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+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%
Price spread now: Ondo Perps against StandX−0.090%7-day average −0.149% · 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−0.017%−$2 on $10k
Price spread, last 7 days−0.175%−$17 · spread now −0.090%, 7d avg −0.149%
Together, before fees−0.192%+ Points / potential airdropStandX: Active · Ondo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Ondo Perps is 0.059% dearer against StandX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAU-USD4,358.90.0040pay 0.0005% / 1h24m 19s$3.8M$4.6M40x
ShortOndo Perps XAU-USD.P4,3550.0050get 0.0006% / 1h24m 19s$15.1M$57.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against StandX. 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
$2.18
Price spread: −0.090% → −0.149%
$5.88
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$4.93
Costs to cover
0.130%
Break-even
22.8 days
Slippage unknown: StandX: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 5 min ago1.95 bp8.2 bp −$88.8 bp −$889.7 bp −$96811.2 bp −$5,605
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XAU-USDT0.0000%4h4,362.7+0.087%$93K$9.2M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,354.6−0.099%$267K250xas long as short
Gate XAU_USDT+0.0006%4h4,359.5+0.014%$264.7M$413.0M100xas long as short
RISEx XAU/USDC+0.0010%1h4,358.4−0.011%$3.4M$12.4M25xas long as short
Extended XAU-USD+0.0032%1h4,355.1−0.087%$13.6M$38.8M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.195%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0039%24h4,355.7−0.073%$4.1M$37.0M15xas long as short
StandX XAU-USDlong+0.0040%1h4,358.9long leg$3.8M$4.6M40x
Aster XAUUSD1+0.0043%4h4,359+0.003%$70.6M$334.0M20xas long as short
Vest GC-PERP+0.0046%1h4,392.1+0.762%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0046%1h4,357.2−0.039%$5.6M$1.9M20xas long as short
Coinbase International GOLD-PERP-INTX+0.0048%1h4,354.9−0.092%$2.0M$4.9M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,354.9−0.092%$294.2M$48.7M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,355−0.090%$15.1M$57.2M25x
GRVT XAU_USDT_Perp+0.0054%4h4,357.1−0.042%$1.4M$3.0M25xas long as short
Lighter XAU+0.0056%1h4,357.8−0.025%$20.7M$42.3M25xas long as short
Variational Omni XAU+0.0057%4h4,355.6−0.075%$48.3M$27.9Mas long as short
Lighter RH XAU+0.0064%1h4,360.1+0.026%$20.2M$39.7M25xas long as short
Binance XAUUSDT+0.0074%4h4,358.1−0.018%$412.1M$2.10B100xas long as short
MEXC XAU_USDT+0.0074%4h4,358.6−0.006%$372.4M$318.8M1000xas long as short
Paradex XAU-USD-PERP+0.0080%8h4,358.8−0.002%$19K$5K5xas long as short
edgeX XAUUSDC+0.0093%4h4,349.4−0.218%$30.3M$58.3M50xas long as short
Aevo XAU-PERP+0.0096%1h4,357.8−0.026%$161K$8710xas long as short
Pacifica XAU+0.0100%1h4,355.1−0.086%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,353.9−0.114%$275K$203K50xas long as short
Hotstuff GOLD-PERP+0.0120%1h4,355.2−0.085%$33K25xas long as short
Phemex XAUUSDT+0.0122%4h4,359.2+0.006%$2.2M$1.1M100xas long as short
Polymarket Perps GOLD-USD+0.0124%1h4,357.8−0.025%$4.3M$1.9M20xas long as short
Phoenix GOLD+0.0136%1h4,350.3−0.197%$47K$77K25xas long as short
Bybit XAUUSDT+0.0199%4h4,359.6+0.016%$84.5M$145.4M150xas long as short
Bullet GOLD-USD+0.0200%1h4,358.4−0.012%$60K$83K10xas long as short
Bitget XAUUSDT+0.0212%4h4,359.5+0.014%$70.3M$109.4M100xas long as short
OKX XAU-USDT-SWAP+0.0253%8h4,359.2+0.007%$165.2M$282.7M100xas long as short
Kraken Futures PF_XAUUSD+0.0269%1h4,355.2−0.085%$594K$133K25xas long as short
BloFin XAU-USDT+0.0296%4h4,356.2−0.062%$15.5M$4.6M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0301%1h4,357.6−0.030%$278K$727K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0401% / S −0.0213%1h4,358.4−0.012%$249K111xas long as short
Bluefin GOLD-PERP+0.0463%1h4,351.3−0.175%$25K$14K20xas long as short
HTX XAU-USDT+0.0567%4h4,363.2+0.099%$2.9M$4.2M75xas long as short