Settings8H · net · $10k
Funding arb · Price arb /

XAU

RWAall XAU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter RH against Injective+0.011%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAU/USDC PERP4,350.40.0033pay 0.0004% / 1h48m 45s$619$5452x
ShortLighter RH XAU4,350.90.0112get 0.0014% / 1h48m 45s$20.1M$38.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Injective. 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

Funding earned
$16.52
Price spread: +0.011% → 0.000%
$1.13
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$17.63
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Lighter RH live order book, 5 min ago0.43 bp0.4 bp $00.9 bp −$94.1 bp −$410doesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin GOLD-PERP−0.0076%1h4,344.4−0.138%$25K$14K20xas long as short
SunX XAU-USDT0.0000%4h4,354.6+0.096%$93K$8.5M20xas long as short
gTrade (Gains Network) XAU/USDL +0.0002% / S −0.0003%1h4,345.6−0.110%$272K250xas long as short
Extended XAU-USD+0.0032%1h4,345.6−0.110%$13.2M$37.3M25xas long as short
Injective XAU/USDC PERPlong+0.0033%1h4,350.4long leg$619$5452x
StandX XAU-USD+0.0040%1h4,351.3+0.020%$3.8M$4.5M40xas long as short
QFEX GOLD-USD+0.0044%1h4,348.9−0.035%$5.5M$2.1M20xas long as short
Vest GC-PERP+0.0046%1h4,382.9+0.747%$1.0M25xas long as short
tradeXYZ xyz:GOLD+0.0050%1h4,346.5−0.090%$293.7M$49.5M25xas long as short
Ondo Perps XAU-USD.P+0.0050%1h4,346.5−0.090%$15.1M$56.7M25xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXGOLDPERP+0.0054%24h4,348.6−0.042%$4.2M$39.4M15xas long as short
RISEx XAU/USDC+0.0054%1h4,350.8+0.008%$3.7M$12.6M25xas long as short
Lighter XAU+0.0056%1h4,348.8−0.037%$20.7M$30.3M25xas long as short
Bybit XAUUSDT+0.0068%4h4,350.9+0.011%$80.2M$151.7M150xas long as short
Paradex XAU-USD-PERP+0.0071%8h4,350−0.010%$19K$5K5xas long as short
Coinbase International GOLD-PERP-INTX+0.0072%1h4,347.9−0.058%$2.1M$4.7M25xas long as short
Hotstuff GOLD-PERP+0.0080%1h4,346.6−0.088%$33K25xas long as short
Gate XAU_USDT+0.0080%4h4,351.4+0.023%$271.9M$397.0M100xas long as short
Pacifica XAU+0.0100%1h4,346.3−0.094%$1.4M$1.2M10xas long as short
ApeX Omni XAUUSDT+0.0100%1h4,346.9−0.080%$277K$204K50xas long as short
Aster XAUUSD1+0.0107%4h4,352+0.036%$71.6M$331.2M20xas long as short
Variational Omni XAU+0.0108%4h4,349.5−0.022%$48.5M$27.6Mas long as short
Lighter RH XAUshort+0.0112%1h4,350.9+0.011%$20.1M$38.1M25x
Aevo XAU-PERP+0.0112%1h4,348.8−0.038%$161K$8710xas long as short
MEXC XAU_USDT+0.0118%4h4,349.5−0.021%$370.1M$317.6M1000xas long as short
Binance XAUUSDT+0.0119%4h4,349.9−0.012%$419.4M$2.09B100xas long as short
GRVT XAU_USDT_Perp+0.0124%4h4,350−0.009%$1.4M$2.9M25xas long as short
Phoenix GOLD+0.0127%1h4,347.7−0.063%$47K$77K25xas long as short
edgeX XAUUSDC+0.0127%4h4,342.6−0.181%$30.2M$58.0M50xas long as short
Deribit GOLD_USDC-PERPETUAL+0.0141%1h4,347.9−0.058%$203K$821K25xas long as short
Bullet GOLD-USD+0.0160%1h4,349.9−0.012%$59K$82K10xas long as short
Polymarket Perps GOLD-USD+0.0171%1h4,349.8−0.014%$4.3M$2.0M20xas long as short
Phemex XAUUSDT+0.0200%4h4,352.3+0.043%$2.2M$967K100xas long as short
Kraken Futures PF_XAUUSD+0.0246%1h4,346.8−0.083%$591K$130K25xas long as short
Bitget XAUUSDT+0.0278%4h4,350.1−0.007%$71.5M$108.1M100xas long as short
HTX XAU-USDT+0.0289%4h4,351.8+0.031%$2.8M$4.6M75xas long as short
OKX XAU-USDT-SWAP+0.0336%8h4,350.8+0.009%$168.1M$282.5M100xas long as short
BloFin XAU-USDT+0.0372%4h4,349.2−0.027%$15.8M$4.4M100xas long as short
GMX GOLD/USD [ETH-USDC]L +0.0427% / S −0.0252%1h4,349.7−0.016%$251K111xas long as short