XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.8% APRnext payment −$0.12 per $10,000 · paid last 24h +0.015%

Price spread now: Hotstuff against gTrade (Gains Network)+0.021%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)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 airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.021% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAU/USD	4,321.6	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	33m 17s	$270K	—	250x
Short	Hotstuff GOLD-PERP	4,322.5	−0.0096	pay 0.0012% / 1h	33m 17s	$32K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee HotstuffbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$20.66
Price spread: +0.021% → 0.000%: $2.11
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$30.55
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 36 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 gTrade (Gains Network) virtual book (oracle venue), 36 min ago	130.01 bp	133.5 bp −$134	196.7 bp −$1,967	1352.9 bp −$135.3K	5907.8 bp −$2.95M
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	−0.0097%	1h	4,320.3	−0.031%	$25K	$1K	20x	as long as short
Hotstuff GOLD-PERPshort	−0.0096%	1h	4,322.5	+0.021%	$32K	—	25x
SunX XAU-USDT	0.0000%	4h	4,330.1	+0.196%	$92K	$7.3M	20x	as long as short
gTrade (Gains Network) XAU/USDlong	L +0.0002% / S −0.0003%	1h	4,321.6	long leg	$270K	—	250x
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.667%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,327.2	+0.130%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,324.6	+0.070%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,358.1	+0.845%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,322.6	+0.023%	$291.8M	$51.5M	25x	as long as short
Bybit XAUUSDT	+0.0050%	4h	4,326.8	+0.121%	$77.6M	$152.8M	150x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,321.7	+0.003%	$15.0M	$55.6M	25x	as long as short
Aster XAUUSD1	+0.0057%	4h	4,326.8	+0.122%	$72.9M	$272.0M	20x	as long as short
Lighter XAU	+0.0064%	1h	4,324.8	+0.075%	$20.5M	$29.2M	25x	as long as short
Paradex XAU-USD-PERP	+0.0066%	8h	4,324.8	+0.075%	$2K	$14K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,322.2	+0.014%	$2.1M	$4.8M	25x	as long as short
Variational Omni XAU	+0.0089%	4h	4,324.9	+0.076%	$47.2M	$29.3M	—	as long as short
Kalshi KXGOLDPERP	+0.0092%	24h	4,327.8	+0.144%	$3.8M	$44.6M	15x	as long as short
Phoenix GOLD	+0.0096%	1h	4,323.3	+0.040%	$47K	$79K	25x	as long as short
MEXC XAU_USDT	+0.0098%	4h	4,325.9	+0.099%	$363.4M	$327.5M	1000x	as long as short
Pacifica XAU	+0.0100%	1h	4,322.1	+0.012%	$1.4M	$1.2M	10x	as long as short
GRVT XAU_USDT_Perp	+0.0100%	4h	4,326.8	+0.120%	$1.4M	$3.0M	25x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,322.7	+0.026%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0101%	4h	4,325.8	+0.097%	$425.2M	$2.13B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,325.1	+0.082%	$160K	$87	10x	as long as short
Gate XAU_USDT	+0.0106%	4h	4,327.9	+0.145%	$284.3M	$416.2M	100x	as long as short
edgeX XAUUSDC	+0.0117%	4h	4,323.1	+0.034%	$30.1M	$59.6M	50x	as long as short
Lighter RH XAU	+0.0120%	1h	4,327.7	+0.141%	$20.0M	$39.1M	25x	as long as short
Extended XAU-USD	+0.0128%	1h	4,321.6	−0.001%	$13.2M	$36.8M	25x	as long as short
Bitget XAUUSDT	+0.0194%	4h	4,325.7	+0.094%	$70.1M	$118.6M	100x	as long as short
Bullet GOLD-USD	+0.0206%	1h	4,326	+0.102%	$58K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,326	+0.102%	$4.3M	$1.9M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,322.9	+0.031%	$578K	$135K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0259%	1h	4,324	+0.056%	$163K	$871K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0276%	8h	4,326.3	+0.109%	$173.9M	$299.1M	100x	as long as short
BloFin XAU-USDT	+0.0339%	4h	4,325.8	+0.097%	$16.4M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0361%	4h	4,328.9	+0.170%	$2.2M	$975K	100x	as long as short
HTX XAU-USDT	+0.0415%	4h	4,331.9	+0.238%	$3.2M	$5.9M	75x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,325.9	+0.099%	$253K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,325.7	+0.094%	$4.6M	$13.3M	25x	as long as short