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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0062%/8h= +6.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%
Price spread now: Aevo against Ondo Perps+0.046%7-day average +0.105% · 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+0.114%+$11 on $10k
Price spread, last 4 days (all we have)+0.183%+$18 · spread now +0.046%, 7d avg +0.105%
Together, before fees+0.298%+ Points / potential airdropOndo Perps: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.059% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.105%). If the spread goes back, that is −$6 on $10k: about 3.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAU-USD.P4,305.10.0050pay 0.0006% / 1h22m 09s$15.0M$55.9M25x
ShortAevo XAU-PERP4,3070.0112get 0.0014% / 1h22m 09s$160K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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
$12.94
Price spread: +0.046% → +0.105%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$13.98
Costs to cover
0.210%
Break-even
14.6 days
Slippage unknown: Ondo Perps: no order-book sample; Aevo: live order book, 12 min ago. 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 Ondo Perps no order-book sample
Sell Aevo live order book, 12 min ago15.69 bp25.4 bp −$25doesn't fitdoesn't fitdoesn't fit
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%4h4,313.5+0.196%$92K$6.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,305.5+0.011%$273K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.053%$619$5452xas long as short
Vest GC-PERP+0.0046%1h4,340.1+0.814%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,308.3+0.075%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,306+0.022%$290.8M$54.5M25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,305.5+0.010%$4.3M$1.8M20xas long as short
Ondo Perps XAU-USD.Plong+0.0050%1h4,305.1long leg$15.0M$55.9M25x
Coinbase International GOLD-PERP-INTX+0.0056%1h4,300.9−0.097%$2.0M$5.1M25xas long as short
Aster XAUUSD1+0.0058%4h4,308.9+0.090%$73.5M$271.4M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAU-USD+0.0058%1h4,302.9−0.050%$3.8M$4.5M40xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,308.9+0.090%$2K$13K5xas long as short
Lighter XAU+0.0080%1h4,308.7+0.084%$20.2M$29.6M25xas long as short
Phoenix GOLD+0.0095%1h4,298.2−0.160%$42K$86K25xas long as short
Variational Omni XAU+0.0095%4h4,295.8−0.216%$46.6M$29.4Mas long as short
Extended XAU-USD+0.0096%1h4,305.5+0.010%$12.9M$36.1M25xas long as short
Pacifica XAU+0.0100%1h4,305.2+0.004%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,297.8−0.169%$273K$219K50xas long as short
Lighter RH XAU+0.0104%1h4,311.2+0.143%$19.8M$40.5M25xas long as short
Bybit XAUUSDT+0.0111%4h4,310.8+0.132%$78.0M$160.0M150xas long as short
MEXC XAU_USDT+0.0112%4h4,309.7+0.106%$360.5M$346.6M1000xas long as short
Aevo XAU-PERPshort+0.0112%1h4,307+0.046%$160K$8710x
Kalshi KXGOLDPERP+0.0113%24h4,310.2+0.119%$3.6M$47.1M15xas long as short
edgeX XAUUSDC+0.0118%4h4,294.8−0.238%$29.9M$62.3M50xas long as short
Binance XAUUSDT+0.0119%4h4,309.5+0.104%$437.1M$2.26B100xas long as short
RISEx XAU/USDC+0.0126%1h4,308.8+0.086%$4.5M$13.4M25xas long as short
Hotstuff GOLD-PERP+0.0136%1h4,302.9−0.050%$32K25xas long as short
GRVT XAU_USDT_Perp+0.0142%4h4,299.3−0.134%$1.4M$3.1M25xas long as short
Gate XAU_USDT+0.0180%4h4,311.9+0.158%$302.1M$435.8M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0191%1h4,308.5+0.080%$133K$853K25xas long as short
Bullet GOLD-USD+0.0197%1h4,309.5+0.103%$58K$77K10xas long as short
Bitget XAUUSDT+0.0198%4h4,309.9+0.111%$70.1M$127.3M100xas long as short
OKX XAU-USDT-SWAP+0.0250%8h4,310.4+0.124%$170.5M$341.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,307.4+0.055%$573K$139K25xas long as short
BloFin XAU-USDT+0.0412%4h4,305.5+0.010%$16.3M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0464% / S −0.0312%1h4,305.8+0.017%$254K111xas long as short
Phemex XAUUSDT+0.0547%4h4,312.5+0.173%$2.2M$987K100xas long as short
HTX XAU-USDT+0.1185%4h4,313.5+0.196%$3.2M$6.8M75xas long as short
Bluefin GOLD-PERP+0.2566%1h4,303.2−0.045%$25K$1K20xas long as short