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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.009%
Price spread now: Ondo Perps against StandX−0.030%7-day average −0.147% · you buy dearer than you sell
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−0.019%−$2 on $10k
Price spread, last 7 days−0.080%−$8 · spread now −0.030%, 7d avg −0.147%
Together, before fees−0.099%+ Points / potential airdropStandX: Active · Ondo Perps: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Ondo Perps is 0.117% dearer against StandX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,350.40.0040pay 0.0005% / 1h47m 13s$3.8M$4.7M40x
ShortOndo Perps XAU-USD.P4,349.10.0050get 0.0006% / 1h47m 13s$14.5M$55.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against StandX. 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: −0.030% → −0.147%
$11.73
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$0.91
Costs to cover
0.130%
Break-even
4.1 days
Slippage unknown: StandX: live order book, 2 min ago; Ondo Perps: no order-book sample. 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 StandX live order book, 2 min ago0.12 bp7.2 bp −$77.3 bp −$737.6 bp −$7629.7 bp −$4,856
Sell Ondo Perps no order-book sample
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
Kraken Futures PF_XAUUSD−0.0175%1h4,351.1+0.016%$600K$160K25xas long as short
tradeXYZ xyz:GOLD−0.0059%1h4,348.8−0.037%$292.8M$53.5M25xas long as short
Aster XAUUSD10.0000%4h4,353.7+0.075%$71.3M$238.6M20xas long as short
Binance XAUUSDT0.0000%4h4,353.3+0.068%$410.1M$2.09B100xas long as short
Bybit XAUUSDT0.0000%4h4,353.7+0.077%$82.5M$141.8M150xas long as short
RISEx XAU/USDC0.0000%1h4,353.5+0.072%$3.4M$12.5M25xas long as short
Gate XAU_USDT0.0000%4h4,354.3+0.090%$271.0M$407.0M100xas long as short
MEXC XAU_USDT0.0000%4h4,353.3+0.067%$374.9M$349.1M1000xas long as short
Bitget XAUUSDT0.0000%4h4,353.4+0.069%$67.3M$110.8M100xas long as short
Variational Omni XAU0.0000%4h4,351.3+0.021%$47.9M$32.5Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XAU_USDT_Perp0.0000%4h4,352.5+0.048%$1.4M$3.2M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,351+0.014%$3.9M$34.0M15xas long as short
SunX XAU-USDT0.0000%4h4,357.4+0.161%$93K$10.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,349.9−0.011%$267K10xas long as short
QFEX GOLD-USD+0.0002%1h4,352+0.037%$5.5M$1.9M20xas long as short
edgeX XAUUSDC+0.0014%4h4,346.6−0.088%$30.3M$58.2M50xas long as short
Lighter XAU+0.0032%1h4,351.6+0.028%$20.8M$43.4M25xas long as short
Lighter RH XAU+0.0032%1h4,353.4+0.070%$20.2M$41.1M25xas long as short
Extended XAU-USD+0.0032%1h4,349.9−0.012%$13.0M$49.6M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.40.000%$619$5452xas long as short
HTX XAU-USDT+0.0039%4h4,356.9+0.150%$2.8M$3.8M75xas long as short
StandX XAU-USDlong+0.0040%1h4,350.4long leg$3.8M$4.7M40x
Vest GC-PERP+0.0046%1h4,387.3+0.848%$1.0M25xas long as short
Hotstuff GOLD-PERP+0.0048%1h4,348.5−0.044%$33K25xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,351.8+0.032%$4.3M$1.7M20xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,349.1−0.030%$14.5M$55.4M25x
Paradex XAU-USD-PERP+0.0051%8h4,353.5+0.071%$19K$6K5xas long as short
Aevo XAU-PERP+0.0080%1h4,352.7+0.053%$161K$8710xas long as short
Bullet GOLD-USD+0.0091%1h4,353.4+0.069%$59K$84K10xas long as short
Pacifica XAU+0.0100%1h4,350.1−0.007%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,349.7−0.016%$273K$204K50xas long as short
Phoenix GOLD+0.0109%1h4,348.8−0.037%$47K$65K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0118%1h4,351.8+0.032%$221K$853K25xas long as short
OKX XAU-USDT-SWAP+0.0164%8h4,354+0.083%$158.6M$268.3M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0208%1h4,350.8+0.009%$2.0M$5.1M25xas long as short
BloFin XAU-USDT+0.0240%4h4,353.5+0.072%$14.8M$4.3M100xas long as short
Phemex XAUUSDT+0.0318%4h4,354.1+0.086%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0450% / S −0.0246%1h4,353.4+0.069%$251K29xas long as short
Bluefin GOLD-PERP+0.0660%1h4,349.9−0.012%$26K$21K20xas long as short