Funding you earn now, next payment 05:00 UTC−0.0045%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.020%
Price spread now: RISEx against Ondo Perps+0.078%7-day average +0.133% · 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)+0.041%+$4 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now +0.078%, 7d avg +0.133%
=Together, before fees+0.121%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.055% cheaper against Ondo Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAU-USD.P | 4,341.2 | 0.0050 | pay 0.0006% / 1h | 14m 59s | $15.0M | $56.9M | 25x |
| Short | RISEx XAU/USDC | 4,344.6 | 0.0005 | get 0.0001% / 1h | 14m 59s | $3.8M | $12.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.54
- Price spread: +0.078% → +0.133%
- −$5.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$26.05
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; RISEx: live order book, 4 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 RISEx live order book, 4 min ago | 0.01 bp | 3.7 bp −$4 | 4.9 bp −$49 | 37.1 bp −$3,708 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,348.3 | +0.164% | $92K | $8.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,340.1 | −0.025% | $272K | — | 250x | as long as short |
| RISEx XAU/USDCshort | +0.0005% | 1h | 4,344.6 | +0.078% | $3.8M | $12.5M | 25x | |
| Bluefin GOLD-PERP | +0.0011% | 1h | 4,337.5 | −0.086% | $25K | $14K | 20x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,340.1 | −0.025% | $13.3M | $37.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.212% | $619 | $54 | 52x | as long as short |
| Bybit XAUUSDT | +0.0039% | 4h | 4,345.3 | +0.094% | $79.9M | $152.1M | 150x | as long as short |
| Hotstuff GOLD-PERP | +0.0040% | 1h | 4,340.6 | −0.014% | $33K | — | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,345.1 | +0.090% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,343.7 | +0.058% | $5.6M | $2.1M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,376.7 | +0.818% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,340.7 | −0.012% | $293.6M | $49.2M | 25x | as long as short |
| Ondo Perps XAU-USD.Plong | +0.0050% | 1h | 4,341.2 | long leg | $15.0M | $56.9M | 25x | |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,342.2 | +0.023% | $4.3M | $37.4M | 15x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,343.1 | +0.045% | $20.7M | $34.7M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,339.3 | −0.044% | $2.1M | $4.7M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0062% | 8h | 4,343.8 | +0.061% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0072% | 1h | 4,345.5 | +0.100% | $20.2M | $40.1M | 25x | as long as short |
| Gate XAU_USDT | +0.0080% | 4h | 4,345.8 | +0.106% | $268.3M | $418.3M | 100x | as long as short |
| Aster XAUUSD1 | +0.0095% | 4h | 4,345.5 | +0.099% | $71.5M | $331.7M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,340.2 | −0.023% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,340.8 | −0.008% | $274K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0107% | 4h | 4,343.1 | +0.043% | $48.4M | $27.5M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,343.3 | +0.049% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,344.1 | +0.067% | $371.5M | $320.9M | 1000x | as long as short |
| Binance XAUUSDT | +0.0119% | 4h | 4,344.4 | +0.074% | $418.7M | $2.09B | 100x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,340.9 | −0.007% | $47K | $77K | 25x | as long as short |
| edgeX XAUUSDC | +0.0136% | 4h | 4,340.1 | −0.026% | $30.2M | $58.3M | 50x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0165% | 1h | 4,342.4 | +0.028% | $205K | $825K | 25x | as long as short |
| Phemex XAUUSDT | +0.0170% | 4h | 4,346.7 | +0.126% | $2.2M | $967K | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0172% | 4h | 4,344.3 | +0.071% | $1.4M | $2.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0209% | 1h | 4,343.6 | +0.055% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0210% | 1h | 4,344.1 | +0.068% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,340.5 | −0.016% | $592K | $132K | 25x | as long as short |
| Bitget XAUUSDT | +0.0270% | 4h | 4,344.9 | +0.085% | $71.1M | $109.3M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0327% | 8h | 4,345.1 | +0.090% | $167.2M | $282.7M | 100x | as long as short |
| BloFin XAU-USDT | +0.0359% | 4h | 4,344.1 | +0.067% | $15.7M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0427% / S −0.0252% | 1h | 4,344.1 | +0.068% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0501% | 4h | 4,346.8 | +0.129% | $2.8M | $4.6M | 75x | as long as short |
RISEx XAU/USDC
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bluefin GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
Bybit XAUUSDT
StandX XAU-USD
tradeXYZ xyz:GOLD
Kalshi KXGOLDPERP
Lighter XAU
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Lighter RH XAU
Gate XAU_USDT
Aster XAUUSD1
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
edgeX XAUUSDC
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
GRVT XAU_USDT_Perp
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT