Funding you earn now, next payment 02:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: Hotstuff against tradeXYZ+0.002%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
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GOLD | 4,360.6 | 0.0050 | pay 0.0006% / 1h | 58m 28s | $294.3M | $51.8M | 25x |
| Short | Hotstuff GOLD-PERP | 4,360.7 | 0.0016 | get 0.0002% / 1h | 58m 28s | $33K | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against tradeXYZ. 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
- −$7.14
- Price spread: +0.002% → 0.000%
- $0.23
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$29.91
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago | 0.12 bp | 9.1 bp −$9 | 9.5 bp −$95 | 11.4 bp −$1,143 | 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 | −0.0167% | 1h | 4,355.4 | −0.119% | $26K | $22K | 20x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,364.9 | +0.097% | $69.9M | $245.8M | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,364.6 | +0.091% | $264.8M | $400.4M | 100x | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,360 | −0.014% | $4.0M | $36.4M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,365.4 | +0.109% | $93K | $10.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,360.1 | −0.012% | $270K | — | 250x | as long as short |
| Hotstuff GOLD-PERPshort | +0.0016% | 1h | 4,360.7 | +0.002% | $33K | — | 25x | |
| Extended XAU-USD | +0.0032% | 1h | 4,360.4 | −0.005% | $13.5M | $43.5M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.233% | $619 | $54 | 52x | as long as short |
| Variational Omni XAU | +0.0040% | 4h | 4,362 | +0.032% | $48.4M | $28.5M | — | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAU-USD | +0.0040% | 1h | 4,363.3 | +0.062% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,398 | +0.858% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLDlong | +0.0050% | 1h | 4,360.6 | long leg | $294.3M | $51.8M | 25x | |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,363.4 | +0.064% | $4.3M | $1.8M | 20x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,360.7 | +0.002% | $14.8M | $57.2M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,363.7 | +0.071% | $5.6M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,359.6 | −0.023% | $48K | $64K | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,363.4 | +0.063% | $20.6M | $43.2M | 25x | as long as short |
| MEXC XAU_USDT | +0.0060% | 4h | 4,364.1 | +0.080% | $372.5M | $318.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0062% | 4h | 4,363.9 | +0.075% | $411.7M | $2.12B | 100x | as long as short |
| edgeX XAUUSDC | +0.0063% | 4h | 4,356.5 | −0.093% | $30.3M | $60.4M | 50x | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,365.8 | +0.118% | $20.2M | $40.5M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,358.6 | −0.046% | $2.0M | $5.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0088% | 8h | 4,363.9 | +0.077% | $19K | $5K | 5x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,360.8 | +0.006% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,361 | +0.009% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,359.2 | −0.033% | $275K | $204K | 50x | as long as short |
| Bitget XAUUSDT | +0.0114% | 4h | 4,364.8 | +0.096% | $69.5M | $111.3M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0117% | 1h | 4,359.8 | −0.018% | $235K | $659K | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,364.6 | +0.092% | $3.4M | $12.4M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0152% | 4h | 4,362.3 | +0.038% | $1.4M | $3.1M | 25x | as long as short |
| Bullet GOLD-USD | +0.0184% | 1h | 4,364.4 | +0.087% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0195% | 4h | 4,363.7 | +0.072% | $83.6M | $144.8M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0217% | 8h | 4,364.5 | +0.089% | $164.3M | $286.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0241% | 4h | 4,362.7 | +0.049% | $15.4M | $4.6M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,358.7 | −0.043% | $594K | $141K | 25x | as long as short |
| Phemex XAUUSDT | +0.0291% | 4h | 4,364.2 | +0.081% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,363.9 | +0.076% | $254K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0558% | 4h | 4,368 | +0.169% | $2.9M | $3.9M | 75x | as long as short |
tradeXYZ xyz:GOLD
Bluefin GOLD-PERP
Aster XAUUSD1
Gate XAU_USDT
Kalshi KXGOLDPERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
Variational Omni XAU
StandX XAU-USD
Polymarket Perps GOLD-USD
Phoenix GOLD
Lighter XAU
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Lighter RH XAU
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
RISEx XAU/USDC
GRVT XAU_USDT_Perp
Bullet GOLD-USD
Bybit XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT