Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0129%/8h= −14.1% APRnext payment $0.64 per $10,000 · paid last 24h −0.018%
Price spread now: HTX against BloFin+0.066%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.363%−$36 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.066%, 7d avg +0.046%
Together, before fees−0.411%−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.020% dearer against BloFin than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.046%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAU-USDT4,323.30.0339pay 0.0169% / 4h1h 52m$16.1M$4.4M100x
ShortHTX XAU-USDT4,326.10.0210get 0.0105% / 4h1h 52m$2.8M$4.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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

Funding earned
−$26.99
Price spread: +0.066% → +0.046%
$2.03
Slippage, 4 orders
−$4.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$53.02
Costs to cover
0.281%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; HTX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 6 min ago0.02 bp6.0 bp −$66.1 bp −$617.2 bp −$718doesn't fit
Sell HTX live order book, 1 min ago0.01 bp6.6 bp −$710.2 bp −$10214.0 bp −$1,39523.3 bp −$11.6K

XAU on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERP−0.0032%1h4,316.5−0.156%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,327.4+0.096%$92K$8.0M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,319.3−0.091%$270K250xas long as short
Bybit XAUUSDT+0.0009%4h4,324.5+0.029%$77.9M$157.0M150xas long as short
Extended XAU-USD+0.0032%1h4,319.5−0.087%$13.1M$36.7M25xas long as short
Hotstuff GOLD-PERP+0.0032%1h4,320−0.075%$32K25xas long as short
Injective XAU/USDC PERP+0.0033%1h4,350.4+0.628%$619$5452xas long as short
StandX XAU-USD+0.0040%1h4,322.8−0.011%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0042%1h4,322.5−0.018%$5.4M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,355.3+0.741%$1.0M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOLD+0.0050%1h4,320.3−0.068%$291.4M$51.6M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,318.2−0.118%$15.0M$56.0M25xas long as short
Lighter XAU+0.0056%1h4,322.6−0.015%$20.3M$30.1M25xas long as short
Kalshi KXGOLDPERP+0.0068%24h4,323.7+0.010%$3.9M$42.9M15xas long as short
Paradex XAU-USD-PERP+0.0071%8h4,322.7−0.014%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,319.8−0.080%$2.1M$4.9M25xas long as short
GRVT XAU_USDT_Perp+0.0076%4h4,323.4+0.003%$1.4M$3.0M25xas long as short
Gate XAU_USDT+0.0078%4h4,325.5+0.052%$275.4M$405.9M100xas long as short
Aster XAUUSD1+0.0080%4h4,324.8+0.037%$72.3M$316.2M20xas long as short
Variational Omni XAU+0.0089%4h4,326.3+0.070%$47.1M$29.2Mas long as short
MEXC XAU_USDT+0.0096%4h4,323.5+0.006%$363.5M$324.5M1000xas long as short
Binance XAUUSDT+0.0099%4h4,323.5+0.006%$413.5M$2.13B100xas long as short
Phoenix GOLD+0.0100%1h4,324.8+0.036%$47K$79K25xas long as short
Pacifica XAU+0.0100%1h4,319−0.099%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,322.3−0.022%$272K$208K50xas long as short
Lighter RH XAU+0.0104%1h4,325.1+0.042%$19.8M$38.3M25xas long as short
Aevo XAU-PERP+0.0104%1h4,322.6−0.015%$160K$8710xas long as short
edgeX XAUUSDC+0.0105%4h4,321.6−0.038%$30.1M$60.6M50xas long as short
Kraken Futures PF_XAUUSD+0.0153%1h4,320.3−0.068%$588K$130K25xas long as short
RISEx XAU/USDC+0.0184%1h4,324.2+0.023%$4.2M$12.8M25xas long as short
Bullet GOLD-USD+0.0199%1h4,323.5+0.005%$58K$81K10xas long as short
HTX XAU-USDTshort+0.0210%4h4,326.1+0.066%$2.8M$4.9M75x
Polymarket Perps GOLD-USD+0.0212%1h4,323.2−0.001%$4.2M$1.9M20xas long as short
Bitget XAUUSDT+0.0236%4h4,323.9+0.015%$68.0M$119.2M100xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0259%1h4,322.9−0.008%$193K$830K25xas long as short
OKX XAU-USDT-SWAP+0.0317%8h4,323.9+0.015%$170.1M$296.8M100xas long as short
BloFin XAU-USDTlong+0.0339%4h4,323.3long leg$16.1M$4.4M100x
Phemex XAUUSDT+0.0407%4h4,327+0.087%$2.2M$961K100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0463% / S −0.0307%1h4,323.5+0.005%$252K111xas long as short