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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni0.000%7-day average −0.076% · 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 7 days−0.107%−$11 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now 0.000%, 7d avg −0.076%
Together, before fees−0.166%+ Points / potential airdropOndo Perps: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.076% dearer against ApeX Omni than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.076%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAUUSDT4,329.90.0100pay 0.0013% / 1h27m 35s$287K$227K50x
ShortOndo Perps XAU-USD.P4,329.90.0050get 0.0006% / 1h27m 35s$15.1M$59.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$10.42
Price spread: 0.000% → −0.076%
$7.6
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$17.82
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 18 min ago; Ondo Perps: 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, 18 min ago5.72 bp15.0 bp −$1526.0 bp −$26035.5 bp −$3,545doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOLD-PERP−3.2000%1h4,331.1+0.029%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,338.2+0.192%$92K$5.8M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,328.4−0.033%$2.1M$5.0M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.4+0.013%$304K250xas long as short
Bluefin GOLD-PERP+0.0024%1h4,327.8−0.046%$25K$1K20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0027%1h4,332.6+0.064%$135K$708K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.475%$619$5452xas long as short
Aster XAUUSD1+0.0038%4h4,335.4+0.128%$72.1M$276.1M20xas long as short
StandX XAU-USD+0.0040%1h4,334.9+0.117%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0041%1h4,332.9+0.070%$6.7M$3.2M20xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,366.8+0.853%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,331.4+0.036%$292.8M$51.7M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,329.90.000%$15.1M$59.7M25x
Paradex XAU-USD-PERP+0.0053%8h4,333.5+0.084%$2K$13K5xas long as short
Variational Omni XAU+0.0064%4h4,333.5+0.084%$47.3M$28.7Mas long as short
Lighter XAU+0.0072%1h4,333.8+0.091%$20.1M$30.4M25xas long as short
Gate XAU_USDT+0.0076%4h4,335.9+0.139%$298.6M$447.6M100xas long as short
MEXC XAU_USDT+0.0078%4h4,334.3+0.103%$368.4M$355.4M1000xas long as short
GRVT XAU_USDT_Perp+0.0078%4h4,334.1+0.099%$1.4M$3.1M25xas long as short
Binance XAUUSDT+0.0079%4h4,333.9+0.092%$441.4M$2.43B100xas long as short
edgeX XAUUSDC+0.0082%4h4,330.2+0.009%$30.3M$66.5M50xas long as short
Lighter RH XAU+0.0096%1h4,336.1+0.144%$19.7M$40.0M25xas long as short
Pacifica XAU+0.0100%1h4,330.8+0.022%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDTlong+0.0100%1h4,329.9long leg$287K$227K50x
Aevo XAU-PERP+0.0104%1h4,332.9+0.070%$160K$8710xas long as short
Polymarket Perps GOLD-USD+0.0116%1h4,334.2+0.100%$4.3M$1.7M20xas long as short
Phoenix GOLD+0.0127%1h4,332+0.050%$43K$71K25xas long as short
Bybit XAUUSDT+0.0127%4h4,334.9+0.117%$82.7M$169.2M150xas long as short
Kalshi KXGOLDPERP+0.0140%24h4,335.3+0.126%$3.5M$51.2M15xas long as short
Extended XAU-USD+0.0144%1h4,330.4+0.014%$12.5M$34.5M25xas long as short
Bullet GOLD-USD+0.0159%1h4,334.2+0.101%$59K$77K10xas long as short
Bitget XAUUSDT+0.0198%4h4,334.3+0.102%$72.7M$139.9M100xas long as short
RISEx XAU/USDC+0.0205%1h4,334.1+0.098%$4.7M$13.2M25xas long as short
Phemex XAUUSDT+0.0208%4h4,336.7+0.158%$2.3M$777K100xas long as short
OKX XAU-USDT-SWAP+0.0232%8h4,334.6+0.110%$170.8M$361.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,331.2+0.031%$583K$167K25xas long as short
BloFin XAU-USDT+0.0321%4h4,334.6+0.109%$16.4M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0461% / S −0.0308%1h4,335.2+0.123%$254K111xas long as short
HTX XAU-USDT+0.1046%4h4,340.1+0.236%$3.2M$7.1M75xas long as short