Funding you earn now, next payment 06:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Ondo Perps against QFEX−0.055%7-day average −0.090% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.032%+$3 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now −0.055%, 7d avg −0.090%
=Together, before fees−0.014%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.035% dearer against QFEX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GOLD-USD | 4,332.7 | 0.0044 | pay 0.0005% / 1h | 8m 11s | $5.5M | $2.1M | 20x |
| Short | Ondo Perps XAU-USD.P | 4,330.3 | 0.0050 | get 0.0006% / 1h | 8m 11s | $15.0M | $56.5M | 25x |
QFEX GOLD-USD
Ondo Perps XAU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.38
- Price spread: −0.055% → −0.090%
- $3.53
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$10.09
- Costs to cover
- 0.150%
- Break-even
- 58.3 days
Slippage unknown: QFEX: live order book, 6 min ago; 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 QFEX live order book, 6 min ago | 2.66 bp | 7.7 bp −$8 | 7.7 bp −$77 | 9.3 bp −$932 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0054% | 1h | 4,327.4 | −0.123% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,338.2 | +0.126% | $92K | $8.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,330.6 | −0.049% | $271K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0006% | 4h | 4,335.1 | +0.055% | $78.4M | $156.7M | 150x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,330.4 | −0.052% | $13.1M | $36.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.409% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,333.7 | +0.023% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USDlong | +0.0044% | 1h | 4,332.7 | long leg | $5.5M | $2.1M | 20x | |
| Vest GC-PERP | +0.0046% | 1h | 4,366.9 | +0.789% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,333 | +0.007% | $20.4M | $31.8M | 25x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Vest GC-PERP
Lighter XAUShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,330.6 | −0.048% | $292.0M | $51.6M | 25x | as long as short |
| Ondo Perps XAU-USD.Pshort | +0.0050% | 1h | 4,330.3 | −0.055% | $15.0M | $56.5M | 25x | |
| RISEx XAU/USDC | +0.0054% | 1h | 4,335.4 | +0.063% | $3.8M | $12.5M | 25x | as long as short |
| Gate XAU_USDT | +0.0062% | 4h | 4,335.5 | +0.063% | $273.0M | $417.6M | 100x | as long as short |
| Kalshi KXGOLDPERP | +0.0064% | 24h | 4,334.6 | +0.044% | $4.0M | $42.2M | 15x | as long as short |
| Paradex XAU-USD-PERP | +0.0072% | 8h | 4,334.2 | +0.036% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0072% | 1h | 4,335.4 | +0.061% | $19.9M | $39.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,330 | −0.062% | $2.0M | $4.8M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0088% | 1h | 4,330.3 | −0.055% | $32K | — | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0096% | 1h | 4,332.1 | −0.014% | $195K | $826K | 25x | as long as short |
| Aster XAUUSD1 | +0.0097% | 4h | 4,335.1 | +0.055% | $72.3M | $330.1M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,330.6 | −0.049% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,330 | −0.062% | $273K | $208K | 50x | as long as short |
| Variational Omni XAU | +0.0101% | 4h | 4,331.5 | −0.028% | $46.8M | $28.6M | — | as long as short |
| GRVT XAU_USDT_Perp | +0.0104% | 4h | 4,333.5 | +0.017% | $1.4M | $3.0M | 25x | as long as short |
| MEXC XAU_USDT | +0.0110% | 4h | 4,334.2 | +0.035% | $363.9M | $330.9M | 1000x | as long as short |
| Binance XAUUSDT | +0.0111% | 4h | 4,333.9 | +0.027% | $414.8M | $2.12B | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,333.1 | +0.010% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0126% | 4h | 4,327.8 | −0.113% | $30.1M | $60.3M | 50x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,326.6 | −0.141% | $47K | $77K | 25x | as long as short |
| Bullet GOLD-USD | +0.0160% | 1h | 4,334.3 | +0.036% | $58K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0176% | 1h | 4,334.4 | +0.039% | $4.2M | $2.0M | 20x | as long as short |
| HTX XAU-USDT | +0.0230% | 4h | 4,336.6 | +0.089% | $2.8M | $5.0M | 75x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0247% | 1h | 4,330.8 | −0.044% | $590K | $130K | 25x | as long as short |
| Bitget XAUUSDT | +0.0252% | 4h | 4,334.2 | +0.035% | $68.1M | $118.9M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0330% | 8h | 4,334.3 | +0.037% | $170.6M | $297.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0357% | 4h | 4,333.3 | +0.015% | $16.0M | $4.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0376% | 4h | 4,335.2 | +0.057% | $2.2M | $962K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0303% | 1h | 4,334.2 | +0.034% | $253K | — | 111x | as long as short |
tradeXYZ xyz:GOLD
RISEx XAU/USDC
Gate XAU_USDT
Kalshi KXGOLDPERP
Paradex XAU-USD-PERP
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Hotstuff GOLD-PERP
Deribit GOLD_USDC-PERPETUAL
Aster XAUUSD1
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_Perp
MEXC XAU_USDT
Binance XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Phoenix GOLD
Bullet GOLD-USD
Polymarket Perps GOLD-USD
HTX XAU-USDT
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]