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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against Vest−0.763%7-day average −0.906% · you buy dearer than you sell
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)+0.057%+$6 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.763%, 7d avg −0.906%
Together, before fees+0.006%+ Points / potential airdropVest: Active · farm board+$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 0.143% dearer against Vest than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.906%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest GC-PERP4,336.80.0046pay 0.0006% / 1h59m 12s$1.0M25x
ShortApeX Omni XAUUSDT4,303.70.0100get 0.0013% / 1h59m 12s$269K$214K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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
$11.41
Price spread: −0.763% → −0.906%
$14.28
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$13.68
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 38 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 Vest no order-book sample
Sell ApeX Omni live order book, 38 min ago5.20 bp16.4 bp −$1629.3 bp −$29340.5 bp −$4,051doesn't fit
Vest: 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT0.0000%4h4,305.5−0.723%$77.0M$156.5M150xas long as short
SunX XAU-USDT0.0000%4h4,308.7−0.648%$92K$7.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,300.5−0.838%$268K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.314%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,304−0.756%$6.6M$3.1M20xas long as short
Vest GC-PERPlong+0.0046%1h4,336.8long leg$1.0M25x
Hotstuff GOLD-PERP+0.0048%1h4,301.3−0.819%$32K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,300.6−0.835%$289.9M$53.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,306−0.710%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,301.2−0.820%$15.0M$55.4M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOLD-PERP-INTX+0.0056%1h4,301.3−0.819%$2.0M$5.1M25xas long as short
Aster XAUUSD1+0.0058%4h4,306.2−0.706%$72.9M$272.1M20xas long as short
Paradex XAU-USD-PERP+0.0062%8h4,304.3−0.750%$2K$14K5xas long as short
Lighter RH XAU+0.0064%1h4,306.3−0.704%$19.8M$39.0M25xas long as short
Lighter XAU+0.0072%1h4,303.7−0.764%$20.2M$28.2M25xas long as short
Extended XAU-USD+0.0096%1h4,300.6−0.835%$13.1M$36.3M25xas long as short
Phoenix GOLD+0.0096%1h4,302.4−0.793%$42K$79K25xas long as short
Pacifica XAU+0.0100%1h4,301.5−0.814%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDTshort+0.0100%1h4,303.7−0.763%$269K$214K50x
Bluefin GOLD-PERP+0.0100%1h4,301.1−0.824%$25K$1K20xas long as short
Kalshi KXGOLDPERP+0.0102%24h4,306.6−0.696%$3.6M$45.8M15xas long as short
Variational Omni XAU+0.0102%4h4,304.4−0.747%$46.7M$29.3Mas long as short
MEXC XAU_USDT+0.0112%4h4,304.9−0.735%$362.2M$329.8M1000xas long as short
Aevo XAU-PERP+0.0112%1h4,304.3−0.750%$159K$8710xas long as short
Binance XAUUSDT+0.0115%4h4,304.8−0.738%$428.4M$2.19B100xas long as short
Gate XAU_USDT+0.0120%4h4,307−0.688%$291.7M$415.8M100xas long as short
GRVT XAU_USDT_Perp+0.0120%4h4,305−0.733%$1.4M$3.0M25xas long as short
edgeX XAUUSDC+0.0123%4h4,304−0.757%$29.9M$60.6M50xas long as short
RISEx XAU/USDC+0.0126%1h4,304.9−0.735%$4.4M$13.1M25xas long as short
Bullet GOLD-USD+0.0166%1h4,305−0.733%$59K$81K10xas long as short
StandX XAU-USD+0.0189%1h4,306.6−0.696%$3.8M$4.5M40xas long as short
Bitget XAUUSDT+0.0192%4h4,304.7−0.741%$70.8M$122.8M100xas long as short
OKX XAU-USDT-SWAP+0.0256%8h4,305.2−0.729%$171.5M$316.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,302.5−0.790%$572K$138K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0378%1h4,303.7−0.763%$135K$869K25xas long as short
BloFin XAU-USDT+0.0458%4h4,304.8−0.738%$16.6M$4.9M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0313%1h4,304.7−0.741%$254K111xas long as short
Phemex XAUUSDT+0.0513%4h4,310.3−0.612%$2.2M$950K100xas long as short
HTX XAU-USDT+0.1186%4h4,313.5−0.538%$3.2M$6.2M75xas long as short