Funding you earn now, next payment 04:00 UTC−0.0214%/8h= −23.4% APRnext payment −$1.07 per $10,000 · paid last 24h +0.055%
Price spread now: BloFin against HTX−0.122%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days+0.366%+$37 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.122%, 7d avg −0.042%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.080% cheaper against HTX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.042%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.366%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,353.1 | 0.0580 | pay 0.0290% / 4h | 1h 46m | $2.8M | $4.2M | 75x |
| Short | BloFin XAU-USDT | 4,347.8 | 0.0366 | get 0.0183% / 4h | 1h 46m | — | $4.7M | 100x |
HTX XAU-USDT
BloFin XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$44.87
- Price spread: −0.122% → −0.042%
- −$7.98
- Slippage, 4 orders
- −$3.74
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.6
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 min ago; BloFin: live order book, 62 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, 2 min ago | 0.01 bp | 7.0 bp −$7 | 9.5 bp −$95 | 13.5 bp −$1,353 | doesn't fit |
| Sell BloFin live order book, 62 min ago | 0.01 bp | 6.0 bp −$6 | 6.1 bp −$61 | 7.7 bp −$767 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOLD-PERP | −0.0016% | 1h | 4,344.8 | −0.190% | $33K | — | 25x | as long as short |
| Bluefin GOLD-PERP | −0.0007% | 1h | 4,342.2 | −0.251% | $25K | $14K | 20x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,348.9 | −0.096% | $264.6M | $407.2M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,352.1 | −0.024% | $92K | $9.4M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,343.3 | −0.225% | $266K | — | 250x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,347.5 | −0.128% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,342.9 | −0.234% | $13.6M | $39.9M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.061% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0037% | 24h | 4,345.1 | −0.184% | $4.2M | $36.4M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,348.4 | −0.108% | $3.8M | $4.6M | 40x | as long as short |
Hotstuff GOLD-PERP
Bluefin GOLD-PERP
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GC-PERP | +0.0046% | 1h | 4,380.6 | +0.632% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,347.2 | −0.135% | $5.6M | $1.9M | 20x | as long as short |
| Aster XAUUSD1 | +0.0047% | 4h | 4,348.2 | −0.111% | $70.0M | $331.4M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,343.1 | −0.229% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.5 | −0.197% | $293.3M | $48.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,343.9 | −0.212% | $15.1M | $57.7M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,345.8 | −0.169% | $20.6M | $41.9M | 25x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,348.4 | −0.107% | $20.1M | $39.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0085% | 8h | 4,347 | −0.139% | $19K | $5K | 5x | as long as short |
| Binance XAUUSDT | +0.0098% | 4h | 4,347.2 | −0.135% | $411.2M | $2.10B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,344.1 | −0.207% | $1.4M | $1.2M | 10x | as long as short |
| MEXC XAU_USDT | +0.0100% | 4h | 4,347.1 | −0.138% | $371.2M | $316.6M | 1000x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,344 | −0.209% | $274K | $203K | 50x | as long as short |
| Variational Omni XAU | +0.0102% | 4h | 4,347.9 | −0.120% | $48.3M | $27.9M | — | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,347.2 | −0.134% | $161K | $87 | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0117% | 1h | 4,347.1 | −0.138% | $4.3M | $1.9M | 20x | as long as short |
| GRVT XAU_USDT_Perp | +0.0118% | 4h | 4,349.4 | −0.084% | $1.4M | $3.0M | 25x | as long as short |
| edgeX XAUUSDC | +0.0126% | 4h | 4,342.6 | −0.241% | $30.2M | $58.9M | 50x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,347.8 | −0.122% | $47K | $77K | 25x | as long as short |
| Bybit XAUUSDT | +0.0201% | 4h | 4,348.4 | −0.107% | $84.4M | $145.1M | 150x | as long as short |
| Bullet GOLD-USD | +0.0207% | 1h | 4,348 | −0.117% | $58K | $83K | 10x | as long as short |
| Bitget XAUUSDT | +0.0210% | 4h | 4,347.7 | −0.125% | $69.6M | $109.3M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0233% | 1h | 4,345.8 | −0.167% | $259K | $704K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0249% | 8h | 4,347.9 | −0.119% | $164.4M | $282.4M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0270% | 1h | 4,344.5 | −0.198% | $593K | $133K | 25x | as long as short |
| Phemex XAUUSDT | +0.0352% | 4h | 4,351 | −0.049% | $2.2M | $1.1M | 100x | as long as short |
| BloFin XAU-USDTshort | +0.0366% | 4h | 4,347.8 | −0.122% | — | $4.7M | 100x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0399% / S −0.0208% | 1h | 4,347.8 | −0.122% | $251K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.0580% | 4h | 4,353.1 | long leg | $2.8M | $4.2M | 75x |
Vest GC-PERP
QFEX GOLD-USD
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Lighter XAU
Lighter RH XAU
Paradex XAU-USD-PERP
Binance XAUUSDT
Pacifica XAU
MEXC XAU_USDT
ApeX Omni XAUUSDT
Variational Omni XAU
Aevo XAU-PERP
Polymarket Perps GOLD-USD
GRVT XAU_USDT_Perp
edgeX XAUUSDC
Phoenix GOLD
Bybit XAUUSDT
Bullet GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]