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+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest−0.676%62s7-day average −0.914% · 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)+0.053%+$5 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now −0.676%, 7d avg −0.914%
Together, before fees−0.085%+ Points / potential airdropVest: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.238% dearer against Vest than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.914%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,388.10.0046pay 0.0006% / 1h14m 27s$1.0M25x
ShortApeX Omni XAUUSDT4,358.50.0100get 0.0013% / 1h14m 27s$275K$204K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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
$11.41
Price spread: −0.676% → −0.914%
$23.79
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$23.19
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 53 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 Vest no order-book sample
Sell ApeX Omni live order book, 53 min ago4.15 bp19.9 bp −$2033.3 bp −$33342.9 bp −$4,290doesn't fit
Vest: 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 38 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
Gate XAU_USDT0.0000%4h4,355.3−0.747%$263.4M$413.8M100xas long as short
SunX XAU-USDT0.0000%4h4,362.5−0.585%$93K$9.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,350.8−0.850%$269K250xas long as short
Extended XAU-USD+0.0032%1h4,349.3−0.884%$13.5M$41.8M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,350.7−0.852%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.859%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,354.2−0.773%$4.1M$36.0M15xas long as short
Aster XAUUSD1+0.0035%4h4,354.6−0.763%$70.4M$298.7M20xas long as short
StandX XAU-USD+0.0040%1h4,358.7−0.670%$3.8M$4.7M40xas long as short
Vest GC-PERPlong+0.0046%1h4,388.1long leg$1.0M25x
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,351.6−0.832%$294.1M$48.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,350.9−0.848%$14.9M$58.0M25xas long as short
QFEX GOLD-USD+0.0051%1h4,353−0.800%$5.6M$1.9M20xas long as short
Lighter XAU+0.0056%1h4,352.2−0.819%$20.6M$43.7M25xas long as short
Lighter RH XAU+0.0064%1h4,354.8−0.758%$20.1M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,354.9−0.757%$2.0M$5.0M25xas long as short
Polymarket Perps GOLD-USD+0.0075%1h4,353.4−0.791%$4.3M$1.9M20xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,353.1−0.797%$19K$5K5xas long as short
Variational Omni XAU+0.0086%4h4,356−0.731%$48.2M$28.1Mas long as short
Pacifica XAU+0.0100%1h4,350.6−0.855%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDTshort+0.0100%1h4,358.5−0.676%$275K$204K50x
Bluefin GOLD-PERP+0.0100%1h4,350.7−0.853%$25K$14K20xas long as short
MEXC XAU_USDT+0.0102%4h4,354.8−0.759%$375.9M$323.9M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,356.6−0.717%$161K$8710xas long as short
Binance XAUUSDT+0.0104%4h4,353.7−0.785%$409.1M$2.09B100xas long as short
edgeX XAUUSDC+0.0112%4h4,353.3−0.793%$30.3M$59.9M50xas long as short
GRVT XAU_USDT_Perp+0.0116%4h4,360−0.640%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0121%1h4,356.9−0.711%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,353.6−0.787%$3.4M$12.4M25xas long as short
Bullet GOLD-USD+0.0168%1h4,354.6−0.763%$59K$83K10xas long as short
Bybit XAUUSDT+0.0180%4h4,355−0.754%$83.7M$144.1M150xas long as short
Bitget XAUUSDT+0.0184%4h4,354.5−0.766%$69.5M$109.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0209%1h4,354.9−0.757%$242K$672K25xas long as short
OKX XAU-USDT-SWAP+0.0238%8h4,355.6−0.741%$164.9M$281.6M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,354.7−0.761%$594K$139K25xas long as short
Phemex XAUUSDT+0.0340%4h4,359.9−0.644%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0391% / S −0.0197%1h4,355−0.754%$251K111xas long as short
HTX XAU-USDT+0.0554%4h4,363.2−0.568%$2.9M$3.9M75xas long as short