Funding you earn now, next payment 04:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.015%
Price spread now: ApeX Omni against Bullet−0.064%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.064% cheaper against Bullet than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet GOLD-USD | 4,346 | 0.0186 | pay 0.0023% / 1h | 10m 57s | $59K | $82K | 10x |
| Short | ApeX Omni XAUUSDT | 4,343.3 | 0.0100 | get 0.0013% / 1h | 10m 57s | $274K | $203K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bullet. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.12
- Price spread: −0.064% → 0.000%
- −$6.41
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$42.52
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; ApeX Omni: live order book, 46 min ago. Net counts fees only.
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 Bullet no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 46 min ago | 4.01 bp | 13.7 bp −$14 | 28.3 bp −$283 | 37.6 bp −$3,757 | doesn't fit |
Bullet: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,345.6 | −0.011% | $3.4M | $12.3M | 25x | as long as short |
| Hotstuff GOLD-PERP | 0.0000% | 1h | 4,342.7 | −0.077% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,348.4 | +0.054% | $265.9M | $417.3M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,350.4 | +0.100% | $92K | $8.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,342.3 | −0.087% | $272K | — | 250x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,345.8 | −0.006% | $20.8M | $38.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,342.9 | −0.073% | $13.2M | $38.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.101% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,347.9 | +0.042% | $20.1M | $39.4M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,346.8 | +0.017% | $3.8M | $4.5M | 40x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0041% | 1h | 4,345.6 | −0.010% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,378.6 | +0.749% | — | $1.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.7 | −0.054% | $2.0M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0049% | 24h | 4,343.8 | −0.052% | $4.2M | $37.4M | 15x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344 | −0.047% | $293.8M | $49.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,342.3 | −0.087% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,348 | +0.045% | $71.3M | $333.2M | 20x | as long as short |
| Variational Omni XAU | +0.0076% | 4h | 4,345.3 | −0.018% | $48.4M | $28.2M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,345.4 | −0.016% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0086% | 4h | 4,346.5 | +0.010% | $1.4M | $2.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0088% | 4h | 4,347 | +0.022% | $372.0M | $320.4M | 1000x | as long as short |
| Binance XAUUSDT | +0.0089% | 4h | 4,347 | +0.022% | $413.8M | $2.10B | 100x | as long as short |
| edgeX XAUUSDC | +0.0099% | 4h | 4,343.2 | −0.066% | $30.2M | $58.3M | 50x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,342.5 | −0.082% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDTshort | +0.0100% | 1h | 4,343.3 | −0.064% | $274K | $203K | 50x | |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,340.6 | −0.125% | $25K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,345.2 | −0.019% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,344.7 | −0.031% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0162% | 1h | 4,345.8 | −0.006% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USDlong | +0.0186% | 1h | 4,346 | long leg | $59K | $82K | 10x | |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,343.7 | −0.055% | $592K | $132K | 25x | as long as short |
| Bitget XAUUSDT | +0.0232% | 4h | 4,347.6 | +0.036% | $70.1M | $109.2M | 100x | as long as short |
| Phemex XAUUSDT | +0.0235% | 4h | 4,350.4 | +0.101% | $2.2M | $967K | 100x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,348.4 | +0.053% | $85.1M | $145.4M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0257% | 1h | 4,345.1 | −0.022% | $206K | $825K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0297% | 8h | 4,348.2 | +0.050% | $165.3M | $282.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0329% | 4h | 4,346.1 | +0.001% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0418% / S −0.0239% | 1h | 4,346.3 | +0.007% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0620% | 4h | 4,351.3 | +0.121% | $2.8M | $4.6M | 75x | as long as short |
Bullet GOLD-USD
ApeX Omni XAUUSDT
RISEx XAU/USDC
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
tradeXYZ xyz:GOLD
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Pacifica XAU
Bluefin GOLD-PERP
Phoenix GOLD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Phemex XAUUSDT
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT