XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h −0.012%

Price spread now: Hotstuff against Coinbase International−0.023%7-day average — · you buy dearer than you sell

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

Long on Coinbase International 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

Funding pays, the price is against you. Hotstuff is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International GOLD-PERP-INTX	4,352.2	0.0048	pay 0.0006% / 1h	26m 42s	$2.0M	$4.9M	25x
Short	Hotstuff GOLD-PERP	4,351.2	0.0200	get 0.0025% / 1h	26m 42s	$33K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Coinbase International. 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 Coinbase InternationalbpFee HotstuffbpOrdersPrice spread, now −0.023%Rate

Funding earned: $31.92
Price spread: −0.023% → 0.000%: −$2.3
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $14.62
Costs to cover: 0.150%
Break-even: 3.8 days

Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago	0.12 bp	6.5 bp −$6	8.5 bp −$85	47.5 bp −$4,753	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
SunX XAU-USDT	0.0000%	4h	4,359.8	+0.173%	$93K	$9.2M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,353.2	+0.024%	$267K	—	250x	as long as short
Gate XAU_USDT	+0.0006%	4h	4,358.3	+0.140%	$265.1M	$412.1M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,356.7	+0.104%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,353.3	+0.026%	$13.6M	$39.0M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.041%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0039%	24h	4,353.6	+0.032%	$4.1M	$37.0M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,354.2	+0.046%	$3.8M	$4.6M	40x	as long as short
Aster XAUUSD1	+0.0043%	4h	4,357.4	+0.120%	$70.5M	$333.8M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,388.9	+0.843%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0046%	1h	4,353	+0.018%	$5.6M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTXlong	+0.0048%	1h	4,352.2	long leg	$2.0M	$4.9M	25x
tradeXYZ xyz:GOLD	+0.0050%	1h	4,353.2	+0.023%	$294.1M	$48.8M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,353.8	+0.038%	$15.1M	$57.3M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0052%	4h	4,353.7	+0.033%	$1.4M	$3.0M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,356.6	+0.101%	$20.7M	$42.3M	25x	as long as short
Variational Omni XAU	+0.0057%	4h	4,353	+0.017%	$48.3M	$27.8M	—	as long as short
Lighter RH XAU	+0.0064%	1h	4,358.4	+0.141%	$20.2M	$39.7M	25x	as long as short
MEXC XAU_USDT	+0.0074%	4h	4,357.2	+0.114%	$372.2M	$318.7M	1000x	as long as short
Binance XAUUSDT	+0.0074%	4h	4,357.4	+0.121%	$413.1M	$2.10B	100x	as long as short
Paradex XAU-USD-PERP	+0.0081%	8h	4,357.7	+0.126%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0087%	4h	4,349.1	−0.072%	$30.3M	$58.2M	50x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,355	+0.063%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,353.3	+0.025%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,351	−0.028%	$275K	$202K	50x	as long as short
Polymarket Perps GOLD-USD	+0.0127%	1h	4,355.4	+0.074%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,350.3	−0.044%	$47K	$77K	25x	as long as short
Phemex XAUUSDT	+0.0137%	4h	4,356.8	+0.106%	$2.2M	$1.1M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0140%	1h	4,355.1	+0.067%	$258K	$707K	25x	as long as short
Bybit XAUUSDT	+0.0197%	4h	4,359	+0.156%	$84.6M	$145.6M	150x	as long as short
Hotstuff GOLD-PERPshort	+0.0200%	1h	4,351.2	−0.023%	$33K	—	25x
Bitget XAUUSDT	+0.0212%	4h	4,357.7	+0.127%	$70.3M	$109.4M	100x	as long as short
Bullet GOLD-USD	+0.0212%	1h	4,356.1	+0.089%	$59K	$83K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0253%	8h	4,358.3	+0.140%	$165.1M	$282.2M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,353.4	+0.028%	$594K	$133K	25x	as long as short
BloFin XAU-USDT	+0.0298%	4h	4,356	+0.087%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0401% / S −0.0212%	1h	4,356.7	+0.104%	$249K	—	111x	as long as short
HTX XAU-USDT	+0.0565%	4h	4,359.9	+0.177%	$2.9M	$4.2M	75x	as long as short
Bluefin GOLD-PERP	+0.0641%	1h	4,349.1	−0.071%	$25K	$14K	20x	as long as short