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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Ondo Perps against gTrade (Gains Network)−0.021%7-day average −0.007% · 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 3 days (all we have)+0.049%+$5 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.021%, 7d avg −0.007%
Together, before fees−0.020%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAU/USD4,339.5L +0.0002% / S −0.0003%pay 0.0000% / 1h37m 08s$271K250x
ShortOndo Perps XAU-USD.P4,338.70.0050get 0.0006% / 1h37m 08s$15.1M$56.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against gTrade (Gains Network). 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
$10.1
Price spread: −0.021% → −0.007%
−$1.4
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$3.3
Costs to cover
0.120%
Break-even
9.3 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 47 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 gTrade (Gains Network) virtual book (oracle venue), 47 min ago130.01 bp133.5 bp −$134196.7 bp −$1,9671352.9 bp −$135.3K5907.8 bp −$2.95M
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
SunX XAU-USDT0.0000%4h4,347.7+0.187%$92K$8.7M20xas long as short
Bluefin GOLD-PERP+0.0002%1h4,335.5−0.093%$25K$14K20xas long as short
gTrade (Gains Network) XAU/USDlongL +0.0002% / S −0.0003%1h4,339.5long leg$271K250x
RISEx XAU/USDC+0.0005%1h4,341.2+0.038%$3.5M$12.1M25xas long as short
Hotstuff GOLD-PERP+0.0016%1h4,338.7−0.019%$33K25xas long as short
Extended XAU-USD+0.0032%1h4,339.2−0.007%$13.3M$37.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.251%$619$5452xas long as short
Gate XAU_USDT+0.0038%4h4,344.8+0.122%$268.0M$414.5M100xas long as short
Lighter RH XAU+0.0040%1h4,344.3+0.109%$20.1M$39.3M25xas long as short
StandX XAU-USD+0.0040%1h4,341.9+0.054%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0041%4h4,343.8+0.099%$80.3M$151.9M150xas long as short
QFEX GOLD-USD+0.0042%1h4,340.3+0.018%$5.5M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,375.1+0.819%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,342.1+0.058%$20.8M$34.5M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,340+0.011%$293.6M$49.2M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,338.7−0.021%$15.1M$56.9M25x
Kalshi KXGOLDPERP+0.0051%24h4,339−0.012%$4.3M$37.4M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.5−0.001%$2.1M$4.8M25xas long as short
Aster XAUUSD1+0.0081%4h4,344.4+0.112%$71.5M$332.3M20xas long as short
Paradex XAU-USD-PERP+0.0085%8h4,341.7+0.050%$19K$5K5xas long as short
Variational Omni XAU+0.0087%4h4,340.5+0.021%$48.3M$27.7Mas long as short
Pacifica XAU+0.0100%1h4,338.1−0.033%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,337.5−0.046%$274K$203K50xas long as short
MEXC XAU_USDT+0.0104%4h4,343.4+0.089%$370.3M$319.4M1000xas long as short
Aevo XAU-PERP+0.0104%1h4,342+0.057%$161K$8710xas long as short
Binance XAUUSDT+0.0107%4h4,343.4+0.089%$417.6M$2.09B100xas long as short
edgeX XAUUSDC+0.0112%4h4,336.6−0.067%$30.2M$58.3M50xas long as short
Phoenix GOLD+0.0136%1h4,339.5−0.001%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0178%4h4,341.1+0.036%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0214%1h4,343.1+0.083%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0216%1h4,342.6+0.071%$4.3M$1.9M20xas long as short
Bitget XAUUSDT+0.0250%4h4,343.6+0.093%$71.1M$109.3M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0257%1h4,341.7+0.050%$205K$828K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,340.3+0.016%$592K$132K25xas long as short
Phemex XAUUSDT+0.0294%4h4,345.1+0.127%$2.2M$967K100xas long as short
OKX XAU-USDT-SWAP+0.0319%8h4,344.5+0.114%$166.8M$281.9M100xas long as short
BloFin XAU-USDT+0.0379%4h4,343+0.079%$15.7M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,343.7+0.096%$250K111xas long as short
HTX XAU-USDT+0.0618%4h4,346.4+0.158%$2.8M$4.6M75xas long as short