XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: ApeX Omni against gTrade (Gains Network)+0.010%53s7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2982.977% of the position

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.098%+$10 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.010%, 7d avg +0.050%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.040% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.050%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAU/USD	4,343	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	33m 39s	$271K	—	250x
Short	ApeX Omni XAUUSDT	4,343.5	0.0100	get 0.0013% / 1h	33m 39s	$274K	$203K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee ApeX OmnibpOrdersPrice spread, now +0.010%Rate

Funding earned: $20.51
Price spread: +0.010% → +0.050%: −$3.98
Slippage, 4 orders: −$280.71
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$281.17
Costs to cover: 2.977%
Break-even: 102.9 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 55 min ago; ApeX Omni: live order book, 24 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 gTrade (Gains Network) virtual book (oracle venue), 55 min ago	130.01 bp	133.5 bp −$134	196.7 bp −$1,967	1352.9 bp −$135.3K	5907.8 bp −$2.95M
Sell ApeX Omni live order book, 24 min ago	4.01 bp	13.7 bp −$14	28.3 bp −$283	37.6 bp −$3,757	doesn't fit

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	4,347.6	+0.105%	$3.4M	$12.3M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,351.3	+0.190%	$92K	$9.0M	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,343	long leg	$271K	—	250x
Gate XAU_USDT	+0.0006%	4h	4,348.5	+0.127%	$267.7M	$412.1M	100x	as long as short
Lighter XAU	+0.0032%	1h	4,346.4	+0.079%	$20.8M	$37.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,343.8	+0.019%	$13.3M	$38.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.171%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,348.6	+0.129%	$20.1M	$39.2M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,347.3	+0.099%	$3.8M	$4.6M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,347.4	+0.101%	$5.7M	$2.0M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXGOLDPERP	+0.0045%	24h	4,345.7	+0.062%	$4.2M	$37.2M	15x	as long as short
Vest GC-PERP	+0.0046%	1h	4,379.8	+0.847%	—	$1.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,343.1	+0.002%	$2.0M	$4.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344.3	+0.030%	$293.7M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,344.4	+0.032%	$15.1M	$56.8M	25x	as long as short
Aster XAUUSD1	+0.0064%	4h	4,348.4	+0.123%	$71.0M	$333.7M	20x	as long as short
Variational Omni XAU	+0.0080%	4h	4,346.7	+0.085%	$48.5M	$27.8M	—	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,347.8	+0.111%	$19K	$5K	5x	as long as short
GRVT XAU_USDT_Perp	+0.0086%	4h	4,346.6	+0.084%	$1.4M	$2.9M	25x	as long as short
MEXC XAU_USDT	+0.0092%	4h	4,347.8	+0.110%	$372.8M	$317.6M	1000x	as long as short
Binance XAUUSDT	+0.0093%	4h	4,347.8	+0.111%	$414.0M	$2.09B	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,343.8	+0.018%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDTshort	+0.0100%	1h	4,343.5	+0.010%	$274K	$203K	50x
Aevo XAU-PERP	+0.0104%	1h	4,346.3	+0.075%	$161K	$87	10x	as long as short
edgeX XAUUSDC	+0.0110%	4h	4,341.5	−0.036%	$30.2M	$58.3M	50x	as long as short
Phoenix GOLD	+0.0142%	1h	4,347.3	+0.099%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0144%	1h	4,344.4	+0.032%	$33K	—	25x	as long as short
Polymarket Perps GOLD-USD	+0.0151%	1h	4,346.6	+0.083%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,344	+0.023%	$592K	$132K	25x	as long as short
Bullet GOLD-USD	+0.0199%	1h	4,346.9	+0.090%	$59K	$82K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0210%	1h	4,345.4	+0.055%	$243K	$789K	25x	as long as short
Phemex XAUUSDT	+0.0217%	4h	4,349.8	+0.157%	$2.2M	$967K	100x	as long as short
Bluefin GOLD-PERP	+0.0227%	1h	4,340.1	−0.067%	$25K	$14K	20x	as long as short
Bitget XAUUSDT	+0.0234%	4h	4,348.1	+0.116%	$70.0M	$109.2M	100x	as long as short
Bybit XAUUSDT	+0.0240%	4h	4,349.2	+0.143%	$85.0M	$144.8M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0285%	8h	4,348.8	+0.133%	$165.6M	$281.8M	100x	as long as short
BloFin XAU-USDT	+0.0344%	4h	4,346.1	+0.072%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0413% / S −0.0231%	1h	4,347.2	+0.097%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0625%	4h	4,351.6	+0.198%	$2.9M	$4.3M	75x	as long as short