XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.030%

Price spread now: Bullet against Hotstuff+0.110%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Bullet

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 days—no price history on both exchanges yet

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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bullet is 0.110% dearer against Hotstuff than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff GOLD-PERP	4,349.8	0.0048	pay 0.0006% / 1h	58m 18s	$33K	—	25x
Short	Bullet GOLD-USD	4,354.6	0.0206	get 0.0026% / 1h	58m 18s	$59K	$83K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 BulletbpOrdersPrice spread, now +0.110%Rate

Funding earned: $33.09
Price spread: +0.110% → 0.000%: $11.03
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Bullet: 4 bp × 2 orders: −$8
Net: $31.12
Costs to cover: 0.130%
Break-even: 0.4 days

Slippage unknown: Hotstuff: no order-book sample; Bullet: 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 Bullet no order-book sample	—	—	—	—	—

Hotstuff and Bullet: 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 38 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	−0.0291%	1h	4,350.4	+0.013%	$25K	$14K	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,355.4	+0.129%	$262.7M	$403.7M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,358.6	+0.203%	$93K	$9.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,350.5	+0.016%	$269K	—	250x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,354.9	+0.118%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,350.7	+0.021%	$13.5M	$41.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.014%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0036%	24h	4,352.3	+0.057%	$4.1M	$36.1M	15x	as long as short
Lighter XAU	+0.0040%	1h	4,353.7	+0.089%	$20.6M	$41.7M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,353.9	+0.094%	$3.8M	$4.6M	40x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,387.7	+0.871%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,353.5	+0.085%	$5.5M	$1.9M	20x	as long as short
Hotstuff GOLD-PERPlong	+0.0048%	1h	4,349.8	long leg	$33K	—	25x
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,352.3	+0.057%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,351.1	+0.030%	$293.7M	$49.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,352.2	+0.055%	$15.1M	$58.0M	25x	as long as short
Lighter RH XAU	+0.0056%	1h	4,355.9	+0.140%	$20.1M	$39.3M	25x	as long as short
Aster XAUUSD1	+0.0058%	4h	4,355.2	+0.125%	$70.1M	$325.2M	20x	as long as short
Paradex XAU-USD-PERP	+0.0087%	8h	4,354.1	+0.100%	$19K	$5K	5x	as long as short
Pacifica XAU	+0.0100%	1h	4,351.4	+0.037%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,351.5	+0.039%	$275K	$204K	50x	as long as short
Variational Omni XAU	+0.0105%	4h	4,351.6	+0.042%	$48.2M	$28.0M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,352.8	+0.070%	$161K	$87	10x	as long as short
Polymarket Perps GOLD-USD	+0.0115%	1h	4,353.6	+0.087%	$4.3M	$1.9M	20x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,354.8	+0.115%	$372.9M	$315.1M	1000x	as long as short
edgeX XAUUSDC	+0.0118%	4h	4,346.1	−0.085%	$30.2M	$59.3M	50x	as long as short
Binance XAUUSDT	+0.0119%	4h	4,354.6	+0.110%	$411.0M	$2.09B	100x	as long as short
Phoenix GOLD	+0.0121%	1h	4,350.1	+0.007%	$47K	$60K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0134%	4h	4,353.4	+0.082%	$1.4M	$3.0M	25x	as long as short
Bybit XAUUSDT	+0.0202%	4h	4,355.5	+0.131%	$84.1M	$144.9M	150x	as long as short
Bullet GOLD-USDshort	+0.0206%	1h	4,354.6	+0.110%	$59K	$83K	10x
Bitget XAUUSDT	+0.0208%	4h	4,355	+0.120%	$69.7M	$108.9M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0210%	1h	4,353.2	+0.078%	$260K	$700K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0247%	8h	4,355.3	+0.126%	$164.6M	$281.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,351.9	+0.048%	$593K	$133K	25x	as long as short
Phemex XAUUSDT	+0.0321%	4h	4,355.7	+0.135%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0396% / S −0.0204%	1h	4,354.4	+0.105%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0610%	4h	4,359.2	+0.216%	$2.9M	$4.2M	75x	as long as short