Funding you earn now, next payment 12:00 UTC−0.0752%/8h= −82.3% APRnext payment −$3.76 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against HTX−0.149%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.149%, 7d avg −0.051%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and BloFin is 0.098% cheaper against HTX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.051%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.362%, 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 0.362% in total (about 18.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.76 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,344.7 | 0.1096 | pay 0.0548% / 4h | 1h 52m | $3.2M | $7.1M | 75x |
| Short | BloFin XAU-USDT | 4,338.2 | 0.0345 | get 0.0172% / 4h | 1h 52m | $16.3M | $5.3M | 100x |
HTX XAU-USDT
BloFin XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- −$157.85
- Price spread: −0.149% → −0.051%
- −$9.83
- Slippage, 4 orders
- −$5.22
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$196.9
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from HTX: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago | 0.01 bp | 8.7 bp −$9 | 11.7 bp −$117 | 17.9 bp −$1,794 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.04 bp | 6.0 bp −$6 | 6.0 bp −$60 | 8.3 bp −$825 | doesn't fit |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −3.0304% | 1h | 4,318.3 | −0.608% | $32K | — | 25x | as long as short |
| Bluefin GOLD-PERP | −0.0043% | 1h | 4,332.3 | −0.285% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,342 | −0.062% | $92K | $6.0M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | 0.0000% | 1h | 4,332.3 | −0.286% | $2.1M | $5.3M | 25x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,334.1 | −0.245% | $274K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.131% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,341.5 | −0.074% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,337.2 | −0.173% | $6.7M | $3.2M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,371.7 | +0.621% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,335.2 | −0.219% | $292.7M | $51.5M | 25x | as long as short |
Hotstuff GOLD-PERP
Bluefin GOLD-PERP
SunX XAU-USDT
Coinbase International GOLD-PERP-INTX
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLDShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,334 | −0.247% | $15.1M | $59.0M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0055% | 8h | 4,337.4 | −0.168% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0069% | 4h | 4,339.4 | −0.122% | $72.6M | $276.0M | 20x | as long as short |
| Polymarket Perps GOLD-USD | +0.0073% | 1h | 4,336.8 | −0.182% | $4.3M | $1.7M | 20x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0073% | 1h | 4,336.9 | −0.180% | $135K | $707K | 25x | as long as short |
| Variational Omni XAU | +0.0087% | 4h | 4,337.4 | −0.168% | $47.3M | $29.2M | — | as long as short |
| Lighter XAU | +0.0096% | 1h | 4,338.4 | −0.146% | $20.2M | $30.3M | 25x | as long as short |
| Gate XAU_USDT | +0.0096% | 4h | 4,339.6 | −0.117% | $300.5M | $441.7M | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,334.8 | −0.227% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,337.3 | −0.171% | $285K | $223K | 50x | as long as short |
| Binance XAUUSDT | +0.0103% | 4h | 4,337.7 | −0.161% | $443.8M | $2.43B | 100x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,339.2 | −0.126% | $19.6M | $39.6M | 25x | as long as short |
| MEXC XAU_USDT | +0.0104% | 4h | 4,338.3 | −0.148% | $368.1M | $351.2M | 1000x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,337.2 | −0.174% | $161K | $87 | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0106% | 4h | 4,340.9 | −0.089% | $1.4M | $3.1M | 25x | as long as short |
| edgeX XAUUSDC | +0.0115% | 4h | 4,333.8 | −0.252% | $30.3M | $67.1M | 50x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,334.6 | −0.233% | $43K | $71K | 25x | as long as short |
| Bybit XAUUSDT | +0.0128% | 4h | 4,339.1 | −0.129% | $82.6M | $173.3M | 150x | as long as short |
| Extended XAU-USD | +0.0128% | 1h | 4,334.4 | −0.238% | $12.5M | $34.5M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0135% | 24h | 4,340.3 | −0.102% | $3.5M | $51.0M | 15x | as long as short |
| Bullet GOLD-USD | +0.0183% | 1h | 4,338.1 | −0.152% | $59K | $76K | 10x | as long as short |
| RISEx XAU/USDC | +0.0205% | 1h | 4,338.5 | −0.143% | $4.7M | $13.3M | 25x | as long as short |
| Phemex XAUUSDT | +0.0212% | 4h | 4,340 | −0.108% | $2.3M | $784K | 100x | as long as short |
| Bitget XAUUSDT | +0.0218% | 4h | 4,338.2 | −0.151% | $73.0M | $139.4M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0240% | 8h | 4,338.4 | −0.145% | $170.6M | $361.0M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0253% | 1h | 4,334.5 | −0.234% | $584K | $167K | 25x | as long as short |
| BloFin XAU-USDTshort | +0.0345% | 4h | 4,338.2 | −0.149% | $16.3M | $5.3M | 100x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0308% | 1h | 4,337.9 | −0.157% | $254K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.1096% | 4h | 4,344.7 | long leg | $3.2M | $7.1M | 75x |
Ondo Perps XAU-USD.P
Paradex XAU-USD-PERP
Aster XAUUSD1
Polymarket Perps GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Variational Omni XAU
Lighter XAU
Gate XAU_USDT
Pacifica XAU
ApeX Omni XAUUSDT
Binance XAUUSDT
Lighter RH XAU
MEXC XAU_USDT
Aevo XAU-PERP
GRVT XAU_USDT_Perp
edgeX XAUUSDC
Phoenix GOLD
Bybit XAUUSDT
Extended XAU-USD
Kalshi KXGOLDPERP
Bullet GOLD-USD
RISEx XAU/USDC
Phemex XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]