XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.018%

Price spread now: Hotstuff against Aevo−0.073%7-day average — · you buy dearer than you sell

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

Long on Aevo 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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hotstuff is 0.073% cheaper against Aevo than usual: you would sell low and buy high (−$7 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	Aevo XAU-PERP	4,322.7	0.0104	pay 0.0013% / 1h	16m 10s	$160K	$87	10x
Short	Hotstuff GOLD-PERP	4,319.5	−0.0024	pay 0.0003% / 1h	16m 10s	$32K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Aevo. 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 AevobpFee HotstuffbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$26.88
Price spread: −0.073% → 0.000%: −$7.3
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$55.18
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 28 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 Aevo live order book, 28 min ago	5.71 bp	15.3 bp −$15	28.5 bp −$285	doesn't fit	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	−0.0066%	1h	4,317	−0.130%	$25K	$1K	20x	as long as short
Hotstuff GOLD-PERPshort	−0.0024%	1h	4,319.5	−0.073%	$32K	—	25x
SunX XAU-USDT	0.0000%	4h	4,327.4	+0.110%	$92K	$7.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319.9	−0.065%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0022%	4h	4,323.9	+0.028%	$77.3M	$154.4M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.642%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.4	+0.017%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,322	−0.015%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,355.5	+0.760%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,319.3	−0.078%	$291.5M	$51.3M	25x	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	4,319.1	−0.082%	$15.0M	$55.5M	25x	as long as short
Aster XAUUSD1	+0.0064%	4h	4,325.3	+0.060%	$72.5M	$274.4M	20x	as long as short
Lighter XAU	+0.0072%	1h	4,322.1	−0.013%	$20.3M	$30.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.1	−0.082%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0078%	8h	4,322.7	+0.001%	$2K	$14K	5x	as long as short
Kalshi KXGOLDPERP	+0.0080%	24h	4,324.7	+0.047%	$3.8M	$43.9M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0090%	4h	4,323.2	+0.013%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0093%	4h	4,322.6	−0.001%	$47.3M	$28.8M	—	as long as short
Phoenix GOLD	+0.0100%	1h	4,321.6	−0.024%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,319.8	−0.066%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,323.3	+0.014%	$373.2M	$333.1M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.8	−0.067%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,323.2	+0.013%	$423.0M	$2.14B	100x	as long as short
Aevo XAU-PERPlong	+0.0104%	1h	4,322.7	long leg	$160K	$87	10x
edgeX XAUUSDC	+0.0111%	4h	4,317.6	−0.117%	$30.0M	$60.0M	50x	as long as short
Lighter RH XAU	+0.0112%	1h	4,324.4	+0.041%	$20.0M	$39.2M	25x	as long as short
Gate XAU_USDT	+0.0118%	4h	4,324.8	+0.050%	$281.7M	$422.1M	100x	as long as short
Extended XAU-USD	+0.0128%	1h	4,319	−0.085%	$12.9M	$37.0M	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,320.6	−0.048%	$577K	$146K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,325.9	+0.075%	$4.1M	$12.8M	25x	as long as short
Bullet GOLD-USD	+0.0186%	1h	4,323.4	+0.018%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0215%	1h	4,323.4	+0.017%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0220%	4h	4,322.7	0.000%	$67.5M	$118.3M	100x	as long as short
HTX XAU-USDT	+0.0270%	4h	4,327.7	+0.116%	$3.0M	$5.4M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0301%	8h	4,324.1	+0.033%	$172.6M	$299.7M	100x	as long as short
Phemex XAUUSDT	+0.0327%	4h	4,325.6	+0.068%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0340%	4h	4,323.9	+0.028%	$16.2M	$4.6M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0352%	1h	4,322	−0.015%	$191K	$838K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0461% / S −0.0307%	1h	4,323.3	+0.015%	$252K	—	111x	as long as short