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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.7% APRnext payment $0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Ondo Perps against Aevo−0.081%7-day average −0.105% · 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−0.115%−$11 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.081%, 7d avg −0.105%
Together, before fees−0.178%+ Points / potential airdropOndo Perps: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.024% dearer against Aevo than usual: you sell high and buy low (spread −0.081% now, against its 7-day average of −0.105%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAU-PERP4,307.20.0112pay 0.0014% / 1h7m 21s$160K$8710x
ShortOndo Perps XAU-USD.P4,303.70.0050get 0.0006% / 1h7m 21s$15.0M$55.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. 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
−$12.94
Price spread: −0.081% → −0.105%
$2.43
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$31.5
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 31 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 Aevo live order book, 31 min ago5.13 bp15.2 bp −$1527.0 bp −$270doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XAU-USDT0.0000%4h4,312.3+0.119%$92K$7.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,306.1−0.026%$268K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.004%$619$5452xas long as short
QFEX GOLD-USD+0.0045%1h4,307.1−0.002%$5.7M$2.7M20xas long as short
Vest GC-PERP+0.0046%1h4,340.1+0.764%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,303.5−0.086%$290.0M$52.4M25xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,303.7−0.081%$15.0M$55.3M25x
Aster XAUUSD1+0.0057%4h4,309.1+0.045%$72.8M$271.9M20xas long as short
Paradex XAU-USD-PERP+0.0063%8h4,306.9−0.007%$2K$14K5xas long as short
Bluefin GOLD-PERP+0.0068%1h4,303.1−0.094%$25K$1K20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XAUUSDT+0.0071%4h4,308.7+0.035%$77.6M$154.9M150xas long as short
Lighter XAU+0.0072%1h4,307.4+0.005%$20.2M$30.2M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,304.3−0.067%$2.0M$5.1M25xas long as short
Phoenix GOLD+0.0096%1h4,313.9+0.156%$42K$79K25xas long as short
Kalshi KXGOLDPERP+0.0099%24h4,309.5+0.054%$3.6M$45.3M15xas long as short
Variational Omni XAU+0.0100%4h4,316.5+0.216%$47.1M$29.0Mas long as short
Pacifica XAU+0.0100%1h4,304.1−0.072%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,313.5+0.147%$272K$209K50xas long as short
Lighter RH XAU+0.0104%1h4,309.9+0.062%$19.9M$40.2M25xas long as short
Extended XAU-USD+0.0104%1h4,303.8−0.078%$13.2M$36.6M25xas long as short
MEXC XAU_USDT+0.0108%4h4,307.8+0.014%$364.7M$339.9M1000xas long as short
Binance XAUUSDT+0.0110%4h4,308+0.018%$429.1M$2.16B100xas long as short
GRVT XAU_USDT_Perp+0.0112%4h4,316.1+0.206%$1.4M$3.0M25xas long as short
Aevo XAU-PERPlong+0.0112%1h4,307.2long leg$160K$8710x
Gate XAU_USDT+0.0116%4h4,309.3+0.048%$284.5M$430.0M100xas long as short
StandX XAU-USD+0.0118%1h4,313.1+0.137%$3.8M$4.5M40xas long as short
Hotstuff GOLD-PERP+0.0120%1h4,303.9−0.076%$32K25xas long as short
edgeX XAUUSDC+0.0127%4h4,313.1+0.138%$30.0M$59.8M50xas long as short
Bitget XAUUSDT+0.0190%4h4,308.1+0.022%$70.5M$121.3M100xas long as short
Bullet GOLD-USD+0.0199%1h4,307.5+0.007%$59K$81K10xas long as short
Polymarket Perps GOLD-USD+0.0221%1h4,307.4+0.005%$4.3M$1.8M20xas long as short
Kraken Futures PF_XAUUSD+0.0229%1h4,305−0.050%$573K$138K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0238%1h4,307.3+0.003%$136K$864K25xas long as short
OKX XAU-USDT-SWAP+0.0264%8h4,307.9+0.017%$175.2M$304.8M100xas long as short
BloFin XAU-USDT+0.0371%4h4,308.4+0.028%$16.5M$5.0M100xas long as short
Phemex XAUUSDT+0.0455%4h4,312.2+0.116%$2.2M$949K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0464% / S −0.0311%1h4,307.9+0.016%$253K111xas long as short
HTX XAU-USDT+0.0540%4h4,314.3+0.165%$3.2M$6.1M75xas long as short
RISEx XAU/USDC+0.0643%1h4,307.4+0.004%$4.5M$13.1M25xas long as short