Funding you earn now, next payment 08:00 UTC−0.0596%/8h= −65.2% APRnext payment −$2.98 per $10,000 · paid last 24h −0.089%
Price spread now: SunX against HTX−0.012%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$710.706% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.012%, 7d avg +0.045%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and SunX is 0.057% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.98 per $10,000. 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 | 4,345.8 | 0.0596 | pay 0.0298% / 4h | 3h 23m | $2.8M | $4.6M | 75x |
| Short | SunX XAU-USDT | 4,345.2 | 0 | get 0.0000% / 4h | 3h 23m | $92K | $8.6M | 20x |
HTX XAU-USDT
SunX XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$125.11
- Price spread: −0.012% → +0.045%
- −$5.66
- Slippage, 4 orders
- −$50.6
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$201.37
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from HTX: live order book, 5 min ago; SunX: live order book, 5 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, 5 min ago | 0.01 bp | 6.0 bp −$6 | 8.2 bp −$82 | 14.1 bp −$1,410 | doesn't fit |
| Sell SunX live order book, 5 min ago | 23.59 bp | 29.5 bp −$30 | 47.1 bp −$471 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDTshort | 0.0000% | 4h | 4,345.2 | −0.012% | $92K | $8.6M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,337.8 | −0.184% | $271K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0005% | 1h | 4,341.3 | −0.102% | $3.9M | $12.4M | 25x | as long as short |
| Bybit XAUUSDT | +0.0022% | 4h | 4,342.7 | −0.069% | $79.9M | $152.1M | 150x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,337.7 | −0.186% | $13.3M | $37.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.107% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,341.6 | −0.095% | $3.8M | $4.5M | 40x | as long as short |
| Bluefin GOLD-PERP | +0.0040% | 1h | 4,335.5 | −0.236% | $25K | $14K | 20x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,340.3 | −0.125% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,373.8 | +0.645% | — | $1.0M | 25x | as long as short |
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Bybit XAUUSDT
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Bluefin GOLD-PERP
QFEX GOLD-USD
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XAU | +0.0048% | 1h | 4,340.3 | −0.126% | $20.7M | $34.6M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,338.2 | −0.174% | $293.5M | $49.2M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,338.4 | −0.169% | $15.1M | $56.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0051% | 24h | 4,338.9 | −0.158% | $4.2M | $37.4M | 15x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,339.5 | −0.144% | $2.1M | $4.8M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0056% | 8h | 4,340.7 | −0.117% | $19K | $5K | 5x | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,342.9 | −0.065% | $20.2M | $40.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0080% | 1h | 4,338 | −0.178% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | +0.0084% | 4h | 4,343.1 | −0.062% | $269.2M | $416.9M | 100x | as long as short |
| Aster XAUUSD1 | +0.0091% | 4h | 4,343 | −0.063% | $71.5M | $332.0M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,337.2 | −0.197% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,338.1 | −0.177% | $274K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0102% | 4h | 4,340.5 | −0.121% | $48.3M | $27.6M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,340.1 | −0.129% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0116% | 4h | 4,341.5 | −0.098% | $371.1M | $320.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0117% | 4h | 4,341.9 | −0.088% | $417.8M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0131% | 4h | 4,338 | −0.178% | $30.2M | $58.1M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,338.4 | −0.169% | $47K | $77K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0204% | 4h | 4,341.8 | −0.091% | $1.4M | $2.9M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0215% | 1h | 4,341.4 | −0.100% | $4.3M | $1.9M | 20x | as long as short |
| Bullet GOLD-USD | +0.0215% | 1h | 4,341.6 | −0.095% | $59K | $82K | 10x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0234% | 1h | 4,339.8 | −0.137% | $205K | $826K | 25x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0259% | 1h | 4,338.1 | −0.175% | $592K | $132K | 25x | as long as short |
| Bitget XAUUSDT | +0.0264% | 4h | 4,342.4 | −0.078% | $71.0M | $109.2M | 100x | as long as short |
| Phemex XAUUSDT | +0.0278% | 4h | 4,344.4 | −0.031% | $2.2M | $967K | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0326% | 8h | 4,342.3 | −0.079% | $167.0M | $281.9M | 100x | as long as short |
| BloFin XAU-USDT | +0.0356% | 4h | 4,341.7 | −0.093% | $15.7M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0428% / S −0.0252% | 1h | 4,341.6 | −0.095% | $250K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.0596% | 4h | 4,345.8 | long leg | $2.8M | $4.6M | 75x |
Lighter XAU
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Kalshi KXGOLDPERP
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Lighter RH XAU
Hotstuff GOLD-PERP
Gate XAU_USDT
Aster XAUUSD1
Pacifica XAU
ApeX Omni XAUUSDT
Variational Omni XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
Phoenix GOLD
GRVT XAU_USDT_Perp
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Deribit GOLD_USDC-PERPETUAL
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Phemex XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]