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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Ondo Perps against Extended+0.005%7-day average −0.042% · 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 7 days+0.008%+$1 on $10k
Price spread, last 7 days−0.077%−$8 · spread now +0.005%, 7d avg −0.042%
Together, before fees−0.069%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Ondo Perps is 0.047% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XAU-USD4,363.10.0040pay 0.0005% / 1h19m 58s$13.1M$45.4M25x
ShortOndo Perps XAU-USD.P4,363.30.0050get 0.0006% / 1h19m 58s$14.6M$56.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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
$2.18
Price spread: +0.005% → −0.042%
$4.71
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$3.11
Costs to cover
0.100%
Break-even
17.0 days
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago0.12 bp2.6 bp −$34.2 bp −$428.9 bp −$89227.4 bp −$13.7K
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
Bluefin GOLD-PERP−0.0215%1h4,360.5−0.061%$26K$22K20xas long as short
Hotstuff GOLD-PERP−0.0104%1h4,362.3−0.019%$33K25xas long as short
Phoenix GOLD−0.0004%1h4,360.3−0.064%$48K$65K25xas long as short
Aster XAUUSD10.0000%4h4,367.6+0.103%$71.7M$225.4M20xas long as short
Binance XAUUSDT0.0000%4h4,368.4+0.120%$410.3M$2.14B100xas long as short
Bybit XAUUSDT0.0000%4h4,368.8+0.130%$82.6M$142.3M150xas long as short
RISEx XAU/USDC0.0000%1h4,366.9+0.087%$3.4M$12.3M25xas long as short
Gate XAU_USDT0.0000%4h4,368.4+0.121%$269.6M$414.9M100xas long as short
MEXC XAU_USDT0.0000%4h4,366.8+0.084%$376.5M$323.2M1000xas long as short
Bitget XAUUSDT0.0000%4h4,368.5+0.123%$69.7M$113.5M100xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAU0.0000%4h4,366.6+0.079%$48.5M$30.2Mas long as short
GRVT XAU_USDT_Perp0.0000%4h4,364.9+0.041%$1.4M$3.1M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,364.4+0.030%$4.1M$36.0M15xas long as short
SunX XAU-USDT0.0000%4h4,372.5+0.216%$93K$10.6M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,363.7+0.013%$268K250xas long as short
edgeX XAUUSDC+0.0008%4h4,359.1−0.093%$30.3M$58.8M50xas long as short
QFEX GOLD-USD+0.0032%1h4,366+0.066%$5.4M$1.9M20xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.291%$619$5452xas long as short
Lighter XAU+0.0040%1h4,365.9+0.064%$20.7M$44.8M25xas long as short
Extended XAU-USDlong+0.0040%1h4,363.1long leg$13.1M$45.4M25x
StandX XAU-USD+0.0040%1h4,367.1+0.091%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,400.4+0.855%$1.0M25xas long as short
Lighter RH XAU+0.0048%1h4,368.2+0.116%$20.2M$42.1M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,364.1+0.023%$293.8M$52.3M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,363.3+0.005%$14.6M$56.8M25x
Paradex XAU-USD-PERP+0.0053%8h4,366.8+0.084%$19K$5K5xas long as short
Aevo XAU-PERP+0.0080%1h4,366.7+0.083%$162K$8710xas long as short
Polymarket Perps GOLD-USD+0.0098%1h4,366.3+0.073%$4.3M$1.8M20xas long as short
Pacifica XAU+0.0100%1h4,363.7+0.013%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,362.3−0.019%$277K$204K50xas long as short
Bullet GOLD-USD+0.0102%1h4,367.2+0.094%$59K$81K10xas long as short
Coinbase International GOLD-PERP-INTX+0.0152%1h4,364.4+0.030%$2.0M$5.1M25xas long as short
OKX XAU-USDT-SWAP+0.0161%8h4,369.2+0.140%$159.1M$274.0M100xas long as short
HTX XAU-USDT+0.0170%4h4,370.7+0.175%$2.8M$3.7M75xas long as short
Kraken Futures PF_XAUUSD+0.0220%1h4,364.5+0.032%$602K$136K25xas long as short
BloFin XAU-USDT+0.0240%4h4,367.2+0.093%$14.8M$4.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0277%1h4,366.4+0.075%$235K$736K25xas long as short
Phemex XAUUSDT+0.0327%4h4,367.2+0.093%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,368.2+0.116%$252K111xas long as short