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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.016%
Price spread now: Bullet against ApeX Omni+0.259%66s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.259% dearer against ApeX Omni than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAUUSDT4,362.30.0100pay 0.0013% / 1h17m 56s$277K$204K50x
ShortBullet GOLD-USD4,373.60.0106get 0.0013% / 1h17m 56s$59K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.32
Price spread: +0.259% → 0.000%
$25.9
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
$9.22
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 59 min ago; Bullet: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 59 min ago7.49 bp16.6 bp −$1728.1 bp −$28143.4 bp −$4,342doesn't fit
Sell Bullet no order-book sample
Bullet: 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 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
Bluefin GOLD-PERP−0.0223%1h4,366+0.086%$26K$22K20xas long as short
Phoenix GOLD−0.0004%1h4,363.7+0.033%$48K$65K25xas long as short
Aster XAUUSD10.0000%4h4,372.9+0.243%$71.7M$225.1M20xas long as short
Binance XAUUSDT0.0000%4h4,371.8+0.218%$410.6M$2.14B100xas long as short
Bybit XAUUSDT0.0000%4h4,372.1+0.226%$82.6M$142.5M150xas long as short
RISEx XAU/USDC0.0000%1h4,373.8+0.265%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,372.3+0.229%$267.5M$416.9M100xas long as short
MEXC XAU_USDT0.0000%4h4,371.8+0.218%$375.5M$324.0M1000xas long as short
Bitget XAUUSDT0.0000%4h4,371.5+0.210%$69.6M$113.4M100xas long as short
Variational Omni XAU0.0000%4h4,366.6+0.098%$48.5M$30.2Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XAU_USDT_Perp0.0000%4h4,364.9+0.060%$1.4M$3.1M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,370.5+0.188%$4.0M$36.2M15xas long as short
SunX XAU-USDT0.0000%4h4,378+0.361%$93K$10.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,370.1+0.180%$268K250xas long as short
edgeX XAUUSDC+0.0008%4h4,359.1−0.074%$30.3M$58.8M50xas long as short
QFEX GOLD-USD+0.0032%1h4,372+0.223%$5.5M$1.9M20xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.272%$619$5452xas long as short
Lighter XAU+0.0040%1h4,372.5+0.233%$20.8M$44.9M25xas long as short
StandX XAU-USD+0.0040%1h4,369.2+0.159%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,407.3+1.032%$1.0M25xas long as short
Lighter RH XAU+0.0048%1h4,373.9+0.266%$20.2M$42.2M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,367.9+0.129%$294.1M$52.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,370.3+0.183%$14.6M$57.0M25xas long as short
Paradex XAU-USD-PERP+0.0054%8h4,373.1+0.249%$19K$5K5xas long as short
Extended XAU-USD+0.0056%1h4,368.2+0.135%$13.1M$45.5M25xas long as short
Hotstuff GOLD-PERP+0.0056%1h4,369.6+0.168%$33K25xas long as short
Aevo XAU-PERP+0.0080%1h4,373.1+0.247%$162K$8710xas long as short
Pacifica XAU+0.0100%1h4,369.9+0.175%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDTlong+0.0100%1h4,362.3long leg$277K$204K50x
Polymarket Perps GOLD-USD+0.0102%1h4,373.2+0.250%$4.3M$1.8M20xas long as short
Bullet GOLD-USDshort+0.0106%1h4,373.6+0.259%$59K$81K10x
Coinbase International GOLD-PERP-INTX+0.0152%1h4,370.1+0.179%$2.0M$5.1M25xas long as short
OKX XAU-USDT-SWAP+0.0162%8h4,372.7+0.239%$158.6M$275.4M100xas long as short
HTX XAU-USDT+0.0174%4h4,378.5+0.371%$2.8M$3.7M75xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0208%1h4,372.1+0.225%$236K$736K25xas long as short
Kraken Futures PF_XAUUSD+0.0219%1h4,371.2+0.203%$603K$136K25xas long as short
BloFin XAU-USDT+0.0240%4h4,369.5+0.165%$14.8M$4.5M100xas long as short
Phemex XAUUSDT+0.0308%4h4,372.3+0.230%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,373.6+0.260%$252K111xas long as short