Funding you earn now, next payment 09:00 UTC−0.0915%/8h= −100.1% APRpaid last 24h −0.037%
Price spread now: Deribit against HTX−0.212%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 4 days (all we have)+0.671%+$67 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.212%, 7d avg −0.162%
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Deribit is 0.050% cheaper against HTX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.162%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.671%, 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 | 4,315.7 | 0.1083 | pay 0.0541% / 4h | 3h 36m | $3.2M | $6.2M | 75x |
| Short | Deribit GOLD_USDC-PERPETUAL | 4,306.5 | 0.0168 | get 0.0021% / 1h | 36m 33s | $134K | $864K | 25x |
HTX XAU-USDT
Deribit GOLD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$192.06
- Price spread: −0.212% → −0.162%
- −$4.99
- Slippage, 4 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$225.05
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 min ago; Deribit: 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 | 6.4 bp −$6 | 8.0 bp −$80 | 12.2 bp −$1,222 | doesn't fit |
| Sell Deribit live order book, 62 min ago | 0.12 bp | 8.4 bp −$8 | 9.4 bp −$94 | doesn't fit | 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 | −0.0032% | 1h | 4,305.5 | −0.235% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,311.6 | −0.094% | $92K | $6.8M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,303.5 | −0.281% | $278K | — | 250x | as long as short |
| GRVT XAU_USDT_Perp | +0.0012% | 4h | 4,308 | −0.176% | $1.4M | $3.0M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.805% | $619 | $54 | 52x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,338 | +0.518% | — | $1.0M | 25x | as long as short |
| QFEX GOLD-USD | +0.0046% | 1h | 4,305.3 | −0.240% | $6.6M | $3.1M | 20x | as long as short |
| StandX XAU-USD | +0.0046% | 1h | 4,309.8 | −0.136% | $3.8M | $4.5M | 40x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,304.5 | −0.259% | $290.9M | $53.8M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0050% | 1h | 4,302.6 | −0.303% | $4.3M | $1.8M | 20x | as long as short |
Hotstuff GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
GRVT XAU_USDT_Perp
Injective XAU/USDC PERP
Vest GC-PERP
QFEX GOLD-USD
StandX XAU-USD
tradeXYZ xyz:GOLD
Polymarket Perps GOLD-USDShow 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 | 4,301.4 | −0.330% | $15.0M | $55.8M | 25x | as long as short |
| Aster XAUUSD1 | +0.0052% | 4h | 4,307 | −0.200% | $73.3M | $271.8M | 20x | as long as short |
| Extended XAU-USD | +0.0056% | 1h | 4,302.5 | −0.306% | $13.1M | $36.2M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0056% | 1h | 4,303.9 | −0.272% | $2.0M | $5.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0061% | 8h | 4,305.5 | −0.235% | $2K | $13K | 5x | as long as short |
| Lighter XAU | +0.0080% | 1h | 4,305.6 | −0.234% | $20.3M | $28.8M | 25x | as long as short |
| Variational Omni XAU | +0.0087% | 4h | 4,306.3 | −0.218% | $46.6M | $29.2M | — | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,303.2 | −0.289% | $42K | $86K | 25x | as long as short |
| Lighter RH XAU | +0.0096% | 1h | 4,308.7 | −0.161% | $19.8M | $39.9M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,303.4 | −0.285% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,304.4 | −0.261% | $275K | $218K | 50x | as long as short |
| MEXC XAU_USDT | +0.0102% | 4h | 4,306.3 | −0.218% | $360.9M | $337.1M | 1000x | as long as short |
| Binance XAUUSDT | +0.0102% | 4h | 4,305.6 | −0.234% | $434.0M | $2.22B | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,307 | −0.201% | $160K | $87 | 10x | as long as short |
| Bybit XAUUSDT | +0.0105% | 4h | 4,306.5 | −0.213% | $77.5M | $157.1M | 150x | as long as short |
| Kalshi KXGOLDPERP | +0.0109% | 24h | 4,310.6 | −0.117% | $3.7M | $46.4M | 15x | as long as short |
| edgeX XAUUSDC | +0.0111% | 4h | 4,306.8 | −0.206% | $30.0M | $61.5M | 50x | as long as short |
| RISEx XAU/USDC | +0.0126% | 1h | 4,308.1 | −0.175% | $4.4M | $13.1M | 25x | as long as short |
| Gate XAU_USDT | +0.0146% | 4h | 4,308.7 | −0.162% | $296.2M | $426.2M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUALshort | +0.0168% | 1h | 4,306.5 | −0.212% | $134K | $864K | 25x | |
| Bitget XAUUSDT | +0.0190% | 4h | 4,305.5 | −0.236% | $70.3M | $124.4M | 100x | as long as short |
| Bullet GOLD-USD | +0.0195% | 1h | 4,308.2 | −0.172% | $58K | $81K | 10x | as long as short |
| OKX XAU-USDT-SWAP | +0.0249% | 8h | 4,306.4 | −0.215% | $170.9M | $329.1M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0328% | 1h | 4,305.7 | −0.230% | $573K | $138K | 25x | as long as short |
| BloFin XAU-USDT | +0.0367% | 4h | 4,307.9 | −0.179% | $16.2M | $5.0M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0466% / S −0.0314% | 1h | 4,307.7 | −0.184% | $255K | — | 111x | as long as short |
| Phemex XAUUSDT | +0.0496% | 4h | 4,311.1 | −0.107% | $2.2M | $955K | 100x | as long as short |
| HTX XAU-USDTlong | +0.1083% | 4h | 4,315.7 | long leg | $3.2M | $6.2M | 75x | |
| Bluefin GOLD-PERP | +0.4755% | 1h | 4,303.1 | −0.292% | $25K | $1K | 20x | as long as short |
Ondo Perps XAU-USD.P
Aster XAUUSD1
Extended XAU-USD
Coinbase International GOLD-PERP-INTX
Paradex XAU-USD-PERP
Lighter XAU
Variational Omni XAU
Phoenix GOLD
Lighter RH XAU
Pacifica XAU
ApeX Omni XAUUSDT
MEXC XAU_USDT
Binance XAUUSDT
Aevo XAU-PERP
Bybit XAUUSDT
Kalshi KXGOLDPERP
edgeX XAUUSDC
RISEx XAU/USDC
Gate XAU_USDT
Bitget XAUUSDT
Bullet GOLD-USD
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
Phemex XAUUSDT
Bluefin GOLD-PERP