Funding you earn now, next payment 10:00 UTC+0.1062%/8h= +116.3% APRpaid last 24h +0.099%
Price spread now: HTX against Vest−0.538%46s7-day average −0.801% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now −0.538%, 7d avg −0.801%
=Together, before fees−0.036%+ Points / potential airdropVest: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and HTX is 0.263% dearer against Vest than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.801%. The two prices were read 46 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 4 days it paid 0.069% in total (about 7.0% 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 | Vest GC-PERP | 4,362.5 | 0.0046 | pay 0.0006% / 1h | 57m 23s | — | $1.0M | 25x |
| Short | HTX XAU-USDT | 4,339 | 0.1108 | get 0.0554% / 4h | 2h 57m | $3.2M | $7.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Vest. 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
- $223.07
- Price spread: −0.538% → −0.801%
- $26.26
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $235.34
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; HTX: live order book, 2 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 2 min ago | 0.01 bp | 9.4 bp −$9 | 11.7 bp −$117 | 19.2 bp −$1,919 | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDT | 0.0000% | 4h | 4,333.7 | −0.660% | $92K | $6.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,330.7 | −0.730% | $275K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0024% | 1h | 4,327.4 | −0.805% | $2.0M | $5.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.277% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0038% | 1h | 4,328.4 | −0.782% | $6.6M | $3.0M | 20x | as long as short |
| Bluefin GOLD-PERP | +0.0039% | 1h | 4,323.5 | −0.894% | $25K | $1K | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,332.7 | −0.683% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERPlong | +0.0046% | 1h | 4,362.5 | long leg | — | $1.0M | 25x | |
| Hotstuff GOLD-PERP | +0.0048% | 1h | 4,326.4 | −0.828% | $32K | — | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,325.9 | −0.839% | $292.2M | $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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,325.5 | −0.848% | $15.1M | $57.3M | 25x | as long as short |
| RISEx XAU/USDC | +0.0056% | 1h | 4,330.3 | −0.737% | $4.6M | $13.6M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0058% | 8h | 4,328.9 | −0.769% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,330.8 | −0.728% | $74.4M | $272.9M | 20x | as long as short |
| Extended XAU-USD | +0.0080% | 1h | 4,325.4 | −0.850% | $12.7M | $35.8M | 25x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,330.9 | −0.724% | $19.8M | $38.5M | 25x | as long as short |
| Variational Omni XAU | +0.0093% | 4h | 4,332 | −0.700% | $47.2M | $30.1M | — | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,333.5 | −0.665% | $43K | $67K | 25x | as long as short |
| Lighter XAU | +0.0096% | 1h | 4,328.8 | −0.772% | $20.2M | $29.3M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,325.7 | −0.844% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,330 | −0.745% | $284K | $232K | 50x | as long as short |
| Gate XAU_USDT | +0.0102% | 4h | 4,331.1 | −0.720% | $299.3M | $428.2M | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,328.7 | −0.774% | $160K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0114% | 4h | 4,329.4 | −0.759% | $353.8M | $347.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0115% | 4h | 4,329.5 | −0.755% | $435.8M | $2.35B | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0120% | 1h | 4,328.9 | −0.770% | $4.3M | $1.7M | 20x | as long as short |
| Kalshi KXGOLDPERP | +0.0120% | 24h | 4,333.4 | −0.667% | $3.5M | $48.5M | 15x | as long as short |
| edgeX XAUUSDC | +0.0127% | 4h | 4,330.2 | −0.741% | $30.3M | $64.9M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0132% | 4h | 4,331.1 | −0.719% | $1.4M | $3.0M | 25x | as long as short |
| Bybit XAUUSDT | +0.0140% | 4h | 4,331 | −0.722% | $81.6M | $169.7M | 150x | as long as short |
| Bullet GOLD-USD | +0.0180% | 1h | 4,329.4 | −0.760% | $58K | $77K | 10x | as long as short |
| Bitget XAUUSDT | +0.0196% | 4h | 4,329.5 | −0.756% | $71.9M | $132.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0212% | 1h | 4,327.6 | −0.800% | $134K | $781K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0244% | 8h | 4,330.6 | −0.731% | $170.9M | $354.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0304% | 4h | 4,333.9 | −0.656% | $2.2M | $961K | 100x | as long as short |
| BloFin XAU-USDT | +0.0356% | 4h | 4,332.2 | −0.695% | $16.2M | $5.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0411% | 1h | 4,326.6 | −0.822% | $582K | $150K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0466% / S −0.0313% | 1h | 4,332.8 | −0.682% | $256K | — | 111x | as long as short |
| HTX XAU-USDTshort | +0.1108% | 4h | 4,339 | −0.538% | $3.2M | $7.0M | 75x |
HTX XAU-USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Coinbase International GOLD-PERP-INTX
Injective XAU/USDC PERP
Bluefin GOLD-PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
RISEx XAU/USDC
Paradex XAU-USD-PERP
Aster XAUUSD1
Extended XAU-USD
Lighter RH XAU
Variational Omni XAU
Phoenix GOLD
Lighter XAU
Pacifica XAU
ApeX Omni XAUUSDT
Gate XAU_USDT
MEXC XAU_USDT
Binance XAUUSDT
Polymarket Perps GOLD-USD
Kalshi KXGOLDPERP
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Bybit XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Phemex XAUUSDT
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]