XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: Ondo Perps against Injective−0.536%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.536% cheaper against Injective than usual: you would sell low and buy high (spread −0.536% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$54 on $10k: about 3 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XAU/USDC PERP	4,350.4	0.0033	pay 0.0004% / 1h	5m 49s	$619	$54	52x
Short	Ondo Perps XAU-USD.P	4,327.1	0.0050	get 0.0006% / 1h	5m 49s	$15.1M	$57.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. 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

Position, each leg$Hold fordaysFee InjectivebpFee Ondo PerpsbpOrdersPrice spread, now −0.536%Rate

Funding earned: $3.58
Price spread: −0.536% → 0.000%: −$53.63
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$55.06
Costs to cover: 0.050%
Break-even: 114.5 days

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Injective and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff GOLD-PERP	−0.8192%	1h	4,328.4	−0.506%	$32K	—	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,339.2	−0.257%	$92K	$6.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,331.5	−0.434%	$275K	—	250x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0024%	1h	4,327.1	−0.536%	$2.1M	$5.2M	25x	as long as short
Injective XAU/USDC PERPlong	+0.0033%	1h	4,350.4	long leg	$619	$54	52x
QFEX GOLD-USD	+0.0038%	1h	4,331.1	−0.444%	$6.7M	$3.2M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,326.9	−0.541%	$3.8M	$4.5M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,364.1	+0.314%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,331.9	−0.426%	$292.4M	$52.7M	25x	as long as short
Ondo Perps XAU-USD.Pshort	+0.0050%	1h	4,327.1	−0.536%	$15.1M	$57.9M	25x

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XAU-USD-PERP	+0.0055%	8h	4,331.4	−0.438%	$2K	$13K	5x	as long as short
RISEx XAU/USDC	+0.0056%	1h	4,332.4	−0.415%	$4.7M	$13.5M	25x	as long as short
Phoenix GOLD	+0.0076%	1h	4,322	−0.653%	$43K	$72K	25x	as long as short
Aster XAUUSD1	+0.0076%	4h	4,337.8	−0.289%	$73.6M	$275.0M	20x	as long as short
Variational Omni XAU	+0.0089%	4h	4,324.5	−0.596%	$47.2M	$29.3M	—	as long as short
Lighter XAU	+0.0096%	1h	4,334.7	−0.361%	$20.3M	$30.3M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,328.6	−0.502%	$1.4M	$1.3M	10x	as long as short
Gate XAU_USDT	+0.0100%	4h	4,338.4	−0.277%	$303.6M	$448.7M	100x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,321.6	−0.663%	$284K	$223K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,326.1	−0.559%	$25K	$1K	20x	as long as short
Bybit XAUUSDT	+0.0109%	4h	4,338.7	−0.270%	$80.8M	$171.5M	150x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,336.2	−0.328%	$361.6M	$364.4M	1000x	as long as short
Binance XAUUSDT	+0.0112%	4h	4,336.2	−0.326%	$445.8M	$2.40B	100x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,330.7	−0.453%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0116%	4h	4,322.9	−0.634%	$30.2M	$66.3M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0116%	4h	4,325.6	−0.571%	$1.4M	$3.1M	25x	as long as short
Kalshi KXGOLDPERP	+0.0133%	24h	4,334.8	−0.359%	$3.5M	$50.5M	15x	as long as short
Polymarket Perps GOLD-USD	+0.0136%	1h	4,330.8	−0.451%	$4.3M	$1.7M	20x	as long as short
Extended XAU-USD	+0.0152%	1h	4,330.6	−0.457%	$12.7M	$34.8M	25x	as long as short
Lighter RH XAU	+0.0160%	1h	4,337	−0.308%	$19.8M	$40.7M	25x	as long as short
Bullet GOLD-USD	+0.0197%	1h	4,332.2	−0.418%	$59K	$76K	10x	as long as short
Bitget XAUUSDT	+0.0216%	4h	4,337.5	−0.297%	$74.5M	$135.5M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0245%	8h	4,338	−0.285%	$171.1M	$356.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0258%	1h	4,333.2	−0.396%	$135K	$747K	25x	as long as short
Phemex XAUUSDT	+0.0306%	4h	4,335.3	−0.348%	$2.2M	$782K	100x	as long as short
BloFin XAU-USDT	+0.0351%	4h	4,332	−0.423%	$16.3M	$5.3M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0411%	1h	4,330.3	−0.463%	$583K	$165K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0460% / S −0.0307%	1h	4,335.5	−0.343%	$253K	—	111x	as long as short
HTX XAU-USDT	+0.1128%	4h	4,341	−0.217%	$3.2M	$7.0M	75x	as long as short