Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG4,189+0.0168pay 0.0021% / 1h59m 40s$827K$939K20xLong Popdex
SHORT4,216.1+0.0046get 0.0006% / 1h59m 40s$1.6M—25xShort Vest Markets+5% pts
Price gap+0.647%55s
Funding gap−0.0122% /8h

Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.106% under its 7d average. Swap the legs.

The two prices were read 55 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$10−0.0122% /8h now · paid −0.103% over the last 6 days (all we have)
Price—spread +0.647%55s now · prices read too far apart to compare
Costsno datano order book for Vest Markets
Result, before costs—+ Points / potential airdropVest Markets: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.647%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XAU on 41 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Vest Markets: its slippage is not counted.
  • Note: Margin at max leverage$500 + $400
    Popdex 20x, Vest Markets 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$3.67Long Popdex: 24 payments, −$5.04; short Vest Markets: 24 payments, +$1.37.
  • Watch: Prices read 55 s apart+0.647% vs +0.753%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$827K vs $1.6M OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legVest Markets points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · Vest Markets No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0057%/8h × 21 periods−$11.90
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Vest Markets—
Fee Popdex bp × 2 orders−$6.40
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k−$20.30
price spread not counted: prices read too far apart
Costs to cover0.084%Break-evennever at this rate
Slippage: Popdex: live order book, 18 min ago; Vest Markets: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex0.603.8 bp−$44.5 bp−$4543.0 bp−$4,301doesn’t fit
SELL · SHORTVest Markets—————

Closing costs about the same again.
Vest Markets: no data.

Alert

XAU news

posts that mention XAU or Gold, from every exchangeSearch all news →
09-30 02:07AvantisOtherThe macro backdrop hasn’t changed much, but the reactions across markets have. Yields are pushing back toward multi-decade highs and equities are struggling to get much traction. $XAU is bouncing after getting hit hard, while $BTC has managed to recover toward $84K. That divergence is where this week gets interesting, and the crew is diving in tomorrow at 12:30pm ET 📺 @verantaxyz on X ↗
09-29 13:32GRVTOtherUPDATE: 74 of 109 RWA markets traded in week one. Gold led, Korean semis second, US brokerage third. Makers paid on all of them. @grvt_io on X ↗
09-29 08:55ApeX OmniOtherQuiet tape. S&P -0.8%, NASDAQ -0.9%, gold and oil barely moved. The 10y keeps grinding: 5.240%, another 13bp since Thursday. bitcoin:native $83,983 +1.3%, $ETH $2,712 +2.6%. $31M into spot ETFs, an eighth straight day. Fear and greed 73. @OfficialApeXdex on X ↗
09-28 20:36BingXOtherCore PCE takes center stage Wednesday 👀 A cooler print could lift gold, while a hotter one may boost USD and pressure stocks. Trade $XAU on BingX TradFi 👇 @BingXOfficial on X ↗
09-28 15:58BingXOtherGold fell over $115 today to its lowest level since August. Higher bond yields, a stronger dollar, and high oil prices are pushing the market down 👀 @BingXOfficial on X ↗
09-28 15:17Ondo PerpsProductIntroducing spot trading for @Ondo Stocks. This brings the basis trade onto a single platform: 1. Buy Ondo Stocks 2. Deploy them as collateral 3. Short the corresponding perp to collect funding Because the spot holding doubles as long exposure and collateral, delta-neutral strategies become more capital efficient. Running both legs on a single platform also eliminates the risks of managing positions across separate platforms. Starting with 12 assets: ✅ Silver (SLVon) ✅ Gold (GLDon) ✅ Micron (MUon) ✅ Tesla (TSLAon) ✅ Circle (CRCLon) ✅ NVIDIA (NVDAon) ✅ SpaceX (SPCXon) ✅ Sandisk (SNDKon) ✅ Alphabet (GOOGLon) ✅ S&P 500 ETF (SPYon) ✅ Invesco QQQ (QQQon) ✅ Roundhill Memory ETF (DRAMon) ✅ & more to come For the first time, Ondo Stocks are available for permissionless trading (outside the US) on a spot central limit order book. Ondo Stocks opened access to tokenized equities, supporting them as collateral made those holdings productive, and now, spot trading on Ondo Perps brings the entire workflow to a single platform. Another step closer to onchain prime brokerage. To celebrate the launch, spot trading is fee-free for the first 30 days. Build a basis trade → @OndoPerps on X ↗