Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.019%
Price spread now: HTX against Bybit+0.051%53s7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.051%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.091% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.040%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAUTUSDT | 4,323.7 | 0.0058 | pay 0.0029% / 4h | 2h 24m | $119.1M | $29.0M | 75x |
| Short | HTX XAUT-USDT | 4,325.9 | 0.0100 | get 0.0050% / 4h | 2h 24m | $1.8M | $238K | 75x |
Bybit XAUTUSDT
HTX XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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
- $8.82
- Price spread: +0.051% → −0.040%
- $9.06
- Slippage, 4 orders
- −$15.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$20.21
- Costs to cover
- 0.381%
- Break-even
- 23.0 days
Slippage from Bybit: live order book, 5 min ago; HTX: 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 Bybit live order book, 5 min ago | 0.12 bp | 5.6 bp −$6 | 6.7 bp −$67 | 13.2 bp −$1,324 | doesn't fit |
| Sell HTX live order book, 5 min ago | 0.01 bp | 20.4 bp −$20 | 25.6 bp −$256 | doesn't fit | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0315% | 1h | 4,329.5 | +0.135% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0034% | 4h | 4,323 | −0.017% | $25.7M | $16.5M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,326.1 | +0.056% | $130.1M | $8.4M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.604% | $8K | $149K | 30x | as long as short |
| Variational Omni XAUT | +0.0042% | 4h | 4,326.9 | +0.076% | $33.0M | $3.4M | — | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,323.6 | −0.002% | $10.1M | $2.0M | 25x | as long as short |
| Bybit XAUTUSDTlong | +0.0058% | 4h | 4,323.7 | long leg | $119.1M | $29.0M | 75x | |
| MEXC XAUT_USDT | +0.0068% | 4h | 4,323.9 | +0.005% | $361.3M | $280.6M | 1000x | as long as short |
| Extended XAUT-USD | +0.0096% | 1h | 4,322.2 | −0.034% | $268K | $214K | 25x | as long as short |
| BingX XAUT-USDT | +0.0096% | 4h | 4,324.3 | +0.015% | — | $18.0M | — | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Variational Omni XAUT
SoDEX XAUT-USD
MEXC XAUT_USDT
Extended XAUT-USD
BingX XAUT-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XAUTUSDT | +0.0098% | 4h | 4,323.8 | +0.002% | $35.2M | $46.4M | 75x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,325.5 | +0.042% | $4.2M | $905K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,326.7 | +0.070% | $11.7M | $3.0M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,325.7 | +0.046% | $415 | $107K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,323.7 | +0.001% | $266 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,324.2 | +0.013% | $1.8M | $305K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,328.3 | +0.107% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDTshort | +0.0100% | 4h | 4,325.9 | +0.051% | $1.8M | $238K | 75x | |
| Kraken Futures PF_XAUTUSD | +0.0168% | 1h | 4,324.7 | +0.023% | $5.7M | $4.7M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0273% | 4h | 4,330.4 | +0.156% | $2.3M | $1.6M | 75x | as long as short |
Binance XAUTUSDT
Nado XAUT-PERP
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT