XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.008%

Price spread now: Ondo Perps against Lighter−0.099%7-day average −0.084% · you buy dearer than you sell

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

Long on Lighter Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 7 days+0.009%+$1 · spread now −0.099%, 7d avg −0.084%

Together, before fees−0.068%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XAU	4,374.5	0.0072	pay 0.0009% / 1h	51m 08s	$20.8M	$43.3M	25x
Short	Ondo Perps XAU-USD.P	4,370.1	0.0050	get 0.0006% / 1h	51m 08s	$14.7M	$57.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter. 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 LighterbpFee Ondo PerpsbpOrdersPrice spread, now −0.099%Rate

Funding earned: −$4.54
Price spread: −0.099% → −0.084%: −$1.56
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$11.1
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 8 min ago; Ondo Perps: no order-book sample. 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 Lighter live order book, 8 min ago	0.39 bp	0.7 bp −$1	2.3 bp −$23	8.1 bp −$809	18.3 bp −$9,169
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Hotstuff GOLD-PERP	−0.0032%	1h	4,372.8	−0.038%	$33K	—	25x	as long as short
Bluefin GOLD-PERP	−0.0019%	1h	4,367.9	−0.150%	$26K	$22K	20x	as long as short
Aster XAUUSD1	0.0000%	4h	4,375.4	+0.021%	$72.0M	$211.8M	20x	as long as short
Binance XAUUSDT	0.0000%	4h	4,375.3	+0.018%	$410.1M	$2.15B	100x	as long as short
Gate XAU_USDT	0.0000%	4h	4,376	+0.034%	$266.6M	$408.2M	100x	as long as short
MEXC XAU_USDT	0.0000%	4h	4,375.3	+0.018%	$374.3M	$321.0M	1000x	as long as short
Bitget XAUUSDT	0.0000%	4h	4,375.2	+0.016%	$69.7M	$114.5M	100x	as long as short
Variational Omni XAU	0.0000%	4h	4,374.3	−0.003%	$48.7M	$27.9M	—	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,373.1	−0.031%	$4.0M	$36.6M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,379.3	+0.109%	$93K	$10.4M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,371.2	−0.074%	$268K	—	250x	as long as short
edgeX XAUUSDC	+0.0007%	4h	4,369.8	−0.107%	$30.4M	$60.0M	50x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.550%	$619	$54	52x	as long as short
StandX XAU-USD	+0.0040%	1h	4,376.1	+0.037%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,375.1	+0.014%	$5.6M	$1.9M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,409.6	+0.803%	—	$1.0M	25x	as long as short
RISEx XAU/USDC	+0.0048%	1h	4,375	+0.012%	$3.4M	$12.3M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,371.4	−0.070%	$294.7M	$52.4M	25x	as long as short
Ondo Perps XAU-USD.Pshort	+0.0050%	1h	4,370.1	−0.099%	$14.7M	$57.1M	25x
Phoenix GOLD	+0.0055%	1h	4,373.6	−0.020%	$48K	$64K	25x	as long as short
Paradex XAU-USD-PERP	+0.0067%	8h	4,376.1	+0.038%	$19K	$5K	5x	as long as short
Lighter XAUlong	+0.0072%	1h	4,374.5	long leg	$20.8M	$43.3M	25x
Lighter RH XAU	+0.0072%	1h	4,376.9	+0.054%	$20.2M	$40.8M	25x	as long as short
Aevo XAU-PERP	+0.0080%	1h	4,373.2	−0.030%	$162K	$87	10x	as long as short
Bybit XAUUSDT	+0.0083%	4h	4,375.9	+0.033%	$83.1M	$144.3M	150x	as long as short
Polymarket Perps GOLD-USD	+0.0096%	1h	4,373.5	−0.022%	$4.3M	$1.8M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,371.1	−0.077%	$2.0M	$5.1M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,372.9	−0.036%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,372.7	−0.041%	$277K	$204K	50x	as long as short
Extended XAU-USD	+0.0104%	1h	4,371.1	−0.077%	$13.3M	$44.1M	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0116%	1h	4,373.4	−0.024%	$236K	$655K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0167%	8h	4,376.6	+0.049%	$160.8M	$280.5M	100x	as long as short
Bullet GOLD-USD	+0.0194%	1h	4,375.2	+0.017%	$59K	$82K	10x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,372.3	−0.049%	$596K	$154K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0234%	4h	4,375.8	+0.031%	$1.4M	$3.1M	25x	as long as short
BloFin XAU-USDT	+0.0240%	4h	4,375.2	+0.017%	$14.8M	$4.6M	100x	as long as short
Phemex XAUUSDT	+0.0308%	4h	4,377	+0.059%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0390% / S −0.0197%	1h	4,375.2	+0.017%	$252K	—	111x	as long as short
HTX XAU-USDT	+0.0521%	4h	4,379.2	+0.109%	$2.9M	$3.8M	75x	as long as short