Funding you earn now, next payment 12:00 UTC+0.0033%/8h= +3.7% APRpaid last 24h −0.001%
Price spread now: Kraken Futures against HTX+0.016%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.105%+$10 · spread now +0.016%, 7d avg +0.065%
=Funding pays, the price is against you. Kraken Futures is 0.049% cheaper against HTX than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.065%). If the spread goes back, that is −$5 on $10k: about 4.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAUT-USDT | 4,319.4 | 0.0100 | pay 0.0050% / 4h | 52m 06s | $1.8M | $180K | 75x |
| Short | Kraken Futures PF_XAUTUSD | 4,320.2 | 0.0133 | get 0.0017% / 1h | 52m 06s | $5.9M | $5.9M | 50x |
HTX XAUT-USDT
Kraken Futures PF_XAUTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $7.03
- Price spread: +0.016% → +0.065%
- −$4.9
- Slippage, 4 orders
- −$14.55
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$34.42
- Costs to cover
- 0.365%
- Break-even
- 41.3 days
Slippage from HTX: live order book, 5 min ago; Kraken Futures: live order book, 5 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, 5 min ago | 2.71 bp | 10.6 bp −$11 | 17.3 bp −$173 | 38.4 bp −$3,839 | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 0.93 bp | 5.9 bp −$6 | 8.4 bp −$84 | 16.6 bp −$1,658 | doesn't fit |
XAUT on 20 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XAUTUSDT | −0.0130% | 4h | 4,319.7 | +0.006% | $24.3M | $25.1M | 75x | as long as short |
| Aftermath Perps XAUTUSD | −0.0083% | 1h | 4,323.4 | +0.091% | $55K | $7K | 20x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,322.1 | +0.062% | $129.6M | $10.5M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.703% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,317.7 | −0.040% | $10.1M | $2.2M | 25x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,319.5 | +0.001% | $274K | $211K | 25x | as long as short |
| Binance XAUTUSDT | +0.0096% | 4h | 4,320.8 | +0.031% | $36.2M | $48.1M | 75x | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,319.6 | +0.004% | $33.0M | $3.1M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,321 | +0.036% | $4.2M | $897K | 10x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,320.6 | +0.027% | $118.7M | $36.7M | 75x | as long as short |
Bitget XAUTUSDT
Aftermath Perps XAUTUSD
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDT
Variational Omni XAUT
Nado XAUT-PERP
Bybit XAUTUSDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XAUT_USDT | +0.0100% | 4h | 4,320.2 | +0.018% | $392.9M | $293.6M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,322 | +0.059% | $12.3M | $3.8M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,320.8 | +0.030% | — | $20.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,321.2 | +0.040% | $730 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,320.2 | +0.018% | $265 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,321.1 | +0.039% | $1.8M | $435K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,325.8 | +0.146% | $2K | $2.5M | 20x | as long as short |
| HTX XAUT-USDTlong | +0.0100% | 4h | 4,319.4 | long leg | $1.8M | $180K | 75x | |
| Kraken Futures PF_XAUTUSDshort | +0.0133% | 1h | 4,320.2 | +0.016% | $5.9M | $5.9M | 50x | |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,321.1 | +0.038% | $2.3M | $731K | 75x | as long as short |
MEXC XAUT_USDT
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
BloFin XAUT-USDT