Funding you earn now, next payment 10:00 UTC−0.1028%/8h= −112.5% APRpaid last 24h −0.083%
Price spread now: ApeX Omni against HTX−0.310%76s7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as 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−$500.500% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.310%, 7d avg −0.099%
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and ApeX Omni is 0.211% cheaper against HTX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.099%). Swap the legs. The two prices were read 76 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 7 days it paid 0.045% in total (about 2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,341.3 | 0.1128 | pay 0.0564% / 4h | 2h 03m | $3.2M | $7.0M | 75x |
| Short | ApeX Omni XAUUSDT | 4,327.8 | 0.0100 | get 0.0013% / 1h | 3m 43s | $284K | $223K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$215.82
- Price spread: −0.310% → −0.099%
- −$21.07
- Slippage, 4 orders
- −$28
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$286.89
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; ApeX Omni: live order book, 46 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, 3 min ago | 0.01 bp | 6.9 bp −$7 | 9.1 bp −$91 | 14.4 bp −$1,441 | doesn't fit |
| Sell ApeX Omni live order book, 46 min ago | 4.60 bp | 19.3 bp −$19 | 33.2 bp −$332 | 62.2 bp −$6,219 | doesn't fit |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −2.0120% | 1h | 4,318.3 | −0.529% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,337.9 | −0.077% | $92K | $6.1M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,329.9 | −0.261% | $275K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0024% | 1h | 4,329.5 | −0.271% | $2.1M | $5.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.211% | $619 | $54 | 52x | as long as short |
| QFEX GOLD-USD | +0.0038% | 1h | 4,328.7 | −0.289% | $6.7M | $3.2M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,336.9 | −0.100% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,367 | +0.593% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,326.8 | −0.333% | $292.0M | $52.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,325.4 | −0.365% | $15.1M | $58.0M | 25x | as long as short |
Show all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0055% | 8h | 4,328.8 | −0.287% | $2K | $13K | 5x | as long as short |
| RISEx XAU/USDC | +0.0056% | 1h | 4,334.8 | −0.148% | $4.7M | $13.5M | 25x | as long as short |
| Aster XAUUSD1 | +0.0075% | 4h | 4,331.3 | −0.228% | $73.0M | $275.2M | 20x | as long as short |
| Phoenix GOLD | +0.0076% | 1h | 4,322 | −0.443% | $43K | $72K | 25x | as long as short |
| Variational Omni XAU | +0.0090% | 4h | 4,334.4 | −0.159% | $47.3M | $29.4M | — | as long as short |
| Lighter XAU | +0.0096% | 1h | 4,328.4 | −0.296% | $20.2M | $30.5M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,326.3 | −0.344% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDTshort | +0.0100% | 1h | 4,327.8 | −0.310% | $284K | $223K | 50x | |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,328.6 | −0.291% | $25K | $1K | 20x | as long as short |
| Gate XAU_USDT | +0.0102% | 4h | 4,331.3 | −0.230% | $302.7M | $450.1M | 100x | as long as short |
| Bybit XAUUSDT | +0.0107% | 4h | 4,330.5 | −0.247% | $80.5M | $171.4M | 150x | as long as short |
| MEXC XAU_USDT | +0.0110% | 4h | 4,329.3 | −0.276% | $362.5M | $365.8M | 1000x | as long as short |
| Binance XAUUSDT | +0.0111% | 4h | 4,329.4 | −0.273% | $445.1M | $2.40B | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,332.9 | −0.193% | $160K | $87 | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0116% | 4h | 4,333.8 | −0.171% | $1.4M | $3.1M | 25x | as long as short |
| edgeX XAUUSDC | +0.0119% | 4h | 4,324.3 | −0.390% | $30.2M | $66.3M | 50x | as long as short |
| Kalshi KXGOLDPERP | +0.0133% | 24h | 4,336.6 | −0.107% | $3.5M | $50.6M | 15x | as long as short |
| Polymarket Perps GOLD-USD | +0.0136% | 1h | 4,333.4 | −0.181% | $4.3M | $1.7M | 20x | as long as short |
| Lighter RH XAU | +0.0152% | 1h | 4,331.1 | −0.234% | $19.7M | $41.0M | 25x | as long as short |
| Extended XAU-USD | +0.0152% | 1h | 4,325.7 | −0.357% | $12.7M | $34.8M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0189% | 1h | 4,331.7 | −0.220% | $135K | $747K | 25x | as long as short |
| Bullet GOLD-USD | +0.0197% | 1h | 4,333.2 | −0.185% | $59K | $76K | 10x | as long as short |
| Bitget XAUUSDT | +0.0218% | 4h | 4,329.8 | −0.264% | $74.2M | $135.5M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0244% | 8h | 4,330 | −0.259% | $170.8M | $356.0M | 100x | as long as short |
| Phemex XAUUSDT | +0.0271% | 4h | 4,334.4 | −0.158% | $2.2M | $782K | 100x | as long as short |
| BloFin XAU-USDT | +0.0351% | 4h | 4,333.5 | −0.178% | $16.3M | $5.3M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0411% | 1h | 4,330.1 | −0.257% | $583K | $165K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0460% / S −0.0307% | 1h | 4,332.7 | −0.196% | $253K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.1128% | 4h | 4,341.3 | long leg | $3.2M | $7.0M | 75x |
HTX XAU-USDT
ApeX Omni XAUUSDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Coinbase International GOLD-PERP-INTX
Injective XAU/USDC PERP
StandX XAU-USD
tradeXYZ xyz:GOLD
Paradex XAU-USD-PERP
RISEx XAU/USDC
Aster XAUUSD1
Phoenix GOLD
Variational Omni XAU
Lighter XAU
Pacifica XAU
Bluefin GOLD-PERP
Gate XAU_USDT
Bybit XAUUSDT
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
edgeX XAUUSDC
Kalshi KXGOLDPERP
Polymarket Perps GOLD-USD
Lighter RH XAU
Extended XAU-USD
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Phemex XAUUSDT
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]