Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.011%
Price spread now: ApeX Omni against StandX−0.112%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$470.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.112%, 7d avg −0.053%
Together, before fees+0.143%+ Points / potential airdropStandX: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.059% cheaper against StandX than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.053%). If the spread goes back, that is −$6 on $10k: about 3.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,325.20.0040pay 0.0005% / 1h40m 54s$3.8M$4.5M40x
ShortApeX Omni XAUUSDT4,320.40.0100get 0.0013% / 1h40m 54s$272K$208K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against StandX. 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

Funding earned
$12.6
Price spread: −0.112% → −0.053%
−$5.87
Slippage, 4 orders
−$28.7
Fee StandX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$39.98
Costs to cover
0.467%
Break-even
29.2 days
Slippage from StandX: live order book, 3 min ago; ApeX Omni: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 3 min ago0.12 bp4.1 bp −$44.7 bp −$478.3 bp −$83410.2 bp −$5,115
Sell ApeX Omni live order book, 66 min ago4.63 bp13.4 bp −$1326.0 bp −$26042.6 bp −$4,264doesn't fit

XAU on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERP−0.0116%1h4,317.3−0.182%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,327.4+0.051%$92K$7.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,320.1−0.119%$270K250xas long as short
Bybit XAUUSDT+0.0005%4h4,323.9−0.030%$77.3M$155.9M150xas long as short
Extended XAU-USD+0.0032%1h4,319.3−0.137%$13.2M$36.7M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.583%$619$5452xas long as short
StandX XAU-USDlong+0.0040%1h4,325.2long leg$3.8M$4.5M40x
QFEX GOLD-USD+0.0042%1h4,322.3−0.067%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,356+0.712%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,320.1−0.118%$291.5M$51.7M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,319.5−0.131%$15.0M$55.6M25xas long as short
Lighter XAU+0.0056%1h4,323−0.052%$20.3M$30.4M25xas long as short
Hotstuff GOLD-PERP+0.0072%1h4,320.2−0.116%$32K25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,320−0.120%$2.1M$4.9M25xas long as short
Kalshi KXGOLDPERP+0.0072%24h4,325−0.005%$3.8M$43.4M15xas long as short
Paradex XAU-USD-PERP+0.0073%8h4,323.5−0.039%$19K$5K5xas long as short
Aster XAUUSD1+0.0074%4h4,324.9−0.008%$72.5M$298.7M20xas long as short
GRVT XAU_USDT_Perp+0.0082%4h4,323.4−0.041%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0088%4h4,324.8−0.009%$281.8M$413.6M100xas long as short
Variational Omni XAU+0.0093%4h4,322.9−0.054%$47.4M$29.0Mas long as short
Lighter RH XAU+0.0096%1h4,325.5+0.008%$19.8M$38.5M25xas long as short
MEXC XAU_USDT+0.0098%4h4,323−0.052%$362.5M$328.6M1000xas long as short
Binance XAUUSDT+0.0099%4h4,322.9−0.054%$415.6M$2.14B100xas long as short
Phoenix GOLD+0.0100%1h4,321−0.097%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,319.8−0.124%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDTshort+0.0100%1h4,320.4−0.112%$272K$208K50x
Aevo XAU-PERP+0.0104%1h4,322.4−0.064%$160K$8710xas long as short
edgeX XAUUSDC+0.0110%4h4,318.5−0.156%$30.0M$61.4M50xas long as short
Kraken Futures PF_XAUUSD+0.0153%1h4,320.3−0.113%$584K$134K25xas long as short
Bullet GOLD-USD+0.0181%1h4,323.5−0.039%$59K$82K10xas long as short
RISEx XAU/USDC+0.0184%1h4,325.9+0.016%$4.2M$12.8M25xas long as short
Polymarket Perps GOLD-USD+0.0209%1h4,323.8−0.032%$4.3M$1.9M20xas long as short
HTX XAU-USDT+0.0220%4h4,327.2+0.046%$2.8M$4.9M75xas long as short
Bitget XAUUSDT+0.0232%4h4,323−0.050%$68.0M$119.0M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0282%1h4,322.7−0.058%$192K$832K25xas long as short
OKX XAU-USDT-SWAP+0.0312%8h4,323.7−0.035%$170.6M$297.5M100xas long as short
BloFin XAU-USDT+0.0339%4h4,323.3−0.044%$16.1M$4.6M100xas long as short
Phemex XAUUSDT+0.0375%4h4,326.2+0.024%$2.2M$967K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0463% / S −0.0307%1h4,323.6−0.036%$252K111xas long as short