XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0459%/8h= +50.2% APRnext payment +$2.29 per $10,000 · paid last 24h +0.017%

Price spread now: HTX against MEXC+0.147%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$200.202% of the position

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 3 days (all we have)−0.103%−$10 · spread now +0.147%, 7d avg +0.053%

Together, before fees−0.123%−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and HTX is 0.094% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.053%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XAU_USDT	4,352.3	0.0104	pay 0.0052% / 4h	2h 13m	$375.4M	$324.1M	1000x
Short	HTX XAU-USDT	4,358.7	0.0563	get 0.0281% / 4h	2h 13m	$2.9M	$3.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee HTXbpOrdersPrice spread, now +0.147%Rate

Funding earned: $96.36
Price spread: +0.147% → +0.053%: $9.4
Slippage, 4 orders: −$4.22
Fee MEXC: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: $85.53
Costs to cover: 0.202%
Break-even: 0.8 days

Slippage from MEXC: live order book, 1 min ago; HTX: live order book, 1 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 MEXC live order book, 1 min ago	0.03 bp	2.0 bp −$2	2.0 bp −$20	5.6 bp −$557	25.3 bp −$12.6K
Sell HTX live order book, 1 min ago	0.01 bp	8.9 bp −$9	14.2 bp −$142	18.0 bp −$1,798	28.3 bp −$14.2K

XAU on 38 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
Gate XAU_USDT	0.0000%	4h	4,354	+0.038%	$263.4M	$414.1M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,357.1	+0.110%	$93K	$9.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,347.9	−0.101%	$269K	—	250x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,351.2	−0.026%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,348.2	−0.095%	$13.5M	$41.8M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.044%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0034%	24h	4,350.4	−0.044%	$4.1M	$36.1M	15x	as long as short
Aster XAUUSD1	+0.0035%	4h	4,353.4	+0.026%	$70.4M	$301.3M	20x	as long as short
StandX XAU-USD	+0.0040%	1h	4,358.7	+0.147%	$3.8M	$4.7M	40x	as long as short
Vest GC-PERP	+0.0046%	1h	4,386.7	+0.790%	—	$1.0M	25x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,349.7	−0.060%	$294.0M	$48.5M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,349.7	−0.060%	$14.9M	$58.0M	25x	as long as short
QFEX GOLD-USD	+0.0051%	1h	4,353.6	+0.029%	$5.6M	$1.9M	20x	as long as short
Lighter XAU	+0.0056%	1h	4,351.4	−0.022%	$20.6M	$43.7M	25x	as long as short
Lighter RH XAU	+0.0064%	1h	4,353.7	+0.031%	$20.1M	$41.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,349.3	−0.069%	$2.0M	$5.0M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0076%	1h	4,352.2	−0.003%	$4.3M	$1.9M	20x	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,353.8	+0.035%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0086%	4h	4,356	+0.085%	$48.2M	$28.1M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,351.4	−0.021%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,352.6	+0.007%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,347	−0.121%	$25K	$14K	20x	as long as short
MEXC XAU_USDTlong	+0.0104%	4h	4,352.3	long leg	$375.4M	$324.1M	1000x
Aevo XAU-PERP	+0.0104%	1h	4,351.8	−0.012%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0105%	4h	4,352.3	0.000%	$409.0M	$2.10B	100x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,351.9	−0.010%	$30.3M	$60.0M	50x	as long as short
GRVT XAU_USDT_Perp	+0.0120%	4h	4,355.1	+0.064%	$1.4M	$2.9M	25x	as long as short
Phoenix GOLD	+0.0121%	1h	4,356.9	+0.105%	$48K	$64K	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,352.9	+0.013%	$3.4M	$12.4M	25x	as long as short
Bullet GOLD-USD	+0.0168%	1h	4,352.7	+0.010%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0180%	4h	4,353.3	+0.023%	$83.7M	$144.2M	150x	as long as short
Bitget XAUUSDT	+0.0186%	4h	4,352.9	+0.013%	$69.5M	$109.5M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,350.7	−0.037%	$249K	$679K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0239%	8h	4,353.7	+0.032%	$164.8M	$281.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,349.8	−0.058%	$593K	$139K	25x	as long as short
Phemex XAUUSDT	+0.0363%	4h	4,355.5	+0.074%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0391% / S −0.0197%	1h	4,352.4	+0.002%	$251K	—	111x	as long as short
HTX XAU-USDTshort	+0.0563%	4h	4,358.7	+0.147%	$2.9M	$3.9M	75x