Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against HTX+0.065%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.065%, 7d avg +0.064%
=The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAUT-USDT | 4,341.2 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $1.8M | $233K | 75x |
| Short | Kraken Futures PF_XAUTUSD | 4,344 | 0.0188 | get 0.0023% / 1h | 4m 02s | $5.7M | $4.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against HTX. 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
- $18.4
- Price spread: +0.065% → +0.064%
- $0.17
- Slippage, 4 orders
- −$14.95
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$18.37
- Costs to cover
- 0.369%
- Break-even
- 14.0 days
Slippage from HTX: live order book, 5 min ago; Kraken Futures: 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 HTX live order book, 5 min ago | 5.65 bp | 12.9 bp −$13 | 18.5 bp −$185 | 31.9 bp −$3,188 | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 0.57 bp | 6.0 bp −$6 | 8.3 bp −$83 | 16.6 bp −$1,663 | 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 | −0.0330% | 1h | 4,345.2 | +0.093% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,342 | +0.019% | $25.8M | $15.2M | 75x | as long as short |
| Bybit XAUTUSDT | −0.0029% | 4h | 4,341.4 | +0.006% | $119.9M | $28.0M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0026% | 4h | 4,342.1 | +0.022% | $352.1M | $283.3M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,343.2 | +0.047% | $130.2M | $8.3M | 100x | as long as short |
| Variational Omni XAUT | +0.0002% | 4h | 4,341.9 | +0.017% | $33.0M | $3.5M | — | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.199% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,341.2 | +0.001% | $10.1M | $2.0M | 25x | as long as short |
| Binance XAUTUSDT | +0.0056% | 4h | 4,341.6 | +0.010% | $35.2M | $45.8M | 75x | as long as short |
| Extended XAUT-USD | +0.0056% | 1h | 4,340.5 | −0.015% | $272K | $213K | 25x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0062% | 4h | 4,342.6 | +0.034% | — | $17.8M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,341.6 | +0.012% | $4.2M | $1.0M | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,344.5 | +0.076% | $11.4M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,346.8 | +0.130% | $604 | $109K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,341.3 | +0.003% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,343 | +0.042% | $1.8M | $286K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,347.7 | +0.151% | $3K | $3.4M | 20x | as long as short |
| HTX XAUT-USDTlong | +0.0100% | 4h | 4,341.2 | long leg | $1.8M | $233K | 75x | |
| Kraken Futures PF_XAUTUSDshort | +0.0188% | 1h | 4,344 | +0.065% | $5.7M | $4.5M | 50x | |
| BloFin XAUT-USDT | +0.0219% | 4h | 4,342.7 | +0.036% | $2.3M | $1.6M | 75x | as long as short |
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Variational Omni XAUT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Binance XAUTUSDT
Extended XAUT-USD
BingX XAUT-USDT
KuCoin XAUTUSDTM
GRVT XAUT_USDT_Perp
Derive XAUT-PERP
SunX XAUT-USDT
BloFin XAUT-USDT