XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.769%

Price spread now: Aevo against Hotstuff−0.159%134s7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.159% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.159% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 6.6 days of funding at the current rate (+$2 a day). The two prices were read 134 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	Hotstuff GOLD-PERP	4,319.6	0.0024	pay 0.0003% / 1h	48m 51s	$35K	$3K	25x
Short	Aevo XAU-PERP	4,312.7	0.0104	get 0.0013% / 1h	48m 51s	$160K	$87	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hotstuff. 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 HotstuffbpFee AevobpOrdersPrice spread, now −0.159%Rate

Funding earned: $16.8
Price spread: −0.159% → 0.000%: −$15.87
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$20.07
Costs to cover: 0.210%
Break-even: 15.4 days

Slippage unknown: Hotstuff: no order-book sample; Aevo: live order book, 58 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Aevo live order book, 58 min ago	6.18 bp	15.4 bp −$15	25.7 bp −$257	doesn't fit	doesn't fit

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 exchanges

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
Coinbase International GOLD-PERP-INTX	−0.0032%	1h	4,310.2	−0.218%	$2.1M	$5.1M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,319.1	−0.011%	$92K	$5.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0002%	1h	4,309.7	−0.230%	$306K	—	250x	as long as short
Hotstuff GOLD-PERPlong	+0.0024%	1h	4,319.6	long leg	$35K	$3K	25x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.713%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,322.1	+0.058%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,312.7	−0.160%	$6.6M	$3.3M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,349.6	+0.695%	—	$1.0M	25x	as long as short
Aster XAUUSD1	+0.0046%	4h	4,318.2	−0.034%	$71.3M	$277.3M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,311.9	−0.179%	$15.2M	$59.1M	25x	as long as short

Show all 39 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XAU-USD-PERP	+0.0057%	8h	4,314.7	−0.114%	$2K	$13K	5x	as long as short
RISEx XAU/USDC	+0.0062%	1h	4,316.1	−0.081%	$4.7M	$13.4M	25x	as long as short
Lighter XAU	+0.0064%	1h	4,314.1	−0.128%	$20.0M	$30.3M	25x	as long as short
Variational Omni XAU	+0.0070%	4h	4,319.1	−0.012%	$47.0M	$28.1M	—	as long as short
tradeXYZ xyz:GOLD	+0.0075%	1h	4,312.4	−0.167%	$291.4M	$46.0M	25x	as long as short
Gate XAU_USDT	+0.0076%	4h	4,318.6	−0.024%	$303.1M	$435.0M	100x	as long as short
MEXC XAU_USDT	+0.0084%	4h	4,315.8	−0.088%	$350.0M	$352.6M	1000x	as long as short
edgeX XAUUSDC	+0.0084%	4h	4,319.5	−0.002%	$30.2M	$66.6M	50x	as long as short
Binance XAUUSDT	+0.0085%	4h	4,316.2	−0.078%	$441.6M	$2.44B	100x	as long as short
GRVT XAU_USDT_Perp	+0.0098%	4h	4,320	+0.010%	$1.4M	$3.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,312.4	−0.167%	$1.4M	$1.5M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,317.3	−0.053%	$286K	$227K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,309.1	−0.244%	$25K	$1K	20x	as long as short
Aevo XAU-PERPshort	+0.0104%	1h	4,312.7	−0.159%	$160K	$87	10x
Phoenix GOLD	+0.0124%	1h	4,315.8	−0.088%	$43K	$71K	25x	as long as short
Kalshi KXGOLDPERP	+0.0146%	24h	4,316.2	−0.079%	$3.5M	$52.0M	15x	as long as short
Lighter RH XAU	+0.0152%	1h	4,316.4	−0.073%	$19.5M	$39.3M	25x	as long as short
Bybit XAUUSDT	+0.0160%	4h	4,318.3	−0.031%	$82.7M	$168.0M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0191%	1h	4,313.3	−0.146%	$135K	$659K	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0198%	1h	4,311.6	−0.186%	$581K	$166K	25x	as long as short
Bitget XAUUSDT	+0.0202%	4h	4,315.8	−0.088%	$72.8M	$141.7M	100x	as long as short
Extended XAU-USD	+0.0224%	1h	4,311.4	−0.189%	$12.5M	$34.1M	25x	as long as short
Bullet GOLD-USD	+0.0225%	1h	4,315.6	−0.093%	$59K	$77K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0225%	8h	4,318.3	−0.030%	$170.9M	$364.5M	100x	as long as short
Polymarket Perps GOLD-USD	+0.0234%	1h	4,316.3	−0.076%	$4.3M	$1.7M	20x	as long as short
Phemex XAUUSDT	+0.0242%	4h	4,317.9	−0.040%	$2.2M	$733K	100x	as long as short
BloFin XAU-USDT	+0.0326%	4h	4,316.3	−0.076%	$16.4M	$5.2M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0424% / S −0.0257%	1h	4,314.2	−0.124%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.1028%	4h	4,322.5	+0.067%	$3.2M	$7.1M	75x	as long as short