XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0049%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.245%

Price spread now: Bluefin against Ondo Perps−0.073%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bluefin is 0.073% cheaper against Ondo Perps than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAU-USD.P	4,338.7	0.0050	pay 0.0006% / 1h	36m 55s	$15.1M	$56.9M	25x
Short	Bluefin GOLD-PERP	4,335.5	0.0002	get 0.0000% / 1h	36m 55s	$25K	$14K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee BluefinbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$10.19
Price spread: −0.073% → 0.000%: −$7.28
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$29.47
Costs to cover: 0.120%
Break-even: never at this rate

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

Ondo Perps and Bluefin: 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	+0.208%	$92K	$8.7M	20x	as long as short
Bluefin GOLD-PERPshort	+0.0002%	1h	4,335.5	−0.073%	$25K	$14K	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,339.5	+0.021%	$271K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,341.2	+0.058%	$3.5M	$12.1M	25x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,338.7	+0.001%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,339.2	+0.013%	$13.3M	$37.4M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.271%	$619	$54	52x	as long as short
Gate XAU_USDT	+0.0038%	4h	4,344.8	+0.142%	$268.0M	$414.6M	100x	as long as short
Lighter RH XAU	+0.0040%	1h	4,344.3	+0.129%	$20.1M	$39.3M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,341.9	+0.075%	$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	4,343.4	+0.110%	$80.2M	$152.2M	150x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,340.3	+0.038%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,375.1	+0.840%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,342.1	+0.079%	$20.8M	$34.5M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,339.8	+0.027%	$293.6M	$49.2M	25x	as long as short
Ondo Perps XAU-USD.Plong	+0.0050%	1h	4,338.7	long leg	$15.1M	$56.9M	25x
Kalshi KXGOLDPERP	+0.0051%	24h	4,339	+0.008%	$4.3M	$37.4M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,339.5	+0.020%	$2.1M	$4.8M	25x	as long as short
Aster XAUUSD1	+0.0081%	4h	4,344.5	+0.135%	$71.5M	$332.3M	20x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,341.7	+0.070%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0087%	4h	4,340.5	+0.042%	$48.3M	$27.7M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,338.1	−0.013%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,337.5	−0.026%	$274K	$203K	50x	as long as short
MEXC XAU_USDT	+0.0104%	4h	4,343.3	+0.108%	$370.4M	$319.4M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,342	+0.078%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0107%	4h	4,343.1	+0.101%	$417.6M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,336.6	−0.046%	$30.2M	$58.3M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,339.5	+0.020%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0178%	4h	4,341.1	+0.057%	$1.4M	$2.9M	25x	as long as short
Bullet GOLD-USD	+0.0214%	1h	4,343.1	+0.104%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,342.6	+0.091%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0250%	4h	4,343.2	+0.105%	$71.1M	$109.3M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0257%	1h	4,341.7	+0.070%	$205K	$828K	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,340.3	+0.037%	$592K	$132K	25x	as long as short
Phemex XAUUSDT	+0.0294%	4h	4,345.1	+0.148%	$2.2M	$967K	100x	as long as short
OKX XAU-USDT-SWAP	+0.0319%	8h	4,344.4	+0.133%	$166.8M	$281.9M	100x	as long as short
BloFin XAU-USDT	+0.0379%	4h	4,343	+0.099%	$15.7M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,343.7	+0.116%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0618%	4h	4,346.4	+0.178%	$2.8M	$4.6M	75x	as long as short