Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.010%
Price spread now: Hotstuff against Coinbase International−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOLD-PERP-INTX | 4,321.3 | 0.0072 | pay 0.0009% / 1h | 13m 27s | $2.0M | $4.8M | 25x |
| Short | Hotstuff GOLD-PERP | 4,321.2 | 0.0064 | get 0.0008% / 1h | 13m 27s | $32K | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.68
- Price spread: −0.002% → 0.000%
- −$0.23
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$16.91
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Hotstuff: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 5 min ago | 0.69 bp | 6.0 bp −$6 | 7.4 bp −$74 | 53.5 bp −$5,352 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0031% | 1h | 4,320.2 | −0.026% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,328.9 | +0.177% | $92K | $8.3M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,321.9 | +0.014% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0007% | 4h | 4,326.6 | +0.121% | $77.9M | $156.6M | 150x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,321.4 | +0.003% | $13.1M | $37.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.674% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,326.2 | +0.113% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0044% | 1h | 4,325 | +0.086% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,357.9 | +0.847% | — | $1.0M | 25x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,324.1 | +0.065% | $20.5M | $31.6M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,322.3 | +0.023% | $291.5M | $51.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,321.9 | +0.013% | $15.0M | $56.6M | 25x | as long as short |
| RISEx XAU/USDC | +0.0054% | 1h | 4,326.5 | +0.121% | $3.9M | $12.5M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0062% | 24h | 4,326.2 | +0.113% | $4.0M | $42.0M | 15x | as long as short |
| Hotstuff GOLD-PERPshort | +0.0064% | 1h | 4,321.2 | −0.002% | $32K | — | 25x | |
| Paradex XAU-USD-PERP | +0.0072% | 8h | 4,325.3 | +0.093% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0072% | 1h | 4,326.3 | +0.117% | $19.8M | $38.9M | 25x | as long as short |
| Gate XAU_USDT | +0.0072% | 4h | 4,327.1 | +0.134% | $272.2M | $415.3M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTXlong | +0.0072% | 1h | 4,321.3 | long leg | $2.0M | $4.8M | 25x | |
| Aster XAUUSD1 | +0.0099% | 4h | 4,327.1 | +0.134% | $72.1M | $331.4M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,321.6 | +0.006% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,322.8 | +0.035% | $272K | $208K | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0102% | 4h | 4,325.7 | +0.101% | $1.4M | $3.0M | 25x | as long as short |
| Variational Omni XAU | +0.0104% | 4h | 4,327.8 | +0.150% | $46.9M | $28.6M | — | as long as short |
| MEXC XAU_USDT | +0.0110% | 4h | 4,325.6 | +0.098% | $362.7M | $328.9M | 1000x | as long as short |
| Binance XAUUSDT | +0.0111% | 4h | 4,325.8 | +0.105% | $413.7M | $2.15B | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,325.7 | +0.102% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0127% | 4h | 4,324.5 | +0.074% | $30.1M | $60.5M | 50x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,325.4 | +0.095% | $47K | $77K | 25x | as long as short |
| Bullet GOLD-USD | +0.0158% | 1h | 4,325.8 | +0.104% | $58K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0173% | 1h | 4,325.6 | +0.100% | $4.2M | $2.0M | 20x | as long as short |
| HTX XAU-USDT | +0.0235% | 4h | 4,330.2 | +0.205% | $2.8M | $5.0M | 75x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0248% | 1h | 4,322.7 | +0.031% | $589K | $130K | 25x | as long as short |
| Bitget XAUUSDT | +0.0258% | 4h | 4,325.5 | +0.097% | $67.9M | $119.0M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0305% | 1h | 4,325.5 | +0.097% | $195K | $832K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0334% | 8h | 4,326.4 | +0.118% | $170.4M | $297.0M | 100x | as long as short |
| BloFin XAU-USDT | +0.0365% | 4h | 4,325.9 | +0.105% | $16.1M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0454% / S −0.0296% | 1h | 4,326 | +0.108% | $250K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0472% | 4h | 4,327.7 | +0.149% | $2.2M | $962K | 100x | as long as short |
Coinbase International GOLD-PERP-INTX
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Lighter XAU
tradeXYZ xyz:GOLD
RISEx XAU/USDC
Kalshi KXGOLDPERP
Paradex XAU-USD-PERP
Lighter RH XAU
Gate XAU_USDT
Aster XAUUSD1
Pacifica XAU
ApeX Omni XAUUSDT
GRVT XAU_USDT_Perp
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Phoenix GOLD
Bullet GOLD-USD
Polymarket Perps GOLD-USD
HTX XAU-USDT
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT