Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%
Price spread now: Ondo Perps against Injective+0.157%101s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.157% dearer against Injective than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 101 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 | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | pay 0.0004% / 1h | 27m 28s | $619 | $54 | 52x |
| Short | Ondo Perps XAU-USD.P | 4,357.3 | 0.0050 | get 0.0006% / 1h | 27m 28s | $14.7M | $57.2M | 25x |
Injective XAU/USDC PERP
Ondo Perps XAU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Injective. 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
- $3.58
- Price spread: +0.157% → 0.000%
- $15.72
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $14.29
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Injective 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | 0.0000% | 4h | 4,362.2 | +0.270% | $71.1M | $200.3M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,363.1 | +0.292% | $265.5M | $415.4M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,362.5 | +0.278% | $48.0M | $28.0M | — | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,358.5 | +0.186% | $4.0M | $36.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,366.5 | +0.369% | $93K | $10.2M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,358.3 | +0.180% | $267K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,359.7 | +0.213% | $33K | — | 25x | as long as short |
| MEXC XAU_USDT | +0.0014% | 4h | 4,362.3 | +0.274% | $373.3M | $327.2M | 1000x | as long as short |
| Binance XAUUSDT | +0.0018% | 4h | 4,362.1 | +0.269% | $411.9M | $2.15B | 100x | as long as short |
| edgeX XAUUSDC | +0.0026% | 4h | 4,356.1 | +0.131% | $30.3M | $60.3M | 50x | as long as short |
Aster XAUUSD1
Gate XAU_USDT
Variational Omni XAU
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDCShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAU/USDC PERPlong | +0.0033% | 1h | 4,350.4 | long leg | $619 | $54 | 52x | |
| StandX XAU-USD | +0.0040% | 1h | 4,362.4 | +0.275% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,361.7 | +0.259% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,396.5 | +1.059% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,362.4 | +0.275% | $3.4M | $12.3M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,359.4 | +0.206% | $294.0M | $52.6M | 25x | as long as short |
| Ondo Perps XAU-USD.Pshort | +0.0050% | 1h | 4,357.3 | +0.157% | $14.7M | $57.2M | 25x | |
| Bitget XAUUSDT | +0.0052% | 4h | 4,362.5 | +0.278% | $69.6M | $113.2M | 100x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,360.2 | +0.225% | $48K | $64K | 25x | as long as short |
| BloFin XAU-USDT | +0.0057% | 4h | 4,363.5 | +0.300% | $15.5M | $4.5M | 100x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,361.2 | +0.247% | $20.6M | $44.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,362 | +0.267% | $19K | $5K | 5x | as long as short |
| Aevo XAU-PERP | +0.0088% | 1h | 4,360.9 | +0.241% | $161K | $87 | 10x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,363.9 | +0.309% | $20.2M | $41.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,359.9 | +0.218% | $2.0M | $5.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,358.4 | +0.183% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,361.6 | +0.258% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,354.6 | +0.097% | $26K | $22K | 20x | as long as short |
| Extended XAU-USD | +0.0112% | 1h | 4,358.3 | +0.181% | $13.5M | $43.9M | 25x | as long as short |
| Bybit XAUUSDT | +0.0116% | 4h | 4,363.4 | +0.298% | $83.1M | $143.7M | 150x | as long as short |
| Polymarket Perps GOLD-USD | +0.0128% | 1h | 4,361.4 | +0.252% | $4.3M | $1.8M | 20x | as long as short |
| GRVT XAU_USDT_Perp | +0.0152% | 4h | 4,362.7 | +0.283% | $1.4M | $3.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0197% | 8h | 4,363.7 | +0.305% | $165.4M | $286.2M | 100x | as long as short |
| Bullet GOLD-USD | +0.0213% | 1h | 4,362.7 | +0.283% | $59K | $81K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,358.9 | +0.195% | $594K | $151K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0232% | 1h | 4,360.8 | +0.239% | $235K | $656K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0389% / S −0.0197% | 1h | 4,362.4 | +0.275% | $252K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0529% | 4h | 4,365.2 | +0.339% | $2.2M | $1.1M | 100x | as long as short |
| HTX XAU-USDT | +0.0605% | 4h | 4,365.7 | +0.352% | $2.9M | $3.9M | 75x | as long as short |
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Bitget XAUUSDT
Phoenix GOLD
BloFin XAU-USDT
Lighter XAU
Paradex XAU-USD-PERP
Aevo XAU-PERP
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Extended XAU-USD
Bybit XAUUSDT
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
OKX XAU-USDT-SWAP
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT