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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0018%/8hpaid last 24h +0.001%
Price spread now: Ondo Perps against Gate−0.151%7-day average −0.164% · 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+0.022%+$2 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.151%, 7d avg −0.164%
Together, before fees+0.065%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.164%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XAU_USDT4,358.20.0068pay 0.0034% / 4h23m 35s$273.7M$406.2M100x
ShortOndo Perps XAU-USD.P4,351.70.0050get 0.0006% / 1h23m 35s$14.9M$51.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Gate. 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
−$3.7
Price spread: −0.151% → −0.164%
$1.37
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$22.33
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 9 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 Gate live order book, 9 min ago0.01 bp8.7 bp −$910.3 bp −$10313.2 bp −$1,32314.4 bp −$7,194
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%4h4,360+0.040%$93K$11.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,352.7−0.127%$267K250xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.179%$619$5452xas long as short
Kalshi KXGOLDPERP+0.0034%24h4,352.8−0.124%$4.2M$30.9M15xas long as short
StandX XAU-USD+0.0040%1h4,356.2−0.046%$3.8M$4.4M40xas long as short
Vest GC-PERP+0.0046%1h4,390.9+0.750%$995K25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,353.6−0.106%$294.1M$51.5M25xas long as short
QFEX GOLD-USD+0.0050%1h4,355.1−0.072%$5.5M$1.8M20xas long as short
Ondo Perps XAU-USD.Pshort+0.0050%1h4,351.7−0.151%$14.9M$51.2M25x
Gate XAU_USDTlong+0.0068%4h4,358.2long leg$273.7M$406.2M100x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XAU-USD-PERP+0.0069%8h4,356.6−0.038%$19K$6K5xas long as short
Lighter XAU+0.0072%1h4,356.1−0.050%$20.8M$46.2M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,353.6−0.106%$2.0M$5.2M25xas long as short
RISEx XAU/USDC+0.0100%1h4,356.4−0.041%$3.6M$12.3M25xas long as short
Pacifica XAU+0.0100%1h4,353.5−0.108%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,352−0.144%$273K$203K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,350.4−0.179%$26K$21K20xas long as short
Hotstuff GOLD-PERP+0.0104%1h4,353.6−0.106%$33K25xas long as short
Aevo XAU-PERP+0.0112%1h4,356.1−0.048%$161K$8710xas long as short
Bullet GOLD-USD+0.0113%1h4,355.6−0.059%$59K$77K10xas long as short
Extended XAU-USD+0.0120%1h4,353−0.119%$13.2M$51.1M25xas long as short
Variational Omni XAU+0.0134%4h4,355.3−0.066%$47.7M$34.5Mas long as short
MEXC XAU_USDT+0.0138%4h4,356.2−0.046%$379.2M$334.4M1000xas long as short
Binance XAUUSDT+0.0140%4h4,356.1−0.049%$415.3M$2.07B100xas long as short
Aster XAUUSD1+0.0148%4h4,356.8−0.032%$70.3M$240.4M20xas long as short
Phoenix GOLD+0.0151%1h4,353.7−0.104%$43K$64K25xas long as short
GRVT XAU_USDT_Perp+0.0156%4h4,356−0.050%$1.4M$3.4M25xas long as short
edgeX XAUUSDC+0.0156%4h4,352−0.143%$30.3M$56.7M50xas long as short
Lighter RH XAU+0.0160%1h4,358.9+0.016%$20.4M$44.8M25xas long as short
Bybit XAUUSDT+0.0172%4h4,357.2−0.023%$84.1M$140.1M150xas long as short
Polymarket Perps GOLD-USD+0.0198%1h4,356.8−0.033%$4.4M$2.3M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0232%1h4,355.7−0.058%$222K$959K25xas long as short
Bitget XAUUSDT+0.0268%4h4,356−0.052%$69.0M$109.3M100xas long as short
HTX XAU-USDT+0.0286%4h4,358.3+0.002%$2.8M$3.6M75xas long as short
OKX XAU-USDT-SWAP+0.0311%8h4,357.6−0.014%$158.1M$268.9M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,354.1−0.095%$588K$108K25xas long as short
Phemex XAUUSDT+0.0339%4h4,358.8+0.014%$2.2M$1.1M100xas long as short
BloFin XAU-USDT+0.0380%4h4,356−0.052%$14.9M$4.2M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0456% / S −0.0289%1h4,355.8−0.055%$251K111xas long as short