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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against Extended+0.013%52s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.118%+$12 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.013%, 7d avg +0.018%
Together, before fees+0.138%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,342.70.0032pay 0.0004% / 1h10m 24s$13.2M$38.3M25x
ShortApeX Omni XAUUSDT4,343.30.0100get 0.0013% / 1h10m 24s$274K$203K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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: +0.013% → +0.018%
−$0.51
Slippage, 4 orders
−$20.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$22.14
Costs to cover
0.359%
Break-even
17.9 days
Slippage from Extended: live order book, 4 min ago; ApeX Omni: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago0.12 bp2.6 bp −$33.1 bp −$316.0 bp −$60024.5 bp −$12.3K
Sell ApeX Omni live order book, 47 min ago4.01 bp13.7 bp −$1428.3 bp −$28337.6 bp −$3,757doesn't fit

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
RISEx XAU/USDC0.0000%1h4,346.4+0.084%$3.4M$12.3M25xas long as short
Hotstuff GOLD-PERP0.0000%1h4,342.70.000%$33K25xas long as short
Gate XAU_USDT0.0000%4h4,348.8+0.140%$266.1M$417.4M100xas long as short
SunX XAU-USDT0.0000%4h4,350.4+0.177%$92K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.1+0.010%$272K250xas long as short
Lighter XAU+0.0032%1h4,345.6+0.067%$20.8M$38.2M25xas long as short
Extended XAU-USDlong+0.0032%1h4,342.7long leg$13.2M$38.3M25x
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.178%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,347.8+0.118%$20.1M$39.4M25xas long as short
StandX XAU-USD+0.0040%1h4,347.4+0.108%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0041%1h4,346.1+0.078%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,379.5+0.847%$1.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,343.7+0.023%$2.0M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0049%24h4,343.8+0.025%$4.2M$37.4M15xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,344.1+0.032%$293.8M$49.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,343.1+0.010%$15.1M$56.8M25xas long as short
Aster XAUUSD1+0.0061%4h4,348+0.122%$71.3M$333.2M20xas long as short
Variational Omni XAU+0.0076%4h4,345.3+0.059%$48.4M$28.2Mas long as short
Paradex XAU-USD-PERP+0.0080%8h4,346.3+0.084%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0086%4h4,346.5+0.087%$1.4M$2.9M25xas long as short
MEXC XAU_USDT+0.0088%4h4,347+0.099%$372.0M$320.4M1000xas long as short
Binance XAUUSDT+0.0089%4h4,347.3+0.106%$413.9M$2.10B100xas long as short
edgeX XAUUSDC+0.0099%4h4,343.2+0.011%$30.2M$58.3M50xas long as short
Pacifica XAU+0.0100%1h4,343+0.007%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDTshort+0.0100%1h4,343.3+0.013%$274K$203K50x
Bluefin GOLD-PERP+0.0100%1h4,340.4−0.053%$25K$14K20xas long as short
Aevo XAU-PERP+0.0104%1h4,345.2+0.058%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,344.7+0.046%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0164%1h4,346.9+0.097%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0187%1h4,347+0.099%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,343.7+0.022%$592K$132K25xas long as short
Bitget XAUUSDT+0.0232%4h4,347.2+0.103%$70.1M$109.2M100xas long as short
Phemex XAUUSDT+0.0235%4h4,350.4+0.178%$2.2M$967K100xas long as short
Bybit XAUUSDT+0.0240%4h4,348.6+0.135%$85.1M$145.4M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0257%1h4,345.1+0.055%$206K$825K25xas long as short
OKX XAU-USDT-SWAP+0.0298%8h4,348.4+0.131%$165.3M$282.0M100xas long as short
BloFin XAU-USDT+0.0329%4h4,346.1+0.078%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0418% / S −0.0239%1h4,347.3+0.106%$248K111xas long as short
HTX XAU-USDT+0.0620%4h4,351.3+0.198%$2.8M$4.6M75xas long as short