After costs, if the gap returns to its 7d average, $10k−$79
spread now−0.087%7d average−0.050%fees + slippage, in and out−$75spread needed0.750%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XAUUSDT | 4,340.6 | 0.0100 | pay 0.0013% / 1h | 18m 38s | $272K | $203K | 50x |
| Short | tradeXYZ xyz:GOLD | 4,336.8 | 0.0050 | get 0.0006% / 1h | 18m 38s | $293.6M | $53.2M | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$8.73
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$47
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$85.23
- Spread needed to break even
- 0.750%
Slippage from ApeX Omni: live order book, 35 min ago; tradeXYZ: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 35 min ago | 3.88 bp | 25.1 bp −$25 | 27.7 bp −$277 | 36.1 bp −$3,611 | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.12 bp | 9.1 bp −$9 | 9.6 bp −$96 | 12.1 bp −$1,214 | doesn't fit |
XAU price on every exchange
against the cheapest. Click to use as the short leg.XAU on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.164% | +0.3767% | 1h | $26K | $23K | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.111% | L +0.0002% / S −0.0001% | 1h | $186K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | −0.103% | +0.0072% | 1h | $33K | — | 25x | as long as short |
| Extended XAU-USD | −0.091% | +0.0072% | 1h | $13.3M | $52.8M | 25x | as long as short |
| tradeXYZ xyz:GOLDshort | −0.087% | +0.0050% | 1h | $293.6M | $53.2M | 25x | |
| Phoenix GOLD | −0.085% | +0.0123% | 1h | $52K | $53K | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.067% | +0.0120% | 1h | $2.0M | $4.7M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.054% | +0.0274% | 1h | $587K | $104K | 25x | as long as short |
| Pacifica XAU | −0.053% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Kalshi KXGOLDPERP | −0.048% | +0.0168% | 24h | $4.0M | $22.4M | 15x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX XAUUSDC | −0.032% | +0.0163% | 4h | $30.2M | $48.2M | 50x | as long as short |
| QFEX GOLD-USD | −0.025% | +0.0040% | 1h | $5.4M | $2.2M | 20x | as long as short |
| Aevo XAU-PERP | −0.021% | +0.0120% | 1h | $161K | $43 | 10x | as long as short |
| Variational Omni XAU | −0.020% | +0.0140% | 4h | $47.1M | $43.1M | — | as long as short |
| Ondo Perps XAU-USD.P | −0.014% | +0.0050% | 1h | $14.7M | $40.4M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | −0.011% | +0.0303% | 1h | $201K | $910K | 25x | as long as short |
| Lighter XAU | −0.010% | +0.0088% | 1h | $20.6M | $43.0M | 25x | as long as short |
| BloFin XAU-USDT | −0.006% | +0.0397% | 4h | $15.0M | $4.2M | 100x | as long as short |
| Paradex XAU-USD-PERP | −0.003% | +0.0069% | 8h | $19K | $6K | 5x | as long as short |
| ApeX Omni XAUUSDTlong | 0.000% | +0.0100% | 1h | $272K | $203K | 50x | |
| Bullet GOLD-USD | +0.003% | +0.0231% | 1h | $58K | $78K | 10x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.003% | L +0.0353% / S −0.0167% | 1h | $219K | — | 111x | as long as short |
| Aster XAUUSD1 | +0.013% | +0.0157% | 4h | $68.3M | $159.0M | 20x | as long as short |
| Binance XAUUSDT | +0.014% | +0.0159% | 4h | $443.1M | $1.79B | 100x | as long as short |
| StandX XAU-USD | +0.014% | +0.0040% | 1h | $3.8M | $1.4M | 40x | as long as short |
| Polymarket Perps GOLD-USD | +0.019% | +0.0305% | 1h | $4.1M | $1.8M | 20x | as long as short |
| MEXC XAU_USDT | +0.021% | +0.0156% | 4h | $372.3M | $363.8M | 1000x | as long as short |
| OKX XAU-USDT-SWAP | +0.030% | +0.0265% | 8h | $156.8M | $241.8M | 100x | as long as short |
| Lighter RH XAU | +0.035% | +0.0088% | 1h | $19.6M | $38.9M | 25x | as long as short |
| Bybit XAUUSDT | +0.041% | +0.0102% | 4h | $81.6M | $123.8M | 150x | as long as short |
| Bitget XAUUSDT | +0.049% | +0.0262% | 4h | $66.7M | $86.9M | 100x | as long as short |
| Phemex XAUUSDT | +0.060% | +0.0248% | 4h | $2.2M | $974K | 100x | as long as short |
| RISEx XAU/USDC | +0.064% | 0.0000% | 1h | $3.8M | $10.9M | 25x | as long as short |
| HTX XAU-USDT | +0.075% | +0.0404% | 4h | $2.4M | $1.8M | 75x | as long as short |
| Gate XAU_USDT | +0.090% | +0.0062% | 4h | $262.0M | $343.9M | 100x | as long as short |
| SunX XAU-USDT | +0.114% | 0.0000% | 4h | $92K | $10.3M | 20x | as long as short |
| Injective XAU/USDC PERP | +0.226% | +0.0033% | 1h | $619 | $146K | 52x | as long as short |
| Vest GC-PERP | +0.767% | +0.0046% | 1h | — | $631K | 25x | as long as short |
ApeX Omni XAUUSDT
tradeXYZ xyz:GOLD
Bluefin
gTrade (Gains Network)
Extended
Phoenix
Coinbase International
Kraken Futures
Pacifica
Variational Omni
Deribit
Lighter
BloFin
Paradex
Bullet
GMX
Aster
Binance
StandX
Polymarket Perps
MEXC
OKX
Lighter RH
Bybit
Bitget
Phemex
RISEx
HTX
Gate
SunX
Injective