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
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 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAU/USDC PERP | 4,350.4 | 0.0033 | pay 0.0004% / 1h | 48m 45s | $619 | $54 | 52x |
| Short | Lighter RH XAU | 4,350.9 | 0.0112 | get 0.0014% / 1h | 48m 45s | $20.1M | $38.1M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 5 min ago | 0.43 bp | 0.4 bp $0 | 0.9 bp −$9 | 4.1 bp −$410 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin GOLD-PERP | −0.0076% | 1h | 4,344.4 | −0.138% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,354.6 | +0.096% | $93K | $8.5M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,345.6 | −0.110% | $272K | — | 250x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,345.6 | −0.110% | $13.2M | $37.3M | 25x | as long as short |
| Injective XAU/USDC PERPlong | +0.0033% | 1h | 4,350.4 | long leg | $619 | $54 | 52x | |
| StandX XAU-USD | +0.0040% | 1h | 4,351.3 | +0.020% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0044% | 1h | 4,348.9 | −0.035% | $5.5M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,382.9 | +0.747% | — | $1.0M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,346.5 | −0.090% | $293.7M | $49.5M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,346.5 | −0.090% | $15.1M | $56.7M | 25x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXGOLDPERP | +0.0054% | 24h | 4,348.6 | −0.042% | $4.2M | $39.4M | 15x | as long as short |
| RISEx XAU/USDC | +0.0054% | 1h | 4,350.8 | +0.008% | $3.7M | $12.6M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,348.8 | −0.037% | $20.7M | $30.3M | 25x | as long as short |
| Bybit XAUUSDT | +0.0068% | 4h | 4,350.9 | +0.011% | $80.2M | $151.7M | 150x | as long as short |
| Paradex XAU-USD-PERP | +0.0071% | 8h | 4,350 | −0.010% | $19K | $5K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,347.9 | −0.058% | $2.1M | $4.7M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0080% | 1h | 4,346.6 | −0.088% | $33K | — | 25x | as long as short |
| Gate XAU_USDT | +0.0080% | 4h | 4,351.4 | +0.023% | $271.9M | $397.0M | 100x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,346.3 | −0.094% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,346.9 | −0.080% | $277K | $204K | 50x | as long as short |
| Aster XAUUSD1 | +0.0107% | 4h | 4,352 | +0.036% | $71.6M | $331.2M | 20x | as long as short |
| Variational Omni XAU | +0.0108% | 4h | 4,349.5 | −0.022% | $48.5M | $27.6M | — | as long as short |
| Lighter RH XAUshort | +0.0112% | 1h | 4,350.9 | +0.011% | $20.1M | $38.1M | 25x | |
| Aevo XAU-PERP | +0.0112% | 1h | 4,348.8 | −0.038% | $161K | $87 | 10x | as long as short |
| MEXC XAU_USDT | +0.0118% | 4h | 4,349.5 | −0.021% | $370.1M | $317.6M | 1000x | as long as short |
| Binance XAUUSDT | +0.0119% | 4h | 4,349.9 | −0.012% | $419.4M | $2.09B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0124% | 4h | 4,350 | −0.009% | $1.4M | $2.9M | 25x | as long as short |
| Phoenix GOLD | +0.0127% | 1h | 4,347.7 | −0.063% | $47K | $77K | 25x | as long as short |
| edgeX XAUUSDC | +0.0127% | 4h | 4,342.6 | −0.181% | $30.2M | $58.0M | 50x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0141% | 1h | 4,347.9 | −0.058% | $203K | $821K | 25x | as long as short |
| Bullet GOLD-USD | +0.0160% | 1h | 4,349.9 | −0.012% | $59K | $82K | 10x | as long as short |
| Polymarket Perps GOLD-USD | +0.0171% | 1h | 4,349.8 | −0.014% | $4.3M | $2.0M | 20x | as long as short |
| Phemex XAUUSDT | +0.0200% | 4h | 4,352.3 | +0.043% | $2.2M | $967K | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0246% | 1h | 4,346.8 | −0.083% | $591K | $130K | 25x | as long as short |
| Bitget XAUUSDT | +0.0278% | 4h | 4,350.1 | −0.007% | $71.5M | $108.1M | 100x | as long as short |
| HTX XAU-USDT | +0.0289% | 4h | 4,351.8 | +0.031% | $2.8M | $4.6M | 75x | as long as short |
| OKX XAU-USDT-SWAP | +0.0336% | 8h | 4,350.8 | +0.009% | $168.1M | $282.5M | 100x | as long as short |
| BloFin XAU-USDT | +0.0372% | 4h | 4,349.2 | −0.027% | $15.8M | $4.4M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0427% / S −0.0252% | 1h | 4,349.7 | −0.016% | $251K | — | 111x | as long as short |
Injective XAU/USDC PERP
Lighter RH XAU
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Extended XAU-USD
StandX XAU-USD
tradeXYZ xyz:GOLD
Kalshi KXGOLDPERP
RISEx XAU/USDC
Lighter XAU
Bybit XAUUSDT
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
Gate XAU_USDT
Pacifica XAU
ApeX Omni XAUUSDT
Aster XAUUSD1
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
Phoenix GOLD
edgeX XAUUSDC
Deribit GOLD_USDC-PERPETUAL
Bullet GOLD-USD
Polymarket Perps GOLD-USD
Phemex XAUUSDT
Kraken Futures PF_XAUUSD
Bitget XAUUSDT
HTX XAU-USDT
OKX XAU-USDT-SWAP
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]