Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: Lighter RH against Pacifica+0.107%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now +0.107%, 7d avg +0.079%
=Together, before fees−0.069%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.027% dearer against Pacifica than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.079%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.034% in total) that is about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAU | 4,343.7 | 0.0100 | pay 0.0013% / 1h | 9m 14s | $1.4M | $1.1M | 10x |
| Short | Lighter RH XAU | 4,348.3 | 0.0040 | get 0.0005% / 1h | 9m 14s | $20.1M | $39.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Pacifica. 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
- −$12.6
- Price spread: +0.107% → +0.079%
- $2.75
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$17.85
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 5 min ago; Lighter RH: live order book, 5 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 Pacifica live order book, 5 min ago | 0.12 bp | 4.2 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 0.70 bp | 0.8 bp −$1 | 0.8 bp −$8 | 3.2 bp −$324 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx XAU/USDC | 0.0000% | 1h | 4,347.3 | +0.084% | $3.4M | $12.3M | 25x | as long as short |
| Gate XAU_USDT | 0.0000% | 4h | 4,348.6 | +0.113% | $266.5M | $417.6M | 100x | as long as short |
| SunX XAU-USDT | 0.0000% | 4h | 4,352.2 | +0.196% | $92K | $8.9M | 20x | as long as short |
| gTrade (Gains Network) XAU/USD | L +0.0002% / S −0.0003% | 1h | 4,343.3 | −0.008% | $272K | — | 250x | as long as short |
| Lighter XAU | +0.0032% | 1h | 4,346.5 | +0.064% | $20.8M | $38.2M | 25x | as long as short |
| Extended XAU-USD | +0.0032% | 1h | 4,343.5 | −0.005% | $13.2M | $38.2M | 25x | as long as short |
| Injective XAU/USDC PERP | +0.0033% | 1h | 4,350.4 | +0.155% | $619 | $54 | 52x | as long as short |
| Lighter RH XAUshort | +0.0040% | 1h | 4,348.3 | +0.107% | $20.1M | $39.4M | 25x | |
| StandX XAU-USD | +0.0040% | 1h | 4,347.4 | +0.085% | $3.8M | $4.5M | 40x | as long as short |
| QFEX GOLD-USD | +0.0041% | 1h | 4,347 | +0.076% | $5.7M | $2.0M | 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 | 4,380.3 | +0.843% | — | $1.0M | 25x | as long as short |
| Coinbase International GOLD-PERP-INTX | +0.0048% | 1h | 4,344.8 | +0.025% | $2.0M | $4.8M | 25x | as long as short |
| Kalshi KXGOLDPERP | +0.0049% | 24h | 4,346 | +0.053% | $4.2M | $37.4M | 15x | as long as short |
| tradeXYZ xyz:GOLD | +0.0050% | 1h | 4,344.4 | +0.016% | $293.8M | $48.8M | 25x | as long as short |
| Ondo Perps XAU-USD.P | +0.0050% | 1h | 4,344 | +0.008% | $15.1M | $56.9M | 25x | as long as short |
| Hotstuff GOLD-PERP | +0.0056% | 1h | 4,344.8 | +0.025% | $33K | — | 25x | as long as short |
