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−0.0004%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.199%
Price spread now: Ondo Perps against Bluefin+0.065%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.065% dearer against Bluefin than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin GOLD-PERP4,3110.0055pay 0.0007% / 1h10m 22s$25K$1K20x
ShortOndo Perps XAU-USD.P4,313.80.0050get 0.0006% / 1h10m 22s$15.0M$55.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bluefin. 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
−$0.87
Price spread: +0.065% → 0.000%
$6.49
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$6.38
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bluefin: no order-book sample; 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 Bluefin no order-book sample
Sell Ondo Perps no order-book sample
Bluefin and 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
SunX XAU-USDT0.0000%4h4,320.5+0.220%$92K$7.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,313+0.045%$269K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.914%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,315.8+0.111%$5.4M$2.7M20xas long as short
Vest GC-PERP+0.0046%1h4,349.5+0.892%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,313.6+0.060%$290.7M$51.7M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,313.8+0.065%$15.0M$55.4M25x
Bluefin GOLD-PERPlong+0.0055%1h4,311long leg$25K$1K20x
Aster XAUUSD1+0.0058%4h4,318.2+0.166%$73.0M$271.8M20xas long as short
Paradex XAU-USD-PERP+0.0063%8h4,315.9+0.114%$2K$14K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0069%4h4,317.3+0.145%$77.9M$153.7M150xas long as short
Lighter XAU+0.0072%1h4,316+0.116%$20.3M$30.1M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,315.3+0.099%$2.0M$5.1M25xas long as short
StandX XAU-USD+0.0096%1h4,319.8+0.203%$3.8M$4.5M40xas long as short
Hotstuff GOLD-PERP+0.0096%1h4,313+0.046%$32K25xas long as short
Phoenix GOLD+0.0096%1h4,315.7+0.108%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0098%24h4,319.1+0.187%$3.7M$44.9M15xas long as short
Variational Omni XAU+0.0100%4h4,316.5+0.126%$47.1M$29.0Mas long as short
Pacifica XAU+0.0100%1h4,313.4+0.055%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,315.6+0.105%$272K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,318.1+0.165%$19.9M$40.1M25xas long as short
Extended XAU-USD+0.0104%1h4,313.1+0.049%$13.2M$36.6M25xas long as short
MEXC XAU_USDT+0.0110%4h4,317.5+0.149%$363.3M$336.1M1000xas long as short
Binance XAUUSDT+0.0110%4h4,316.5+0.126%$429.5M$2.14B100xas long as short
Aevo XAU-PERP+0.0112%1h4,316.4+0.125%$160K$8710xas long as short
edgeX XAUUSDC+0.0112%4h4,309.9−0.025%$30.0M$60.5M50xas long as short
GRVT XAU_USDT_Perp+0.0114%4h4,319.3+0.193%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0116%4h4,318.4+0.171%$287.7M$427.8M100xas long as short
Bitget XAUUSDT+0.0192%4h4,316.6+0.129%$70.5M$120.1M100xas long as short
Bullet GOLD-USD+0.0201%1h4,316.9+0.136%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0222%1h4,317.7+0.155%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,314.1+0.072%$574K$138K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0237%1h4,315.8+0.111%$160K$877K25xas long as short
OKX XAU-USDT-SWAP+0.0266%8h4,316.9+0.136%$175.3M$303.0M100xas long as short
BloFin XAU-USDT+0.0351%4h4,317.1+0.141%$16.6M$4.9M100xas long as short
Phemex XAUUSDT+0.0408%4h4,319.5+0.196%$2.2M$949K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0312%1h4,316.5+0.126%$254K111xas long as short
HTX XAU-USDT+0.0525%4h4,324.6+0.315%$3.2M$6.0M75xas long as short
RISEx XAU/USDC+0.0643%1h4,316.9+0.136%$4.5M$13.2M25xas long as short