XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0206%/8h= +22.5% APRnext payment +$1.03 per $10,000 · paid last 24h −0.068%

Price spread now: HTX against Phemex−0.017%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$830.829% of the position

Long on Phemex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.256%−$26 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.017%, 7d avg +0.020%

Together, before fees−0.243%−$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.037% cheaper against Phemex than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.020%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.256%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex XAUUSDT	4,347.6	0.0218	pay 0.0109% / 4h	3h 06m	$2.2M	$967K	100x
Short	HTX XAU-USDT	4,346.8	0.0424	get 0.0212% / 4h	3h 06m	$2.8M	$4.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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 PhemexbpFee HTXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $43.18
Price spread: −0.017% → +0.020%: −$3.74
Slippage, 4 orders: −$58.91
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$43.47
Costs to cover: 0.829%
Break-even: 14.0 days

Slippage from Phemex: live order book, 2 min ago; HTX: live order book, 2 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 Phemex live order book, 2 min ago	1.85 bp	39.2 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	0.01 bp	6.0 bp −$6	10.0 bp −$100	12.5 bp −$1,251	22.0 bp −$11.0K

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	−0.0005%	1h	4,338.1	−0.217%	$25K	$14K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,349.3	+0.039%	$92K	$8.6M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,340.9	−0.153%	$272K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,345.1	−0.056%	$3.7M	$12.5M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,341.4	−0.142%	$13.2M	$37.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.066%	$619	$54	52x	as long as short
Hotstuff GOLD-PERP	+0.0040%	1h	4,341.5	−0.139%	$33K	—	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,345.3	−0.052%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,344.1	−0.080%	$5.6M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,377.4	+0.686%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,342.5	−0.116%	$293.7M	$49.1M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,342.6	−0.115%	$15.0M	$56.8M	25x	as long as short
Kalshi KXGOLDPERP	+0.0052%	24h	4,341.9	−0.130%	$4.3M	$37.4M	15x	as long as short
Bybit XAUUSDT	+0.0055%	4h	4,346.9	−0.014%	$80.1M	$152.0M	150x	as long as short
Lighter XAU	+0.0056%	1h	4,345	−0.059%	$20.7M	$34.8M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,341.7	−0.135%	$2.1M	$4.7M	25x	as long as short
Gate XAU_USDT	+0.0062%	4h	4,347.2	−0.008%	$268.5M	$418.8M	100x	as long as short
Paradex XAU-USD-PERP	+0.0066%	8h	4,345.7	−0.042%	$19K	$5K	5x	as long as short
Lighter RH XAU	+0.0080%	1h	4,347.5	−0.001%	$20.2M	$40.2M	25x	as long as short
Aster XAUUSD1	+0.0097%	4h	4,346.5	−0.025%	$71.5M	$331.5M	20x	as long as short
Pacifica XAU	+0.0100%	1h	4,342	−0.128%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,340.4	−0.165%	$274K	$203K	50x	as long as short
Variational Omni XAU	+0.0105%	4h	4,342.7	−0.113%	$48.4M	$27.5M	—	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,343.9	−0.083%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0118%	4h	4,346	−0.035%	$370.6M	$321.4M	1000x	as long as short
Binance XAUUSDT	+0.0120%	4h	4,346.1	−0.033%	$418.8M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0135%	4h	4,340	−0.173%	$30.2M	$57.9M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,342	−0.128%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0154%	4h	4,343.9	−0.084%	$1.4M	$2.9M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0188%	1h	4,343.3	−0.098%	$204K	$826K	25x	as long as short
Polymarket Perps GOLD-USD	+0.0204%	1h	4,344.6	−0.068%	$4.2M	$2.0M	20x	as long as short
Bullet GOLD-USD	+0.0206%	1h	4,344.8	−0.064%	$59K	$82K	10x	as long as short
Phemex XAUUSDTlong	+0.0218%	4h	4,347.6	long leg	$2.2M	$967K	100x
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,341.8	−0.133%	$590K	$135K	25x	as long as short
Bitget XAUUSDT	+0.0274%	4h	4,346.1	−0.035%	$71.1M	$108.8M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0329%	8h	4,346.9	−0.015%	$167.3M	$283.0M	100x	as long as short
BloFin XAU-USDT	+0.0360%	4h	4,345	−0.058%	$15.7M	$4.4M	100x	as long as short
HTX XAU-USDTshort	+0.0424%	4h	4,346.8	−0.017%	$2.8M	$4.6M	75x
GMX GOLD/USD [ETH-USDC]	L +0.0428% / S −0.0252%	1h	4,344.8	−0.062%	$250K	—	111x	as long as short