Funding you earn now, next payment 01:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h +0.007%
Price spread now: Aevo against ApeX Omni+0.003%70s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$660.662% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 3 days (all we have)+0.076%+$8 · spread now +0.003%, 7d avg +0.028%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aevo is 0.025% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.028%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XAUUSDT | 4,360.8 | 0.0100 | pay 0.0013% / 1h | 28m 24s | $275K | $204K | 50x |
| Short | Aevo XAU-PERP | 4,360.9 | 0.0088 | get 0.0011% / 1h | 28m 24s | $161K | $87 | 10x |
ApeX Omni XAUUSDT
Aevo XAU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.52
- Price spread: +0.003% → +0.028%
- −$2.5
- Slippage, 4 orders
- −$40.16
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$71.18
- Costs to cover
- 0.662%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 44 min ago; Aevo: live order book, 45 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 ApeX Omni live order book, 44 min ago | 4.79 bp | 15.6 bp −$16 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 45 min ago | 5.30 bp | 14.9 bp −$15 | 27.8 bp −$278 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,360.9 | +0.003% | $71.1M | $200.3M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,362.9 | +0.049% | $265.5M | $415.2M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,362.5 | +0.040% | $48.0M | $28.0M | — | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,360 | −0.018% | $4.0M | $36.4M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,366.5 | +0.131% | $93K | $10.2M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,357.9 | −0.066% | $267K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,358.7 | −0.047% | $33K | — | 25x | as long as short |
| MEXC XAU_USDT | +0.0014% | 4h | 4,361.8 | +0.023% | $373.5M | $326.9M | 1000x | as long as short |
| Binance XAUUSDT | +0.0016% | 4h | 4,362 | +0.027% | $411.9M | $2.15B | 100x | as long as short |
| edgeX XAUUSDC | +0.0017% | 4h | 4,356.7 | −0.094% | $30.3M | $60.6M | 50x | as long as short |
Aster XAUUSD1
Gate XAU_USDT
Variational Omni XAU
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDCShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.237% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,363 | +0.051% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,361.7 | +0.021% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,395.9 | +0.806% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,361.9 | +0.026% | $3.4M | $12.3M | 25x | as long as short |
| Bitget XAUUSDT | +0.0048% | 4h | 4,362.6 | +0.042% | $69.6M | $113.3M | 100x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,358.8 | −0.045% | $293.9M | $52.6M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,357.4 | −0.078% | $14.7M | $57.3M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,360.2 | −0.013% | $48K | $64K | 25x | as long as short |
| BloFin XAU-USDT | +0.0057% | 4h | 4,363.5 | +0.062% | $15.5M | $4.5M | 100x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,360.9 | +0.003% | $20.6M | $43.9M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,361.8 | +0.023% | $19K | $5K | 5x | as long as short |
| Aevo XAU-PERPshort | +0.0088% | 1h | 4,360.9 | +0.003% | $161K | $87 | 10x | |
| Lighter RH XAU | +0.0096% | 1h | 4,363.2 | +0.056% | $20.2M | $41.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,360.1 | −0.015% | $2.0M | $5.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,358.4 | −0.054% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDTlong | +0.0100% | 1h | 4,360.8 | long leg | $275K | $204K | 50x | |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,354.6 | −0.141% | $26K | $22K | 20x | as long as short |
| Bybit XAUUSDT | +0.0111% | 4h | 4,363 | +0.051% | $83.1M | $143.8M | 150x | as long as short |
| Extended XAU-USD | +0.0112% | 1h | 4,358 | −0.064% | $13.5M | $43.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0128% | 1h | 4,361.2 | +0.010% | $4.3M | $1.8M | 20x | as long as short |
| GRVT XAU_USDT_Perp | +0.0152% | 4h | 4,362.7 | +0.045% | $1.4M | $3.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0196% | 8h | 4,363.4 | +0.060% | $165.6M | $286.3M | 100x | as long as short |
| Bullet GOLD-USD | +0.0214% | 1h | 4,362.1 | +0.030% | $59K | $81K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,358.9 | −0.043% | $594K | $151K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0232% | 1h | 4,360.8 | +0.001% | $235K | $656K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0389% / S −0.0197% | 1h | 4,361.9 | +0.026% | $252K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0511% | 4h | 4,365.2 | +0.101% | $2.2M | $1.1M | 100x | as long as short |
| HTX XAU-USDT | +0.0611% | 4h | 4,367 | +0.142% | $2.9M | $3.9M | 75x | as long as short |
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
RISEx XAU/USDC
Bitget XAUUSDT
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Phoenix GOLD
BloFin XAU-USDT
Lighter XAU
Paradex XAU-USD-PERP
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Pacifica XAU
Bluefin GOLD-PERP
Bybit XAUUSDT
Extended XAU-USD
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
OKX XAU-USDT-SWAP
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT