Funding you earn now, next payment 00:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.93 per $10,000 · paid last 24h −0.016%
Price spread now: Bitget against HTX−0.027%46s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.375% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.027%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.057% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.031%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAUT-USDT | 4,365.8 | 0.0100 | pay 0.0050% / 4h | 9m 29s | $1.9M | $232K | 75x |
| Short | Bitget XAUTUSDT | 4,364.6 | −0.0086 | pay 0.0043% / 4h | 9m 29s | $26.2M | $15.1M | 75x |
HTX XAUT-USDT
Bitget XAUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against HTX. 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
- −$39.06
- Price spread: −0.027% → +0.031%
- −$5.72
- Slippage, 4 orders
- −$13.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$82.25
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from HTX: live order book, 4 min ago; Bitget: 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 HTX live order book, 4 min ago | 4.49 bp | 12.5 bp −$12 | 18.2 bp −$182 | 35.0 bp −$3,502 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.01 bp | 7.0 bp −$7 | 9.2 bp −$92 | doesn't fit | doesn't fit |
XAUT on 20 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 | −0.0136% | 1h | 4,366.1 | +0.009% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDTshort | −0.0086% | 4h | 4,364.6 | −0.027% | $26.2M | $15.1M | 75x | |
| Injective XAUT/USDC PERP | −0.0055% | 1h | 4,349.8 | −0.366% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,366 | +0.005% | $131.8M | $8.0M | 100x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,367.4 | +0.037% | $10.2M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0060% | 4h | 4,365.6 | −0.004% | $342.2M | $282.8M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0062% | 4h | 4,364.9 | −0.021% | $121.0M | $27.4M | 75x | as long as short |
| Variational Omni XAUT | +0.0075% | 4h | 4,365.8 | +0.001% | $33.3M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,364.6 | −0.026% | $4.2M | $995K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,365.4 | −0.010% | $35.6M | $46.5M | 75x | as long as short |
Aftermath Perps XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
SoDEX XAUT-USD
MEXC XAUT_USDT
Bybit XAUTUSDT
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,367.1 | +0.031% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,365.4 | −0.009% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,367.6 | +0.042% | $738 | $115K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,366 | +0.005% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,367.4 | +0.037% | $1.9M | $209K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,371.7 | +0.137% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDTlong | +0.0100% | 4h | 4,365.8 | long leg | $1.9M | $232K | 75x | |
| Extended XAUT-USD | +0.0104% | 1h | 4,364.8 | −0.023% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0105% | 1h | 4,367.5 | +0.039% | $5.3M | $3.6M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0224% | 4h | 4,366 | +0.005% | $2.3M | $1.7M | 75x | 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
BloFin XAUT-USDT