Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Ondo Perps against gTrade (Gains Network)−0.016%45s7-day average −0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)−0.074%−$7 · spread now −0.016%, 7d avg −0.012%
=Together, before fees−0.028%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAU/USD | 4,360.9 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 38m 41s | $267K | — | 250x |
| Short | Ondo Perps XAU-USD.P | 4,360.2 | 0.0050 | get 0.0006% / 1h | 38m 41s | $14.5M | $56.1M | 25x |
gTrade (Gains Network) XAU/USD
Ondo Perps XAU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.11
- Price spread: −0.016% → −0.012%
- −$0.41
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$2.3
- Costs to cover
- 0.120%
- Break-even
- 8.6 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.01 bp | 133.5 bp −$134 | 196.7 bp −$1,967 | 1352.9 bp −$135.3K | 5907.8 bp −$2.95M |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0262% | 1h | 4,359.7 | −0.029% | $26K | $21K | 20x | as long as short |
| Phoenix GOLD | −0.0004% | 1h | 4,363.3 | +0.055% | $48K | $65K | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,364.4 | +0.079% | $71.6M | $227.6M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,363.8 | +0.067% | $407.7M | $2.11B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,364.7 | +0.086% | $82.8M | $141.8M | 150x | as long as short |
| RISEx XAU/USDC | 0.0000% | 1h | 4,363.9 | +0.069% | $3.4M | $12.4M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,364.2 | +0.076% | $267.8M | $408.6M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,364 | +0.069% | $376.4M | $321.8M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,363.9 | +0.068% | $66.9M | $111.3M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,365.9 | +0.114% | $48.5M | $30.6M | — | as long as short |
Bluefin GOLD-PERP
Phoenix GOLD
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
RISEx XAU/USDC
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAUShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,366.2 | +0.120% | $1.4M | $3.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,362.2 | +0.029% | $4.0M | $35.3M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,368.7 | +0.177% | $93K | $10.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDlong | L +0.0002% / S −0.0003% | 1h | 4,360.9 | long leg | $267K | — | 250x | |
| edgeX XAUUSDC | +0.0008% | 4h | 4,360.9 | 0.000% | $30.3M | $58.3M | 50x | as long as short |
| QFEX GOLD-USD | +0.0032% | 1h | 4,364.4 | +0.080% | $5.6M | $1.7M | 20x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,363.1 | +0.051% | $20.8M | $44.4M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,365.5 | +0.104% | $20.2M | $41.7M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,360 | −0.021% | $13.0M | $46.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.241% | $619 | $54 | 52x | as long as short |
| Hotstuff GOLD-PERP | +0.0040% | 1h | 4,361.7 | +0.018% | $33K | — | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,366.7 | +0.133% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,399.1 | +0.876% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,360.4 | −0.012% | $293.5M | $52.1M | 25x | as long as short |
| Ondo Perps XAU-USD.Pshort | +0.0050% | 1h | 4,360.2 | −0.016% | $14.5M | $56.1M | 25x | |
| Paradex XAU-USD-PERP | +0.0051% | 8h | 4,363.8 | +0.066% | $19K | $6K | 5x | as long as short |
| Bullet GOLD-USD | +0.0051% | 1h | 4,364.7 | +0.086% | $60K | $81K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0076% | 1h | 4,364 | +0.071% | $4.3M | $1.8M | 20x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,363.4 | +0.057% | $162K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,360.9 | 0.000% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,363.4 | +0.056% | $277K | $204K | 50x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0117% | 1h | 4,362.5 | +0.036% | $235K | $735K | 25x | as long as short |
| HTX XAU-USDT | +0.0142% | 4h | 4,368.2 | +0.167% | $2.8M | $3.8M | 75x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0152% | 1h | 4,361.5 | +0.013% | $2.0M | $5.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0155% | 8h | 4,364.7 | +0.087% | $158.0M | $271.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0220% | 1h | 4,362.1 | +0.027% | $602K | $138K | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,365.2 | +0.099% | $14.8M | $4.4M | 100x | as long as short |
| Phemex XAUUSDT | +0.0313% | 4h | 4,367.7 | +0.155% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0388% / S −0.0197% | 1h | 4,364.7 | +0.086% | $252K | — | 111x | as long as short |
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
SunX XAU-USDT
edgeX XAUUSDC
QFEX GOLD-USD
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
Hotstuff GOLD-PERP
StandX XAU-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Deribit GOLD_USDC-PERPETUAL
HTX XAU-USDT
Coinbase International GOLD-PERP-INTX
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]