XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0275%/8h= −30.1% APRnext payment −$0.34 per $10,000 · paid last 24h −0.046%

Price spread now: ApeX Omni against Deribit−0.016%74s7-day average +0.068% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.451% of the position

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.673%−$67 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.016%, 7d avg +0.068%

Together, before fees−0.609%−$61 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.084% cheaper against Deribit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.068%). Swap the legs. The two prices were read 74 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	Deribit GOLD_USDC-PERPETUAL	4,320.8	0.0375	pay 0.0047% / 1h	45m 59s	$192K	$831K	25x
Short	ApeX Omni XAUUSDT	4,320.1	0.0100	get 0.0013% / 1h	45m 59s	$272K	$208K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now −0.016%Rate

Funding earned: −$57.81
Price spread: −0.016% → +0.068%: −$8.36
Slippage, 4 orders: −$28.06
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$111.22
Costs to cover: 0.451%
Break-even: never at this rate

Slippage from Deribit: live order book, 63 min ago; ApeX Omni: live order book, 61 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 Deribit live order book, 63 min ago	0.12 bp	8.2 bp −$8	9.4 bp −$94	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 61 min ago	4.63 bp	13.4 bp −$13	26.0 bp −$260	42.6 bp −$4,264	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	−0.0099%	1h	4,314.1	−0.155%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,325.3	+0.104%	$92K	$7.9M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,317.8	−0.070%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0010%	4h	4,323.7	+0.068%	$77.4M	$156.7M	150x	as long as short
Extended XAU-USD	+0.0032%	1h	4,319	−0.042%	$13.2M	$36.6M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.686%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,321.7	+0.021%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,319.6	−0.028%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,353.5	+0.757%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,318	−0.065%	$291.4M	$51.7M	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	4,317.5	−0.077%	$15.0M	$55.7M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,320.6	−0.004%	$20.3M	$30.3M	25x	as long as short
Kalshi KXGOLDPERP	+0.0071%	24h	4,323.3	+0.058%	$3.9M	$43.3M	15x	as long as short
Hotstuff GOLD-PERP	+0.0072%	1h	4,317.5	−0.076%	$32K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,317.9	−0.067%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0074%	8h	4,321.1	+0.007%	$19K	$5K	5x	as long as short
Aster XAUUSD1	+0.0079%	4h	4,323.8	+0.070%	$72.4M	$307.7M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0082%	4h	4,321.1	+0.007%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0086%	4h	4,323.9	+0.072%	$282.1M	$411.6M	100x	as long as short
Variational Omni XAU	+0.0093%	4h	4,320.2	−0.013%	$47.3M	$29.3M	—	as long as short
Lighter RH XAU	+0.0096%	1h	4,323.3	+0.057%	$19.8M	$38.5M	25x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.8	−0.023%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,317.4	−0.079%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,322.9	+0.049%	$361.9M	$327.3M	1000x	as long as short
ApeX Omni XAUUSDTshort	+0.0100%	1h	4,320.1	−0.016%	$272K	$208K	50x
Binance XAUUSDT	+0.0101%	4h	4,323	+0.050%	$415.2M	$2.14B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,320.6	−0.004%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0113%	4h	4,318.4	−0.055%	$30.1M	$61.2M	50x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,318.6	−0.051%	$587K	$131K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,323.4	+0.060%	$4.2M	$12.8M	25x	as long as short
Bullet GOLD-USD	+0.0194%	1h	4,321.6	+0.019%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,321.6	+0.019%	$4.2M	$1.9M	20x	as long as short
HTX XAU-USDT	+0.0219%	4h	4,324	+0.074%	$2.8M	$4.9M	75x	as long as short
Bitget XAUUSDT	+0.0236%	4h	4,323.2	+0.056%	$68.0M	$119.3M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0315%	8h	4,323.6	+0.065%	$170.3M	$297.5M	100x	as long as short
BloFin XAU-USDT	+0.0341%	4h	4,322.3	+0.034%	$16.2M	$4.4M	100x	as long as short
Deribit GOLD_USDC-PERPETUALlong	+0.0375%	1h	4,320.8	long leg	$192K	$831K	25x
Phemex XAUUSDT	+0.0403%	4h	4,324.3	+0.082%	$2.2M	$962K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0464% / S −0.0307%	1h	4,321.6	+0.019%	$252K	—	111x	as long as short