Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.021%
Price spread now: HTX against Bitget−0.058%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.058%, 7d avg −0.031%
=Funding pays, the price is against you. HTX is 0.027% cheaper against Bitget than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.031%). If the spread goes back, that is −$3 on $10k: about 15 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XAUTUSDT | 4,353.4 | −0.0040 | get 0.0020% / 4h | 2h 24m | $25.9M | $15.2M | 75x |
| Short | HTX XAUT-USDT | 4,350.9 | 0.0100 | get 0.0050% / 4h | 2h 24m | $1.9M | $243K | 75x |
Bitget XAUTUSDT
HTX XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- $29.4
- Price spread: −0.058% → −0.031%
- −$2.71
- Slippage, 4 orders
- −$14.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$11.7
- Costs to cover
- 0.384%
- Break-even
- 9.8 days
Slippage from Bitget: live order book, 4 min ago; HTX: live order book, 4 min ago.
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 Bitget live order book, 4 min ago | 0.01 bp | 7.3 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 2.21 bp | 14.0 bp −$14 | 17.2 bp −$172 | doesn't fit | doesn't fit |
XAUT on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0283% | 1h | 4,353.5 | +0.001% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDTlong | −0.0040% | 4h | 4,353.4 | long leg | $25.9M | $15.2M | 75x | |
| Gate XAUT_USDT | 0.0000% | 8h | 4,355 | +0.037% | $130.6M | $8.2M | 100x | as long as short |
| MEXC XAUT_USDT | +0.0018% | 4h | 4,353 | −0.009% | $334.0M | $285.5M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0019% | 4h | 4,353.4 | 0.000% | $120.6M | $27.7M | 75x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.082% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,354.9 | +0.035% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0057% | 4h | 4,350.7 | −0.061% | $33.1M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,353.4 | −0.001% | $4.2M | $994K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,353.8 | +0.009% | $35.3M | $46.8M | 75x | as long as short |
Aftermath Perps XAUTUSD
Gate XAUT_USDT
MEXC XAUT_USDT
Bybit XAUTUSDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,354.9 | +0.035% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,353 | −0.010% | — | $17.8M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,352.1 | −0.030% | $1K | $110K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,353.2 | −0.004% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,355.1 | +0.040% | $1.9M | $267K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,359.3 | +0.135% | $3K | $3.6M | 20x | as long as short |
| HTX XAUT-USDTshort | +0.0100% | 4h | 4,350.9 | −0.058% | $1.9M | $243K | 75x | |
| Extended XAUT-USD | +0.0104% | 1h | 4,351.7 | −0.038% | $272K | $213K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0300% | 1h | 4,355.7 | +0.053% | $5.3M | $4.1M | 50x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD