Funding you earn now, next payment 09:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.013%
Price spread now: Hotstuff against MEXC−0.071%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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 0.071% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XAU_USDT | 4,307.6 | 0.0104 | pay 0.0052% / 4h | 3h 32m | $353.1M | $338.2M | 1000x |
| Short | Hotstuff GOLD-PERP | 4,304.5 | 0.0008 | get 0.0001% / 1h | 32m 30s | $32K | — | 25x |
MEXC XAU_USDT
Hotstuff GOLD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against MEXC. 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
- −$20.16
- Price spread: −0.071% → 0.000%
- −$7.1
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$36.26
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; Hotstuff: no order-book sample. 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 MEXC live order book, 2 min ago | 0.04 bp | 2.0 bp −$2 | 2.0 bp −$20 | 4.5 bp −$449 | 24.7 bp −$12.4K |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,310.6 | +0.071% | $92K | $6.8M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,302.6 | −0.115% | $273K | — | 250x | as long as short |
| Hotstuff GOLD-PERPshort | +0.0008% | 1h | 4,304.5 | −0.071% | $32K | — | 25x | |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.995% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,307.5 | −0.001% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,338.3 | +0.714% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,305.9 | −0.039% | $6.6M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,304.3 | −0.076% | $291.0M | $54.0M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,303.5 | −0.094% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,303.9 | −0.084% | $15.0M | $55.9M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
Vest GC-PERP
QFEX GOLD-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USD
Ondo Perps XAU-USD.PShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | +0.0054% | 4h | 4,308.8 | +0.028% | $73.4M | $272.0M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,305.8 | −0.041% | $2.0M | $5.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0061% | 8h | 4,306.9 | −0.016% | $2K | $13K | 5x | as long as short |
| Extended XAU-USD | +0.0072% | 1h | 4,303.4 | −0.097% | $13.1M | $36.3M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0074% | 4h | 4,307.8 | +0.005% | $1.4M | $3.0M | 25x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,306.9 | −0.016% | $20.3M | $28.9M | 25x | as long as short |
| Variational Omni XAU | +0.0089% | 4h | 4,305.9 | −0.039% | $46.6M | $29.2M | — | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,306.2 | −0.032% | $42K | $86K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,303.4 | −0.096% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,305.2 | −0.055% | $275K | $218K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,309.4 | +0.042% | $19.8M | $40.0M | 25x | as long as short |
| MEXC XAU_USDTlong | +0.0104% | 4h | 4,307.6 | long leg | $353.1M | $338.2M | 1000x | |
| Aevo XAU-PERP | +0.0104% | 1h | 4,306.8 | −0.018% | $159K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0107% | 4h | 4,307.6 | 0.000% | $436.1M | $2.23B | 100x | as long as short |
| edgeX XAUUSDC | +0.0109% | 4h | 4,305.9 | −0.040% | $30.0M | $61.8M | 50x | as long as short |
| Kalshi KXGOLDPERP | +0.0110% | 24h | 4,308.8 | +0.029% | $3.7M | $46.5M | 15x | as long as short |
| Bybit XAUUSDT | +0.0117% | 4h | 4,308.5 | +0.022% | $77.6M | $157.8M | 150x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,306.9 | −0.015% | $4.4M | $13.1M | 25x | as long as short |
| Gate XAU_USDT | +0.0158% | 4h | 4,309.9 | +0.054% | $296.7M | $428.1M | 100x | as long as short |
| Bitget XAUUSDT | +0.0192% | 4h | 4,307.8 | +0.006% | $70.6M | $125.3M | 100x | as long as short |
| Bullet GOLD-USD | +0.0197% | 1h | 4,306.7 | −0.019% | $58K | $81K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0238% | 1h | 4,305.2 | −0.055% | $134K | $847K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0250% | 8h | 4,308.4 | +0.020% | $171.4M | $330.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,304 | −0.084% | $572K | $138K | 25x | as long as short |
| BloFin XAU-USDT | +0.0381% | 4h | 4,306.9 | −0.014% | $16.2M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0467% / S −0.0314% | 1h | 4,306.8 | −0.018% | $255K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0540% | 4h | 4,311 | +0.079% | $2.2M | $956K | 100x | as long as short |
| HTX XAU-USDT | +0.1150% | 4h | 4,313.6 | +0.141% | $3.2M | $6.2M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.3952% | 1h | 4,302.6 | −0.114% | $25K | $1K | 20x | as long as short |
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Extended XAU-USD
GRVT XAU_USDT_Perp
Lighter XAU
Variational Omni XAU
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Lighter RH XAU
Aevo XAU-PERP
Binance XAUUSDT
edgeX XAUUSDC
Kalshi KXGOLDPERP
Bybit XAUUSDT
RISEx XAU/USDC
Gate XAU_USDT
Bitget XAUUSDT
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
Bluefin GOLD-PERP