Funding you earn now, next payment 08:00 UTC−0.0207%/8h= −22.7% APRnext payment −$1.04 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against HTX−0.115%46s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.115%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.068% cheaper against HTX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.047%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.04 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 | HTX XAU-USDT | 4,331.9 | 0.0401 | pay 0.0201% / 4h | 36m 27s | $3.2M | $5.9M | 75x |
| Short | Bitget XAUUSDT | 4,326.9 | 0.0194 | get 0.0097% / 4h | 36m 27s | $70.2M | $118.6M | 100x |
HTX XAU-USDT
Bitget XAUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$43.48
- Price spread: −0.115% → −0.047%
- −$6.82
- Slippage, 4 orders
- −$1.77
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$76.07
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 0.01 bp | 7.7 bp −$8 | 10.0 bp −$100 | 16.6 bp −$1,660 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.01 bp | 6.0 bp −$6 | 6.7 bp −$67 | 11.8 bp −$1,177 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0150% | 1h | 4,320.5 | −0.262% | $25K | $1K | 20x | as long as short |
| Hotstuff GOLD-PERP | 0.0000% | 1h | 4,322.7 | −0.211% | $32K | — | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,330.5 | −0.030% | $92K | $7.3M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,322.7 | −0.211% | $270K | — | 250x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.428% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,327.8 | −0.094% | $3.8M | $4.5M | 40x | as long as short |
| Bybit XAUUSDT | +0.0044% | 4h | 4,327.7 | −0.096% | $77.6M | $153.1M | 150x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,324.6 | −0.168% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,359.5 | +0.638% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,323.2 | −0.200% | $291.8M | $51.5M | 25x | as long as short |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
StandX XAU-USD
Bybit XAUUSDT
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLDShow 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 | 4,322.4 | −0.219% | $15.0M | $55.7M | 25x | as long as short |
| Aster XAUUSD1 | +0.0057% | 4h | 4,327.9 | −0.091% | $72.9M | $272.0M | 20x | as long as short |
| Lighter XAU | +0.0064% | 1h | 4,325.7 | −0.142% | $20.4M | $29.1M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0066% | 8h | 4,325.7 | −0.141% | $2K | $14K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,322.8 | −0.209% | $2.1M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0091% | 24h | 4,327.8 | −0.094% | $3.8M | $44.5M | 15x | as long as short |
| Variational Omni XAU | +0.0091% | 4h | 4,327 | −0.113% | $47.2M | $29.3M | — | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,323.8 | −0.186% | $47K | $79K | 25x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,326.8 | −0.118% | $364.1M | $327.0M | 1000x | as long as short |
| GRVT XAU_USDT_Perp | +0.0098% | 4h | 4,326.6 | −0.121% | $1.4M | $3.1M | 25x | as long as short |
| Binance XAUUSDT | +0.0099% | 4h | 4,326.7 | −0.119% | $425.7M | $2.13B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,322.9 | −0.207% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,324.3 | −0.175% | $272K | $208K | 50x | as long as short |
| Gate XAU_USDT | +0.0104% | 4h | 4,328.9 | −0.068% | $281.8M | $414.6M | 100x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,325.9 | −0.138% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0113% | 4h | 4,323.5 | −0.194% | $30.1M | $59.5M | 50x | as long as short |
| Lighter RH XAU | +0.0120% | 1h | 4,328.2 | −0.085% | $20.0M | $39.0M | 25x | as long as short |
| Extended XAU-USD | +0.0136% | 1h | 4,322.8 | −0.210% | $13.2M | $36.7M | 25x | as long as short |
| Bitget XAUUSDTshort | +0.0194% | 4h | 4,326.9 | −0.115% | $70.2M | $118.6M | 100x | |
| Bullet GOLD-USD | +0.0204% | 1h | 4,326.8 | −0.117% | $58K | $81K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0218% | 1h | 4,327 | −0.112% | $4.3M | $2.0M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,323.6 | −0.190% | $578K | $135K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0236% | 1h | 4,325.3 | −0.151% | $163K | $870K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0277% | 8h | 4,327 | −0.112% | $173.8M | $299.4M | 100x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,326.7 | −0.119% | $16.4M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0358% | 4h | 4,329.5 | −0.055% | $2.2M | $974K | 100x | as long as short |
| HTX XAU-USDTlong | +0.0401% | 4h | 4,331.9 | long leg | $3.2M | $5.9M | 75x | |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0307% | 1h | 4,326.7 | −0.119% | $253K | — | 111x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,326.7 | −0.118% | $4.6M | $13.3M | 25x | as long as short |
Ondo Perps XAU-USD.P
Aster XAUUSD1
Lighter XAU
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
Variational Omni XAU
Phoenix GOLD
MEXC XAU_USDT
GRVT XAU_USDT_Perp
Binance XAUUSDT
Pacifica XAU
ApeX Omni XAUUSDT
Gate XAU_USDT
Aevo XAU-PERP
edgeX XAUUSDC
Lighter RH XAU
Extended XAU-USD
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
RISEx XAU/USDC