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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.021%
Price spread now: Ondo Perps against Aster−0.099%7-day average −0.138% · 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−0.057%−$6 on $10k
Price spread, last 7 days−0.218%−$22 · spread now −0.099%, 7d avg −0.138%
Together, before fees−0.275%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.039% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.138%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XAUUSD14,358.70get 0.0000% / 4h2h 36m$70.2M$293.2M20x
ShortOndo Perps XAU-USD.P4,354.30.0050get 0.0006% / 1h36m 04s$14.9M$57.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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
$10.58
Price spread: −0.099% → −0.138%
$3.89
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$1.47
Costs to cover
0.130%
Break-even
6.0 days
Slippage unknown: Aster: live order book, 3 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 Aster live order book, 3 min ago0.01 bp4.0 bp −$44.8 bp −$4816.6 bp −$1,662doesn'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
Bluefin GOLD-PERP−0.0317%1h4,349.8−0.202%$25K$14K20xas long as short
Aster XAUUSD1long0.0000%4h4,358.7long leg$70.2M$293.2M20x
Gate XAU_USDT0.0000%4h4,359.2+0.012%$263.5M$408.3M100xas long as short
Kalshi KXGOLDPERP0.0000%24h4,354.2−0.102%$4.1M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,361.3+0.060%$93K$9.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,353.5−0.118%$270K250xas long as short
Extended XAU-USD+0.0032%1h4,353.8−0.111%$13.6M$43.0M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,352.8−0.134%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.189%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,356−0.061%$3.8M$4.7M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest GC-PERP+0.0046%1h4,390.7+0.735%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,356.9−0.041%$20.7M$43.5M25xas long as short
Lighter RH XAU+0.0048%1h4,359.2+0.011%$20.1M$40.8M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,354.7−0.091%$294.1M$48.4M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,354.3−0.099%$14.9M$57.8M25x
QFEX GOLD-USD+0.0051%1h4,356.7−0.045%$5.6M$1.9M20xas long as short
Polymarket Perps GOLD-USD+0.0060%1h4,356.4−0.052%$4.3M$1.9M20xas long as short
Variational Omni XAU+0.0069%4h4,356.5−0.049%$48.3M$28.4Mas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,354.6−0.093%$2.0M$5.0M25xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,357−0.037%$19K$5K5xas long as short
edgeX XAUUSDC+0.0084%4h4,350.2−0.194%$30.3M$60.6M50xas long as short
MEXC XAU_USDT+0.0084%4h4,357.6−0.025%$373.6M$322.2M1000xas long as short
Binance XAUUSDT+0.0086%4h4,358−0.015%$409.6M$2.10B100xas long as short
Pacifica XAU+0.0100%1h4,352.7−0.137%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,353.9−0.110%$275K$204K50xas long as short
Aevo XAU-PERP+0.0104%1h4,356.4−0.053%$161K$8710xas long as short
Phoenix GOLD+0.0121%1h4,355.1−0.082%$48K$64K25xas long as short
RISEx XAU/USDC+0.0135%1h4,357−0.038%$3.4M$12.4M25xas long as short
GRVT XAU_USDT_Perp+0.0136%4h4,357.5−0.027%$1.4M$2.9M25xas long as short
Bitget XAUUSDT+0.0152%4h4,357.8−0.019%$69.2M$109.7M100xas long as short
Bullet GOLD-USD+0.0156%1h4,357.4−0.029%$59K$83K10xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0186%1h4,356.3−0.054%$234K$661K25xas long as short
Bybit XAUUSDT+0.0190%4h4,359.3+0.015%$84.2M$143.6M150xas long as short
OKX XAU-USDT-SWAP+0.0226%8h4,359.6+0.022%$165.0M$284.2M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,354.9−0.087%$594K$141K25xas long as short
BloFin XAU-USDT+0.0286%4h4,364.8+0.141%$15.5M$4.6M100xas long as short
Phemex XAUUSDT+0.0381%4h4,361.1+0.056%$2.2M$1.1M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0394% / S −0.0199%1h4,357.1−0.035%$253K111xas long as short
HTX XAU-USDT+0.0523%4h4,362.7+0.092%$2.9M$3.9M75xas long as short