XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0129%/8h= −14.2% APRnext payment −$0.16 per $10,000 · paid last 24h −0.078%

Price spread now: Hotstuff against Kraken Futures+0.011%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Hotstuff

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XAUUSD	4,357.5	0.0225	pay 0.0028% / 1h	23m 56s	$594K	$151K	25x
Short	Hotstuff GOLD-PERP	4,358	0.0096	get 0.0012% / 1h	23m 56s	$33K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Kraken Futures. 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 Kraken FuturesbpFee HotstuffbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$27.16
Price spread: +0.011% → 0.000%: $1.07
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$41.09
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 49 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 Kraken Futures live order book, 49 min ago	1.42 bp	9.3 bp −$9	15.3 bp −$153	50.3 bp −$5,029	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
Aster XAUUSD1	0.0000%	4h	4,359.6	+0.048%	$71.0M	$200.2M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,359.8	+0.053%	$266.5M	$416.2M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,358.2	+0.015%	$4.0M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,365.1	+0.173%	$93K	$10.2M	20x	as long as short
Variational Omni XAU	0.0000%	4h	4,360.4	+0.066%	$47.8M	$28.1M	—	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,356.7	−0.018%	$267K	—	250x	as long as short
MEXC XAU_USDT	+0.0020%	4h	4,358.7	+0.028%	$372.8M	$328.0M	1000x	as long as short
Binance XAUUSDT	+0.0022%	4h	4,358.8	+0.028%	$411.6M	$2.15B	100x	as long as short
edgeX XAUUSDC	+0.0023%	4h	4,356.2	−0.031%	$30.3M	$60.3M	50x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.163%	$619	$54	52x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAU-USD	+0.0040%	1h	4,362.4	+0.112%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,361	+0.080%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,395.1	+0.862%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,361.3	+0.086%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,355.3	−0.051%	$293.7M	$51.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,356.2	−0.030%	$14.7M	$57.2M	25x	as long as short
Phoenix GOLD	+0.0055%	1h	4,358.5	+0.022%	$48K	$64K	25x	as long as short
Bitget XAUUSDT	+0.0058%	4h	4,358.3	+0.019%	$69.3M	$113.5M	100x	as long as short
Lighter XAU	+0.0072%	1h	4,358.8	+0.029%	$20.6M	$44.1M	25x	as long as short
Paradex XAU-USD-PERP	+0.0081%	8h	4,361.1	+0.083%	$19K	$5K	5x	as long as short
BloFin XAU-USDT	+0.0082%	4h	4,363.5	+0.136%	$15.5M	$4.5M	100x	as long as short
Extended XAU-USD	+0.0088%	1h	4,354.7	−0.065%	$13.5M	$43.8M	25x	as long as short
Aevo XAU-PERP	+0.0088%	1h	4,359.7	+0.051%	$161K	$87	10x	as long as short
Lighter RH XAU	+0.0096%	1h	4,360.8	+0.075%	$20.2M	$41.0M	25x	as long as short
Hotstuff GOLD-PERPshort	+0.0096%	1h	4,358	+0.011%	$33K	—	25x
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,358.3	+0.018%	$2.0M	$5.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,357.7	+0.004%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,357.8	+0.006%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,353.7	−0.088%	$26K	$22K	20x	as long as short
Bybit XAUUSDT	+0.0102%	4h	4,359.4	+0.043%	$83.3M	$144.2M	150x	as long as short
Polymarket Perps GOLD-USD	+0.0123%	1h	4,359.6	+0.047%	$4.3M	$1.8M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0154%	4h	4,362	+0.101%	$1.4M	$3.1M	25x	as long as short
OKX XAU-USDT-SWAP	+0.0198%	8h	4,359.5	+0.045%	$163.8M	$289.1M	100x	as long as short
Bullet GOLD-USD	+0.0213%	1h	4,361.4	+0.089%	$59K	$81K	10x	as long as short
Kraken Futures PF_XAUUSDlong	+0.0225%	1h	4,357.5	long leg	$594K	$151K	25x
Deribit GOLD_USDC-PERPETUAL	+0.0232%	1h	4,359.2	+0.038%	$235K	$656K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0389% / S −0.0197%	1h	4,360.8	+0.074%	$252K	—	111x	as long as short
Phemex XAUUSDT	+0.0455%	4h	4,362.5	+0.113%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDT	+0.0586%	4h	4,365.2	+0.177%	$2.9M	$3.9M	75x	as long as short