,342.9+0.147%Kalshi4,343.1+0.153%RISEx4,343.1+0.153%GMX4,343.1+0.153%QFEX4,343.6+0.164%Bullet4,343.7+0.166%Lighter RH4,343.8+0.169%Gate4,343.9+0.170%
BloFin
RISEx
GMX
QFEX
Bullet
Lighter RH
GateParadex4,344.5+0.186%
Polymarket Perps4,344.6+0.187%Phemex4,344.7+0.189%StandX4,346.4+0.229%SunX4,347.2+0.248%HTX4,348.1+0.268%Injective4,350.4+0.321%Vest4,378+0.957%
Polymarket Perps
Phemex
StandX
SunX
HTX
Injective
VestXAU on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.185% | +0.4600% | 1h | $26K | $23K | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.147% | L +0.0002% / S −0.0001% | 1h | $186K | — | 250x | as long as short |
| tradeXYZ xyz:GOLD | −0.146% | +0.0050% | 1h | $293.8M | $52.8M | 25x | as long as short |
| Extended XAU-USD | −0.135% | +0.0040% | 1h | $13.3M | $52.8M | 25x | as long as short |
| ApeX Omni XAUUSDT | −0.113% | +0.0100% | 1h | $272K | $203K | 50x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.107% | +0.0120% | 1h | $2.0M | $4.7M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.089% | +0.0274% | 1h | $588K | $104K | 25x | as long as short |
| Ondo Perps XAU-USD.P | −0.088% | +0.0050% | 1h | $14.7M | $40.1M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.086% | +0.0234% | 1h | $202K | $907K | 25x | as long as short |
| Lighter XAU | −0.074% | +0.0088% | 1h | $20.6M | $42.9M | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance XAUUSDT | −0.072% | +0.0150% | 4h | $441.9M | $1.78B | 100x | as long as short |
| Bitget XAUUSDT | −0.070% | +0.0250% | 4h | $66.8M | $86.5M | 100x | as long as short |
| OKX XAU-USDT-SWAP | −0.070% | +0.0264% | 8h | $156.9M | $240.5M | 100x | as long as short |
| Phoenix GOLD | −0.065% | +0.0123% | 1h | $52K | $53K | 25x | as long as short |
| edgeX XAUUSDC | −0.062% | +0.0157% | 4h | $30.2M | $47.6M | 50x | as long as short |
| Bybit XAUUSDT | −0.059% | +0.0091% | 4h | $81.5M | $123.3M | 150x | as long as short |
| Aster XAUUSD1 | −0.053% | +0.0152% | 4h | $68.3M | $158.9M | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.049% | 0.0000% | 1h | $33K | — | 25x | as long as short |
| Aevo XAU-PERP | −0.047% | +0.0120% | 1h | $161K | $43 | 10x | as long as short |
| MEXC XAU_USDT | −0.046% | +0.0146% | 4h | $369.2M | $361.7M | 1000x | as long as short |
| Variational Omni XAU | −0.040% | +0.0133% | 4h | $47.1M | $43.0M | — | as long as short |
| Pacifica XAUshort | −0.040% | +0.0100% | 1h | $1.4M | $1.3M | 10x | |
| BloFin XAU-USDT | −0.039% | +0.0390% | 4h | $15.0M | $4.1M | 100x | as long as short |
| Kalshi KXGOLDPERP | −0.033% | +0.0167% | 24h | $4.0M | $22.2M | 15x | as long as short |
| RISEx XAU/USDC | −0.033% | 0.0000% | 1h | $3.8M | $10.9M | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | −0.033% | L +0.0352% / S −0.0166% | 1h | $219K | — | 111x | as long as short |
| QFEX GOLD-USD | −0.021% | +0.0040% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Bullet GOLD-USD | −0.019% | +0.0226% | 1h | $58K | $78K | 10x | as long as short |
| Lighter RH XAU | −0.016% | +0.0088% | 1h | $19.6M | $38.8M | 25x | as long as short |
| Gate XAU_USDT | −0.016% | +0.0054% | 4h | $262.3M | $341.6M | 100x | as long as short |
| Paradex XAU-USD-PERPlong | 0.000% | +0.0063% | 8h | $19K | $6K | 5x | |
| Polymarket Perps GOLD-USD | +0.002% | +0.0294% | 1h | $4.1M | $1.8M | 20x | as long as short |
| Phemex XAUUSDT | +0.003% | +0.0194% | 4h | $2.2M | $961K | 100x | as long as short |
| StandX XAU-USD | +0.043% | +0.0040% | 1h | $3.7M | $1.4M | 40x | as long as short |
| SunX XAU-USDT | +0.062% | 0.0000% | 4h | $92K | $10.2M | 20x | as long as short |
| HTX XAU-USDT | +0.083% | +0.0400% | 4h | $2.4M | $1.9M | 75x | as long as short |
| Injective XAU/USDC PERP | +0.136% | +0.0033% | 1h | $619 | $146K | 52x | as long as short |
| Vest GC-PERP | +0.770% | +0.0046% | 1h | — | $631K | 25x | as long as short |