Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.057%
Price spread now: BloFin against HTX+0.022%59s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as 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−$400.396% of the position
Funding, last 7 days+0.501%+$50 on $10k
+Price spread, last 3 days (all we have)+0.100%+$10 · spread now +0.022%, 7d avg +0.042%
=Funding pays, the price is against you. BloFin is 0.020% cheaper against HTX than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.042%). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.501% in total) that is about 7 hours. The two prices were read 59 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 | HTX XAUT-USDT | 4,354 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $1.9M | $231K | 75x |
| Short | BloFin XAUT-USDT | 4,355 | 0.0196 | get 0.0098% / 4h | 1h 10m | $2.3M | $1.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $20.13
- Price spread: +0.022% → +0.042%
- −$2
- Slippage, 4 orders
- −$15.57
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.45
- Costs to cover
- 0.396%
- Break-even
- 14.5 days
Slippage from HTX: live order book, 4 min ago; BloFin: live order book, 3 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 | 1.97 bp | 16.2 bp −$16 | 22.0 bp −$220 | 41.2 bp −$4,118 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.12 bp | 6.1 bp −$6 | 6.2 bp −$62 | 10.3 bp −$1,031 | 25.2 bp −$12.6K |
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 | −0.0203% | 1h | 4,354.4 | +0.008% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0186% | 4h | 4,356.9 | +0.065% | $26.2M | $14.8M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | −0.0105% | 1h | 4,359.7 | +0.130% | $5.3M | $3.5M | 50x | as long as short |
| Injective XAUT/USDC PERP | −0.0039% | 1h | 4,349.8 | −0.097% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,358.7 | +0.107% | $132.0M | $8.1M | 100x | as long as short |
| MEXC XAUT_USDT | +0.0046% | 4h | 4,356.7 | +0.061% | $345.3M | $285.6M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0049% | 4h | 4,356.6 | +0.059% | $120.7M | $27.0M | 75x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,359.5 | +0.126% | $10.2M | $2.0M | 25x | as long as short |
| Variational Omni XAUT | +0.0054% | 4h | 4,354.2 | +0.003% | $33.2M | $3.3M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,356.7 | +0.062% | $4.2M | $984K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUTUSDT | +0.0100% | 4h | 4,358.3 | +0.099% | $35.5M | $45.7M | 75x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,359.3 | +0.120% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,356.8 | +0.063% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,353.1 | −0.021% | $540 | $111K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,357.8 | +0.087% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,358.4 | +0.099% | $1.8M | $179K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,363.1 | +0.209% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDTlong | +0.0100% | 4h | 4,354 | long leg | $1.9M | $231K | 75x | |
| Extended XAUT-USD | +0.0104% | 1h | 4,357.3 | +0.076% | $272K | $217K | 25x | as long as short |
| BloFin XAUT-USDTshort | +0.0196% | 4h | 4,355 | +0.022% | $2.3M | $1.7M | 75x |
HTX XAUT-USDT
BloFin XAUT-USDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Kraken Futures PF_XAUTUSD
Injective XAUT/USDC PERP
Gate XAUT_USDT
MEXC XAUT_USDT
Bybit XAUTUSDT
SoDEX XAUT-USD
Variational Omni XAUT
Binance XAUTUSDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
Extended XAUT-USD