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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h −0.001%
Price spread now: Gate against Ondo Perps+0.135%7-day average +0.157% · 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−0.045%−$4 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.135%, 7d avg +0.157%
Together, before fees−0.101%+ Points / potential airdropOndo Perps: Active · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.022% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.135% now, against its 7-day average of +0.157%). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAU-USD.P4,323.60.0050pay 0.0006% / 1h56m 02s$15.1M$57.4M25x
ShortGate XAU_USDT4,329.40.0104get 0.0052% / 4h2h 56m$302.8M$429.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$11.26
Price spread: +0.135% → +0.157%
−$2.19
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$10.93
Costs to cover
0.200%
Break-even
13.8 days
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago0.01 bp7.5 bp −$89.2 bp −$9215.0 bp −$1,50217.7 bp −$8,845
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%4h4,331.3+0.177%$92K$6.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.7+0.163%$275K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,325.1+0.034%$2.0M$5.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.620%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,326.9+0.076%$6.6M$3.0M20xas long as short
StandX XAU-USD+0.0040%1h4,332.7+0.210%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,360.5+0.853%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,326.2+0.060%$32K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,324.1+0.011%$292.1M$55.5M25xas long as short
Ondo Perps XAU-USD.Plong+0.0050%1h4,323.6long leg$15.1M$57.4M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx XAU/USDC+0.0056%1h4,329+0.124%$4.6M$13.6M25xas long as short
Paradex XAU-USD-PERP+0.0058%8h4,327+0.078%$2K$13K5xas long as short
Aster XAUUSD1+0.0059%4h4,328+0.101%$74.4M$273.1M20xas long as short
Extended XAU-USD+0.0088%1h4,323.2−0.009%$12.7M$35.8M25xas long as short
Variational Omni XAU+0.0093%4h4,332+0.193%$47.2M$30.1Mas long as short
Phoenix GOLD+0.0095%1h4,333.5+0.229%$43K$67K25xas long as short
Lighter RH XAU+0.0096%1h4,329.2+0.130%$19.8M$38.5M25xas long as short
Pacifica XAU+0.0100%1h4,323.7+0.003%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,330+0.148%$284K$232K50xas long as short
Lighter XAU+0.0104%1h4,326.5+0.067%$20.2M$29.3M25xas long as short
Gate XAU_USDTshort+0.0104%4h4,329.4+0.135%$302.8M$429.0M100x
Aevo XAU-PERP+0.0112%1h4,327.2+0.083%$160K$8710xas long as short
MEXC XAU_USDT+0.0114%4h4,327.6+0.091%$353.4M$347.9M1000xas long as short
Binance XAUUSDT+0.0115%4h4,326.7+0.071%$435.5M$2.36B100xas long as short
Kalshi KXGOLDPERP+0.0121%24h4,329.2+0.129%$3.5M$48.6M15xas long as short
edgeX XAUUSDC+0.0127%4h4,330.2+0.152%$30.3M$64.9M50xas long as short
GRVT XAU_USDT_Perp+0.0132%4h4,331.1+0.174%$1.4M$3.0M25xas long as short
Polymarket Perps GOLD-USD+0.0132%1h4,327+0.078%$4.3M$1.7M20xas long as short
Bybit XAUUSDT+0.0140%4h4,327.4+0.088%$81.6M$170.1M150xas long as short
Bullet GOLD-USD+0.0188%1h4,327.8+0.096%$58K$77K10xas long as short
Bitget XAUUSDT+0.0196%4h4,327.8+0.097%$72.0M$132.7M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0236%1h4,325.7+0.048%$134K$782K25xas long as short
OKX XAU-USDT-SWAP+0.0244%8h4,326.9+0.076%$171.1M$355.9M100xas long as short
BloFin XAU-USDT+0.0355%4h4,329.7+0.141%$16.2M$5.5M100xas long as short
Phemex XAUUSDT+0.0395%4h4,331.6+0.184%$2.2M$961K100xas long as short
Kraken Futures PF_XAUUSD+0.0411%1h4,324.7+0.026%$582K$150K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0306%1h4,327.8+0.096%$252K111xas long as short
HTX XAU-USDT+0.1112%4h4,334.7+0.256%$3.2M$7.0M75xas long as short
Bluefin GOLD-PERP+0.5954%1h4,323.3−0.006%$25K$1K20xas long as short