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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.006%
Price spread now: StandX against Ondo Perps+0.094%7-day average +0.149% · 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+0.018%+$2 on $10k
Price spread, last 7 days+0.117%+$12 · spread now +0.094%, 7d avg +0.149%
Together, before fees+0.135%+ Points / potential airdropOndo Perps: Active · StandX: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and StandX 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 +0.149%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAU-USD.P4,359.20.0050pay 0.0006% / 1h1m 43s$14.8M$57.2M25x
ShortStandX XAU-USD4,363.30.0040get 0.0005% / 1h1m 43s$3.8M$4.7M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$2.18
Price spread: +0.094% → +0.149%
−$5.54
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$20.72
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; StandX: live order book, 2 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 StandX live order book, 2 min ago2.06 bp6.5 bp −$67.1 bp −$7110.2 bp −$1,02212.9 bp −$6,433
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
Aster XAUUSD10.0000%4h4,364.1+0.111%$69.9M$230.4M20xas long as short
Gate XAU_USDT0.0000%4h4,363.9+0.108%$264.9M$423.1M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,360.8+0.037%$4.0M$36.7M15xas long as short
SunX XAU-USDT0.0000%4h4,368.1+0.203%$93K$10.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,359.9+0.015%$270K250xas long as short
Variational Omni XAU+0.0029%4h4,362.2+0.069%$48.4M$28.5Mas long as short
Extended XAU-USD+0.0032%1h4,359.4+0.004%$13.5M$43.5M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.201%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,363.3+0.094%$3.8M$4.7M40x
QFEX GOLD-USD+0.0045%1h4,363+0.087%$5.6M$1.9M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,396.9+0.865%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,363.4+0.096%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,359.20.000%$294.2M$51.7M25xas long as short
MEXC XAU_USDT+0.0050%4h4,363.2+0.092%$373.0M$331.6M1000xas long as short
Ondo Perps XAU-USD.Plong+0.0050%1h4,359.2long leg$14.8M$57.2M25x
Phoenix GOLD+0.0055%1h4,359.6+0.009%$48K$64K25xas long as short
Binance XAUUSDT+0.0056%4h4,363.3+0.093%$411.7M$2.14B100xas long as short
edgeX XAUUSDC+0.0062%4h4,356−0.074%$30.3M$60.4M50xas long as short
Lighter XAU+0.0072%1h4,361.7+0.058%$20.6M$44.5M25xas long as short
Paradex XAU-USD-PERP+0.0087%8h4,363.2+0.091%$19K$5K5xas long as short
Lighter RH XAU+0.0088%1h4,364.2+0.115%$20.2M$41.5M25xas long as short
Aevo XAU-PERP+0.0096%1h4,362.8+0.083%$162K$8710xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,358.7−0.011%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,359.6+0.009%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,359.4+0.004%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,356.1−0.072%$26K$22K20xas long as short
Bitget XAUUSDT+0.0104%4h4,363.1+0.090%$69.7M$112.5M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0117%1h4,362.4+0.073%$235K$658K25xas long as short
Polymarket Perps GOLD-USD+0.0117%1h4,362.4+0.073%$4.3M$1.8M20xas long as short
Hotstuff GOLD-PERP+0.0120%1h4,359.5+0.007%$33K25xas long as short
GRVT XAU_USDT_Perp+0.0142%4h4,362.6+0.079%$1.4M$3.1M25xas long as short
Bybit XAUUSDT+0.0197%4h4,363.9+0.108%$83.8M$144.8M150xas long as short
BloFin XAU-USDT+0.0207%4h4,362.7+0.081%$15.4M$4.6M100xas long as short
Bullet GOLD-USD+0.0213%1h4,363.7+0.103%$59K$82K10xas long as short
OKX XAU-USDT-SWAP+0.0214%8h4,364.2+0.115%$164.2M$288.5M100xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,361.1+0.044%$595K$141K25xas long as short
Phemex XAUUSDT+0.0298%4h4,364.5+0.121%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,364.1+0.113%$254K111xas long as short
HTX XAU-USDT+0.0555%4h4,367.4+0.187%$2.9M$3.9M75xas long as short