Funding you earn now, next payment 12:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h +0.006%
Price spread now: Lighter against Gate−0.079%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.079%, 7d avg −0.077%
=Together, before fees+0.134%+ Points / potential airdropLighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XAU_USDT | 4,319.5 | 0.0080 | pay 0.0040% / 4h | 48m 01s | $303.3M | $435.5M | 100x |
| Short | Lighter XAU | 4,316 | 0.0064 | get 0.0008% / 1h | 48m 01s | $20.0M | $30.4M | 25x |
Gate XAU_USDT
Lighter XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- −$3.36
- Price spread: −0.079% → −0.077%
- −$0.24
- Slippage, 4 orders
- −$2.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$21.01
- Costs to cover
- 0.174%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Lighter: live order book, 4 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 Gate live order book, 4 min ago | 0.01 bp | 7.5 bp −$8 | 8.2 bp −$82 | 12.1 bp −$1,206 | 14.3 bp −$7,169 |
| Sell Lighter live order book, 4 min ago | 0.68 bp | 0.8 bp −$1 | 1.8 bp −$18 | 9.2 bp −$922 | 21.4 bp −$10.7K |
XAU on 39 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOLD-PERP-INTX | −0.0032% | 1h | 4,313.9 | −0.129% | $2.1M | $5.1M | 25x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,321.2 | +0.040% | $92K | $5.6M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0002% | 1h | 4,312.6 | −0.160% | $307K | — | 250x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,319.6 | +0.003% | $35K | $3K | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.717% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,322.1 | +0.061% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,315.6 | −0.089% | $6.6M | $3.3M | 20x | as long as short |
| Aster XAUUSD1 | +0.0044% | 4h | 4,318.9 | −0.013% | $71.3M | $277.3M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,349.1 | +0.686% | — | $1.0M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,312.7 | −0.157% | $15.2M | $59.1M | 25x | as long as short |
Coinbase International GOLD-PERP-INTX
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Hotstuff GOLD-PERP
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Aster XAUUSD1
Vest GC-PERP
Ondo Perps XAU-USD.PShow all 39 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XAU-USD-PERP | +0.0057% | 8h | 4,316.7 | −0.063% | $2K | $13K | 5x | as long as short |
| RISEx XAU/USDC | +0.0062% | 1h | 4,316 | −0.080% | $4.7M | $13.4M | 25x | as long as short |
| Lighter XAUshort | +0.0064% | 1h | 4,316 | −0.079% | $20.0M | $30.4M | 25x | |
| tradeXYZ xyz:GOLD | +0.0069% | 1h | 4,314.3 | −0.119% | $291.5M | $46.0M | 25x | as long as short |
| Variational Omni XAU | +0.0070% | 4h | 4,319.1 | −0.008% | $47.0M | $28.1M | — | as long as short |
| Gate XAU_USDTlong | +0.0080% | 4h | 4,319.5 | long leg | $303.3M | $435.5M | 100x | |
| Binance XAUUSDT | +0.0084% | 4h | 4,317.6 | −0.043% | $441.8M | $2.45B | 100x | as long as short |
| MEXC XAU_USDT | +0.0084% | 4h | 4,317.7 | −0.040% | $350.1M | $353.1M | 1000x | as long as short |
| edgeX XAUUSDC | +0.0084% | 4h | 4,319.5 | +0.001% | $30.2M | $66.6M | 50x | as long as short |
| GRVT XAU_USDT_Perp | +0.0098% | 4h | 4,320 | +0.014% | $1.4M | $3.1M | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,315.1 | −0.101% | $1.4M | $1.5M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,317.3 | −0.050% | $286K | $227K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,311.1 | −0.193% | $25K | $1K | 20x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,314.4 | −0.117% | $160K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0124% | 1h | 4,315.8 | −0.085% | $43K | $71K | 25x | as long as short |
| Lighter RH XAU | +0.0136% | 1h | 4,318 | −0.034% | $19.5M | $39.4M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0146% | 24h | 4,317.6 | −0.043% | $3.5M | $52.0M | 15x | as long as short |
| Bybit XAUUSDT | +0.0162% | 4h | 4,318.9 | −0.012% | $82.8M | $168.0M | 150x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0198% | 1h | 4,313.9 | −0.129% | $581K | $166K | 25x | as long as short |
| Bitget XAUUSDT | +0.0202% | 4h | 4,318 | −0.034% | $73.1M | $141.8M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0214% | 1h | 4,315.5 | −0.092% | $135K | $660K | 25x | as long as short |
| Bullet GOLD-USD | +0.0222% | 1h | 4,316.2 | −0.075% | $59K | $77K | 10x | as long as short |
| Phemex XAUUSDT | +0.0223% | 4h | 4,320.1 | +0.015% | $2.2M | $733K | 100x | as long as short |
| Extended XAU-USD | +0.0224% | 1h | 4,313.3 | −0.143% | $12.5M | $34.1M | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0225% | 8h | 4,318.8 | −0.015% | $171.0M | $364.7M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0227% | 1h | 4,316.2 | −0.075% | $4.3M | $1.7M | 20x | as long as short |
| BloFin XAU-USDT | +0.0326% | 4h | 4,316.3 | −0.073% | $16.4M | $5.2M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0424% / S −0.0257% | 1h | 4,316.7 | −0.065% | $251K | — | 111x | as long as short |
| HTX XAU-USDT | +0.1024% | 4h | 4,322.9 | +0.079% | $3.2M | $7.1M | 75x | as long as short |
Paradex XAU-USD-PERP
RISEx XAU/USDC
tradeXYZ xyz:GOLD
Variational Omni XAU
Binance XAUUSDT
MEXC XAU_USDT
edgeX XAUUSDC
GRVT XAU_USDT_Perp
Pacifica XAU
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
Aevo XAU-PERP
Phoenix GOLD
Lighter RH XAU
Kalshi KXGOLDPERP
Bybit XAUUSDT
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Phemex XAUUSDT
Extended XAU-USD
OKX XAU-USDT-SWAP
Polymarket Perps GOLD-USD
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT