Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.013%
Price spread now: ApeX Omni against StandX−0.117%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$430.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.117%, 7d avg −0.055%
Together, before fees+0.125%+ Points / potential airdropStandX: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.061% cheaper against StandX than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.055%). If the spread goes back, that is −$6 on $10k: about 3.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,338.90.0040pay 0.0005% / 1h59m 19s$3.8M$4.5M40x
ShortApeX Omni XAUUSDT4,333.80.0100get 0.0013% / 1h59m 19s$284K$223K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against StandX. 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
$12.6
Price spread: −0.117% → −0.055%
−$6.14
Slippage, 4 orders
−$25.3
Fee StandX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$36.84
Costs to cover
0.433%
Break-even
27.5 days
Slippage from StandX: live order book, 3 min ago; ApeX Omni: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 3 min ago0.12 bp4.8 bp −$55.2 bp −$528.4 bp −$83710.6 bp −$5,316
Sell ApeX Omni live order book, 51 min ago4.60 bp19.3 bp −$1933.2 bp −$33262.2 bp −$6,219doesn't fit

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
Hotstuff GOLD-PERP−3.0304%1h4,318.3−0.475%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,345.1+0.143%$92K$6.0M20xas long as short
Coinbase International GOLD-PERP-INTX0.0000%1h4,334−0.113%$2.1M$5.3M25xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,333−0.136%$279K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.266%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,338.90.000%$6.7M$3.2M20xas long as short
StandX XAU-USDlong+0.0040%1h4,338.9long leg$3.8M$4.5M40x
Vest GC-PERP+0.0046%1h4,372.8+0.781%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,336.4−0.058%$292.7M$53.0M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,334.6−0.100%$15.0M$58.6M25xas long as short
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,339.1+0.004%$2K$13K5xas long as short
Polymarket Perps GOLD-USD+0.0073%1h4,338.8−0.002%$4.3M$1.7M20xas long as short
Phoenix GOLD+0.0076%1h4,337.4−0.035%$43K$70K25xas long as short
Aster XAUUSD1+0.0076%4h4,341.8+0.066%$72.8M$275.7M20xas long as short
Variational Omni XAU+0.0091%4h4,335.3−0.082%$47.3M$29.3Mas long as short
Pacifica XAU+0.0100%1h4,336.6−0.052%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDTshort+0.0100%1h4,333.8−0.117%$284K$223K50x
Bluefin GOLD-PERP+0.0100%1h4,334−0.112%$25K$1K20xas long as short
Binance XAUUSDT+0.0108%4h4,339.7+0.017%$443.5M$2.42B100xas long as short
MEXC XAU_USDT+0.0108%4h4,340+0.025%$365.8M$347.9M1000xas long as short
Gate XAU_USDT+0.0110%4h4,341.8+0.067%$301.2M$439.1M100xas long as short
Lighter XAU+0.0112%1h4,340.2+0.030%$20.3M$30.0M25xas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,336.8−0.048%$1.4M$3.1M25xas long as short
Aevo XAU-PERP+0.0112%1h4,339.5+0.015%$161K$8710xas long as short
Bybit XAUUSDT+0.0115%4h4,341.6+0.061%$82.1M$173.3M150xas long as short
edgeX XAUUSDC+0.0115%4h4,330.4−0.195%$30.3M$67.2M50xas long as short
Kalshi KXGOLDPERP+0.0134%24h4,340.9+0.046%$3.5M$50.9M15xas long as short
Lighter RH XAU+0.0152%1h4,341.6+0.062%$19.7M$39.3M25xas long as short
Extended XAU-USD+0.0152%1h4,336−0.068%$12.6M$34.9M25xas long as short
Bullet GOLD-USD+0.0202%1h4,340.1+0.028%$59K$76K10xas long as short
RISEx XAU/USDC+0.0205%1h4,340.1+0.028%$4.7M$13.4M25xas long as short
Phemex XAUUSDT+0.0218%4h4,341+0.049%$2.3M$782K100xas long as short
Bitget XAUUSDT+0.0218%4h4,341.1+0.050%$74.1M$137.8M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0234%1h4,339.1+0.005%$135K$706K25xas long as short
OKX XAU-USDT-SWAP+0.0242%8h4,341.2+0.053%$170.8M$360.4M100xas long as short
Kraken Futures PF_XAUUSD+0.0253%1h4,337.2−0.039%$584K$165K25xas long as short
BloFin XAU-USDT+0.0348%4h4,341+0.049%$16.3M$5.3M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0308%1h4,341.3+0.056%$254K111xas long as short
HTX XAU-USDT+0.1119%4h4,346.5+0.174%$3.2M$7.0M75xas long as short