XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%

Price spread now: QFEX against ApeX Omni+0.044%7-day average +0.028% · 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−$46as in the Price arb table

costs, in and out, $10k−$470.474% of the position

Long on ApeX Omni Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.087%−$9 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.044%, 7d avg +0.028%

Together, before fees−0.113%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XAUUSDT	4,322.7	0.0100	pay 0.0013% / 1h	33m 03s	$272K	$208K	50x
Short	QFEX GOLD-USD	4,324.6	0.0045	get 0.0006% / 1h	33m 03s	$5.4M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$11.64
Price spread: +0.044% → +0.028%: $1.53
Slippage, 4 orders: −$27.44
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$57.56
Costs to cover: 0.474%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 4 min ago; QFEX: live order book, 6 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, 4 min ago	5.20 bp	18.0 bp −$18	28.2 bp −$282	doesn't fit	doesn't fit
Sell QFEX live order book, 6 min ago	1.50 bp	6.5 bp −$7	6.5 bp −$65	8.8 bp −$879	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	−0.0097%	1h	4,320.3	−0.057%	$25K	$1K	20x	as long as short
Hotstuff GOLD-PERP	−0.0096%	1h	4,322.5	−0.005%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,330.1	+0.170%	$92K	$7.3M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,321.6	−0.026%	$270K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.641%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,327.2	+0.104%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USDshort	+0.0045%	1h	4,324.6	+0.044%	$5.4M	$2.0M	20x
Vest GC-PERP	+0.0046%	1h	4,358.1	+0.819%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,321.3	−0.033%	$291.7M	$51.5M	25x	as long as short
Bybit XAUUSDT	+0.0050%	4h	4,325.6	+0.066%	$77.6M	$152.8M	150x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,321.7	−0.023%	$15.0M	$55.6M	25x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,325.8	+0.072%	$72.9M	$272.0M	20x	as long as short
Lighter XAU	+0.0064%	1h	4,323.8	+0.024%	$20.5M	$29.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0066%	8h	4,324.8	+0.049%	$2K	$14K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,322.2	−0.012%	$2.1M	$4.8M	25x	as long as short
Variational Omni XAU	+0.0089%	4h	4,324.9	+0.050%	$47.2M	$29.3M	—	as long as short
Kalshi KXGOLDPERP	+0.0092%	24h	4,327.4	+0.108%	$3.8M	$44.6M	15x	as long as short
Phoenix GOLD	+0.0096%	1h	4,323.3	+0.014%	$47K	$79K	25x	as long as short
MEXC XAU_USDT	+0.0098%	4h	4,324	+0.030%	$363.0M	$327.7M	1000x	as long as short
Pacifica XAU	+0.0100%	1h	4,322.1	−0.014%	$1.4M	$1.2M	10x	as long as short
GRVT XAU_USDT_Perp	+0.0100%	4h	4,326.8	+0.094%	$1.4M	$3.0M	25x	as long as short
ApeX Omni XAUUSDTlong	+0.0100%	1h	4,322.7	long leg	$272K	$208K	50x
Binance XAUUSDT	+0.0101%	4h	4,324.5	+0.042%	$425.0M	$2.13B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,325.1	+0.056%	$160K	$87	10x	as long as short
Gate XAU_USDT	+0.0106%	4h	4,326.4	+0.086%	$285.2M	$416.2M	100x	as long as short
edgeX XAUUSDC	+0.0117%	4h	4,323.1	+0.009%	$30.1M	$59.6M	50x	as long as short
Lighter RH XAU	+0.0120%	1h	4,326.5	+0.087%	$20.0M	$39.1M	25x	as long as short
Extended XAU-USD	+0.0128%	1h	4,320.2	−0.058%	$13.2M	$36.8M	25x	as long as short
Bitget XAUUSDT	+0.0194%	4h	4,323.8	+0.025%	$70.1M	$118.6M	100x	as long as short
Bullet GOLD-USD	+0.0206%	1h	4,326	+0.076%	$58K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,326	+0.076%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,322.9	+0.005%	$578K	$135K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0259%	1h	4,324	+0.030%	$163K	$871K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0276%	8h	4,325.3	+0.060%	$173.8M	$299.0M	100x	as long as short
BloFin XAU-USDT	+0.0341%	4h	4,324.9	+0.050%	$16.4M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0364%	4h	4,327.8	+0.118%	$2.2M	$975K	100x	as long as short
HTX XAU-USDT	+0.0418%	4h	4,331.1	+0.193%	$3.2M	$5.9M	75x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,325.9	+0.073%	$253K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,325.7	+0.068%	$4.6M	$13.3M	25x	as long as short