Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.033%
Price spread now: Polymarket Perps 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
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,304.9−0.0048get 0.0006% / 1h38m 19s$32K25x
ShortPolymarket Perps GOLD-USD4,304.70.0050get 0.0006% / 1h38m 19s$4.3M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$20.58
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 Polymarket Perps: 4 bp × 2 orders
−$8
Net
$7.12
Costs to cover
0.130%
Break-even
4.6 days
Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Polymarket Perps live order book, 1 min ago166.20 bp833.1 bp −$833doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOLD-PERPlong−0.0048%1h4,304.9long leg$32K25x
SunX XAU-USDT0.0000%4h4,312.1+0.167%$92K$6.8M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,304.6−0.006%$278K250xas long as short
GRVT XAU_USDT_Perp+0.0018%4h4,306+0.026%$1.4M$3.1M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+1.057%$619$5452xas long as short
Vest GC-PERP+0.0046%1h4,339.9+0.813%$1.0M25xas long as short
QFEX GOLD-USD+0.0046%1h4,307+0.049%$6.6M$3.1M20xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,305.4+0.012%$291.0M$53.8M25xas long as short
Polymarket Perps GOLD-USDshort+0.0050%1h4,304.7−0.005%$4.3M$1.8M20x
StandX XAU-USD+0.0050%1h4,309.7+0.112%$3.8M$4.5M40xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAU-USD.P+0.0050%1h4,304.6−0.008%$15.0M$55.8M25xas long as short
Aster XAUUSD1+0.0052%4h4,309.5+0.108%$73.4M$271.8M20xas long as short
Extended XAU-USD+0.0056%1h4,304.5−0.010%$13.1M$36.3M25xas long as short
Coinbase International GOLD-PERP-INTX+0.0056%1h4,303.6−0.030%$2.0M$5.1M25xas long as short
Paradex XAU-USD-PERP+0.0061%8h4,306.8+0.045%$2K$13K5xas long as short
Bybit XAUUSDT+0.0074%4h4,309.6+0.109%$77.5M$157.2M150xas long as short
Lighter XAU+0.0080%1h4,306.9+0.047%$20.3M$28.8M25xas long as short
Variational Omni XAU+0.0087%4h4,306.3+0.031%$46.6M$29.2Mas long as short
Phoenix GOLD+0.0095%1h4,303.2−0.039%$42K$86K25xas long as short
Lighter RH XAU+0.0096%1h4,309.6+0.109%$19.8M$39.8M25xas long as short
Pacifica XAU+0.0100%1h4,303.8−0.026%$1.4M$1.2M10xas long as short
MEXC XAU_USDT+0.0100%4h4,308.8+0.089%$361.0M$336.8M1000xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,304.3−0.013%$275K$218K50xas long as short
Binance XAUUSDT+0.0101%4h4,308.6+0.086%$434.3M$2.22B100xas long as short
Aevo XAU-PERP+0.0104%1h4,307.1+0.051%$160K$8710xas long as short
Kalshi KXGOLDPERP+0.0108%24h4,310.1+0.121%$3.7M$46.4M15xas long as short
edgeX XAUUSDC+0.0121%4h4,304.7−0.005%$30.0M$61.4M50xas long as short
RISEx XAU/USDC+0.0126%1h4,308.2+0.076%$4.4M$13.1M25xas long as short
Gate XAU_USDT+0.0138%4h4,310.7+0.135%$296.0M$425.9M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0168%1h4,307.1+0.051%$134K$884K25xas long as short
Bitget XAUUSDT+0.0190%4h4,308.7+0.089%$70.3M$124.3M100xas long as short
Bullet GOLD-USD+0.0200%1h4,308.4+0.082%$58K$81K10xas long as short
OKX XAU-USDT-SWAP+0.0249%8h4,309.5+0.107%$170.8M$329.3M100xas long as short
Kraken Futures PF_XAUUSD+0.0328%1h4,306+0.026%$573K$138K25xas long as short
BloFin XAU-USDT+0.0364%4h4,308.3+0.079%$16.2M$5.0M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0466% / S −0.0314%1h4,308.7+0.089%$255K111xas long as short
Phemex XAUUSDT+0.0622%4h4,311.8+0.161%$2.2M$951K100xas long as short
HTX XAU-USDT+0.1059%4h4,315.7+0.250%$3.2M$6.2M75xas long as short
Bluefin GOLD-PERP+0.5012%1h4,302.8−0.048%$25K$1K20xas long as short