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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0319%/8h= −34.9% APRnext payment $0.40 per $10,000 · paid last 24h −0.228%
Price spread now: ApeX Omni against Bluefin+0.067%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.067% dearer against Bluefin than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin GOLD-PERP4,351.80.0419pay 0.0052% / 1h23m 04s$25K$14K20x
ShortApeX Omni XAUUSDT4,354.70.0100get 0.0013% / 1h23m 04s$275K$203K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bluefin. 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
−$67.01
Price spread: +0.067% → 0.000%
$6.66
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$77.34
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bluefin: no order-book sample; ApeX Omni: live order book, 39 min ago. 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 Bluefin no order-book sample
Sell ApeX Omni live order book, 39 min ago4.79 bp19.9 bp −$2034.7 bp −$34744.0 bp −$4,399doesn't fit
Bluefin: 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
SunX XAU-USDT0.0000%4h4,362.3+0.240%$93K$9.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,354.6+0.063%$267K250xas long as short
Gate XAU_USDT+0.0006%4h4,359.9+0.185%$264.7M$413.3M100xas long as short
RISEx XAU/USDC+0.0010%1h4,357.4+0.128%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,354.3+0.056%$13.6M$38.9M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.032%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0039%24h4,355.3+0.080%$4.1M$37.0M15xas long as short
StandX XAU-USD+0.0040%1h4,359.3+0.172%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0043%4h4,358.4+0.151%$70.6M$333.9M20xas long as short
Vest GC-PERP+0.0046%1h4,391.3+0.907%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,357+0.119%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,355.7+0.089%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,355.5+0.085%$294.2M$48.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,353.8+0.045%$15.1M$57.2M25xas long as short
GRVT XAU_USDT_Perp+0.0054%4h4,357.1+0.121%$1.4M$3.0M25xas long as short
Lighter XAU+0.0056%1h4,357.6+0.134%$20.7M$42.3M25xas long as short
Variational Omni XAU+0.0057%4h4,355.6+0.088%$48.3M$27.9Mas long as short
Lighter RH XAU+0.0064%1h4,359.8+0.184%$20.2M$39.7M25xas long as short
MEXC XAU_USDT+0.0072%4h4,358.6+0.156%$373.6M$319.2M1000xas long as short
Binance XAUUSDT+0.0073%4h4,358.5+0.154%$412.1M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0080%8h4,357.8+0.138%$19K$5K5xas long as short
edgeX XAUUSDC+0.0090%4h4,351.8−0.001%$30.3M$58.4M50xas long as short
Aevo XAU-PERP+0.0096%1h4,357.1+0.121%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,354.4+0.059%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDTshort+0.0100%1h4,354.7+0.067%$275K$203K50x
Hotstuff GOLD-PERP+0.0104%1h4,354.5+0.062%$33K25xas long as short
Phemex XAUUSDT+0.0123%4h4,358.8+0.160%$2.2M$1.1M100xas long as short
Polymarket Perps GOLD-USD+0.0123%1h4,357+0.119%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,356.1+0.098%$48K$77K25xas long as short
Bybit XAUUSDT+0.0199%4h4,360+0.188%$84.5M$145.4M150xas long as short
Bullet GOLD-USD+0.0199%1h4,358+0.142%$60K$83K10xas long as short
Bitget XAUUSDT+0.0212%4h4,359.2+0.169%$70.3M$109.4M100xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,359.8+0.183%$165.3M$282.9M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0255%1h4,357.3+0.126%$278K$727K25xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,354.8+0.068%$594K$133K25xas long as short
BloFin XAU-USDT+0.0292%4h4,358.7+0.157%$15.6M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0401% / S −0.0214%1h4,358.4+0.151%$249K111xas long as short
Bluefin GOLD-PERPlong+0.0419%1h4,351.8long leg$25K$14K20x
HTX XAU-USDT+0.0568%4h4,363.4+0.266%$2.9M$4.2M75xas long as short