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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.016%
Price spread now: Bullet against ApeX Omni+0.085%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bullet is 0.085% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAUUSDT4,3300.0100pay 0.0013% / 1h9m 37s$273K$208K50x
ShortBullet GOLD-USD4,333.70.0160get 0.0020% / 1h9m 37s$58K$82K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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

Funding earned
$12.67
Price spread: +0.085% → 0.000%
$8.5
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
$3.17
Costs to cover
0.180%
Break-even
5.3 days
Slippage unknown: ApeX Omni: live order book, 38 min ago; Bullet: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 38 min ago4.63 bp19.8 bp −$2031.8 bp −$31864.7 bp −$6,469doesn't fit
Sell Bullet no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERP−0.0049%1h4,326.7−0.077%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,337.6+0.176%$92K$8.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,329.9−0.004%$271K250xas long as short
Bybit XAUUSDT+0.0006%4h4,335.3+0.121%$78.4M$156.7M150xas long as short
Extended XAU-USD+0.0032%1h4,330.2+0.003%$13.1M$36.8M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.471%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,333.7+0.085%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,332.7+0.062%$5.5M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,367+0.854%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,332.8+0.064%$20.4M$31.8M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,330.3+0.006%$292.0M$51.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,330.4+0.009%$15.0M$56.5M25xas long as short
RISEx XAU/USDC+0.0054%1h4,335.5+0.126%$3.8M$12.5M25xas long as short
Kalshi KXGOLDPERP+0.0063%24h4,334.7+0.108%$4.0M$42.2M15xas long as short
Gate XAU_USDT+0.0064%4h4,334.9+0.114%$272.0M$416.9M100xas long as short
Lighter RH XAU+0.0072%1h4,335.3+0.121%$19.9M$39.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,330.9+0.020%$2.0M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0072%8h4,334.2+0.096%$19K$5K5xas long as short
Aster XAUUSD1+0.0097%4h4,334.9+0.113%$72.3M$330.2M20xas long as short
Pacifica XAU+0.0100%1h4,330.5+0.011%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDTlong+0.0100%1h4,330long leg$273K$208K50x
Variational Omni XAU+0.0101%4h4,331.5+0.034%$46.8M$28.6Mas long as short
Hotstuff GOLD-PERP+0.0104%1h4,331.4+0.032%$32K25xas long as short
GRVT XAU_USDT_Perp+0.0104%4h4,333.5+0.079%$1.4M$3.0M25xas long as short
MEXC XAU_USDT+0.0110%4h4,333.8+0.088%$363.9M$330.8M1000xas long as short
Binance XAUUSDT+0.0111%4h4,334.3+0.100%$414.8M$2.12B100xas long as short
Aevo XAU-PERP+0.0112%1h4,333.8+0.088%$160K$8710xas long as short
edgeX XAUUSDC+0.0126%4h4,327.8−0.051%$30.1M$60.3M50xas long as short
Phoenix GOLD+0.0127%1h4,326.6−0.079%$47K$77K25xas long as short
Bullet GOLD-USDshort+0.0160%1h4,333.7+0.085%$58K$82K10x
Polymarket Perps GOLD-USD+0.0177%1h4,334.4+0.101%$4.2M$2.0M20xas long as short
HTX XAU-USDT+0.0232%4h4,336.7+0.155%$2.8M$5.0M75xas long as short
Kraken Futures PF_XAUUSD+0.0247%1h4,331.5+0.034%$590K$130K25xas long as short
Bitget XAUUSDT+0.0254%4h4,334.3+0.098%$68.1M$118.9M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0258%1h4,334.2+0.097%$195K$826K25xas long as short
OKX XAU-USDT-SWAP+0.0331%8h4,334.5+0.103%$170.5M$297.5M100xas long as short
BloFin XAU-USDT+0.0359%4h4,333.3+0.076%$16.0M$4.5M100xas long as short
Phemex XAUUSDT+0.0387%4h4,335.2+0.120%$2.2M$962K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0302%1h4,334+0.092%$253K111xas long as short