| Aster XAUUSD1 | +0.0063% | 4h | 4,349 | +0.121% | $71.4M | $333.1M | 20x | as long as short |
| Variational Omni XAU | +0.0076% | 4h | 4,345.3 | +0.036% | $48.4M | $28.2M | — | as long as short |
| Paradex XAU-USD-PERP | +0.0080% | 8h | 4,347.5 | +0.087% | $19K | $5K | 5x | as long as short |
| MEXC XAU_USDT | +0.0088% | 4h | 4,347.7 | +0.093% | $372.7M | $320.5M | 1000x | as long as short |
| Binance XAUUSDT | +0.0090% | 4h | 4,347.7 | +0.092% | $413.9M | $2.10B | 100x | as long as short |
| GRVT XAU_USDT_Perp | +0.0090% | 4h | 4,347 | +0.075% | $1.4M | $2.9M | 25x | as long as short |
| Pacifica XAUlong | +0.0100% | 1h | 4,343.7 | long leg | $1.4M | $1.1M | 10x | |
| ApeX Omni XAUUSDT | +0.0100% | 1h | 4,343.3 | −0.010% | $274K | $203K | 50x | as long as short |
| Bluefin GOLD-PERP | +0.0100% | 1h | 4,340.2 | −0.081% | $25K | $14K | 20x | as long as short |
| edgeX XAUUSDC | +0.0101% | 4h | 4,342.2 | −0.034% | $30.2M | $58.0M | 50x | as long as short |
| Aevo XAU-PERP | +0.0104% | 1h | 4,346.7 | +0.069% | $161K | $87 | 10x | as long as short |
| Phoenix GOLD | +0.0142% | 1h | 4,344.7 | +0.023% | $47K | $77K | 25x | as long as short |
| Polymarket Perps GOLD-USD | +0.0166% | 1h | 4,347.8 | +0.094% | $4.3M | $2.0M | 20x | as long as short |
| Bullet GOLD-USD | +0.0186% | 1h | 4,347.6 | +0.090% | $59K | $82K | 10x | as long as short |
| Kraken Futures PF_XAUUSD | +0.0194% | 1h | 4,344.8 | +0.025% | $593K | $132K | 25x | as long as short |
| Phemex XAUUSDT | +0.0225% | 4h | 4,349.4 | +0.131% | $2.2M | $967K | 100x | as long as short |
| Bitget XAUUSDT | +0.0234% | 4h | 4,348 | +0.099% | $70.1M | $109.2M | 100x | as long as short |
| Bybit XAUUSDT | +0.0240% | 4h | 4,348.7 | +0.115% | $85.1M | $145.3M | 150x | as long as short |
| OKX XAU-USDT-SWAP | +0.0299% | 8h | 4,348.9 | +0.120% | $165.4M | $282.0M | 100x | as long as short |
| Deribit GOLD_USDC-PERPETUAL | +0.0326% | 1h | 4,346.3 | +0.060% | $206K | $825K | 25x | as long as short |
| BloFin XAU-USDT | +0.0330% | 4h | 4,347.7 | +0.092% | $15.6M | $4.5M | 100x | as long as short |
| GMX GOLD/USD [ETH-USDC] | L +0.0419% / S −0.0240% | 1h | 4,347.7 | +0.092% | $248K | — | 111x | as long as short |
| HTX XAU-USDT | +0.0617% | 4h | 4,351.3 | +0.175% | $2.8M | $4.6M | 75x | as long as short |
Pacifica XAU
Lighter RH XAU
RISEx XAU/USDC
Gate XAU_USDT
SunX XAU-USDT
gTrade (Gains Network) XAU/USD
Lighter XAU
Extended XAU-USD
Injective XAU/USDC PERP
StandX XAU-USD
Coinbase International GOLD-PERP-INTX
Kalshi KXGOLDPERP
tradeXYZ xyz:GOLD
Aster XAUUSD1
Variational Omni XAU
Paradex XAU-USD-PERP
MEXC XAU_USDT
Binance XAUUSDT
GRVT XAU_USDT_Perp
ApeX Omni XAUUSDT
Bluefin GOLD-PERP
edgeX XAUUSDC
Phoenix GOLD
Polymarket Perps GOLD-USD
Bullet GOLD-USD
Kraken Futures PF_XAUUSD
Phemex XAUUSDT
Bitget XAUUSDT
Bybit XAUUSDT
OKX XAU-USDT-SWAP
Deribit GOLD_USDC-PERPETUAL
BloFin XAU-USDT
GMX GOLD/USD [ETH-USDC]
HTX XAU-USDT