XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.1204%/8h= +131.8% APRnext payment +$6.02 per $10,000 · paid last 24h +0.113%

Price spread now: HTX against SunX+0.038%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$730.734% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$17 on $10k

Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.038%, 7d avg −0.042%

Together, before fees+0.059%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and HTX is 0.080% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.042%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.165% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.02 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	SunX XAU-USDT	4,315.6	0	get 0.0000% / 4h	3h 20m	$92K	$6.7M	20x
Short	HTX XAU-USDT	4,317.3	0.1204	get 0.0602% / 4h	3h 20m	$3.2M	$6.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now +0.038%Rate

Funding earned: $252.79
Price spread: +0.038% → −0.042%: $7.99
Slippage, 4 orders: −$53.39
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: $187.4
Costs to cover: 0.734%
Break-even: 1.8 days

Slippage from SunX: live order book, 9 min ago; HTX: live order book, 4 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 SunX live order book, 9 min ago	23.43 bp	27.4 bp −$27	40.2 bp −$402	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	0.01 bp	10.0 bp −$10	13.1 bp −$131	19.8 bp −$1,977	31.1 bp −$15.6K

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
SunX XAU-USDTlong	0.0000%	4h	4,315.6	long leg	$92K	$6.7M	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,307.7	−0.184%	$273K	—	250x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.806%	$619	$54	52x	as long as short
Vest GC-PERP	+0.0046%	1h	4,343.5	+0.646%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,309.1	−0.151%	$6.6M	$3.1M	20x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,307.8	−0.181%	$291.0M	$54.5M	25x	as long as short
Polymarket Perps GOLD-USD	+0.0050%	1h	4,310.3	−0.124%	$4.3M	$1.8M	20x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,307.5	−0.189%	$15.0M	$56.0M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,306.7	−0.207%	$2.0M	$5.1M	25x	as long as short
Paradex XAU-USD-PERP	+0.0062%	8h	4,309.8	−0.135%	$2K	$13K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XAUUSD1	+0.0069%	4h	4,315.9	+0.007%	$73.9M	$271.5M	20x	as long as short
Lighter XAU	+0.0080%	1h	4,311	−0.107%	$20.2M	$29.6M	25x	as long as short
Hotstuff GOLD-PERP	+0.0080%	1h	4,306.8	−0.205%	$32K	—	25x	as long as short
Extended XAU-USD	+0.0088%	1h	4,308.3	−0.170%	$13.0M	$36.1M	25x	as long as short
StandX XAU-USD	+0.0093%	1h	4,311.3	−0.100%	$3.8M	$4.5M	40x	as long as short
Phoenix GOLD	+0.0095%	1h	4,301.6	−0.325%	$42K	$86K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,306.5	−0.212%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,301.8	−0.322%	$273K	$219K	50x	as long as short
Lighter RH XAU	+0.0104%	1h	4,313.6	−0.046%	$19.8M	$40.6M	25x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,310.3	−0.123%	$160K	$87	10x	as long as short
Kalshi KXGOLDPERP	+0.0114%	24h	4,313.8	−0.042%	$3.6M	$47.1M	15x	as long as short
Variational Omni XAU	+0.0115%	4h	4,311.4	−0.097%	$46.9M	$29.9M	—	as long as short
edgeX XAUUSDC	+0.0117%	4h	4,300.7	−0.345%	$30.0M	$62.5M	50x	as long as short
MEXC XAU_USDT	+0.0122%	4h	4,314.1	−0.037%	$356.3M	$348.6M	1000x	as long as short
RISEx XAU/USDC	+0.0126%	1h	4,312	−0.084%	$4.5M	$13.4M	25x	as long as short
Binance XAUUSDT	+0.0130%	4h	4,313.8	−0.041%	$437.5M	$2.27B	100x	as long as short
Bybit XAUUSDT	+0.0141%	4h	4,314.7	−0.021%	$79.8M	$161.3M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0168%	1h	4,310.9	−0.110%	$133K	$832K	25x	as long as short
Gate XAU_USDT	+0.0178%	4h	4,313.8	−0.043%	$302.2M	$436.5M	100x	as long as short
GRVT XAU_USDT_Perp	+0.0188%	4h	4,306.4	−0.214%	$1.4M	$3.1M	25x	as long as short
Bullet GOLD-USD	+0.0197%	1h	4,311.9	−0.086%	$58K	$77K	10x	as long as short
Bitget XAUUSDT	+0.0202%	4h	4,312.7	−0.067%	$70.3M	$127.9M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0251%	8h	4,314.3	−0.031%	$170.7M	$341.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0328%	1h	4,309.2	−0.149%	$573K	$139K	25x	as long as short
BloFin XAU-USDT	+0.0394%	4h	4,311.7	−0.090%	$16.4M	$5.2M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0465% / S −0.0313%	1h	4,311.5	−0.096%	$254K	—	111x	as long as short
Phemex XAUUSDT	+0.0473%	4h	4,312.9	−0.064%	$2.2M	$959K	100x	as long as short
HTX XAU-USDTshort	+0.1204%	4h	4,317.3	+0.038%	$3.2M	$6.9M	75x
Bluefin GOLD-PERP	+0.2382%	1h	4,305.5	−0.235%	$25K	$1K	20x	as long as short