XAU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.021%

Price spread now: Lighter RH against Ondo Perps+0.127%7-day average +0.117% · you sell dearer than you buy

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

Long on Ondo Perps Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days+0.050%+$5 · spread now +0.127%, 7d avg +0.117%

Together, before fees+0.068%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.117%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAU-USD.P	4,358.8	0.0050	pay 0.0006% / 1h	59m 44s	$14.8M	$57.3M	25x
Short	Lighter RH XAU	4,364.4	0.0096	get 0.0012% / 1h	59m 44s	$20.2M	$40.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 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 Ondo PerpsbpFee Lighter RHbpOrdersPrice spread, now +0.127%Rate

Funding earned: $9.58
Price spread: +0.127% → +0.117%: $1.06
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $5.64
Costs to cover: 0.050%
Break-even: 2.9 days

Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: 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 RH live order book, 4 min ago	0.65 bp	0.8 bp −$1	0.8 bp −$8	3.4 bp −$339	doesn't fit

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
Aster XAUUSD1	0.0000%	4h	4,363.7	+0.112%	$69.9M	$239.6M	20x	as long as short
Gate XAU_USDT	0.0000%	4h	4,363.2	+0.100%	$265.2M	$400.0M	100x	as long as short
Kalshi KXGOLDPERP	0.0000%	24h	4,359.7	+0.020%	$4.0M	$36.7M	15x	as long as short
SunX XAU-USDT	0.0000%	4h	4,367.3	+0.194%	$93K	$10.0M	20x	as long as short
gTrade (Gains Network) XAU/USD	L +0.0002% / S −0.0003%	1h	4,358.4	−0.011%	$269K	—	250x	as long as short
Extended XAU-USD	+0.0032%	1h	4,359.1	+0.007%	$13.5M	$43.5M	25x	as long as short
Injective XAU/USDC PERP	+0.0033%	1h	4,350.4	−0.193%	$619	$54	52x	as long as short
Variational Omni XAU	+0.0040%	4h	4,362	+0.073%	$48.4M	$28.5M	—	as long as short
StandX XAU-USD	+0.0040%	1h	4,363.9	+0.117%	$3.8M	$4.7M	40x	as long as short
QFEX GOLD-USD	+0.0045%	1h	4,362.9	+0.094%	$5.6M	$1.9M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GC-PERP	+0.0046%	1h	4,395.9	+0.851%	—	$1.0M	25x	as long as short
tradeXYZ xyz:GOLD	+0.0050%	1h	4,360.1	+0.029%	$294.3M	$51.8M	25x	as long as short
Ondo Perps XAU-USD.Plong	+0.0050%	1h	4,358.8	long leg	$14.8M	$57.3M	25x
Phoenix GOLD	+0.0055%	1h	4,359.6	+0.018%	$48K	$64K	25x	as long as short
MEXC XAU_USDT	+0.0058%	4h	4,363.5	+0.108%	$372.8M	$318.2M	1000x	as long as short
Binance XAUUSDT	+0.0060%	4h	4,363.7	+0.111%	$411.7M	$2.14B	100x	as long as short
edgeX XAUUSDC	+0.0063%	4h	4,356.5	−0.052%	$30.3M	$60.4M	50x	as long as short
Lighter XAU	+0.0072%	1h	4,361.8	+0.069%	$20.6M	$43.2M	25x	as long as short
Paradex XAU-USD-PERP	+0.0088%	8h	4,363.3	+0.104%	$19K	$5K	5x	as long as short
Lighter RH XAUshort	+0.0096%	1h	4,364.4	+0.127%	$20.2M	$40.5M	25x
Aevo XAU-PERP	+0.0096%	1h	4,361.7	+0.067%	$162K	$87	10x	as long as short
Coinbase International GOLD-PERP-INTX	+0.0096%	1h	4,358.5	−0.007%	$2.0M	$5.0M	25x	as long as short
Pacifica XAU	+0.0100%	1h	4,360.1	+0.030%	$1.4M	$1.2M	10x	as long as short
ApeX Omni XAUUSDT	+0.0100%	1h	4,359.2	+0.008%	$275K	$204K	50x	as long as short
Bluefin GOLD-PERP	+0.0100%	1h	4,355.2	−0.084%	$26K	$22K	20x	as long as short
Bitget XAUUSDT	+0.0112%	4h	4,362.6	+0.087%	$69.6M	$111.3M	100x	as long as short
Polymarket Perps GOLD-USD	+0.0116%	1h	4,361.5	+0.061%	$4.3M	$1.8M	20x	as long as short
Hotstuff GOLD-PERP	+0.0128%	1h	4,358.3	−0.012%	$33K	—	25x	as long as short
RISEx XAU/USDC	+0.0135%	1h	4,362.9	+0.093%	$3.4M	$12.4M	25x	as long as short
GRVT XAU_USDT_Perp	+0.0142%	4h	4,362.6	+0.087%	$1.4M	$3.1M	25x	as long as short
Bybit XAUUSDT	+0.0195%	4h	4,363.6	+0.110%	$83.7M	$144.9M	150x	as long as short
Deribit GOLD_USDC-PERPETUAL	+0.0209%	1h	4,360.6	+0.041%	$235K	$658K	25x	as long as short
Bullet GOLD-USD	+0.0214%	1h	4,362.9	+0.094%	$59K	$82K	10x	as long as short
OKX XAU-USDT-SWAP	+0.0216%	8h	4,363.4	+0.105%	$164.3M	$286.6M	100x	as long as short
BloFin XAU-USDT	+0.0225%	4h	4,362.7	+0.090%	$15.4M	$4.6M	100x	as long as short
Kraken Futures PF_XAUUSD	+0.0225%	1h	4,359.7	+0.020%	$595K	$141K	25x	as long as short
Phemex XAUUSDT	+0.0323%	4h	4,365.5	+0.153%	$2.2M	$1.1M	100x	as long as short
GMX GOLD/USD [ETH-USDC]	L +0.0394% / S −0.0199%	1h	4,362.9	+0.094%	$254K	—	111x	as long as short
HTX XAU-USDT	+0.0559%	4h	4,367.1	+0.191%	$2.9M	$3.9M	75x	as long as short