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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h +0.031%
Price spread now: edgeX against Ondo Perps−0.121%114s7-day average +0.030% · 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+0.105%+$11 on $10k
Price spread, last 7 days+0.356%+$36 · spread now −0.121%, 7d avg +0.030%
Together, before fees+0.461%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.152% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.030%). If the spread goes back, that is −$15 on $10k: about 14 days of funding at the current rate (+$1 a day). The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAU-USD.P4,354.40.0050pay 0.0006% / 1h25m 39s$15.1M$57.3M25x
ShortedgeX XAUUSDC4,349.10.0087get 0.0043% / 4h1h 25m$30.3M$58.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$7.66
Price spread: −0.121% → +0.030%
−$15.2
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$21.54
Costs to cover
0.140%
Break-even
26.7 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 3 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 edgeX live order book, 3 min ago0.34 bp4.8 bp −$54.9 bp −$498.3 bp −$83436.9 bp −$18.5K
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
SunX XAU-USDT0.0000%4h4,361.9+0.172%$93K$9.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,352.6−0.040%$267K250xas long as short
Gate XAU_USDT+0.0008%4h4,359+0.106%$264.9M$412.5M100xas long as short
RISEx XAU/USDC+0.0010%1h4,357.7+0.077%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,354−0.008%$13.6M$38.9M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.090%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0039%24h4,354.7+0.008%$4.1M$37.0M15xas long as short
StandX XAU-USD+0.0040%1h4,356.4+0.047%$3.8M$4.6M40xas long as short
Aster XAUUSD1+0.0043%4h4,357.9+0.080%$70.5M$333.9M20xas long as short
Vest GC-PERP+0.0046%1h4,389.7+0.812%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,355.8+0.033%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,352.2−0.050%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,354.3−0.001%$294.2M$48.8M25xas long as short
Ondo Perps XAU-USD.Plong+0.0050%1h4,354.4long leg$15.1M$57.3M25x
GRVT XAU_USDT_Perp+0.0052%4h4,353.7−0.016%$1.4M$3.0M25xas long as short
Lighter XAU+0.0056%1h4,356.8+0.057%$20.7M$42.3M25xas long as short
Variational Omni XAU+0.0057%4h4,355.6+0.029%$48.3M$27.9Mas long as short
Lighter RH XAU+0.0064%1h4,359.1+0.108%$20.2M$39.7M25xas long as short
MEXC XAU_USDT+0.0074%4h4,357.9+0.081%$372.4M$318.8M1000xas long as short
Binance XAUUSDT+0.0074%4h4,357.7+0.077%$413.2M$2.10B100xas long as short
Paradex XAU-USD-PERP+0.0081%8h4,357.8+0.078%$19K$5K5xas long as short
edgeX XAUUSDCshort+0.0087%4h4,349.1−0.121%$30.3M$58.2M50x
Aevo XAU-PERP+0.0096%1h4,355.4+0.024%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,354.4+0.001%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,351−0.078%$275K$202K50xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0118%1h4,354.6+0.006%$258K$707K25xas long as short
Polymarket Perps GOLD-USD+0.0126%1h4,355.6+0.028%$4.3M$1.9M20xas long as short
Phemex XAUUSDT+0.0127%4h4,357.1+0.063%$2.2M$1.1M100xas long as short
Phoenix GOLD+0.0136%1h4,350.3−0.093%$47K$77K25xas long as short
Bybit XAUUSDT+0.0199%4h4,359.2+0.111%$84.6M$145.6M150xas long as short
Bullet GOLD-USD+0.0205%1h4,356+0.038%$59K$83K10xas long as short
Hotstuff GOLD-PERP+0.0208%1h4,352.9−0.034%$33K25xas long as short
Bitget XAUUSDT+0.0212%4h4,358.1+0.086%$70.3M$109.4M100xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,359.1+0.109%$165.1M$282.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,353.6−0.017%$594K$133K25xas long as short
BloFin XAU-USDT+0.0298%4h4,356+0.038%$15.5M$4.6M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0401% / S −0.0212%1h4,356.5+0.050%$249K111xas long as short
HTX XAU-USDT+0.0566%4h4,362.3+0.182%$2.9M$4.2M75xas long as short
Bluefin GOLD-PERP+0.0580%1h4,349.5−0.112%$25K$14K20xas long as short