XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0246%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h +0.089%

Price spread now: HTX against SunX−0.003%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$830.832% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.003%, 7d avg −0.044%

Together, before fees+0.083%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and HTX is 0.041% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.044%.

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 +$1.23 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	SunX XAU-USDT	4,328.3	0	get 0.0000% / 4h	1h 26m	$92K	$7.7M	20x
Short	HTX XAU-USDT	4,328.2	0.0246	get 0.0123% / 4h	1h 26m	$2.8M	$4.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now −0.003%Rate

Funding earned: $51.63
Price spread: −0.003% → −0.044%: $4.1
Slippage, 4 orders: −$63.24
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$27.5
Costs to cover: 0.832%
Break-even: 10.7 days

Slippage from SunX: live order book, 12 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 SunX live order book, 12 min ago	26.54 bp	30.5 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	0.68 bp	7.4 bp −$7	10.4 bp −$104	14.6 bp −$1,455	22.9 bp −$11.4K

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	−0.0093%	1h	4,317.2	−0.257%	$25K	$1K	20x	as long as short
SunX XAU-USDTlong	0.0000%	4h	4,328.3	long leg	$92K	$7.7M	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,319.1	−0.213%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0009%	4h	4,324	−0.099%	$77.4M	$154.9M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.511%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.4	−0.113%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,322	−0.146%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,356.2	+0.644%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,320.2	−0.187%	$291.5M	$51.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,318.9	−0.218%	$15.0M	$55.5M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAU	+0.0064%	1h	4,323.2	−0.118%	$20.3M	$30.5M	25x	as long as short
Aster XAUUSD1	+0.0066%	4h	4,324.7	−0.083%	$72.5M	$277.4M	20x	as long as short
Extended XAU-USD	+0.0072%	1h	4,319.1	−0.213%	$12.9M	$36.9M	25x	as long as short
Hotstuff GOLD-PERP	+0.0072%	1h	4,319.6	−0.201%	$32K	—	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,321.2	−0.164%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0074%	8h	4,322	−0.147%	$2K	$13K	5x	as long as short
Kalshi KXGOLDPERP	+0.0076%	24h	4,324.6	−0.086%	$3.8M	$43.7M	15x	as long as short
GRVT XAU_USDT_Perp	+0.0080%	4h	4,323	−0.122%	$1.4M	$3.0M	25x	as long as short
Variational Omni XAU	+0.0090%	4h	4,322.5	−0.134%	$47.4M	$28.8M	—	as long as short
MEXC XAU_USDT	+0.0096%	4h	4,323.1	−0.120%	$362.3M	$330.8M	1000x	as long as short
Binance XAUUSDT	+0.0096%	4h	4,323.2	−0.119%	$417.2M	$2.13B	100x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.8	−0.197%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,319.3	−0.208%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.9	−0.193%	$272K	$208K	50x	as long as short
Gate XAU_USDT	+0.0104%	4h	4,325.1	−0.073%	$280.9M	$417.9M	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,322.8	−0.128%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0111%	4h	4,318.4	−0.229%	$30.0M	$59.4M	50x	as long as short
Lighter RH XAU	+0.0112%	1h	4,324.9	−0.079%	$19.9M	$38.8M	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0153%	1h	4,320.5	−0.180%	$585K	$135K	25x	as long as short
Bullet GOLD-USD	+0.0177%	1h	4,323.5	−0.111%	$59K	$82K	10x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,326.3	−0.046%	$4.1M	$12.8M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0209%	1h	4,324	−0.100%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0224%	4h	4,323.3	−0.116%	$67.8M	$118.1M	100x	as long as short
HTX XAU-USDTshort	+0.0246%	4h	4,328.2	−0.003%	$2.8M	$4.9M	75x
Deribit GOLD_USDC-PERPETUAL	+0.0282%	1h	4,321.9	−0.148%	$192K	$836K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0305%	8h	4,323.3	−0.116%	$171.7M	$298.3M	100x	as long as short
Phemex XAUUSDT	+0.0329%	4h	4,324.6	−0.086%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0336%	4h	4,323	−0.122%	$16.1M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,323.5	−0.111%	$252K	—	111x	as long as short