Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h +0.029%
Price spread now: HTX against Kraken Futures−0.032%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 3 days (all we have)−0.086%−$9 · spread now −0.032%, 7d avg −0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.032% dearer against Kraken Futures than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XAUTUSD | 4,367.8 | 0.0105 | pay 0.0013% / 1h | 14m 12s | $5.3M | $3.6M | 50x |
| Short | HTX XAUT-USDT | 4,366.4 | 0.0100 | get 0.0050% / 4h | 14m 12s | $1.9M | $232K | 75x |
Kraken Futures PF_XAUTUSD
HTX XAUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- −$0.96
- Price spread: −0.032% → −0.064%
- $3.2
- Slippage, 4 orders
- −$14
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$33.75
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; HTX: live order book, 5 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 Kraken Futures live order book, 5 min ago | 0.69 bp | 6.7 bp −$7 | 8.1 bp −$81 | 17.9 bp −$1,786 | doesn't fit |
| Sell HTX live order book, 5 min ago | 3.48 bp | 12.4 bp −$12 | 15.6 bp −$156 | doesn't fit | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0145% | 1h | 4,365.1 | −0.062% | $56K | $32K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0096% | 4h | 4,365.1 | −0.062% | $26.2M | $15.1M | 75x | as long as short |
| Injective XAUT/USDC PERP | −0.0055% | 1h | 4,349.8 | −0.412% | $8K | $149K | 30x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,366.9 | −0.020% | $131.9M | $8.0M | 100x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,367.1 | −0.016% | $10.2M | $2.0M | 25x | as long as short |
| MEXC XAUT_USDT | +0.0054% | 4h | 4,365.6 | −0.050% | $343.7M | $281.9M | 1000x | as long as short |
| Bybit XAUTUSDT | +0.0055% | 4h | 4,365.6 | −0.050% | $121.0M | $27.4M | 75x | as long as short |
| Variational Omni XAUT | +0.0061% | 4h | 4,365.5 | −0.052% | $33.3M | $3.4M | — | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,365.8 | −0.046% | $4.2M | $995K | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,366 | −0.041% | $35.6M | $46.5M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Injective XAUT/USDC PERP
Gate XAUT_USDT
SoDEX XAUT-USD
MEXC XAUT_USDT
Bybit XAUTUSDT
Variational Omni XAUT
Nado XAUT-PERP
Binance XAUTUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,367.9 | +0.002% | $11.4M | $2.9M | 75x | as long as short |
| BingX XAUT-USDT | +0.0100% | 4h | 4,365.9 | −0.044% | — | $17.9M | — | as long as short |
| GRVT XAUT_USDT_Perp | +0.0100% | 4h | 4,365.5 | −0.053% | $738 | $115K | 10x | as long as short |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,365.9 | −0.043% | $268 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,367.6 | −0.005% | $1.9M | $209K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,372.8 | +0.115% | $3K | $3.7M | 20x | as long as short |
| HTX XAUT-USDTshort | +0.0100% | 4h | 4,366.4 | −0.032% | $1.9M | $232K | 75x | |
| Extended XAUT-USD | +0.0104% | 1h | 4,365.4 | −0.054% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSDlong | +0.0105% | 1h | 4,367.8 | long leg | $5.3M | $3.6M | 50x | |
| BloFin XAUT-USDT | +0.0212% | 4h | 4,365.2 | −0.059% | $2.3M | $1.7M | 75x | as long as short |
KuCoin XAUTUSDTM
BingX XAUT-USDT
GRVT XAUT_USDT_Perp
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
Extended XAUT-USD
BloFin XAUT-USDT