Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against HTX+0.095%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 3 days (all we have)−0.025%−$2 · spread now +0.095%, 7d avg +0.040%
=The price spread pays, funding is against you. Bybit is 0.055% dearer against HTX than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.040%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAUT-USDT | 4,342.2 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $1.8M | $243K | 75x |
| Short | Bybit XAUTUSDT | 4,346.3 | 0.0050 | get 0.0025% / 4h | 2h 07m | $120.4M | $27.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.44
- Price spread: +0.095% → +0.040%
- $5.51
- Slippage, 4 orders
- −$7.21
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$35.13
- Costs to cover
- 0.302%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 1.28 bp | 8.3 bp −$8 | 14.9 bp −$149 | 29.5 bp −$2,946 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.12 bp | 5.6 bp −$6 | 7.3 bp −$73 | 14.8 bp −$1,485 | 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 | −0.0264% | 1h | 4,347 | +0.112% | $56K | $30K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,345.7 | +0.082% | $25.8M | $15.3M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,347.7 | +0.127% | $130.3M | $8.3M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.176% | $8K | $149K | 30x | as long as short |
| MEXC XAUT_USDT | +0.0044% | 4h | 4,346 | +0.088% | $342.6M | $288.7M | 1000x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,346.3 | +0.095% | $10.1M | $2.0M | 25x | as long as short |
| Bybit XAUTUSDTshort | +0.0050% | 4h | 4,346.3 | +0.095% | $120.4M | $27.6M | 75x | |
| Variational Omni XAUT | +0.0056% | 4h | 4,344.9 | +0.063% | $33.0M | $3.5M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,346 | +0.089% | $4.2M | $996K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,345.7 | +0.082% | $35.2M | $46.7M | 75x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,347.3 | +0.117% | $11.3M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,346.5 | +0.099% | — | $17.8M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,344 | +0.043% | $317 | $110K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,345.9 | +0.086% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,347 | +0.111% | $1.9M | $269K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,351.6 | +0.217% | $2K | $3.5M | 20x | as long as short |
| HTX XAUT-USDTlong | +0.0100% | 4h | 4,342.2 | long leg | $1.8M | $243K | 75x | |
| Extended XAUT-USD | +0.0104% | 1h | 4,345.1 | +0.068% | $272K | $213K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0301% | 1h | 4,348.3 | +0.140% | $5.7M | $4.6M | 50x | as long as short |
HTX XAUT-USDT
Bybit XAUTUSDT
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
MEXC XAUT_USDT
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
Kraken Futures PF_XAUTUSD