Funding you earn now, next payment 08:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.58 per $10,000 · paid last 24h −0.054%
Price spread now: MEXC against HTX−0.025%50s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.200% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.025%, 7d avg −0.055%
=The price spread pays, funding is against you. MEXC is 0.031% dearer against HTX than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.055%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours. The two prices were read 50 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 | 4,322.7 | 0.0213 | pay 0.0107% / 4h | 1h 50m | $2.8M | $5.0M | 75x |
| Short | MEXC XAU_USDT | 4,321.7 | 0.0098 | get 0.0049% / 4h | 1h 50m | $360.6M | $325.7M | 1000x |
HTX XAU-USDT
MEXC XAU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$24.21
- Price spread: −0.025% → −0.055%
- $3.05
- Slippage, 4 orders
- −$4.03
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$41.19
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; MEXC: 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, 3 min ago | 0.01 bp | 9.3 bp −$9 | 12.3 bp −$123 | 16.7 bp −$1,671 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.04 bp | 2.0 bp −$2 | 2.0 bp −$20 | 2.2 bp −$216 | 16.7 bp −$8,350 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0037% | 1h | 4,314.2 | −0.197% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,324.4 | +0.038% | $92K | $8.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,317.2 | −0.127% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0008% | 4h | 4,322.4 | −0.008% | $77.4M | $157.4M | 150x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,317.1 | −0.131% | $13.2M | $36.7M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.641% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,322.3 | −0.010% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,319.4 | −0.077% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,353.7 | +0.717% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,318.3 | −0.102% | $291.4M | $51.7M | 25x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,317 | −0.133% | $15.0M | $55.8M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,320 | −0.063% | $20.3M | $30.2M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0064% | 1h | 4,319.8 | −0.068% | $32K | — | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0069% | 24h | 4,321.9 | −0.019% | $3.9M | $43.0M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,318.1 | −0.107% | $2.1M | $4.9M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0073% | 8h | 4,320.9 | −0.043% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0080% | 4h | 4,323.7 | +0.023% | $1.4M | $3.0M | 25x | as long as short |
| Aster XAUUSD1 | +0.0080% | 4h | 4,322.7 | −0.001% | $72.4M | $312.4M | 20x | as long as short |
| Gate XAU_USDT | +0.0082% | 4h | 4,323.2 | +0.011% | $276.4M | $408.0M | 100x | as long as short |
| Variational Omni XAU | +0.0093% | 4h | 4,320.2 | −0.058% | $47.3M | $29.3M | — | as long as short |
| MEXC XAU_USDTshort | +0.0098% | 4h | 4,321.7 | −0.025% | $360.6M | $325.7M | 1000x | |
| Phoenix GOLD | +0.0100% | 1h | 4,320.2 | −0.058% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,317.3 | −0.125% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,319.8 | −0.068% | $272K | $208K | 50x | as long as short |
| Binance XAUUSDT | +0.0101% | 4h | 4,321.5 | −0.028% | $413.3M | $2.13B | 100x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,323.2 | +0.010% | $19.8M | $38.3M | 25x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,319.6 | −0.071% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0105% | 4h | 4,319.3 | −0.080% | $30.1M | $60.8M | 50x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0154% | 1h | 4,317.2 | −0.129% | $588K | $130K | 25x | as long as short |
| RISEx XAU/USDC | +0.0184% | 1h | 4,322.6 | −0.002% | $4.2M | $12.8M | 25x | as long as short |
| Bullet GOLD-USD | +0.0201% | 1h | 4,321.6 | −0.027% | $59K | $81K | 10x | as long as short |
| HTX XAU-USDTlong | +0.0213% | 4h | 4,322.7 | long leg | $2.8M | $5.0M | 75x | |
| Polymarket Perps GOLD-USD | +0.0218% | 1h | 4,321.6 | −0.026% | $4.2M | $1.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0236% | 4h | 4,321.5 | −0.028% | $67.9M | $119.2M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0316% | 8h | 4,322.2 | −0.012% | $170.2M | $296.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0340% | 4h | 4,322.3 | −0.011% | $16.1M | $4.4M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0375% | 1h | 4,319.5 | −0.074% | $193K | $830K | 25x | as long as short |
| Phemex XAUUSDT | +0.0418% | 4h | 4,323.4 | +0.015% | $2.2M | $962K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0463% / S −0.0307% | 1h | 4,321.4 | −0.029% | $252K | — | 111x | as long as short |
Ondo Perps XAU-USD.P
Lighter XAU
Hotstuff GOLD-PERP
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
Aster XAUUSD1
Gate XAU_USDT
Variational Omni XAU
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Binance XAUUSDT
Lighter RH XAU
Aevo XAU-PERP
edgeX XAUUSDC
Kraken Futures PF_XAUUSD
RISEx XAU/USDC
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]