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−0.0062%/8h= −6.7% APRnext payment $0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Ondo Perps against Aevo−0.076%7-day average −0.105% · 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 7 days−0.115%−$11 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.076%, 7d avg −0.105%
Together, before fees−0.183%+ Points / potential airdropOndo Perps: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.029% dearer against Aevo than usual: you sell high and buy low (spread −0.076% now, against its 7-day average of −0.105%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,313.20.0112pay 0.0014% / 1h15m 04s$160K$8710x
ShortOndo Perps XAU-USD.P4,309.90.0050get 0.0006% / 1h15m 04s$15.0M$55.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. 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
−$12.94
Price spread: −0.076% → −0.105%
$2.94
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$31
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 24 min ago; Ondo Perps: no order-book sample. 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 Aevo live order book, 24 min ago5.13 bp15.2 bp −$1527.0 bp −$270doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Hotstuff GOLD-PERP−0.0136%1h4,310.3−0.066%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,318.1+0.115%$92K$7.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,309.9−0.076%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.864%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,313.1−0.001%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,345.8+0.757%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,311.7−0.034%$290.7M$51.5M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,309.9−0.076%$15.0M$55.3M25x
Aster XAUUSD1+0.0058%4h4,316.4+0.075%$72.9M$271.9M20xas long as short
Paradex XAU-USD-PERP+0.0063%8h4,313.1−0.002%$2K$14K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0064%4h4,316+0.065%$77.7M$153.5M150xas long as short
Bluefin GOLD-PERP+0.0070%1h4,309.1−0.095%$25K$1K20xas long as short
Lighter XAU+0.0072%1h4,313−0.003%$20.3M$30.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,309.1−0.094%$2.0M$5.0M25xas long as short
StandX XAU-USD+0.0073%1h4,317.2+0.094%$3.8M$4.5M40xas long as short
Phoenix GOLD+0.0096%1h4,314.7+0.036%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0097%24h4,314.8+0.038%$3.7M$44.8M15xas long as short
Variational Omni XAU+0.0098%4h4,314+0.019%$47.1M$29.0Mas long as short
Pacifica XAU+0.0100%1h4,310.7−0.057%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,315.1+0.046%$272K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,315.6+0.056%$20.0M$39.9M25xas long as short
MEXC XAU_USDT+0.0108%4h4,313.9+0.016%$363.4M$335.1M1000xas long as short
Binance XAUUSDT+0.0109%4h4,315.1+0.045%$428.0M$2.15B100xas long as short
GRVT XAU_USDT_Perp+0.0110%4h4,316.3+0.073%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0110%4h4,316.4+0.076%$287.1M$425.0M100xas long as short
Aevo XAU-PERPlong+0.0112%1h4,313.2long leg$160K$8710x
edgeX XAUUSDC+0.0118%4h4,311.1−0.048%$30.0M$60.4M50xas long as short
Extended XAU-USD+0.0120%1h4,309.8−0.079%$13.2M$36.7M25xas long as short
Bitget XAUUSDT+0.0190%4h4,315.4+0.051%$70.4M$120.1M100xas long as short
Bullet GOLD-USD+0.0205%1h4,314.1+0.021%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0220%1h4,314.3+0.026%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,311.6−0.036%$574K$138K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0260%1h4,313−0.004%$161K$878K25xas long as short
OKX XAU-USDT-SWAP+0.0269%8h4,315.7+0.059%$174.8M$302.0M100xas long as short
BloFin XAU-USDT+0.0349%4h4,314.3+0.026%$16.6M$4.9M100xas long as short
Phemex XAUUSDT+0.0425%4h4,318.3+0.119%$2.2M$975K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0465% / S −0.0311%1h4,314.2+0.023%$254K111xas long as short
HTX XAU-USDT+0.0516%4h4,321.8+0.200%$3.2M$6.0M75xas long as short
RISEx XAU/USDC+0.0643%1h4,313.5+0.008%$4.5M$13.4M25xas long as short