Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h +0.019%
Price spread now: HTX against Kraken Futures−0.093%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.093%, 7d avg −0.064%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.029% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XAUTUSD | 4,345.2 | 0.0188 | pay 0.0023% / 1h | 5m 25s | $5.7M | $4.5M | 50x |
| Short | HTX XAUT-USDT | 4,341.2 | 0.0100 | get 0.0050% / 4h | 1h 05m | $1.8M | $233K | 75x |
Kraken Futures PF_XAUTUSD
HTX XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- −$18.39
- Price spread: −0.093% → −0.064%
- −$2.91
- Slippage, 4 orders
- −$14.95
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$58.24
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; HTX: 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 Kraken Futures live order book, 3 min ago | 0.57 bp | 5.8 bp −$6 | 7.6 bp −$76 | 16.7 bp −$1,671 | doesn't fit |
| Sell HTX live order book, 3 min ago | 5.65 bp | 12.3 bp −$12 | 14.8 bp −$148 | 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 | −0.0331% | 1h | 4,346.5 | +0.030% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0040% | 4h | 4,343.4 | −0.040% | $25.8M | $15.2M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0027% | 4h | 4,343.3 | −0.043% | $120.0M | $28.0M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0020% | 4h | 4,343.4 | −0.041% | $352.0M | $283.3M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,345.4 | +0.005% | $130.2M | $8.3M | 100x | as long as short |
| Variational Omni XAUT | +0.0002% | 4h | 4,341.9 | −0.075% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.106% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,343.1 | −0.048% | $10.1M | $2.0M | 25x | as long as short |
| Extended XAUT-USD | +0.0056% | 1h | 4,342.4 | −0.065% | $272K | $213K | 25x | as long as short |
| Binance XAUTUSDT | +0.0058% | 4h | 4,343.5 | −0.039% | $35.2M | $45.7M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Extended XAUT-USD
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0062% | 4h | 4,344.2 | −0.023% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,343.4 | −0.042% | $4.2M | $1.0M | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,346.3 | +0.026% | $11.4M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,346.8 | +0.037% | $604 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,343.7 | −0.034% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,344.6 | −0.013% | $1.8M | $286K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,350.1 | +0.114% | $3K | $3.4M | 20x | as long as short |
| HTX XAUT-USDTshort | +0.0100% | 4h | 4,341.2 | −0.093% | $1.8M | $233K | 75x | |
| Kraken Futures PF_XAUTUSDlong | +0.0188% | 1h | 4,345.2 | long leg | $5.7M | $4.5M | 50x | |
| BloFin XAUT-USDT | +0.0229% | 4h | 4,343.6 | −0.036% | $2.3M | $1.6M | 75x | as long as short |
BingX XAUT-USDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
BloFin XAUT-USDT