Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Extended against Hotstuff−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Extended is 0.042% cheaper against Hotstuff than usual: you would sell low and buy high (−$4 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 | Hotstuff GOLD-PERP | 4,302.8 | 0.0120 | pay 0.0015% / 1h | 2m 24s | $32K | — | 25x |
| Short | Extended XAU-USD | 4,301 | 0.0104 | get 0.0013% / 1h | 2m 24s | $13.1M | $36.7M | 25x |
Hotstuff GOLD-PERP
Extended XAU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hotstuff. 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
- −$3.36
- Price spread: −0.042% → 0.000%
- −$4.19
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$17.55
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 2 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 0.12 bp | 2.8 bp −$3 | 3.7 bp −$37 | 7.6 bp −$762 | doesn't fit |
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 | 4,311 | +0.190% | $92K | $7.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,303 | +0.005% | $268K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +1.107% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,304.6 | +0.042% | $6.6M | $3.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,337.1 | +0.797% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,301.1 | −0.040% | $289.7M | $53.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,301 | −0.043% | $15.0M | $55.3M | 25x | as long as short |
| Aster XAUUSD1 | +0.0057% | 4h | 4,306 | +0.075% | $72.8M | $272.1M | 20x | as long as short |
| Paradex XAU-USD-PERP | +0.0062% | 8h | 4,304.3 | +0.036% | $2K | $14K | 5x | as long as short |
| Bybit XAUUSDT | +0.0071% | 4h | 4,305 | +0.051% | $77.4M | $156.1M | 150x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Aster XAUUSD1
Paradex XAU-USD-PERP
Bybit XAUUSDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XAU | +0.0072% | 1h | 4,304.1 | +0.030% | $20.2M | $30.3M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,301.8 | −0.023% | $2.0M | $5.1M | 25x | as long as short |
| Bluefin GOLD-PERP | +0.0093% | 1h | 4,300.5 | −0.055% | $25K | $1K | 20x | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,305.5 | +0.063% | $42K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,301.5 | −0.030% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,304 | +0.027% | $269K | $214K | 50x | as long as short |
| Kalshi KXGOLDPERP | +0.0100% | 24h | 4,308.9 | +0.142% | $3.6M | $45.5M | 15x | as long as short |
| Variational Omni XAU | +0.0101% | 4h | 4,306.5 | +0.087% | $46.7M | $29.3M | — | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,306.4 | +0.084% | $19.9M | $40.4M | 25x | as long as short |
| Extended XAU-USDshort | +0.0104% | 1h | 4,301 | −0.042% | $13.1M | $36.7M | 25x | |
| MEXC XAU_USDT | +0.0110% | 4h | 4,304.3 | +0.034% | $363.2M | $343.6M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,304 | +0.027% | $159K | $87 | 10x | as long as short |
| Binance XAUUSDT | +0.0113% | 4h | 4,304.1 | +0.031% | $428.7M | $2.18B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0114% | 4h | 4,308 | +0.120% | $1.4M | $3.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0118% | 4h | 4,306.6 | +0.087% | $286.1M | $433.6M | 100x | as long as short |
| Hotstuff GOLD-PERPlong | +0.0120% | 1h | 4,302.8 | long leg | $32K | — | 25x | |
| edgeX XAUUSDC | +0.0130% | 4h | 4,304.2 | +0.032% | $29.9M | $60.3M | 50x | as long as short |
| StandX XAU-USD | +0.0174% | 1h | 4,310.1 | +0.170% | $3.8M | $4.5M | 40x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0191% | 1h | 4,305.8 | +0.070% | $136K | $866K | 25x | as long as short |
| Bitget XAUUSDT | +0.0192% | 4h | 4,304.1 | +0.030% | $70.6M | $122.0M | 100x | as long as short |
| Bullet GOLD-USD | +0.0199% | 1h | 4,307 | +0.098% | $59K | $81K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0222% | 1h | 4,304.8 | +0.046% | $4.3M | $1.8M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0229% | 1h | 4,304.6 | +0.043% | $573K | $138K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0258% | 8h | 4,303.8 | +0.023% | $172.3M | $313.3M | 100x | as long as short |
| BloFin XAU-USDT | +0.0373% | 4h | 4,307.1 | +0.099% | $16.6M | $4.9M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0464% / S −0.0311% | 1h | 4,307 | +0.099% | $253K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0496% | 4h | 4,311.5 | +0.203% | $2.2M | $951K | 100x | as long as short |
| HTX XAU-USDT | +0.0547% | 4h | 4,314.1 | +0.263% | $3.2M | $6.2M | 75x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,304.3 | +0.034% | $4.5M | $13.1M | 25x | as long as short |
Lighter XAU
Coinbase International GOLD-PERP-INTX
Bluefin GOLD-PERP
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Kalshi KXGOLDPERP
Variational Omni XAU
Lighter RH XAU
MEXC XAU_USDT
Aevo XAU-PERP
Binance XAUUSDT
GRVT XAU_USDT_Perp
Gate XAU_USDT
edgeX XAUUSDC
StandX XAU-USD
Deribit GOLD_USDC-PERPETUAL
Bitget XAUUSDT
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
HTX XAU-USDT
RISEx XAU/USDC