XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%

Price spread now: Injective against Hotstuff+0.086%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 Injective

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 for this trade now. Funding pays $0 a day on $10k at the current rate, and Injective is 0.086% dearer against Hotstuff than usual: you sell high and buy low: +$9 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	4,346.7	0.0024	pay 0.0003% / 1h	47m 24s	$33K	—	25x
Short	Injective XAU/USDC PERP	4,350.4	0.0033	get 0.0004% / 1h	47m 24s	$619	$54	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.086%Rate

Funding earned: $1.96
Price spread: +0.086% → 0.000%: $8.56
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $5.5
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Hotstuff and Injective: 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	−0.0057%	1h	4,344.6	−0.049%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,354.6	+0.181%	$93K	$8.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,346.6	−0.002%	$272K	—	250x	as long as short
Hotstuff GOLD-PERPlong	+0.0024%	1h	4,346.7	long leg	$33K	—	25x
Extended XAU-USD	+0.0032%	1h	4,346.4	−0.008%	$13.2M	$37.3M	25x	as long as short
Injective XAU/USDC PERPshort	+0.0033%	1h	4,350.4	+0.086%	$619	$54	52x
StandX XAU-USD	+0.0040%	1h	4,351.5	+0.110%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,348.9	+0.051%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,383.3	+0.842%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,346.8	+0.002%	$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	4,346.7	+0.001%	$15.1M	$56.7M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,350.8	+0.094%	$3.7M	$12.6M	25x	as long as short
Kalshi KXGOLDPERP	+0.0054%	24h	4,348.5	+0.041%	$4.2M	$39.4M	15x	as long as short
Lighter XAU	+0.0056%	1h	4,349.2	+0.057%	$20.7M	$30.4M	25x	as long as short
Bybit XAUUSDT	+0.0066%	4h	4,351.6	+0.112%	$80.2M	$151.8M	150x	as long as short
Paradex XAU-USD-PERP	+0.0070%	8h	4,350.4	+0.084%	$19K	$5K	5x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,346.9	+0.005%	$2.1M	$4.7M	25x	as long as short
Gate XAU_USDT	+0.0076%	4h	4,351.7	+0.116%	$271.8M	$397.3M	100x	as long as short
Pacifica XAU	+0.0100%	1h	4,346.4	−0.006%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,346.9	+0.005%	$277K	$204K	50x	as long as short
Aster XAUUSD1	+0.0107%	4h	4,352.4	+0.131%	$71.6M	$331.2M	20x	as long as short
Variational Omni XAU	+0.0108%	4h	4,349.5	+0.064%	$48.5M	$27.6M	—	as long as short
Lighter RH XAU	+0.0112%	1h	4,351.5	+0.110%	$20.1M	$38.1M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,349.8	+0.072%	$161K	$87	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0118%	1h	4,349.6	+0.067%	$203K	$822K	25x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,350.2	+0.080%	$370.4M	$317.9M	1000x	as long as short
Binance XAUUSDT	+0.0119%	4h	4,350.2	+0.081%	$419.5M	$2.09B	100x	as long as short
GRVT XAU_USDT_Perp	+0.0124%	4h	4,350	+0.077%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0127%	1h	4,347.7	+0.023%	$47K	$77K	25x	as long as short
edgeX XAUUSDC	+0.0132%	4h	4,345.7	−0.023%	$30.2M	$58.1M	50x	as long as short
Bullet GOLD-USD	+0.0157%	1h	4,350.2	+0.081%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0168%	1h	4,349.8	+0.071%	$4.3M	$2.0M	20x	as long as short
Phemex XAUUSDT	+0.0204%	4h	4,352.9	+0.143%	$2.2M	$967K	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0246%	1h	4,347.5	+0.019%	$591K	$128K	25x	as long as short
Bitget XAUUSDT	+0.0280%	4h	4,350.6	+0.090%	$71.5M	$108.0M	100x	as long as short
HTX XAU-USDT	+0.0283%	4h	4,351.8	+0.117%	$2.8M	$4.6M	75x	as long as short
OKX XAU-USDT-SWAP	+0.0336%	8h	4,351.5	+0.110%	$168.1M	$282.2M	100x	as long as short
BloFin XAU-USDT	+0.0372%	4h	4,349.2	+0.058%	$15.8M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,350.2	+0.080%	$251K	—	111x	as long as short