XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.229%

Price spread now: Lighter RH against Bluefin+0.202%7-day average — · you sell dearer than you buy

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

Long on Bluefin Short on Lighter RH

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.202% dearer against Bluefin than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bluefin GOLD-PERP	4,335.5	0.0002	pay 0.0000% / 1h	37m 05s	$25K	$14K	20x
Short	Lighter RH XAU	4,344.3	0.0040	get 0.0005% / 1h	37m 05s	$20.1M	$39.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bluefin. 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 BluefinbpFee Lighter RHbpOrdersPrice spread, now +0.202%Rate

Funding earned: $8.01
Price spread: +0.202% → 0.000%: $20.23
Slippage, 4 orders: no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $21.23
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Bluefin: no order-book sample; Lighter RH: live order book, 2 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 Bluefin no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 2 min ago	0.46 bp	0.8 bp −$1	1.8 bp −$18	5.5 bp −$554	doesn't fit

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	4,347.7	+0.281%	$92K	$8.7M	20x	as long as short
Bluefin GOLD-PERPlong	+0.0002%	1h	4,335.5	long leg	$25K	$14K	20x
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,339.5	+0.093%	$271K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,341.2	+0.131%	$3.5M	$12.1M	25x	as long as short
Hotstuff GOLD-PERP	+0.0016%	1h	4,338.7	+0.074%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,339.2	+0.086%	$13.3M	$37.4M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.344%	$619	$54	52x	as long as short
Gate XAU_USDT	+0.0038%	4h	4,344.8	+0.214%	$268.0M	$414.5M	100x	as long as short
Lighter RH XAUshort	+0.0040%	1h	4,344.3	+0.202%	$20.1M	$39.3M	25x
StandX XAU-USD	+0.0040%	1h	4,341.9	+0.148%	$3.8M	$4.5M	40x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XAUUSDT	+0.0041%	4h	4,343.9	+0.194%	$80.2M	$152.0M	150x	as long as short
QFEX GOLD-USD	+0.0042%	1h	4,340.3	+0.111%	$5.5M	$2.1M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,375.1	+0.914%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,342.1	+0.152%	$20.8M	$34.5M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,340	+0.104%	$293.6M	$49.2M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,338.7	+0.073%	$15.1M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,339	+0.081%	$4.3M	$37.4M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,339.5	+0.092%	$2.1M	$4.8M	25x	as long as short
Aster XAUUSD1	+0.0081%	4h	4,344.6	+0.211%	$71.5M	$332.3M	20x	as long as short
Paradex XAU-USD-PERP	+0.0085%	8h	4,341.7	+0.143%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0087%	4h	4,340.5	+0.115%	$48.3M	$27.7M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,338.1	+0.060%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,337.5	+0.047%	$274K	$203K	50x	as long as short
MEXC XAU_USDT	+0.0104%	4h	4,343.4	+0.183%	$370.3M	$319.4M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,342	+0.151%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0107%	4h	4,343.5	+0.185%	$417.6M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0112%	4h	4,336.6	+0.027%	$30.2M	$58.3M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,339.5	+0.092%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0178%	4h	4,341.1	+0.130%	$1.4M	$2.9M	25x	as long as short
Bullet GOLD-USD	+0.0214%	1h	4,343.1	+0.176%	$59K	$82K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0216%	1h	4,342.6	+0.164%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0250%	4h	4,343.6	+0.186%	$71.1M	$109.3M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0257%	1h	4,341.7	+0.143%	$205K	$828K	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,340.3	+0.110%	$592K	$132K	25x	as long as short
Phemex XAUUSDT	+0.0294%	4h	4,345.1	+0.221%	$2.2M	$967K	100x	as long as short
OKX XAU-USDT-SWAP	+0.0319%	8h	4,344.5	+0.208%	$166.8M	$282.0M	100x	as long as short
BloFin XAU-USDT	+0.0379%	4h	4,343	+0.172%	$15.7M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,343.7	+0.189%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0618%	4h	4,346.4	+0.251%	$2.8M	$4.6M	75x	as long as short