XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.015%

Price spread now: Lighter RH against Hotstuff+0.129%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · Lighter RH: Points live · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.129% dearer against Hotstuff than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	Hotstuff GOLD-PERP	4,318.9	−0.0008	get 0.0001% / 1h	48m 36s	$32K	—	25x
Short	Lighter RH XAU	4,324.5	0.0096	get 0.0012% / 1h	48m 36s	$19.8M	$38.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Hotstuff. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HotstuffbpFee Lighter RHbpOrdersPrice spread, now +0.129%Rate

Funding earned: $21.84
Price spread: +0.129% → 0.000%: $12.92
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $29.76
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; Lighter RH: live order book, 5 min ago. 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 5 min ago	0.97 bp	1.1 bp −$1	1.3 bp −$13	4.3 bp −$428	doesn't fit

Hotstuff: 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	−0.0073%	1h	4,315.5	−0.079%	$25K	$14K	20x	as long as short
Hotstuff GOLD-PERPlong	−0.0008%	1h	4,318.9	long leg	$32K	—	25x
SunX XAU-USDT	0.0000%	4h	4,326	+0.165%	$92K	$8.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,318.5	−0.010%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0010%	4h	4,323.9	+0.116%	$77.4M	$157.0M	150x	as long as short
Extended XAU-USD	+0.0032%	1h	4,319.1	+0.005%	$13.2M	$36.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.730%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,323.3	+0.102%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,320.8	+0.044%	$5.4M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,354.7	+0.829%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOLD	+0.0050%	1h	4,319.4	+0.012%	$291.4M	$51.7M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,318	−0.021%	$15.0M	$55.8M	25x	as long as short
Lighter XAU	+0.0064%	1h	4,321.9	+0.068%	$20.3M	$30.3M	25x	as long as short
Kalshi KXGOLDPERP	+0.0069%	24h	4,324	+0.118%	$3.8M	$43.1M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.9	+0.023%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0073%	8h	4,322.5	+0.083%	$19K	$5K	5x	as long as short
Aster XAUUSD1	+0.0081%	4h	4,324.6	+0.133%	$72.4M	$311.2M	20x	as long as short
GRVT XAU_USDT_Perp	+0.0082%	4h	4,321.1	+0.051%	$1.4M	$3.0M	25x	as long as short
Gate XAU_USDT	+0.0086%	4h	4,324.8	+0.136%	$278.8M	$409.8M	100x	as long as short
Variational Omni XAU	+0.0093%	4h	4,320.2	+0.031%	$47.3M	$29.3M	—	as long as short
Lighter RH XAUshort	+0.0096%	1h	4,324.5	+0.129%	$19.8M	$38.4M	25x
Phoenix GOLD	+0.0100%	1h	4,320.2	+0.030%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,319.1	+0.005%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,322.7	+0.087%	$362.1M	$326.6M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,319.8	+0.021%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0102%	4h	4,323	+0.094%	$415.2M	$2.14B	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,321.7	+0.064%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0105%	4h	4,319.3	+0.009%	$30.1M	$60.8M	50x	as long as short
Kraken Futures PF_XAUUSD	+0.0154%	1h	4,319.6	+0.016%	$588K	$131K	25x	as long as short
RISEx XAU/USDC	+0.0184%	1h	4,324.5	+0.131%	$4.2M	$12.8M	25x	as long as short
Bullet GOLD-USD	+0.0199%	1h	4,322.2	+0.076%	$59K	$81K	10x	as long as short
HTX XAU-USDT	+0.0217%	4h	4,324.8	+0.137%	$2.8M	$5.0M	75x	as long as short
Polymarket Perps GOLD-USD	+0.0219%	1h	4,322.6	+0.086%	$4.2M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0236%	4h	4,323	+0.094%	$68.0M	$119.2M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0316%	8h	4,323.4	+0.104%	$170.3M	$296.5M	100x	as long as short
BloFin XAU-USDT	+0.0342%	4h	4,322.6	+0.086%	$16.2M	$4.4M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0352%	1h	4,322.1	+0.074%	$193K	$830K	25x	as long as short
Phemex XAUUSDT	+0.0397%	4h	4,324.3	+0.126%	$2.2M	$962K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0463% / S −0.0307%	1h	4,322.2	+0.077%	$252K	—	111x	as long as short