Funding you earn now, next payment 02:00 UTC−0.0529%/8h= −57.9% APRpaid last 24h −0.033%
Price spread now: Coinbase International against HTX−0.193%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.305% of the position
Funding, last 7 days+0.390%+$39 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.193%, 7d avg −0.150%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Coinbase International is 0.043% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.150%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.390%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,356.1 | 0.0577 | pay 0.0289% / 4h | 1h 12m | $2.9M | $4.2M | 75x |
| Short | Coinbase International GOLD-PERP-INTX | 4,347.7 | 0.0048 | get 0.0006% / 1h | 12m 56s | $2.0M | $4.9M | 25x |
HTX XAU-USDT
Coinbase International GOLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$111.1
- Price spread: −0.193% → −0.150%
- −$4.27
- Slippage, 4 orders
- −$8.52
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$145.89
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; Coinbase International: 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 HTX live order book, 1 min ago | 0.01 bp | 7.7 bp −$8 | 8.5 bp −$85 | 12.5 bp −$1,249 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 0.57 bp | 5.6 bp −$6 | 7.0 bp −$70 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XAU_USDT | 0.0000% | 4h | 4,352 | −0.094% | $264.4M | $415.5M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.8 | −0.030% | $93K | $9.2M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,346.7 | −0.217% | $267K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,350.4 | −0.132% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,346.9 | −0.212% | $13.5M | $38.4M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.131% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0040% | 24h | 4,348.7 | −0.170% | $4.1M | $37.1M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,350.6 | −0.126% | $3.8M | $4.6M | 40x | as long as short |
| Aster XAUUSD1 | +0.0042% | 4h | 4,351.3 | −0.110% | $70.7M | $334.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,384 | +0.640% | — | $1.0M | 25x | as long as short |
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USD
Aster XAUUSD1
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0046% | 1h | 4,349.8 | −0.145% | $5.7M | $2.0M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | +0.0048% | 1h | 4,347.7 | −0.193% | $2.0M | $4.9M | 25x | |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347 | −0.209% | $293.8M | $48.9M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,347.2 | −0.205% | $15.1M | $56.9M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,352.8 | −0.076% | $1.4M | $3.0M | 25x | as long as short |
| Variational Omni XAU | +0.0055% | 4h | 4,351.4 | −0.108% | $48.5M | $27.9M | — | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,349.4 | −0.154% | $20.6M | $42.6M | 25x | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,351.6 | −0.104% | $20.1M | $39.9M | 25x | as long as short |
| MEXC XAU_USDT | +0.0072% | 4h | 4,350.8 | −0.122% | $372.7M | $319.7M | 1000x | as long as short |
| Binance XAUUSDT | +0.0073% | 4h | 4,350.8 | −0.121% | $410.5M | $2.10B | 100x | as long as short |
| Paradex XAU-USD-PERP | +0.0078% | 8h | 4,350.7 | −0.125% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0079% | 4h | 4,349.3 | −0.156% | $30.3M | $58.6M | 50x | as long as short |
| Hotstuff GOLD-PERP | +0.0088% | 1h | 4,347.7 | −0.193% | $33K | — | 25x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,349.8 | −0.144% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,347 | −0.209% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,351.1 | −0.116% | $275K | $203K | 50x | as long as short |
| Polymarket Perps GOLD-USD | +0.0117% | 1h | 4,350 | −0.140% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,350.4 | −0.131% | $47K | $77K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0164% | 1h | 4,348.8 | −0.168% | $254K | $752K | 25x | as long as short |
| Bullet GOLD-USD | +0.0193% | 1h | 4,350.6 | −0.126% | $60K | $83K | 10x | as long as short |
| Phemex XAUUSDT | +0.0194% | 4h | 4,354 | −0.049% | $2.2M | $1.1M | 100x | as long as short |
| Bybit XAUUSDT | +0.0203% | 4h | 4,352.1 | −0.091% | $84.4M | $145.2M | 150x | as long as short |
| Bitget XAUUSDT | +0.0214% | 4h | 4,350.9 | −0.120% | $70.3M | $109.5M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0256% | 8h | 4,351.7 | −0.101% | $165.2M | $283.0M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,347.8 | −0.192% | $593K | $133K | 25x | as long as short |
| BloFin XAU-USDT | +0.0294% | 4h | 4,350.7 | −0.123% | $15.6M | $4.6M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0403% / S −0.0217% | 1h | 4,350.6 | −0.126% | $248K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.0577% | 4h | 4,356.1 | long leg | $2.9M | $4.2M | 75x | |
| Bluefin GOLD-PERP | +0.0630% | 1h | 4,344.2 | −0.274% | $25K | $14K | 20x | as long as short |
QFEX GOLD-USD
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
GRVT XAU_USDT_Perp
Variational Omni XAU
Lighter XAU
Lighter RH XAU
MEXC XAU_USDT
Binance XAUUSDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Hotstuff GOLD-PERP
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Polymarket Perps GOLD-USD
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Phemex XAUUSDT
Bybit XAUUSDT
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP