Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.043%
Price spread now: RISEx against Hotstuff+0.111%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.111% dearer against Hotstuff than usual: you sell high and buy low, +$11 on $10k if it 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 | 4,349.1 | 0.0008 | pay 0.0001% / 1h | 45m 08s | $33K | — | 25x |
| Short | RISEx XAU/USDC | 4,353.9 | 0 | get 0.0000% / 1h | 45m 08s | $3.4M | $12.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$1.68
- Price spread: +0.111% → 0.000%
- $11.1
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$1.58
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; RISEx: live order book, 4 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 RISEx live order book, 4 min ago | 0.01 bp | 3.7 bp −$4 | 4.3 bp −$43 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAUUSD | −0.0175% | 1h | 4,351.2 | +0.049% | $600K | $160K | 25x | as long as short |
| tradeXYZ xyz:GOLD | −0.0050% | 1h | 4,349.3 | +0.005% | $292.9M | $53.7M | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,353.7 | +0.106% | $71.3M | $238.4M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,353.4 | +0.098% | $410.4M | $2.09B | 100x | as long as short |
| Bybit XAUUSDT | 0.0000% | 4h | 4,353.9 | +0.110% | $82.5M | $141.8M | 150x | as long as short |
| RISEx XAU/USDCshort | 0.0000% | 1h | 4,353.9 | +0.111% | $3.4M | $12.5M | 25x | |
| Gate XAU_USDT | 0.0000% | 4h | 4,354.3 | +0.120% | $271.0M | $407.1M | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,353.3 | +0.097% | $374.5M | $349.4M | 1000x | as long as short |
| Bitget XAUUSDT | 0.0000% | 4h | 4,353.3 | +0.097% | $67.3M | $110.9M | 100x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,352.9 | +0.088% | $47.9M | $32.4M | — | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT XAU_USDT_Perp | 0.0000% | 4h | 4,352.9 | +0.087% | $1.4M | $3.2M | 25x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,351.6 | +0.057% | $4.0M | $34.1M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,357.5 | +0.192% | $93K | $10.7M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,349.7 | +0.014% | $267K | — | 10x | as long as short |
| QFEX GOLD-USD | +0.0002% | 1h | 4,352.2 | +0.071% | $5.5M | $1.9M | 20x | as long as short |
| Hotstuff GOLD-PERPlong | +0.0008% | 1h | 4,349.1 | long leg | $33K | — | 25x | |
| edgeX XAUUSDC | +0.0012% | 4h | 4,348.3 | −0.017% | $30.3M | $58.2M | 50x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,351.9 | +0.063% | $20.8M | $43.4M | 25x | as long as short |
| Lighter RH XAU | +0.0032% | 1h | 4,353.7 | +0.107% | $20.2M | $41.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,349.8 | +0.015% | $13.1M | $49.4M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.030% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,353 | +0.090% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,387.5 | +0.883% | — | $1.0M | 25x | as long as short |
| HTX XAU-USDT | +0.0048% | 4h | 4,356.9 | +0.180% | $2.8M | $3.8M | 75x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,352.3 | +0.074% | $4.3M | $1.7M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,349.5 | +0.009% | $14.4M | $55.5M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0051% | 8h | 4,353.5 | +0.102% | $19K | $6K | 5x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,352.9 | +0.087% | $161K | $87 | 10x | as long as short |
| Bullet GOLD-USD | +0.0098% | 1h | 4,353.5 | +0.101% | $59K | $84K | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,350.6 | +0.034% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,350.2 | +0.024% | $273K | $204K | 50x | as long as short |
| Phoenix GOLD | +0.0109% | 1h | 4,349.7 | +0.014% | $47K | $65K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0118% | 1h | 4,351.8 | +0.062% | $221K | $853K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0164% | 8h | 4,354 | +0.113% | $158.6M | $267.6M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0208% | 1h | 4,350.8 | +0.039% | $2.0M | $5.1M | 25x | as long as short |
| BloFin XAU-USDT | +0.0240% | 4h | 4,353.9 | +0.111% | $14.7M | $4.3M | 100x | as long as short |
| Phemex XAUUSDT | +0.0310% | 4h | 4,354.1 | +0.116% | $2.2M | $1.1M | 100x | as long as short |
| Bluefin GOLD-PERP | +0.0420% | 1h | 4,347.6 | −0.035% | $26K | $21K | 20x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0450% / S −0.0246% | 1h | 4,353.5 | +0.101% | $251K | — | 29x | as long as short |
RISEx XAU/USDC
Kraken Futures PF_XAUUSD
tradeXYZ xyz:GOLD
Aster XAUUSD1
Binance XAUUSDT
Bybit XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
Bitget XAUUSDT
Variational Omni XAU
GRVT XAU_USDT_Perp
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
edgeX XAUUSDC
Lighter XAU
Lighter RH XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
HTX XAU-USDT
Polymarket Perps GOLD-USD
Paradex XAU-USD-PERP
Bullet GOLD-USD
Pacifica XAU
ApeX Omni XAUUSDT
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Coinbase International GOLD-PERP-INTX
BloFin XAU-USDT
Phemex XAUUSDT
Bluefin GOLD-PERP
GMX GOLD/USD [ETH-USDC]