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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.1080%/8h= −118.3% APRpaid last 24h −0.098%
Price spread now: Ondo Perps against HTX−0.245%7-day average −0.176% · 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−0.062%−$6 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.245%, 7d avg −0.176%
Together, before fees−0.029%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Ondo Perps is 0.069% cheaper against HTX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.176%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XAU-USDT4,341.10.1130pay 0.0565% / 4h2h 04m$3.2M$7.0M75x
ShortOndo Perps XAU-USD.P4,330.50.0050get 0.0006% / 1h4m 42s$15.1M$58.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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
−$226.8
Price spread: −0.245% → −0.176%
−$6.91
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$250.71
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: HTX: 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 HTX live order book, 2 min ago0.01 bp6.9 bp −$79.1 bp −$9114.4 bp −$1,441doesn'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 exchanges

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−1.7424%1h4,329.7−0.263%$32K25xas long as short
SunX XAU-USDT0.0000%4h4,338−0.073%$92K$6.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,331.5−0.221%$275K250xas long as short
Coinbase International GOLD-PERP-INTX+0.0024%1h4,330.6−0.242%$2.1M$5.2M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.214%$619$5452xas long as short
QFEX GOLD-USD+0.0038%1h4,335.4−0.132%$6.7M$3.2M20xas long as short
StandX XAU-USD+0.0040%1h4,331.9−0.212%$3.8M$4.5M40xas long as short
Vest GC-PERP+0.0046%1h4,368.3+0.626%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,332.6−0.196%$292.4M$52.8M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,330.5−0.245%$15.1M$58.1M25x
Show all 39 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0055%8h4,334.1−0.162%$2K$13K5xas long as short
RISEx XAU/USDC+0.0056%1h4,336.4−0.108%$4.7M$13.5M25xas long as short
Phoenix GOLD+0.0076%1h4,322−0.440%$43K$72K25xas long as short
Aster XAUUSD1+0.0078%4h4,336.7−0.101%$73.6M$275.1M20xas long as short
Variational Omni XAU+0.0090%4h4,334.4−0.156%$47.3M$29.4Mas long as short
Lighter XAU+0.0096%1h4,334.8−0.146%$20.3M$30.5M25xas long as short
Pacifica XAU+0.0100%1h4,332.4−0.201%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,327.8−0.306%$284K$223K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,329.6−0.266%$25K$1K20xas long as short
Gate XAU_USDT+0.0102%4h4,336.1−0.116%$303.1M$449.2M100xas long as short
Bybit XAUUSDT+0.0109%4h4,336−0.119%$80.6M$171.5M150xas long as short
MEXC XAU_USDT+0.0110%4h4,334.6−0.149%$360.1M$365.0M1000xas long as short
Binance XAUUSDT+0.0112%4h4,335−0.141%$445.7M$2.40B100xas long as short
Aevo XAU-PERP+0.0112%1h4,333.7−0.171%$160K$8710xas long as short
GRVT XAU_USDT_Perp+0.0116%4h4,333.8−0.167%$1.4M$3.1M25xas long as short
edgeX XAUUSDC+0.0119%4h4,324.3−0.386%$30.2M$66.3M50xas long as short
Kalshi KXGOLDPERP+0.0133%24h4,336.5−0.106%$3.5M$50.6M15xas long as short
Polymarket Perps GOLD-USD+0.0136%1h4,335.8−0.122%$4.3M$1.7M20xas long as short
Extended XAU-USD+0.0152%1h4,329.4−0.269%$12.7M$34.8M25xas long as short
Lighter RH XAU+0.0160%1h4,336.4−0.108%$19.7M$41.0M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0189%1h4,331.7−0.217%$135K$747K25xas long as short
Bullet GOLD-USD+0.0197%1h4,336.2−0.114%$59K$76K10xas long as short
Bitget XAUUSDT+0.0218%4h4,335.7−0.124%$74.5M$135.6M100xas long as short
OKX XAU-USDT-SWAP+0.0245%8h4,335.3−0.134%$171.0M$356.4M100xas long as short
Phemex XAUUSDT+0.0268%4h4,334.6−0.151%$2.2M$782K100xas long as short
BloFin XAU-USDT+0.0351%4h4,333.5−0.174%$16.3M$5.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0410%1h4,332.5−0.198%$583K$165K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0307%1h4,333−0.186%$253K111xas long as short
HTX XAU-USDTlong+0.1130%4h4,341.1long leg$3.2M$7.0M75x