XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0555%/8h= −60.8% APRnext payment −$0.69 per $10,000 · paid last 24h −0.013%

Price spread now: Hotstuff against RISEx−0.071%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on Hotstuff

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 days—no price history on both exchanges yet

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

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Hotstuff is 0.071% cheaper against RISEx 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	RISEx XAU/USDC	4,319.4	0.0643	pay 0.0080% / 1h	12m 15s	$4.5M	$13.3M	25x
Short	Hotstuff GOLD-PERP	4,316.3	0.0088	get 0.0011% / 1h	12m 15s	$32K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against RISEx. 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 RISExbpFee HotstuffbpOrdersPrice spread, now −0.071%Rate

Funding earned: −$116.51
Price spread: −0.071% → 0.000%: −$7.15
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$134.66
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: RISEx: 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 RISEx live order book, 2 min ago	0.35 bp	3.3 bp −$3	3.6 bp −$36	34.2 bp −$3,423	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
SunX XAU-USDT	0.0000%	4h	4,323.7	+0.100%	$92K	$7.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,315.8	−0.083%	$269K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.718%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,318.3	−0.025%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,351.2	+0.736%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,315.9	−0.081%	$291.0M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,315.5	−0.090%	$15.0M	$55.5M	25x	as long as short
Bluefin GOLD-PERP	+0.0056%	1h	4,312.3	−0.165%	$25K	$1K	20x	as long as short
Aster XAUUSD1	+0.0059%	4h	4,320.4	+0.024%	$73.0M	$271.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0063%	8h	4,318.8	−0.014%	$2K	$14K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0067%	4h	4,320.7	+0.030%	$78.0M	$153.6M	150x	as long as short
Lighter XAU	+0.0072%	1h	4,318.7	−0.016%	$20.3M	$30.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,315.3	−0.095%	$2.0M	$5.1M	25x	as long as short
Hotstuff GOLD-PERPshort	+0.0088%	1h	4,316.3	−0.071%	$32K	—	25x
StandX XAU-USD	+0.0093%	1h	4,320	+0.014%	$3.8M	$4.5M	40x	as long as short
Phoenix GOLD	+0.0096%	1h	4,314.7	−0.109%	$42K	$79K	25x	as long as short
Kalshi KXGOLDPERP	+0.0098%	24h	4,318.9	−0.011%	$3.6M	$44.9M	15x	as long as short
Variational Omni XAU	+0.0098%	4h	4,314	−0.125%	$47.1M	$29.0M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,315.9	−0.080%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,311.4	−0.185%	$271K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,321	+0.037%	$20.0M	$40.0M	25x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,319.6	+0.004%	$363.5M	$335.7M	1000x	as long as short
Binance XAUUSDT	+0.0111%	4h	4,319.6	+0.006%	$429.8M	$2.14B	100x	as long as short
Extended XAU-USD	+0.0112%	1h	4,315.7	−0.084%	$13.2M	$36.7M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0112%	4h	4,315.1	−0.100%	$1.4M	$3.0M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,318.7	−0.015%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,309.9	−0.219%	$30.0M	$60.5M	50x	as long as short
Gate XAU_USDT	+0.0114%	4h	4,321.7	+0.053%	$287.1M	$426.8M	100x	as long as short
Bitget XAUUSDT	+0.0192%	4h	4,319.7	+0.006%	$70.5M	$120.0M	100x	as long as short
Bullet GOLD-USD	+0.0203%	1h	4,319.6	+0.006%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0223%	1h	4,320.2	+0.019%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,317.1	−0.054%	$574K	$138K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0237%	1h	4,317.7	−0.039%	$161K	$878K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0267%	8h	4,319.7	+0.007%	$175.3M	$302.5M	100x	as long as short
BloFin XAU-USDT	+0.0351%	4h	4,319.1	−0.007%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0402%	4h	4,320.3	+0.020%	$2.2M	$949K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0466% / S −0.0311%	1h	4,319.6	+0.006%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0523%	4h	4,324	+0.107%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDClong	+0.0643%	1h	4,319.4	long leg	$4.5M	$13.3M	25x