Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.3% APRnext payment −$0.13 per $10,000 · paid last 24h −0.016%
Price spread now: ApeX Omni against Bullet−0.058%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.058% cheaper against Bullet than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | Bullet GOLD-USD | 4,326.8 | 0.0204 | pay 0.0025% / 1h | 35m 36s | $58K | $81K | 10x |
| Short | ApeX Omni XAUUSDT | 4,324.3 | 0.0100 | get 0.0013% / 1h | 35m 36s | $272K | $208K | 50x |
Bullet GOLD-USD
ApeX Omni XAUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bullet. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.76
- Price spread: −0.058% → 0.000%
- −$5.85
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$45.61
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; ApeX Omni: live order book, 2 min ago. Net counts fees only.
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 Bullet no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 2 min ago | 5.20 bp | 16.4 bp −$16 | 29.3 bp −$293 | 40.5 bp −$4,051 | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0150% | 1h | 4,320.5 | −0.145% | $25K | $1K | 20x | as long as short |
| Hotstuff GOLD-PERP | 0.0000% | 1h | 4,322.7 | −0.095% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,331.2 | +0.101% | $92K | $7.3M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,322.7 | −0.095% | $270K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.546% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,327.8 | +0.023% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,324.6 | −0.051% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,359.5 | +0.756% | — | $1.0M | 25x | as long as short |
| Bybit XAUUSDT | +0.0047% | 4h | 4,326.9 | +0.001% | $77.6M | $153.2M | 150x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,322 | −0.111% | $291.7M | $51.5M | 25x | as long as short |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
Bybit XAUUSDT
tradeXYZ xyz:GOLDShow 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 | 4,321.4 | −0.125% | $15.0M | $55.6M | 25x | as long as short |
| Aster XAUUSD1 | +0.0056% | 4h | 4,326.7 | −0.001% | $72.9M | $272.1M | 20x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,324.7 | −0.049% | $20.4M | $29.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0066% | 8h | 4,324.9 | −0.043% | $2K | $14K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,322.9 | −0.090% | $2.1M | $4.8M | 25x | as long as short |
| Variational Omni XAU | +0.0089% | 4h | 4,324.9 | −0.044% | $47.2M | $29.3M | — | as long as short |
| Kalshi KXGOLDPERP | +0.0091% | 24h | 4,327.9 | +0.025% | $3.8M | $44.5M | 15x | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,323.8 | −0.069% | $47K | $79K | 25x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,325.9 | −0.021% | $363.6M | $327.1M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0098% | 4h | 4,326.6 | −0.005% | $1.4M | $3.1M | 25x | as long as short |
| Binance XAUUSDT | +0.0099% | 4h | 4,325.8 | −0.024% | $425.2M | $2.13B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,322 | −0.111% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDTshort | +0.0100% | 1h | 4,324.3 | −0.058% | $272K | $208K | 50x | |
| Gate XAU_USDT | +0.0104% | 4h | 4,328 | +0.027% | $284.8M | $415.0M | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,325.9 | −0.021% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0113% | 4h | 4,323.5 | −0.077% | $30.1M | $59.5M | 50x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,327.3 | +0.010% | $20.0M | $39.1M | 25x | as long as short |
| Extended XAU-USD | +0.0136% | 1h | 4,321.6 | −0.120% | $13.2M | $36.8M | 25x | as long as short |
| Bitget XAUUSDT | +0.0194% | 4h | 4,325.6 | −0.027% | $70.2M | $118.6M | 100x | as long as short |
| Bullet GOLD-USDlong | +0.0204% | 1h | 4,326.8 | long leg | $58K | $81K | 10x | |
| Polymarket Perps GOLD-USD | +0.0218% | 1h | 4,327 | +0.005% | $4.3M | $2.0M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,323.5 | −0.076% | $578K | $135K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0236% | 1h | 4,324.9 | −0.044% | $163K | $870K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0277% | 8h | 4,326.3 | −0.012% | $173.8M | $299.3M | 100x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,326.7 | −0.003% | $16.4M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0359% | 4h | 4,328.5 | +0.039% | $2.2M | $974K | 100x | as long as short |
| HTX XAU-USDT | +0.0405% | 4h | 4,331.9 | +0.117% | $3.2M | $5.9M | 75x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,326.7 | −0.003% | $253K | — | 111x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,325.7 | −0.026% | $4.6M | $13.3M | 25x | as long as short |
Ondo Perps XAU-USD.P
Aster XAUUSD1
Lighter XAU
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Variational Omni XAU
Kalshi KXGOLDPERP
Phoenix GOLD
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
Gate XAU_USDT
Aevo XAU-PERP
edgeX XAUUSDC
Lighter RH XAU
Extended XAU-USD
Bitget XAUUSDT
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
HTX XAU-USDT
GMX GOLD/USD [ETH-USDC]
RISEx XAU/USDC