XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.007%

Price spread now: Vest against Lighter+0.728%7-day average +0.873% · you sell dearer than you buy

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

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.007%−$1 on $10k

Price spread, last 7 days+0.130%+$13 · spread now +0.728%, 7d avg +0.873%

Together, before fees+0.122%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.146% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.873%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XAU	4,324	0.0040	pay 0.0005% / 1h	57m 03s	$20.3M	$28.8M	25x
Short	Vest GC-PERP	4,355.5	0.0046	get 0.0006% / 1h	57m 03s	—	$1.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.728%Rate

Funding earned: $1.19
Price spread: +0.728% → +0.873%: −$14.58
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$15.39
Costs to cover: 0.020%
Break-even: 97.3 days

Slippage unknown: Lighter: live order book, 7 min ago; Vest: 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, 7 min ago	0.47 bp	0.5 bp $0	1.4 bp −$14	6.6 bp −$662	19.6 bp −$9,791
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Bluefin GOLD-PERP	−0.0124%	1h	4,318.3	−0.132%	$25K	$1K	20x	as long as short
SunX XAU-USDT	0.0000%	4h	4,329.5	+0.126%	$92K	$7.5M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,320.2	−0.089%	$270K	—	250x	as long as short
Bybit XAUUSDT	+0.0026%	4h	4,325.5	+0.034%	$76.9M	$153.9M	150x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.610%	$619	$54	52x	as long as short
Lighter XAUlong	+0.0040%	1h	4,324	long leg	$20.3M	$28.8M	25x
StandX XAU-USD	+0.0040%	1h	4,324.7	+0.015%	$3.8M	$4.5M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,322.7	−0.031%	$5.4M	$2.0M	20x	as long as short
Vest GC-PERPshort	+0.0046%	1h	4,355.5	+0.728%	—	$1.0M	25x
tradeXYZ xyz:GOLD	+0.0050%	1h	4,320.5	−0.082%	$291.5M	$51.6M	25x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAU-USD.P	+0.0050%	1h	4,319	−0.117%	$15.0M	$55.7M	25x	as long as short
Hotstuff GOLD-PERP	+0.0056%	1h	4,320.6	−0.080%	$32K	—	25x	as long as short
Aster XAUUSD1	+0.0060%	4h	4,326.5	+0.057%	$72.7M	$273.0M	20x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0072%	1h	4,319.3	−0.110%	$2.1M	$4.9M	25x	as long as short
Paradex XAU-USD-PERP	+0.0073%	8h	4,322.6	−0.034%	$2K	$14K	5x	as long as short
Kalshi KXGOLDPERP	+0.0085%	24h	4,324.6	+0.013%	$3.8M	$44.3M	15x	as long as short
Lighter RH XAU	+0.0088%	1h	4,326.5	+0.057%	$20.0M	$38.5M	25x	as long as short
Variational Omni XAU	+0.0094%	4h	4,321.5	−0.059%	$47.2M	$29.1M	—	as long as short
GRVT XAU_USDT_Perp	+0.0098%	4h	4,321.8	−0.051%	$1.4M	$3.0M	25x	as long as short
Phoenix GOLD	+0.0100%	1h	4,319.5	−0.105%	$47K	$79K	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,319.3	−0.110%	$1.4M	$1.2M	10x	as long as short
MEXC XAU_USDT	+0.0100%	4h	4,324.9	+0.019%	$365.2M	$324.4M	1000x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,318.8	−0.122%	$272K	$208K	50x	as long as short
Binance XAUUSDT	+0.0100%	4h	4,324.8	+0.019%	$424.7M	$2.14B	100x	as long as short
Gate XAU_USDT	+0.0102%	4h	4,326.2	+0.049%	$279.4M	$407.8M	100x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,323.5	−0.013%	$160K	$87	10x	as long as short
edgeX XAUUSDC	+0.0110%	4h	4,319	−0.117%	$30.1M	$59.2M	50x	as long as short
Extended XAU-USD	+0.0136%	1h	4,319.9	−0.097%	$12.9M	$36.1M	25x	as long as short
Bullet GOLD-USD	+0.0166%	1h	4,323.3	−0.017%	$59K	$81K	10x	as long as short
Polymarket Perps GOLD-USD	+0.0192%	1h	4,322.7	−0.031%	$4.3M	$2.0M	20x	as long as short
Bitget XAUUSDT	+0.0206%	4h	4,324.7	+0.014%	$68.0M	$118.3M	100x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0213%	1h	4,324	−0.001%	$163K	$860K	25x	as long as short
Kraken Futures PF_XAUUSD	+0.0228%	1h	4,321.2	−0.066%	$578K	$136K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0293%	8h	4,325.3	+0.029%	$173.3M	$300.8M	100x	as long as short
BloFin XAU-USDT	+0.0340%	4h	4,324.8	+0.018%	$16.4M	$4.6M	100x	as long as short
HTX XAU-USDT	+0.0343%	4h	4,330.3	+0.144%	$3.2M	$5.8M	75x	as long as short
Phemex XAUUSDT	+0.0366%	4h	4,325.9	+0.044%	$2.2M	$975K	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0462% / S −0.0307%	1h	4,323.9	−0.003%	$253K	—	111x	as long as short
RISEx XAU/USDC	+0.0643%	1h	4,325.6	+0.036%	$4.1M	$12.8M	25x	as long as short