XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0384%/8h= +42.0% APRnext payment +$1.92 per $10,000 · paid last 24h −0.006%

Price spread now: HTX against Bitget+0.056%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$290.295% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.056%, 7d avg +0.043%

Together, before fees−0.107%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.92 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	Bitget XAUUSDT	4,358.6	0.0146	pay 0.0073% / 4h	2h 40m	$69.4M	$109.6M	100x
Short	HTX XAU-USDT	4,361	0.0530	get 0.0265% / 4h	2h 40m	$2.9M	$3.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee HTXbpOrdersPrice spread, now +0.056%Rate

Funding earned: $80.64
Price spread: +0.056% → +0.043%: $1.24
Slippage, 4 orders: −$5.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $52.38
Costs to cover: 0.295%
Break-even: 2.5 days

Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago	0.01 bp	6.3 bp −$6	8.0 bp −$80	11.4 bp −$1,144	doesn't fit
Sell HTX live order book, 3 min ago	0.01 bp	8.5 bp −$9	12.4 bp −$124	15.9 bp −$1,586	doesn't fit

XAU on 39 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
Bluefin GOLD-PERP	−0.0318%	1h	4,348.4	−0.234%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	−0.0024%	1h	4,354.2	−0.100%	$33K	—	25x	as long as short
Aster XAUUSD1	0.0000%	4h	4,357.8	−0.017%	$69.7M	$282.6M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,359.5	+0.021%	$263.3M	$406.9M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,353.1	−0.125%	$4.1M	$36.5M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,361.1	+0.059%	$93K	$9.7M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,352.5	−0.140%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,353.8	−0.110%	$13.6M	$43.0M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.187%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,356.1	−0.057%	$3.8M	$4.7M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,389.1	+0.700%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,356.9	−0.039%	$20.7M	$43.5M	25x	as long as short
Lighter RH XAU	+0.0048%	1h	4,358.8	+0.004%	$20.1M	$40.8M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,354.2	−0.100%	$293.8M	$48.4M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,355.3	−0.076%	$15.0M	$57.6M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,357.8	−0.018%	$5.6M	$1.9M	20x	as long as short
Polymarket Perps GOLD-USD	+0.0060%	1h	4,354.8	−0.086%	$4.3M	$1.9M	20x	as long as short
Variational Omni XAU	+0.0061%	4h	4,355.7	−0.066%	$48.3M	$28.4M	—	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,350.6	−0.183%	$2.0M	$5.0M	25x	as long as short
MEXC XAU_USDT	+0.0080%	4h	4,358.1	−0.012%	$372.5M	$321.4M	1000x	as long as short
Binance XAUUSDT	+0.0082%	4h	4,357.3	−0.030%	$410.4M	$2.10B	100x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,357.4	−0.027%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0098%	4h	4,351.9	−0.153%	$30.3M	$60.4M	50x	as long as short
Pacifica XAU	+0.0100%	1h	4,353.7	−0.112%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,353.3	−0.120%	$275K	$204K	50x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,355.8	−0.063%	$161K	$87	10x	as long as short
Phoenix GOLD	+0.0121%	1h	4,354.7	−0.089%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,357.9	−0.016%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0138%	4h	4,358.7	+0.002%	$1.4M	$3.0M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0140%	1h	4,355.2	−0.077%	$234K	$661K	25x	as long as short
Bitget XAUUSDTlong	+0.0146%	4h	4,358.6	long leg	$69.4M	$109.6M	100x
Bullet GOLD-USD	+0.0156%	1h	4,355.5	−0.069%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0183%	4h	4,358.4	−0.003%	$84.2M	$143.6M	150x	as long as short
OKX XAU-USDT-SWAP	+0.0224%	8h	4,358.7	+0.003%	$165.0M	$284.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,353.1	−0.125%	$594K	$141K	25x	as long as short
BloFin XAU-USDT	+0.0286%	4h	4,364.8	+0.143%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,355.5	−0.069%	$253K	—	111x	as long as short
Phemex XAUUSDT	+0.0411%	4h	4,360.9	+0.053%	$2.2M	$1.1M	100x	as long as short
HTX XAU-USDTshort	+0.0530%	4h	4,361	+0.056%	$2.9M	$3.9M	75x