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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.019%
Price spread now: Aevo against Ondo Perps+0.070%7-day average +0.107% · you sell dearer than you buy
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+0.116%+$12 on $10k
Price spread, last 4 days (all we have)+0.098%+$10 · spread now +0.070%, 7d avg +0.107%
Together, before fees+0.213%+ Points / potential airdropOndo Perps: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.037% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.070% now, against its 7-day average of +0.107%). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAU-USD.P4,337.70.0050pay 0.0006% / 1h42m 14s$15.1M$56.9M25x
ShortAevo XAU-PERP4,340.70.0104get 0.0013% / 1h42m 14s$161K$8710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Ondo Perps. 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
$11.26
Price spread: +0.070% → +0.107%
−$3.72
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$13.47
Costs to cover
0.210%
Break-even
15.4 days
Slippage unknown: Ondo Perps: no order-book sample; Aevo: live order book, 12 min ago. 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 Ondo Perps no order-book sample
Sell Aevo live order book, 12 min ago5.96 bp15.8 bp −$1628.5 bp −$285doesn't fitdoesn't fit
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
Bluefin GOLD-PERP−0.0024%1h4,335.8−0.043%$25K$14K20xas long as short
Gate XAU_USDT0.0000%4h4,343.2+0.127%$267.7M$413.4M100xas long as short
SunX XAU-USDT0.0000%4h4,345.8+0.187%$92K$8.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,337.1−0.012%$271K250xas long as short
RISEx XAU/USDC+0.0005%1h4,340.4+0.064%$3.5M$12.1M25xas long as short
Lighter RH XAU+0.0032%1h4,342.1+0.101%$20.0M$39.2M25xas long as short
Extended XAU-USD+0.0032%1h4,337.2−0.010%$13.3M$37.9M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.294%$619$5452xas long as short
Lighter XAU+0.0040%1h4,340.1+0.057%$20.8M$34.5M25xas long as short
StandX XAU-USD+0.0040%1h4,343.7+0.139%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX GOLD-USD+0.0042%1h4,340.5+0.065%$5.7M$2.0M20xas long as short
Vest GC-PERP+0.0046%1h4,374.1+0.840%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,338.7+0.024%$293.5M$49.3M25xas long as short
Ondo Perps XAU-USD.Plong+0.0050%1h4,337.7long leg$15.1M$56.9M25x
Kalshi KXGOLDPERP+0.0051%24h4,339.6+0.045%$4.3M$37.5M15xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,339.7+0.047%$2.1M$4.8M25xas long as short
Bybit XAUUSDT+0.0056%4h4,342.2+0.104%$80.5M$151.4M150xas long as short
Hotstuff GOLD-PERP+0.0072%1h4,339.7+0.047%$33K25xas long as short
Aster XAUUSD1+0.0076%4h4,342.7+0.115%$71.4M$332.4M20xas long as short
Paradex XAU-USD-PERP+0.0083%8h4,341.1+0.080%$19K$5K5xas long as short
Variational Omni XAU+0.0087%4h4,342.7+0.117%$48.3M$27.7Mas long as short
Pacifica XAU+0.0100%1h4,338.2+0.012%$1.4M$1.1M10xas long as short
MEXC XAU_USDT+0.0100%4h4,341.6+0.091%$369.5M$318.9M1000xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,339.5+0.043%$274K$203K50xas long as short
Binance XAUUSDT+0.0102%4h4,341.4+0.086%$417.0M$2.09B100xas long as short
Aevo XAU-PERPshort+0.0104%1h4,340.7+0.070%$161K$8710x
edgeX XAUUSDC+0.0113%4h4,338.3+0.015%$30.2M$58.3M50xas long as short
Phoenix GOLD+0.0136%1h4,338.8+0.026%$47K$77K25xas long as short
GRVT XAU_USDT_Perp+0.0174%4h4,343.4+0.133%$1.4M$2.9M25xas long as short
Bullet GOLD-USD+0.0213%1h4,341.6+0.092%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0217%1h4,341.5+0.089%$4.3M$2.0M20xas long as short
Bitget XAUUSDT+0.0246%4h4,341.8+0.095%$71.1M$109.4M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0257%1h4,339.7+0.047%$205K$827K25xas long as short
Kraken Futures PF_XAUUSD+0.0259%1h4,338.3+0.016%$592K$132K25xas long as short
OKX XAU-USDT-SWAP+0.0318%8h4,342.6+0.114%$166.4M$281.7M100xas long as short
Phemex XAUUSDT+0.0347%4h4,344.6+0.161%$2.2M$967K100xas long as short
BloFin XAU-USDT+0.0361%4h4,343.1+0.126%$15.6M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,341.6+0.091%$250K111xas long as short
HTX XAU-USDT+0.0555%4h4,347+0.214%$2.8M$4.6M75xas long as short