Funding you earn now, next payment 03:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h −0.015%
Price spread now: gTrade (Gains Network) against Hotstuff−0.012%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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: −$2 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 | 4,344 | 0.0064 | pay 0.0008% / 1h | 5m 26s | $33K | — | 25x |
| Short | gTrade (Gains Network) XAU/USD | 4,343.5 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 5m 26s | $266K | — | 250x |
Hotstuff GOLD-PERP
gTrade (Gains Network) XAU/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$12.78
- Price spread: −0.012% → 0.000%
- −$1.2
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$25.97
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 24 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 gTrade (Gains Network) virtual book (oracle venue), 24 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XAU_USDT | 0.0000% | 4h | 4,349.4 | +0.124% | $264.3M | $417.3M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,352 | +0.183% | $92K | $9.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | L +0.0002% / S −0.0003% | 1h | 4,343.5 | −0.012% | $266K | — | 250x | |
| RISEx XAU/USDC | +0.0010% | 1h | 4,347.1 | +0.072% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.4 | −0.014% | $13.4M | $38.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.148% | $619 | $54 | 52x | as long as short |
| Aster XAUUSD1 | +0.0040% | 4h | 4,348.3 | +0.099% | $70.8M | $334.0M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,348.4 | +0.101% | $3.8M | $4.6M | 40x | as long as short |
| Kalshi KXGOLDPERP | +0.0041% | 24h | 4,345.6 | +0.037% | $4.1M | $37.1M | 15x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,380.3 | +0.836% | — | $1.0M | 25x | as long as short |
Gate XAU_USDT
SunX XAU-USDT
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Aster XAUUSD1
StandX XAU-USD
Kalshi KXGOLDPERP
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0046% | 1h | 4,347.3 | +0.076% | $5.7M | $2.0M | 20x | as long as short |
| Lighter XAU | +0.0048% | 1h | 4,346.7 | +0.063% | $20.6M | $42.6M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.9 | −0.002% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.5 | +0.012% | $293.8M | $48.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,344 | 0.000% | $15.1M | $56.8M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,350.1 | +0.140% | $1.4M | $2.9M | 25x | as long as short |
| Lighter RH XAU | +0.0056% | 1h | 4,348.8 | +0.110% | $20.1M | $39.9M | 25x | as long as short |
| Variational Omni XAU | +0.0057% | 4h | 4,346 | +0.047% | $48.5M | $27.7M | — | as long as short |
| Hotstuff GOLD-PERPlong | +0.0064% | 1h | 4,344 | long leg | $33K | — | 25x | |
| MEXC XAU_USDT | +0.0074% | 4h | 4,347.4 | +0.078% | $370.9M | $320.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0074% | 4h | 4,347.4 | +0.079% | $410.5M | $2.10B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0078% | 8h | 4,347.6 | +0.083% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0085% | 4h | 4,343.7 | −0.007% | $30.2M | $58.5M | 50x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,346.8 | +0.064% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,344 | 0.000% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,347 | +0.069% | $275K | $203K | 50x | as long as short |
| Polymarket Perps GOLD-USD | +0.0116% | 1h | 4,346.8 | +0.064% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,346 | +0.046% | $47K | $77K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0187% | 1h | 4,345.3 | +0.030% | $254K | $752K | 25x | as long as short |
| Bullet GOLD-USD | +0.0192% | 1h | 4,347.4 | +0.079% | $60K | $83K | 10x | as long as short |
| Phemex XAUUSDT | +0.0199% | 4h | 4,350.6 | +0.151% | $2.2M | $1.1M | 100x | as long as short |
| Bybit XAUUSDT | +0.0208% | 4h | 4,348.8 | +0.110% | $84.4M | $145.4M | 150x | as long as short |
| Bitget XAUUSDT | +0.0216% | 4h | 4,347.8 | +0.087% | $70.2M | $109.3M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0260% | 8h | 4,348.9 | +0.113% | $165.3M | $283.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,344.1 | +0.002% | $593K | $133K | 25x | as long as short |
| BloFin XAU-USDT | +0.0293% | 4h | 4,348.1 | +0.095% | $15.5M | $4.6M | 100x | as long as short |
| Bluefin GOLD-PERP | +0.0403% | 1h | 4,342.3 | −0.039% | $25K | $14K | 20x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0405% / S −0.0220% | 1h | 4,347.4 | +0.079% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0588% | 4h | 4,353.1 | +0.209% | $2.9M | $4.2M | 75x | as long as short |
QFEX GOLD-USD
Lighter XAU
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
GRVT XAU_USDT_Perp
Lighter RH XAU
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Polymarket Perps GOLD-USD
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Phemex XAUUSDT
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Bluefin GOLD-PERP
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT