XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0143%/8h= +15.7% APRnext payment +$0.72 per $10,000 · paid last 24h +0.054%

Price spread now: HTX against MEXC+0.042%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$160.161% of the position

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.042%, 7d avg +0.055%

Together, before fees0.000%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XAU_USDT	4,350.5	0.0118	pay 0.0059% / 4h	2h 44m	$370.1M	$318.0M	1000x
Short	HTX XAU-USDT	4,352.4	0.0261	get 0.0131% / 4h	2h 44m	$2.8M	$4.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee HTXbpOrdersPrice spread, now +0.042%Rate

Funding earned: $30.07
Price spread: +0.042% → +0.055%: −$1.32
Slippage, 4 orders: −$0.09
Fee MEXC: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: $12.65
Costs to cover: 0.161%
Break-even: 4.1 days

Slippage from MEXC: live order book, 4 min ago; HTX: 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 MEXC live order book, 4 min ago	0.03 bp	2.0 bp −$2	2.1 bp −$21	5.2 bp −$522	27.3 bp −$13.6K
Sell HTX live order book, 4 min ago	0.01 bp	6.0 bp −$6	8.8 bp −$88	10.5 bp −$1,052	19.8 bp −$9,902

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	−0.0046%	1h	4,344.4	−0.140%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,354.9	+0.101%	$93K	$8.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,346.7	−0.087%	$272K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0008%	1h	4,347.4	−0.072%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,346.7	−0.088%	$13.2M	$37.3M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.003%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,351.3	+0.018%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0044%	1h	4,348.9	−0.037%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,383.4	+0.756%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,346.9	−0.083%	$293.7M	$49.5M	25x	as long as short

Show 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	4,346.9	−0.083%	$15.1M	$56.7M	25x	as long as short
RISEx XAU/USDC	+0.0054%	1h	4,351.2	+0.015%	$3.7M	$12.5M	25x	as long as short
Kalshi KXGOLDPERP	+0.0055%	24h	4,349.5	−0.024%	$4.2M	$39.4M	15x	as long as short
Lighter XAU	+0.0056%	1h	4,349.7	−0.020%	$20.7M	$30.4M	25x	as long as short
Paradex XAU-USD-PERP	+0.0070%	8h	4,350.5	−0.001%	$19K	$5K	5x	as long as short
Bybit XAUUSDT	+0.0071%	4h	4,351.4	+0.019%	$80.2M	$151.7M	150x	as long as short
Gate XAU_USDT	+0.0072%	4h	4,351.8	+0.028%	$271.8M	$397.6M	100x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,348.6	−0.044%	$2.1M	$4.7M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,346.9	−0.084%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,347	−0.082%	$277K	$204K	50x	as long as short
Aster XAUUSD1	+0.0105%	4h	4,352.2	+0.039%	$71.6M	$331.2M	20x	as long as short
Variational Omni XAU	+0.0107%	4h	4,349.4	−0.026%	$48.5M	$27.6M	—	as long as short
Lighter RH XAU	+0.0112%	1h	4,352.1	+0.037%	$20.1M	$38.2M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,349.5	−0.024%	$161K	$87	10x	as long as short
MEXC XAU_USDTlong	+0.0118%	4h	4,350.5	long leg	$370.1M	$318.0M	1000x
Deribit GOLD_USDC-PERPETUAL	+0.0118%	1h	4,349.2	−0.031%	$203K	$822K	25x	as long as short
Binance XAUUSDT	+0.0118%	4h	4,350.2	−0.007%	$418.8M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0119%	4h	4,346.1	−0.101%	$30.2M	$58.2M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0120%	4h	4,350.4	−0.002%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0127%	1h	4,347.4	−0.072%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0158%	1h	4,350.5	0.000%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0168%	1h	4,350.3	−0.005%	$4.3M	$2.0M	20x	as long as short
Phemex XAUUSDT	+0.0197%	4h	4,352.9	+0.055%	$2.2M	$967K	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0246%	1h	4,347.4	−0.073%	$591K	$128K	25x	as long as short
HTX XAU-USDTshort	+0.0261%	4h	4,352.4	+0.042%	$2.8M	$4.6M	75x
Bitget XAUUSDT	+0.0280%	4h	4,350.9	+0.009%	$71.6M	$107.9M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0336%	8h	4,351.9	+0.031%	$168.3M	$282.3M	100x	as long as short
BloFin XAU-USDT	+0.0370%	4h	4,349.3	−0.029%	$15.9M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0428% / S −0.0252%	1h	4,350.6	+0.001%	$251K	—	111x	as long as short