XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%

Price spread now: Injective against Ondo Perps+1.076%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Injective

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

The price spread pays, funding is against you. Injective is 1.076% dearer against Ondo Perps than usual: you sell high and buy low (spread +1.076% now, against zero (this spread has no 7-day history yet)): +$108 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAU-USD.P	4,304.1	0.0050	pay 0.0006% / 1h	6m 06s	$15.0M	$55.3M	25x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	6m 06s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +1.076%Rate

Funding earned: −$3.58
Price spread: +1.076% → 0.000%: $107.64
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $99.04
Costs to cover: 0.050%
Break-even: from the start

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

Ondo Perps and Injective: 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	4,311.1	+0.162%	$92K	$7.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,302.8	−0.031%	$268K	—	250x	as long as short
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	+1.076%	$619	$54	52x
QFEX GOLD-USD	+0.0045%	1h	4,306.4	+0.054%	$5.7M	$3.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,339.2	+0.816%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,303.5	−0.014%	$290.0M	$52.5M	25x	as long as short
Ondo Perps XAU-USD.Plong	+0.0050%	1h	4,304.1	long leg	$15.0M	$55.3M	25x
Aster XAUUSD1	+0.0057%	4h	4,307.8	+0.087%	$72.8M	$271.9M	20x	as long as short
Paradex XAU-USD-PERP	+0.0062%	8h	4,307.7	+0.083%	$2K	$14K	5x	as long as short
Bluefin GOLD-PERP	+0.0070%	1h	4,302.4	−0.040%	$25K	$1K	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0071%	4h	4,307.5	+0.078%	$77.2M	$155.3M	150x	as long as short
Lighter XAU	+0.0072%	1h	4,305.8	+0.039%	$20.2M	$30.2M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,303.5	−0.014%	$2.0M	$5.1M	25x	as long as short
Phoenix GOLD	+0.0096%	1h	4,313.9	+0.228%	$42K	$79K	25x	as long as short
Variational Omni XAU	+0.0100%	4h	4,316.5	+0.288%	$47.1M	$29.0M	—	as long as short
Kalshi KXGOLDPERP	+0.0100%	24h	4,309.2	+0.119%	$3.7M	$45.4M	15x	as long as short
Pacifica XAU	+0.0100%	1h	4,304.3	+0.005%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,313.5	+0.219%	$272K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,308.3	+0.098%	$19.9M	$40.2M	25x	as long as short
Extended XAU-USD	+0.0104%	1h	4,302.7	−0.033%	$13.2M	$36.6M	25x	as long as short
MEXC XAU_USDT	+0.0108%	4h	4,306.8	+0.063%	$365.9M	$341.1M	1000x	as long as short
Binance XAUUSDT	+0.0110%	4h	4,306.7	+0.061%	$428.9M	$2.16B	100x	as long as short
GRVT XAU_USDT_Perp	+0.0112%	4h	4,316.1	+0.278%	$1.4M	$3.0M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,306.4	+0.053%	$159K	$87	10x	as long as short
Gate XAU_USDT	+0.0118%	4h	4,308.7	+0.106%	$284.7M	$430.5M	100x	as long as short
Hotstuff GOLD-PERP	+0.0120%	1h	4,304.5	+0.010%	$32K	—	25x	as long as short
edgeX XAUUSDC	+0.0127%	4h	4,313.1	+0.210%	$30.0M	$59.8M	50x	as long as short
StandX XAU-USD	+0.0130%	1h	4,310.3	+0.144%	$3.8M	$4.5M	40x	as long as short
Bitget XAUUSDT	+0.0190%	4h	4,306.6	+0.059%	$70.4M	$121.4M	100x	as long as short
Bullet GOLD-USD	+0.0199%	1h	4,306.8	+0.063%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0222%	1h	4,307	+0.068%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0229%	1h	4,304.3	+0.005%	$573K	$138K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0263%	8h	4,307.1	+0.070%	$175.2M	$305.1M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0308%	1h	4,305.5	+0.033%	$136K	$865K	25x	as long as short
BloFin XAU-USDT	+0.0371%	4h	4,308.4	+0.100%	$16.5M	$5.0M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0464% / S −0.0311%	1h	4,306.9	+0.066%	$253K	—	111x	as long as short
Phemex XAUUSDT	+0.0472%	4h	4,311.1	+0.162%	$2.2M	$949K	100x	as long as short
HTX XAU-USDT	+0.0542%	4h	4,314.1	+0.233%	$3.2M	$6.1M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,307.4	+0.076%	$4.5M	$13.1M	25x	as long as short