Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against ApeX Omni−0.018%67s7-day average −0.051% · 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−$3033.027% of the position
Funding, last 3 days (all we have)−0.094%−$9 on $10k
+Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.018%, 7d avg −0.051%
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.032% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.018% now, against its 7-day average of −0.051%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours. The two prices were read 67 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 | 4,359.2 | 0.0100 | pay 0.0013% / 1h | 59m 44s | $275K | $204K | 50x |
| Short | gTrade (Gains Network) XAU/USD | 4,358.4 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 59m 44s | $269K | — | 250x |
ApeX Omni XAUUSDT
gTrade (Gains Network) XAU/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.33
- Price spread: −0.018% → −0.051%
- $3.24
- Slippage, 4 orders
- −$285.67
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$319.76
- Costs to cover
- 3.027%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 7 min ago; gTrade (Gains Network): virtual book (oracle venue), 39 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, 7 min ago | 4.15 bp | 15.7 bp −$16 | 25.2 bp −$252 | 35.0 bp −$3,499 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 39 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,363.7 | +0.105% | $69.9M | $239.6M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,363.2 | +0.093% | $265.2M | $400.0M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,359.7 | +0.013% | $4.0M | $36.7M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,367.3 | +0.186% | $93K | $10.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | L +0.0002% / S −0.0003% | 1h | 4,358.4 | −0.018% | $269K | — | 250x | |
| Extended XAU-USD | +0.0032% | 1h | 4,359.1 | −0.001% | $13.5M | $43.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.200% | $619 | $54 | 52x | as long as short |
| Variational Omni XAU | +0.0040% | 4h | 4,362 | +0.065% | $48.4M | $28.5M | — | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,363.9 | +0.109% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,362.9 | +0.086% | $5.6M | $1.9M | 20x | as long as short |
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
Extended XAU-USD
Injective XAU/USDC PERP
Variational Omni XAU
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,395.9 | +0.843% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,360.1 | +0.022% | $294.3M | $51.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,358.8 | −0.008% | $14.8M | $57.3M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,359.6 | +0.010% | $48K | $64K | 25x | as long as short |
| MEXC XAU_USDT | +0.0058% | 4h | 4,363.5 | +0.100% | $372.8M | $318.2M | 1000x | as long as short |
| Binance XAUUSDT | +0.0060% | 4h | 4,363.7 | +0.103% | $411.7M | $2.14B | 100x | as long as short |
| edgeX XAUUSDC | +0.0063% | 4h | 4,356.5 | −0.060% | $30.3M | $60.4M | 50x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,361.8 | +0.062% | $20.6M | $43.2M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0088% | 8h | 4,363.3 | +0.096% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,364.4 | +0.120% | $20.2M | $40.5M | 25x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,361.7 | +0.059% | $162K | $87 | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,358.5 | −0.015% | $2.0M | $5.0M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,360.1 | +0.022% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDTlong | +0.0100% | 1h | 4,359.2 | long leg | $275K | $204K | 50x | |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,355.2 | −0.092% | $26K | $22K | 20x | as long as short |
| Bitget XAUUSDT | +0.0112% | 4h | 4,362.6 | +0.080% | $69.6M | $111.3M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0116% | 1h | 4,361.5 | +0.054% | $4.3M | $1.8M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0128% | 1h | 4,358.3 | −0.019% | $33K | — | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,362.9 | +0.086% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0142% | 4h | 4,362.6 | +0.080% | $1.4M | $3.1M | 25x | as long as short |
| Bybit XAUUSDT | +0.0195% | 4h | 4,363.6 | +0.103% | $83.7M | $144.9M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0209% | 1h | 4,360.6 | +0.033% | $235K | $658K | 25x | as long as short |
| Bullet GOLD-USD | +0.0214% | 1h | 4,362.9 | +0.086% | $59K | $82K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0216% | 8h | 4,363.4 | +0.097% | $164.3M | $286.6M | 100x | as long as short |
| BloFin XAU-USDT | +0.0225% | 4h | 4,362.7 | +0.082% | $15.4M | $4.6M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,359.7 | +0.013% | $595K | $141K | 25x | as long as short |
| Phemex XAUUSDT | +0.0323% | 4h | 4,365.5 | +0.146% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,362.9 | +0.087% | $254K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0559% | 4h | 4,367.1 | +0.183% | $2.9M | $3.9M | 75x | as long as short |
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Phoenix GOLD
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Lighter XAU
Paradex XAU-USD-PERP
Lighter RH XAU
Aevo XAU-PERP
Coinbase International GOLD-PERP-INTX
Pacifica XAU
Bluefin GOLD-PERP
Bitget XAUUSDT
Polymarket Perps GOLD-USD
Hotstuff GOLD-PERP
RISEx XAU/USDC
GRVT XAU_USDT_Perp
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT