Funding you earn now, next payment 08:00 UTC−0.0508%/8h= −55.6% APRpaid last 24h −0.088%
Price spread now: gTrade (Gains Network) against HTX−0.293%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2802.798% of the position
Funding, last 3 days (all we have)−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.293%, 7d avg −0.165%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and gTrade (Gains Network) is 0.128% cheaper against HTX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.165%). Swap the legs.
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 -9.3% 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 | HTX XAU-USDT | 4,323 | 0.0511 | pay 0.0256% / 4h | 16m 07s | $3.2M | $6.0M | 75x |
| Short | gTrade (Gains Network) XAU/USD | 4,310.3 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 16m 07s | $269K | — | 250x |
HTX XAU-USDT
gTrade (Gains Network) XAU/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$106.69
- Price spread: −0.293% → −0.165%
- −$12.83
- Slippage, 4 orders
- −$260.78
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$399.29
- Costs to cover
- 2.798%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 53 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, 3 min ago | 0.01 bp | 6.7 bp −$7 | 9.7 bp −$97 | 14.0 bp −$1,397 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 53 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | 0.0000% | 1h | 4,311.5 | −0.266% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,318.6 | −0.101% | $92K | $7.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | L +0.0002% / S −0.0003% | 1h | 4,310.3 | −0.293% | $269K | — | 250x | |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.634% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,314.2 | −0.204% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,346.7 | +0.548% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,311.3 | −0.271% | $290.7M | $51.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,311.1 | −0.275% | $15.0M | $55.3M | 25x | as long as short |
| StandX XAU-USD | +0.0056% | 1h | 4,319.2 | −0.088% | $3.8M | $4.5M | 40x | as long as short |
| Aster XAUUSD1 | +0.0057% | 4h | 4,315.8 | −0.166% | $72.8M | $272.0M | 20x | as long as short |
Hotstuff GOLD-PERP
SunX XAU-USDT
Injective XAU/USDC PERP
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
StandX XAU-USD
Aster XAUUSD1Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XAUUSDT | +0.0062% | 4h | 4,315.2 | −0.180% | $77.7M | $154.3M | 150x | as long as short |
| Paradex XAU-USD-PERP | +0.0063% | 8h | 4,314.1 | −0.205% | $2K | $14K | 5x | as long as short |
| Bluefin GOLD-PERP | +0.0063% | 1h | 4,309.4 | −0.315% | $25K | $1K | 20x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,313.5 | −0.219% | $20.3M | $30.1M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,309.7 | −0.308% | $2.0M | $5.0M | 25x | as long as short |
| Variational Omni XAU | +0.0095% | 4h | 4,317.1 | −0.136% | $47.1M | $29.1M | — | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,314.7 | −0.192% | $42K | $79K | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0097% | 24h | 4,315.8 | −0.167% | $3.6M | $44.9M | 15x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,311.6 | −0.264% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,315.1 | −0.182% | $272K | $209K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,315.7 | −0.169% | $20.0M | $39.8M | 25x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,314.2 | −0.203% | $160K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0106% | 4h | 4,314.2 | −0.203% | $363.4M | $334.9M | 1000x | as long as short |
| Binance XAUUSDT | +0.0108% | 4h | 4,314.4 | −0.198% | $427.9M | $2.15B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0110% | 4h | 4,316.3 | −0.155% | $1.4M | $3.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0110% | 4h | 4,316.1 | −0.159% | $286.8M | $424.5M | 100x | as long as short |
| Extended XAU-USD | +0.0112% | 1h | 4,310.2 | −0.295% | $13.2M | $36.8M | 25x | as long as short |
| edgeX XAUUSDC | +0.0126% | 4h | 4,311.5 | −0.266% | $30.0M | $60.3M | 50x | as long as short |
| Bitget XAUUSDT | +0.0190% | 4h | 4,314.2 | −0.203% | $70.2M | $119.9M | 100x | as long as short |
| Bullet GOLD-USD | +0.0205% | 1h | 4,314.7 | −0.193% | $59K | $81K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0214% | 1h | 4,313 | −0.231% | $161K | $878K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0219% | 1h | 4,314.5 | −0.197% | $4.3M | $1.8M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,312.2 | −0.250% | $574K | $138K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0269% | 8h | 4,314.4 | −0.199% | $174.9M | $301.8M | 100x | as long as short |
| BloFin XAU-USDT | +0.0348% | 4h | 4,315.9 | −0.165% | $16.6M | $4.9M | 100x | as long as short |
| Phemex XAUUSDT | +0.0422% | 4h | 4,318.8 | −0.097% | $2.2M | $975K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0465% / S −0.0311% | 1h | 4,314.6 | −0.195% | $254K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.0511% | 4h | 4,323 | long leg | $3.2M | $6.0M | 75x | |
| RISEx XAU/USDC | +0.0643% | 1h | 4,315.1 | −0.183% | $4.5M | $13.4M | 25x | as long as short |
Bybit XAUUSDT
Paradex XAU-USD-PERP
Bluefin GOLD-PERP
Lighter XAU
Coinbase International GOLD-PERP-INTX
Variational Omni XAU
Phoenix GOLD
Kalshi KXGOLDPERP
Pacifica XAU
ApeX Omni XAUUSDT
Lighter RH XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
Gate XAU_USDT
Extended XAU-USD
edgeX XAUUSDC
Bitget XAUUSDT
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
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