XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0236%/8h= −25.8% APRnext payment −$0.29 per $10,000 · paid last 24h −0.014%

Price spread now: Hotstuff against Pacifica−0.130%54s7-day average — · you buy dearer than you sell

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

Long on Pacifica 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 airdropPacifica: Active · Hotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Hotstuff is 0.130% cheaper against Pacifica than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAU	4,315.9	0.0100	pay 0.0013% / 1h	12m 40s	$1.4M	$1.2M	10x
Short	Hotstuff GOLD-PERP	4,310.3	−0.0136	pay 0.0017% / 1h	12m 40s	$32K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Pacifica. 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 PacificabpFee HotstuffbpOrdersPrice spread, now −0.130%Rate

Funding earned: −$49.56
Price spread: −0.130% → 0.000%: −$13.04
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$75.6
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 1 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 Pacifica live order book, 1 min ago	0.12 bp	4.5 bp −$4	doesn't fit	doesn't fit	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
Hotstuff GOLD-PERPshort	−0.0136%	1h	4,310.3	−0.130%	$32K	—	25x
SunX XAU-USDT	0.0000%	4h	4,322.3	+0.149%	$92K	$7.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,314.5	−0.033%	$269K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.799%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,316.2	+0.006%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,349.3	+0.773%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,315.9	−0.001%	$291.0M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,315.5	−0.010%	$15.0M	$55.5M	25x	as long as short
Aster XAUUSD1	+0.0059%	4h	4,320.4	+0.105%	$72.9M	$271.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0063%	8h	4,318.8	+0.066%	$2K	$14K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin GOLD-PERP	+0.0064%	1h	4,311.1	−0.112%	$25K	$1K	20x	as long as short
Bybit XAUUSDT	+0.0067%	4h	4,320.5	+0.105%	$78.0M	$153.6M	150x	as long as short
Lighter XAU	+0.0072%	1h	4,318.7	+0.064%	$20.3M	$30.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,313.9	−0.047%	$2.0M	$5.0M	25x	as long as short
StandX XAU-USD	+0.0084%	1h	4,316.4	+0.011%	$3.8M	$4.5M	40x	as long as short
Phoenix GOLD	+0.0096%	1h	4,314.7	−0.028%	$42K	$79K	25x	as long as short
Kalshi KXGOLDPERP	+0.0098%	24h	4,318.9	+0.069%	$3.6M	$44.9M	15x	as long as short
Variational Omni XAU	+0.0098%	4h	4,314	−0.045%	$47.1M	$29.0M	—	as long as short
Pacifica XAUlong	+0.0100%	1h	4,315.9	long leg	$1.4M	$1.2M	10x
ApeX Omni XAUUSDT	+0.0100%	1h	4,311.4	−0.105%	$271K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,321	+0.117%	$20.0M	$40.0M	25x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,319.6	+0.084%	$363.4M	$335.6M	1000x	as long as short
Binance XAUUSDT	+0.0111%	4h	4,319.6	+0.086%	$429.8M	$2.14B	100x	as long as short
GRVT XAU_USDT_Perp	+0.0112%	4h	4,315.1	−0.020%	$1.4M	$3.0M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,317.2	+0.030%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,309.9	−0.139%	$30.0M	$60.5M	50x	as long as short
Gate XAU_USDT	+0.0114%	4h	4,321.7	+0.133%	$287.5M	$426.4M	100x	as long as short
Extended XAU-USD	+0.0120%	1h	4,315.7	−0.006%	$13.2M	$36.7M	25x	as long as short
Bitget XAUUSDT	+0.0192%	4h	4,319.5	+0.083%	$70.5M	$120.0M	100x	as long as short
Bullet GOLD-USD	+0.0204%	1h	4,318.3	+0.055%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0223%	1h	4,318.8	+0.067%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,315.8	−0.003%	$574K	$138K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0260%	1h	4,318	+0.048%	$161K	$878K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0268%	8h	4,319.8	+0.090%	$175.3M	$302.5M	100x	as long as short
BloFin XAU-USDT	+0.0351%	4h	4,319.1	+0.073%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0415%	4h	4,320.3	+0.100%	$2.2M	$949K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0311%	1h	4,314.2	−0.041%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0523%	4h	4,324	+0.187%	$3.2M	$6.0M	75x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,319.4	+0.080%	$4.5M	$13.3M	25x	as long as short