Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h +0.012%
Price spread now: Coinbase International against Hotstuff−0.005%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff GOLD-PERP | 4,347.8 | 0.0136 | pay 0.0017% / 1h | 24m 11s | $33K | — | 25x |
| Short | Coinbase International GOLD-PERP-INTX | 4,347.6 | 0.0048 | get 0.0006% / 1h | 24m 11s | $2.0M | $4.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Hotstuff. 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
- −$18.48
- Price spread: −0.005% → 0.000%
- −$0.46
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$33.94
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago | 0.12 bp | 7.1 bp −$7 | 8.0 bp −$80 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,350.9 | +0.072% | $3.4M | $12.3M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,355.2 | +0.171% | $93K | $8.9M | 20x | as long as short |
| Gate XAU_USDT | +0.0002% | 4h | 4,351.9 | +0.094% | $266.5M | $414.4M | 100x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,347 | −0.017% | $271K | — | 250x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,350.1 | +0.052% | $20.8M | $38.1M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,347 | −0.018% | $13.2M | $38.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.060% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,352.2 | +0.101% | $20.1M | $39.3M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.7 | +0.067% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,350.4 | +0.060% | $5.7M | $2.0M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,384.2 | +0.837% | — | $1.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0047% | 24h | 4,349.5 | +0.039% | $4.2M | $37.3M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | +0.0048% | 1h | 4,347.6 | −0.005% | $2.0M | $4.8M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347.6 | −0.005% | $293.9M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,347.1 | −0.016% | $15.1M | $56.9M | 25x | as long as short |
| Aster XAUUSD1 | +0.0066% | 4h | 4,352.1 | +0.098% | $71.1M | $333.8M | 20x | as long as short |
| Variational Omni XAU | +0.0078% | 4h | 4,351 | +0.073% | $48.4M | $27.9M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0084% | 8h | 4,350.9 | +0.071% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0086% | 4h | 4,351.4 | +0.084% | $1.4M | $2.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0092% | 4h | 4,351 | +0.073% | $372.9M | $318.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0093% | 4h | 4,351 | +0.073% | $413.5M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,347.6 | −0.005% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,348.2 | +0.009% | $275K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,345.2 | −0.060% | $25K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,350.5 | +0.063% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0108% | 4h | 4,344.5 | −0.076% | $30.2M | $58.0M | 50x | as long as short |
| Hotstuff GOLD-PERPlong | +0.0136% | 1h | 4,347.8 | long leg | $33K | — | 25x | |
| Phoenix GOLD | +0.0142% | 1h | 4,348.4 | +0.014% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0158% | 1h | 4,351.2 | +0.078% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0193% | 1h | 4,350.9 | +0.071% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,348.2 | +0.009% | $593K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0202% | 4h | 4,353.7 | +0.135% | $2.2M | $967K | 100x | as long as short |
| Bitget XAUUSDT | +0.0236% | 4h | 4,351.2 | +0.078% | $70.0M | $109.3M | 100x | as long as short |
| Bybit XAUUSDT | +0.0244% | 4h | 4,352.2 | +0.102% | $85.3M | $144.8M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0279% | 1h | 4,349.8 | +0.046% | $206K | $822K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0293% | 8h | 4,352.8 | +0.115% | $165.8M | $281.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0335% | 4h | 4,351.3 | +0.081% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0416% / S −0.0234% | 1h | 4,350.9 | +0.071% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0624% | 4h | 4,356.2 | +0.193% | $2.9M | $4.3M | 75x | as long as short |
Coinbase International GOLD-PERP-INTX
RISEx XAU/USDC
SunX XAU-USDT
Gate XAU_USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
StandX XAU-USD
Kalshi KXGOLDPERP
tradeXYZ xyz:GOLD
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
edgeX XAUUSDC
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Bitget XAUUSDT
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT