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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.014%
Price spread now: Hotstuff against ApeX Omni−0.054%57s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.054% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAUUSDT4,322.30.0100pay 0.0013% / 1h52m 13s$272K$208K50x
ShortHotstuff GOLD-PERP4,3200.0032get 0.0004% / 1h52m 13s$32K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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

Funding earned
−$14.28
Price spread: −0.054% → 0.000%
−$5.39
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$34.67
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 55 min ago; Hotstuff: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 55 min ago4.63 bp19.8 bp −$2031.8 bp −$31864.7 bp −$6,469doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
Bluefin GOLD-PERP−0.0032%1h4,316.5−0.135%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,326.9+0.105%$92K$8.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,318.4−0.091%$270K250xas long as short
Bybit XAUUSDT+0.0007%4h4,323.7+0.032%$77.8M$156.9M150xas long as short
Extended XAU-USD+0.0032%1h4,318.7−0.084%$13.1M$36.7M25xas long as short
Hotstuff GOLD-PERPshort+0.0032%1h4,320−0.054%$32K25x
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.650%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,322.8+0.011%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,323+0.016%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,355.6+0.770%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,319.9−0.056%$291.5M$51.7M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,319.3−0.070%$15.0M$55.9M25xas long as short
Lighter XAU+0.0056%1h4,322−0.007%$20.3M$30.1M25xas long as short
Kalshi KXGOLDPERP+0.0069%24h4,324.7+0.055%$3.9M$42.9M15xas long as short
Paradex XAU-USD-PERP+0.0072%8h4,323.1+0.017%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,320.4−0.045%$2.1M$4.9M25xas long as short
GRVT XAU_USDT_Perp+0.0076%4h4,323.4+0.025%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0080%4h4,324.7+0.055%$275.7M$406.4M100xas long as short
Aster XAUUSD1+0.0080%4h4,324.4+0.047%$72.3M$315.2M20xas long as short
Variational Omni XAU+0.0089%4h4,326.3+0.092%$47.1M$29.2Mas long as short
MEXC XAU_USDT+0.0098%4h4,323+0.016%$363.4M$324.5M1000xas long as short
Binance XAUUSDT+0.0099%4h4,322.9+0.012%$413.4M$2.13B100xas long as short
Phoenix GOLD+0.0100%1h4,324.8+0.057%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,319.6−0.062%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDTlong+0.0100%1h4,322.3long leg$272K$208K50x
Lighter RH XAU+0.0104%1h4,324.5+0.051%$19.8M$38.3M25xas long as short
Aevo XAU-PERP+0.0104%1h4,321.9−0.009%$160K$8710xas long as short
edgeX XAUUSDC+0.0105%4h4,321.6−0.017%$30.1M$60.6M50xas long as short
Kraken Futures PF_XAUUSD+0.0153%1h4,320.2−0.050%$588K$130K25xas long as short
RISEx XAU/USDC+0.0184%1h4,324.5+0.051%$4.2M$12.8M25xas long as short
Bullet GOLD-USD+0.0200%1h4,323.2+0.020%$59K$81K10xas long as short
HTX XAU-USDT+0.0211%4h4,326.2+0.090%$2.8M$4.9M75xas long as short
Polymarket Perps GOLD-USD+0.0215%1h4,323.3+0.022%$4.2M$1.9M20xas long as short
Bitget XAUUSDT+0.0236%4h4,322.7+0.009%$68.0M$119.2M100xas long as short
OKX XAU-USDT-SWAP+0.0317%8h4,323.1+0.018%$170.1M$296.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0329%1h4,321.8−0.012%$193K$830K25xas long as short
BloFin XAU-USDT+0.0339%4h4,323.3+0.022%$16.1M$4.4M100xas long as short
Phemex XAUUSDT+0.0400%4h4,326.8+0.103%$2.2M$961K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0463% / S −0.0307%1h4,322.6+0.007%$252K111xas long as short