XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against ApeX Omni+0.002%7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$293as in the Price arb table

costs, in and out, $10k−$2982.982% of the position

Long on ApeX Omni Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.102%−$10 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.002%, 7d avg −0.052%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.054% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.052%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XAUUSDT	4,319.8	0.0100	pay 0.0013% / 1h	16m 50s	$272K	$208K	50x
Short	gTrade (Gains Network) XAU/USD	4,319.9	L +0.0002% / S −0.0003%	get 0.0000% / 1h	16m 50s	$270K	—	250x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.002%Rate

Funding earned: −$20.34
Price spread: +0.002% → −0.052%: $5.36
Slippage, 4 orders: −$281.17
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Net: −$313.15
Costs to cover: 2.982%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 25 min ago; gTrade (Gains Network): virtual book (oracle venue), 57 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, 25 min ago	4.45 bp	13.8 bp −$14	26.9 bp −$269	36.7 bp −$3,665	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 57 min ago	130.01 bp	133.5 bp −$134	243.0 bp −$2,430	1975.4 bp −$197.5K	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
Bluefin GOLD-PERP	−0.0066%	1h	4,317	−0.064%	$25K	$1K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,327.8	+0.185%	$92K	$7.6M	20x	as long as short
gTrade (Gains Network) XAU/USDshort	L +0.0002% / S −0.0003%	1h	4,319.9	+0.002%	$270K	—	250x
Hotstuff GOLD-PERP	+0.0016%	1h	4,320.1	+0.008%	$32K	—	25x	as long as short
Bybit XAUUSDT	+0.0022%	4h	4,324.6	+0.112%	$77.3M	$154.4M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.710%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.4	+0.084%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,323.3	+0.082%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,356	+0.839%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,319.5	−0.006%	$291.5M	$51.3M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,320	+0.004%	$15.0M	$55.5M	25x	as long as short
Aster XAUUSD1	+0.0065%	4h	4,325.6	+0.134%	$72.5M	$274.4M	20x	as long as short
Lighter XAU	+0.0072%	1h	4,322.4	+0.061%	$20.3M	$30.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.1	−0.016%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0077%	8h	4,324.1	+0.099%	$2K	$14K	5x	as long as short
Kalshi KXGOLDPERP	+0.0079%	24h	4,325.5	+0.133%	$3.8M	$43.9M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0090%	4h	4,323.2	+0.080%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0093%	4h	4,322.6	+0.065%	$47.3M	$28.8M	—	as long as short
Phoenix GOLD	+0.0100%	1h	4,321.6	+0.042%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,320.7	+0.022%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,323.9	+0.097%	$373.2M	$333.1M	1000x	as long as short
ApeX Omni XAUUSDTlong	+0.0100%	1h	4,319.8	long leg	$272K	$208K	50x
Binance XAUUSDT	+0.0100%	4h	4,323.8	+0.093%	$423.3M	$2.14B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,323.2	+0.080%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0111%	4h	4,317.6	−0.050%	$30.0M	$60.0M	50x	as long as short
Lighter RH XAU	+0.0112%	1h	4,325.4	+0.130%	$19.9M	$39.1M	25x	as long as short
Gate XAU_USDT	+0.0118%	4h	4,325.6	+0.136%	$281.8M	$421.9M	100x	as long as short
Extended XAU-USD	+0.0120%	1h	4,319.8	+0.001%	$12.9M	$37.0M	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,321.3	+0.035%	$578K	$146K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,326.7	+0.161%	$4.1M	$12.8M	25x	as long as short
Bullet GOLD-USD	+0.0185%	1h	4,324	+0.098%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0214%	1h	4,323.8	+0.093%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0222%	4h	4,323.3	+0.081%	$67.6M	$118.3M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0259%	1h	4,322.3	+0.059%	$191K	$838K	25x	as long as short
HTX XAU-USDT	+0.0269%	4h	4,327.7	+0.183%	$3.0M	$5.4M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0301%	8h	4,324.5	+0.109%	$172.6M	$299.5M	100x	as long as short
Phemex XAUUSDT	+0.0323%	4h	4,325.6	+0.134%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0340%	4h	4,323.9	+0.095%	$16.2M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0461% / S −0.0307%	1h	4,323.9	+0.095%	$253K	—	111x	as long as short