Funding you earn now, next payment 07:00 UTC−0.0101%/8h= −11.0% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Lighter RH−0.133%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2692.692% of the position
Funding, last 3 days (all we have)−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.133%, 7d avg −0.131%
=Together, before fees+0.017%+ Points / potential airdropLighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.131%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAU | 4,325.1 | 0.0104 | pay 0.0013% / 1h | 52m 56s | $19.8M | $38.3M | 25x |
| Short | gTrade (Gains Network) XAU/USD | 4,319.3 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 52m 56s | $270K | — | 250x |
Lighter RH XAU
gTrade (Gains Network) XAU/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.19
- Price spread: −0.133% → −0.131%
- −$0.19
- Slippage, 4 orders
- −$262.23
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 3.5 bp × 2 orders
- −$7
- Net
- −$290.61
- Costs to cover
- 2.692%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; gTrade (Gains Network): virtual book (oracle venue), 21 min ago.
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, 6 min ago | 1.11 bp | 1.1 bp −$1 | 1.7 bp −$17 | 15.3 bp −$1,528 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 21 min ago | 130.01 bp | 133.5 bp −$134 | 243.0 bp −$2,430 | 1975.4 bp −$197.5K | doesn't fit |
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 | −0.0032% | 1h | 4,316.5 | −0.198% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,327.4 | +0.055% | $92K | $8.0M | 20x | as long as short |
| gTrade (Gains Network) XAU/USDshort | L +0.0002% / S −0.0003% | 1h | 4,319.3 | −0.133% | $270K | — | 250x | |
| Bybit XAUUSDT | +0.0009% | 4h | 4,324.5 | −0.013% | $77.9M | $157.0M | 150x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,319.5 | −0.129% | $13.1M | $36.7M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0032% | 1h | 4,320 | −0.117% | $32K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.586% | $619 | $54 | 52x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,322.8 | −0.052% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,322.5 | −0.059% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,355.3 | +0.699% | — | $1.0M | 25x | as long as short |
Bluefin GOLD-PERP
SunX XAU-USDT
Bybit XAUUSDT
Extended XAU-USD
Hotstuff GOLD-PERP
Injective XAU/USDC PERP
StandX XAU-USD
QFEX GOLD-USD
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,320.3 | −0.110% | $291.4M | $51.6M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,318.2 | −0.159% | $15.0M | $56.0M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,322.6 | −0.057% | $20.3M | $30.1M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0068% | 24h | 4,323.7 | −0.031% | $3.9M | $42.9M | 15x | as long as short |
| Paradex XAU-USD-PERP | +0.0071% | 8h | 4,322.7 | −0.055% | $19K | $5K | 5x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,319.8 | −0.122% | $2.1M | $4.9M | 25x | as long as short |
| GRVT XAU_USDT_Perp | +0.0076% | 4h | 4,323.4 | −0.038% | $1.4M | $3.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0078% | 4h | 4,325.5 | +0.011% | $275.4M | $405.9M | 100x | as long as short |
| Aster XAUUSD1 | +0.0080% | 4h | 4,324.8 | −0.005% | $72.3M | $316.2M | 20x | as long as short |
| Variational Omni XAU | +0.0089% | 4h | 4,326.3 | +0.029% | $47.1M | $29.2M | — | as long as short |
| MEXC XAU_USDT | +0.0096% | 4h | 4,323.5 | −0.035% | $363.5M | $324.5M | 1000x | as long as short |
| Binance XAUUSDT | +0.0099% | 4h | 4,323.5 | −0.035% | $413.5M | $2.13B | 100x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,324.8 | −0.006% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,319 | −0.140% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,322.3 | −0.063% | $272K | $208K | 50x | as long as short |
| Lighter RH XAUlong | +0.0104% | 1h | 4,325.1 | long leg | $19.8M | $38.3M | 25x | |
| Aevo XAU-PERP | +0.0104% | 1h | 4,322.6 | −0.057% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0105% | 4h | 4,321.6 | −0.080% | $30.1M | $60.6M | 50x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0153% | 1h | 4,320.3 | −0.109% | $588K | $130K | 25x | as long as short |
| RISEx XAU/USDC | +0.0184% | 1h | 4,324.2 | −0.019% | $4.2M | $12.8M | 25x | as long as short |
| Bullet GOLD-USD | +0.0199% | 1h | 4,323.5 | −0.036% | $58K | $81K | 10x | as long as short |
| HTX XAU-USDT | +0.0210% | 4h | 4,326.1 | +0.025% | $2.8M | $4.9M | 75x | as long as short |
| Polymarket Perps GOLD-USD | +0.0212% | 1h | 4,323.2 | −0.043% | $4.2M | $1.9M | 20x | as long as short |
| Bitget XAUUSDT | +0.0236% | 4h | 4,323.9 | −0.027% | $68.0M | $119.2M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0259% | 1h | 4,322.9 | −0.050% | $193K | $830K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0317% | 8h | 4,323.9 | −0.027% | $170.1M | $296.8M | 100x | as long as short |
| BloFin XAU-USDT | +0.0339% | 4h | 4,323.3 | −0.042% | $16.1M | $4.4M | 100x | as long as short |
| Phemex XAUUSDT | +0.0407% | 4h | 4,327 | +0.045% | $2.2M | $961K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0463% / S −0.0307% | 1h | 4,323.5 | −0.036% | $252K | — | 111x | as long as short |
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Lighter XAU
Kalshi KXGOLDPERP
Paradex XAU-USD-PERP
Coinbase International GOLD-PERP-INTX
GRVT XAU_USDT_Perp
Gate XAU_USDT
Aster XAUUSD1
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Kraken Futures PF_XAUUSD
RISEx XAU/USDC
Bullet GOLD-USD
HTX XAU-USDT
Polymarket Perps GOLD-USD
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]