Funding you earn now, next payment 08:00 UTC+0.0366%/8h= +40.1% APRpaid last 24h +0.089%
Price spread now: HTX against gTrade (Gains Network)+0.229%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2822.825% of the position
Funding, last 3 days (all we have)+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.229%, 7d avg +0.165%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and HTX is 0.064% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.165%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.089% in total (about 9.4% a year). A funding rate is set anew for every payment. 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 | gTrade (Gains Network) XAU/USD | 4,319.4 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 48m 30s | $270K | — | 250x |
| Short | HTX XAU-USDT | 4,329.3 | 0.0368 | get 0.0184% / 4h | 48m 30s | $3.2M | $5.8M | 75x |
gTrade (Gains Network) XAU/USD
HTX XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against gTrade (Gains Network). 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
- $76.87
- Price spread: +0.229% → +0.165%
- $6.39
- Slippage, 4 orders
- −$263.47
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$199.2
- Costs to cover
- 2.825%
- Break-even
- 25.1 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 21 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 21 min ago | 130.01 bp | 133.5 bp −$134 | 196.7 bp −$1,967 | 1352.9 bp −$135.3K | 5907.8 bp −$2.95M |
| Sell HTX live order book, 1 min ago | 0.01 bp | 7.2 bp −$7 | 7.4 bp −$74 | 16.3 bp −$1,629 | 26.4 bp −$13.2K |
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 | −0.0076% | 1h | 4,316.4 | −0.070% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,327.6 | +0.190% | $92K | $7.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDlong | L +0.0002% / S −0.0003% | 1h | 4,319.4 | long leg | $270K | — | 250x | |
| Bybit XAUUSDT | +0.0027% | 4h | 4,325.8 | +0.149% | $77.0M | $152.9M | 150x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.718% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,324.1 | +0.109% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,323.4 | +0.093% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,357.1 | +0.873% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,321.2 | +0.042% | $291.8M | $51.6M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,321.1 | +0.039% | $15.0M | $55.7M | 25x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
Bybit XAUUSDT
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.PShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | +0.0061% | 4h | 4,326.1 | +0.156% | $72.8M | $272.7M | 20x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,323.9 | +0.104% | $20.3M | $28.9M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0064% | 1h | 4,320.3 | +0.021% | $32K | — | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0070% | 8h | 4,323.4 | +0.093% | $2K | $14K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,319.5 | +0.003% | $2.1M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0088% | 24h | 4,325.8 | +0.148% | $3.8M | $44.4M | 15x | as long as short |
| Variational Omni XAU | +0.0092% | 4h | 4,321 | +0.037% | $47.3M | $29.0M | — | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,319.3 | −0.002% | $47K | $79K | 25x | as long as short |
| Gate XAU_USDT | +0.0098% | 4h | 4,326.4 | +0.163% | $279.6M | $410.8M | 100x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,325.3 | +0.136% | $365.0M | $325.4M | 1000x | as long as short |
| Binance XAUUSDT | +0.0100% | 4h | 4,325.2 | +0.135% | $425.6M | $2.14B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,321.1 | +0.040% | $1.4M | $1.2M | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0100% | 4h | 4,323.9 | +0.105% | $1.4M | $3.0M | 25x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,318.5 | −0.022% | $272K | $208K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.5 | +0.072% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0106% | 4h | 4,317.6 | −0.042% | $30.0M | $59.6M | 50x | as long as short |
| Lighter RH XAU | +0.0128% | 1h | 4,326.3 | +0.159% | $20.0M | $38.7M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0144% | 1h | 4,321.7 | +0.053% | $163K | $865K | 25x | as long as short |
| Extended XAU-USD | +0.0160% | 1h | 4,320.9 | +0.034% | $13.1M | $36.7M | 25x | as long as short |
| Bitget XAUUSDT | +0.0202% | 4h | 4,325 | +0.130% | $70.2M | $119.1M | 100x | as long as short |
| Bullet GOLD-USD | +0.0206% | 1h | 4,323.3 | +0.091% | $59K | $80K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0219% | 1h | 4,325.2 | +0.135% | $4.3M | $2.0M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,320.1 | +0.017% | $577K | $136K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0288% | 8h | 4,325 | +0.130% | $173.4M | $300.8M | 100x | as long as short |
| BloFin XAU-USDT | +0.0340% | 4h | 4,323.1 | +0.085% | $16.4M | $4.6M | 100x | as long as short |
| HTX XAU-USDTshort | +0.0368% | 4h | 4,329.3 | +0.229% | $3.2M | $5.8M | 75x | |
| Phemex XAUUSDT | +0.0380% | 4h | 4,326.8 | +0.172% | $2.2M | $975K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0308% | 1h | 4,323.4 | +0.092% | $253K | — | 111x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,326 | +0.152% | $4.4M | $13.3M | 25x | as long as short |
Aster XAUUSD1
Lighter XAU
Hotstuff GOLD-PERP
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
Variational Omni XAU
Phoenix GOLD
Gate XAU_USDT
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
GRVT XAU_USDT_Perp
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Lighter RH XAU
Deribit GOLD_USDC-PERPETUAL
Extended XAU-USD
Bitget XAUUSDT
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
RISEx XAU/USDC