XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0484%/8h= +53.0% APRnext payment +$2.42 per $10,000 · paid last 24h +0.017%

Price spread now: HTX against Binance+0.140%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on Binance 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 2 days (all we have)−0.112%−$11 · spread now +0.140%, 7d avg +0.060%

Together, before fees−0.133%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and HTX is 0.080% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.060%.

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 +$2.42 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	Binance XAUUSDT	4,347	0.0108	pay 0.0054% / 4h	1h 48m	$410.0M	$2.10B	100x
Short	HTX XAU-USDT	4,353.1	0.0593	get 0.0296% / 4h	1h 48m	$2.8M	$4.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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 BinancebpFee HTXbpOrdersPrice spread, now +0.140%Rate

Funding earned: $101.66
Price spread: +0.140% → +0.060%: $8
Slippage, 4 orders: −$5.13
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $82.53
Costs to cover: 0.271%
Break-even: 1.3 days

Slippage from Binance: live order book, 10 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 Binance live order book, 10 min ago	0.01 bp	5.0 bp −$5	5.0 bp −$50	7.4 bp −$744	doesn't fit
Sell HTX live order book, 5 min ago	0.01 bp	9.9 bp −$10	13.8 bp −$138	19.4 bp −$1,945	29.0 bp −$14.5K

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
Bluefin GOLD-PERP	−0.0050%	1h	4,342.1	−0.114%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERP	−0.0032%	1h	4,344.6	−0.055%	$33K	—	25x	as long as short
Gate XAU_USDT	0.0000%	4h	4,348.5	+0.035%	$264.3M	$406.3M	100x	as long as short
SunX XAU-USDT	0.0000%	4h	4,351.5	+0.103%	$92K	$9.4M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,342.5	−0.103%	$269K	—	250x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,347.5	+0.012%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,342.3	−0.108%	$13.6M	$40.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.078%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0037%	24h	4,345.3	−0.039%	$4.1M	$36.2M	15x	as long as short
StandX XAU-USD	+0.0040%	1h	4,349.3	+0.053%	$3.8M	$4.6M	40x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,380.2	+0.764%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,346.7	−0.007%	$5.6M	$1.9M	20x	as long as short
Lighter XAU	+0.0048%	1h	4,345.2	−0.043%	$20.6M	$41.9M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,346.7	−0.007%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,344.7	−0.053%	$293.2M	$48.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,343.8	−0.074%	$15.1M	$57.8M	25x	as long as short
Aster XAUUSD1	+0.0056%	4h	4,347.9	+0.020%	$70.0M	$330.9M	20x	as long as short
Lighter RH XAU	+0.0080%	1h	4,347.7	+0.016%	$20.1M	$39.3M	25x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,347.2	+0.005%	$19K	$5K	5x	as long as short
Pacifica XAU	+0.0100%	1h	4,344.2	−0.065%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,350.6	+0.083%	$275K	$203K	50x	as long as short
Variational Omni XAU	+0.0102%	4h	4,347.9	+0.020%	$48.3M	$27.9M	—	as long as short
Binance XAUUSDTlong	+0.0108%	4h	4,347	long leg	$410.0M	$2.10B	100x
Polymarket Perps GOLD-USD	+0.0109%	1h	4,345.9	−0.026%	$4.3M	$1.9M	20x	as long as short
Aevo XAU-PERP	+0.0112%	1h	4,346.9	−0.003%	$161K	$87	10x	as long as short
MEXC XAU_USDT	+0.0114%	4h	4,346.8	−0.005%	$371.0M	$316.4M	1000x	as long as short
GRVT XAU_USDT_Perp	+0.0118%	4h	4,349.4	+0.056%	$1.4M	$3.0M	25x	as long as short
edgeX XAUUSDC	+0.0136%	4h	4,348.4	+0.032%	$30.3M	$58.7M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,347.8	+0.018%	$47K	$77K	25x	as long as short
Bullet GOLD-USD	+0.0201%	1h	4,347	−0.001%	$58K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0202%	4h	4,348.1	+0.025%	$84.3M	$145.2M	150x	as long as short
Bitget XAUUSDT	+0.0210%	4h	4,346.8	−0.005%	$69.6M	$109.2M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0249%	8h	4,347.8	+0.018%	$164.4M	$282.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0270%	1h	4,344	−0.069%	$593K	$133K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0280%	1h	4,345.1	−0.044%	$259K	$703K	25x	as long as short
Phemex XAUUSDT	+0.0353%	4h	4,349.8	+0.064%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0399% / S −0.0208%	1h	4,347	−0.001%	$251K	—	111x	as long as short
HTX XAU-USDTshort	+0.0593%	4h	4,353.1	+0.140%	$2.8M	$4.2M	75x