XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.027%

Price spread now: Hotstuff against Polymarket Perps−0.014%7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOLD-USD	4,346.4	0.0154	pay 0.0019% / 1h	37m 33s	$4.3M	$1.9M	20x
Short	Hotstuff GOLD-PERP	4,345.8	0.0144	get 0.0018% / 1h	37m 33s	$33K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Polymarket Perps. 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 Polymarket PerpsbpFee HotstuffbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$2.17
Price spread: −0.014% → 0.000%: −$1.38
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$16.55
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 1 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 Polymarket Perps live order book, 1 min ago	0.12 bp	4.1 bp −$4	4.7 bp −$47	5.3 bp −$531	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	4,347.3	+0.020%	$3.4M	$12.3M	25x	as long as short
SunX XAU-USDT	0.0000%	4h	4,353.4	+0.162%	$93K	$9.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,343.2	−0.073%	$271K	—	250x	as long as short
Gate XAU_USDT	+0.0012%	4h	4,348	+0.037%	$267.9M	$411.2M	100x	as long as short
Lighter XAU	+0.0032%	1h	4,345.8	−0.013%	$20.8M	$37.8M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,343.9	−0.058%	$13.3M	$38.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.092%	$619	$54	52x	as long as short
Lighter RH XAU	+0.0040%	1h	4,349.8	+0.078%	$20.1M	$39.2M	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,349.3	+0.067%	$3.8M	$4.6M	40x	as long as short
QFEX GOLD-USD	+0.0041%	1h	4,346.3	−0.002%	$5.7M	$2.0M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXGOLDPERP	+0.0044%	24h	4,347.6	+0.028%	$4.1M	$37.1M	15x	as long as short
Vest GC-PERP	+0.0046%	1h	4,380.7	+0.789%	—	$1.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,345.2	−0.028%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344.1	−0.053%	$293.7M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,343.4	−0.069%	$15.1M	$56.7M	25x	as long as short
Aster XAUUSD1	+0.0065%	4h	4,347.5	+0.025%	$71.0M	$333.7M	20x	as long as short
Variational Omni XAU	+0.0079%	4h	4,348.9	+0.058%	$48.4M	$27.7M	—	as long as short
Paradex XAU-USD-PERP	+0.0086%	8h	4,348.7	+0.052%	$19K	$5K	5x	as long as short
GRVT XAU_USDT_Perp	+0.0086%	4h	4,349.1	+0.062%	$1.4M	$3.0M	25x	as long as short
MEXC XAU_USDT	+0.0094%	4h	4,347.1	+0.016%	$372.3M	$317.1M	1000x	as long as short
Binance XAUUSDT	+0.0095%	4h	4,347.1	+0.016%	$414.2M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0098%	4h	4,343.6	−0.064%	$30.2M	$58.2M	50x	as long as short
Pacifica XAU	+0.0100%	1h	4,344.9	−0.034%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,347.7	+0.030%	$275K	$203K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,348.5	+0.048%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0142%	1h	4,347.3	+0.021%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERPshort	+0.0144%	1h	4,345.8	−0.014%	$33K	—	25x
Polymarket Perps GOLD-USDlong	+0.0154%	1h	4,346.4	long leg	$4.3M	$1.9M	20x
Kraken Futures PF_XAUUSD	+0.0194%	1h	4,346.1	−0.008%	$593K	$133K	25x	as long as short
Bullet GOLD-USD	+0.0206%	1h	4,347.2	+0.018%	$59K	$82K	10x	as long as short
Phemex XAUUSDT	+0.0209%	4h	4,352	+0.128%	$2.2M	$967K	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,348	+0.037%	$243K	$788K	25x	as long as short
Bitget XAUUSDT	+0.0234%	4h	4,347.1	+0.016%	$70.0M	$109.2M	100x	as long as short
Bybit XAUUSDT	+0.0238%	4h	4,348.3	+0.043%	$85.1M	$144.8M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0284%	8h	4,348.4	+0.046%	$165.5M	$281.7M	100x	as long as short
BloFin XAU-USDT	+0.0343%	4h	4,348.5	+0.048%	$15.6M	$4.5M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0413% / S −0.0229%	1h	4,349.4	+0.068%	$248K	—	111x	as long as short
Bluefin GOLD-PERP	+0.0475%	1h	4,342.6	−0.089%	$25K	$14K	20x	as long as short
HTX XAU-USDT	+0.0629%	4h	4,353.6	+0.165%	$2.9M	$4.3M	75x	as long as short