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

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOLD-PERP4,349.10.0008pay 0.0001% / 1h45m 08s$33K25x
ShortRISEx XAU/USDC4,353.90get 0.0000% / 1h45m 08s$3.4M$12.5M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell RISEx live order book, 4 min ago0.01 bp3.7 bp −$44.3 bp −$43doesn'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
Kraken Futures PF_XAUUSD−0.0175%1h4,351.2+0.049%$600K$160K25xas long as short
tradeXYZ xyz:GOLD−0.0050%1h4,349.3+0.005%$292.9M$53.7M25xas long as short
Aster XAUUSD10.0000%4h4,353.7+0.106%$71.3M$238.4M20xas long as short
Binance XAUUSDT0.0000%4h4,353.4+0.098%$410.4M$2.09B100xas long as short
Bybit XAUUSDT0.0000%4h4,353.9+0.110%$82.5M$141.8M150xas long as short
RISEx XAU/USDCshort0.0000%1h4,353.9+0.111%$3.4M$12.5M25x
Gate XAU_USDT0.0000%4h4,354.3+0.120%$271.0M$407.1M100xas long as short
MEXC XAU_USDT0.0000%4h4,353.3+0.097%$374.5M$349.4M1000xas long as short
Bitget XAUUSDT0.0000%4h4,353.3+0.097%$67.3M$110.9M100xas long as short
Variational Omni XAU0.0000%4h4,352.9+0.088%$47.9M$32.4Mas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT XAU_USDT_Perp0.0000%4h4,352.9+0.087%$1.4M$3.2M25xas long as short
Kalshi KXGOLDPERP0.0000%24h4,351.6+0.057%$4.0M$34.1M15xas long as short
SunX XAU-USDT0.0000%4h4,357.5+0.192%$93K$10.7M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,349.7+0.014%$267K10xas long as short
QFEX GOLD-USD+0.0002%1h4,352.2+0.071%$5.5M$1.9M20xas long as short
Hotstuff GOLD-PERPlong+0.0008%1h4,349.1long leg$33K25x
edgeX XAUUSDC+0.0012%4h4,348.3−0.017%$30.3M$58.2M50xas long as short
Lighter XAU+0.0032%1h4,351.9+0.063%$20.8M$43.4M25xas long as short
Lighter RH XAU+0.0032%1h4,353.7+0.107%$20.2M$41.2M25xas long as short
Extended XAU-USD+0.0032%1h4,349.8+0.015%$13.1M$49.4M25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.030%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,353+0.090%$3.8M$4.7M40xas long as short
Vest GC-PERP+0.0046%1h4,387.5+0.883%$1.0M25xas long as short
HTX XAU-USDT+0.0048%4h4,356.9+0.180%$2.8M$3.8M75xas long as short
Polymarket Perps GOLD-USD+0.0050%1h4,352.3+0.074%$4.3M$1.7M20xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,349.5+0.009%$14.4M$55.5M25xas long as short
Paradex XAU-USD-PERP+0.0051%8h4,353.5+0.102%$19K$6K5xas long as short
Aevo XAU-PERP+0.0080%1h4,352.9+0.087%$161K$8710xas long as short
Bullet GOLD-USD+0.0098%1h4,353.5+0.101%$59K$84K10xas long as short
Pacifica XAU+0.0100%1h4,350.6+0.034%$1.4M$1.3M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,350.2+0.024%$273K$204K50xas long as short
Phoenix GOLD+0.0109%1h4,349.7+0.014%$47K$65K25xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0118%1h4,351.8+0.062%$221K$853K25xas long as short
OKX XAU-USDT-SWAP+0.0164%8h4,354+0.113%$158.6M$267.6M100xas long as short
Coinbase International GOLD-PERP-INTX+0.0208%1h4,350.8+0.039%$2.0M$5.1M25xas long as short
BloFin XAU-USDT+0.0240%4h4,353.9+0.111%$14.7M$4.3M100xas long as short
Phemex XAUUSDT+0.0310%4h4,354.1+0.116%$2.2M$1.1M100xas long as short
Bluefin GOLD-PERP+0.0420%1h4,347.6−0.035%$26K$21K20xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0450% / S −0.0246%1h4,353.5+0.101%$251K29xas long as short