Funding you earn now, next payment 08:00 UTC−0.0368%/8h= −40.3% APRnext payment −$1.84 per $10,000 · paid last 24h −0.089%
Price spread now: SunX against HTX−0.039%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.039%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SunX is 0.083% cheaper against HTX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.044%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.84 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 | 4,329.3 | 0.0368 | pay 0.0184% / 4h | 49m 00s | $3.2M | $5.8M | 75x |
| Short | SunX XAU-USDT | 4,327.6 | 0 | get 0.0000% / 4h | 49m 00s | $92K | $7.4M | 20x |
HTX XAU-USDT
SunX XAU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$77.37
- Price spread: −0.039% → +0.044%
- −$8.25
- Slippage, 4 orders
- −$58.55
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$164.17
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from HTX: live order book, 5 min ago; SunX: live order book, 10 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, 5 min ago | 0.01 bp | 6.5 bp −$6 | 11.3 bp −$113 | 17.2 bp −$1,715 | doesn't fit |
| Sell SunX live order book, 10 min ago | 26.55 bp | 35.5 bp −$36 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0076% | 1h | 4,316.4 | −0.298% | $25K | $1K | 20x | as long as short |
| SunX XAU-USDTshort | 0.0000% | 4h | 4,327.6 | −0.039% | $92K | $7.4M | 20x | |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,319.4 | −0.228% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0027% | 4h | 4,325 | −0.099% | $77.0M | $152.9M | 150x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.489% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,324.1 | −0.119% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0045% | 1h | 4,321.6 | −0.177% | $5.4M | $2.0M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,355.5 | +0.606% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,319.4 | −0.228% | $291.6M | $51.6M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,319 | −0.238% | $15.0M | $55.7M | 25x | as long as short |
Bluefin GOLD-PERP
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERP
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.PShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XAUUSD1 | +0.0061% | 4h | 4,325.5 | −0.087% | $72.7M | $272.7M | 20x | as long as short |
| Hotstuff GOLD-PERP | +0.0064% | 1h | 4,320.3 | −0.207% | $32K | — | 25x | as long as short |
| Paradex XAU-USD-PERP | +0.0070% | 8h | 4,323.2 | −0.139% | $2K | $14K | 5x | as long as short |
| Lighter XAU | +0.0072% | 1h | 4,322.5 | −0.157% | $20.3M | $28.9M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,319.5 | −0.225% | $2.1M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0088% | 24h | 4,325.8 | −0.080% | $3.8M | $44.4M | 15x | as long as short |
| Variational Omni XAU | +0.0092% | 4h | 4,321 | −0.191% | $47.3M | $29.0M | — | as long as short |
| Phoenix GOLD | +0.0096% | 1h | 4,319.3 | −0.230% | $47K | $79K | 25x | as long as short |
| Gate XAU_USDT | +0.0098% | 4h | 4,325 | −0.100% | $279.4M | $410.8M | 100x | as long as short |
| MEXC XAU_USDT | +0.0098% | 4h | 4,323.1 | −0.142% | $364.7M | $325.3M | 1000x | as long as short |
| Binance XAUUSDT | +0.0100% | 4h | 4,323.7 | −0.128% | $425.5M | $2.14B | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,319.9 | −0.217% | $1.4M | $1.2M | 10x | as long as short |
| GRVT XAU_USDT_Perp | +0.0100% | 4h | 4,323.9 | −0.123% | $1.4M | $3.0M | 25x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,318.5 | −0.250% | $272K | $208K | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.5 | −0.157% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0106% | 4h | 4,317.6 | −0.270% | $30.0M | $59.6M | 50x | as long as short |
| Lighter RH XAU | +0.0136% | 1h | 4,324.6 | −0.107% | $20.0M | $38.7M | 25x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0144% | 1h | 4,321.7 | −0.175% | $163K | $865K | 25x | as long as short |
| Extended XAU-USD | +0.0160% | 1h | 4,319.9 | −0.216% | $13.1M | $36.8M | 25x | as long as short |
| Bitget XAUUSDT | +0.0202% | 4h | 4,323.9 | −0.124% | $70.2M | $119.1M | 100x | as long as short |
| Bullet GOLD-USD | +0.0206% | 1h | 4,323.3 | −0.137% | $59K | $80K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0219% | 1h | 4,322.5 | −0.156% | $4.3M | $2.0M | 20x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0228% | 1h | 4,320.1 | −0.211% | $577K | $136K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0288% | 8h | 4,323.7 | −0.128% | $173.4M | $300.6M | 100x | as long as short |
| BloFin XAU-USDT | +0.0340% | 4h | 4,323.1 | −0.143% | $16.4M | $4.6M | 100x | as long as short |
| HTX XAU-USDTlong | +0.0368% | 4h | 4,329.3 | long leg | $3.2M | $5.8M | 75x | |
| Phemex XAUUSDT | +0.0380% | 4h | 4,326.8 | −0.056% | $2.2M | $975K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0462% / S −0.0308% | 1h | 4,323.4 | −0.136% | $253K | — | 111x | as long as short |
| RISEx XAU/USDC | +0.0643% | 1h | 4,323.5 | −0.133% | $4.4M | $13.3M | 25x | as long as short |
Aster XAUUSD1
Hotstuff GOLD-PERP
Paradex XAU-USD-PERP
Lighter XAU
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
Variational Omni XAU
Phoenix GOLD
Gate XAU_USDT
MEXC XAU_USDT
Binance XAUUSDT
Pacifica XAU
GRVT XAU_USDT_Perp
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Lighter RH XAU
Deribit GOLD_USDC-PERPETUAL
Extended XAU-USD
Bitget XAUUSDT
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Kraken Futures PF_XAUUSD
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]
RISEx XAU/USDC