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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAU/USD | 4,339.5 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 37m 08s | $271K | — | 250x |
| Short | Ondo Perps XAU-USD.P | 4,338.7 | 0.0050 | get 0.0006% / 1h | 37m 08s | $15.1M | $56.9M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 47 min ago | 130.01 bp | 133.5 bp −$134 | 196.7 bp −$1,967 | 1352.9 bp −$135.3K | 5907.8 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,347.7 | +0.187% | $92K | $8.7M | 20x | as long as short |
| Bluefin GOLD-PERP | +0.0002% | 1h | 4,335.5 | −0.093% | $25K | $14K | 20x | as long as short |
| gTrade (Gains Network) XAU/USDlong | L +0.0002% / S −0.0003% | 1h | 4,339.5 | long leg | $271K | — | 250x | |
| RISEx XAU/USDC | +0.0005% | 1h | 4,341.2 | +0.038% | $3.5M | $12.1M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,338.7 | −0.019% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,339.2 | −0.007% | $13.3M | $37.4M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.251% | $619 | $54 | 52x | as long as short |
| Gate XAU_USDT | +0.0038% | 4h | 4,344.8 | +0.122% | $268.0M | $414.5M | 100x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,344.3 | +0.109% | $20.1M | $39.3M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,341.9 | +0.054% | $3.8M | $4.5M | 40x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUUSDT | +0.0041% | 4h | 4,343.8 | +0.099% | $80.3M | $151.9M | 150x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,340.3 | +0.018% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,375.1 | +0.819% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,342.1 | +0.058% | $20.8M | $34.5M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,340 | +0.011% | $293.6M | $49.2M | 25x | as long as short |
| Ondo Perps XAU-USD.Pshort | +0.0050% | 1h | 4,338.7 | −0.021% | $15.1M | $56.9M | 25x | |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,339 | −0.012% | $4.3M | $37.4M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,339.5 | −0.001% | $2.1M | $4.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0081% | 4h | 4,344.4 | +0.112% | $71.5M | $332.3M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,341.7 | +0.050% | $19K | $5K | 5x | as long as short |
| Variational Omni XAU | +0.0087% | 4h | 4,340.5 | +0.021% | $48.3M | $27.7M | — | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,338.1 | −0.033% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,337.5 | −0.046% | $274K | $203K | 50x | as long as short |
| MEXC XAU_USDT | +0.0104% | 4h | 4,343.4 | +0.089% | $370.3M | $319.4M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,342 | +0.057% | $161K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0107% | 4h | 4,343.4 | +0.089% | $417.6M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0112% | 4h | 4,336.6 | −0.067% | $30.2M | $58.3M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,339.5 | −0.001% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0178% | 4h | 4,341.1 | +0.036% | $1.4M | $2.9M | 25x | as long as short |
| Bullet GOLD-USD | +0.0214% | 1h | 4,343.1 | +0.083% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0216% | 1h | 4,342.6 | +0.071% | $4.3M | $1.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0250% | 4h | 4,343.6 | +0.093% | $71.1M | $109.3M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0257% | 1h | 4,341.7 | +0.050% | $205K | $828K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,340.3 | +0.016% | $592K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0294% | 4h | 4,345.1 | +0.127% | $2.2M | $967K | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0319% | 8h | 4,344.5 | +0.114% | $166.8M | $281.9M | 100x | as long as short |
| BloFin XAU-USDT | +0.0379% | 4h | 4,343 | +0.079% | $15.7M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0427% / S −0.0252% | 1h | 4,343.7 | +0.096% | $250K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0618% | 4h | 4,346.4 | +0.158% | $2.8M | $4.6M | 75x | as long as short |
gTrade (Gains Network) XAU/USD
SunX XAU-USDT
Bluefin GOLD-PERP
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Gate XAU_USDT
Lighter RH XAU
StandX XAU-USD
Bybit XAUUSDT
Lighter XAU
tradeXYZ xyz:GOLD
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
Aster XAUUSD1
Paradex XAU-USD-PERP
Variational Omni XAU
Pacifica XAU
ApeX Omni XAUUSDT
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Phoenix GOLD
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT