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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.015%
Price spread now: Hotstuff against ApeX Omni−0.024%57s7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.024% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAUUSDT4,353.90.0100pay 0.0013% / 1h36m 09s$275K$204K50x
ShortHotstuff GOLD-PERP4,352.80.0032get 0.0004% / 1h36m 09s$33K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$14.28
Price spread: −0.024% → 0.000%
−$2.43
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$31.71
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 31 min ago; Hotstuff: 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, 31 min ago4.15 bp15.7 bp −$1625.2 bp −$25235.0 bp −$3,499doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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−0.0317%1h4,349.8−0.092%$25K$14K20xas long as short
Aster XAUUSD10.0000%4h4,358.7+0.110%$70.2M$293.2M20xas long as short
Gate XAU_USDT0.0000%4h4,359.2+0.122%$263.5M$408.3M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,354.2+0.008%$4.1M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,361.3+0.170%$93K$9.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,353.5−0.008%$270K250xas long as short
Extended XAU-USD+0.0032%1h4,353.8−0.001%$13.6M$43.0M25xas long as short
Hotstuff GOLD-PERPshort+0.0032%1h4,352.8−0.024%$33K25x
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.079%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,356+0.049%$3.8M$4.7M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,390.7+0.846%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,356.9+0.069%$20.7M$43.5M25xas long as short
Lighter RH XAU+0.0048%1h4,359.2+0.122%$20.1M$40.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,354.7+0.019%$294.1M$48.4M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,354.3+0.011%$14.9M$57.8M25xas long as short
QFEX GOLD-USD+0.0051%1h4,356.7+0.065%$5.6M$1.9M20xas long as short
Polymarket Perps GOLD-USD+0.0060%1h4,356.4+0.058%$4.3M$1.9M20xas long as short
Variational Omni XAU+0.0069%4h4,356.5+0.061%$48.3M$28.4Mas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,354.6+0.017%$2.0M$5.0M25xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,357+0.073%$19K$5K5xas long as short
edgeX XAUUSDC+0.0084%4h4,350.2−0.084%$30.3M$60.6M50xas long as short
MEXC XAU_USDT+0.0084%4h4,357.6+0.085%$373.6M$322.2M1000xas long as short
Binance XAUUSDT+0.0086%4h4,358+0.095%$409.6M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,352.7−0.027%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDTlong+0.0100%1h4,353.9long leg$275K$204K50x
Aevo XAU-PERP+0.0104%1h4,356.4+0.057%$161K$8710xas long as short
Phoenix GOLD+0.0121%1h4,355.1+0.028%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,357+0.072%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0136%4h4,357.5+0.083%$1.4M$2.9M25xas long as short
Bitget XAUUSDT+0.0152%4h4,357.8+0.091%$69.2M$109.7M100xas long as short
Bullet GOLD-USD+0.0156%1h4,357.4+0.082%$59K$83K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0186%1h4,356.3+0.056%$234K$661K25xas long as short
Bybit XAUUSDT+0.0190%4h4,359.3+0.125%$84.2M$143.6M150xas long as short
OKX XAU-USDT-SWAP+0.0226%8h4,359.6+0.132%$165.0M$284.2M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,354.9+0.023%$594K$141K25xas long as short
BloFin XAU-USDT+0.0286%4h4,364.8+0.251%$15.5M$4.6M100xas long as short
Phemex XAUUSDT+0.0381%4h4,361.1+0.166%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,357.1+0.075%$253K111xas long as short
HTX XAU-USDT+0.0523%4h4,362.7+0.203%$2.9M$3.9M75xas long as short