Gold (GOLD)
Perp: GOLD on INTX · Hedge: GLD (ETF)
Hedge construction note: GLD (ETF) is used as a hedge proxy for Gold; treat it as a research reference, not an ordinary executable quote for the underlying market.
This is a transformed/normalized reference, not an ordinary executable quote.
Funding (ann.)
-17.6%
Basis
-0.17%
Open interest
$4,632,906
Status
delayed
Research note: funding below research threshold
Funding rate — annualized, 12066 settlement snapshots
Timezone: UTC · Units: % annualized · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T11:00:05+00:00
Basis — (perp mark − hedge) / hedge
Timezone: UTC · Units: % · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T11:00:05+00:00
Open interest — historical liquidity
Timezone: UTC · Units: USD notional · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T11:00:05+00:00
Persistence
15% of snapshots over the trailing 168h met the research condition: FR <= -20% APR, 7-day window.
Relevant paper trades
| Opened | Direction | Status | Net P&L | All-in P&L | Close reason |
|---|---|---|---|---|---|
| 2026-07-16 16:32 UTC | short_hl_long_ib | closed | +$74.25 | — | neg_FR_grace 8.0h |
Known limitations
- The hedge leg only trades during its market's own hours; the perp trades 24/7 — see Methodology for how naked-leg windows are handled.
- Funding and basis figures are delayed, not real-time — see the status strip at the top of every page.
- GLD (ETF) is used as a hedge proxy for Gold; treat it as a research reference, not an ordinary executable quote for the underlying market.