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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%
Price spread now: Pacifica against QFEX−0.056%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.021%+$2 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.056%, 7d avg −0.053%
Together, before fees+0.029%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GOLD-USD4,315.80.0045pay 0.0006% / 1h10m 33s$5.4M$2.7M20x
ShortPacifica XAU4,313.40.0100get 0.0013% / 1h10m 33s$1.4M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against QFEX. 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
$11.64
Price spread: −0.056% → −0.053%
−$0.27
Slippage, 4 orders
−$6.61
Fee QFEX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$13.25
Costs to cover
0.246%
Break-even
15.0 days
Slippage from QFEX: live order book, 3 min ago; Pacifica: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 3 min ago2.66 bp7.7 bp −$87.7 bp −$7710.1 bp −$1,011doesn't fit
Sell Pacifica live order book, 3 min ago0.12 bp4.8 bp −$5doesn't fitdoesn't fitdoesn't fit

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%4h4,321.1+0.122%$92K$7.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,313.2−0.061%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.802%$619$5452xas long as short
QFEX GOLD-USDlong+0.0045%1h4,315.8long leg$5.4M$2.7M20x
Vest GC-PERP+0.0046%1h4,349.5+0.781%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,312.6−0.074%$290.7M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,313.8−0.046%$15.0M$55.4M25xas long as short
Bluefin GOLD-PERP+0.0054%1h4,311.4−0.101%$25K$1K20xas long as short
Aster XAUUSD1+0.0058%4h4,318.6+0.065%$73.0M$271.7M20xas long as short
Paradex XAU-USD-PERP+0.0063%8h4,315.9+0.003%$2K$14K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0069%4h4,318+0.051%$77.9M$153.6M150xas long as short
Lighter XAU+0.0072%1h4,316+0.005%$20.3M$30.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,315.3−0.012%$2.0M$5.1M25xas long as short
StandX XAU-USD+0.0096%1h4,319.8+0.093%$3.8M$4.5M40xas long as short
Hotstuff GOLD-PERP+0.0096%1h4,313−0.065%$32K25xas long as short
Phoenix GOLD+0.0096%1h4,315.7−0.002%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0098%24h4,319.1+0.076%$3.7M$44.9M15xas long as short
Variational Omni XAU+0.0100%4h4,316.5+0.015%$47.1M$29.0Mas long as short
Pacifica XAUshort+0.0100%1h4,313.4−0.056%$1.4M$1.2M10x
ApeX Omni XAUUSDT+0.0100%1h4,315.6−0.006%$272K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,318.1+0.054%$19.9M$40.1M25xas long as short
MEXC XAU_USDT+0.0110%4h4,316.8+0.022%$363.4M$336.0M1000xas long as short
Binance XAUUSDT+0.0110%4h4,317.2+0.032%$429.6M$2.14B100xas long as short
Extended XAU-USD+0.0112%1h4,313−0.065%$13.2M$36.6M25xas long as short
Aevo XAU-PERP+0.0112%1h4,316.7+0.020%$160K$8710xas long as short
edgeX XAUUSDC+0.0112%4h4,309.9−0.136%$30.0M$60.5M50xas long as short
GRVT XAU_USDT_Perp+0.0114%4h4,319.3+0.082%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0116%4h4,319+0.074%$287.0M$427.7M100xas long as short
Bitget XAUUSDT+0.0192%4h4,317.4+0.037%$70.5M$120.1M100xas long as short
Bullet GOLD-USD+0.0202%1h4,317.2+0.032%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0222%1h4,317.7+0.044%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,314.8−0.024%$574K$138K25xas long as short
OKX XAU-USDT-SWAP+0.0266%8h4,317.2+0.032%$175.3M$303.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0330%1h4,316+0.005%$161K$876K25xas long as short
BloFin XAU-USDT+0.0351%4h4,317.1+0.030%$16.6M$4.9M100xas long as short
Phemex XAUUSDT+0.0408%4h4,319.5+0.085%$2.2M$949K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0312%1h4,316.9+0.025%$254K111xas long as short
HTX XAU-USDT+0.0525%4h4,324.6+0.204%$3.2M$6.0M75xas long as short
RISEx XAU/USDC+0.0643%1h4,316.9+0.026%$4.5M$13.2M25xas long as short