XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0285%/8h= +31.2% APRnext payment +$0.36 per $10,000 · paid last 24h +0.224%

Price spread now: Bluefin against Lighter RH−0.153%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Bluefin is 0.153% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.153% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 43 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XAU	4,348.8	0.0056	pay 0.0007% / 1h	1m 55s	$20.1M	$39.9M	25x
Short	Bluefin GOLD-PERP	4,342.1	0.0341	get 0.0043% / 1h	1m 55s	$25K	$14K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against Lighter RH. 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 Lighter RHbpFee BluefinbpOrdersPrice spread, now −0.153%Rate

Funding earned: $59.9
Price spread: −0.153% → 0.000%: −$15.27
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: $37.63
Costs to cover: 0.070%
Break-even: 2.6 days

Slippage unknown: Lighter RH: live order book, 2 min ago; Bluefin: 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 RH live order book, 2 min ago	0.17 bp	0.2 bp $0	0.7 bp −$7	16.1 bp −$1,609	doesn't fit
Sell Bluefin no order-book sample	—	—	—	—	—

Bluefin: 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
SunX XAU-USDT	0.0000%	4h	4,352	+0.073%	$92K	$9.1M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,343.5	−0.121%	$266K	—	250x	as long as short
Gate XAU_USDT	+0.0004%	4h	4,349.7	+0.022%	$264.5M	$418.5M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,347.8	−0.023%	$3.4M	$12.3M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,344	−0.110%	$13.4M	$38.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.038%	$619	$54	52x	as long as short
Hotstuff GOLD-PERP	+0.0040%	1h	4,345	−0.087%	$33K	—	25x	as long as short
StandX XAU-USD	+0.0040%	1h	4,345.7	−0.071%	$3.8M	$4.6M	40x	as long as short
Aster XAUUSD1	+0.0041%	4h	4,348.2	−0.013%	$70.9M	$334.1M	20x	as long as short
Kalshi KXGOLDPERP	+0.0041%	24h	4,345.9	−0.066%	$4.1M	$37.1M	15x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,380.6	+0.732%	—	$1.0M	25x	as long as short
QFEX GOLD-USD	+0.0046%	1h	4,347.3	−0.034%	$5.7M	$2.0M	20x	as long as short
Lighter XAU	+0.0048%	1h	4,346.7	−0.047%	$20.6M	$42.7M	25x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,344.9	−0.089%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,345.1	−0.085%	$293.9M	$48.9M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,344.6	−0.097%	$15.1M	$56.8M	25x	as long as short
Lighter RH XAUlong	+0.0056%	1h	4,348.8	long leg	$20.1M	$39.9M	25x
Variational Omni XAU	+0.0057%	4h	4,346	−0.063%	$48.5M	$27.7M	—	as long as short
GRVT XAU_USDT_Perp	+0.0058%	4h	4,346.5	−0.052%	$1.4M	$3.0M	25x	as long as short
MEXC XAU_USDT	+0.0074%	4h	4,348	−0.018%	$371.1M	$320.9M	1000x	as long as short
edgeX XAUUSDC	+0.0075%	4h	4,342.6	−0.143%	$30.2M	$58.6M	50x	as long as short
Binance XAUUSDT	+0.0076%	4h	4,348	−0.018%	$411.1M	$2.10B	100x	as long as short
Paradex XAU-USD-PERP	+0.0079%	8h	4,347.7	−0.026%	$19K	$5K	5x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,347	−0.042%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,344.1	−0.108%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,344.1	−0.108%	$274K	$203K	50x	as long as short
Polymarket Perps GOLD-USD	+0.0118%	1h	4,347.2	−0.036%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,346	−0.064%	$47K	$77K	25x	as long as short
Phemex XAUUSDT	+0.0191%	4h	4,349.6	+0.020%	$2.2M	$1.0M	100x	as long as short
Bullet GOLD-USD	+0.0193%	1h	4,348	−0.018%	$59K	$83K	10x	as long as short
Bybit XAUUSDT	+0.0212%	4h	4,349.3	+0.011%	$84.4M	$145.4M	150x	as long as short
Bitget XAUUSDT	+0.0218%	4h	4,348.6	−0.005%	$70.2M	$109.4M	100x	as long as short
OKX XAU-USDT-SWAP	+0.0263%	8h	4,349.5	+0.017%	$165.4M	$283.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0270%	1h	4,345.3	−0.081%	$593K	$133K	25x	as long as short
BloFin XAU-USDT	+0.0302%	4h	4,347.9	−0.021%	$15.7M	$4.6M	100x	as long as short
Bluefin GOLD-PERPshort	+0.0341%	1h	4,342.1	−0.153%	$25K	$14K	20x
Deribit GOLD_USDC-PERPETUAL	+0.0349%	1h	4,346.4	−0.055%	$268K	$767K	25x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0406% / S −0.0221%	1h	4,347.9	−0.020%	$248K	—	111x	as long as short
HTX XAU-USDT	+0.0595%	4h	4,353.5	+0.109%	$2.9M	$4.3M	75x	as long as short