XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.31 per $10,000 · paid last 24h +0.039%

Price spread now: GMX against Hotstuff+0.071%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on GMX

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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.071% dearer against Hotstuff than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff GOLD-PERP	4,347.1	0.0008	pay 0.0001% / 1h	44m 16s	$33K	—	25x
Short	GMX GOLD/USD [ETH-USDC]	4,350.2	L +0.0428% / S −0.0252%	get 0.0032% / 1h	44m 16s	$251K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hotstuff. 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 HotstuffbpFee GMXbpOrdersPrice spread, now +0.071%Rate

Funding earned: $51.29
Price spread: +0.071% → 0.000%: $7.05
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $41.34
Costs to cover: 0.170%
Break-even: 1.4 days

Slippage unknown: Hotstuff: no order-book sample; GMX: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Hotstuff and GMX: 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	−0.0040%	1h	4,344.6	−0.058%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,354.3	+0.166%	$93K	$8.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,346.6	−0.012%	$272K	—	250x	as long as short
Hotstuff GOLD-PERPlong	+0.0008%	1h	4,347.1	long leg	$33K	—	25x
Extended XAU-USD	+0.0032%	1h	4,346.5	−0.015%	$13.2M	$37.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.076%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,351.3	+0.097%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,348.9	+0.041%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,383.2	+0.830%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,347.1	0.000%	$293.7M	$49.5M	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	4,346.6	−0.012%	$15.1M	$56.7M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,350.8	+0.085%	$3.7M	$12.5M	25x	as long as short
Kalshi KXGOLDPERP	+0.0055%	24h	4,349.5	+0.055%	$4.2M	$39.4M	15x	as long as short
Lighter XAU	+0.0056%	1h	4,349.4	+0.052%	$20.7M	$30.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0070%	8h	4,350.2	+0.072%	$19K	$5K	5x	as long as short
Gate XAU_USDT	+0.0072%	4h	4,351.7	+0.107%	$271.9M	$397.7M	100x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,348.6	+0.035%	$2.1M	$4.7M	25x	as long as short
Bybit XAUUSDT	+0.0075%	4h	4,351.4	+0.099%	$80.2M	$151.7M	150x	as long as short
Pacifica XAU	+0.0100%	1h	4,346.5	−0.013%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,347	−0.003%	$277K	$204K	50x	as long as short
Aster XAUUSD1	+0.0105%	4h	4,352.3	+0.121%	$71.6M	$331.1M	20x	as long as short
Variational Omni XAU	+0.0107%	4h	4,349.4	+0.053%	$48.5M	$27.6M	—	as long as short
Lighter RH XAU	+0.0112%	1h	4,351.7	+0.106%	$20.1M	$38.2M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,349.7	+0.060%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,350.2	+0.070%	$370.1M	$318.0M	1000x	as long as short
Binance XAUUSDT	+0.0118%	4h	4,350.2	+0.070%	$418.8M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0119%	4h	4,346.1	−0.022%	$30.2M	$58.2M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0120%	4h	4,350.4	+0.077%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0127%	1h	4,347.4	+0.007%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0158%	1h	4,350.2	+0.072%	$59K	$81K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0164%	1h	4,349.3	+0.051%	$203K	$822K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0169%	1h	4,349.8	+0.062%	$4.3M	$2.0M	20x	as long as short
Phemex XAUUSDT	+0.0197%	4h	4,352.9	+0.134%	$2.2M	$967K	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0246%	1h	4,347.2	+0.002%	$591K	$128K	25x	as long as short
HTX XAU-USDT	+0.0256%	4h	4,352.4	+0.121%	$2.8M	$4.6M	75x	as long as short
Bitget XAUUSDT	+0.0280%	4h	4,350.8	+0.085%	$71.6M	$107.9M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0337%	8h	4,351.6	+0.104%	$168.3M	$282.2M	100x	as long as short
BloFin XAU-USDT	+0.0370%	4h	4,349.3	+0.049%	$15.9M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]short	L +0.0428% / S −0.0252%	1h	4,350.2	+0.071%	$251K	—	111x