Funding you earn now, next payment 09:00 UTC−0.1084%/8h= −118.7% APRpaid last 24h −0.088%
Price spread now: Coinbase International against HTX−0.268%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days+0.387%+$39 on $10k
+Price spread, last 4 days (all we have)+0.165%+$16 · spread now −0.268%, 7d avg −0.153%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Coinbase International is 0.115% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.153%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.387%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.387% in total (about 20.2% a year). A funding rate is set anew for every payment. 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 | 4,339 | 0.1108 | pay 0.0554% / 4h | 2h 57m | $3.2M | $7.0M | 75x |
| Short | Coinbase International GOLD-PERP-INTX | 4,327.4 | 0.0024 | get 0.0003% / 1h | 57m 32s | $2.0M | $5.2M | 25x |
HTX XAU-USDT
Coinbase International GOLD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$227.63
- Price spread: −0.268% → −0.153%
- −$11.47
- Slippage, 4 orders
- −$7.83
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$268.92
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; Coinbase International: live order book, 1 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 | 7.4 bp −$7 | 10.5 bp −$105 | 23.4 bp −$2,344 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 1.04 bp | 6.1 bp −$6 | 8.0 bp −$80 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XAU-USDT | 0.0000% | 4h | 4,334.7 | −0.099% | $92K | $6.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,330.7 | −0.193% | $275K | — | 250x | as long as short |
| Coinbase International GOLD-PERP-INTXshort | +0.0024% | 1h | 4,327.4 | −0.268% | $2.0M | $5.2M | 25x | |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.263% | $619 | $54 | 52x | as long as short |
| Bluefin GOLD-PERP | +0.0035% | 1h | 4,325.1 | −0.320% | $25K | $1K | 20x | as long as short |
| QFEX GOLD-USD | +0.0038% | 1h | 4,328.4 | −0.245% | $6.6M | $3.0M | 20x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,332.7 | −0.146% | $3.8M | $4.5M | 40x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,362.5 | +0.541% | — | $1.0M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0048% | 1h | 4,326.4 | −0.291% | $32K | — | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,326.2 | −0.296% | $292.2M | $55.4M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Injective XAU/USDC PERP
Bluefin GOLD-PERP
QFEX GOLD-USD
StandX XAU-USD
Vest GC-PERP
Hotstuff GOLD-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 | 4,325.5 | −0.311% | $15.1M | $57.3M | 25x | as long as short |
| RISEx XAU/USDC | +0.0056% | 1h | 4,330.3 | −0.200% | $4.6M | $13.6M | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0058% | 8h | 4,328.9 | −0.233% | $2K | $13K | 5x | as long as short |
| Aster XAUUSD1 | +0.0059% | 4h | 4,330.8 | −0.191% | $74.4M | $272.9M | 20x | as long as short |
| Extended XAU-USD | +0.0080% | 1h | 4,325.5 | −0.312% | $12.7M | $35.8M | 25x | as long as short |
| Lighter RH XAU | +0.0088% | 1h | 4,330.9 | −0.187% | $19.8M | $38.5M | 25x | as long as short |
| Variational Omni XAU | +0.0093% | 4h | 4,332 | −0.163% | $47.2M | $30.1M | — | as long as short |
| Phoenix GOLD | +0.0095% | 1h | 4,333.5 | −0.127% | $43K | $67K | 25x | as long as short |
| Lighter XAU | +0.0096% | 1h | 4,328.8 | −0.235% | $20.2M | $29.3M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,325.7 | −0.307% | $1.4M | $1.3M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,330 | −0.208% | $284K | $232K | 50x | as long as short |
| Gate XAU_USDT | +0.0102% | 4h | 4,331.3 | −0.178% | $299.3M | $428.1M | 100x | as long as short |
| Aevo XAU-PERP | +0.0112% | 1h | 4,330.1 | −0.205% | $160K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0114% | 4h | 4,329.4 | −0.221% | $353.5M | $347.5M | 1000x | as long as short |
| Binance XAUUSDT | +0.0115% | 4h | 4,329.2 | −0.226% | $435.8M | $2.35B | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0120% | 1h | 4,328.9 | −0.233% | $4.3M | $1.7M | 20x | as long as short |
| Kalshi KXGOLDPERP | +0.0120% | 24h | 4,333.4 | −0.130% | $3.5M | $48.5M | 15x | as long as short |
| edgeX XAUUSDC | +0.0127% | 4h | 4,330.2 | −0.204% | $30.3M | $64.9M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0132% | 4h | 4,331.1 | −0.182% | $1.4M | $3.0M | 25x | as long as short |
| Bybit XAUUSDT | +0.0140% | 4h | 4,330.6 | −0.194% | $81.6M | $169.7M | 150x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0166% | 1h | 4,328.8 | −0.236% | $134K | $780K | 25x | as long as short |
| Bullet GOLD-USD | +0.0169% | 1h | 4,331.6 | −0.171% | $58K | $77K | 10x | as long as short |
| Bitget XAUUSDT | +0.0196% | 4h | 4,329.2 | −0.226% | $72.0M | $132.6M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0244% | 8h | 4,330 | −0.208% | $170.8M | $354.5M | 100x | as long as short |
| Phemex XAUUSDT | +0.0304% | 4h | 4,333.9 | −0.119% | $2.2M | $961K | 100x | as long as short |
| BloFin XAU-USDT | +0.0356% | 4h | 4,332.2 | −0.158% | $16.2M | $5.5M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0411% | 1h | 4,328.5 | −0.242% | $583K | $150K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0466% / S −0.0313% | 1h | 4,332.8 | −0.144% | $256K | — | 111x | as long as short |
| HTX XAU-USDTlong | +0.1108% | 4h | 4,339 | long leg | $3.2M | $7.0M | 75x |
Ondo Perps XAU-USD.P
RISEx XAU/USDC
Paradex XAU-USD-PERP
Aster XAUUSD1
Extended XAU-USD
Lighter RH XAU
Variational Omni XAU
Phoenix GOLD
Lighter XAU
Pacifica XAU
ApeX Omni XAUUSDT
Gate XAU_USDT
Aevo XAU-PERP
MEXC XAU_USDT
Binance XAUUSDT
Polymarket Perps GOLD-USD
Kalshi KXGOLDPERP
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Bybit XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Phemex XAUUSDT
BloFin XAU-USDT
Kraken Futures PF_XAUUSD
GMX GOLD/USD [ETH-USDC]