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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.018%
Price spread now: Ondo Perps against Aevo−0.073%7-day average −0.105% · 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−0.115%−$11 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.073%, 7d avg −0.105%
Together, before fees−0.185%+ Points / potential airdropOndo Perps: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.032% dearer against Aevo than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.105%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,323.70.0104pay 0.0013% / 1h32m 04s$160K$8710x
ShortOndo Perps XAU-USD.P4,320.50.0050get 0.0006% / 1h32m 04s$15.0M$55.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. 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
−$11.26
Price spread: −0.073% → −0.105%
$3.18
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$29.08
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 7 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 Aevo live order book, 7 min ago5.13 bp15.2 bp −$1527.0 bp −$270doesn't fitdoesn't fit
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
Hotstuff GOLD-PERP−0.0096%1h4,322.5−0.028%$32K25xas long as short
Bluefin GOLD-PERP−0.0086%1h4,318.6−0.118%$25K$1K20xas long as short
SunX XAU-USDT0.0000%4h4,328.4+0.108%$92K$7.3M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,321.6−0.049%$270K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.618%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,327.2+0.081%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0045%1h4,323.3−0.009%$5.4M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,356.6+0.761%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,321.5−0.051%$291.7M$51.5M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,320.5−0.073%$15.0M$55.6M25x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0053%4h4,325.7+0.047%$77.6M$152.8M150xas long as short
Aster XAUUSD1+0.0057%4h4,326.1+0.055%$72.9M$272.0M20xas long as short
Lighter XAU+0.0064%1h4,323−0.016%$20.5M$29.4M25xas long as short
Paradex XAU-USD-PERP+0.0065%8h4,323.9+0.006%$2K$14K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,320.5−0.074%$2.1M$4.8M25xas long as short
Variational Omni XAU+0.0089%4h4,324.9+0.028%$47.2M$29.3Mas long as short
Kalshi KXGOLDPERP+0.0093%24h4,325.7+0.046%$3.8M$44.6M15xas long as short
Phoenix GOLD+0.0096%1h4,323.3−0.009%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,321−0.063%$1.4M$1.2M10xas long as short
MEXC XAU_USDT+0.0100%4h4,324.2+0.011%$362.8M$327.8M1000xas long as short
GRVT XAU_USDT_Perp+0.0100%4h4,326.8+0.071%$1.4M$3.0M25xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,322.7−0.023%$272K$208K50xas long as short
Binance XAUUSDT+0.0101%4h4,324.6+0.021%$425.1M$2.13B100xas long as short
Aevo XAU-PERPlong+0.0104%1h4,323.7long leg$160K$8710x
Gate XAU_USDT+0.0108%4h4,326.3+0.059%$285.6M$416.6M100xas long as short
edgeX XAUUSDC+0.0117%4h4,323.1−0.014%$30.1M$59.6M50xas long as short
Lighter RH XAU+0.0120%1h4,325.7+0.045%$20.0M$39.2M25xas long as short
Extended XAU-USD+0.0128%1h4,320−0.086%$13.2M$36.8M25xas long as short
Bitget XAUUSDT+0.0194%4h4,324.2+0.012%$70.1M$118.5M100xas long as short
Bullet GOLD-USD+0.0206%1h4,324.4+0.016%$58K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0219%1h4,324.4+0.016%$4.3M$1.9M20xas long as short
Kraken Futures PF_XAUUSD+0.0228%1h4,322.1−0.037%$578K$135K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0236%1h4,322.4−0.030%$163K$872K25xas long as short
OKX XAU-USDT-SWAP+0.0276%8h4,324.9+0.028%$173.8M$299.0M100xas long as short
BloFin XAU-USDT+0.0341%4h4,324.9+0.028%$16.4M$4.6M100xas long as short
Phemex XAUUSDT+0.0370%4h4,327.2+0.081%$2.2M$975K100xas long as short
HTX XAU-USDT+0.0424%4h4,331.1+0.170%$3.2M$5.9M75xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0462% / S −0.0307%1h4,324.3+0.013%$253K111xas long as short
RISEx XAU/USDC+0.0643%1h4,325+0.030%$4.6M$13.3M25xas long as short