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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0060%/8h= −6.6% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: StandX against ApeX Omni+0.085%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.518% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.088%−$9 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.085%, 7d avg +0.056%
Together, before fees−0.117%+ Points / potential airdropStandX: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.029% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.056%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XAUUSDT4,321.20.0100pay 0.0013% / 1h7m 25s$287K$228K50x
ShortStandX XAU-USD4,324.90.0040get 0.0005% / 1h7m 25s$3.9M$4.6M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$12.6
Price spread: +0.085% → +0.056%
$2.86
Slippage, 4 orders
−$33.78
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$61.53
Costs to cover
0.518%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 33 min ago; StandX: live order book, 5 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 ApeX Omni live order book, 33 min ago4.80 bp13.8 bp −$1426.4 bp −$26436.1 bp −$3,606doesn't fit
Sell StandX live order book, 5 min ago2.43 bp9.9 bp −$1010.1 bp −$10111.0 bp −$1,10212.1 bp −$6,074

XAU on 39 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOLD-PERP-INTX−0.0032%1h4,320.6−0.015%$2.1M$4.8M25xas long as short
SunX XAU-USDT0.0000%4h4,328.3+0.164%$92K$5.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,320.2−0.024%$308K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.676%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,324.9+0.085%$3.9M$4.6M40x
QFEX GOLD-USD+0.0042%1h4,322+0.018%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,356.3+0.812%$919K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,320.6−0.015%$293.5M$47.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,319.6−0.037%$15.2M$61.3M25xas long as short
Aster XAUUSD1+0.0051%4h4,324.5+0.076%$70.4M$278.2M20xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0056%8h4,322.2+0.023%$2K$13K5xas long as short
RISEx XAU/USDC+0.0062%1h4,323.6+0.055%$4.6M$13.2M25xas long as short
Variational Omni XAU+0.0076%4h4,323.5+0.052%$47.3M$27.6Mas long as short
Hotstuff GOLD-PERP+0.0080%1h4,321.9+0.016%$35K$3K25xas long as short
Gate XAU_USDT+0.0080%4h4,324.7+0.081%$306.7M$446.5M100xas long as short
Binance XAUUSDT+0.0082%4h4,323.1+0.044%$445.2M$2.43B100xas long as short
MEXC XAU_USDT+0.0082%4h4,323.5+0.053%$343.6M$362.9M1000xas long as short
Lighter XAU+0.0088%1h4,322.3+0.024%$20.0M$31.0M25xas long as short
edgeX XAUUSDC+0.0089%4h4,320.7−0.011%$30.3M$67.1M50xas long as short
Pacifica XAU+0.0100%1h4,320.7−0.012%$1.4M$1.5M10xas long as short
GRVT XAU_USDT_Perp+0.0100%4h4,324.7+0.081%$1.4M$3.1M25xas long as short
ApeX Omni XAUUSDTlong+0.0100%1h4,321.2long leg$287K$228K50x
Bluefin GOLD-PERP+0.0100%1h4,319.2−0.046%$25K$1K20xas long as short
Aevo XAU-PERP+0.0104%1h4,323.3+0.049%$160K$8710xas long as short
Phoenix GOLD+0.0124%1h4,321.1−0.003%$43K$71K25xas long as short
Phemex XAUUSDT+0.0129%4h4,325.7+0.103%$2.3M$736K100xas long as short
Lighter RH XAU+0.0144%1h4,324.9+0.085%$19.6M$40.0M25xas long as short
Kalshi KXGOLDPERP+0.0154%24h4,325.6+0.101%$3.5M$52.2M15xas long as short
Bybit XAUUSDT+0.0156%4h4,324.4+0.072%$84.4M$169.3M150xas long as short
Extended XAU-USD+0.0160%1h4,319−0.052%$12.6M$34.2M25xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,321.2−0.001%$583K$169K25xas long as short
Bitget XAUUSDT+0.0212%4h4,323.7+0.056%$73.3M$142.5M100xas long as short
Bullet GOLD-USD+0.0220%1h4,323.6+0.056%$60K$77K10xas long as short
Polymarket Perps GOLD-USD+0.0220%1h4,323.8+0.059%$4.3M$1.7M20xas long as short
OKX XAU-USDT-SWAP+0.0230%8h4,323.7+0.057%$171.7M$362.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0259%1h4,322.4+0.027%$135K$658K25xas long as short
BloFin XAU-USDT+0.0322%4h4,324.9+0.084%$16.5M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0259%1h4,324.4+0.074%$253K111xas long as short
HTX XAU-USDT+0.0996%4h4,329+0.179%$3.2M$7.1M75xas long as short