XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%

Price spread now: QFEX against ApeX Omni+0.072%7-day average +0.028% · 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−$47as in the Price arb table

costs, in and out, $10k−$510.510% of the position

Long on ApeX Omni Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.084%−$8 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.072%, 7d avg +0.028%

Together, before fees−0.102%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.043% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.028%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XAUUSDT	4,348.5	0.0100	pay 0.0013% / 1h	30m 48s	$275K	$203K	50x
Short	QFEX GOLD-USD	4,351.6	0.0046	get 0.0006% / 1h	30m 48s	$5.6M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$11.34
Price spread: +0.072% → +0.028%: $4.34
Slippage, 4 orders: −$30.96
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$57.96
Costs to cover: 0.510%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 31 min ago; QFEX: live order book, 8 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, 31 min ago	4.79 bp	16.0 bp −$16	24.9 bp −$249	34.3 bp −$3,426	doesn't fit
Sell QFEX live order book, 8 min ago	2.53 bp	7.5 bp −$8	7.5 bp −$75	9.2 bp −$915	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
SunX XAU-USDT	0.0000%	4h	4,358.3	+0.226%	$93K	$9.3M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,349.7	+0.028%	$267K	—	250x	as long as short
Gate XAU_USDT	+0.0006%	4h	4,356.4	+0.183%	$265.8M	$411.1M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,353.9	+0.123%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,350.9	+0.055%	$13.6M	$39.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.045%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0038%	24h	4,351.6	+0.072%	$4.1M	$36.9M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,353.5	+0.115%	$3.8M	$4.6M	40x	as long as short
Aster XAUUSD1	+0.0041%	4h	4,355.3	+0.157%	$70.4M	$333.6M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,386.9	+0.884%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USDshort	+0.0046%	1h	4,351.6	+0.072%	$5.6M	$1.9M	20x
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,350.6	+0.049%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,350.9	+0.056%	$293.9M	$48.7M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0050%	4h	4,352.3	+0.087%	$1.4M	$3.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,350.2	+0.040%	$15.1M	$57.5M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,353.1	+0.107%	$20.6M	$42.2M	25x	as long as short
Variational Omni XAU	+0.0057%	4h	4,353	+0.103%	$48.3M	$27.8M	—	as long as short
Lighter RH XAU	+0.0072%	1h	4,355.1	+0.153%	$20.1M	$39.7M	25x	as long as short
MEXC XAU_USDT	+0.0072%	4h	4,354.8	+0.146%	$372.8M	$318.1M	1000x	as long as short
Binance XAUUSDT	+0.0074%	4h	4,355.2	+0.154%	$412.9M	$2.10B	100x	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,353.8	+0.122%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0092%	4h	4,347.3	−0.027%	$30.3M	$58.9M	50x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,353	+0.103%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,350.3	+0.042%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDTlong	+0.0100%	1h	4,348.5	long leg	$275K	$203K	50x
Bluefin GOLD-PERP	+0.0100%	1h	4,346.2	−0.052%	$25K	$14K	20x	as long as short
Polymarket Perps GOLD-USD	+0.0131%	1h	4,353.1	+0.106%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,350.1	+0.037%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0144%	1h	4,350.2	+0.040%	$33K	—	25x	as long as short
Phemex XAUUSDT	+0.0147%	4h	4,354.3	+0.134%	$2.2M	$1.1M	100x	as long as short
Bybit XAUUSDT	+0.0196%	4h	4,356.8	+0.190%	$84.5M	$145.1M	150x	as long as short
Bitget XAUUSDT	+0.0212%	4h	4,355.8	+0.167%	$70.2M	$109.5M	100x	as long as short
Bullet GOLD-USD	+0.0217%	1h	4,353.9	+0.125%	$59K	$83K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,352.9	+0.102%	$258K	$706K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0253%	8h	4,356.3	+0.180%	$165.0M	$281.9M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,351.3	+0.064%	$594K	$133K	25x	as long as short
BloFin XAU-USDT	+0.0295%	4h	4,354.1	+0.128%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0403% / S −0.0214%	1h	4,353.8	+0.123%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0562%	4h	4,359.2	+0.247%	$2.9M	$4.2M	75x	as long as short