Funding you earn now, next payment 06:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.044%
Price spread now: Bullet against HTX−0.042%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bullet is 0.042% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | 4,352.4 | 0.0266 | pay 0.0133% / 4h | 2h 45m | $2.8M | $4.6M | 75x |
| Short | Bullet GOLD-USD | 4,350.5 | 0.0158 | get 0.0020% / 1h | 45m 29s | $59K | $82K | 10x |
HTX XAU-USDT
Bullet GOLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- −$22.69
- Price spread: −0.042% → 0.000%
- −$4.24
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$46.93
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 3 min ago; Bullet: no order-book sample. Net counts fees only.
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 | 6.0 bp −$6 | 9.0 bp −$90 | 18.6 bp −$1,859 | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0046% | 1h | 4,344.4 | −0.182% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.9 | +0.058% | $93K | $8.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,346.7 | −0.129% | $272K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0008% | 1h | 4,347.4 | −0.114% | $33K | — | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,346.7 | −0.130% | $13.2M | $37.3M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.045% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,351.3 | −0.024% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0044% | 1h | 4,348.9 | −0.079% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,383.4 | +0.713% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,347.4 | −0.114% | $293.7M | $49.5M | 25x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
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 | 4,346.9 | −0.125% | $15.1M | $56.7M | 25x | as long as short |
| RISEx XAU/USDC | +0.0054% | 1h | 4,351.2 | −0.027% | $3.7M | $12.5M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0054% | 24h | 4,349.3 | −0.070% | $4.2M | $39.4M | 15x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,349.6 | −0.063% | $20.7M | $30.4M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0070% | 8h | 4,350.5 | −0.044% | $19K | $5K | 5x | as long as short |
| Bybit XAUUSDT | +0.0071% | 4h | 4,351.7 | −0.016% | $80.2M | $151.7M | 150x | as long as short |
| Gate XAU_USDT | +0.0072% | 4h | 4,352.1 | −0.006% | $271.7M | $397.6M | 100x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,348.6 | −0.086% | $2.1M | $4.7M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,346.9 | −0.126% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,347 | −0.124% | $277K | $204K | 50x | as long as short |
| Lighter RH XAU | +0.0104% | 1h | 4,352.1 | −0.006% | $20.1M | $38.2M | 25x | as long as short |
| Aster XAUUSD1 | +0.0105% | 4h | 4,352.4 | 0.000% | $71.6M | $331.2M | 20x | as long as short |
| Variational Omni XAU | +0.0107% | 4h | 4,349.4 | −0.068% | $48.5M | $27.6M | — | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,349.5 | −0.066% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,350.6 | −0.042% | $370.1M | $318.0M | 1000x | as long as short |
| Binance XAUUSDT | +0.0118% | 4h | 4,350.6 | −0.041% | $418.8M | $2.09B | 100x | as long as short |
| edgeX XAUUSDC | +0.0119% | 4h | 4,346.1 | −0.143% | $30.2M | $58.2M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0120% | 4h | 4,350.4 | −0.044% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,347.4 | −0.114% | $47K | $77K | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0141% | 1h | 4,348.6 | −0.086% | $203K | $822K | 25x | as long as short |
| Bullet GOLD-USDshort | +0.0158% | 1h | 4,350.5 | −0.042% | $59K | $82K | 10x | |
| Polymarket Perps GOLD-USD | +0.0168% | 1h | 4,350.3 | −0.047% | $4.3M | $2.0M | 20x | as long as short |
| Phemex XAUUSDT | +0.0200% | 4h | 4,352.9 | +0.012% | $2.2M | $967K | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0246% | 1h | 4,347.2 | −0.119% | $591K | $128K | 25x | as long as short |
| HTX XAU-USDTlong | +0.0266% | 4h | 4,352.4 | long leg | $2.8M | $4.6M | 75x | |
| Bitget XAUUSDT | +0.0280% | 4h | 4,351.3 | −0.025% | $71.6M | $107.9M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0336% | 8h | 4,351.9 | −0.011% | $168.3M | $282.2M | 100x | as long as short |
| BloFin XAU-USDT | +0.0371% | 4h | 4,349.2 | −0.072% | $15.8M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0428% / S −0.0252% | 1h | 4,350.1 | −0.051% | $251K | — | 111x | as long as short |
Ondo Perps XAU-USD.P
RISEx XAU/USDC
Kalshi KXGOLDPERP
Lighter XAU
Paradex XAU-USD-PERP
Bybit XAUUSDT
Gate XAU_USDT
Coinbase International GOLD-PERP-INTX
Pacifica XAU
ApeX Omni XAUUSDT
Lighter RH XAU
Aster XAUUSD1
Variational Omni XAU
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Phoenix GOLD
Deribit GOLD_USDC-PERPETUAL
Polymarket Perps GOLD-USD
Phemex XAUUSDT
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]