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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.004%
Price spread now: StandX against Ondo Perps+0.076%7-day average +0.147% · 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+0.017%+$2 on $10k
Price spread, last 7 days+0.060%+$6 · spread now +0.076%, 7d avg +0.147%
Together, before fees+0.077%+ Points / potential airdropOndo Perps: Active · StandX: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and StandX is 0.071% cheaper against Ondo Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.147%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XAU-USD.P4,330.40.0050pay 0.0006% / 1h8m 51s$15.0M$56.5M25x
ShortStandX XAU-USD4,333.70.0040get 0.0005% / 1h8m 51s$3.8M$4.5M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$2.18
Price spread: +0.076% → +0.147%
−$7.11
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$22.29
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; StandX: live order book, 5 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 StandX live order book, 5 min ago0.12 bp9.5 bp −$1010.1 bp −$10110.4 bp −$1,04211.7 bp −$5,845
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−0.0052%1h4,327.8−0.061%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,338.3+0.182%$92K$8.1M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,330.6+0.005%$271K250xas long as short
Bybit XAUUSDT+0.0006%4h4,334.7+0.099%$78.4M$156.7M150xas long as short
Extended XAU-USD+0.0032%1h4,329.8−0.014%$13.1M$36.8M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.462%$619$5452xas long as short
StandX XAU-USDshort+0.0040%1h4,333.7+0.076%$3.8M$4.5M40x
QFEX GOLD-USD+0.0044%1h4,332.7+0.053%$5.5M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,367+0.845%$1.0M25xas long as short
Lighter XAU+0.0048%1h4,332.1+0.039%$20.4M$31.8M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,330.5+0.002%$292.0M$51.6M25xas long as short
Ondo Perps XAU-USD.Plong+0.0050%1h4,330.4long leg$15.0M$56.5M25x
RISEx XAU/USDC+0.0054%1h4,335.5+0.117%$3.8M$12.5M25xas long as short
Kalshi KXGOLDPERP+0.0063%24h4,334.8+0.101%$4.0M$42.2M15xas long as short
Gate XAU_USDT+0.0064%4h4,335.1+0.108%$272.5M$417.3M100xas long as short
Lighter RH XAU+0.0072%1h4,334.3+0.091%$19.9M$39.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,330−0.009%$2.0M$4.8M25xas long as short
Paradex XAU-USD-PERP+0.0072%8h4,334.2+0.087%$19K$5K5xas long as short
Aster XAUUSD1+0.0097%4h4,334.4+0.092%$72.3M$330.2M20xas long as short
Pacifica XAU+0.0100%1h4,330.5+0.002%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,330−0.009%$273K$208K50xas long as short
Variational Omni XAU+0.0101%4h4,331.5+0.025%$46.8M$28.6Mas long as short
Hotstuff GOLD-PERP+0.0104%1h4,331.4+0.023%$32K25xas long as short
GRVT XAU_USDT_Perp+0.0104%4h4,333.5+0.070%$1.4M$3.0M25xas long as short
MEXC XAU_USDT+0.0110%4h4,333.7+0.077%$363.8M$330.9M1000xas long as short
Binance XAUUSDT+0.0111%4h4,334+0.083%$414.8M$2.12B100xas long as short
Aevo XAU-PERP+0.0112%1h4,333.3+0.067%$160K$8710xas long as short
edgeX XAUUSDC+0.0126%4h4,327.8−0.060%$30.1M$60.3M50xas long as short
Phoenix GOLD+0.0127%1h4,326.6−0.088%$47K$77K25xas long as short
Bullet GOLD-USD+0.0160%1h4,334.7+0.098%$58K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0177%1h4,334.4+0.092%$4.2M$2.0M20xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0212%1h4,332.5+0.048%$195K$827K25xas long as short
HTX XAU-USDT+0.0233%4h4,336.9+0.150%$2.8M$5.0M75xas long as short
Kraken Futures PF_XAUUSD+0.0247%1h4,331+0.013%$590K$130K25xas long as short
Bitget XAUUSDT+0.0254%4h4,334+0.084%$68.1M$119.0M100xas long as short
OKX XAU-USDT-SWAP+0.0331%8h4,334.1+0.085%$170.6M$297.5M100xas long as short
BloFin XAU-USDT+0.0357%4h4,333.3+0.068%$16.0M$4.5M100xas long as short
Phemex XAUUSDT+0.0381%4h4,335.2+0.110%$2.2M$962K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0460% / S −0.0303%1h4,334.7+0.098%$253K111xas long as short