Funding you earn now, next payment 11:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.007%
Price spread now: ApeX Omni against Coinbase International+0.115%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days−0.340%−$34 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.115%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and ApeX Omni is 0.061% dearer against Coinbase International than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.340%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOLD-PERP-INTX | 4,319.5 | −0.0032 | get 0.0004% / 1h | 55m 31s | $2.1M | $5.0M | 25x |
| Short | ApeX Omni XAUUSDT | 4,324.5 | 0.0100 | get 0.0013% / 1h | 55m 31s | $287K | $227K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- $27.72
- Price spread: +0.115% → +0.054%
- $6.06
- Slippage, 4 orders
- −$22.26
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$8.48
- Costs to cover
- 0.423%
- Break-even
- 9.1 days
Slippage from Coinbase International: live order book, 1 min ago; ApeX Omni: live order book, 50 min ago.
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 Coinbase International live order book, 1 min ago | 0.58 bp | 5.6 bp −$6 | 8.0 bp −$80 | 40.7 bp −$4,069 | doesn't fit |
| Sell ApeX Omni live order book, 50 min ago | 5.72 bp | 16.1 bp −$16 | 31.7 bp −$317 | 153.1 bp −$15.3K | doesn't fit |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −0.0096% | 1h | 4,321.9 | +0.056% | $35K | $3K | 25x | as long as short |
| Coinbase International GOLD-PERP-INTXlong | −0.0032% | 1h | 4,319.5 | long leg | $2.1M | $5.0M | 25x | |
| SunX XAU-USDT | 0.0000% | 4h | 4,327.9 | +0.194% | $92K | $5.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0002% | 1h | 4,318.7 | −0.018% | $307K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.716% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,324.3 | +0.111% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,321.6 | +0.049% | $6.7M | $3.3M | 20x | as long as short |
| Aster XAUUSD1 | +0.0043% | 4h | 4,324.4 | +0.114% | $71.4M | $276.6M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,356.8 | +0.864% | — | $1.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,318.9 | −0.013% | $15.2M | $59.2M | 25x | as long as short |
Show all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0055% | 8h | 4,322.2 | +0.062% | $2K | $13K | 5x | as long as short |
| RISEx XAU/USDC | +0.0062% | 1h | 4,323.1 | +0.083% | $4.6M | $13.3M | 25x | as long as short |
| Variational Omni XAU | +0.0065% | 4h | 4,322.2 | +0.063% | $47.1M | $28.0M | — | as long as short |
| Gate XAU_USDT | +0.0068% | 4h | 4,324.8 | +0.123% | $299.3M | $431.7M | 100x | as long as short |
| MEXC XAU_USDT | +0.0082% | 4h | 4,322.9 | +0.079% | $362.4M | $348.0M | 1000x | as long as short |
| tradeXYZ xyz:GOLD | +0.0082% | 1h | 4,320.7 | +0.028% | $291.9M | $51.9M | 25x | as long as short |
| edgeX XAUUSDC | +0.0082% | 4h | 4,321.6 | +0.048% | $30.2M | $66.3M | 50x | as long as short |
| Binance XAUUSDT | +0.0083% | 4h | 4,323 | +0.082% | $440.7M | $2.42B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0092% | 4h | 4,325.9 | +0.147% | $1.4M | $3.1M | 25x | as long as short |
| Lighter XAU | +0.0096% | 1h | 4,322.3 | +0.064% | $20.1M | $29.9M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,320.2 | +0.016% | $1.4M | $1.4M | 10x | as long as short |
| ApeX Omni XAUUSDTshort | +0.0100% | 1h | 4,324.5 | +0.115% | $287K | $227K | 50x | |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,318.3 | −0.027% | $25K | $1K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.2 | +0.061% | $160K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,324.1 | +0.106% | $43K | $71K | 25x | as long as short |
| Lighter RH XAU | +0.0144% | 1h | 4,324.8 | +0.122% | $19.5M | $38.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0145% | 24h | 4,324.6 | +0.118% | $3.5M | $51.5M | 15x | as long as short |
| Bybit XAUUSDT | +0.0154% | 4h | 4,324.1 | +0.106% | $82.9M | $166.9M | 150x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0197% | 1h | 4,320.4 | +0.021% | $582K | $166K | 25x | as long as short |
| Extended XAU-USD | +0.0200% | 1h | 4,318.6 | −0.022% | $12.5M | $34.1M | 25x | as long as short |
| Bitget XAUUSDT | +0.0200% | 4h | 4,323.5 | +0.093% | $73.0M | $140.1M | 100x | as long as short |
| Phemex XAUUSDT | +0.0209% | 4h | 4,326.6 | +0.164% | $2.3M | $733K | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0213% | 1h | 4,321.3 | +0.042% | $135K | $659K | 25x | as long as short |
| Bullet GOLD-USD | +0.0219% | 1h | 4,323.7 | +0.097% | $59K | $77K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0223% | 1h | 4,323.6 | +0.095% | $4.3M | $1.7M | 20x | as long as short |
| OKX XAU-USDT-SWAP | +0.0226% | 8h | 4,323.5 | +0.093% | $170.9M | $361.4M | 100x | as long as short |
| BloFin XAU-USDT | +0.0321% | 4h | 4,325.5 | +0.139% | $16.5M | $5.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0426% / S −0.0258% | 1h | 4,323.3 | +0.089% | $253K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1028% | 4h | 4,331.5 | +0.277% | $3.2M | $7.1M | 75x | as long as short |
Coinbase International GOLD-PERP-INTX
ApeX Omni XAUUSDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
Aster XAUUSD1
Paradex XAU-USD-PERP
RISEx XAU/USDC
Variational Omni XAU
Gate XAU_USDT
MEXC XAU_USDT
tradeXYZ xyz:GOLD
edgeX XAUUSDC
Binance XAUUSDT
GRVT XAU_USDT_Perp
Lighter XAU
Pacifica XAU
Bluefin GOLD-PERP
Phoenix GOLD
Lighter RH XAU
Kalshi KXGOLDPERP
Bybit XAUUSDT
Kraken Futures PF_XAUUSD
Extended XAU-USD
Bitget XAUUSDT
Phemex XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Polymarket Perps GOLD-USD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT