XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0107%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.033%

Price spread now: Polymarket Perps against Ondo Perps+0.093%7-day average +0.055% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.093%, 7d avg +0.055%

Together, before fees−0.036%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.039% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAU-USD.P	4,327.8	0.0050	pay 0.0006% / 1h	7m 12s	$15.2M	$59.7M	25x
Short	Polymarket Perps GOLD-USD	4,331.8	0.0158	get 0.0020% / 1h	7m 12s	$4.3M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee Polymarket PerpsbpOrdersPrice spread, now +0.093%Rate

Funding earned: $22.56
Price spread: +0.093% → +0.055%: $3.87
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $13.44
Costs to cover: 0.130%
Break-even: 2.8 days

Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 5 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 5 min ago	0.81 bp	4.8 bp −$5	4.8 bp −$48	5.4 bp −$535	doesn'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 exchanges

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
Hotstuff GOLD-PERP	−3.2000%	1h	4,329.5	+0.040%	$35K	$3K	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,336.2	+0.194%	$92K	$5.7M	20x	as long as short
Coinbase International GOLD-PERP-INTX	0.0000%	1h	4,327.9	+0.003%	$2.1M	$5.0M	25x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,328	+0.004%	$304K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.524%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,332.8	+0.116%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,331.1	+0.077%	$6.7M	$3.2M	20x	as long as short
Aster XAUUSD1	+0.0043%	4h	4,334.1	+0.145%	$71.8M	$276.5M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,365.3	+0.867%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,329.4	+0.038%	$292.6M	$51.6M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.Plong	+0.0050%	1h	4,327.8	long leg	$15.2M	$59.7M	25x
Bluefin GOLD-PERP	+0.0054%	1h	4,325.8	−0.046%	$25K	$1K	20x	as long as short
Paradex XAU-USD-PERP	+0.0056%	8h	4,331.5	+0.086%	$2K	$13K	5x	as long as short
Variational Omni XAU	+0.0069%	4h	4,329.8	+0.046%	$47.2M	$28.4M	—	as long as short
Gate XAU_USDT	+0.0078%	4h	4,333.4	+0.130%	$299.9M	$451.6M	100x	as long as short
Lighter XAU	+0.0080%	1h	4,331.3	+0.081%	$20.1M	$30.6M	25x	as long as short
MEXC XAU_USDT	+0.0084%	4h	4,331.7	+0.091%	$368.1M	$357.9M	1000x	as long as short
Binance XAUUSDT	+0.0085%	4h	4,332.2	+0.102%	$442.1M	$2.42B	100x	as long as short
edgeX XAUUSDC	+0.0089%	4h	4,327.6	−0.004%	$30.2M	$66.5M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0092%	4h	4,332.4	+0.106%	$1.4M	$3.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,328.6	+0.020%	$1.4M	$1.3M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,330.4	+0.061%	$287K	$227K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,331.2	+0.079%	$160K	$87	10x	as long as short
Lighter RH XAU	+0.0120%	1h	4,333.6	+0.134%	$19.6M	$40.4M	25x	as long as short
Phoenix GOLD	+0.0127%	1h	4,329.7	+0.045%	$43K	$71K	25x	as long as short
Kalshi KXGOLDPERP	+0.0144%	24h	4,332.7	+0.114%	$3.5M	$51.5M	15x	as long as short
Bybit XAUUSDT	+0.0154%	4h	4,333.6	+0.134%	$83.0M	$167.1M	150x	as long as short
Polymarket Perps GOLD-USDshort	+0.0158%	1h	4,331.8	+0.093%	$4.3M	$1.7M	20x
Deribit GOLD_USDC-PERPETUAL	+0.0166%	1h	4,330.1	+0.054%	$135K	$662K	25x	as long as short
Phemex XAUUSDT	+0.0177%	4h	4,334.5	+0.155%	$2.3M	$777K	100x	as long as short
Bullet GOLD-USD	+0.0178%	1h	4,331.8	+0.093%	$59K	$77K	10x	as long as short
Extended XAU-USD	+0.0192%	1h	4,327.8	+0.001%	$12.5M	$34.3M	25x	as long as short
Bitget XAUUSDT	+0.0200%	4h	4,332.1	+0.099%	$72.6M	$139.8M	100x	as long as short
RISEx XAU/USDC	+0.0205%	1h	4,332.4	+0.108%	$4.7M	$13.3M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0230%	8h	4,332.3	+0.105%	$171.1M	$362.1M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0254%	1h	4,328.9	+0.025%	$583K	$166K	25x	as long as short
BloFin XAU-USDT	+0.0325%	4h	4,332.8	+0.116%	$16.4M	$5.2M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0461% / S −0.0308%	1h	4,332.1	+0.099%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.1037%	4h	4,338.4	+0.245%	$3.2M	$7.1M	75x	as long as short