XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.039%

Price spread now: Deribit against ApeX Omni+0.018%74s7-day average −0.073% · you sell dearer than you buy

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−$490.491% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.659%+$66 on $10k

Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.018%, 7d avg −0.073%

Together, before fees+0.593%+$59 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 Deribit is 0.091% dearer against ApeX Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.073%. 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	ApeX Omni XAUUSDT	4,373.2	0.0100	pay 0.0013% / 1h	45m 41s	$277K	$204K	50x
Short	Deribit GOLD_USDC-PERPETUAL	4,374	0.0162	get 0.0020% / 1h	45m 41s	$236K	$655K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee DeribitbpOrdersPrice spread, now +0.018%Rate

Funding earned: $12.95
Price spread: +0.018% → −0.073%: $9.13
Slippage, 4 orders: −$32.06
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$26.98
Costs to cover: 0.491%
Break-even: 21.6 days

Slippage from ApeX Omni: live order book, 26 min ago; Deribit: live order book, 28 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 ApeX Omni live order book, 26 min ago	4.79 bp	15.6 bp −$16	25.6 bp −$256	doesn't fit	doesn't fit
Sell Deribit live order book, 28 min ago	0.11 bp	9.5 bp −$10	10.4 bp −$104	doesn't fit	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	−0.0105%	1h	4,369.4	−0.088%	$26K	$21K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,376	+0.065%	$71.2M	$207.5M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,376.1	+0.065%	$410.2M	$2.15B	100x	as long as short
Gate XAU_USDT	0.0000%	4h	4,376.6	+0.078%	$266.2M	$410.3M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,376.1	+0.067%	$375.8M	$321.6M	1000x	as long as short
Variational Omni XAU	0.0000%	4h	4,375.1	+0.044%	$48.7M	$27.7M	—	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,372.2	−0.023%	$4.0M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,380.2	+0.160%	$93K	$10.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,371.6	−0.038%	$268K	—	250x	as long as short
Bitget XAUUSDT	+0.0008%	4h	4,376.3	+0.071%	$69.7M	$113.9M	100x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX XAUUSDC	+0.0018%	4h	4,371.2	−0.046%	$30.4M	$60.2M	50x	as long as short
Hotstuff GOLD-PERP	+0.0024%	1h	4,372.6	−0.014%	$33K	—	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.521%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,376.4	+0.073%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,375.1	+0.043%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,409.6	+0.832%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,376	+0.064%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,372.3	−0.021%	$294.7M	$52.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,371.5	−0.040%	$14.7M	$57.3M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,375.3	+0.048%	$48K	$64K	25x	as long as short
Paradex XAU-USD-PERP	+0.0071%	8h	4,375.7	+0.056%	$19K	$5K	5x	as long as short
Lighter XAU	+0.0072%	1h	4,374.9	+0.039%	$20.8M	$43.4M	25x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,375	+0.040%	$162K	$87	10x	as long as short
Lighter RH XAU	+0.0088%	1h	4,377.3	+0.094%	$20.3M	$40.9M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,372.2	−0.023%	$2.0M	$5.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,372.7	−0.011%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDTlong	+0.0100%	1h	4,373.2	long leg	$277K	$204K	50x
Polymarket Perps GOLD-USD	+0.0108%	1h	4,374.6	+0.032%	$4.3M	$1.8M	20x	as long as short
Extended XAU-USD	+0.0120%	1h	4,371.8	−0.033%	$13.3M	$44.1M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0138%	4h	4,376.4	+0.074%	$1.4M	$3.1M	25x	as long as short
Deribit GOLD_USDC-PERPETUALshort	+0.0162%	1h	4,374	+0.018%	$236K	$655K	25x
OKX XAU-USDT-SWAP	+0.0174%	8h	4,378.4	+0.119%	$166.3M	$287.1M	100x	as long as short
Bybit XAUUSDT	+0.0182%	4h	4,376.8	+0.082%	$83.4M	$144.5M	150x	as long as short
Bullet GOLD-USD	+0.0192%	1h	4,375.6	+0.055%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,373.2	+0.001%	$596K	$146K	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,374.8	+0.037%	$15.0M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0390% / S −0.0197%	1h	4,376	+0.063%	$252K	—	111x	as long as short
Phemex XAUUSDT	+0.0474%	4h	4,378.2	+0.115%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0582%	4h	4,380.4	+0.164%	$2.9M	$3.8M	75x	as long as short