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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.005%
Price spread now: ApeX Omni against Aevo+0.068%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$620.623% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.068%, 7d avg −0.028%
Together, before fees−0.224%−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.096% dearer against Aevo than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,345.70.0104pay 0.0013% / 1h14m 47s$161K$8710x
ShortApeX Omni XAUUSDT4,348.60.0100get 0.0013% / 1h14m 47s$275K$203K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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
−$0.84
Price spread: +0.068% → −0.028%
$9.61
Slippage, 4 orders
−$36.35
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$53.58
Costs to cover
0.623%
Break-even
never at this rate
Slippage from Aevo: live order book, 44 min ago; ApeX Omni: live order book, 42 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 Aevo live order book, 44 min ago6.28 bp16.1 bp −$1627.9 bp −$279doesn't fitdoesn't fit
Sell ApeX Omni live order book, 42 min ago4.01 bp13.7 bp −$1428.3 bp −$28337.6 bp −$3,757doesn'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
RISEx XAU/USDC0.0000%1h4,346+0.007%$3.4M$12.2M25xas long as short
Gate XAU_USDT0.0000%4h4,347.8+0.049%$265.3M$416.5M100xas long as short
SunX XAU-USDT0.0000%4h4,350.8+0.119%$92K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,342.8−0.066%$272K250xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,343.8−0.043%$33K25xas long as short
Lighter XAU+0.0032%1h4,345−0.015%$20.8M$38.2M25xas long as short
Extended XAU-USD+0.0032%1h4,342.5−0.073%$13.2M$38.3M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.110%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,347.1+0.034%$20.1M$39.3M25xas long as short
StandX XAU-USD+0.0040%1h4,350.7+0.116%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0041%1h4,345.7+0.001%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,380.1+0.793%$1.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,346+0.008%$2.0M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0048%24h4,343.9−0.040%$4.2M$37.4M15xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,344−0.038%$293.8M$49.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,342.6−0.070%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0060%4h4,347.4+0.040%$71.2M$333.2M20xas long as short
Variational Omni XAU+0.0075%4h4,349.4+0.087%$48.4M$28.0Mas long as short
Paradex XAU-USD-PERP+0.0080%8h4,346.3+0.014%$19K$5K5xas long as short
MEXC XAU_USDT+0.0088%4h4,346.4+0.017%$371.5M$319.1M1000xas long as short
GRVT XAU_USDT_Perp+0.0088%4h4,350.2+0.104%$1.4M$2.9M25xas long as short
Binance XAUUSDT+0.0089%4h4,346.7+0.023%$413.4M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,342.5−0.073%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDTshort+0.0100%1h4,348.6+0.068%$275K$203K50x
Bluefin GOLD-PERP+0.0100%1h4,340.3−0.124%$25K$14K20xas long as short
edgeX XAUUSDC+0.0103%4h4,345.6−0.001%$30.2M$58.2M50xas long as short
Aevo XAU-PERPlong+0.0104%1h4,345.7long leg$161K$8710x
Phoenix GOLD+0.0142%1h4,349+0.077%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0158%1h4,346.5+0.019%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0185%1h4,346.5+0.019%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,343.2−0.057%$592K$132K25xas long as short
Bitget XAUUSDT+0.0230%4h4,347.2+0.035%$70.0M$109.4M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,344.9−0.017%$206K$824K25xas long as short
Phemex XAUUSDT+0.0234%4h4,349.5+0.087%$2.2M$967K100xas long as short
Bybit XAUUSDT+0.0240%4h4,348.2+0.059%$85.1M$145.5M150xas long as short
OKX XAU-USDT-SWAP+0.0295%8h4,347.9+0.052%$165.3M$282.4M100xas long as short
BloFin XAU-USDT+0.0329%4h4,345.8+0.004%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0417% / S −0.0237%1h4,346.5+0.019%$248K111xas long as short
HTX XAU-USDT+0.0621%4h4,350.6+0.114%$2.8M$4.5M75xas long as short