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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h +0.013%
Price spread now: Hotstuff against gTrade (Gains Network)+0.019%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XAU/USD4,357.9L +0.0002% / S −0.0003%pay 0.0000% / 1h28m 15s$267K250x
ShortHotstuff GOLD-PERP4,358.70.0008get 0.0001% / 1h28m 15s$33K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against gTrade (Gains Network). 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
$1.2
Price spread: +0.019% → 0.000%
$1.88
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$8.92
Costs to cover
0.120%
Break-even
59.0 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 11 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 11 min ago130.01 bp133.5 bp −$134196.7 bp −$1,9671352.9 bp −$135.3K5907.8 bp −$2.95M
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XAUUSD10.0000%4h4,362.3+0.102%$71.1M$200.3M20xas long as short
Gate XAU_USDT0.0000%4h4,363.8+0.135%$265.5M$415.2M100xas long as short
Variational Omni XAU0.0000%4h4,362.5+0.106%$48.0M$28.0Mas long as short
Kalshi KXGOLDPERP0.0000%24h4,358.5+0.014%$4.0M$36.6M15xas long as short
SunX XAU-USDT0.0000%4h4,366.5+0.197%$93K$10.2M20xas long as short
gTrade (Gains Network) XAU/USDlongL +0.0002% / S −0.0003%1h4,357.9long leg$267K250x
Hotstuff GOLD-PERPshort+0.0008%1h4,358.7+0.019%$33K25x
MEXC XAU_USDT+0.0014%4h4,362.5+0.107%$373.4M$326.9M1000xas long as short
Binance XAUUSDT+0.0016%4h4,362.4+0.103%$411.9M$2.15B100xas long as short
edgeX XAUUSDC+0.0017%4h4,356.7−0.027%$30.3M$60.6M50xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAU/USDC PERP+0.0033%1h4,350.4−0.171%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,363+0.117%$3.8M$4.7M40xas long as short
QFEX GOLD-USD+0.0045%1h4,361.7+0.088%$5.6M$1.9M20xas long as short
Vest GC-PERP+0.0046%1h4,395.9+0.872%$1.0M25xas long as short
RISEx XAU/USDC+0.0048%1h4,361.9+0.092%$3.4M$12.3M25xas long as short
Bitget XAUUSDT+0.0048%4h4,363.3+0.124%$69.6M$113.3M100xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,359.4+0.035%$294.0M$52.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,357.4−0.011%$14.7M$57.3M25xas long as short
Phoenix GOLD+0.0055%1h4,360.2+0.053%$48K$64K25xas long as short
BloFin XAU-USDT+0.0057%4h4,363.5+0.128%$15.5M$4.5M100xas long as short
Lighter XAU+0.0072%1h4,361.5+0.083%$20.6M$44.0M25xas long as short
Paradex XAU-USD-PERP+0.0080%8h4,361.8+0.090%$19K$5K5xas long as short
Aevo XAU-PERP+0.0088%1h4,360.9+0.069%$161K$8710xas long as short
Lighter RH XAU+0.0096%1h4,364.1+0.142%$20.2M$41.0M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0096%1h4,359.9+0.046%$2.0M$5.1M25xas long as short
Pacifica XAU+0.0100%1h4,358.4+0.012%$1.4M$1.1M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,360.8+0.066%$275K$204K50xas long as short
Bluefin GOLD-PERP+0.0100%1h4,354.6−0.075%$26K$22K20xas long as short
Bybit XAUUSDT+0.0111%4h4,363.9+0.138%$83.1M$143.8M150xas long as short
Extended XAU-USD+0.0112%1h4,358+0.002%$13.5M$43.9M25xas long as short
Polymarket Perps GOLD-USD+0.0128%1h4,361.2+0.076%$4.3M$1.8M20xas long as short
GRVT XAU_USDT_Perp+0.0152%4h4,362.7+0.112%$1.4M$3.1M25xas long as short
OKX XAU-USDT-SWAP+0.0196%8h4,364.3+0.147%$165.6M$286.6M100xas long as short
Bullet GOLD-USD+0.0214%1h4,362.1+0.097%$59K$81K10xas long as short
Kraken Futures PF_XAUUSD+0.0225%1h4,358.9+0.023%$594K$151K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0232%1h4,360.8+0.067%$235K$656K25xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0389% / S −0.0197%1h4,361.9+0.093%$252K111xas long as short
Phemex XAUUSDT+0.0529%4h4,365.2+0.168%$2.2M$1.1M100xas long as short
HTX XAU-USDT+0.0605%4h4,365.7+0.180%$2.9M$3.9M75xas long as short