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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against Ondo Perps+0.089%7-day average +0.110% · you sell dearer than you buy
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+0.118%+$12 on $10k
Price spread, last 3 days (all we have)+0.061%+$6 · spread now +0.089%, 7d avg +0.110%
Together, before fees+0.178%+ Points / potential airdropOndo Perps: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.021% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.089% now, against its 7-day average of +0.110%). If the spread goes back, that is −$2 on $10k: about 2.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAU-USD.P4,371.10.0050pay 0.0006% / 1h46m 09s$14.7M$57.4M25x
ShortAevo XAU-PERP4,3750.0080get 0.0010% / 1h46m 09s$162K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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
$6.22
Price spread: +0.089% → +0.110%
−$2.05
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$16.84
Costs to cover
0.210%
Break-even
26.0 days
Slippage unknown: Ondo Perps: no order-book sample; Aevo: live order book, 28 min ago. 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 Ondo Perps no order-book sample
Sell Aevo live order book, 28 min ago5.30 bp14.9 bp −$1527.8 bp −$278doesn't fitdoesn't fit
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−0.0105%1h4,369.4−0.039%$26K$21K20xas long as short
Aster XAUUSD10.0000%4h4,375.3+0.096%$71.2M$207.5M20xas long as short
Binance XAUUSDT0.0000%4h4,375.3+0.098%$410.1M$2.15B100xas long as short
Gate XAU_USDT0.0000%4h4,376.5+0.123%$266.3M$410.0M100xas long as short
MEXC XAU_USDT0.0000%4h4,375.4+0.098%$374.2M$321.4M1000xas long as short
Variational Omni XAU0.0000%4h4,375.1+0.093%$48.7M$27.7Mas long as short
Kalshi KXGOLDPERP0.0000%24h4,372.2+0.026%$4.0M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,380.2+0.209%$93K$10.4M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,371.6+0.011%$268K250xas long as short
Bitget XAUUSDT+0.0006%4h4,375.3+0.097%$69.7M$114.0M100xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XAUUSDC+0.0018%4h4,371.2+0.003%$30.4M$60.2M50xas long as short
Hotstuff GOLD-PERP+0.0024%1h4,372.6+0.035%$33K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.472%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,376.4+0.122%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,375.1+0.092%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,409.6+0.882%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,375.8+0.109%$3.4M$12.3M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,371.7+0.015%$294.7M$52.5M25xas long as short
Ondo Perps XAU-USD.Plong+0.0050%1h4,371.1long leg$14.7M$57.4M25x
Phoenix GOLD+0.0055%1h4,375.3+0.097%$48K$64K25xas long as short
Paradex XAU-USD-PERP+0.0070%8h4,375.2+0.095%$19K$5K5xas long as short
Lighter XAU+0.0072%1h4,374.9+0.089%$20.8M$43.4M25xas long as short
Lighter RH XAU+0.0080%1h4,376.5+0.125%$20.3M$40.9M25xas long as short
Aevo XAU-PERPshort+0.0080%1h4,375+0.089%$162K$8710x
Coinbase International GOLD-PERP-INTX+0.0096%1h4,372.2+0.026%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,372.5+0.033%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,373.2+0.049%$277K$204K50xas long as short
Polymarket Perps GOLD-USD+0.0108%1h4,374.6+0.081%$4.3M$1.8M20xas long as short
Extended XAU-USD+0.0120%1h4,371.3+0.006%$13.3M$44.1M25xas long as short
GRVT XAU_USDT_Perp+0.0138%4h4,376.4+0.123%$1.4M$3.1M25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0162%1h4,374+0.067%$236K$655K25xas long as short
Bybit XAUUSDT+0.0168%4h4,376.1+0.115%$83.4M$144.5M150xas long as short
OKX XAU-USDT-SWAP+0.0174%8h4,377.7+0.152%$166.3M$287.4M100xas long as short
Bullet GOLD-USD+0.0192%1h4,375.6+0.104%$59K$82K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,373.2+0.050%$596K$146K25xas long as short
BloFin XAU-USDT+0.0240%4h4,374.8+0.086%$15.0M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0390% / S −0.0197%1h4,376+0.112%$252K111xas long as short
Phemex XAUUSDT+0.0474%4h4,378.2+0.164%$2.2M$1.1M100xas long as short
HTX XAU-USDT+0.0582%4h4,380.4+0.213%$2.9M$3.8M75xas long as short