XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.10 per $10,000 · paid last 24h −0.017%

Price spread now: Hotstuff against Pacifica−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Hotstuff

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · Hotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.058% cheaper against Pacifica than usual: you would sell low and buy high (−$6 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	Pacifica XAU	4,369.7	0.0100	pay 0.0013% / 1h	0m 48s	$1.4M	$1.2M	10x
Short	Hotstuff GOLD-PERP	4,367.2	0.0024	get 0.0003% / 1h	0m 48s	$33K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee HotstuffbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$15.96
Price spread: −0.058% → 0.000%: −$5.78
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$34.74
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 3 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 Pacifica live order book, 3 min ago	0.11 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
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
Bluefin GOLD-PERP	−0.0269%	1h	4,365.9	−0.088%	$26K	$22K	20x	as long as short
Phoenix GOLD	−0.0004%	1h	4,368.5	−0.028%	$48K	$65K	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,373.8	+0.094%	$71.9M	$223.6M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,373.4	+0.084%	$411.3M	$2.14B	100x	as long as short
Bybit XAUUSDT	0.0000%	4h	4,373.7	+0.091%	$82.7M	$142.7M	150x	as long as short
RISEx XAU/USDC	0.0000%	1h	4,373.4	+0.084%	$3.4M	$12.3M	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,373.8	+0.093%	$268.1M	$420.9M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,373.5	+0.086%	$375.6M	$325.5M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,373.4	+0.084%	$69.7M	$113.6M	100x	as long as short
Variational Omni XAU	0.0000%	4h	4,372.6	+0.066%	$48.6M	$28.4M	—	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	4,369.3	−0.009%	$1.4M	$3.2M	25x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,370.2	+0.011%	$4.0M	$36.4M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,377.3	+0.173%	$93K	$10.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,370.3	+0.012%	$268K	—	250x	as long as short
edgeX XAUUSDC	+0.0011%	4h	4,365.3	−0.101%	$30.4M	$59.6M	50x	as long as short
Hotstuff GOLD-PERPshort	+0.0024%	1h	4,367.2	−0.058%	$33K	—	25x
QFEX GOLD-USD	+0.0032%	1h	4,372.3	+0.059%	$5.6M	$1.9M	20x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.442%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,371.5	+0.041%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,407.6	+0.867%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,372.5	+0.064%	$20.7M	$45.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,369.6	−0.003%	$294.5M	$53.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,369.1	−0.015%	$14.7M	$57.1M	25x	as long as short
Lighter RH XAU	+0.0056%	1h	4,374.7	+0.113%	$20.2M	$42.5M	25x	as long as short
Paradex XAU-USD-PERP	+0.0060%	8h	4,373.1	+0.076%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,372.4	+0.061%	$162K	$87	10x	as long as short
Extended XAU-USD	+0.0096%	1h	4,370	+0.006%	$13.2M	$44.5M	25x	as long as short
Pacifica XAUlong	+0.0100%	1h	4,369.7	long leg	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,368.3	−0.032%	$277K	$204K	50x	as long as short
Polymarket Perps GOLD-USD	+0.0111%	1h	4,372.9	+0.073%	$4.3M	$1.8M	20x	as long as short
Bullet GOLD-USD	+0.0128%	1h	4,373.9	+0.096%	$59K	$82K	10x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0152%	1h	4,371.2	+0.034%	$2.0M	$5.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0163%	8h	4,373.7	+0.091%	$158.9M	$274.3M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0185%	1h	4,372.5	+0.064%	$236K	$717K	25x	as long as short
HTX XAU-USDT	+0.0212%	4h	4,375.5	+0.132%	$2.9M	$3.8M	75x	as long as short
Kraken Futures PF_XAUUSD	+0.0219%	1h	4,370.7	+0.023%	$603K	$147K	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,373.8	+0.094%	$14.8M	$4.5M	100x	as long as short
Phemex XAUUSDT	+0.0325%	4h	4,376.7	+0.159%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,374	+0.098%	$252K	—	111x	as long as short