Funding you earn now, next payment 07:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.013%
Price spread now: Ondo Perps against GRVT−0.080%53s7-day average −0.141% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.080%, 7d avg −0.141%
=Together, before fees−0.058%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.061% dearer against GRVT than usual: you sell high and buy low (spread −0.080% now, against its 7-day average of −0.141%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. The two prices were read 53 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 | GRVT XAU_USDT_Perp | 4,322.1 | 0.0094 | pay 0.0047% / 4h | 1h 02m | $1.4M | $3.0M | 25x |
| Short | Ondo Perps XAU-USD.P | 4,318.6 | 0.0050 | get 0.0006% / 1h | 2m 04s | $15.0M | $55.7M | 25x |
GRVT XAU_USDT_Perp
Ondo Perps XAU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against GRVT. 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
- −$9.16
- Price spread: −0.080% → −0.141%
- $6.07
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$17.08
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 1 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 GRVT live order book, 1 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 2895.0 bp −$289.5K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0040% | 1h | 4,315.7 | −0.147% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,326.9 | +0.112% | $92K | $7.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,318.7 | −0.079% | $270K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,318.3 | −0.088% | $32K | — | 25x | as long as short |
| Bybit XAUUSDT | +0.0026% | 4h | 4,323.3 | +0.027% | $76.9M | $154.2M | 150x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.656% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,322.4 | +0.007% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,321.4 | −0.016% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,354.5 | +0.750% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,318 | −0.095% | $291.3M | $51.6M | 25x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
Bybit XAUUSDT
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.Pshort | +0.0050% | 1h | 4,318.6 | −0.080% | $15.0M | $55.7M | 25x | |
| Aster XAUUSD1 | +0.0059% | 4h | 4,323.4 | +0.030% | $72.7M | $273.2M | 20x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,321.3 | −0.018% | $20.3M | $30.8M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,317 | −0.118% | $2.1M | $4.9M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0076% | 8h | 4,321.1 | −0.023% | $2K | $14K | 5x | as long as short |
| Kalshi KXGOLDPERP | +0.0084% | 24h | 4,323 | +0.021% | $3.8M | $44.2M | 15x | as long as short |
| Variational Omni XAU | +0.0093% | 4h | 4,322.6 | +0.012% | $47.2M | $29.1M | — | as long as short |
| GRVT XAU_USDT_Perplong | +0.0094% | 4h | 4,322.1 | long leg | $1.4M | $3.0M | 25x | |
| MEXC XAU_USDT | +0.0098% | 4h | 4,321.9 | −0.005% | $364.4M | $336.5M | 1000x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,320.6 | −0.034% | $47K | $79K | 25x | as long as short |
| Binance XAUUSDT | +0.0100% | 4h | 4,322.4 | +0.006% | $423.4M | $2.14B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,318.7 | −0.078% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,320.4 | −0.039% | $272K | $208K | 50x | as long as short |
| Gate XAU_USDT | +0.0104% | 4h | 4,323.2 | +0.026% | $279.2M | $426.5M | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,321.5 | −0.014% | $160K | $87 | 10x | as long as short |
| Lighter RH XAU | +0.0112% | 1h | 4,323.2 | +0.026% | $20.0M | $39.5M | 25x | as long as short |
| edgeX XAUUSDC | +0.0118% | 4h | 4,319.2 | −0.066% | $30.1M | $59.9M | 50x | as long as short |
| Extended XAU-USD | +0.0136% | 1h | 4,318.5 | −0.082% | $12.9M | $36.5M | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0153% | 1h | 4,319.9 | −0.050% | $577K | $136K | 25x | as long as short |
| RISEx XAU/USDC | +0.0184% | 1h | 4,324.8 | +0.062% | $4.1M | $12.8M | 25x | as long as short |
| Bullet GOLD-USD | +0.0188% | 1h | 4,322.9 | +0.019% | $59K | $82K | 10x | as long as short |
| Bitget XAUUSDT | +0.0210% | 4h | 4,321.7 | −0.009% | $67.5M | $118.6M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0219% | 1h | 4,323 | +0.021% | $4.3M | $2.0M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0259% | 1h | 4,321.1 | −0.023% | $163K | $869K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0297% | 8h | 4,322.5 | +0.010% | $173.3M | $301.2M | 100x | as long as short |
| HTX XAU-USDT | +0.0327% | 4h | 4,327.9 | +0.134% | $3.2M | $5.8M | 75x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,322.3 | +0.005% | $16.3M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0353% | 4h | 4,325.1 | +0.070% | $2.2M | $976K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,323 | +0.021% | $252K | — | 111x | as long as short |
Aster XAUUSD1
Lighter XAU
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Kalshi KXGOLDPERP
Variational Omni XAU
MEXC XAU_USDT
Phoenix GOLD
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Gate XAU_USDT
Aevo XAU-PERP
Lighter RH XAU
edgeX XAUUSDC
Extended XAU-USD
Kraken Futures PF_XAUUSD
RISEx XAU/USDC
Bullet GOLD-USD
Bitget XAUUSDT
Polymarket Perps GOLD-USD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
HTX XAU-USDT
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]