XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0348%/8h= −38.1% APRnext payment −$1.74 per $10,000 · paid last 24h +0.006%

Price spread now: Bitget against HTX−0.080%7-day average −0.044% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$290.288% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.065%−$6 · spread now −0.080%, 7d avg −0.044%

Together, before fees+0.017%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.036% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you.

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 −$1.74 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	HTX XAU-USDT	4,357.1	0.0558	pay 0.0279% / 4h	1h 34m	$2.9M	$4.2M	75x
Short	Bitget XAUUSDT	4,353.6	0.0210	get 0.0105% / 4h	1h 34m	$70.2M	$109.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$73.01
Price spread: −0.080% → −0.044%: −$3.61
Slippage, 4 orders: −$4.76
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$105.37
Costs to cover: 0.288%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Bitget: live order book, 5 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 HTX live order book, 5 min ago	0.01 bp	7.1 bp −$7	9.5 bp −$95	13.9 bp −$1,394	doesn't fit
Sell Bitget live order book, 5 min ago	0.01 bp	6.1 bp −$6	7.2 bp −$72	10.9 bp −$1,087	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	4,355.9	−0.029%	$93K	$9.3M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,347.5	−0.221%	$267K	—	250x	as long as short
Gate XAU_USDT	+0.0008%	4h	4,354.6	−0.058%	$266.8M	$410.4M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,351.6	−0.126%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,347.9	−0.210%	$13.6M	$39.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.154%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0038%	24h	4,349.7	−0.170%	$4.1M	$36.9M	15x	as long as short
Aster XAUUSD1	+0.0039%	4h	4,353.5	−0.082%	$70.4M	$333.6M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,351.7	−0.124%	$3.8M	$4.6M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,384.8	+0.636%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0046%	1h	4,351.1	−0.138%	$5.6M	$1.9M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0046%	4h	4,351.6	−0.126%	$1.4M	$3.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,347.8	−0.214%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,349.6	−0.172%	$293.8M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,348.1	−0.207%	$15.1M	$57.6M	25x	as long as short
Lighter XAU	+0.0056%	1h	4,351.5	−0.130%	$20.6M	$42.1M	25x	as long as short
Variational Omni XAU	+0.0058%	4h	4,350.5	−0.152%	$48.3M	$27.8M	—	as long as short
MEXC XAU_USDT	+0.0072%	4h	4,352.8	−0.099%	$372.8M	$317.9M	1000x	as long as short
Binance XAUUSDT	+0.0073%	4h	4,353.1	−0.092%	$413.0M	$2.10B	100x	as long as short
Lighter RH XAU	+0.0080%	1h	4,353.8	−0.076%	$20.1M	$39.6M	25x	as long as short
Paradex XAU-USD-PERP	+0.0084%	8h	4,351.4	−0.132%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0086%	4h	4,344.3	−0.294%	$30.2M	$58.8M	50x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,351.4	−0.132%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,348.3	−0.202%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,347.7	−0.215%	$275K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,344.9	−0.279%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	+0.0112%	1h	4,348.5	−0.198%	$33K	—	25x	as long as short
Polymarket Perps GOLD-USD	+0.0134%	1h	4,351.2	−0.136%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,346.5	−0.244%	$47K	$77K	25x	as long as short
Bybit XAUUSDT	+0.0196%	4h	4,354.4	−0.062%	$84.1M	$145.0M	150x	as long as short
Bitget XAUUSDTshort	+0.0210%	4h	4,353.6	−0.080%	$70.2M	$109.7M	100x
Bullet GOLD-USD	+0.0220%	1h	4,352	−0.117%	$59K	$83K	10x	as long as short
Phemex XAUUSDT	+0.0236%	4h	4,352.9	−0.096%	$2.2M	$1.1M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0252%	8h	4,354.6	−0.058%	$164.9M	$281.8M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,348.9	−0.189%	$593K	$133K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0279%	1h	4,351.4	−0.131%	$258K	$705K	25x	as long as short
BloFin XAU-USDT	+0.0293%	4h	4,351.2	−0.136%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0403% / S −0.0213%	1h	4,351.6	−0.126%	$251K	—	111x	as long as short
HTX XAU-USDTlong	+0.0558%	4h	4,357.1	long leg	$2.9M	$4.2M	75x