XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%

Price spread now: ApeX Omni against QFEX+0.058%56s7-day average −0.028% · 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−$480.477% of the position

Long on QFEX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.083%+$8 on $10k

Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.058%, 7d avg −0.028%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.087% dearer against QFEX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.028%. The two prices were read 56 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	QFEX GOLD-USD	4,348.1	0.0046	pay 0.0006% / 1h	49m 44s	$5.6M	$1.9M	20x
Short	ApeX Omni XAUUSDT	4,350.6	0.0100	get 0.0013% / 1h	49m 44s	$275K	$203K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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 QFEXbpFee ApeX OmnibpOrdersPrice spread, now +0.058%Rate

Funding earned: $11.34
Price spread: +0.058% → −0.028%: $8.67
Slippage, 4 orders: −$27.74
Fee QFEX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$27.74
Costs to cover: 0.477%
Break-even: 24.1 days

Slippage from QFEX: live order book, 4 min ago; ApeX Omni: live order book, 12 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 QFEX live order book, 4 min ago	0.92 bp	5.9 bp −$6	5.9 bp −$59	8.9 bp −$887	doesn't fit
Sell ApeX Omni live order book, 12 min ago	4.79 bp	19.9 bp −$20	34.7 bp −$347	44.0 bp −$4,399	doesn't fit

XAU on 38 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
Bluefin GOLD-PERP	−0.0084%	1h	4,342.4	−0.131%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	−0.0032%	1h	4,345.5	−0.060%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,349.3	+0.027%	$264.2M	$406.0M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,352.7	+0.106%	$92K	$9.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,343.7	−0.101%	$269K	—	250x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,348.8	+0.015%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,343.5	−0.105%	$13.6M	$40.4M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.053%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0037%	24h	4,346.2	−0.044%	$4.1M	$36.2M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,349.3	+0.028%	$3.8M	$4.6M	40x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,381.8	+0.775%	—	$1.0M	25x	as long as short
QFEX GOLD-USDlong	+0.0046%	1h	4,348.1	long leg	$5.6M	$1.9M	20x
Lighter XAU	+0.0048%	1h	4,346.1	−0.045%	$20.6M	$41.9M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,346.7	−0.032%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,345	−0.071%	$293.2M	$48.6M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,345.2	−0.067%	$15.1M	$57.8M	25x	as long as short
Aster XAUUSD1	+0.0056%	4h	4,348.6	+0.011%	$70.0M	$329.9M	20x	as long as short
Lighter RH XAU	+0.0080%	1h	4,348.8	+0.017%	$20.1M	$39.3M	25x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,348.3	+0.005%	$19K	$5K	5x	as long as short
Pacifica XAU	+0.0100%	1h	4,345.3	−0.064%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDTshort	+0.0100%	1h	4,350.6	+0.058%	$275K	$203K	50x
Variational Omni XAU	+0.0102%	4h	4,347.9	−0.005%	$48.3M	$27.9M	—	as long as short
Polymarket Perps GOLD-USD	+0.0107%	1h	4,347.5	−0.014%	$4.3M	$1.9M	20x	as long as short
Binance XAUUSDT	+0.0108%	4h	4,347.7	−0.009%	$410.1M	$2.10B	100x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,347.8	−0.006%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0114%	4h	4,348	−0.002%	$371.3M	$316.0M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0132%	4h	4,353.6	+0.126%	$1.4M	$3.0M	25x	as long as short
edgeX XAUUSDC	+0.0136%	4h	4,348.4	+0.007%	$30.3M	$58.7M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,352	+0.090%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0196%	1h	4,348.5	+0.009%	$58K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0204%	4h	4,348.5	+0.009%	$84.0M	$144.9M	150x	as long as short
Bitget XAUUSDT	+0.0210%	4h	4,347.8	−0.007%	$69.7M	$109.2M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0249%	8h	4,348.5	+0.009%	$164.4M	$282.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0270%	1h	4,345.3	−0.064%	$593K	$133K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0279%	1h	4,346	−0.048%	$259K	$703K	25x	as long as short
Phemex XAUUSDT	+0.0343%	4h	4,350.5	+0.055%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0398% / S −0.0207%	1h	4,348.5	+0.009%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0600%	4h	4,353.8	+0.132%	$2.8M	$4.2M	75x	as long as short