XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: Lighter against StandX−0.008%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$150.153% of the position

Long on StandX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days−0.023%−$2 · spread now −0.008%, 7d avg −0.064%

Together, before fees+0.035%+ Points / potential airdropStandX: Active · Lighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Lighter is 0.056% dearer against StandX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAU-USD	4,353.5	0.0040	pay 0.0005% / 1h	30m 51s	$3.8M	$4.6M	40x
Short	Lighter XAU	4,353.1	0.0056	get 0.0007% / 1h	30m 51s	$20.6M	$42.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against StandX. 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 StandXbpFee LighterbpOrdersPrice spread, now −0.008%Rate

Funding earned: $3.36
Price spread: −0.008% → −0.064%: $5.55
Slippage, 4 orders: −$7.26
Fee StandX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$6.35
Costs to cover: 0.153%
Break-even: 20.2 days

Slippage from StandX: live order book, 3 min ago; Lighter: live order book, 8 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 StandX live order book, 3 min ago	2.07 bp	6.3 bp −$6	6.8 bp −$68	10.3 bp −$1,029	12.2 bp −$6,113
Sell Lighter live order book, 8 min ago	0.49 bp	0.6 bp −$1	1.6 bp −$16	8.4 bp −$843	20.6 bp −$10.3K

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	4,358.3	+0.110%	$93K	$9.3M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,349.7	−0.087%	$267K	—	250x	as long as short
Gate XAU_USDT	+0.0006%	4h	4,356.4	+0.068%	$265.8M	$411.1M	100x	as long as short
RISEx XAU/USDC	+0.0010%	1h	4,353.9	+0.008%	$3.4M	$12.4M	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,350.9	−0.061%	$13.6M	$39.2M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.071%	$619	$54	52x	as long as short
Kalshi KXGOLDPERP	+0.0038%	24h	4,351.6	−0.044%	$4.1M	$36.9M	15x	as long as short
StandX XAU-USDlong	+0.0040%	1h	4,353.5	long leg	$3.8M	$4.6M	40x
Aster XAUUSD1	+0.0041%	4h	4,355.3	+0.041%	$70.4M	$333.6M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,386.9	+0.767%	—	$1.0M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOLD-USD	+0.0046%	1h	4,351.6	−0.044%	$5.6M	$1.9M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0048%	1h	4,350.6	−0.067%	$2.0M	$4.9M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,350.9	−0.060%	$293.9M	$48.7M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0050%	4h	4,352.3	−0.028%	$1.4M	$3.0M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,350.2	−0.075%	$15.1M	$57.5M	25x	as long as short
Lighter XAUshort	+0.0056%	1h	4,353.1	−0.008%	$20.6M	$42.2M	25x
Variational Omni XAU	+0.0057%	4h	4,353	−0.013%	$48.3M	$27.8M	—	as long as short
Lighter RH XAU	+0.0072%	1h	4,355.1	+0.037%	$20.1M	$39.7M	25x	as long as short
MEXC XAU_USDT	+0.0072%	4h	4,354.8	+0.030%	$372.8M	$318.1M	1000x	as long as short
Binance XAUUSDT	+0.0074%	4h	4,355.2	+0.039%	$412.9M	$2.10B	100x	as long as short
Paradex XAU-USD-PERP	+0.0083%	8h	4,353.8	+0.007%	$19K	$5K	5x	as long as short
edgeX XAUUSDC	+0.0092%	4h	4,347.3	−0.142%	$30.3M	$58.9M	50x	as long as short
Aevo XAU-PERP	+0.0096%	1h	4,353	−0.012%	$161K	$87	10x	as long as short
Pacifica XAU	+0.0100%	1h	4,350.3	−0.074%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,348.5	−0.115%	$275K	$203K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,346.2	−0.167%	$25K	$14K	20x	as long as short
Polymarket Perps GOLD-USD	+0.0131%	1h	4,353.1	−0.009%	$4.3M	$1.9M	20x	as long as short
Phoenix GOLD	+0.0136%	1h	4,350.1	−0.078%	$47K	$77K	25x	as long as short
Hotstuff GOLD-PERP	+0.0144%	1h	4,350.2	−0.076%	$33K	—	25x	as long as short
Phemex XAUUSDT	+0.0147%	4h	4,354.3	+0.018%	$2.2M	$1.1M	100x	as long as short
Bybit XAUUSDT	+0.0196%	4h	4,356.8	+0.075%	$84.5M	$145.1M	150x	as long as short
Bitget XAUUSDT	+0.0212%	4h	4,355.8	+0.052%	$70.2M	$109.5M	100x	as long as short
Bullet GOLD-USD	+0.0217%	1h	4,353.9	+0.009%	$59K	$83K	10x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0233%	1h	4,352.9	−0.014%	$258K	$706K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0253%	8h	4,356.3	+0.064%	$165.0M	$281.9M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0269%	1h	4,351.3	−0.051%	$594K	$133K	25x	as long as short
BloFin XAU-USDT	+0.0295%	4h	4,354.1	+0.013%	$15.5M	$4.6M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0403% / S −0.0214%	1h	4,353.8	+0.008%	$251K	—	111x	as long as short
HTX XAU-USDT	+0.0562%	4h	4,359.2	+0.132%	$2.9M	$4.2M	75x	as long as short