Spread before costs (cost unknown: a leg has no order-book sample)−0.013%
7d average—if it closes, per $10,000$1funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | pay 0.0004% / 1h | 19m 08s | $619 | $54 | 52x |
| Short | ApeX Omni XAUUSDT | 4,349.9 | 0.0100 | get 0.0013% / 1h | 19m 08s | $273K | $203K | 50x |
Injective XAU/USDC PERP
ApeX Omni XAUUSDTPrice 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
- −$1.31
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$9.33
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 15 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 15 min ago | 5.19 bp | 15.3 bp −$15 | 27.6 bp −$276 | 38.7 bp −$3,869 | doesn't fit |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.Bluefin4,345.7cheapestOndo Perps4,346.6+0.021%Kalshi4,347.5+0.042%Extended4,347.6+0.044%gTrade (Gains Network)4,347.6+0.045%edgeX4,348+0.053%Hotstuff4,348.5+0.065%Kraken Futures4,348.7+0.070%tradeXYZ4,348.8+0.072%Phoenix4,348.8+0.072%Pacifica4,348.9+0.074%Coinbase International4,349.2+0.081%
Bluefin
Ondo Perps
Extended
gTrade (Gains Network)
Hotstuff
Kraken Futures
tradeXYZ
Phoenix
Pacifica
Coinbase InternationalApeX Omni4,349.9+0.096%
Deribit4,350.2+0.104%
DeribitInjective4,350.4+0.109%
Lighter4,350.6+0.113%RISEx4,350.7+0.117%BloFin4,350.9+0.120%Binance4,350.9+0.120%Bullet4,351+0.122%MEXC4,351+0.122%GMX4,351+0.123%Variational Omni4,351+0.124%Aevo4,351.1+0.125%Bitget4,351.1+0.125%QFEX4,351.2+0.127%Paradex4,351.4+0.131%StandX4,351.4+0.132%Polymarket Perps4,351.6+0.136%Aster4,351.6+0.137%Bybit4,351.9+0.143%OKX4,352+0.146%Gate4,352.5+0.158%Lighter RH4,353.8+0.187%HTX4,353.9+0.189%Phemex4,354.3+0.199%SunX4,355.3+0.221%Vest4,386.1+0.930%
Lighter
RISEx
BloFin
Binance
Bullet
MEXC
GMX
Variational Omni
Aevo
Bitget
QFEX
Paradex
StandX
Polymarket Perps
Aster
Bybit
OKX
Gate
Lighter RH
HTX
Phemex
SunX
VestXAU on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.109% | −0.0077% | 1h | $26K | $21K | 20x | as long as short |
| Ondo Perps XAU-USD.P | −0.088% | +0.0050% | 1h | $14.8M | $48.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | −0.067% | +0.0041% | 24h | $4.1M | $30.6M | 15x | as long as short |
| Extended XAU-USD | −0.066% | +0.0160% | 1h | $13.3M | $51.0M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | −0.065% | L +0.0002% / S −0.0003% | 1h | $267K | — | 250x | as long as short |
| edgeX XAUUSDC | −0.056% | +0.0139% | 4h | $30.3M | $56.2M | 50x | as long as short |
| Hotstuff GOLD-PERP | −0.044% | +0.0024% | 1h | $33K | — | 25x | as long as short |
| Kraken Futures PF_XAUUSD | −0.039% | +0.0310% | 1h | $588K | $108K | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.037% | +0.0050% | 1h | $294.4M | $61.2M | 25x | as long as short |
| Phoenix GOLD | −0.037% | +0.0088% | 1h | $43K | $65K | 25x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica XAU | −0.035% | +0.0100% | 1h | $1.4M | $1.3M | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | −0.028% | +0.0064% | 1h | $2.0M | $5.2M | 25x | as long as short |
| ApeX Omni XAUUSDTshort | −0.013% | +0.0100% | 1h | $273K | $203K | 50x | |
| Deribit GOLD_USDC-PERPETUAL | −0.005% | +0.0279% | 1h | $223K | $963K | 25x | as long as short |
| Injective XAU/USDC PERPlong | 0.000% | +0.0033% | 1h | $619 | $54 | 52x | |
| Lighter XAU | +0.003% | +0.0088% | 1h | $20.8M | $45.7M | 25x | as long as short |
| RISEx XAU/USDC | +0.008% | 0.0000% | 1h | $3.5M | $12.1M | 25x | as long as short |
| BloFin XAU-USDT | +0.010% | +0.0371% | 4h | $14.9M | $4.1M | 100x | as long as short |
| Binance XAUUSDT | +0.011% | +0.0131% | 4h | $414.2M | $2.04B | 100x | as long as short |
| Bullet GOLD-USD | +0.012% | +0.0106% | 1h | $58K | $77K | 10x | as long as short |
| MEXC XAU_USDT | +0.013% | +0.0130% | 4h | $385.4M | $331.4M | 1000x | as long as short |
| GMX GOLD/USD [ETH-USDC] | +0.013% | L +0.0440% / S −0.0264% | 1h | $251K | — | 111x | as long as short |
| Variational Omni XAU | +0.014% | +0.0121% | 4h | $47.7M | $34.7M | — | as long as short |
| Aevo XAU-PERP | +0.015% | +0.0112% | 1h | $161K | $87 | 10x | as long as short |
| Bitget XAUUSDT | +0.016% | +0.0258% | 4h | $69.3M | $108.4M | 100x | as long as short |
| QFEX GOLD-USD | +0.018% | +0.0049% | 1h | $5.4M | $2.1M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.022% | +0.0073% | 8h | $19K | $6K | 5x | as long as short |
| StandX XAU-USD | +0.023% | +0.0040% | 1h | $3.8M | $4.1M | 40x | as long as short |
| Polymarket Perps GOLD-USD | +0.027% | +0.0201% | 1h | $4.4M | $2.3M | 20x | as long as short |
| Aster XAUUSD1 | +0.028% | +0.0143% | 4h | $70.0M | $239.9M | 20x | as long as short |
| Bybit XAUUSDT | +0.034% | +0.0124% | 4h | $83.6M | $138.7M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.036% | +0.0276% | 8h | $156.4M | $263.6M | 100x | as long as short |
| Gate XAU_USDT | +0.049% | +0.0038% | 4h | $274.8M | $402.2M | 100x | as long as short |
| Lighter RH XAU | +0.077% | +0.0160% | 1h | $20.2M | $44.7M | 25x | as long as short |
| HTX XAU-USDT | +0.080% | +0.0286% | 4h | $2.9M | $3.3M | 75x | as long as short |
| Phemex XAUUSDT | +0.090% | +0.0302% | 4h | $2.2M | $1.1M | 100x | as long as short |
| SunX XAU-USDT | +0.111% | 0.0000% | 4h | $93K | $11.0M | 20x | as long as short |
| Vest GC-PERP | +0.820% | +0.0046% | 1h | — | $995K | 25x | as long as short |