XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.011%

Price spread now: Polymarket Perps against ApeX Omni−0.062%63s7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as 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−$460.457% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.062%, 7d avg −0.026%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.036% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.026%). If the spread goes back, that is −$4 on $10k: about 7.4 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour. The two prices were read 63 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	4,347	0.0100	pay 0.0013% / 1h	4m 32s	$275K	$203K	50x
Short	Polymarket Perps GOLD-USD	4,344.3	0.0116	get 0.0015% / 1h	4m 32s	$4.3M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now −0.062%Rate

Funding earned: $3.44
Price spread: −0.062% → −0.026%: −$3.64
Slippage, 4 orders: −$27.67
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$45.87
Costs to cover: 0.457%
Break-even: 100.2 days

Slippage from ApeX Omni: live order book, 58 min ago; Polymarket Perps: live order book, 5 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, 58 min ago	4.79 bp	16.0 bp −$16	24.9 bp −$249	34.3 bp −$3,426	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	0.12 bp	4.6 bp −$5	4.9 bp −$49	5.7 bp −$573	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
Hotstuff GOLD-PERP	−0.0064%	1h	4,343.5	−0.081%	$33K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,352	+0.114%	$92K	$9.1M	20x	as long as short
Gate XAU_USDT	+0.0002%	4h	4,348.1	+0.025%	$265.4M	$417.6M	100x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,343.5	−0.081%	$266K	—	250x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,345.8	−0.028%	$3.4M	$12.3M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,341.9	−0.117%	$13.4M	$38.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.079%	$619	$54	52x	as long as short
Aster XAUUSD1	+0.0040%	4h	4,345.9	−0.026%	$70.8M	$334.0M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,348	+0.023%	$3.8M	$4.6M	40x	as long as short
Kalshi KXGOLDPERP	+0.0041%	24h	4,344.4	−0.060%	$4.1M	$37.1M	15x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,378.5	+0.725%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,345.5	−0.035%	$5.7M	$2.0M	20x	as long as short
Lighter XAU	+0.0048%	1h	4,344.9	−0.049%	$20.6M	$42.6M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,343	−0.092%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,342.7	−0.099%	$293.7M	$48.9M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,342.4	−0.106%	$15.1M	$56.7M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0054%	4h	4,350.1	+0.071%	$1.4M	$2.9M	25x	as long as short
Lighter RH XAU	+0.0056%	1h	4,347.2	+0.004%	$20.1M	$39.9M	25x	as long as short
Variational Omni XAU	+0.0057%	4h	4,346	−0.022%	$48.5M	$27.7M	—	as long as short
MEXC XAU_USDT	+0.0074%	4h	4,345.3	−0.039%	$370.7M	$320.6M	1000x	as long as short
Binance XAUUSDT	+0.0075%	4h	4,345.2	−0.042%	$410.2M	$2.10B	100x	as long as short
Paradex XAU-USD-PERP	+0.0078%	8h	4,345.9	−0.025%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0085%	4h	4,343.7	−0.076%	$30.2M	$58.5M	50x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,346.8	−0.005%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,342.5	−0.104%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDTlong	+0.0100%	1h	4,347	long leg	$275K	$203K	50x
Polymarket Perps GOLD-USDshort	+0.0116%	1h	4,344.3	−0.062%	$4.3M	$1.9M	20x
Phoenix GOLD	+0.0136%	1h	4,346	−0.023%	$47K	$77K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0187%	1h	4,345.3	−0.039%	$254K	$752K	25x	as long as short
Bullet GOLD-USD	+0.0192%	1h	4,345.9	−0.025%	$60K	$83K	10x	as long as short
Phemex XAUUSDT	+0.0201%	4h	4,349.9	+0.067%	$2.2M	$1.1M	100x	as long as short
Bybit XAUUSDT	+0.0208%	4h	4,346.5	−0.012%	$84.3M	$145.4M	150x	as long as short
Bitget XAUUSDT	+0.0216%	4h	4,345.4	−0.037%	$70.2M	$109.4M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0261%	8h	4,346.8	−0.005%	$165.3M	$283.1M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0270%	1h	4,344.7	−0.052%	$593K	$133K	25x	as long as short
BloFin XAU-USDT	+0.0297%	4h	4,347.2	+0.004%	$15.7M	$4.6M	100x	as long as short
Bluefin GOLD-PERP	+0.0403%	1h	4,342.3	−0.108%	$25K	$14K	20x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0405% / S −0.0220%	1h	4,347.4	+0.010%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0590%	4h	4,352.4	+0.125%	$2.9M	$4.2M	75x	as long as short