Funding you earn now, next payment 06:00 UTC−0.0228%/8h= −24.9% APRpaid last 24h −0.048%
Price spread now: Ondo Perps against Bitget−0.066%7-day average −0.140% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now −0.066%, 7d avg −0.140%
=Together, before fees−0.213%+ Points / potential airdropOndo Perps: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.073% dearer against Bitget than usual: you sell high and buy low (spread −0.066% now, against its 7-day average of −0.140%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.146% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUUSDT | 4,332.6 | 0.0278 | pay 0.0139% / 4h | 2h 26m | $73.6M | $113.8M | 100x |
| Short | Ondo Perps XAU-USD.P | 4,329.7 | 0.0050 | get 0.0006% / 1h | 26m 23s | $15.0M | $56.7M | 25x |
Bitget XAUUSDT
Ondo Perps XAU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bitget. 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
- −$47.8
- Price spread: −0.066% → −0.140%
- $7.33
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$57.47
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 0.01 bp | 6.4 bp −$6 | 8.0 bp −$80 | 13.1 bp −$1,309 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −0.0056% | 1h | 4,328.7 | −0.089% | $32K | — | 25x | as long as short |
| Bluefin GOLD-PERP | −0.0002% | 1h | 4,325.7 | −0.158% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,336.7 | +0.095% | $92K | $8.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,328.7 | −0.089% | $271K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,329.1 | −0.081% | $13.2M | $37.1M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.412% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,329.8 | −0.064% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0044% | 1h | 4,331.2 | −0.031% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,365.5 | +0.760% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,331.6 | −0.022% | $20.7M | $31.0M | 25x | as long as short |
Hotstuff GOLD-PERP
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-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 | 4,329.6 | −0.068% | $292.5M | $50.7M | 25x | as long as short |
| Ondo Perps XAU-USD.Pshort | +0.0050% | 1h | 4,329.7 | −0.066% | $15.0M | $56.7M | 25x | |
| Bybit XAUUSDT | +0.0051% | 4h | 4,333.4 | +0.020% | $78.7M | $155.0M | 150x | as long as short |
| RISEx XAU/USDC | +0.0054% | 1h | 4,333.2 | +0.015% | $3.7M | $12.2M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0058% | 24h | 4,330.7 | −0.043% | $4.0M | $40.9M | 15x | as long as short |
| Gate XAU_USDT | +0.0066% | 4h | 4,334.5 | +0.044% | $273.1M | $406.8M | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0072% | 8h | 4,332.5 | −0.001% | $19K | $5K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,329.8 | −0.064% | $2.1M | $4.7M | 25x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,333.5 | +0.021% | $19.9M | $38.7M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,328.5 | −0.094% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,328.1 | −0.103% | $275K | $204K | 50x | as long as short |
| Aster XAUUSD1 | +0.0109% | 4h | 4,333.8 | +0.029% | $71.6M | $332.2M | 20x | as long as short |
| Variational Omni XAU | +0.0111% | 4h | 4,333.1 | +0.013% | $48.3M | $27.5M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,332.2 | −0.009% | $160K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,333.2 | +0.015% | $363.7M | $324.2M | 1000x | as long as short |
| Binance XAUUSDT | +0.0120% | 4h | 4,332.7 | +0.003% | $414.2M | $2.15B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0122% | 4h | 4,329.6 | −0.069% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,327.2 | −0.124% | $47K | $77K | 25x | as long as short |
| edgeX XAUUSDC | +0.0130% | 4h | 4,331.5 | −0.024% | $30.1M | $59.0M | 50x | as long as short |
| Bullet GOLD-USD | +0.0160% | 1h | 4,333 | +0.011% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0171% | 1h | 4,333 | +0.010% | $4.2M | $2.0M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0247% | 1h | 4,329.8 | −0.063% | $590K | $130K | 25x | as long as short |
| HTX XAU-USDT | +0.0257% | 4h | 4,336.4 | +0.089% | $2.8M | $4.8M | 75x | as long as short |
| Bitget XAUUSDTlong | +0.0278% | 4h | 4,332.6 | long leg | $73.6M | $113.8M | 100x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0281% | 1h | 4,331.8 | −0.018% | $199K | $825K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0338% | 8h | 4,333.2 | +0.015% | $170.2M | $292.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0362% | 4h | 4,330.9 | −0.038% | $16.1M | $4.4M | 100x | as long as short |
| Phemex XAUUSDT | +0.0399% | 4h | 4,336.8 | +0.098% | $2.2M | $960K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0451% / S −0.0288% | 1h | 4,332.9 | +0.008% | $250K | — | 111x | as long as short |
tradeXYZ xyz:GOLD
Bybit XAUUSDT
RISEx XAU/USDC
Kalshi KXGOLDPERP
Gate XAU_USDT
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Lighter RH XAU
Pacifica XAU
ApeX Omni XAUUSDT
Aster XAUUSD1
Variational Omni XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
Phoenix GOLD
edgeX XAUUSDC
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
HTX XAU-USDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]