Funding you earn now, next payment 07:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Vest against Lighter RH+0.692%46s7-day average +0.839% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.021%−$2 on $10k
+Price spread, last 7 days+0.180%+$18 · spread now +0.692%, 7d avg +0.839%
=Together, before fees+0.159%+ Points / potential airdropLighter RH: Points live · Vest: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.148% cheaper against Lighter RH than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.839%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAU | 4,323.2 | 0.0104 | pay 0.0013% / 1h | 37m 40s | $19.8M | $38.6M | 25x |
| Short | Vest GC-PERP | 4,353.1 | 0.0046 | get 0.0006% / 1h | 37m 40s | — | $1.0M | 25x |
Lighter RH XAU
Vest GC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$12.25
- Price spread: +0.692% → +0.839%
- −$14.76
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$29.01
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 6 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 RH live order book, 6 min ago | 0.69 bp | 1.1 bp −$1 | 1.5 bp −$15 | 13.7 bp −$1,369 | doesn't fit |
| 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 | −0.0085% | 1h | 4,315.6 | −0.177% | $25K | $14K | 20x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,324.4 | +0.027% | $92K | $7.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,316 | −0.166% | $270K | — | 250x | as long as short |
| Bybit XAUUSDT | +0.0005% | 4h | 4,322.1 | −0.025% | $77.3M | $155.6M | 150x | as long as short |
| Hotstuff GOLD-PERP | +0.0024% | 1h | 4,318 | −0.120% | $32K | — | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.630% | $619 | $54 | 52x | as long as short |
| Extended XAU-USD | +0.0040% | 1h | 4,317.1 | −0.140% | $13.1M | $36.7M | 25x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,323 | −0.005% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0042% | 1h | 4,320.5 | −0.062% | $5.4M | $2.1M | 20x | as long as short |
| Vest GC-PERPshort | +0.0046% | 1h | 4,353.1 | +0.692% | — | $1.0M | 25x |
Bluefin GOLD-PERP
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Bybit XAUUSDT
Hotstuff GOLD-PERP
Injective XAU/USDC PERP
Extended XAU-USD
StandX XAU-USD
QFEX GOLD-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,317 | −0.143% | $291.3M | $51.4M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,317.2 | −0.138% | $15.0M | $55.6M | 25x | as long as short |
| Lighter XAU | +0.0056% | 1h | 4,320.3 | −0.067% | $20.3M | $30.4M | 25x | as long as short |
| Aster XAUUSD1 | +0.0071% | 4h | 4,322.4 | −0.018% | $72.4M | $298.7M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0072% | 1h | 4,317.6 | −0.130% | $2.1M | $4.9M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0073% | 24h | 4,321.5 | −0.039% | $3.8M | $43.4M | 15x | as long as short |
| Paradex XAU-USD-PERP | +0.0073% | 8h | 4,320.3 | −0.067% | $2K | $13K | 5x | as long as short |
| GRVT XAU_USDT_Perp | +0.0080% | 4h | 4,322.9 | −0.006% | $1.4M | $3.0M | 25x | as long as short |
| Gate XAU_USDT | +0.0088% | 4h | 4,322.7 | −0.011% | $281.8M | $414.1M | 100x | as long as short |
| Variational Omni XAU | +0.0093% | 4h | 4,322.9 | −0.007% | $47.4M | $29.0M | — | as long as short |
| MEXC XAU_USDT | +0.0096% | 4h | 4,321.3 | −0.045% | $364.4M | $329.4M | 1000x | as long as short |
| Binance XAUUSDT | +0.0097% | 4h | 4,321.1 | −0.048% | $415.8M | $2.13B | 100x | as long as short |
| Phoenix GOLD | +0.0100% | 1h | 4,321 | −0.051% | $47K | $79K | 25x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,317.5 | −0.132% | $1.4M | $1.2M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,319.9 | −0.075% | $272K | $208K | 50x | as long as short |
| Lighter RH XAUlong | +0.0104% | 1h | 4,323.2 | long leg | $19.8M | $38.6M | 25x | |
| Aevo XAU-PERP | +0.0104% | 1h | 4,319.8 | −0.078% | $160K | $87 | 10x | as long as short |
| edgeX XAUUSDC | +0.0119% | 4h | 4,319.5 | −0.085% | $30.0M | $61.0M | 50x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0154% | 1h | 4,317.7 | −0.128% | $584K | $134K | 25x | as long as short |
| Bullet GOLD-USD | +0.0177% | 1h | 4,320.3 | −0.067% | $59K | $82K | 10x | as long as short |
| RISEx XAU/USDC | +0.0184% | 1h | 4,323.6 | +0.008% | $4.2M | $12.8M | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0208% | 1h | 4,321.2 | −0.046% | $4.3M | $1.9M | 20x | as long as short |
| HTX XAU-USDT | +0.0225% | 4h | 4,325 | +0.041% | $2.8M | $4.9M | 75x | as long as short |
| Bitget XAUUSDT | +0.0230% | 4h | 4,321.2 | −0.047% | $67.9M | $118.7M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0260% | 1h | 4,318.8 | −0.102% | $192K | $832K | 25x | as long as short |
| OKX XAU-USDT-SWAP | +0.0311% | 8h | 4,322 | −0.028% | $170.6M | $297.3M | 100x | as long as short |
| BloFin XAU-USDT | +0.0338% | 4h | 4,321.3 | −0.045% | $16.1M | $4.6M | 100x | as long as short |
| Phemex XAUUSDT | +0.0375% | 4h | 4,323.1 | −0.001% | $2.2M | $967K | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0463% / S −0.0307% | 1h | 4,320.7 | −0.057% | $252K | — | 111x | as long as short |
tradeXYZ xyz:GOLD
Ondo Perps XAU-USD.P
Lighter XAU
Aster XAUUSD1
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
Paradex XAU-USD-PERP
GRVT XAU_USDT_Perp
Gate XAU_USDT
Variational Omni XAU
MEXC XAU_USDT
Binance XAUUSDT
Phoenix GOLD
Pacifica XAU
ApeX Omni XAUUSDT
Aevo XAU-PERP
edgeX XAUUSDC
Kraken Futures PF_XAUUSD
Bullet GOLD-USD
RISEx XAU/USDC
Polymarket Perps GOLD-USD
HTX XAU-USDT
Bitget XAUUSDT
Deribit GOLD_USDC-PERPETUAL
OKX XAU-USDT-SWAP
BloFin XAU-USDT
Phemex XAUUSDT
GMX GOLD/USD [ETH-USDC]