Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h −0.026%
Price spread now: Hotstuff against Variational Omni−0.058%7-day average — · you buy dearer than you sell
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 airdropVariational Omni: Active · Hotstuff: 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: Hotstuff is 0.058% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XAU | 4,347.1 | 0.0077 | pay 0.0038% / 4h | 46m 07s | $48.4M | $27.7M | — |
| Short | Hotstuff GOLD-PERP | 4,344.6 | 0.0080 | get 0.0010% / 1h | 46m 07s | $33K | — | 25x |
Variational Omni XAU
Hotstuff GOLD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Variational Omni. 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
- $0.73
- Price spread: −0.058% → 0.000%
- −$5.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$10.05
- Costs to cover
- 0.050%
- Break-even
- 103.3 days
Slippage unknown: Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 3 min ago | 1.54 bp | doesn't fit | 2.0 bp −$20 | 5.2 bp −$525 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,347.4 | +0.006% | $3.4M | $12.3M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,351.9 | +0.109% | $92K | $9.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,343.5 | −0.083% | $271K | — | 250x | as long as short |
| Gate XAU_USDT | +0.0014% | 4h | 4,349.2 | +0.049% | $269.1M | $409.7M | 100x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,346.1 | −0.022% | $20.8M | $37.7M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.5 | −0.083% | $13.3M | $38.6M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.076% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,347.2 | +0.002% | $3.8M | $4.6M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,345.9 | −0.028% | $5.7M | $2.0M | 20x | as long as short |
| Kalshi KXGOLDPERP | +0.0043% | 24h | 4,345.7 | −0.032% | $4.1M | $37.1M | 15x | as long as short |
RISEx XAU/USDC
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Gate XAU_USDT
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Kalshi KXGOLDPERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,380.4 | +0.766% | — | $1.1M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,342.7 | −0.101% | $2.0M | $4.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,344.3 | −0.065% | $15.1M | $56.7M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0054% | 1h | 4,344.8 | −0.053% | $293.8M | $48.7M | 25x | as long as short |
| Aster XAUUSD1 | +0.0056% | 4h | 4,348.1 | +0.023% | $71.0M | $333.8M | 20x | as long as short |
| Lighter RH XAU | +0.0056% | 1h | 4,348.5 | +0.033% | $20.1M | $39.1M | 25x | as long as short |
| Variational Omni XAUlong | +0.0077% | 4h | 4,347.1 | long leg | $48.4M | $27.7M | — | |
| Hotstuff GOLD-PERPshort | +0.0080% | 1h | 4,344.6 | −0.058% | $33K | — | 25x | |
| GRVT XAU_USDT_Perp | +0.0080% | 4h | 4,345.1 | −0.047% | $1.4M | $3.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0086% | 8h | 4,347.4 | +0.006% | $19K | $5K | 5x | as long as short |
| MEXC XAU_USDT | +0.0088% | 4h | 4,347.9 | +0.017% | $371.7M | $316.6M | 1000x | as long as short |
| edgeX XAUUSDC | +0.0089% | 4h | 4,340.2 | −0.159% | $30.2M | $58.5M | 50x | as long as short |
| Binance XAUUSDT | +0.0090% | 4h | 4,347.9 | +0.018% | $412.8M | $2.09B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,343.7 | −0.078% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,342.5 | −0.107% | $274K | $203K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,347 | −0.002% | $161K | $87 | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0118% | 1h | 4,345.4 | −0.039% | $243K | $787K | 25x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,343 | −0.095% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0162% | 1h | 4,347.4 | +0.007% | $4.3M | $1.9M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,345.2 | −0.043% | $593K | $133K | 25x | as long as short |
| Phemex XAUUSDT | +0.0207% | 4h | 4,348.8 | +0.039% | $2.2M | $972K | 100x | as long as short |
| Bullet GOLD-USD | +0.0217% | 1h | 4,348 | +0.020% | $60K | $83K | 10x | as long as short |
| Bitget XAUUSDT | +0.0230% | 4h | 4,347.8 | +0.016% | $70.0M | $109.2M | 100x | as long as short |
| Bybit XAUUSDT | +0.0232% | 4h | 4,349.1 | +0.046% | $84.8M | $144.8M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0278% | 8h | 4,349.3 | +0.050% | $165.5M | $281.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0329% | 4h | 4,347.1 | 0.000% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0411% / S −0.0227% | 1h | 4,347.9 | +0.019% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0626% | 4h | 4,351.9 | +0.110% | $2.9M | $4.3M | 75x | as long as short |
| Bluefin GOLD-PERP | +0.1456% | 1h | 4,340.4 | −0.154% | $25K | $14K | 20x | as long as short |
Vest GC-PERP
Coinbase International GOLD-PERP-INTX
Ondo Perps XAU-USD.P
tradeXYZ xyz:GOLD
Aster XAUUSD1
Lighter RH XAU
GRVT XAU_USDT_Perp
Paradex XAU-USD-PERP
MEXC XAU_USDT
edgeX XAUUSDC
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
Deribit GOLD_USDC-PERPETUAL
Phoenix GOLD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
Bybit XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT
Bluefin GOLD-PERP