Funding you earn now, next payment 10:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: Phoenix against ApeX Omni+0.005%116s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 116 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 | 4,334 | 0.0100 | pay 0.0013% / 1h | 43m 36s | $284K | $223K | 50x |
| Short | Phoenix GOLD | 4,334.2 | 0.0127 | get 0.0016% / 1h | 43m 36s | $43K | $71K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $5.73
- Price spread: +0.005% → 0.000%
- $0.46
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$10.81
- Costs to cover
- 0.170%
- Break-even
- 20.2 days
Slippage unknown: ApeX Omni: live order book, 2 min ago; Phoenix: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 2 min ago | 5.72 bp | 15.0 bp −$15 | 26.0 bp −$260 | 35.5 bp −$3,545 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −3.2000% | 1h | 4,318.3 | −0.362% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,338.7 | +0.108% | $92K | $5.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | 0.0000% | 1h | 4,330.5 | −0.081% | $2.1M | $5.2M | 25x | as long as short |
| Bluefin GOLD-PERP | +0.0002% | 1h | 4,328.9 | −0.119% | $25K | $1K | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,331.8 | −0.051% | $304K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.379% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,335.5 | +0.035% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,333.9 | −0.002% | $6.7M | $3.2M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,368.2 | +0.789% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,331.5 | −0.058% | $292.4M | $51.6M | 25x | as long as short |
Show all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,330.2 | −0.087% | $15.1M | $59.5M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0054% | 8h | 4,334.5 | +0.012% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0054% | 4h | 4,336.2 | +0.050% | $72.3M | $276.0M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0073% | 1h | 4,334.5 | +0.012% | $135K | $707K | 25x | as long as short |
| Variational Omni XAU | +0.0074% | 4h | 4,333.5 | −0.010% | $47.3M | $29.2M | — | as long as short |
| Polymarket Perps GOLD-USD | +0.0074% | 1h | 4,334.2 | +0.005% | $4.3M | $1.7M | 20x | as long as short |
| Gate XAU_USDT | +0.0076% | 4h | 4,336.3 | +0.054% | $298.2M | $445.0M | 100x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,334.1 | +0.002% | $20.2M | $30.4M | 25x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,336.3 | +0.053% | $19.6M | $40.0M | 25x | as long as short |
| Binance XAUUSDT | +0.0092% | 4h | 4,334.6 | +0.014% | $442.6M | $2.43B | 100x | as long as short |
| MEXC XAU_USDT | +0.0094% | 4h | 4,334.6 | +0.014% | $367.1M | $353.2M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0094% | 4h | 4,336.8 | +0.064% | $1.4M | $3.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,331.2 | −0.066% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDTlong | +0.0100% | 1h | 4,334 | long leg | $284K | $223K | 50x | |
| Aevo XAU-PERP | +0.0104% | 1h | 4,334.3 | +0.007% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0108% | 4h | 4,330.5 | −0.081% | $30.3M | $67.7M | 50x | as long as short |
| Extended XAU-USD | +0.0120% | 1h | 4,331.1 | −0.067% | $12.5M | $34.6M | 25x | as long as short |
| Bybit XAUUSDT | +0.0122% | 4h | 4,336.4 | +0.056% | $82.8M | $172.2M | 150x | as long as short |
| Phoenix GOLDshort | +0.0127% | 1h | 4,334.2 | +0.005% | $43K | $71K | 25x | |
| Kalshi KXGOLDPERP | +0.0137% | 24h | 4,336.4 | +0.055% | $3.5M | $51.1M | 15x | as long as short |
| Bullet GOLD-USD | +0.0165% | 1h | 4,335.2 | +0.027% | $59K | $76K | 10x | as long as short |
| RISEx XAU/USDC | +0.0205% | 1h | 4,334.8 | +0.019% | $4.7M | $13.2M | 25x | as long as short |
| Bitget XAUUSDT | +0.0210% | 4h | 4,335 | +0.023% | $72.8M | $139.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0227% | 4h | 4,338.4 | +0.101% | $2.3M | $772K | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0237% | 8h | 4,336 | +0.046% | $170.7M | $361.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0253% | 1h | 4,332.3 | −0.040% | $583K | $169K | 25x | as long as short |
| BloFin XAU-USDT | +0.0336% | 4h | 4,334.8 | +0.019% | $16.3M | $5.3M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0308% | 1h | 4,334.8 | +0.019% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1076% | 4h | 4,341.1 | +0.165% | $3.2M | $7.1M | 75x | as long as short |
ApeX Omni XAUUSDT
Phoenix GOLD
SunX XAU-USDT
Coinbase International GOLD-PERP-INTX
Bluefin GOLD-PERP
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
Aster XAUUSD1
Deribit GOLD_USDC-PERPETUAL
Variational Omni XAU
Polymarket Perps GOLD-USD
Gate XAU_USDT
Lighter XAU
Lighter RH XAU
Binance XAUUSDT
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Pacifica XAU
edgeX XAUUSDC
Extended XAU-USD
Bybit XAUUSDT
Kalshi KXGOLDPERP
Bullet GOLD-USD
RISEx XAU/USDC
Bitget XAUUSDT
Phemex XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT