Funding you earn now, next payment 06:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: Hotstuff against Ondo Perps+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropOndo Perps: Active · Hotstuff: 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: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAU-USD.P | 4,346.9 | 0.0050 | pay 0.0006% / 1h | 45m 11s | $15.1M | $56.7M | 25x |
| Short | Hotstuff GOLD-PERP | 4,347.4 | 0.0008 | get 0.0001% / 1h | 45m 11s | $33K | — | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.9
- Price spread: +0.011% → 0.000%
- $1.1
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$17.8
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Ondo Perps and 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 | −0.0046% | 1h | 4,344.4 | −0.057% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.9 | +0.184% | $93K | $8.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,346.7 | −0.004% | $272K | — | 250x | as long as short |
| Hotstuff GOLD-PERPshort | +0.0008% | 1h | 4,347.4 | +0.011% | $33K | — | 25x | |
| Extended XAU-USD | +0.0032% | 1h | 4,346.7 | −0.005% | $13.2M | $37.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.081% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,351.3 | +0.101% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0044% | 1h | 4,348.9 | +0.046% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,383.4 | +0.839% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347.4 | +0.011% | $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.Plong | +0.0050% | 1h | 4,346.9 | long leg | $15.1M | $56.7M | 25x | |
| RISEx XAU/USDC | +0.0054% | 1h | 4,351.2 | +0.098% | $3.7M | $12.5M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0055% | 24h | 4,349.5 | +0.059% | $4.2M | $39.4M | 15x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,349.7 | +0.063% | $20.7M | $30.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0070% | 8h | 4,350.5 | +0.082% | $19K | $5K | 5x | as long as short |
| Bybit XAUUSDT | +0.0071% | 4h | 4,351.6 | +0.107% | $80.2M | $151.7M | 150x | as long as short |
| Gate XAU_USDT | +0.0072% | 4h | 4,352.1 | +0.120% | $271.7M | $397.6M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,348.6 | +0.039% | $2.1M | $4.7M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,346.9 | −0.001% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,347 | +0.001% | $277K | $204K | 50x | as long as short |
| Aster XAUUSD1 | +0.0105% | 4h | 4,352.4 | +0.126% | $71.6M | $331.2M | 20x | as long as short |
| Variational Omni XAU | +0.0107% | 4h | 4,349.4 | +0.057% | $48.5M | $27.6M | — | as long as short |
| Lighter RH XAU | +0.0112% | 1h | 4,352.1 | +0.120% | $20.1M | $38.2M | 25x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,349.5 | +0.059% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,350.6 | +0.084% | $370.1M | $318.0M | 1000x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0118% | 1h | 4,349.2 | +0.052% | $203K | $822K | 25x | as long as short |
| Binance XAUUSDT | +0.0118% | 4h | 4,350.5 | +0.083% | $418.8M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0119% | 4h | 4,346.1 | −0.018% | $30.2M | $58.2M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0120% | 4h | 4,350.4 | +0.081% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,347.4 | +0.011% | $47K | $77K | 25x | as long as short |
| Bullet GOLD-USD | +0.0158% | 1h | 4,350.5 | +0.083% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0168% | 1h | 4,350.3 | +0.078% | $4.3M | $2.0M | 20x | as long as short |
| Phemex XAUUSDT | +0.0197% | 4h | 4,352.9 | +0.138% | $2.2M | $967K | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0246% | 1h | 4,347.4 | +0.010% | $591K | $128K | 25x | as long as short |
| HTX XAU-USDT | +0.0261% | 4h | 4,352.4 | +0.125% | $2.8M | $4.6M | 75x | as long as short |
| Bitget XAUUSDT | +0.0280% | 4h | 4,351.2 | +0.099% | $71.6M | $107.9M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0336% | 8h | 4,351.9 | +0.115% | $168.3M | $282.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0370% | 4h | 4,349.3 | +0.054% | $15.9M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0428% / S −0.0252% | 1h | 4,350.6 | +0.085% | $251K | — | 111x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
RISEx XAU/USDC
Kalshi KXGOLDPERP
Lighter XAU
Paradex XAU-USD-PERP
Bybit XAUUSDT
Gate XAU_USDT
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Aster XAUUSD1
Variational Omni XAU
Lighter RH XAU
MEXC XAU_USDT
Deribit GOLD_USDC-PERPETUAL
Binance XAUUSDT
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Phoenix GOLD
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Phemex XAUUSDT
Kraken Futures PF_XAUUSD
HTX XAU-USDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]