Funding you earn now, next payment 04:00 UTC−0.0583%/8h= −63.9% APRpaid last 24h −0.039%
Price spread now: StandX against HTX−0.107%45s7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as 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−$330.326% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.107%, 7d avg −0.040%
=Together, before fees−0.016%+ Points / potential airdropStandX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and StandX is 0.067% cheaper against HTX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.040%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% 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 | 4,354.6 | 0.0623 | pay 0.0312% / 4h | 17m 37s | $2.9M | $4.3M | 75x |
| Short | StandX XAU-USD | 4,349.9 | 0.0040 | get 0.0005% / 1h | 17m 37s | $3.8M | $4.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$122.48
- Price spread: −0.107% → −0.040%
- −$6.72
- Slippage, 4 orders
- −$12.56
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$161.76
- Costs to cover
- 0.326%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; StandX: 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 | 9.0 bp −$9 | 10.1 bp −$101 | 15.6 bp −$1,560 | doesn't fit |
| Sell StandX live order book, 1 min ago | 2.07 bp | 9.1 bp −$9 | 9.4 bp −$94 | 12.2 bp −$1,220 | 14.2 bp −$7,091 |
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,349.2 | −0.124% | $3.4M | $12.2M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,350.4 | −0.095% | $265.1M | $415.9M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,353.4 | −0.026% | $93K | $8.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,345.1 | −0.217% | $272K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,346.5 | −0.185% | $33K | — | 25x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,348.1 | −0.149% | $20.8M | $38.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,345.6 | −0.206% | $13.2M | $38.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.095% | $619 | $54 | 52x | as long as short |
| Lighter RH XAU | +0.0040% | 1h | 4,350.3 | −0.098% | $20.1M | $39.3M | 25x | as long as short |
| StandX XAU-USDshort | +0.0040% | 1h | 4,349.9 | −0.107% | $3.8M | $4.5M | 40x |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0041% | 1h | 4,348.7 | −0.135% | $5.7M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,382.5 | +0.642% | — | $1.0M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0047% | 24h | 4,348.1 | −0.148% | $4.2M | $37.3M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,346.5 | −0.185% | $2.0M | $4.8M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,346.8 | −0.178% | $293.9M | $48.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,345.7 | −0.203% | $15.1M | $56.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0060% | 4h | 4,350.1 | −0.103% | $71.2M | $333.1M | 20x | as long as short |
| Variational Omni XAU | +0.0077% | 4h | 4,349.2 | −0.122% | $48.5M | $28.0M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,349 | −0.127% | $19K | $5K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0088% | 4h | 4,351.1 | −0.079% | $1.4M | $2.9M | 25x | as long as short |
| Binance XAUUSDT | +0.0089% | 4h | 4,349.4 | −0.118% | $413.4M | $2.09B | 100x | as long as short |
| MEXC XAU_USDT | +0.0090% | 4h | 4,349.7 | −0.112% | $372.1M | $318.7M | 1000x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,346 | −0.197% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,348.9 | −0.131% | $275K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,344.3 | −0.235% | $25K | $14K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,348.8 | −0.133% | $161K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0105% | 4h | 4,346.9 | −0.176% | $30.3M | $58.2M | 50x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,349 | −0.128% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0157% | 1h | 4,349.2 | −0.123% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0186% | 1h | 4,349.3 | −0.121% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,346.3 | −0.190% | $593K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0215% | 4h | 4,352.2 | −0.055% | $2.2M | $967K | 100x | as long as short |
| Bitget XAUUSDT | +0.0232% | 4h | 4,349.8 | −0.109% | $70.1M | $109.3M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0233% | 1h | 4,347.7 | −0.158% | $206K | $823K | 25x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,350.8 | −0.087% | $85.3M | $145.1M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0294% | 8h | 4,350.7 | −0.089% | $165.5M | $282.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0331% | 4h | 4,351.1 | −0.080% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0417% / S −0.0236% | 1h | 4,349.3 | −0.121% | $248K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.0623% | 4h | 4,354.6 | long leg | $2.9M | $4.3M | 75x |
HTX XAU-USDT
StandX XAU-USD
RISEx XAU/USDC
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
Lighter RH XAU
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
Binance XAUUSDT
MEXC XAU_USDT
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
edgeX XAUUSDC
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bybit XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]