Funding you earn now, next payment 04:00 UTC−0.0282%/8h= −30.9% APRnext payment −$1.41 per $10,000 · paid last 24h +0.056%
Price spread now: BloFin against HTX−0.083%59s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs+$8as 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−$280.283% of the position
Funding, last 7 days+0.366%+$37 on $10k
+Price spread, last 3 days (all we have)+0.072%+$7 · spread now −0.083%, 7d avg −0.041%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.042% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.041%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.366%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAU-USDT | 4,382 | 0.0522 | pay 0.0261% / 4h | 3h 47m | $2.9M | $3.8M | 75x |
| Short | BloFin XAU-USDT | 4,378.3 | 0.0240 | get 0.0120% / 4h | 3h 47m | $14.8M | $4.6M | 100x |
HTX XAU-USDT
BloFin XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$59.29
- Price spread: −0.083% → −0.041%
- −$4.19
- Slippage, 4 orders
- −$4.28
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$91.76
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; BloFin: live order book, 6 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, 1 min ago | 0.01 bp | 7.7 bp −$8 | 12.2 bp −$122 | 28.9 bp −$2,886 | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 6.2 bp −$615 | 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 | −0.0108% | 1h | 4,369.1 | −0.295% | $26K | $22K | 20x | as long as short |
| Hotstuff GOLD-PERP | −0.0032% | 1h | 4,373.8 | −0.186% | $33K | — | 25x | as long as short |
| Aster XAUUSD1 | 0.0000% | 4h | 4,376 | −0.135% | $71.2M | $209.1M | 20x | as long as short |
| Binance XAUUSDT | 0.0000% | 4h | 4,376 | −0.136% | $410.2M | $2.15B | 100x | as long as short |
| MEXC XAU_USDT | 0.0000% | 4h | 4,376.2 | −0.132% | $374.4M | $321.4M | 1000x | as long as short |
| Variational Omni XAU | 0.0000% | 4h | 4,374.3 | −0.174% | $48.7M | $27.9M | — | as long as short |
| Kalshi KXGOLDPERP | 0.0000% | 24h | 4,374.5 | −0.170% | $4.0M | $36.6M | 15x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,380.1 | −0.042% | $93K | $10.4M | 20x | as long as short |
| Bitget XAUUSDT | +0.0002% | 4h | 4,376.2 | −0.131% | $69.8M | $114.3M | 100x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,371.7 | −0.234% | $268K | — | 250x | as long as short |
Bluefin GOLD-PERP
Hotstuff GOLD-PERP
Aster XAUUSD1
Binance XAUUSDT
MEXC XAU_USDT
Variational Omni XAU
Kalshi KXGOLDPERP
SunX XAU-USDT
Bitget XAUUSDT
gTrade (Gains Network) XAU/USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX XAUUSDC | +0.0007% | 4h | 4,369.8 | −0.277% | $30.4M | $60.0M | 50x | as long as short |
| Gate XAU_USDT | +0.0026% | 4h | 4,377.1 | −0.112% | $266.3M | $409.3M | 100x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.720% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,376.1 | −0.134% | $3.8M | $4.7M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,376.6 | −0.122% | $5.6M | $1.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,410.9 | +0.660% | — | $1.0M | 25x | as long as short |
| RISEx XAU/USDC | +0.0048% | 1h | 4,377.6 | −0.099% | $3.4M | $12.3M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,372.6 | −0.214% | $294.7M | $52.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,372.7 | −0.212% | $14.7M | $57.3M | 25x | as long as short |
| Phoenix GOLD | +0.0055% | 1h | 4,375.3 | −0.152% | $48K | $64K | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0068% | 8h | 4,377.2 | −0.108% | $19K | $5K | 5x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,375.1 | −0.157% | $20.8M | $43.3M | 25x | as long as short |
| Lighter RH XAU | +0.0080% | 1h | 4,377.5 | −0.101% | $20.3M | $40.9M | 25x | as long as short |
| Aevo XAU-PERP | +0.0080% | 1h | 4,374.9 | −0.162% | $162K | $87 | 10x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0096% | 1h | 4,373.7 | −0.189% | $2.0M | $5.1M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0099% | 1h | 4,375.7 | −0.143% | $4.3M | $1.8M | 20x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,374.2 | −0.177% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,373.2 | −0.199% | $277K | $204K | 50x | as long as short |
| Extended XAU-USD | +0.0112% | 1h | 4,371.7 | −0.233% | $13.3M | $44.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0171% | 8h | 4,378.8 | −0.072% | $161.2M | $281.6M | 100x | as long as short |
| Bybit XAUUSDT | +0.0173% | 4h | 4,376.8 | −0.117% | $83.4M | $144.6M | 150x | as long as short |
| Bullet GOLD-USD | +0.0184% | 1h | 4,376.3 | −0.130% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0225% | 1h | 4,373.6 | −0.191% | $596K | $146K | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0234% | 4h | 4,375.8 | −0.140% | $1.4M | $3.1M | 25x | as long as short |
| BloFin XAU-USDTshort | +0.0240% | 4h | 4,378.3 | −0.083% | $14.8M | $4.6M | 100x | |
| Deribit GOLD_USDC-PERPETUAL | +0.0276% | 1h | 4,374.3 | −0.175% | $236K | $655K | 25x | as long as short |
| Phemex XAUUSDT | +0.0344% | 4h | 4,377 | −0.113% | $2.2M | $1.1M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0390% / S −0.0197% | 1h | 4,376.1 | −0.133% | $253K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.0522% | 4h | 4,382 | long leg | $2.9M | $3.8M | 75x |
edgeX XAUUSDC
Gate XAU_USDT
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Phoenix GOLD
Paradex XAU-USD-PERP
Lighter XAU
Lighter RH XAU
Aevo XAU-PERP
Coinbase International GOLD-PERP-INTX
Polymarket Perps GOLD-USD
Pacifica XAU
ApeX Omni XAUUSDT
Extended XAU-USD
OKX XAU-USDT-SWAP
Bybit XAUUSDT
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
GRVT XAU_USDT_Perp
Deribit GOLD_USDC-PERPETUAL
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]