data as of
Settings8H · net · $10k
Price arb /

XAU

RWAall XAU markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.155%
7d averageif it closes, per $10,000$15funding while held, a day−$2.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAUUSDT4,343.70.0100pay 0.0013% / 1h27m 26s$273K$203K50x
ShortInjective XAU/USDC PERP4,350.40.0033get 0.0004% / 1h27m 26s$619$5452x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$15.47
Funding while held
−$2
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$3.45
Spread needed to break even
0.100%
Slippage unknown: ApeX Omni: live order book, 11 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0067%
Per $10,000 a day
$2.00
Average in range /8h

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, 11 min ago4.97 bp17.8 bp −$1830.8 bp −$30840.0 bp −$3,996doesn't fit
Sell Injective no order-book sample
Injective: 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 price on every exchange

against the cheapest. Click to use as the short leg.

XAU on 38 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bluefin GOLD-PERP−0.116%+0.0100%1h$26K$23K20xas long as short
tradeXYZ xyz:GOLD−0.067%+0.0050%1h$294.1M$60.9M25xas long as short
Ondo Perps XAU-USD.P−0.067%+0.0050%1h$14.7M$47.1M25xas long as short
Extended XAU-USD−0.043%+0.0056%1h$13.3M$51.9M25xas long as short
Kalshi KXGOLDPERP−0.041%+0.0053%24h$4.2M$30.2M15xas long as short
Coinbase International GOLD-PERP-INTX−0.041%+0.0056%1h$1.9M$5.1M25xas long as short
gTrade (Gains Network) XAU/USD−0.038%L +0.0002% / S −0.0003%1h$266K250xas long as short
Phoenix GOLD−0.032%+0.0101%1h$43K$65K25xas long as short
Hotstuff GOLD-PERP−0.030%+0.0072%1h$33K25xas long as short
Kraken Futures PF_XAUUSD−0.024%+0.0252%1h$587K$109K25xas long as short
Show all 38 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Pacifica XAU−0.021%+0.0100%1h$1.4M$1.3M10xas long as short
Bitget XAUUSDT−0.010%+0.0232%4h$69.3M$106.2M100xas long as short
MEXC XAU_USDT−0.008%+0.0122%4h$377.6M$361.2M1000xas long as short
RISEx XAU/USDC−0.002%0.0000%1h$3.7M$12.9M25xas long as short
ApeX Omni XAUUSDTlong0.000%+0.0100%1h$273K$203K50x
Polymarket Perps GOLD-USD0.000%+0.0146%1h$4.2M$2.1M20xas long as short
Bullet GOLD-USD+0.004%+0.0103%1h$58K$78K10xas long as short
Bybit XAUUSDT+0.005%+0.0077%4h$82.9M$135.1M150xas long as short
OKX XAU-USDT-SWAP+0.012%+0.0237%8h$157.0M$263.8M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.016%+0.0234%1h$223K$991K25xas long as short
Binance XAUUSDT+0.016%+0.0122%4h$417.7M$2.05B100xas long as short
GMX GOLD/USD [ETH-USDC]+0.032%L +0.0375% / S −0.0194%1h$221K111xas long as short
Lighter XAU+0.033%+0.0080%1h$20.6M$44.6M25xas long as short
edgeX XAUUSDC+0.034%+0.0137%4h$30.3M$55.9M50xas long as short
QFEX GOLD-USD+0.035%+0.0044%1h$5.4M$2.1M20xas long as short
StandX XAU-USD+0.037%+0.0040%1h$3.8M$2.7M40xas long as short
Aevo XAU-PERP+0.040%+0.0112%1h$161K$8710xas long as short
Paradex XAU-USD-PERP+0.047%+0.0066%8h$19K$6K5xas long as short
Aster XAUUSD1+0.054%+0.0100%4h$69.4M$240.1M20xas long as short
Gate XAU_USDT+0.061%+0.0020%4h$273.3M$393.2M100xas long as short
Lighter RH XAU+0.075%+0.0128%1h$20.0M$41.3M25xas long as short
Variational Omni XAU+0.077%+0.0105%4h$48.1M$41.2Mas long as short
BloFin XAU-USDT+0.087%+0.0395%4h$15.0M$4.2M100xas long as short
Phemex XAUUSDT+0.106%+0.0246%4h$2.2M$1.0M100xas long as short
HTX XAU-USDT+0.110%+0.0270%4h$2.4M$2.4M75xas long as short
SunX XAU-USDT+0.128%0.0000%4h$92K$11.2M20xas long as short
Injective XAU/USDC PERPshort+0.155%+0.0033%1h$619$5452x
Vest GC-PERP+0.822%+0.0046%1h$974K25xas long as short