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+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.767%
Price spread now: ApeX Omni against Hotstuff+0.039%57s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.039% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,320.10.0056pay 0.0007% / 1h4m 06s$35K$3K25x
ShortApeX Omni XAUUSDT4,321.80.0100get 0.0013% / 1h4m 06s$287K$228K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hotstuff. 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
$9.24
Price spread: +0.039% → 0.000%
$3.91
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$1.85
Costs to cover
0.150%
Break-even
8.4 days
Slippage unknown: Hotstuff: no order-book sample; ApeX Omni: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell ApeX Omni live order book, 36 min ago4.80 bp21.6 bp −$2233.0 bp −$33044.1 bp −$4,412doesn't fit
Hotstuff: 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 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+0.012%$2.1M$4.8M25xas long as short
SunX XAU-USDT0.0000%4h4,327.6+0.173%$92K$5.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0002%1h4,320−0.003%$308K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.702%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,324.9+0.111%$3.9M$4.6M40xas long as short
QFEX GOLD-USD+0.0042%1h4,321.8+0.039%$6.7M$3.2M20xas long as short
Vest GC-PERP+0.0046%1h4,356.3+0.838%$919K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,320.7+0.014%$293.5M$47.2M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,319.7−0.010%$15.2M$61.2M25xas long as short
Aster XAUUSD1+0.0051%4h4,325.8+0.133%$70.4M$278.3M20xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,321.8+0.040%$2K$13K5xas long as short
Hotstuff GOLD-PERPlong+0.0056%1h4,320.1long leg$35K$3K25x
RISEx XAU/USDC+0.0062%1h4,323.3+0.073%$4.6M$13.2M25xas long as short
Variational Omni XAU+0.0075%4h4,323.9+0.089%$47.3M$27.4Mas long as short
Gate XAU_USDT+0.0080%4h4,325.4+0.122%$306.7M$447.1M100xas long as short
MEXC XAU_USDT+0.0080%4h4,323.9+0.088%$341.7M$363.5M1000xas long as short
Binance XAUUSDT+0.0082%4h4,324+0.091%$445.3M$2.43B100xas long as short
Lighter XAU+0.0088%1h4,323.1+0.070%$20.0M$31.0M25xas long as short
edgeX XAUUSDC+0.0089%4h4,320.7+0.015%$30.3M$67.1M50xas long as short
Pacifica XAU+0.0100%1h4,319.9−0.005%$1.4M$1.5M10xas long as short
GRVT XAU_USDT_Perp+0.0100%4h4,324.5+0.102%$1.4M$3.1M25xas long as short
ApeX Omni XAUUSDTshort+0.0100%1h4,321.8+0.039%$287K$228K50x
Bluefin GOLD-PERP+0.0100%1h4,318.1−0.046%$25K$1K20xas long as short
Aevo XAU-PERP+0.0104%1h4,322.4+0.054%$160K$8710xas long as short
Phoenix GOLD+0.0124%1h4,321.1+0.023%$43K$71K25xas long as short
Phemex XAUUSDT+0.0135%4h4,326.4+0.145%$2.3M$728K100xas long as short
Lighter RH XAU+0.0144%1h4,325.9+0.135%$19.6M$40.0M25xas long as short
Bybit XAUUSDT+0.0151%4h4,326.1+0.139%$84.4M$168.1M150xas long as short
Extended XAU-USD+0.0152%1h4,319.6−0.011%$12.6M$33.9M25xas long as short
Kalshi KXGOLDPERP+0.0155%24h4,323.8+0.086%$3.5M$52.2M15xas long as short
Kraken Futures PF_XAUUSD+0.0197%1h4,320.4+0.007%$583K$169K25xas long as short
Bitget XAUUSDT+0.0214%4h4,325.4+0.123%$73.4M$142.3M100xas long as short
Bullet GOLD-USD+0.0218%1h4,323.8+0.086%$60K$77K10xas long as short
Polymarket Perps GOLD-USD+0.0223%1h4,323.5+0.079%$4.3M$1.7M20xas long as short
OKX XAU-USDT-SWAP+0.0230%8h4,326.7+0.153%$171.8M$362.4M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0236%1h4,322.2+0.049%$135K$658K25xas long as short
BloFin XAU-USDT+0.0322%4h4,324.6+0.105%$16.5M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0426% / S −0.0259%1h4,324.1+0.093%$253K111xas long as short
HTX XAU-USDT+0.0981%4h4,328+0.182%$3.2M$7.2M75xas long as short