XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: Pacifica against Ondo Perps+0.025%59s7-day average +0.037% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days+0.059%+$6 · spread now +0.025%, 7d avg +0.037%

Together, before fees+0.108%+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm board+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAU-USD.P	4,356.6	0.0050	pay 0.0006% / 1h	24m 48s	$14.7M	$57.2M	25x
Short	Pacifica XAU	4,357.7	0.0100	get 0.0013% / 1h	24m 48s	$1.4M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee PacificabpOrdersPrice spread, now +0.025%Rate

Funding earned: $10.42
Price spread: +0.025% → +0.037%: −$1.22
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.8
Costs to cover: 0.130%
Break-even: 9.6 days

Slippage unknown: Ondo Perps: no order-book sample; Pacifica: live order book, 4 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 4 min ago	0.34 bp	4.6 bp −$5	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XAUUSD1	0.0000%	4h	4,361	+0.101%	$71.1M	$200.2M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,362.2	+0.127%	$265.4M	$415.9M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,358.8	+0.050%	$4.0M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,366.3	+0.221%	$93K	$10.2M	20x	as long as short
Variational Omni XAU	0.0000%	4h	4,360.4	+0.087%	$47.8M	$28.1M	—	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,358	+0.032%	$267K	—	250x	as long as short
MEXC XAU_USDT	+0.0020%	4h	4,361.3	+0.107%	$373.2M	$327.7M	1000x	as long as short
Binance XAUUSDT	+0.0022%	4h	4,361.3	+0.108%	$411.8M	$2.15B	100x	as long as short
edgeX XAUUSDC	+0.0023%	4h	4,356.2	−0.010%	$30.3M	$60.3M	50x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.142%	$619	$54	52x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAU-USD	+0.0040%	1h	4,362.9	+0.144%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,361.2	+0.105%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,395.8	+0.899%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,361.6	+0.114%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,358	+0.032%	$293.9M	$51.4M	25x	as long as short
Ondo Perps XAU-USD.Plong	+0.0050%	1h	4,356.6	long leg	$14.7M	$57.2M	25x
Phoenix GOLD	+0.0055%	1h	4,358.5	+0.043%	$48K	$64K	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,358.5	+0.043%	$33K	—	25x	as long as short
Bitget XAUUSDT	+0.0056%	4h	4,361.4	+0.110%	$69.6M	$113.3M	100x	as long as short
Lighter XAU	+0.0072%	1h	4,360	+0.077%	$20.6M	$44.1M	25x	as long as short
Paradex XAU-USD-PERP	+0.0081%	8h	4,361.4	+0.110%	$19K	$5K	5x	as long as short
BloFin XAU-USDT	+0.0082%	4h	4,363.5	+0.157%	$15.5M	$4.5M	100x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,361.1	+0.103%	$162K	$87	10x	as long as short
Lighter RH XAU	+0.0096%	1h	4,362.7	+0.138%	$20.2M	$41.0M	25x	as long as short
Extended XAU-USD	+0.0096%	1h	4,357.3	+0.015%	$13.5M	$43.8M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,357.6	+0.022%	$2.0M	$5.1M	25x	as long as short
Pacifica XAUshort	+0.0100%	1h	4,357.7	+0.025%	$1.4M	$1.1M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.8	+0.027%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,354.6	−0.046%	$26K	$22K	20x	as long as short
Bybit XAUUSDT	+0.0102%	4h	4,361.8	+0.118%	$83.0M	$143.8M	150x	as long as short
Polymarket Perps GOLD-USD	+0.0126%	1h	4,360.8	+0.096%	$4.3M	$1.8M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0154%	4h	4,362	+0.122%	$1.4M	$3.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0198%	8h	4,362	+0.123%	$163.8M	$288.8M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0209%	1h	4,360.4	+0.087%	$235K	$656K	25x	as long as short
Bullet GOLD-USD	+0.0213%	1h	4,362.3	+0.131%	$59K	$81K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,358.7	+0.047%	$594K	$151K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,361.9	+0.122%	$252K	—	111x	as long as short
Phemex XAUUSDT	+0.0469%	4h	4,364.7	+0.184%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0593%	4h	4,365.2	+0.198%	$2.9M	$3.9M	75x	as long as short