XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.019%

Price spread now: ApeX Omni against Polymarket Perps+0.069%63s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,092as 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−$1,09810.981% of the position

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.069%, 7d avg +0.021%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.049% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.021%. 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	Polymarket Perps GOLD-USD	4,302.9	0.0050	pay 0.0006% / 1h	42m 25s	$4.3M	$1.8M	20x
Short	ApeX Omni XAUUSDT	4,305.9	0.0100	get 0.0013% / 1h	42m 25s	$276K	$218K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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 Polymarket PerpsbpFee ApeX OmnibpOrdersPrice spread, now +0.069%Rate

Funding earned: $10.5
Price spread: +0.069% → +0.021%: $4.88
Slippage, 4 orders: −$1,080.11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$1,082.73
Costs to cover: 10.981%
Break-even: 728.8 days

Slippage from Polymarket Perps: live order book, 2 min ago; ApeX Omni: live order book, 55 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 Polymarket Perps live order book, 2 min ago	166.20 bp	230.6 bp −$231	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 55 min ago	5.20 bp	16.4 bp −$16	29.3 bp −$293	40.5 bp −$4,051	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	4,309.8	+0.161%	$92K	$6.8M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,302	−0.021%	$268K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,308.7	+0.135%	$32K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,302	−0.022%	$13.0M	$36.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+1.104%	$619	$54	52x	as long as short
Bybit XAUUSDT	+0.0037%	4h	4,306.9	+0.094%	$77.0M	$157.2M	150x	as long as short
Vest GC-PERP	+0.0046%	1h	4,338.2	+0.820%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,305.2	+0.053%	$6.6M	$3.2M	20x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,302.9	0.000%	$290.8M	$54.5M	25x	as long as short
Polymarket Perps GOLD-USDlong	+0.0050%	1h	4,302.9	long leg	$4.3M	$1.8M	20x

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	4,302.3	−0.014%	$15.0M	$55.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,302	−0.021%	$2.0M	$5.1M	25x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,307.9	+0.116%	$73.3M	$271.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0060%	8h	4,305.6	+0.064%	$2K	$13K	5x	as long as short
Lighter XAU	+0.0080%	1h	4,305.2	+0.053%	$20.3M	$28.7M	25x	as long as short
Lighter RH XAU	+0.0088%	1h	4,307.6	+0.110%	$19.8M	$39.7M	25x	as long as short
StandX XAU-USD	+0.0090%	1h	4,308.3	+0.125%	$3.8M	$4.5M	40x	as long as short
Phoenix GOLD	+0.0095%	1h	4,305.5	+0.060%	$42K	$86K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,302.2	−0.015%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDTshort	+0.0100%	1h	4,305.9	+0.069%	$276K	$218K	50x
Variational Omni XAU	+0.0106%	4h	4,313.8	+0.254%	$46.8M	$29.1M	—	as long as short
Kalshi KXGOLDPERP	+0.0107%	24h	4,308.3	+0.125%	$3.7M	$46.3M	15x	as long as short
Binance XAUUSDT	+0.0108%	4h	4,306.1	+0.073%	$433.6M	$2.22B	100x	as long as short
MEXC XAU_USDT	+0.0108%	4h	4,306.5	+0.083%	$361.0M	$335.8M	1000x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,305.5	+0.061%	$159K	$87	10x	as long as short
edgeX XAUUSDC	+0.0118%	4h	4,309.9	+0.164%	$30.0M	$62.1M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0120%	4h	4,309.7	+0.159%	$1.4M	$3.1M	25x	as long as short
Gate XAU_USDT	+0.0124%	4h	4,308.3	+0.125%	$295.5M	$424.5M	100x	as long as short
RISEx XAU/USDC	+0.0126%	1h	4,306.2	+0.078%	$4.4M	$13.1M	25x	as long as short
Bitget XAUUSDT	+0.0190%	4h	4,306.2	+0.078%	$70.2M	$124.1M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0192%	1h	4,304.4	+0.035%	$134K	$882K	25x	as long as short
Bullet GOLD-USD	+0.0202%	1h	4,306.5	+0.083%	$58K	$81K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0249%	8h	4,307.2	+0.100%	$170.2M	$328.0M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0328%	1h	4,303.3	+0.009%	$572K	$138K	25x	as long as short
BloFin XAU-USDT	+0.0398%	4h	4,306.2	+0.077%	$16.1M	$5.0M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0466% / S −0.0314%	1h	4,306.4	+0.082%	$255K	—	111x	as long as short
Phemex XAUUSDT	+0.0776%	4h	4,309.8	+0.161%	$2.2M	$951K	100x	as long as short
HTX XAU-USDT	+0.1103%	4h	4,313.4	+0.244%	$3.2M	$6.2M	75x	as long as short
Bluefin GOLD-PERP	+0.5580%	1h	4,345.1	+0.980%	$25K	$1K	20x	as long as short