Funding you earn now, next payment 02:00 UTC−0.0502%/8h= −54.9% APRpaid last 24h −0.047%
Price spread now: Injective against HTX−0.318%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 0.318% cheaper against HTX than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,364.3 | 0.0535 | pay 0.0268% / 4h | 2h 19m | $2.9M | $3.9M | 75x |
| Short | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | get 0.0004% / 1h | 19m 56s | $619 | $54 | 52x |
HTX XAU-USDT
Injective XAU/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$105.37
- Price spread: −0.318% → 0.000%
- −$31.85
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$149.24
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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 | 8.2 bp −$8 | 9.7 bp −$97 | 13.8 bp −$1,381 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAU on 38 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 | 4,360.7 | −0.084% | $263.5M | $412.5M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,364.2 | −0.004% | $93K | $9.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,355.8 | −0.196% | $270K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0016% | 1h | 4,356.5 | −0.179% | $33K | — | 25x | as long as short |
| Aster XAUUSD1 | +0.0020% | 4h | 4,360.3 | −0.093% | $70.6M | $293.2M | 20x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,355.1 | −0.212% | $13.5M | $42.1M | 25x | as long as short |
| Injective XAU/USDC PERPshort | +0.0033% | 1h | 4,350.4 | −0.318% | $619 | $54 | 52x | |
| Kalshi KXGOLDPERP | +0.0033% | 24h | 4,356.9 | −0.170% | $4.1M | $35.9M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,359.3 | −0.115% | $3.8M | $4.7M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,393.3 | +0.664% | — | $1.0M | 25x | as long as short |
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
Aster XAUUSD1
Extended XAU-USD
Kalshi KXGOLDPERP
StandX XAU-USD
Vest GC-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,356.2 | −0.186% | $294.4M | $48.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,356.4 | −0.182% | $14.9M | $57.9M | 25x | as long as short |
| QFEX GOLD-USD | +0.0051% | 1h | 4,358.6 | −0.131% | $5.6M | $1.9M | 20x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,358.3 | −0.137% | $20.7M | $43.7M | 25x | as long as short |
| Lighter RH XAU | +0.0056% | 1h | 4,360.7 | −0.084% | $20.1M | $40.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0066% | 1h | 4,359.4 | −0.113% | $4.3M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,354.8 | −0.218% | $2.0M | $5.0M | 25x | as long as short |
| Variational Omni XAU | +0.0078% | 4h | 4,359 | −0.121% | $48.3M | $28.1M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0082% | 8h | 4,359.3 | −0.114% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0092% | 4h | 4,351.7 | −0.288% | $30.3M | $59.8M | 50x | as long as short |
| MEXC XAU_USDT | +0.0094% | 4h | 4,359.3 | −0.115% | $376.0M | $323.4M | 1000x | as long as short |
| Binance XAUUSDT | +0.0096% | 4h | 4,359.4 | −0.113% | $409.2M | $2.09B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,356.6 | −0.177% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,356.1 | −0.187% | $275K | $204K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,352.1 | −0.281% | $26K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,358.6 | −0.131% | $161K | $87 | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0110% | 4h | 4,360 | −0.099% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0121% | 1h | 4,356.7 | −0.175% | $48K | $64K | 25x | as long as short |
| RISEx XAU/USDC | +0.0135% | 1h | 4,359.2 | −0.118% | $3.4M | $12.4M | 25x | as long as short |
| Bullet GOLD-USD | +0.0161% | 1h | 4,360.1 | −0.096% | $59K | $83K | 10x | as long as short |
| Bybit XAUUSDT | +0.0170% | 4h | 4,360.3 | −0.093% | $84.1M | $143.8M | 150x | as long as short |
| Bitget XAUUSDT | +0.0176% | 4h | 4,359.6 | −0.108% | $69.5M | $109.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0186% | 1h | 4,357.6 | −0.154% | $243K | $671K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0234% | 8h | 4,360.6 | −0.085% | $164.9M | $282.9M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,357.2 | −0.164% | $594K | $139K | 25x | as long as short |
| Phemex XAUUSDT | +0.0346% | 4h | 4,362 | −0.054% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0394% / S −0.0199% | 1h | 4,360.1 | −0.096% | $253K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.0535% | 4h | 4,364.3 | long leg | $2.9M | $3.9M | 75x |
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
QFEX GOLD-USD
Lighter XAU
Lighter RH XAU
Polymarket Perps GOLD-USD
Coinbase International GOLD-PERP-INTX
Variational Omni XAU
Paradex XAU-USD-PERP
edgeX XAUUSDC
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Aevo XAU-PERP
GRVT XAU_USDT_Perp
Phoenix GOLD
RISEx XAU/USDC
Bullet GOLD-USD
Bybit XAUUSDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]