Funding you earn now, next payment 03:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h +0.007%
Price spread now: Lighter against Ondo Perps+0.079%55s7-day average +0.085% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 7 days+0.154%+$15 · spread now +0.079%, 7d avg +0.085%
=Together, before fees+0.229%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XAU-USD.P | 4,354.4 | 0.0050 | pay 0.0006% / 1h | 24m 48s | $15.1M | $57.3M | 25x |
| Short | Lighter XAU | 4,357.8 | 0.0056 | get 0.0007% / 1h | 24m 48s | $20.7M | $42.3M | 25x |
Ondo Perps XAU-USD.P
Lighter XAUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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
- $1.18
- Price spread: +0.079% → +0.085%
- −$0.52
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.35
- Costs to cover
- 0.050%
- Break-even
- 32.9 days
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 4 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 0.10 bp | 0.4 bp $0 | 1.6 bp −$16 | 8.9 bp −$895 | 22.1 bp −$11.1K |
Ondo Perps: 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 | 4,362.7 | +0.191% | $93K | $9.2M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,354.4 | +0.002% | $267K | — | 250x | as long as short |
| Gate XAU_USDT | +0.0008% | 4h | 4,359.7 | +0.123% | $264.7M | $412.9M | 100x | as long as short |
| RISEx XAU/USDC | +0.0010% | 1h | 4,357.7 | +0.077% | $3.4M | $12.4M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,354.7 | +0.007% | $13.6M | $38.9M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | −0.090% | $619 | $54 | 52x | as long as short |
| Kalshi KXGOLDPERP | +0.0039% | 24h | 4,355.7 | +0.031% | $4.1M | $37.0M | 15x | as long as short |
| StandX XAU-USD | +0.0040% | 1h | 4,356.7 | +0.054% | $3.8M | $4.6M | 40x | as long as short |
| Aster XAUUSD1 | +0.0043% | 4h | 4,359.2 | +0.111% | $70.5M | $333.9M | 20x | as long as short |
| Vest GC-PERP | +0.0046% | 1h | 4,391.4 | +0.851% | — | $1.0M | 25x | as long as short |
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Gate XAU_USDT
RISEx XAU/USDC
Extended XAU-USD
Injective XAU/USDC PERP
Kalshi KXGOLDPERP
StandX XAU-USD
Aster XAUUSD1
Vest GC-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOLD-USD | +0.0046% | 1h | 4,355.8 | +0.033% | $5.6M | $1.9M | 20x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,354.9 | +0.012% | $2.0M | $4.9M | 25x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,355.2 | +0.019% | $294.2M | $48.7M | 25x | as long as short |
| Ondo Perps XAU-USD.Plong | +0.0050% | 1h | 4,354.4 | long leg | $15.1M | $57.3M | 25x | |
| GRVT XAU_USDT_Perp | +0.0054% | 4h | 4,357.1 | +0.063% | $1.4M | $3.0M | 25x | as long as short |
| Lighter XAUshort | +0.0056% | 1h | 4,357.8 | +0.079% | $20.7M | $42.3M | 25x | |
| Variational Omni XAU | +0.0057% | 4h | 4,355.6 | +0.029% | $48.3M | $27.9M | — | as long as short |
| Lighter RH XAU | +0.0064% | 1h | 4,360.1 | +0.131% | $20.2M | $39.7M | 25x | as long as short |
| Binance XAUUSDT | +0.0074% | 4h | 4,358.7 | +0.100% | $412.1M | $2.10B | 100x | as long as short |
| MEXC XAU_USDT | +0.0074% | 4h | 4,358.4 | +0.092% | $372.5M | $318.8M | 1000x | as long as short |
| Paradex XAU-USD-PERP | +0.0081% | 8h | 4,357.8 | +0.078% | $19K | $5K | 5x | as long as short |
| edgeX XAUUSDC | +0.0093% | 4h | 4,349.4 | −0.114% | $30.3M | $58.3M | 50x | as long as short |
| Aevo XAU-PERP | +0.0096% | 1h | 4,356.7 | +0.054% | $161K | $87 | 10x | as long as short |
| Pacifica XAU | +0.0100% | 1h | 4,355.1 | +0.018% | $1.4M | $1.1M | 10x | as long as short |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,353.9 | −0.010% | $275K | $203K | 50x | as long as short |
| Phemex XAUUSDT | +0.0122% | 4h | 4,359.2 | +0.110% | $2.2M | $1.1M | 100x | as long as short |
| Polymarket Perps GOLD-USD | +0.0126% | 1h | 4,357.8 | +0.079% | $4.3M | $1.9M | 20x | as long as short |
| Phoenix GOLD | +0.0136% | 1h | 4,350.3 | −0.093% | $47K | $77K | 25x | as long as short |
| Bybit XAUUSDT | +0.0199% | 4h | 4,360.2 | +0.134% | $84.5M | $145.8M | 150x | as long as short |
| Bullet GOLD-USD | +0.0202% | 1h | 4,358.2 | +0.088% | $60K | $83K | 10x | as long as short |
| Hotstuff GOLD-PERP | +0.0208% | 1h | 4,352.9 | −0.034% | $33K | — | 25x | as long as short |
| Bitget XAUUSDT | +0.0212% | 4h | 4,359.2 | +0.112% | $70.3M | $109.4M | 100x | as long as short |
| OKX XAU-USDT-SWAP | +0.0253% | 8h | 4,359.9 | +0.127% | $165.2M | $282.7M | 100x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0269% | 1h | 4,355.2 | +0.019% | $594K | $133K | 25x | as long as short |
| BloFin XAU-USDT | +0.0296% | 4h | 4,356.2 | +0.042% | $15.5M | $4.6M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0301% | 1h | 4,357.6 | +0.074% | $278K | $727K | 25x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0401% / S −0.0213% | 1h | 4,358.4 | +0.092% | $249K | — | 111x | as long as short |
| Bluefin GOLD-PERP | +0.0519% | 1h | 4,350.2 | −0.095% | $25K | $14K | 20x | as long as short |
| HTX XAU-USDT | +0.0567% | 4h | 4,363.2 | +0.203% | $2.9M | $4.2M | 75x | as long as short |
QFEX GOLD-USD
Coinbase International GOLD-PERP-INTX
tradeXYZ xyz:GOLD
GRVT XAU_USDT_Perp
Variational Omni XAU
Lighter RH XAU
Binance XAUUSDT
MEXC XAU_USDT
Paradex XAU-USD-PERP
edgeX XAUUSDC
Aevo XAU-PERP
Pacifica XAU
ApeX Omni XAUUSDT
Phemex XAUUSDT
Polymarket Perps GOLD-USD
Phoenix GOLD
Bybit XAUUSDT
Bullet GOLD-USD
Hotstuff GOLD-PERP
Bitget XAUUSDT
OKX XAU-USDT-SWAP
Kraken Futures PF_XAUUSD
BloFin XAU-USDT
Deribit GOLD_USDC-PERPETUAL
GMX GOLD/USD [ETH-USDC]
Bluefin GOLD-PERP
HTX XAU-USDT