XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0409%/8h= +44.7% APRnext payment +$2.04 per $10,000 · paid last 24h +0.076%

Price spread now: HTX against Gate+0.054%50s7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.313% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.054%, 7d avg +0.026%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and HTX is 0.028% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 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	Gate XAU_USDT	4,321.7	0.0114	pay 0.0057% / 4h	12m 18s	$287.1M	$426.8M	100x
Short	HTX XAU-USDT	4,324	0.0523	get 0.0261% / 4h	12m 18s	$3.2M	$6.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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 GatebpFee HTXbpOrdersPrice spread, now +0.054%Rate

Funding earned: $85.82
Price spread: +0.054% → +0.026%: $2.81
Slippage, 4 orders: −$4.3
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: $57.33
Costs to cover: 0.313%
Break-even: 2.3 days

Slippage from Gate: live order book, 2 min ago; HTX: live order book, 2 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 Gate live order book, 2 min ago	0.01 bp	7.5 bp −$8	7.8 bp −$78	11.9 bp −$1,190	14.2 bp −$7,076
Sell HTX live order book, 2 min ago	0.01 bp	7.4 bp −$7	9.9 bp −$99	21.0 bp −$2,100	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
SunX XAU-USDT	0.0000%	4h	4,323.7	+0.046%	$92K	$7.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,315.8	−0.136%	$269K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.665%	$619	$54	52x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,318.3	−0.078%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,351.2	+0.683%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,315.9	−0.134%	$291.0M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,315.5	−0.143%	$15.0M	$55.5M	25x	as long as short
Bluefin GOLD-PERP	+0.0056%	1h	4,312.3	−0.218%	$25K	$1K	20x	as long as short
Aster XAUUSD1	+0.0059%	4h	4,320.4	−0.029%	$73.0M	$271.8M	20x	as long as short
Paradex XAU-USD-PERP	+0.0063%	8h	4,318.8	−0.067%	$2K	$14K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0067%	4h	4,320.7	−0.023%	$78.0M	$153.6M	150x	as long as short
Lighter XAU	+0.0072%	1h	4,318.7	−0.069%	$20.3M	$30.1M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,315.3	−0.148%	$2.0M	$5.1M	25x	as long as short
Hotstuff GOLD-PERP	+0.0088%	1h	4,316.3	−0.125%	$32K	—	25x	as long as short
StandX XAU-USD	+0.0093%	1h	4,320	−0.039%	$3.8M	$4.5M	40x	as long as short
Phoenix GOLD	+0.0096%	1h	4,314.7	−0.162%	$42K	$79K	25x	as long as short
Kalshi KXGOLDPERP	+0.0098%	24h	4,318.9	−0.065%	$3.6M	$44.9M	15x	as long as short
Variational Omni XAU	+0.0098%	4h	4,314	−0.178%	$47.1M	$29.0M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,315.9	−0.133%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,311.4	−0.238%	$271K	$209K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,321	−0.016%	$20.0M	$40.0M	25x	as long as short
MEXC XAU_USDT	+0.0110%	4h	4,319.6	−0.050%	$363.5M	$335.7M	1000x	as long as short
Binance XAUUSDT	+0.0111%	4h	4,319.6	−0.047%	$429.8M	$2.14B	100x	as long as short
Extended XAU-USD	+0.0112%	1h	4,315.7	−0.138%	$13.2M	$36.7M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0112%	4h	4,315.1	−0.153%	$1.4M	$3.0M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,318.7	−0.069%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,309.9	−0.272%	$30.0M	$60.5M	50x	as long as short
Gate XAU_USDTlong	+0.0114%	4h	4,321.7	long leg	$287.1M	$426.8M	100x
Bitget XAUUSDT	+0.0192%	4h	4,319.7	−0.047%	$70.5M	$120.0M	100x	as long as short
Bullet GOLD-USD	+0.0203%	1h	4,319.6	−0.047%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0223%	1h	4,320.2	−0.034%	$4.3M	$1.8M	20x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,317.1	−0.107%	$574K	$138K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0237%	1h	4,317.7	−0.092%	$161K	$878K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0267%	8h	4,319.7	−0.046%	$175.3M	$302.5M	100x	as long as short
BloFin XAU-USDT	+0.0351%	4h	4,319.1	−0.060%	$16.6M	$4.9M	100x	as long as short
Phemex XAUUSDT	+0.0402%	4h	4,320.3	−0.033%	$2.2M	$949K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0466% / S −0.0311%	1h	4,319.6	−0.047%	$254K	—	111x	as long as short
HTX XAU-USDTshort	+0.0523%	4h	4,324	+0.054%	$3.2M	$6.0M	75x
RISEx XAU/USDC	+0.0643%	1h	4,319.4	−0.053%	$4.5M	$13.3M	25x	as long as short