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−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni+0.018%112s7-day average −0.079% · 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 7 days−0.108%−$11 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.018%, 7d avg −0.079%
Together, before fees−0.164%+ Points / potential airdropOndo Perps: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.097% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.079%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAUUSDT4,343.30.0100pay 0.0013% / 1h9m 39s$274K$203K50x
ShortOndo Perps XAU-USD.P4,3440.0050get 0.0006% / 1h9m 39s$15.1M$56.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$10.42
Price spread: +0.018% → −0.079%
$9.72
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$15.69
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 48 min ago; Ondo Perps: 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, 48 min ago4.01 bp17.0 bp −$1729.6 bp −$296doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
RISEx XAU/USDC0.0000%1h4,346.4+0.071%$3.4M$12.3M25xas long as short
Hotstuff GOLD-PERP0.0000%1h4,342.7−0.013%$33K25xas long as short
Gate XAU_USDT0.0000%4h4,349.5+0.144%$266.5M$417.5M100xas long as short
SunX XAU-USDT0.0000%4h4,351.3+0.184%$92K$8.9M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,343.1−0.003%$272K250xas long as short
Lighter XAU+0.0032%1h4,346.7+0.078%$20.8M$38.2M25xas long as short
Extended XAU-USD+0.0032%1h4,343.6+0.008%$13.2M$38.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.165%$619$5452xas long as short
Lighter RH XAU+0.0040%1h4,348.7+0.125%$20.1M$39.4M25xas long as short
StandX XAU-USD+0.0040%1h4,347.4+0.095%$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+0.065%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,379.5+0.834%$1.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,343.7+0.010%$2.0M$4.8M25xas long as short
Kalshi KXGOLDPERP+0.0049%24h4,345.3+0.047%$4.2M$37.4M15xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,344.8+0.035%$293.9M$48.8M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,344+0.018%$15.1M$56.9M25x
Aster XAUUSD1+0.0063%4h4,349+0.131%$71.4M$333.1M20xas long as short
Variational Omni XAU+0.0076%4h4,345.3+0.047%$48.4M$28.2Mas long as short
Paradex XAU-USD-PERP+0.0080%8h4,347.5+0.097%$19K$5K5xas long as short
GRVT XAU_USDT_Perp+0.0086%4h4,346.5+0.074%$1.4M$2.9M25xas long as short
MEXC XAU_USDT+0.0088%4h4,347.9+0.106%$372.8M$320.5M1000xas long as short
Binance XAUUSDT+0.0090%4h4,347.8+0.105%$413.9M$2.10B100xas long as short
edgeX XAUUSDC+0.0099%4h4,343.2−0.002%$30.2M$58.3M50xas long as short
Pacifica XAU+0.0100%1h4,343.7+0.010%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDTlong+0.0100%1h4,343.3long leg$274K$203K50x
Bluefin GOLD-PERP+0.0100%1h4,340.4−0.066%$25K$14K20xas long as short
Aevo XAU-PERP+0.0104%1h4,346.3+0.070%$161K$8710xas long as short
Phoenix GOLD+0.0142%1h4,344.7+0.033%$47K$77K25xas long as short
Polymarket Perps GOLD-USD+0.0164%1h4,346.9+0.084%$4.3M$2.0M20xas long as short
Bullet GOLD-USD+0.0187%1h4,347+0.086%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0194%1h4,344+0.018%$592K$132K25xas long as short
Phemex XAUUSDT+0.0232%4h4,349.4+0.141%$2.2M$967K100xas long as short
Bitget XAUUSDT+0.0234%4h4,348.5+0.121%$70.1M$109.2M100xas long as short
Bybit XAUUSDT+0.0240%4h4,349.2+0.137%$85.1M$145.4M150xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0256%1h4,345.7+0.056%$206K$825K25xas long as short
OKX XAU-USDT-SWAP+0.0298%8h4,348.9+0.130%$165.3M$282.0M100xas long as short
BloFin XAU-USDT+0.0329%4h4,346.1+0.065%$15.6M$4.5M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0418% / S −0.0239%1h4,347.3+0.093%$248K111xas long as short
HTX XAU-USDT+0.0619%4h4,351.3+0.185%$2.8M$4.6M75xas long as short