XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0250%/8h= −27.4% APRnext payment −$0.31 per $10,000 · paid last 24h +0.217%

Price spread now: Bluefin against Hotstuff−0.063%7-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 Bluefin

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

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bluefin is 0.063% cheaper against Hotstuff than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff GOLD-PERP	4,319.2	0.0048	pay 0.0006% / 1h	59m 30s	$32K	—	25x
Short	Bluefin GOLD-PERP	4,316.5	−0.0202	pay 0.0025% / 1h	59m 30s	$25K	$1K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin 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 BluefinbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$52.56
Price spread: −0.063% → 0.000%: −$6.25
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$70.81
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Bluefin: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Bluefin no order-book sample	—	—	—	—	—

Hotstuff and Bluefin: 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-PERPshort	−0.0202%	1h	4,316.5	−0.063%	$25K	$1K	20x
SunX XAU-USDT	0.0000%	4h	4,327.3	+0.188%	$92K	$7.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,320	+0.018%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0026%	4h	4,324.5	+0.122%	$76.9M	$154.3M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.723%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,325.2	+0.139%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,321.7	+0.058%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,355.6	+0.843%	—	$1.0M	25x	as long as short
Hotstuff GOLD-PERPlong	+0.0048%	1h	4,319.2	long leg	$32K	—	25x
tradeXYZ xyz:GOLD	+0.0050%	1h	4,319.9	+0.016%	$291.4M	$51.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,318.2	−0.024%	$15.0M	$55.7M	25x	as long as short
Aster XAUUSD1	+0.0060%	4h	4,325.1	+0.136%	$72.7M	$273.2M	20x	as long as short
Lighter XAU	+0.0064%	1h	4,321.6	+0.055%	$20.3M	$28.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,318.6	−0.014%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0074%	8h	4,321.6	+0.056%	$2K	$14K	5x	as long as short
Kalshi KXGOLDPERP	+0.0084%	24h	4,323.8	+0.107%	$3.8M	$44.2M	15x	as long as short
Variational Omni XAU	+0.0094%	4h	4,321.5	+0.053%	$47.2M	$29.1M	—	as long as short
GRVT XAU_USDT_Perp	+0.0098%	4h	4,321.8	+0.061%	$1.4M	$3.0M	25x	as long as short
Phoenix GOLD	+0.0100%	1h	4,317.3	−0.044%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,318.9	−0.008%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,323	+0.087%	$365.0M	$324.3M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,318.8	−0.010%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,323.3	+0.094%	$423.5M	$2.14B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,321.5	+0.054%	$160K	$87	10x	as long as short
Gate XAU_USDT	+0.0106%	4h	4,325.3	+0.141%	$279.4M	$407.2M	100x	as long as short
edgeX XAUUSDC	+0.0110%	4h	4,318.4	−0.018%	$30.1M	$60.1M	50x	as long as short
Lighter RH XAU	+0.0112%	1h	4,323.9	+0.109%	$20.0M	$39.5M	25x	as long as short
Extended XAU-USD	+0.0136%	1h	4,318.5	−0.017%	$12.9M	$36.2M	25x	as long as short
Bullet GOLD-USD	+0.0149%	1h	4,323.9	+0.109%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,320.1	+0.022%	$577K	$136K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0174%	1h	4,323.4	+0.097%	$4.3M	$2.0M	20x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0190%	1h	4,322.2	+0.069%	$163K	$870K	25x	as long as short
Bitget XAUUSDT	+0.0208%	4h	4,322.8	+0.083%	$67.6M	$118.3M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0294%	8h	4,324	+0.111%	$173.3M	$301.1M	100x	as long as short
HTX XAU-USDT	+0.0334%	4h	4,327.9	+0.201%	$3.2M	$5.8M	75x	as long as short
BloFin XAU-USDT	+0.0341%	4h	4,322.3	+0.072%	$16.3M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0358%	4h	4,325.9	+0.156%	$2.2M	$976K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,323.9	+0.109%	$252K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,325.5	+0.145%	$4.1M	$12.8M	25x	as long as short