XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.013%

Price spread now: Bullet against Lighter RH−0.021%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 Bullet

What this pair did over the last

the charts below follow

Funding, last 3 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. Bullet is 0.021% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XAU	4,342.1	0.0040	pay 0.0005% / 1h	38m 57s	$20.0M	$39.3M	25x
Short	Bullet GOLD-USD	4,341.2	0.0216	get 0.0027% / 1h	38m 57s	$59K	$82K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 BulletbpOrdersPrice spread, now −0.021%Rate

Funding earned: $36.95
Price spread: −0.021% → 0.000%: −$2.1
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bullet: 4 bp × 2 orders: −$8
Net: $26.85
Costs to cover: 0.080%
Break-even: 1.9 days

Slippage unknown: Lighter RH: live order book, 5 min ago; Bullet: 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, 5 min ago	0.61 bp	0.6 bp −$1	1.8 bp −$18	14.8 bp −$1,481	doesn't fit
Sell Bullet no order-book sample	—	—	—	—	—

Bullet: 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	4,345.4	+0.075%	$92K	$8.7M	20x	as long as short
Bluefin GOLD-PERP	+0.0002%	1h	4,335.3	−0.158%	$25K	$14K	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,336.9	−0.120%	$271K	—	250x	as long as short
RISEx XAU/USDC	+0.0005%	1h	4,340.4	−0.040%	$3.5M	$12.0M	25x	as long as short
Gate XAU_USDT	+0.0020%	4h	4,342.6	+0.012%	$267.7M	$414.4M	100x	as long as short
Hotstuff GOLD-PERP	+0.0024%	1h	4,338.5	−0.083%	$33K	—	25x	as long as short
Extended XAU-USD	+0.0032%	1h	4,336.6	−0.126%	$13.2M	$37.7M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	+0.191%	$619	$54	52x	as long as short
Lighter RH XAUlong	+0.0040%	1h	4,342.1	long leg	$20.0M	$39.3M	25x
StandX XAU-USD	+0.0040%	1h	4,342	−0.003%	$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
QFEX GOLD-USD	+0.0042%	1h	4,338.9	−0.074%	$5.7M	$2.0M	20x	as long as short
Vest GC-PERP	+0.0046%	1h	4,373.5	+0.723%	—	$1.0M	25x	as long as short
Lighter XAU	+0.0048%	1h	4,340.1	−0.047%	$20.8M	$34.5M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,338.5	−0.083%	$293.5M	$49.2M	25x	as long as short
Ondo Perps XAU-USD.P	+0.0050%	1h	4,337.7	−0.101%	$15.1M	$56.9M	25x	as long as short
Kalshi KXGOLDPERP	+0.0051%	24h	4,338.4	−0.085%	$4.3M	$37.4M	15x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0056%	1h	4,337.8	−0.099%	$2.1M	$4.8M	25x	as long as short
Bybit XAUUSDT	+0.0062%	4h	4,341.4	−0.017%	$80.4M	$151.5M	150x	as long as short
Aster XAUUSD1	+0.0078%	4h	4,341.9	−0.006%	$71.4M	$332.3M	20x	as long as short
Paradex XAU-USD-PERP	+0.0084%	8h	4,341	−0.025%	$19K	$5K	5x	as long as short
Variational Omni XAU	+0.0087%	4h	4,340.5	−0.038%	$48.3M	$27.7M	—	as long as short
Pacifica XAU	+0.0100%	1h	4,337.4	−0.108%	$1.4M	$1.1M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,339.3	−0.065%	$274K	$203K	50x	as long as short
MEXC XAU_USDT	+0.0104%	4h	4,340.9	−0.028%	$370.3M	$319.3M	1000x	as long as short
Aevo XAU-PERP	+0.0104%	1h	4,340.5	−0.038%	$161K	$87	10x	as long as short
Binance XAUUSDT	+0.0105%	4h	4,340.8	−0.029%	$416.9M	$2.09B	100x	as long as short
edgeX XAUUSDC	+0.0118%	4h	4,336.3	−0.133%	$30.1M	$58.3M	50x	as long as short
Phoenix GOLD	+0.0136%	1h	4,339.8	−0.053%	$47K	$77K	25x	as long as short
GRVT XAU_USDT_Perp	+0.0174%	4h	4,341	−0.025%	$1.4M	$2.9M	25x	as long as short
Bullet GOLD-USDshort	+0.0216%	1h	4,341.2	−0.021%	$59K	$82K	10x
Polymarket Perps GOLD-USD	+0.0216%	1h	4,341	−0.026%	$4.3M	$1.9M	20x	as long as short
Bitget XAUUSDT	+0.0248%	4h	4,341.2	−0.021%	$71.0M	$109.4M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0259%	1h	4,338.2	−0.089%	$592K	$132K	25x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0280%	1h	4,339.6	−0.058%	$205K	$827K	25x	as long as short
OKX XAU-USDT-SWAP	+0.0319%	8h	4,341.7	−0.009%	$166.5M	$281.7M	100x	as long as short
Phemex XAUUSDT	+0.0349%	4h	4,344.1	+0.045%	$2.2M	$967K	100x	as long as short
BloFin XAU-USDT	+0.0372%	4h	4,341.7	−0.009%	$15.6M	$4.4M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0427% / S −0.0252%	1h	4,341.1	−0.022%	$250K	—	111x	as long as short
HTX XAU-USDT	+0.0609%	4h	4,345.7	+0.083%	$2.8M	$4.6M	75x	as long as short